INCLUSIVE GAMES: 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.
INCLUSIVE GAMES
Largest movements
- Stocks and contracts +€6,316
up €6,316 (+106.3%), from €5,943 to €12,259
- Tangible fixed assets -€4,463
down €4,463 (-64.6%), from €6,912 to €2,450
- Cash +€887
up €887 (+103.0%), from €861 to €1,748
mainly Other debts (+€6,168) and Depreciation (+€4,770)
- Deferred charges and accrued income -€384
down €384 (-39.3%), from €975 to €591
- Intangible fixed assets -€307
no longer reported in 2025 (was €307)
- Other debts +€6,168
up €6,168 (+365.2%), from €1,689 to €7,857
- Profit (loss) carried forward -€3,845
down €3,845 (-11.2%), from -€34,350 to -€38,195
- Tax, wage and social debts +€2,824
up €2,824 (+22.3%), from €12,659 to €15,484
of which Remuneration and social security: +€2,186
- Debts after one year -€2,229
down €2,229 (-26.3%), from €8,490 to €6,261
- Current portion of long-term debt -€1,493
down €1,493 (-40.1%), from €3,721 to €2,229
- Gross operating margin +€5,670
up €5,670, from -€4,862 to €807
- Depreciation -€1,091
down €1,091 (-18.6%), from €5,861 to €4,770
- Financial income +€866
up €866 (+28868.0%), from €3 to €869
- Other operating charges -€145
down €145 (-44.0%), from €330 to €184
- Financial charges -€126
down €126 (-22.5%), from €561 to €435
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.
Cash bridge derived
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 | €19,180 | €21,410 | +€2,229 | +11.6% |
| Fixed assets | 21/28 | €7,219 | €2,450 | -€4,770 | -66.1% |
| Intangible fixed assets | 21 | €307 | - | -€307 | |
| Tangible fixed assets | 22/27 | €6,912 | €2,450 | -€4,463 | -64.6% |
| Furniture and vehicles | 24 | €6,912 | €2,450 | -€4,463 | -64.6% |
| Current assets | 29/58 | €11,961 | €18,960 | +€6,999 | +58.5% |
| Stocks and contracts in progress | 3 | €5,943 | €12,259 | +€6,316 | +106.3% |
| Stocks | 30/36 | €5,943 | €12,259 | +€6,316 | +106.3% |
| Amounts receivable within one year | 40/41 | €4,182 | €4,361 | +€179 | +4.3% |
| Trade receivables | 40 | €4,182 | €4,288 | +€106 | +2.5% |
| Other amounts receivable | 41 | - | €73 | +€73 | |
| Cash at bank and in hand | 54/58 | €861 | €1,748 | +€887 | +103.0% |
| Deferred charges and accrued income | 490/1 | €975 | €591 | -€384 | -39.3% |
| Total equity and liabilities | 10/49 | €19,180 | €21,410 | +€2,229 | +11.6% |
| Equity | 10/15 | -€20,090 | -€23,935 | -€3,845 | -19.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,350 | -€38,195 | -€3,845 | -11.2% |
| Amounts payable | 17/49 | €39,270 | €45,344 | +€6,074 | +15.5% |
| Amounts payable after more than one year | 17 | €8,490 | €6,261 | -€2,229 | -26.3% |
| Financial debts | 170/4 | €8,490 | €6,261 | -€2,229 | -26.3% |
| Amounts payable within one year | 42/48 | €30,780 | €39,083 | +€8,303 | +27.0% |
| Current portion of amounts payable after more than one year | 42 | €3,721 | €2,229 | -€1,493 | -40.1% |
| Trade debts | 44 | €12,710 | €13,513 | +€803 | +6.3% |
| Suppliers | 440/4 | €12,710 | €13,513 | +€803 | +6.3% |
| Taxes, remuneration and social security | 45 | €12,659 | €15,484 | +€2,824 | +22.3% |
| Taxes | 450/3 | €1,616 | €2,254 | +€638 | +39.5% |
| Remuneration and social security | 454/9 | €11,043 | €13,229 | +€2,186 | +19.8% |
| Other amounts payable | 47/48 | €1,689 | €7,857 | +€6,168 | +365.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,861 | €4,770 | -€1,091 | -18.6% |
| Other operating charges | 640/8 | €330 | €184 | -€145 | -44.0% |
| Gross operating margin | 9900 | -€4,862 | €807 | +€5,670 | |
| Operating profit (loss) | 9901 | -€11,053 | -€4,147 | +€6,906 | +62.5% |
| Financial income | 75/76B | €3 | €869 | +€866 | +28868.0% |
| Recurring financial income | 75 | €3 | €869 | +€866 | +28868.0% |
| Financial charges | 65/66B | €561 | €435 | -€126 | -22.5% |
| Recurring financial charges | 65 | €561 | €435 | -€126 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | -€11,611 | -€3,713 | +€7,898 | +68.0% |
| Income taxes | 67/77 | €140 | €132 | -€8 | -5.5% |
| Profit (loss) for the period | 9904 | -€11,751 | -€3,845 | +€7,906 | +67.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,751 | -€3,845 | +€7,906 | +67.3% |
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 11 October 2026 via checked.be.