INCEPTUM: 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.
INCEPTUM
Largest movements
- Cash +€2,913
up €2,913 (+918%), from €317 to €3,230
mainly Net result for the year (+€4,240) and Depreciation (+€704)
- Tangible fixed assets -€704
down €704 (-42.3%), from €1,665 to €960
- Receivables within one year +€640
up €640 (+74.4%), from €860 to €1,500
of which Other amounts receivable: +€1,500
- Deferred charges and accrued income +€162
new in 2025: €162
- Profit (loss) carried forward +€4,240
up €4,240 (+24.8%), from -€17,084 to -€12,844
- Other debts -€1,869
down €1,869 (-20.5%), from €9,139 to €7,270
- Trade debts +€568
up €568 (+80.3%), from €707 to €1,274
- Accrued charges and deferred income +€486
new in 2025: €486
- Tax, wage and social debts -€414
down €414 (-58.9%), from €703 to €289
- Gross operating margin +€21,207
up €21,207, from -€15,568 to €5,639
- Purchases and services -€13,630
down €13,630 (-55.3%), from €24,655 to €11,026
- Turnover +€7,717
up €7,717 (+100%), from €7,716 to €15,433
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 | €2,842 | €5,852 | +€3,011 | +106% |
| Fixed assets | 21/28 | €1,665 | €960 | -€704 | -42.3% |
| Tangible fixed assets | 22/27 | €1,665 | €960 | -€704 | -42.3% |
| Plant, machinery and equipment | 23 | €1,665 | €960 | -€704 | -42.3% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €1,177 | €4,892 | +€3,715 | +316% |
| Amounts receivable within one year | 40/41 | €860 | €1,500 | +€640 | +74.4% |
| Trade receivables | 40 | €860 | - | -€860 | |
| Other amounts receivable | 41 | - | €1,500 | +€1,500 | |
| Cash at bank and in hand | 54/58 | €317 | €3,230 | +€2,913 | +918% |
| Deferred charges and accrued income | 490/1 | - | €162 | +€162 | |
| Total equity and liabilities | 10/49 | €2,842 | €5,852 | +€3,011 | +106% |
| Equity | 10/15 | -€7,707 | -€3,466 | +€4,240 | +55.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €3,177 | €3,177 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,317 | €1,317 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,084 | -€12,844 | +€4,240 | +24.8% |
| Amounts payable | 17/49 | €10,549 | €9,319 | -€1,230 | -11.7% |
| Amounts payable within one year | 42/48 | €10,549 | €8,833 | -€1,716 | -16.3% |
| Trade debts | 44 | €707 | €1,274 | +€568 | +80.3% |
| Suppliers | 440/4 | €707 | €1,274 | +€568 | +80.3% |
| Taxes, remuneration and social security | 45 | €703 | €289 | -€414 | -58.9% |
| Taxes | 450/3 | €703 | €289 | -€414 | -58.9% |
| Other amounts payable | 47/48 | €9,139 | €7,270 | -€1,869 | -20.5% |
| Accrued charges and deferred income | 492/3 | - | €486 | +€486 | |
| Turnover | 70 | €7,716 | €15,433 | +€7,717 | +100% |
| Goods, raw materials, services and sundry goods | 60/61 | €24,655 | €11,026 | -€13,630 | -55.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €706 | €704 | -€1 | -0.2% |
| Other operating charges | 640/8 | €666 | €528 | -€139 | -20.8% |
| Gross operating margin | 9900 | -€15,568 | €5,639 | +€21,207 | |
| Operating profit (loss) | 9901 | -€16,940 | €4,407 | +€21,347 | |
| Financial income | 75/76B | €1 | €5 | +€4 | +502% |
| Recurring financial income | 75 | €1 | €5 | +€4 | +502% |
| Financial charges | 65/66B | €145 | €172 | +€27 | +18.4% |
| Recurring financial charges | 65 | €145 | €172 | +€27 | +18.4% |
| Profit (loss) for the period before taxes | 9903 | -€17,084 | €4,240 | +€21,324 | |
| Income taxes | 67/77 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | -€17,084 | €4,240 | +€21,324 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,084 | €4,240 | +€21,324 |
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 21 October 2026 via checked.be.