INELSPORT: 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.
INELSPORT
Largest movements
- Cash +€96,091
up €96,091 (+197%), from €48,763 to €144,855
mainly Net result for the year (+€92,962) and Depreciation (+€15,771)
- Tangible fixed assets -€15,771
down €15,771 (-29.6%), from €53,344 to €37,573
of which Furniture and vehicles: -€14,977
- Current investments +€5,970
up €5,970 (+19.9%), from €30,020 to €35,991
- Receivables within one year +€3,190
up €3,190 (+11.3%), from €28,210 to €31,400
- Reserves +€63,896
up €63,896 (+36.6%), from €174,589 to €238,485
- Profit (loss) carried forward +€29,065
up €29,065, from -€29,065 to €0
- Current portion of long-term debt -€5,166
down €5,166 (-100%), from €5,166 to €0
- Gross operating margin +€151,602
up €151,602, from -€11,152 to €140,450
- Taxes +€30,566
up €30,566 (+11,327%), from €270 to €30,836
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 | €161,136 | €250,666 | +€89,531 | +55.6% |
| Fixed assets | 21/28 | €53,344 | €37,573 | -€15,771 | -29.6% |
| Tangible fixed assets | 22/27 | €53,344 | €37,573 | -€15,771 | -29.6% |
| Plant, machinery and equipment | 23 | €2,217 | €1,423 | -€794 | -35.8% |
| Furniture and vehicles | 24 | €51,126 | €36,150 | -€14,977 | -29.3% |
| Current assets | 29/58 | €107,792 | €213,093 | +€105,302 | +97.7% |
| Amounts receivable within one year | 40/41 | €28,210 | €31,400 | +€3,190 | +11.3% |
| Other amounts receivable | 41 | €28,210 | €31,400 | +€3,190 | +11.3% |
| Current investments | 50/53 | €30,020 | €35,991 | +€5,970 | +19.9% |
| Cash at bank and in hand | 54/58 | €48,763 | €144,855 | +€96,091 | +197% |
| Deferred charges and accrued income | 490/1 | €798 | €848 | +€50 | +6.3% |
| Total equity and liabilities | 10/49 | €161,136 | €250,666 | +€89,531 | +55.6% |
| Equity | 10/15 | €154,199 | €247,161 | +€92,962 | +60.3% |
| Contributions | 10/11 | €8,676 | €8,676 | = | 0.0% |
| Reserves | 13 | €174,589 | €238,485 | +€63,896 | +36.6% |
| Distributable reserves | 133 | €174,589 | €238,485 | +€63,896 | +36.6% |
| Profit (loss) carried forward | 14 | -€29,065 | €0 | +€29,065 | |
| Amounts payable | 17/49 | €6,936 | €3,505 | -€3,431 | -49.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €6,936 | €3,505 | -€3,431 | -49.5% |
| Current portion of amounts payable after more than one year | 42 | €5,166 | €0 | -€5,166 | -100% |
| Trade debts | 44 | €1,770 | €2,669 | +€899 | +50.8% |
| Suppliers | 440/4 | €1,770 | €2,669 | +€899 | +50.8% |
| Taxes, remuneration and social security | 45 | €0 | €836 | +€836 | |
| Taxes | 450/3 | €0 | €836 | +€836 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,441 | €15,771 | -€670 | -4.1% |
| Other operating charges | 640/8 | €705 | €710 | +€5 | +0.7% |
| Gross operating margin | 9900 | -€11,152 | €140,450 | +€151,602 | |
| Operating profit (loss) | 9901 | -€28,298 | €123,968 | +€152,267 | |
| Financial income | 75/76B | €774 | €851 | +€77 | +10.0% |
| Recurring financial income | 75 | €774 | €851 | +€77 | +10.0% |
| Financial charges | 65/66B | €1,271 | €1,022 | -€249 | -19.6% |
| Recurring financial charges | 65 | €1,271 | €1,022 | -€249 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | -€28,796 | €123,797 | +€152,593 | |
| Income taxes | 67/77 | €270 | €30,836 | +€30,566 | +11,327% |
| Profit (loss) for the period | 9904 | -€29,065 | €92,962 | +€122,027 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,065 | €92,962 | +€122,027 |
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 14 October 2026 via checked.be.