IXG: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
IXG
Largest movements
- Cash +€99,810
up €99,810 (+127%), from €78,711 to €178,521
mainly Net result for the year (+€202,984) and Trade debts (+€35,149)
- Tangible fixed assets +€85,662
up €85,662 (+458%), from €18,707 to €104,370
of which Land and buildings: +€61,461
- Receivables within one year +€47,377
up €47,377 (+6.6%), from €718,658 to €766,035
of which Other amounts receivable: +€134,881
- Stocks and contracts +€38,063
up €38,063 (+32.3%), from €117,666 to €155,729
- Profit (loss) carried forward +€202,984
up €202,984 (+32.9%), from €616,176 to €819,159
- Trade debts +€35,149
up €35,149 (+20.7%), from €169,962 to €205,111
- Tax, wage and social debts +€24,478
up €24,478 (+30.6%), from €80,024 to €104,502
of which Taxes: +€21,774
- Gross operating margin +€119,965
up €119,965 (+58.1%), from €206,541 to €326,506
- Financial income -€33,827
down €33,827 (-23.2%), from €145,794 to €111,967
- Taxes +€28,000
up €28,000 (+66.6%), from €42,049 to €70,049
- Staff costs -€9,656
down €9,656 (-6.2%), from €154,780 to €145,124
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €933,745 | €1,204,657 | +€270,912 | +29.0% |
| Fixed assets | 21/28 | €18,710 | €104,372 | +€85,662 | +458% |
| Intangible fixed assets | 21 | €2 | €2 | -€1 | -33.3% |
| Tangible fixed assets | 22/27 | €18,707 | €104,370 | +€85,662 | +458% |
| Land and buildings | 22 | €9,962 | €71,422 | +€61,461 | +617% |
| Plant, machinery and equipment | 23 | €3,059 | - | -€3,059 | |
| Furniture and vehicles | 24 | €5,687 | €32,948 | +€27,261 | +479% |
| Current assets | 29/58 | €915,035 | €1,100,285 | +€185,250 | +20.2% |
| Stocks and contracts in progress | 3 | €117,666 | €155,729 | +€38,063 | +32.3% |
| Stocks | 30/36 | €117,666 | €155,729 | +€38,063 | +32.3% |
| Amounts receivable within one year | 40/41 | €718,658 | €766,035 | +€47,377 | +6.6% |
| Trade receivables | 40 | €426,519 | €339,016 | -€87,504 | -20.5% |
| Other amounts receivable | 41 | €292,139 | €427,020 | +€134,881 | +46.2% |
| Cash at bank and in hand | 54/58 | €78,711 | €178,521 | +€99,810 | +127% |
| Total equity and liabilities | 10/49 | €933,745 | €1,204,657 | +€270,912 | +29.0% |
| Equity | 10/15 | €683,759 | €886,743 | +€202,984 | +29.7% |
| Contributions | 10/11 | €55,382 | €55,382 | = | 0.0% |
| Reserves | 13 | €12,201 | €12,201 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,538 | €5,538 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,538 | €5,538 | = | 0.0% |
| Distributable reserves | 133 | €6,663 | €6,663 | = | 0.0% |
| Profit (loss) carried forward | 14 | €616,176 | €819,159 | +€202,984 | +32.9% |
| Amounts payable | 17/49 | €249,986 | €317,914 | +€67,928 | +27.2% |
| Amounts payable within one year | 42/48 | €249,986 | €317,914 | +€67,928 | +27.2% |
| Trade debts | 44 | €169,962 | €205,111 | +€35,149 | +20.7% |
| Suppliers | 440/4 | €169,962 | €205,111 | +€35,149 | +20.7% |
| Taxes, remuneration and social security | 45 | €80,024 | €104,502 | +€24,478 | +30.6% |
| Taxes | 450/3 | €80,024 | €101,798 | +€21,774 | +27.2% |
| Remuneration and social security | 454/9 | - | €2,704 | +€2,704 | |
| Other amounts payable | 47/48 | - | €8,301 | +€8,301 | |
| Remuneration, social security and pensions | 62 | €154,780 | €145,124 | -€9,656 | -6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,245 | €15,843 | +€1,599 | +11.2% |
| Other operating charges | 640/8 | €2,432 | €2,911 | +€480 | +19.7% |
| Gross operating margin | 9900 | €206,541 | €326,506 | +€119,965 | +58.1% |
| Operating profit (loss) | 9901 | €35,085 | €162,627 | +€127,542 | +364% |
| Financial income | 75/76B | €145,794 | €111,967 | -€33,827 | -23.2% |
| Recurring financial income | 75 | €145,794 | €111,967 | -€33,827 | -23.2% |
| Financial charges | 65/66B | €371 | €1,561 | +€1,190 | +321% |
| Recurring financial charges | 65 | €371 | €1,561 | +€1,190 | +321% |
| Profit (loss) for the period before taxes | 9903 | €180,508 | €273,033 | +€92,525 | +51.3% |
| Income taxes | 67/77 | €42,049 | €70,049 | +€28,000 | +66.6% |
| Profit (loss) for the period | 9904 | €138,459 | €202,984 | +€64,525 | +46.6% |
| Profit (loss) for the period to be appropriated | 9905 | €138,459 | €202,984 | +€64,525 | +46.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.