INCOPROMA: 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.
INCOPROMA
Largest movements
- Receivables within one year +€10,799
up €10,799 (+33.9%), from €31,868 to €42,668
of which Other amounts receivable: +€16,379
- Current investments -€6,500
no longer reported in 2025 (was €6,500)
- Deferred charges and accrued income -€4,090
down €4,090 (-31.2%), from €13,122 to €9,033
- Tangible fixed assets -€2,687
down €2,687 (-12.3%), from €21,800 to €19,114
of which Other tangible fixed assets: -€2,489
- Trade debts -€14,644
down €14,644 (-65.0%), from €22,527 to €7,884
- Reserves +€10,583
up €10,583 (+16.4%), from €64,410 to €74,994
of which Distributable reserves: +€10,583
- Other debts +€2,198
up €2,198 (+38.1%), from €5,764 to €7,962
- Gross operating margin +€15,050
up €15,050 (+188%), from €8,020 to €23,070
- Financial charges +€1,037
up €1,037 (+97.1%), from €1,068 to €2,105
- Taxes +€1,023
up €1,023 (+261%), from €392 to €1,415
- Other operating charges +€322
up €322 (+13.9%), from €2,316 to €2,638
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 | €77,191 | €75,401 | -€1,790 | -2.3% |
| Fixed assets | 21/28 | €21,820 | €19,134 | -€2,687 | -12.3% |
| Tangible fixed assets | 22/27 | €21,800 | €19,114 | -€2,687 | -12.3% |
| Plant, machinery and equipment | 23 | €3,301 | €2,912 | -€389 | -11.8% |
| Furniture and vehicles | 24 | €5,211 | €5,403 | +€192 | +3.7% |
| Other tangible fixed assets | 26 | €13,288 | €10,799 | -€2,489 | -18.7% |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €55,370 | €56,267 | +€897 | +1.6% |
| Amounts receivable within one year | 40/41 | €31,868 | €42,668 | +€10,799 | +33.9% |
| Trade receivables | 40 | €24,372 | €18,792 | -€5,580 | -22.9% |
| Other amounts receivable | 41 | €7,496 | €23,876 | +€16,379 | +218% |
| Current investments | 50/53 | €6,500 | - | -€6,500 | |
| Cash at bank and in hand | 54/58 | €3,880 | €4,567 | +€687 | +17.7% |
| Deferred charges and accrued income | 490/1 | €13,122 | €9,033 | -€4,090 | -31.2% |
| Total equity and liabilities | 10/49 | €77,191 | €75,401 | -€1,790 | -2.3% |
| Equity | 10/15 | €37,428 | €48,012 | +€10,583 | +28.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €64,410 | €74,994 | +€10,583 | +16.4% |
| Tax-exempt reserves | 132 | €2,575 | €2,575 | = | 0.0% |
| Distributable reserves | 133 | €61,835 | €72,419 | +€10,583 | +17.1% |
| Profit (loss) carried forward | 14 | -€47,442 | -€47,442 | = | 0.0% |
| Amounts payable | 17/49 | €39,762 | €27,389 | -€12,373 | -31.1% |
| Amounts payable within one year | 42/48 | €39,659 | €27,389 | -€12,269 | -30.9% |
| Trade debts | 44 | €22,527 | €7,884 | -€14,644 | -65.0% |
| Suppliers | 440/4 | €22,527 | €7,884 | -€14,644 | -65.0% |
| Taxes, remuneration and social security | 45 | €11,367 | €11,544 | +€176 | +1.6% |
| Taxes | 450/3 | €11,367 | €11,544 | +€176 | +1.6% |
| Other amounts payable | 47/48 | €5,764 | €7,962 | +€2,198 | +38.1% |
| Accrued charges and deferred income | 492/3 | €104 | - | -€104 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,213 | €6,393 | +€180 | +2.9% |
| Other operating charges | 640/8 | €2,316 | €2,638 | +€322 | +13.9% |
| Gross operating margin | 9900 | €8,020 | €23,070 | +€15,050 | +188% |
| Operating profit (loss) | 9901 | -€509 | €14,040 | +€14,549 | |
| Financial income | 75/76B | €126 | €64 | -€61 | -48.9% |
| Recurring financial income | 75 | €126 | €64 | -€61 | -48.9% |
| Financial charges | 65/66B | €1,068 | €2,105 | +€1,037 | +97.1% |
| Recurring financial charges | 65 | €1,068 | €2,105 | +€1,037 | +97.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,452 | €11,998 | +€13,450 | |
| Income taxes | 67/77 | €392 | €1,415 | +€1,023 | +261% |
| Profit (loss) for the period | 9904 | -€1,843 | €10,583 | +€12,427 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,843 | €10,583 | +€12,427 |
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 23 October 2026 via checked.be.