Inductance: 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.
Inductance
Largest movements
- Tangible fixed assets +€124,808
up €124,808 (+39.9%), from €313,096 to €437,903
of which Plant, machinery and equipment: +€138,779
- Receivables within one year +€53,543
up €53,543 (+535.4%), from €10,000 to €63,543
of which Other amounts receivable: +€30,606
- Debts after one year +€117,745
up €117,745 (+41.6%), from €282,853 to €400,598
- Profit (loss) carried forward +€31,073
up €31,073 (+33.6%), from €92,353 to €123,426
- Current portion of long-term debt +€19,064
up €19,064 (+64.1%), from €29,755 to €48,819
- Trade debts +€16,606
up €16,606 (+1745.3%), from €951 to €17,557
- Depreciation -€35,839
down €35,839 (-69.9%), from €51,247 to €15,408
- Gross operating margin -€28,964
down €28,964 (-30.6%), from €94,550 to €65,586
- Financial charges +€9,221
up €9,221 (+1141.9%), from €808 to €10,029
- Taxes -€2,951
down €2,951 (-28.3%), from €10,423 to €7,472
- Other operating charges +€1,388
up €1,388 (+505.9%), from €274 to €1,662
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 | €418,273 | €601,308 | +€183,034 | +43.8% |
| Fixed assets | 21/28 | €313,096 | €437,903 | +€124,808 | +39.9% |
| Tangible fixed assets | 22/27 | €313,096 | €437,903 | +€124,808 | +39.9% |
| Land and buildings | 22 | €299,656 | €290,656 | -€9,000 | -3.0% |
| Plant, machinery and equipment | 23 | - | €138,779 | +€138,779 | |
| Furniture and vehicles | 24 | €13,440 | €8,468 | -€4,972 | -37.0% |
| Current assets | 29/58 | €105,178 | €163,404 | +€58,227 | +55.4% |
| Amounts receivable within one year | 40/41 | €10,000 | €63,543 | +€53,543 | +535.4% |
| Trade receivables | 40 | - | €22,937 | +€22,937 | |
| Other amounts receivable | 41 | €10,000 | €40,606 | +€30,606 | +306.1% |
| Cash at bank and in hand | 54/58 | €93,367 | €96,795 | +€3,427 | +3.7% |
| Deferred charges and accrued income | 490/1 | €1,810 | €3,067 | +€1,257 | +69.4% |
| Total equity and liabilities | 10/49 | €418,273 | €601,308 | +€183,034 | +43.8% |
| Equity | 10/15 | €96,353 | €127,426 | +€31,073 | +32.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,353 | €123,426 | +€31,073 | +33.6% |
| Amounts payable | 17/49 | €321,921 | €473,882 | +€151,961 | +47.2% |
| Amounts payable after more than one year | 17 | €282,853 | €400,598 | +€117,745 | +41.6% |
| Financial debts | 170/4 | €282,853 | €400,598 | +€117,745 | +41.6% |
| Amounts payable within one year | 42/48 | €39,068 | €73,284 | +€34,216 | +87.6% |
| Current portion of amounts payable after more than one year | 42 | €29,755 | €48,819 | +€19,064 | +64.1% |
| Trade debts | 44 | €951 | €17,557 | +€16,606 | +1745.3% |
| Suppliers | 440/4 | €951 | €17,557 | +€16,606 | +1745.3% |
| Taxes, remuneration and social security | 45 | €7,362 | €5,909 | -€1,453 | -19.7% |
| Taxes | 450/3 | €5,722 | €5,909 | +€187 | +3.3% |
| Remuneration and social security | 454/9 | €1,640 | - | -€1,640 | |
| Other amounts payable | 47/48 | €999 | €999 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,247 | €15,408 | -€35,839 | -69.9% |
| Other operating charges | 640/8 | €274 | €1,662 | +€1,388 | +505.9% |
| Non-recurring operating charges | 66A | €125 | - | -€125 | |
| Gross operating margin | 9900 | €94,550 | €65,586 | -€28,964 | -30.6% |
| Operating profit (loss) | 9901 | €42,904 | €48,516 | +€5,612 | +13.1% |
| Financial income | 75/76B | €102 | €57 | -€45 | -43.8% |
| Recurring financial income | 75 | €102 | €57 | -€45 | -43.8% |
| Financial charges | 65/66B | €808 | €10,029 | +€9,221 | +1141.9% |
| Recurring financial charges | 65 | €808 | €10,029 | +€9,221 | +1141.9% |
| Profit (loss) for the period before taxes | 9903 | €42,198 | €38,545 | -€3,653 | -8.7% |
| Income taxes | 67/77 | €10,423 | €7,472 | -€2,951 | -28.3% |
| Profit (loss) for the period | 9904 | €31,775 | €31,073 | -€702 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €31,775 | €31,073 | -€702 | -2.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.