INELBO TRANSPORT: 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.
INELBO TRANSPORT
Largest movements
- Cash -€77,990
down €77,990 (-56.9%), from €136,958 to €58,968
mainly Net result for the year (-€72,532) and Trade debts (-€48,481)
- Receivables within one year -€9,942
down €9,942 (-37.8%), from €26,311 to €16,369
of which Trade receivables: -€7,202
- Profit (loss) carried forward -€72,532
down €72,532 (-47.3%), from €153,379 to €80,847
- Trade debts -€48,481
down €48,481 (-25.8%), from €188,252 to €139,772
- Tax, wage and social debts +€30,584
new in 2025: €30,584
- Taxes +€46,901
new in 2025: €46,901
- Depreciation -€7,224
down €7,224 (-18.4%), from €39,325 to €32,101
- Gross operating margin +€1,463
up €1,463 (+13.1%), from €11,159 to €12,621
- Financial income -€1,250
down €1,250 (-100%), from €1,250 to €0
- Other operating charges +€699
up €699 (+13.6%), from €5,127 to €5,826
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 | €465,355 | €374,926 | -€90,429 | -19.4% |
| Fixed assets | 21/28 | €300,959 | €299,033 | -€1,926 | -0.6% |
| Tangible fixed assets | 22/27 | €300,878 | €298,952 | -€1,926 | -0.6% |
| Land and buildings | 22 | €266,314 | €290,260 | +€23,946 | +9.0% |
| Plant, machinery and equipment | 23 | €28,661 | €8,691 | -€19,970 | -69.7% |
| Furniture and vehicles | 24 | €5,903 | €0 | -€5,903 | -100% |
| Financial fixed assets | 28 | €81 | €81 | = | 0.0% |
| Current assets | 29/58 | €164,396 | €75,894 | -€88,502 | -53.8% |
| Amounts receivable within one year | 40/41 | €26,311 | €16,369 | -€9,942 | -37.8% |
| Trade receivables | 40 | €7,202 | €0 | -€7,202 | -100% |
| Other amounts receivable | 41 | €19,109 | €16,369 | -€2,740 | -14.3% |
| Cash at bank and in hand | 54/58 | €136,958 | €58,968 | -€77,990 | -56.9% |
| Deferred charges and accrued income | 490/1 | €1,126 | €556 | -€570 | -50.6% |
| Total equity and liabilities | 10/49 | €465,355 | €374,926 | -€90,429 | -19.4% |
| Equity | 10/15 | €277,102 | €204,570 | -€72,532 | -26.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €23,724 | €23,724 | = | 0.0% |
| Non-distributable reserves | 130/1 | €23,724 | €23,724 | = | 0.0% |
| Legal reserve | 130 | €23,724 | €23,724 | = | 0.0% |
| Profit (loss) carried forward | 14 | €153,379 | €80,847 | -€72,532 | -47.3% |
| Amounts payable | 17/49 | €188,252 | €170,356 | -€17,897 | -9.5% |
| Amounts payable within one year | 42/48 | €188,252 | €170,356 | -€17,897 | -9.5% |
| Trade debts | 44 | €188,252 | €139,772 | -€48,481 | -25.8% |
| Suppliers | 440/4 | €188,252 | €139,772 | -€48,481 | -25.8% |
| Taxes, remuneration and social security | 45 | - | €30,584 | +€30,584 | |
| Taxes | 450/3 | - | €30,584 | +€30,584 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,325 | €32,101 | -€7,224 | -18.4% |
| Other operating charges | 640/8 | €5,127 | €5,826 | +€699 | +13.6% |
| Gross operating margin | 9900 | €11,159 | €12,621 | +€1,463 | +13.1% |
| Operating profit (loss) | 9901 | -€33,293 | -€25,306 | +€7,987 | +24.0% |
| Financial income | 75/76B | €1,250 | €0 | -€1,250 | -100% |
| Recurring financial income | 75 | €1,250 | €0 | -€1,250 | -100% |
| Financial charges | 65/66B | €330 | €326 | -€5 | -1.4% |
| Recurring financial charges | 65 | €330 | €326 | -€5 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | -€32,373 | -€25,631 | +€6,741 | +20.8% |
| Income taxes | 67/77 | - | €46,901 | +€46,901 | |
| Profit (loss) for the period | 9904 | -€32,373 | -€72,532 | -€40,159 | -124% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,373 | -€72,532 | -€40,159 | -124% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.