INBUILD: 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.
INBUILD
Largest movements
- Receivables within one year -€192,922
down €192,922 (-51.5%), from €374,815 to €181,893
of which Trade receivables: -€256,924
- Cash +€139,383
up €139,383 (+370%), from €37,656 to €177,039
mainly Receivables within one year (+€192,922) and Net result for the year (+€88,801)
- Tangible fixed assets +€4,284
new in 2024: €4,284
- Trade debts -€173,792
down €173,792 (-66.6%), from €260,782 to €86,990
- Profit (loss) carried forward +€88,801
up €88,801 (+78.4%), from €113,199 to €202,000
- Tax, wage and social debts +€35,735
up €35,735 (+104%), from €34,491 to €70,225
- Gross operating margin +€32,430
up €32,430 (+28.4%), from €114,262 to €146,692
- Taxes +€15,232
up €15,232 (+59.1%), from €25,760 to €40,992
- Other operating charges +€13,854
up €13,854 (+672%), from €2,063 to €15,917
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €412,471 | €363,216 | -€49,256 | -11.9% |
| Fixed assets | 21/28 | - | €4,284 | +€4,284 | |
| Tangible fixed assets | 22/27 | - | €4,284 | +€4,284 | |
| Furniture and vehicles | 24 | - | €4,284 | +€4,284 | |
| Current assets | 29/58 | €412,471 | €358,932 | -€53,539 | -13.0% |
| Amounts receivable within one year | 40/41 | €374,815 | €181,893 | -€192,922 | -51.5% |
| Trade receivables | 40 | €295,040 | €38,116 | -€256,924 | -87.1% |
| Other amounts receivable | 41 | €79,776 | €143,777 | +€64,001 | +80.2% |
| Cash at bank and in hand | 54/58 | €37,656 | €177,039 | +€139,383 | +370% |
| Total equity and liabilities | 10/49 | €412,471 | €363,216 | -€49,256 | -11.9% |
| Equity | 10/15 | €117,199 | €206,000 | +€88,801 | +75.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €113,199 | €202,000 | +€88,801 | +78.4% |
| Amounts payable | 17/49 | €295,273 | €157,216 | -€138,057 | -46.8% |
| Amounts payable within one year | 42/48 | €295,273 | €157,216 | -€138,057 | -46.8% |
| Trade debts | 44 | €260,782 | €86,990 | -€173,792 | -66.6% |
| Suppliers | 440/4 | €260,782 | €86,990 | -€173,792 | -66.6% |
| Taxes, remuneration and social security | 45 | €34,491 | €70,225 | +€35,735 | +104% |
| Taxes | 450/3 | €34,491 | €70,225 | +€35,735 | +104% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €678 | +€678 | |
| Other operating charges | 640/8 | €2,063 | €15,917 | +€13,854 | +672% |
| Gross operating margin | 9900 | €114,262 | €146,692 | +€32,430 | +28.4% |
| Operating profit (loss) | 9901 | €112,199 | €130,098 | +€17,898 | +16.0% |
| Financial charges | 65/66B | €1,279 | €304 | -€975 | -76.2% |
| Recurring financial charges | 65 | €1,279 | €304 | -€975 | -76.2% |
| Profit (loss) for the period before taxes | 9903 | €110,920 | €129,793 | +€18,873 | +17.0% |
| Income taxes | 67/77 | €25,760 | €40,992 | +€15,232 | +59.1% |
| Profit (loss) for the period | 9904 | €85,161 | €88,801 | +€3,641 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €85,161 | €88,801 | +€3,641 | +4.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.