INE.Solutions: 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.
INE.Solutions
Largest movements
- Stocks and contracts +€35,945
new in 2025: €35,945
- Receivables within one year +€16,895
up €16,895 (+6.4%), from €263,467 to €280,362
- Other debts +€155,999
up €155,999 (+96.9%), from €161,022 to €317,021
- Trade debts -€83,627
down €83,627 (-98.6%), from €84,825 to €1,198
- Debts after one year -€20,714
down €20,714 (-41.9%), from €49,486 to €28,772
- Profit (loss) carried forward +€15,561
up €15,561 (+54.4%), from €28,623 to €44,184
- Tax, wage and social debts -€14,463
down €14,463 (-37.9%), from €38,206 to €23,742
- Gross operating margin +€42,611
up €42,611 (+139%), from €30,604 to €73,215
- Depreciation +€27,209
up €27,209 (+181%), from €15,062 to €42,271
- Financial income -€12,428
down €12,428 (-95.6%), from €13,003 to €575
- Other operating charges -€5,809
no longer reported in 2025 (was €5,809)
- Taxes +€4,530
up €4,530 (+105%), from €4,319 to €8,849
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 | €403,063 | €456,531 | +€53,469 | +13.3% |
| Fixed assets | 21/28 | €77,858 | €79,105 | +€1,247 | +1.6% |
| Tangible fixed assets | 22/27 | €77,858 | €79,105 | +€1,247 | +1.6% |
| Furniture and vehicles | 24 | €77,858 | €79,105 | +€1,247 | +1.6% |
| Current assets | 29/58 | €325,205 | €377,427 | +€52,222 | +16.1% |
| Stocks and contracts in progress | 3 | - | €35,945 | +€35,945 | |
| Stocks | 30/36 | - | €35,945 | +€35,945 | |
| Amounts receivable within one year | 40/41 | €263,467 | €280,362 | +€16,895 | +6.4% |
| Trade receivables | 40 | €263,467 | €280,362 | +€16,895 | +6.4% |
| Cash at bank and in hand | 54/58 | €61,738 | €61,120 | -€618 | -1.0% |
| Total equity and liabilities | 10/49 | €403,063 | €456,531 | +€53,469 | +13.3% |
| Equity | 10/15 | €49,523 | €65,084 | +€15,561 | +31.4% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,623 | €44,184 | +€15,561 | +54.4% |
| Amounts payable | 17/49 | €353,540 | €391,448 | +€37,908 | +10.7% |
| Amounts payable after more than one year | 17 | €49,486 | €28,772 | -€20,714 | -41.9% |
| Financial debts | 170/4 | €49,486 | €28,772 | -€20,714 | -41.9% |
| Amounts payable within one year | 42/48 | €304,054 | €362,676 | +€58,622 | +19.3% |
| Current portion of amounts payable after more than one year | 42 | €20,001 | €20,714 | +€713 | +3.6% |
| Trade debts | 44 | €84,825 | €1,198 | -€83,627 | -98.6% |
| Suppliers | 440/4 | €84,825 | €1,198 | -€83,627 | -98.6% |
| Taxes, remuneration and social security | 45 | €38,206 | €23,742 | -€14,463 | -37.9% |
| Taxes | 450/3 | €38,206 | €23,742 | -€14,463 | -37.9% |
| Other amounts payable | 47/48 | €161,022 | €317,021 | +€155,999 | +96.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,062 | €42,271 | +€27,209 | +181% |
| Other operating charges | 640/8 | €5,809 | - | -€5,809 | |
| Gross operating margin | 9900 | €30,604 | €73,215 | +€42,611 | +139% |
| Operating profit (loss) | 9901 | €9,733 | €30,944 | +€21,211 | +218% |
| Financial income | 75/76B | €13,003 | €575 | -€12,428 | -95.6% |
| Recurring financial income | 75 | €13,003 | €575 | -€12,428 | -95.6% |
| Financial charges | 65/66B | €7,632 | €7,110 | -€522 | -6.8% |
| Recurring financial charges | 65 | €7,632 | €7,110 | -€522 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €15,104 | €24,410 | +€9,306 | +61.6% |
| Income taxes | 67/77 | €4,319 | €8,849 | +€4,530 | +105% |
| Profit (loss) for the period | 9904 | €10,785 | €15,561 | +€4,776 | +44.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,785 | €15,561 | +€4,776 | +44.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.