INELAS CONSULTING: 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.
INELAS CONSULTING
Largest movements
- Tangible fixed assets +€23,099
up €23,099 (+70.7%), from €32,686 to €55,785
- Cash +€21,953
up €21,953 (+23.5%), from €93,369 to €115,322
mainly Net result for the year (+€23,207) and Debts after one year (+€19,578)
- Reserves +€23,207
up €23,207 (+24.3%), from €95,364 to €118,571
- Debts after one year +€19,578
up €19,578 (+90.3%), from €21,683 to €41,260
- Current portion of long-term debt +€3,028
up €3,028 (+39.7%), from €7,621 to €10,649
- Gross operating margin -€15,046
down €15,046 (-21.2%), from €71,136 to €56,090
- Other operating charges +€5,832
up €5,832 (+153%), from €3,821 to €9,653
- Taxes -€4,102
down €4,102 (-22.9%), from €17,944 to €13,842
- Depreciation -€3,140
down €3,140 (-33.6%), from €9,338 to €6,198
- Financial charges +€1,435
up €1,435 (+81.8%), from €1,755 to €3,191
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 | €147,095 | €191,019 | +€43,923 | +29.9% |
| Fixed assets | 21/28 | €32,686 | €55,785 | +€23,099 | +70.7% |
| Tangible fixed assets | 22/27 | €32,686 | €55,785 | +€23,099 | +70.7% |
| Leasing and similar rights | 25 | €32,686 | €55,785 | +€23,099 | +70.7% |
| Current assets | 29/58 | €114,409 | €135,234 | +€20,825 | +18.2% |
| Amounts receivable within one year | 40/41 | €18,859 | €17,730 | -€1,129 | -6.0% |
| Trade receivables | 40 | €18,815 | €17,730 | -€1,085 | -5.8% |
| Other amounts receivable | 41 | €43 | - | -€43 | |
| Cash at bank and in hand | 54/58 | €93,369 | €115,322 | +€21,953 | +23.5% |
| Deferred charges and accrued income | 490/1 | €2,182 | €2,182 | = | 0.0% |
| Total equity and liabilities | 10/49 | €147,095 | €191,019 | +€43,923 | +29.9% |
| Equity | 10/15 | €95,364 | €118,571 | +€23,207 | +24.3% |
| Reserves | 13 | €95,364 | €118,571 | +€23,207 | +24.3% |
| Distributable reserves | 133 | €95,364 | €118,571 | +€23,207 | +24.3% |
| Amounts payable | 17/49 | €51,731 | €72,448 | +€20,717 | +40.0% |
| Amounts payable after more than one year | 17 | €21,683 | €41,260 | +€19,578 | +90.3% |
| Financial debts | 170/4 | €21,683 | €41,260 | +€19,578 | +90.3% |
| Amounts payable within one year | 42/48 | €30,048 | €31,187 | +€1,139 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €7,621 | €10,649 | +€3,028 | +39.7% |
| Trade debts | 44 | €485 | €216 | -€269 | -55.5% |
| Suppliers | 440/4 | €485 | €216 | -€269 | -55.5% |
| Taxes, remuneration and social security | 45 | €21,750 | €20,242 | -€1,508 | -6.9% |
| Taxes | 450/3 | €21,750 | €20,242 | -€1,508 | -6.9% |
| Other amounts payable | 47/48 | €193 | €81 | -€112 | -58.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,338 | €6,198 | -€3,140 | -33.6% |
| Other operating charges | 640/8 | €3,821 | €9,653 | +€5,832 | +153% |
| Gross operating margin | 9900 | €71,136 | €56,090 | -€15,046 | -21.2% |
| Operating profit (loss) | 9901 | €57,977 | €40,239 | -€17,738 | -30.6% |
| Financial charges | 65/66B | €1,755 | €3,191 | +€1,435 | +81.8% |
| Recurring financial charges | 65 | €1,755 | €3,191 | +€1,435 | +81.8% |
| Profit (loss) for the period before taxes | 9903 | €56,222 | €37,048 | -€19,173 | -34.1% |
| Income taxes | 67/77 | €17,944 | €13,842 | -€4,102 | -22.9% |
| Profit (loss) for the period | 9904 | €38,278 | €23,207 | -€15,072 | -39.4% |
| Profit (loss) for the period to be appropriated | 9905 | €38,278 | €23,207 | -€15,072 | -39.4% |
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.