Incorporesano: 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.
Incorporesano
Largest movements
- Cash +€40,140
up €40,140 (+270%), from €14,879 to €55,020
mainly Other debts (+€105,495) and Net result for the year (+€90,080)
- Intangible fixed assets -€18,000
down €18,000 (-17.4%), from €103,463 to €85,463
- Tangible fixed assets -€5,077
down €5,077 (-20.2%), from €25,152 to €20,075
of which Other tangible fixed assets: -€3,499
- Other debts +€105,495
up €105,495 (+113%), from €93,366 to €198,861
- Profit (loss) carried forward -€91,411
down €91,411 (-100%), from €91,411 to €0
- Tax, wage and social debts +€4,587
up €4,587 (+70.9%), from €6,471 to €11,058
of which Taxes: +€4,267
- Gross operating margin -€3,896
down €3,896 (-2.7%), from €142,464 to €138,568
- Financial charges -€2,436
down €2,436 (-97.2%), from €2,506 to €70
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 | €204,062 | €222,454 | +€18,392 | +9.0% |
| Fixed assets | 21/28 | €128,615 | €105,538 | -€23,077 | -17.9% |
| Intangible fixed assets | 21 | €103,463 | €85,463 | -€18,000 | -17.4% |
| Tangible fixed assets | 22/27 | €25,152 | €20,075 | -€5,077 | -20.2% |
| Land and buildings | 22 | €1,739 | €1,166 | -€572 | -32.9% |
| Furniture and vehicles | 24 | €1,641 | €636 | -€1,005 | -61.2% |
| Other tangible fixed assets | 26 | €21,772 | €18,273 | -€3,499 | -16.1% |
| Current assets | 29/58 | €75,447 | €116,915 | +€41,469 | +55.0% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €14,879 | €55,020 | +€40,140 | +270% |
| Deferred charges and accrued income | 490/1 | €60,568 | €61,896 | +€1,328 | +2.2% |
| Total equity and liabilities | 10/49 | €204,062 | €222,454 | +€18,392 | +9.0% |
| Equity | 10/15 | €96,411 | €5,000 | -€91,411 | -94.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,411 | €0 | -€91,411 | -100% |
| Amounts payable | 17/49 | €107,651 | €217,454 | +€109,802 | +102% |
| Amounts payable within one year | 42/48 | €101,685 | €211,216 | +€109,531 | +108% |
| Financial debts | 43 | €0 | €19 | +€19 | |
| Credit institutions | 430/8 | €0 | €19 | +€19 | |
| Trade debts | 44 | €1,848 | €1,278 | -€570 | -30.8% |
| Suppliers | 440/4 | €1,848 | €1,278 | -€570 | -30.8% |
| Taxes, remuneration and social security | 45 | €6,471 | €11,058 | +€4,587 | +70.9% |
| Taxes | 450/3 | €6,311 | €10,578 | +€4,267 | +67.6% |
| Remuneration and social security | 454/9 | €160 | €480 | +€320 | +200% |
| Other amounts payable | 47/48 | €93,366 | €198,861 | +€105,495 | +113% |
| Accrued charges and deferred income | 492/3 | €5,966 | €6,238 | +€272 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,848 | €23,077 | +€229 | +1.0% |
| Other operating charges | 640/8 | €974 | €1,074 | +€100 | +10.2% |
| Gross operating margin | 9900 | €142,464 | €138,568 | -€3,896 | -2.7% |
| Operating profit (loss) | 9901 | €118,641 | €114,417 | -€4,224 | -3.6% |
| Financial income | 75/76B | €102 | €0 | -€102 | -100.0% |
| Recurring financial income | 75 | €102 | €0 | -€102 | -100.0% |
| Financial charges | 65/66B | €2,506 | €70 | -€2,436 | -97.2% |
| Recurring financial charges | 65 | €2,506 | €70 | -€2,436 | -97.2% |
| Profit (loss) for the period before taxes | 9903 | €116,237 | €114,347 | -€1,890 | -1.6% |
| Income taxes | 67/77 | €24,826 | €24,267 | -€559 | -2.3% |
| Profit (loss) for the period | 9904 | €91,411 | €90,080 | -€1,331 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €91,411 | €90,080 | -€1,331 | -1.5% |
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 28 October 2026 via checked.be.