INBOUND: 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.
INBOUND
Largest movements
- Receivables within one year +€120,681
up €120,681 (+123%), from €97,809 to €218,491
of which Trade receivables: +€99,936
- Trade debts +€109,342
up €109,342 (+363%), from €30,129 to €139,471
- Reserves +€31,520
up €31,520 (+14.9%), from €211,851 to €243,371
of which Distributable reserves: +€31,520
- Tax, wage and social debts -€17,723
down €17,723 (-54.4%), from €32,603 to €14,880
of which Taxes: -€19,923
- Gross operating margin -€17,301
down €17,301 (-29.8%), from €58,039 to €40,737
- Financial charges -€6,826
down €6,826 (-72.4%), from €9,429 to €2,603
- Taxes -€4,399
down €4,399 (-28.2%), from €15,617 to €11,219
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 | €286,983 | €410,122 | +€123,139 | +42.9% |
| Fixed assets | 21/28 | €60,054 | €59,514 | -€540 | -0.9% |
| Tangible fixed assets | 22/27 | €754 | €214 | -€540 | -71.6% |
| Plant, machinery and equipment | 23 | €576 | €156 | -€420 | -73.0% |
| Furniture and vehicles | 24 | €178 | €58 | -€120 | -67.2% |
| Financial fixed assets | 28 | €59,300 | €59,300 | = | 0.0% |
| Current assets | 29/58 | €226,929 | €350,608 | +€123,679 | +54.5% |
| Amounts receivable after more than one year | 29 | €40,000 | €41,596 | +€1,596 | +4.0% |
| Other amounts receivable | 291 | €40,000 | €41,596 | +€1,596 | +4.0% |
| Amounts receivable within one year | 40/41 | €97,809 | €218,491 | +€120,681 | +123% |
| Trade receivables | 40 | - | €99,936 | +€99,936 | |
| Other amounts receivable | 41 | €97,809 | €118,554 | +€20,745 | +21.2% |
| Cash at bank and in hand | 54/58 | €88,994 | €90,522 | +€1,527 | +1.7% |
| Deferred charges and accrued income | 490/1 | €125 | - | -€125 | |
| Total equity and liabilities | 10/49 | €286,983 | €410,122 | +€123,139 | +42.9% |
| Equity | 10/15 | €224,251 | €255,771 | +€31,520 | +14.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €211,851 | €243,371 | +€31,520 | +14.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €209,991 | €241,511 | +€31,520 | +15.0% |
| Amounts payable | 17/49 | €62,732 | €154,351 | +€91,619 | +146% |
| Amounts payable within one year | 42/48 | €62,732 | €154,351 | +€91,619 | +146% |
| Trade debts | 44 | €30,129 | €139,471 | +€109,342 | +363% |
| Suppliers | 440/4 | €30,129 | €139,471 | +€109,342 | +363% |
| Taxes, remuneration and social security | 45 | €32,603 | €14,880 | -€17,723 | -54.4% |
| Taxes | 450/3 | €32,603 | €12,680 | -€19,923 | -61.1% |
| Remuneration and social security | 454/9 | - | €2,200 | +€2,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €869 | €540 | -€329 | -37.9% |
| Other operating charges | 640/8 | €305 | - | -€305 | |
| Gross operating margin | 9900 | €58,039 | €40,737 | -€17,301 | -29.8% |
| Operating profit (loss) | 9901 | €56,864 | €40,197 | -€16,667 | -29.3% |
| Financial income | 75/76B | €5,692 | €5,145 | -€547 | -9.6% |
| Recurring financial income | 75 | €5,692 | €5,145 | -€547 | -9.6% |
| Financial charges | 65/66B | €9,429 | €2,603 | -€6,826 | -72.4% |
| Recurring financial charges | 65 | €9,429 | €2,603 | -€6,826 | -72.4% |
| Profit (loss) for the period before taxes | 9903 | €53,128 | €42,739 | -€10,389 | -19.6% |
| Income taxes | 67/77 | €15,617 | €11,219 | -€4,399 | -28.2% |
| Profit (loss) for the period | 9904 | €37,510 | €31,520 | -€5,990 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,510 | €31,520 | -€5,990 | -16.0% |
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 25 October 2026 via checked.be.