In2sails: 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.
In2sails
Largest movements
- Receivables within one year +€101,607
up €101,607 (+212.3%), from €47,871 to €149,479
of which Other amounts receivable: +€99,063
- Current investments +€38,400
up €38,400 (+81.7%), from €47,000 to €85,400
- Cash +€29,278
up €29,278 (+194.7%), from €15,037 to €44,314
mainly Net result for the year (+€146,449) and Tax, wage and social debts (+€28,656)
- Reserves +€146,449
up €146,449 (+160.3%), from €91,380 to €237,830
- Tax, wage and social debts +€28,656
up €28,656 (+147.0%), from €19,489 to €48,145
of which Taxes: +€31,571
- Debts after one year -€8,470
down €8,470 (-44.9%), from €18,858 to €10,387
- Gross operating margin +€73,410
up €73,410 (+57.5%), from €127,721 to €201,131
- Taxes +€19,061
up €19,061 (+72.9%), from €26,132 to €45,193
- Depreciation +€3,006
up €3,006 (+44.7%), from €6,730 to €9,736
- Financial income +€2,058
up €2,058 (+488.9%), from €421 to €2,479
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 | €144,331 | €310,939 | +€166,609 | +115.4% |
| Formation expenses | 20 | €830 | €0 | -€830 | -100.0% |
| Fixed assets | 21/28 | €33,092 | €31,266 | -€1,826 | -5.5% |
| Tangible fixed assets | 22/27 | €33,092 | €31,266 | -€1,826 | -5.5% |
| Furniture and vehicles | 24 | €1,094 | €4,510 | +€3,416 | +312.3% |
| Leasing and similar rights | 25 | €31,998 | €24,318 | -€7,680 | -24.0% |
| Other tangible fixed assets | 26 | - | €2,437 | +€2,437 | |
| Current assets | 29/58 | €110,409 | €279,674 | +€169,265 | +153.3% |
| Amounts receivable within one year | 40/41 | €47,871 | €149,479 | +€101,607 | +212.3% |
| Trade receivables | 40 | €24,601 | €27,145 | +€2,544 | +10.3% |
| Other amounts receivable | 41 | €23,270 | €122,333 | +€99,063 | +425.7% |
| Current investments | 50/53 | €47,000 | €85,400 | +€38,400 | +81.7% |
| Cash at bank and in hand | 54/58 | €15,037 | €44,314 | +€29,278 | +194.7% |
| Deferred charges and accrued income | 490/1 | €501 | €481 | -€20 | -4.0% |
| Total equity and liabilities | 10/49 | €144,331 | €310,939 | +€166,609 | +115.4% |
| Equity | 10/15 | €93,380 | €239,830 | +€146,449 | +156.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €91,380 | €237,830 | +€146,449 | +160.3% |
| Distributable reserves | 133 | €91,380 | €237,830 | +€146,449 | +160.3% |
| Amounts payable | 17/49 | €50,950 | €71,110 | +€20,159 | +39.6% |
| Amounts payable after more than one year | 17 | €18,858 | €10,387 | -€8,470 | -44.9% |
| Financial debts | 170/4 | €18,858 | €10,387 | -€8,470 | -44.9% |
| Amounts payable within one year | 42/48 | €32,093 | €60,722 | +€28,629 | +89.2% |
| Current portion of amounts payable after more than one year | 42 | €7,994 | €8,470 | +€476 | +6.0% |
| Trade debts | 44 | €2,846 | €4,107 | +€1,261 | +44.3% |
| Suppliers | 440/4 | €2,846 | €4,107 | +€1,261 | +44.3% |
| Taxes, remuneration and social security | 45 | €19,489 | €48,145 | +€28,656 | +147.0% |
| Taxes | 450/3 | €16,574 | €48,145 | +€31,571 | +190.5% |
| Remuneration and social security | 454/9 | €2,915 | €0 | -€2,915 | -100.0% |
| Other amounts payable | 47/48 | €1,764 | €0 | -€1,764 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,730 | €9,736 | +€3,006 | +44.7% |
| Other operating charges | 640/8 | €1,931 | €691 | -€1,240 | -64.2% |
| Gross operating margin | 9900 | €127,721 | €201,131 | +€73,410 | +57.5% |
| Operating profit (loss) | 9901 | €119,060 | €190,704 | +€71,644 | +60.2% |
| Financial income | 75/76B | €421 | €2,479 | +€2,058 | +488.9% |
| Recurring financial income | 75 | €421 | €2,479 | +€2,058 | +488.9% |
| Financial charges | 65/66B | €1,969 | €1,541 | -€428 | -21.7% |
| Recurring financial charges | 65 | €1,969 | €1,541 | -€428 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | €117,512 | €191,643 | +€74,130 | +63.1% |
| Income taxes | 67/77 | €26,132 | €45,193 | +€19,061 | +72.9% |
| Profit (loss) for the period | 9904 | €91,380 | €146,449 | +€55,069 | +60.3% |
| Profit (loss) for the period to be appropriated | 9905 | €91,380 | €146,449 | +€55,069 | +60.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.