INATIS CORPORATE: 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.
INATIS CORPORATE
Largest movements
- Receivables within one year -€804,508
down €804,508 (-26.0%), from €3.1m to €2.3m
of which Other amounts receivable: -€676,969
- Cash +€156,077
up €156,077 (+198%), from €78,681 to €234,758
mainly Receivables within one year (+€804,508) and Tax, wage and social debts (+€400,494)
- Trade debts -€1.1m
down €1.1m (-47.3%), from €2.2m to €1.2m
- Tax, wage and social debts +€400,494
up €400,494 (+191%), from €209,601 to €610,095
of which Taxes: +€399,720
- Debts after one year -€118,326
down €118,326 (-49.0%), from €241,657 to €123,331
- Other debts +€75,152
up €75,152 (+60.2%), from €124,848 to €200,000
- Financial charges -€47,604
down €47,604 (-51.8%), from €91,963 to €44,359
of which Non-recurring financial charges: -€70,000
- Provisions -€40,000
down €40,000 (-100%), from €40,000 to €0
- Gross operating margin -€39,597
down €39,597 (-22.9%), from €172,692 to €133,094
- Other operating charges +€22,804
up €22,804 (+2,565%), from €889 to €23,693
- Taxes -€2,432
down €2,432 (-12.0%), from €20,338 to €17,905
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 | €5,809,992 | €5,145,890 | -€664,103 | -11.4% |
| Fixed assets | 21/28 | €2,629,791 | €2,614,149 | -€15,643 | -0.6% |
| Tangible fixed assets | 22/27 | €111,058 | €95,416 | -€15,643 | -14.1% |
| Land and buildings | 22 | €101,014 | €90,779 | -€10,236 | -10.1% |
| Furniture and vehicles | 24 | €10,044 | €4,637 | -€5,407 | -53.8% |
| Financial fixed assets | 28 | €2,518,733 | €2,518,733 | = | 0.0% |
| Current assets | 29/58 | €3,180,201 | €2,531,741 | -€648,460 | -20.4% |
| Amounts receivable within one year | 40/41 | €3,100,025 | €2,295,517 | -€804,508 | -26.0% |
| Trade receivables | 40 | €644,870 | €517,331 | -€127,539 | -19.8% |
| Other amounts receivable | 41 | €2,455,155 | €1,778,186 | -€676,969 | -27.6% |
| Cash at bank and in hand | 54/58 | €78,681 | €234,758 | +€156,077 | +198% |
| Deferred charges and accrued income | 490/1 | €1,495 | €1,466 | -€29 | -1.9% |
| Total equity and liabilities | 10/49 | €5,809,992 | €5,145,890 | -€664,103 | -11.4% |
| Equity | 10/15 | €2,625,505 | €2,636,573 | +€11,069 | +0.4% |
| Contributions | 10/11 | €1,790,400 | €1,790,400 | = | 0.0% |
| Reserves | 13 | €835,105 | €846,173 | +€11,069 | +1.3% |
| Tax-exempt reserves | 132 | €32,549 | €32,549 | = | 0.0% |
| Distributable reserves | 133 | €802,556 | €813,625 | +€11,069 | +1.4% |
| Provisions and deferred taxes | 16 | €40,000 | €40,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €40,000 | €40,000 | = | 0.0% |
| Environmental obligations | 163 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable | 17/49 | €3,144,488 | €2,469,316 | -€675,171 | -21.5% |
| Amounts payable after more than one year | 17 | €241,657 | €123,331 | -€118,326 | -49.0% |
| Financial debts | 170/4 | €241,657 | €123,331 | -€118,326 | -49.0% |
| Amounts payable within one year | 42/48 | €2,902,830 | €2,344,485 | -€558,346 | -19.2% |
| Current portion of amounts payable after more than one year | 42 | €121,038 | €124,576 | +€3,538 | +2.9% |
| Financial debts | 43 | €205,000 | €228,175 | +€23,175 | +11.3% |
| Credit institutions | 430/8 | €205,000 | €228,175 | +€23,175 | +11.3% |
| Trade debts | 44 | €2,242,343 | €1,181,640 | -€1.1m | -47.3% |
| Suppliers | 440/4 | €2,242,343 | €1,181,640 | -€1.1m | -47.3% |
| Taxes, remuneration and social security | 45 | €209,601 | €610,095 | +€400,494 | +191% |
| Taxes | 450/3 | €206,371 | €606,091 | +€399,720 | +194% |
| Remuneration and social security | 454/9 | €3,231 | €4,004 | +€773 | +23.9% |
| Other amounts payable | 47/48 | €124,848 | €200,000 | +€75,152 | +60.2% |
| Accrued charges and deferred income | 492/3 | €0 | €1,500 | +€1,500 | |
| Remuneration, social security and pensions | 62 | €19,431 | €20,426 | +€995 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,643 | €15,643 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €40,000 | €0 | -€40,000 | -100% |
| Other operating charges | 640/8 | €889 | €23,693 | +€22,804 | +2,565% |
| Gross operating margin | 9900 | €172,692 | €133,094 | -€39,597 | -22.9% |
| Operating profit (loss) | 9901 | €96,729 | €73,333 | -€23,396 | -24.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €91,963 | €44,359 | -€47,604 | -51.8% |
| Recurring financial charges | 65 | €21,963 | €44,359 | +€22,396 | +102% |
| Non-recurring financial charges | 66B | €70,000 | €0 | -€70,000 | -100% |
| Profit (loss) for the period before taxes | 9903 | €4,766 | €28,974 | +€24,208 | +508% |
| Income taxes | 67/77 | €20,338 | €17,905 | -€2,432 | -12.0% |
| Profit (loss) for the period | 9904 | -€15,572 | €11,069 | +€26,640 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,572 | €11,069 | +€26,640 |
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 16 October 2026 via checked.be.