INBEELD: 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.
INBEELD
Largest movements
- Receivables within one year -€19,728
down €19,728 (-62.7%), from €31,463 to €11,735
of which Trade receivables: -€22,011
- Tangible fixed assets -€6,083
down €6,083 (-30.3%), from €20,063 to €13,980
of which Furniture and vehicles: -€3,558
- Cash +€5,276
up €5,276 (+2.8%), from €190,633 to €195,909
mainly Receivables within one year (+€19,728) and Depreciation (+€6,083)
- Other debts -€14,325
down €14,325 (-95.0%), from €15,078 to €753
- Reserves -€3,975
down €3,975 (-7.6%), from €52,603 to €48,629
of which Distributable reserves: -€3,975
- Gross operating margin -€9,748
down €9,748 (-87.4%), from €11,159 to €1,411
- Financial income -€3,969
down €3,969 (-75.1%), from €5,284 to €1,315
- Other operating charges -€2,921
down €2,921 (-79.1%), from €3,691 to €770
- Depreciation -€1,129
down €1,129 (-15.7%), from €7,212 to €6,083
- Taxes -€656
down €656, from €503 to -€153
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 | €295,307 | €273,759 | -€21,548 | -7.3% |
| Fixed assets | 21/28 | €20,123 | €14,040 | -€6,083 | -30.2% |
| Tangible fixed assets | 22/27 | €20,063 | €13,980 | -€6,083 | -30.3% |
| Plant, machinery and equipment | 23 | €7,182 | €4,657 | -€2,526 | -35.2% |
| Furniture and vehicles | 24 | €12,880 | €9,323 | -€3,558 | -27.6% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €275,184 | €259,720 | -€15,464 | -5.6% |
| Amounts receivable within one year | 40/41 | €31,463 | €11,735 | -€19,728 | -62.7% |
| Trade receivables | 40 | €27,381 | €5,370 | -€22,011 | -80.4% |
| Other amounts receivable | 41 | €4,082 | €6,364 | +€2,282 | +55.9% |
| Current investments | 50/53 | €50,993 | €50,993 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €190,633 | €195,909 | +€5,276 | +2.8% |
| Deferred charges and accrued income | 490/1 | €2,094 | €1,082 | -€1,012 | -48.3% |
| Total equity and liabilities | 10/49 | €295,307 | €273,759 | -€21,548 | -7.3% |
| Equity | 10/15 | €271,203 | €267,229 | -€3,975 | -1.5% |
| Contributions | 10/11 | €218,600 | €218,600 | = | 0.0% |
| Reserves | 13 | €52,603 | €48,629 | -€3,975 | -7.6% |
| Non-distributable reserves | 130/1 | €21,860 | €21,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €21,860 | €21,860 | = | 0.0% |
| Distributable reserves | 133 | €30,743 | €26,769 | -€3,975 | -12.9% |
| Amounts payable | 17/49 | €24,104 | €6,531 | -€17,573 | -72.9% |
| Amounts payable within one year | 42/48 | €24,104 | €6,531 | -€17,573 | -72.9% |
| Trade debts | 44 | €672 | €210 | -€462 | -68.8% |
| Suppliers | 440/4 | €672 | €210 | -€462 | -68.8% |
| Taxes, remuneration and social security | 45 | €8,353 | €5,567 | -€2,786 | -33.3% |
| Taxes | 450/3 | €8,353 | €4,567 | -€3,786 | -45.3% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €15,078 | €753 | -€14,325 | -95.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,212 | €6,083 | -€1,129 | -15.7% |
| Other operating charges | 640/8 | €3,691 | €770 | -€2,921 | -79.1% |
| Gross operating margin | 9900 | €11,159 | €1,411 | -€9,748 | -87.4% |
| Operating profit (loss) | 9901 | €256 | -€5,442 | -€5,698 | |
| Financial income | 75/76B | €5,284 | €1,315 | -€3,969 | -75.1% |
| Recurring financial income | 75 | €5,284 | €1,315 | -€3,969 | -75.1% |
| Financial charges | 65/66B | €5 | - | -€5 | |
| Recurring financial charges | 65 | €5 | - | -€5 | |
| Profit (loss) for the period before taxes | 9903 | €5,535 | -€4,127 | -€9,662 | |
| Income taxes | 67/77 | €503 | -€153 | -€656 | |
| Profit (loss) for the period | 9904 | €5,032 | -€3,975 | -€9,007 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,032 | -€3,975 | -€9,007 |
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 19 October 2026 via checked.be.