INCI: 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.
INCI
Largest movements
- Cash +€4,376
up €4,376 (+368%), from €1,190 to €5,566
mainly Net result for the year (+€12,904) and Trade debts (+€10,980)
- Debts after one year -€17,288
down €17,288 (-13.8%), from €124,917 to €107,629
of which Financial debts: -€17,288
- Profit (loss) carried forward +€12,904
up €12,904 (+31.0%), from -€41,673 to -€28,769
- Trade debts +€10,980
up €10,980 (+980%), from €1,120 to €12,100
- Gross operating margin +€7,728
up €7,728 (+39.7%), from €19,441 to €27,169
- Other operating charges +€1,423
up €1,423 (+66.0%), from €2,154 to €3,577
- Financial charges +€443
up €443 (+70.6%), from €628 to €1,071
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 | €188,821 | €193,321 | +€4,499 | +2.4% |
| Fixed assets | 21/28 | €187,138 | €187,229 | +€91 | 0.0% |
| Tangible fixed assets | 22/27 | €187,138 | €187,229 | +€91 | 0.0% |
| Land and buildings | 22 | €187,138 | €177,581 | -€9,557 | -5.1% |
| Other tangible fixed assets | 26 | - | €9,648 | +€9,648 | |
| Current assets | 29/58 | €1,684 | €6,092 | +€4,408 | +262% |
| Cash at bank and in hand | 54/58 | €1,190 | €5,566 | +€4,376 | +368% |
| Deferred charges and accrued income | 490/1 | €494 | €525 | +€32 | +6.4% |
| Total equity and liabilities | 10/49 | €188,821 | €193,321 | +€4,499 | +2.4% |
| Equity | 10/15 | -€23,081 | -€10,177 | +€12,904 | +55.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,673 | -€28,769 | +€12,904 | +31.0% |
| Amounts payable | 17/49 | €211,902 | €203,497 | -€8,405 | -4.0% |
| Amounts payable after more than one year | 17 | €124,917 | €107,629 | -€17,288 | -13.8% |
| Financial debts | 170/4 | €122,292 | €105,004 | -€17,288 | -14.1% |
| Other amounts payable | 178/9 | €2,625 | €2,625 | = | 0.0% |
| Amounts payable within one year | 42/48 | €86,986 | €95,869 | +€8,883 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €17,227 | €15,861 | -€1,366 | -7.9% |
| Trade debts | 44 | €1,120 | €12,100 | +€10,980 | +980% |
| Suppliers | 440/4 | €1,120 | €12,100 | +€10,980 | +980% |
| Taxes, remuneration and social security | 45 | €2,661 | €1,680 | -€981 | -36.9% |
| Taxes | 450/3 | €2,661 | €1,680 | -€981 | -36.9% |
| Other amounts payable | 47/48 | €65,978 | €66,228 | +€250 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,523 | €9,589 | +€65 | +0.7% |
| Other operating charges | 640/8 | €2,154 | €3,577 | +€1,423 | +66.0% |
| Gross operating margin | 9900 | €19,441 | €27,169 | +€7,728 | +39.7% |
| Operating profit (loss) | 9901 | €7,763 | €14,003 | +€6,240 | +80.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €628 | €1,071 | +€443 | +70.6% |
| Recurring financial charges | 65 | €628 | €1,071 | +€443 | +70.6% |
| Profit (loss) for the period before taxes | 9903 | €7,136 | €12,932 | +€5,797 | +81.2% |
| Income taxes | 67/77 | - | €28 | +€28 | |
| Profit (loss) for the period | 9904 | €7,136 | €12,904 | +€5,769 | +80.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,136 | €12,904 | +€5,769 | +80.8% |
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 16 October 2026 via checked.be.