Incardona & Co: 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.
Incardona & Co
Largest movements
- Receivables within one year -€2,550
down €2,550 (-96.8%), from €2,633 to €83
- Cash -€981
down €981 (-3.4%), from €28,863 to €27,882
mainly Trade debts (-€13,980) and Deferred charges and accrued income (-€97)
- Trade debts -€13,980
no longer reported in 2025 (was €13,980)
- Profit (loss) carried forward +€10,545
up €10,545 (+21.5%), from -€49,082 to -€38,537
- Financial charges -€16,458
down €16,458 (-99.6%), from €16,518 to €61
- Gross operating margin -€3,425
down €3,425 (-22.5%), from €15,243 to €11,818
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 | €31,496 | €28,062 | -€3,434 | -10.9% |
| Current assets | 29/58 | €31,496 | €28,062 | -€3,434 | -10.9% |
| Amounts receivable within one year | 40/41 | €2,633 | €83 | -€2,550 | -96.8% |
| Other amounts receivable | 41 | €2,633 | €83 | -€2,550 | -96.8% |
| Cash at bank and in hand | 54/58 | €28,863 | €27,882 | -€981 | -3.4% |
| Deferred charges and accrued income | 490/1 | - | €97 | +€97 | |
| Total equity and liabilities | 10/49 | €31,496 | €28,062 | -€3,434 | -10.9% |
| Equity | 10/15 | €918 | €11,463 | +€10,545 | +1,149% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,082 | -€38,537 | +€10,545 | +21.5% |
| Amounts payable | 17/49 | €30,579 | €16,599 | -€13,980 | -45.7% |
| Amounts payable within one year | 42/48 | €30,579 | €16,599 | -€13,980 | -45.7% |
| Trade debts | 44 | €13,980 | - | -€13,980 | |
| Suppliers | 440/4 | €13,980 | - | -€13,980 | |
| Other amounts payable | 47/48 | €16,599 | €16,599 | = | 0.0% |
| Other operating charges | 640/8 | €1,177 | €1,212 | +€35 | +3.0% |
| Gross operating margin | 9900 | €15,243 | €11,818 | -€3,425 | -22.5% |
| Operating profit (loss) | 9901 | €14,066 | €10,606 | -€3,460 | -24.6% |
| Financial income | 75/76B | €32 | - | -€32 | |
| Recurring financial income | 75 | €32 | - | -€32 | |
| Financial charges | 65/66B | €16,518 | €61 | -€16,458 | -99.6% |
| Recurring financial charges | 65 | €16,518 | €61 | -€16,458 | -99.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,421 | €10,545 | +€12,966 | |
| Profit (loss) for the period | 9904 | -€2,421 | €10,545 | +€12,966 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,421 | €10,545 | +€12,966 |
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 30 October 2026 via checked.be.