Inconate: what changed
Two fiscal 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.
Inconate
Largest movements
- Cash +€51,719
up €51,719 (+45.8%), from €112,933 to €164,651
mainly Net result for the year (+€50,118) and Tax, wage and social debts (+€25,518)
- Current investments -€23,914
down €23,914 (-23.4%), from €102,083 to €78,169
- Tangible fixed assets +€16,255
up €16,255 (+50.8%), from €31,999 to €48,254
- Tax, wage and social debts +€25,518
up €25,518 (+1005.3%), from €2,538 to €28,057
- Reserves +€12,494
up €12,494 (+30.1%), from €41,527 to €54,021
of which Distributable reserves: +€12,494
- Other debts +€8,045
up €8,045 (+4.0%), from €200,587 to €208,631
- Taxes +€5,831
up €5,831 (+39.4%), from €14,816 to €20,647
- Financial income +€3,052
up €3,052 (+2662.3%), from €115 to €3,166
- Gross operating margin -€1,766
down €1,766 (-2.2%), from €80,325 to €78,559
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 | €265,415 | €310,958 | +€45,543 | +17.2% |
| Fixed assets | 21/28 | €31,999 | €48,254 | +€16,255 | +50.8% |
| Tangible fixed assets | 22/27 | €31,999 | €48,254 | +€16,255 | +50.8% |
| Furniture and vehicles | 24 | €31,999 | €48,254 | +€16,255 | +50.8% |
| Current assets | 29/58 | €233,416 | €262,703 | +€29,288 | +12.5% |
| Amounts receivable within one year | 40/41 | €16,148 | €18,424 | +€2,276 | +14.1% |
| Trade receivables | 40 | €14,964 | €18,424 | +€3,460 | +23.1% |
| Other amounts receivable | 41 | €1,184 | - | -€1,184 | |
| Current investments | 50/53 | €102,083 | €78,169 | -€23,914 | -23.4% |
| Cash at bank and in hand | 54/58 | €112,933 | €164,651 | +€51,719 | +45.8% |
| Deferred charges and accrued income | 490/1 | €2,252 | €1,459 | -€793 | -35.2% |
| Total equity and liabilities | 10/49 | €265,415 | €310,958 | +€45,543 | +17.2% |
| Equity | 10/15 | €60,127 | €72,621 | +€12,494 | +20.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,527 | €54,021 | +€12,494 | +30.1% |
| Tax-exempt reserves | 132 | €3,902 | €3,902 | = | 0.0% |
| Distributable reserves | 133 | €37,625 | €50,118 | +€12,494 | +33.2% |
| Amounts payable | 17/49 | €205,288 | €238,337 | +€33,049 | +16.1% |
| Amounts payable within one year | 42/48 | €204,774 | €237,809 | +€33,035 | +16.1% |
| Trade debts | 44 | €1,650 | €1,121 | -€528 | -32.0% |
| Suppliers | 440/4 | €1,650 | €1,121 | -€528 | -32.0% |
| Taxes, remuneration and social security | 45 | €2,538 | €28,057 | +€25,518 | +1005.3% |
| Taxes | 450/3 | €2,538 | €28,057 | +€25,518 | +1005.3% |
| Other amounts payable | 47/48 | €200,587 | €208,631 | +€8,045 | +4.0% |
| Accrued charges and deferred income | 492/3 | €513 | €528 | +€14 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,306 | €10,001 | +€695 | +7.5% |
| Other operating charges | 640/8 | €636 | €528 | -€108 | -17.0% |
| Gross operating margin | 9900 | €80,325 | €78,559 | -€1,766 | -2.2% |
| Operating profit (loss) | 9901 | €70,383 | €68,030 | -€2,352 | -3.3% |
| Financial income | 75/76B | €115 | €3,166 | +€3,052 | +2662.3% |
| Recurring financial income | 75 | €115 | €3,166 | +€3,052 | +2662.3% |
| Financial charges | 65/66B | €115 | €431 | +€316 | +274.6% |
| Recurring financial charges | 65 | €115 | €431 | +€316 | +274.6% |
| Profit (loss) for the period before taxes | 9903 | €70,382 | €70,766 | +€383 | +0.5% |
| Income taxes | 67/77 | €14,816 | €20,647 | +€5,831 | +39.4% |
| Profit (loss) for the period | 9904 | €55,567 | €50,118 | -€5,448 | -9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €55,567 | €50,118 | -€5,448 | -9.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.