Inarn: 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.
Inarn
Largest movements
- Cash +€72,162
up €72,162 (+152%), from €47,549 to €119,711
mainly Other debts (+€69,250) and Receivables within one year (+€68,639)
- Receivables within one year -€68,639
down €68,639 (-100%), from €68,639 to €0
- Tangible fixed assets -€7,495
down €7,495 (-21.4%), from €35,060 to €27,565
of which Furniture and vehicles: -€7,495
- Current investments +€3,448
up €3,448 (+9.9%), from €35,000 to €38,448
- Other debts +€69,250
up €69,250 (+326%), from €21,250 to €90,500
- Profit (loss) carried forward -€63,501
down €63,501 (-58.9%), from €107,871 to €44,370
- Tax, wage and social debts -€11,809
down €11,809 (-41.6%), from €28,377 to €16,569
of which Taxes: -€5,910
- Current portion of long-term debt +€3,750
new in 2025: €3,750
- Depreciation +€4,538
up €4,538 (+153%), from €2,957 to €7,495
- Gross operating margin +€3,626
up €3,626 (+6.1%), from €59,437 to €63,063
- Financial income -€1,179
down €1,179 (-38.7%), from €3,044 to €1,865
- Other operating charges -€717
down €717 (-72.7%), from €985 to €269
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 | €186,684 | €186,190 | -€495 | -0.3% |
| Fixed assets | 21/28 | €35,060 | €27,565 | -€7,495 | -21.4% |
| Tangible fixed assets | 22/27 | €35,060 | €27,565 | -€7,495 | -21.4% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €35,060 | €27,565 | -€7,495 | -21.4% |
| Current assets | 29/58 | €151,624 | €158,625 | +€7,001 | +4.6% |
| Amounts receivable within one year | 40/41 | €68,639 | €0 | -€68,639 | -100% |
| Trade receivables | 40 | €68,639 | €0 | -€68,639 | -100% |
| Current investments | 50/53 | €35,000 | €38,448 | +€3,448 | +9.9% |
| Cash at bank and in hand | 54/58 | €47,549 | €119,711 | +€72,162 | +152% |
| Deferred charges and accrued income | 490/1 | €437 | €466 | +€29 | +6.6% |
| Total equity and liabilities | 10/49 | €186,684 | €186,190 | -€495 | -0.3% |
| Equity | 10/15 | €128,276 | €64,775 | -€63,501 | -49.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,871 | €44,370 | -€63,501 | -58.9% |
| Amounts payable | 17/49 | €58,408 | €121,415 | +€63,007 | +108% |
| Amounts payable within one year | 42/48 | €58,408 | €121,415 | +€63,007 | +108% |
| Current portion of amounts payable after more than one year | 42 | - | €3,750 | +€3,750 | |
| Trade debts | 44 | €8,781 | €10,596 | +€1,815 | +20.7% |
| Suppliers | 440/4 | €8,781 | €10,596 | +€1,815 | +20.7% |
| Taxes, remuneration and social security | 45 | €28,377 | €16,569 | -€11,809 | -41.6% |
| Taxes | 450/3 | €20,805 | €14,896 | -€5,910 | -28.4% |
| Remuneration and social security | 454/9 | €7,572 | €1,673 | -€5,899 | -77.9% |
| Other amounts payable | 47/48 | €21,250 | €90,500 | +€69,250 | +326% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,957 | €7,495 | +€4,538 | +153% |
| Other operating charges | 640/8 | €985 | €269 | -€717 | -72.7% |
| Gross operating margin | 9900 | €59,437 | €63,063 | +€3,626 | +6.1% |
| Operating profit (loss) | 9901 | €55,495 | €55,299 | -€195 | -0.4% |
| Financial income | 75/76B | €3,044 | €1,865 | -€1,179 | -38.7% |
| Recurring financial income | 75 | €3,044 | €1,865 | -€1,179 | -38.7% |
| Financial charges | 65/66B | €870 | €1,002 | +€132 | +15.1% |
| Recurring financial charges | 65 | €870 | €1,002 | +€132 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | €57,668 | €56,163 | -€1,505 | -2.6% |
| Income taxes | 67/77 | €14,239 | €14,664 | +€425 | +3.0% |
| Profit (loss) for the period | 9904 | €43,429 | €41,499 | -€1,930 | -4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €43,429 | €41,499 | -€1,930 | -4.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.