INA TRADE: 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.
INA TRADE
Largest movements
- Receivables within one year +€26,696
up €26,696 (+54.5%), from €49,001 to €75,696
of which Trade receivables: +€61,322
- Cash +€19,561
up €19,561 (+24.4%), from €80,107 to €99,668
mainly Trade debts (+€64,174) and Depreciation (+€8,544)
- Stocks and contracts +€5,250
new in 2025: €5,250
- Trade debts +€64,174
up €64,174 (+1,071%), from €5,994 to €70,169
- Other debts -€19,137
down €19,137 (-100%), from €19,137 to €0
- Tax, wage and social debts +€3,539
up €3,539 (+8.3%), from €42,389 to €45,928
of which Remuneration and social security: +€1,942
- Staff costs +€60,075
new in 2025: €60,075
- Other operating charges +€22,847
up €22,847 (+852%), from €2,680 to €25,527
- Taxes -€16,082
down €16,082 (-71.5%), from €22,503 to €6,421
- Financial charges +€3,487
up €3,487, from -€283 to €3,204
- Depreciation +€2,651
up €2,651 (+45.0%), from €5,893 to €8,544
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.
Derived cash bridge
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 | €166,137 | €216,230 | +€50,093 | +30.2% |
| Fixed assets | 21/28 | €36,926 | €34,882 | -€2,044 | -5.5% |
| Tangible fixed assets | 22/27 | €35,326 | €33,282 | -€2,044 | -5.8% |
| Plant, machinery and equipment | 23 | €30,313 | €30,640 | +€327 | +1.1% |
| Furniture and vehicles | 24 | €5,013 | €2,642 | -€2,371 | -47.3% |
| Financial fixed assets | 28 | €1,600 | €1,600 | = | 0.0% |
| Current assets | 29/58 | €129,211 | €181,348 | +€52,136 | +40.3% |
| Stocks and contracts in progress | 3 | - | €5,250 | +€5,250 | |
| Stocks | 30/36 | - | €5,250 | +€5,250 | |
| Amounts receivable within one year | 40/41 | €49,001 | €75,696 | +€26,696 | +54.5% |
| Trade receivables | 40 | €13,678 | €75,000 | +€61,322 | +448% |
| Other amounts receivable | 41 | €35,323 | €696 | -€34,627 | -98.0% |
| Cash at bank and in hand | 54/58 | €80,107 | €99,668 | +€19,561 | +24.4% |
| Deferred charges and accrued income | 490/1 | €103 | €733 | +€630 | +612% |
| Total equity and liabilities | 10/49 | €166,137 | €216,230 | +€50,093 | +30.2% |
| Equity | 10/15 | €98,617 | €100,133 | +€1,516 | +1.5% |
| Contributions | 10/11 | €13,700 | €13,700 | = | 0.0% |
| Reserves | 13 | €4 | €4 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4 | €4 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4 | €4 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,913 | €86,429 | +€1,516 | +1.8% |
| Amounts payable | 17/49 | €67,520 | €116,097 | +€48,576 | +71.9% |
| Amounts payable within one year | 42/48 | €67,520 | €116,097 | +€48,576 | +71.9% |
| Trade debts | 44 | €5,994 | €70,169 | +€64,174 | +1,071% |
| Suppliers | 440/4 | €5,994 | €70,169 | +€64,174 | +1,071% |
| Taxes, remuneration and social security | 45 | €42,389 | €45,928 | +€3,539 | +8.3% |
| Taxes | 450/3 | €42,389 | €43,986 | +€1,597 | +3.8% |
| Remuneration and social security | 454/9 | - | €1,942 | +€1,942 | |
| Other amounts payable | 47/48 | €19,137 | €0 | -€19,137 | -100% |
| Remuneration, social security and pensions | 62 | - | €60,075 | +€60,075 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,893 | €8,544 | +€2,651 | +45.0% |
| Other operating charges | 640/8 | €2,680 | €25,527 | +€22,847 | +852% |
| Non-recurring operating charges | 66A | €4,573 | €0 | -€4,573 | -100% |
| Gross operating margin | 9900 | €104,076 | €105,284 | +€1,209 | +1.2% |
| Operating profit (loss) | 9901 | €90,930 | €11,139 | -€79,790 | -87.7% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | -€283 | €3,204 | +€3,487 | |
| Recurring financial charges | 65 | -€283 | €3,204 | +€3,487 | |
| Profit (loss) for the period before taxes | 9903 | €91,213 | €7,937 | -€83,275 | -91.3% |
| Income taxes | 67/77 | €22,503 | €6,421 | -€16,082 | -71.5% |
| Profit (loss) for the period | 9904 | €68,710 | €1,516 | -€67,194 | -97.8% |
| Profit (loss) for the period to be appropriated | 9905 | €68,710 | €1,516 | -€67,194 | -97.8% |
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 23 October 2026 via checked.be.