DR. INGRID INION: 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.
DR. INGRID INION
Largest movements
- Cash +€13,011
up €13,011 (+14.9%), from €87,098 to €100,108
mainly Net result for the year (+€85,923) and Depreciation (+€11,430)
- Receivables within one year +€7,213
up €7,213 (+2,509%), from €287 to €7,500
of which Other amounts receivable: +€7,500
- Tangible fixed assets +€5,871
up €5,871 (+2.8%), from €213,473 to €219,344
of which Furniture and vehicles: +€10,723
- Reserves +€85,923
up €85,923 (+38.2%), from €225,089 to €311,012
of which Distributable reserves: +€85,923
- Other debts -€41,330
down €41,330 (-100%), from €41,330 to €0
- Tax, wage and social debts -€10,742
down €10,742 (-85.0%), from €12,640 to €1,898
- Short-term financial debts -€6,762
down €6,762 (-100%), from €6,762 to €0
- Gross operating margin -€72,843
down €72,843 (-36.8%), from €198,100 to €125,257
- Taxes -€17,631
down €17,631 (-41.4%), from €42,560 to €24,929
- Depreciation -€6,538
down €6,538 (-36.4%), from €17,967 to €11,430
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €307,737 | €332,188 | +€24,452 | +7.9% |
| Fixed assets | 21/28 | €213,473 | €219,344 | +€5,871 | +2.8% |
| Tangible fixed assets | 22/27 | €213,473 | €219,344 | +€5,871 | +2.8% |
| Land and buildings | 22 | €203,934 | €198,355 | -€5,579 | -2.7% |
| Plant, machinery and equipment | 23 | €609 | €1,335 | +€726 | +119% |
| Furniture and vehicles | 24 | €8,930 | €19,654 | +€10,723 | +120% |
| Current assets | 29/58 | €94,264 | €112,845 | +€18,581 | +19.7% |
| Amounts receivable within one year | 40/41 | €287 | €7,500 | +€7,213 | +2,509% |
| Trade receivables | 40 | €287 | €0 | -€287 | -100% |
| Other amounts receivable | 41 | €0 | €7,500 | +€7,500 | |
| Cash at bank and in hand | 54/58 | €87,098 | €100,108 | +€13,011 | +14.9% |
| Deferred charges and accrued income | 490/1 | €6,878 | €5,236 | -€1,642 | -23.9% |
| Total equity and liabilities | 10/49 | €307,737 | €332,188 | +€24,452 | +7.9% |
| Equity | 10/15 | €243,689 | €329,612 | +€85,923 | +35.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €225,089 | €311,012 | +€85,923 | +38.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €223,229 | €309,152 | +€85,923 | +38.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €64,048 | €2,576 | -€61,472 | -96.0% |
| Amounts payable after more than one year | 17 | €2,144 | €0 | -€2,144 | -100% |
| Financial debts | 170/4 | €2,144 | €0 | -€2,144 | -100% |
| Amounts payable within one year | 42/48 | €61,904 | €2,576 | -€59,328 | -95.8% |
| Current portion of amounts payable after more than one year | 42 | €1,172 | €0 | -€1,172 | -100% |
| Financial debts | 43 | €6,762 | €0 | -€6,762 | -100% |
| Other loans | 439 | €6,762 | €0 | -€6,762 | -100% |
| Trade debts | 44 | - | €678 | +€678 | |
| Suppliers | 440/4 | - | €678 | +€678 | |
| Taxes, remuneration and social security | 45 | €12,640 | €1,898 | -€10,742 | -85.0% |
| Taxes | 450/3 | €12,640 | €1,898 | -€10,742 | -85.0% |
| Other amounts payable | 47/48 | €41,330 | €0 | -€41,330 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,967 | €11,430 | -€6,538 | -36.4% |
| Other operating charges | 640/8 | €921 | €2,391 | +€1,471 | +160% |
| Gross operating margin | 9900 | €198,100 | €125,257 | -€72,843 | -36.8% |
| Operating profit (loss) | 9901 | €179,212 | €111,437 | -€67,776 | -37.8% |
| Financial income | 75/76B | €31 | €453 | +€422 | +1,358% |
| Recurring financial income | 75 | €31 | €453 | +€422 | +1,358% |
| Financial charges | 65/66B | €2,173 | €1,038 | -€1,136 | -52.3% |
| Recurring financial charges | 65 | €2,173 | €1,038 | -€1,136 | -52.3% |
| Profit (loss) for the period before taxes | 9903 | €177,070 | €110,852 | -€66,218 | -37.4% |
| Income taxes | 67/77 | €42,560 | €24,929 | -€17,631 | -41.4% |
| Profit (loss) for the period | 9904 | €134,510 | €85,923 | -€48,587 | -36.1% |
| Profit (loss) for the period to be appropriated | 9905 | €134,510 | €85,923 | -€48,587 | -36.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.