INA CONCEPT: 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.
INA CONCEPT
Largest movements
- Cash +€113,427
up €113,427 (+168.7%), from €67,240 to €180,667
mainly Trade debts (+€104,758) and Net result for the year (+€16,539)
- Deferred charges and accrued income +€15,362
up €15,362 (+2227.6%), from €690 to €16,051
- Trade debts +€104,758
up €104,758 (+55.3%), from €189,586 to €294,344
- Profit (loss) carried forward +€16,487
up €16,487 (+53.3%), from -€30,919 to -€14,432
- Other operating charges -€48,265
down €48,265 (-96.9%), from €49,813 to €1,549
- Gross operating margin +€31,815
up €31,815 (+40.3%), from €79,023 to €110,838
- Write-downs +€20,000
new in 2025: €20,000
- Financial income -€5,785
down €5,785 (-63.0%), from €9,181 to €3,396
- Staff costs +€3,040
up €3,040 (+5.9%), from €51,589 to €54,629
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 | €458,642 | €578,368 | +€119,726 | +26.1% |
| Fixed assets | 21/28 | €7,591 | €3,962 | -€3,628 | -47.8% |
| Tangible fixed assets | 22/27 | €7,591 | €3,962 | -€3,628 | -47.8% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €4,267 | €1,195 | -€3,072 | -72.0% |
| Other tangible fixed assets | 26 | €3,324 | €2,768 | -€556 | -16.7% |
| Current assets | 29/58 | €451,051 | €574,405 | +€123,354 | +27.3% |
| Amounts receivable within one year | 40/41 | €383,122 | €377,687 | -€5,435 | -1.4% |
| Trade receivables | 40 | €298,295 | €332,034 | +€33,739 | +11.3% |
| Other amounts receivable | 41 | €84,827 | €45,653 | -€39,174 | -46.2% |
| Cash at bank and in hand | 54/58 | €67,240 | €180,667 | +€113,427 | +168.7% |
| Deferred charges and accrued income | 490/1 | €690 | €16,051 | +€15,362 | +2227.6% |
| Total equity and liabilities | 10/49 | €458,642 | €578,368 | +€119,726 | +26.1% |
| Equity | 10/15 | €252,759 | €269,246 | +€16,487 | +6.5% |
| Contributions | 10/11 | €32,000 | €32,000 | = | 0.0% |
| Reserves | 13 | €251,678 | €251,678 | = | 0.0% |
| Distributable reserves | 133 | €251,678 | €251,678 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,919 | -€14,432 | +€16,487 | +53.3% |
| Amounts payable | 17/49 | €205,883 | €309,121 | +€103,238 | +50.1% |
| Amounts payable within one year | 42/48 | €205,883 | €309,121 | +€103,238 | +50.1% |
| Financial debts | 43 | €5,826 | €5,201 | -€624 | -10.7% |
| Credit institutions | 430/8 | €5,826 | €5,201 | -€624 | -10.7% |
| Trade debts | 44 | €189,586 | €294,344 | +€104,758 | +55.3% |
| Suppliers | 440/4 | €189,586 | €294,344 | +€104,758 | +55.3% |
| Taxes, remuneration and social security | 45 | €10,471 | €9,576 | -€895 | -8.6% |
| Taxes | 450/3 | €202 | €3,034 | +€2,832 | +1402.1% |
| Remuneration and social security | 454/9 | €10,269 | €6,542 | -€3,727 | -36.3% |
| Non-recurring operating income | 76A | €25,217 | €0 | -€25,217 | -100.0% |
| Remuneration, social security and pensions | 62 | €51,589 | €54,629 | +€3,040 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,726 | €3,628 | -€98 | -2.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €20,000 | +€20,000 | |
| Other operating charges | 640/8 | €49,813 | €1,549 | -€48,265 | -96.9% |
| Non-recurring operating charges | 66A | - | €6,540 | +€6,540 | |
| Gross operating margin | 9900 | €79,023 | €110,838 | +€31,815 | +40.3% |
| Operating profit (loss) | 9901 | -€26,105 | €24,492 | +€50,597 | |
| Financial income | 75/76B | €9,181 | €3,396 | -€5,785 | -63.0% |
| Recurring financial income | 75 | €9,181 | €3,396 | -€5,785 | -63.0% |
| Financial charges | 65/66B | €8,066 | €8,315 | +€248 | +3.1% |
| Recurring financial charges | 65 | €8,066 | €8,315 | +€248 | +3.1% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€24,990 | €19,573 | +€44,563 | |
| Income taxes | 67/77 | €63 | €3,034 | +€2,970 | +4679.0% |
| Profit (loss) for the period | 9904 | -€25,054 | €16,539 | +€41,593 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,054 | €16,539 | +€41,593 |
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.