INAEQUO: 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.
INAEQUO
Largest movements
- Receivables within one year +€62,301
up €62,301 (+48.0%), from €129,894 to €192,195
of which Other amounts receivable: +€62,256
- Debts after one year +€29,000
new in 2025: €29,000
- Profit (loss) carried forward +€13,417
up €13,417 (+18.1%), from €74,099 to €87,515
- Tax, wage and social debts +€13,269
new in 2025: €13,269
- Accrued charges and deferred income +€5,962
new in 2025: €5,962
- Taxes +€32,278
new in 2025: €32,278
- Gross operating margin +€22,539
up €22,539 (+84.5%), from €26,673 to €49,212
- Other operating charges -€3,580
down €3,580 (-64.3%), from €5,569 to €1,989
- Financial charges +€509
up €509 (+90.3%), from €564 to €1,073
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 | €138,660 | €200,788 | +€62,128 | +44.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €2,081 | €1,625 | -€455 | -21.9% |
| Tangible fixed assets | 22/27 | €2,081 | €1,625 | -€455 | -21.9% |
| Land and buildings | 22 | €1,663 | €1,396 | -€267 | -16.0% |
| Furniture and vehicles | 24 | €418 | €229 | -€189 | -45.1% |
| Current assets | 29/58 | €136,580 | €199,163 | +€62,583 | +45.8% |
| Amounts receivable within one year | 40/41 | €129,894 | €192,195 | +€62,301 | +48.0% |
| Trade receivables | 40 | €11,752 | €11,797 | +€45 | +0.4% |
| Other amounts receivable | 41 | €118,142 | €180,398 | +€62,256 | +52.7% |
| Cash at bank and in hand | 54/58 | €6,686 | €6,968 | +€282 | +4.2% |
| Total equity and liabilities | 10/49 | €138,660 | €200,788 | +€62,128 | +44.8% |
| Equity | 10/15 | €129,684 | €143,100 | +€13,417 | +10.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €35,585 | €35,585 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,779 | €1,779 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,779 | €1,779 | = | 0.0% |
| Distributable reserves | 133 | €33,806 | €33,806 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,099 | €87,515 | +€13,417 | +18.1% |
| Amounts payable | 17/49 | €8,977 | €57,688 | +€48,711 | +542.6% |
| Amounts payable after more than one year | 17 | - | €29,000 | +€29,000 | |
| Financial debts | 170/4 | - | €29,000 | +€29,000 | |
| Amounts payable within one year | 42/48 | €8,977 | €22,726 | +€13,749 | +153.2% |
| Trade debts | 44 | €8,977 | €9,456 | +€479 | +5.3% |
| Suppliers | 440/4 | €8,977 | €9,456 | +€479 | +5.3% |
| Taxes, remuneration and social security | 45 | - | €13,269 | +€13,269 | |
| Taxes | 450/3 | - | €13,269 | +€13,269 | |
| Accrued charges and deferred income | 492/3 | - | €5,962 | +€5,962 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €647 | €455 | -€192 | -29.7% |
| Other operating charges | 640/8 | €5,569 | €1,989 | -€3,580 | -64.3% |
| Gross operating margin | 9900 | €26,673 | €49,212 | +€22,539 | +84.5% |
| Operating profit (loss) | 9901 | €20,457 | €46,769 | +€26,312 | +128.6% |
| Financial charges | 65/66B | €564 | €1,073 | +€509 | +90.3% |
| Recurring financial charges | 65 | €564 | €1,073 | +€509 | +90.3% |
| Profit (loss) for the period before taxes | 9903 | €19,893 | €45,695 | +€25,802 | +129.7% |
| Income taxes | 67/77 | - | €32,278 | +€32,278 | |
| Profit (loss) for the period | 9904 | €19,893 | €13,417 | -€6,476 | -32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €19,893 | €13,417 | -€6,476 | -32.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.