IN'SPIRATION: 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.
IN'SPIRATION
Largest movements
- Tangible fixed assets -€12,442
down €12,442 (-34.0%), from €36,580 to €24,137
- Cash -€4,304
down €4,304 (-3.2%), from €134,081 to €129,777
mainly Contributions, distributions and other (-€19,900) and Net result for the year (-€4,652)
- Receivables within one year +€3,254
up €3,254 (+730%), from €445 to €3,699
of which Other amounts receivable: +€3,639
- Reserves -€19,900
down €19,900 (-49.8%), from €39,942 to €20,042
- Other debts +€19,900
up €19,900 (+625%), from €3,186 to €23,086
- Profit (loss) carried forward -€4,652
down €4,652 (-5.9%), from €78,794 to €74,142
- Debts after one year -€4,294
down €4,294 (-30.2%), from €14,225 to €9,931
- Trade debts -€3,114
down €3,114 (-69.5%), from €4,481 to €1,367
- Gross operating margin -€34,297
down €34,297 (-78.2%), from €43,878 to €9,580
- Taxes -€7,485
down €7,485 (-99.0%), from €7,561 to €76
- Financial charges -€3,053
down €3,053 (-80.3%), from €3,804 to €751
of which Non-recurring financial charges: -€2,819
- Depreciation +€755
up €755 (+6.5%), from €11,687 to €12,442
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 | €172,915 | €159,467 | -€13,448 | -7.8% |
| Fixed assets | 21/28 | €36,580 | €24,137 | -€12,442 | -34.0% |
| Tangible fixed assets | 22/27 | €36,580 | €24,137 | -€12,442 | -34.0% |
| Furniture and vehicles | 24 | €36,580 | €24,137 | -€12,442 | -34.0% |
| Current assets | 29/58 | €136,335 | €135,330 | -€1,006 | -0.7% |
| Stocks and contracts in progress | 3 | €450 | €625 | +€175 | +38.9% |
| Stocks | 30/36 | €450 | €625 | +€175 | +38.9% |
| Amounts receivable within one year | 40/41 | €445 | €3,699 | +€3,254 | +730% |
| Trade receivables | 40 | €445 | €60 | -€385 | -86.5% |
| Other amounts receivable | 41 | - | €3,639 | +€3,639 | |
| Cash at bank and in hand | 54/58 | €134,081 | €129,777 | -€4,304 | -3.2% |
| Deferred charges and accrued income | 490/1 | €1,359 | €1,229 | -€130 | -9.6% |
| Total equity and liabilities | 10/49 | €172,915 | €159,467 | -€13,448 | -7.8% |
| Equity | 10/15 | €137,336 | €112,784 | -€24,552 | -17.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €39,942 | €20,042 | -€19,900 | -49.8% |
| Distributable reserves | 133 | €39,942 | €20,042 | -€19,900 | -49.8% |
| Profit (loss) carried forward | 14 | €78,794 | €74,142 | -€4,652 | -5.9% |
| Amounts payable | 17/49 | €35,579 | €46,684 | +€11,104 | +31.2% |
| Amounts payable after more than one year | 17 | €14,225 | €9,931 | -€4,294 | -30.2% |
| Financial debts | 170/4 | €14,225 | €9,931 | -€4,294 | -30.2% |
| Amounts payable within one year | 42/48 | €21,354 | €36,752 | +€15,398 | +72.1% |
| Current portion of amounts payable after more than one year | 42 | €4,120 | €4,294 | +€173 | +4.2% |
| Trade debts | 44 | €4,481 | €1,367 | -€3,114 | -69.5% |
| Suppliers | 440/4 | €4,481 | €1,367 | -€3,114 | -69.5% |
| Advances received on contracts in progress | 46 | €539 | - | -€539 | |
| Taxes, remuneration and social security | 45 | €9,028 | €8,006 | -€1,022 | -11.3% |
| Taxes | 450/3 | €7,028 | €6,006 | -€1,022 | -14.5% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €3,186 | €23,086 | +€19,900 | +625% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,687 | €12,442 | +€755 | +6.5% |
| Other operating charges | 640/8 | €920 | €964 | +€44 | +4.8% |
| Gross operating margin | 9900 | €43,878 | €9,580 | -€34,297 | -78.2% |
| Operating profit (loss) | 9901 | €31,271 | -€3,826 | -€35,096 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -57.1% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -57.1% |
| Financial charges | 65/66B | €3,804 | €751 | -€3,053 | -80.3% |
| Recurring financial charges | 65 | €985 | €751 | -€234 | -23.7% |
| Non-recurring financial charges | 66B | €2,819 | - | -€2,819 | |
| Profit (loss) for the period before taxes | 9903 | €27,467 | -€4,576 | -€32,043 | |
| Income taxes | 67/77 | €7,561 | €76 | -€7,485 | -99.0% |
| Profit (loss) for the period | 9904 | €19,906 | -€4,652 | -€24,558 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,906 | -€4,652 | -€24,558 |
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 13 October 2026 via checked.be.