in2Projects: 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.
in2Projects
Largest movements
- Current investments -€73,247
down €73,247 (-63.5%), from €115,362 to €42,116
- Cash +€35,550
up €35,550 (+25.5%), from €139,637 to €175,187
mainly Current investments (+€73,247) and Receivables within one year (+€24,088)
- Receivables within one year -€24,088
down €24,088 (-95.7%), from €25,183 to €1,095
of which Trade receivables: -€25,183
- Receivables after one year +€15,000
new in 2025: €15,000
- Tax, wage and social debts -€35,883
down €35,883 (-47.9%), from €74,977 to €39,094
- Other debts -€15,143
down €15,143 (-93.4%), from €16,207 to €1,064
- Profit (loss) carried forward +€3,113
up €3,113 (+1.5%), from €206,535 to €209,649
- Gross operating margin -€166,778
down €166,778 (-95.5%), from €174,656 to €7,878
- Taxes -€36,328
down €36,328 (-94.4%), from €38,470 to €2,141
- Financial income +€5,060
up €5,060 (+168672.0%), from €3 to €5,063
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 | €302,730 | €254,959 | -€47,771 | -15.8% |
| Fixed assets | 21/28 | €22,548 | €21,561 | -€987 | -4.4% |
| Tangible fixed assets | 22/27 | €22,548 | €21,561 | -€987 | -4.4% |
| Furniture and vehicles | 24 | €20,288 | €19,818 | -€470 | -2.3% |
| Other tangible fixed assets | 26 | €2,260 | €1,743 | -€517 | -22.9% |
| Current assets | 29/58 | €280,182 | €233,398 | -€46,785 | -16.7% |
| Amounts receivable after more than one year | 29 | - | €15,000 | +€15,000 | |
| Other amounts receivable | 291 | - | €15,000 | +€15,000 | |
| Amounts receivable within one year | 40/41 | €25,183 | €1,095 | -€24,088 | -95.7% |
| Trade receivables | 40 | €25,183 | - | -€25,183 | |
| Other amounts receivable | 41 | - | €1,095 | +€1,095 | |
| Current investments | 50/53 | €115,362 | €42,116 | -€73,247 | -63.5% |
| Cash at bank and in hand | 54/58 | €139,637 | €175,187 | +€35,550 | +25.5% |
| Total equity and liabilities | 10/49 | €302,730 | €254,959 | -€47,771 | -15.8% |
| Equity | 10/15 | €211,535 | €214,649 | +€3,113 | +1.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €206,535 | €209,649 | +€3,113 | +1.5% |
| Amounts payable | 17/49 | €91,195 | €40,310 | -€50,885 | -55.8% |
| Amounts payable within one year | 42/48 | €91,195 | €40,310 | -€50,885 | -55.8% |
| Trade debts | 44 | €11 | €152 | +€141 | +1286.3% |
| Suppliers | 440/4 | €11 | €152 | +€141 | +1286.3% |
| Taxes, remuneration and social security | 45 | €74,977 | €39,094 | -€35,883 | -47.9% |
| Taxes | 450/3 | €74,977 | €39,094 | -€35,883 | -47.9% |
| Other amounts payable | 47/48 | €16,207 | €1,064 | -€15,143 | -93.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,263 | €7,180 | +€916 | +14.6% |
| Other operating charges | 640/8 | €198 | €205 | +€7 | +3.4% |
| Gross operating margin | 9900 | €174,656 | €7,878 | -€166,778 | -95.5% |
| Operating profit (loss) | 9901 | €168,194 | €493 | -€167,701 | -99.7% |
| Financial income | 75/76B | €3 | €5,063 | +€5,060 | +168672.0% |
| Recurring financial income | 75 | €3 | €5,063 | +€5,060 | +168672.0% |
| Financial charges | 65/66B | €1,652 | €302 | -€1,350 | -81.7% |
| Recurring financial charges | 65 | €1,652 | €302 | -€1,350 | -81.7% |
| Profit (loss) for the period before taxes | 9903 | €166,545 | €5,254 | -€161,291 | -96.8% |
| Income taxes | 67/77 | €38,470 | €2,141 | -€36,328 | -94.4% |
| Profit (loss) for the period | 9904 | €128,076 | €3,113 | -€124,963 | -97.6% |
| Profit (loss) for the period to be appropriated | 9905 | €128,076 | €3,113 | -€124,963 | -97.6% |
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 8 October 2026 via checked.be.