IN-TO: what changed
IN-TO
Largest movements
- Tangible fixed assets +€144,632
up €144,632 (+61.1%), from €236,703 to €381,335
of which Furniture and vehicles: +€183,838
- Cash -€40,030
down €40,030 (-16.0%), from €250,366 to €210,336
mainly Investment in fixed assets (net) (-€235,977) and Contributions, distributions and other (-€131,416)
- Stocks and contracts -€14,222
down €14,222 (-8.6%), from €164,711 to €150,489
- Receivables within one year -€12,617
down €12,617 (-3.0%), from €422,680 to €410,063
of which Other amounts receivable: -€54,862
- Advances received +€83,312
up €83,312 (+110%), from €75,951 to €159,263
- Other debts +€35,879
up €35,879 (+18.7%), from €192,034 to €227,912
- Reserves -€26,096
down €26,096 (-35.4%), from €73,796 to €47,700
- Trade debts +€20,191
up €20,191 (+14.8%), from €136,191 to €156,382
- Accrued charges and deferred income -€13,876
down €13,876 (-95.2%), from €14,572 to €697
- Gross operating margin -€81,375
down €81,375 (-16.2%), from €502,952 to €421,577
- Depreciation +€13,966
up €13,966 (+18.0%), from €77,378 to €91,345
- Staff costs -€11,180
down €11,180 (-4.6%), from €245,256 to €234,076
- Taxes -€5,148
down €5,148 (-90.3%), from €5,702 to €555
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,081,761 | €1,160,593 | +€78,832 | +7.3% |
| Fixed assets | 21/28 | €236,703 | €381,335 | +€144,632 | +61.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €236,703 | €381,335 | +€144,632 | +61.1% |
| Land and buildings | 22 | €2,330 | €2,025 | -€305 | -13.1% |
| Plant, machinery and equipment | 23 | €152,047 | €113,145 | -€38,902 | -25.6% |
| Furniture and vehicles | 24 | €82,326 | €266,165 | +€183,838 | +223% |
| Current assets | 29/58 | €845,058 | €779,258 | -€65,800 | -7.8% |
| Stocks and contracts in progress | 3 | €164,711 | €150,489 | -€14,222 | -8.6% |
| Stocks | 30/36 | €164,711 | €150,489 | -€14,222 | -8.6% |
| Amounts receivable within one year | 40/41 | €422,680 | €410,063 | -€12,617 | -3.0% |
| Trade receivables | 40 | €331,384 | €373,629 | +€42,245 | +12.7% |
| Other amounts receivable | 41 | €91,296 | €36,435 | -€54,862 | -60.1% |
| Cash at bank and in hand | 54/58 | €250,366 | €210,336 | -€40,030 | -16.0% |
| Deferred charges and accrued income | 490/1 | €7,301 | €8,370 | +€1,069 | +14.6% |
| Total equity and liabilities | 10/49 | €1,081,761 | €1,160,593 | +€78,832 | +7.3% |
| Equity | 10/15 | €257,215 | €231,119 | -€26,096 | -10.1% |
| Contributions | 10/11 | €26,873 | €26,873 | = | 0.0% |
| Reserves | 13 | €73,796 | €47,700 | -€26,096 | -35.4% |
| Distributable reserves | 133 | €73,796 | €47,700 | -€26,096 | -35.4% |
| Profit (loss) carried forward | 14 | €156,546 | €156,546 | = | 0.0% |
| Amounts payable | 17/49 | €824,546 | €929,474 | +€104,928 | +12.7% |
| Amounts payable after more than one year | 17 | €123,585 | €117,320 | -€6,266 | -5.1% |
| Financial debts | 170/4 | €123,585 | €117,320 | -€6,266 | -5.1% |
| Amounts payable within one year | 42/48 | €686,388 | €811,458 | +€125,070 | +18.2% |
| Current portion of amounts payable after more than one year | 42 | €58,247 | €51,812 | -€6,435 | -11.0% |
| Financial debts | 43 | €200,000 | €200,000 | = | 0.0% |
| Credit institutions | 430/8 | €200,000 | €200,000 | = | 0.0% |
| Trade debts | 44 | €136,191 | €156,382 | +€20,191 | +14.8% |
| Suppliers | 440/4 | €136,191 | €156,382 | +€20,191 | +14.8% |
| Advances received on contracts in progress | 46 | €75,951 | €159,263 | +€83,312 | +110% |
| Taxes, remuneration and social security | 45 | €23,966 | €16,089 | -€7,877 | -32.9% |
| Taxes | 450/3 | €7,158 | €3,800 | -€3,358 | -46.9% |
| Remuneration and social security | 454/9 | €16,808 | €12,289 | -€4,519 | -26.9% |
| Other amounts payable | 47/48 | €192,034 | €227,912 | +€35,879 | +18.7% |
| Accrued charges and deferred income | 492/3 | €14,572 | €697 | -€13,876 | -95.2% |
| Non-recurring operating income | 76A | €500 | €3,058 | +€2,558 | +512% |
| Remuneration, social security and pensions | 62 | €245,256 | €234,076 | -€11,180 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,378 | €91,345 | +€13,966 | +18.0% |
| Other operating charges | 640/8 | €4,316 | €3,837 | -€479 | -11.1% |
| Gross operating margin | 9900 | €502,952 | €421,577 | -€81,375 | -16.2% |
| Operating profit (loss) | 9901 | €176,002 | €92,320 | -€83,682 | -47.5% |
| Financial income | 75/76B | €28,859 | €30,157 | +€1,299 | +4.5% |
| Recurring financial income | 75 | €28,859 | €30,157 | +€1,299 | +4.5% |
| Financial charges | 65/66B | €14,400 | €16,602 | +€2,202 | +15.3% |
| Recurring financial charges | 65 | €14,400 | €16,602 | +€2,202 | +15.3% |
| Profit (loss) for the period before taxes | 9903 | €190,460 | €105,875 | -€84,585 | -44.4% |
| Income taxes | 67/77 | €5,702 | €555 | -€5,148 | -90.3% |
| Profit (loss) for the period | 9904 | €184,758 | €105,321 | -€79,437 | -43.0% |
| Profit (loss) for the period to be appropriated | 9905 | €184,758 | €105,321 | -€79,437 | -43.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.