in2M: what changed
Two fiscal 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.
in2M
Largest movements
- Tangible fixed assets -€8,907
down €8,907 (-78.0%), from €11,413 to €2,507
- Receivables within one year +€6,678
up €6,678 (+18.0%), from €37,039 to €43,717
of which Trade receivables: +€6,678
- Other debts -€87,493
down €87,493 (-97.7%), from €89,533 to €2,040
- Reserves +€68,265
up €68,265 (+33.8%), from €202,193 to €270,458
- Tax, wage and social debts +€14,163
up €14,163 (+154.6%), from €9,159 to €23,321
- Taxes +€11,315
up €11,315 (+45.4%), from €24,905 to €36,221
- Gross operating margin -€4,129
down €4,129 (-3.5%), from €118,144 to €114,016
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.
Cash bridge derived
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 | €305,885 | €302,181 | -€3,703 | -1.2% |
| Fixed assets | 21/28 | €11,413 | €2,507 | -€8,907 | -78.0% |
| Tangible fixed assets | 22/27 | €11,413 | €2,507 | -€8,907 | -78.0% |
| Furniture and vehicles | 24 | €11,413 | €2,507 | -€8,907 | -78.0% |
| Current assets | 29/58 | €294,471 | €299,675 | +€5,203 | +1.8% |
| Amounts receivable within one year | 40/41 | €37,039 | €43,717 | +€6,678 | +18.0% |
| Trade receivables | 40 | €31,944 | €38,622 | +€6,678 | +20.9% |
| Other amounts receivable | 41 | €5,095 | €5,095 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €256,753 | €255,307 | -€1,446 | -0.6% |
| Deferred charges and accrued income | 490/1 | €680 | €652 | -€29 | -4.2% |
| Total equity and liabilities | 10/49 | €305,885 | €302,181 | -€3,703 | -1.2% |
| Equity | 10/15 | €207,193 | €275,458 | +€68,265 | +32.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €202,193 | €270,458 | +€68,265 | +33.8% |
| Distributable reserves | 133 | €202,193 | €270,458 | +€68,265 | +33.8% |
| Amounts payable | 17/49 | €98,692 | €26,724 | -€71,968 | -72.9% |
| Amounts payable within one year | 42/48 | €98,692 | €26,724 | -€71,968 | -72.9% |
| Trade debts | 44 | - | €1,362 | +€1,362 | |
| Suppliers | 440/4 | - | €1,362 | +€1,362 | |
| Taxes, remuneration and social security | 45 | €9,159 | €23,321 | +€14,163 | +154.6% |
| Taxes | 450/3 | €9,159 | €23,321 | +€14,163 | +154.6% |
| Other amounts payable | 47/48 | €89,533 | €2,040 | -€87,493 | -97.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,981 | €8,907 | -€75 | -0.8% |
| Other operating charges | 640/8 | €385 | €524 | +€139 | +36.1% |
| Gross operating margin | 9900 | €118,144 | €114,016 | -€4,129 | -3.5% |
| Operating profit (loss) | 9901 | €108,778 | €104,585 | -€4,193 | -3.9% |
| Financial income | 75/76B | €5 | €8 | +€3 | +65.2% |
| Recurring financial income | 75 | €5 | €8 | +€3 | +65.2% |
| Financial charges | 65/66B | €77 | €108 | +€31 | +40.9% |
| Recurring financial charges | 65 | €77 | €108 | +€31 | +40.9% |
| Profit (loss) for the period before taxes | 9903 | €108,706 | €104,485 | -€4,221 | -3.9% |
| Income taxes | 67/77 | €24,905 | €36,221 | +€11,315 | +45.4% |
| Profit (loss) for the period | 9904 | €83,801 | €68,265 | -€15,536 | -18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €83,801 | €68,265 | -€15,536 | -18.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.