« Ince Management: 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.
« Ince Management
Largest movements
- Tangible fixed assets -€5,121
down €5,121 (-5.5%), from €93,648 to €88,527
of which Land and buildings: -€5,121
- Deferred charges and accrued income -€3,000
down €3,000 (-99.4%), from €3,017 to €17
- Cash -€1,572
down €1,572 (-26.2%), from €6,006 to €4,434
mainly Other debts (-€18,000) and Trade debts (-€175)
- Other debts -€18,000
down €18,000 (-13.4%), from €134,640 to €116,640
- Profit (loss) carried forward +€4,018
up €4,018 (+10.2%), from -€39,432 to -€35,415
- Accrued charges and deferred income +€3,000
new in 2025: €3,000
- Tax, wage and social debts +€1,465
up €1,465 (+139%), from €1,057 to €2,523
of which Remuneration and social security: +€1,465
- Purchases and services -€17,750
down €17,750 (-43.9%), from €40,456 to €22,706
- Gross operating margin +€11,184
up €11,184 (+435%), from €2,571 to €13,754
- Turnover -€3,000
down €3,000 (-7.7%), from €39,000 to €36,000
- Depreciation -€1,376
down €1,376 (-21.2%), from €6,497 to €5,121
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 | €102,671 | €92,978 | -€9,692 | -9.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €93,648 | €88,527 | -€5,121 | -5.5% |
| Tangible fixed assets | 22/27 | €93,648 | €88,527 | -€5,121 | -5.5% |
| Land and buildings | 22 | €93,648 | €88,527 | -€5,121 | -5.5% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €9,023 | €4,451 | -€4,572 | -50.7% |
| Cash at bank and in hand | 54/58 | €6,006 | €4,434 | -€1,572 | -26.2% |
| Deferred charges and accrued income | 490/1 | €3,017 | €17 | -€3,000 | -99.4% |
| Total equity and liabilities | 10/49 | €102,671 | €92,978 | -€9,692 | -9.4% |
| Equity | 10/15 | -€33,232 | -€29,215 | +€4,018 | +12.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,432 | -€35,415 | +€4,018 | +10.2% |
| Amounts payable | 17/49 | €135,903 | €122,193 | -€13,710 | -10.1% |
| Amounts payable within one year | 42/48 | €135,903 | €119,193 | -€16,710 | -12.3% |
| Trade debts | 44 | €205 | €30 | -€175 | -85.5% |
| Suppliers | 440/4 | €205 | €30 | -€175 | -85.5% |
| Taxes, remuneration and social security | 45 | €1,057 | €2,523 | +€1,465 | +139% |
| Taxes | 450/3 | €0 | €0 | = | |
| Remuneration and social security | 454/9 | €1,057 | €2,523 | +€1,465 | +139% |
| Other amounts payable | 47/48 | €134,640 | €116,640 | -€18,000 | -13.4% |
| Accrued charges and deferred income | 492/3 | - | €3,000 | +€3,000 | |
| Turnover | 70 | €39,000 | €36,000 | -€3,000 | -7.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €40,456 | €22,706 | -€17,750 | -43.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,497 | €5,121 | -€1,376 | -21.2% |
| Other operating charges | 640/8 | €4,563 | €4,402 | -€161 | -3.5% |
| Gross operating margin | 9900 | €2,571 | €13,754 | +€11,184 | +435% |
| Operating profit (loss) | 9901 | -€8,490 | €4,232 | +€12,722 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -33.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -33.3% |
| Financial charges | 65/66B | €237 | €215 | -€23 | -9.6% |
| Recurring financial charges | 65 | €237 | €215 | -€23 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,727 | €4,018 | +€12,744 | |
| Profit (loss) for the period | 9904 | -€8,727 | €4,018 | +€12,744 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,727 | €4,018 | +€12,744 |
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 15 October 2026 via checked.be.