INCONTRI: 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.
INCONTRI
Largest movements
- Cash +€102,296
up €102,296 (+38.4%), from €266,190 to €368,485
mainly Net result for the year (+€75,716) and Depreciation (+€17,661)
- Tangible fixed assets -€17,661
down €17,661 (-25.1%), from €70,347 to €52,686
- Reserves +€75,716
up €75,716 (+16.4%), from €460,903 to €536,620
of which Distributable reserves: +€82,709
- Tax, wage and social debts +€14,759
up €14,759 (+91.8%), from €16,072 to €30,831
of which Taxes: +€13,882
- Gross operating margin -€22,379
down €22,379 (-12.2%), from €184,156 to €161,776
- Taxes +€7,720
up €7,720 (+24.9%), from €30,990 to €38,709
- Staff costs +€6,398
up €6,398 (+25.7%), from €24,867 to €31,265
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 | €541,613 | €626,825 | +€85,212 | +15.7% |
| Fixed assets | 21/28 | €71,147 | €53,486 | -€17,661 | -24.8% |
| Tangible fixed assets | 22/27 | €70,347 | €52,686 | -€17,661 | -25.1% |
| Furniture and vehicles | 24 | €70,347 | €52,686 | -€17,661 | -25.1% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €470,467 | €573,339 | +€102,873 | +21.9% |
| Stocks and contracts in progress | 3 | €2,843 | €2,335 | -€508 | -17.9% |
| Stocks | 30/36 | €2,843 | €2,335 | -€508 | -17.9% |
| Amounts receivable within one year | 40/41 | €897 | €1,950 | +€1,053 | +117.4% |
| Trade receivables | 40 | €0 | €1,053 | +€1,053 | |
| Other amounts receivable | 41 | €897 | €897 | = | 0.0% |
| Current investments | 50/53 | €200,000 | €200,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €266,190 | €368,485 | +€102,296 | +38.4% |
| Deferred charges and accrued income | 490/1 | €537 | €570 | +€32 | +6.0% |
| Total equity and liabilities | 10/49 | €541,613 | €626,825 | +€85,212 | +15.7% |
| Equity | 10/15 | €485,703 | €561,420 | +€75,716 | +15.6% |
| Contributions | 10/11 | €24,800 | €24,800 | = | 0.0% |
| Reserves | 13 | €460,903 | €536,620 | +€75,716 | +16.4% |
| Non-distributable reserves | 130/1 | €2,480 | €2,480 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,480 | €2,480 | = | 0.0% |
| Tax-exempt reserves | 132 | €28,258 | €21,266 | -€6,992 | -24.7% |
| Distributable reserves | 133 | €430,166 | €512,874 | +€82,709 | +19.2% |
| Provisions and deferred taxes | 16 | €9,419 | €7,089 | -€2,331 | -24.7% |
| Deferred taxes | 168 | €9,419 | €7,089 | -€2,331 | -24.7% |
| Amounts payable | 17/49 | €46,491 | €58,317 | +€11,826 | +25.4% |
| Amounts payable after more than one year | 17 | €14,926 | €15,666 | +€740 | +5.0% |
| Other amounts payable | 178/9 | €14,926 | €15,666 | +€740 | +5.0% |
| Amounts payable within one year | 42/48 | €31,564 | €42,651 | +€11,086 | +35.1% |
| Trade debts | 44 | €13,954 | €10,006 | -€3,947 | -28.3% |
| Suppliers | 440/4 | €13,954 | €10,006 | -€3,947 | -28.3% |
| Taxes, remuneration and social security | 45 | €16,072 | €30,831 | +€14,759 | +91.8% |
| Taxes | 450/3 | €12,237 | €26,120 | +€13,882 | +113.4% |
| Remuneration and social security | 454/9 | €3,834 | €4,711 | +€876 | +22.9% |
| Other amounts payable | 47/48 | €1,539 | €1,814 | +€275 | +17.9% |
| Non-recurring operating income | 76A | €47,000 | €0 | -€47,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €24,867 | €31,265 | +€6,398 | +25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,518 | €17,661 | +€143 | +0.8% |
| Other operating charges | 640/8 | €3,154 | €2,990 | -€164 | -5.2% |
| Gross operating margin | 9900 | €184,156 | €161,776 | -€22,379 | -12.2% |
| Operating profit (loss) | 9901 | €138,617 | €109,861 | -€28,756 | -20.7% |
| Financial income | 75/76B | €2,862 | €4,350 | +€1,488 | +52.0% |
| Recurring financial income | 75 | €2,862 | €4,350 | +€1,488 | +52.0% |
| Financial charges | 65/66B | €1,984 | €2,116 | +€132 | +6.7% |
| Recurring financial charges | 65 | €1,984 | €2,116 | +€132 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €139,496 | €112,095 | -€27,401 | -19.6% |
| Transfer from deferred taxes | 780 | €2,331 | €2,331 | = | 0.0% |
| Transfer to deferred taxes | 680 | €11,750 | €0 | -€11,750 | -100.0% |
| Income taxes | 67/77 | €30,990 | €38,709 | +€7,720 | +24.9% |
| Profit (loss) for the period | 9904 | €99,087 | €75,716 | -€23,370 | -23.6% |
| Transfer from tax-exempt reserves | 789 | €6,992 | €6,992 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €35,250 | €0 | -€35,250 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €70,829 | €82,709 | +€11,880 | +16.8% |
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 9 October 2026 via checked.be.