INENTE: 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.
INENTE
Largest movements
- Receivables within one year -€52,925
down €52,925 (-64.2%), from €82,476 to €29,550
of which Other amounts receivable: -€51,234
- Cash +€36,589
up €36,589 (+24.4%), from €150,022 to €186,611
mainly Receivables within one year (+€52,925) and Net result for the year (+€49,373)
- Tangible fixed assets -€4,387
no longer reported in 2025 (was €4,387)
- Other debts -€48,034
down €48,034 (-96.1%), from €50,000 to €1,966
- Reserves +€28,140
up €28,140 (+27.6%), from €101,860 to €130,000
- Tax, wage and social debts -€7,239
down €7,239 (-93.4%), from €7,754 to €515
- Short-term financial debts +€6,751
new in 2025: €6,751
- Profit (loss) carried forward +€6,233
up €6,233 (+102.5%), from €6,078 to €12,311
- Write-downs -€6,516
new in 2025: -€6,516
- Depreciation -€3,134
down €3,134 (-41.7%), from €7,521 to €4,387
- Gross operating margin -€2,351
down €2,351 (-3.4%), from €68,750 to €66,400
- Taxes +€1,360
up €1,360 (+8.8%), from €15,512 to €16,872
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 | €236,885 | €216,299 | -€20,586 | -8.7% |
| Fixed assets | 21/28 | €4,387 | - | -€4,387 | |
| Tangible fixed assets | 22/27 | €4,387 | - | -€4,387 | |
| Leasing and similar rights | 25 | €4,387 | - | -€4,387 | |
| Current assets | 29/58 | €232,498 | €216,299 | -€16,199 | -7.0% |
| Amounts receivable within one year | 40/41 | €82,476 | €29,550 | -€52,925 | -64.2% |
| Trade receivables | 40 | €19,966 | €18,274 | -€1,691 | -8.5% |
| Other amounts receivable | 41 | €62,510 | €11,276 | -€51,234 | -82.0% |
| Cash at bank and in hand | 54/58 | €150,022 | €186,611 | +€36,589 | +24.4% |
| Deferred charges and accrued income | 490/1 | - | €138 | +€138 | |
| Total equity and liabilities | 10/49 | €236,885 | €216,299 | -€20,586 | -8.7% |
| Equity | 10/15 | €114,138 | €148,511 | +€34,373 | +30.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €101,860 | €130,000 | +€28,140 | +27.6% |
| Distributable reserves | 133 | €101,860 | €130,000 | +€28,140 | +27.6% |
| Profit (loss) carried forward | 14 | €6,078 | €12,311 | +€6,233 | +102.5% |
| Amounts payable | 17/49 | €122,746 | €67,788 | -€54,958 | -44.8% |
| Amounts payable within one year | 42/48 | €109,002 | €54,956 | -€54,046 | -49.6% |
| Current portion of amounts payable after more than one year | 42 | €5,318 | - | -€5,318 | |
| Financial debts | 43 | - | €6,751 | +€6,751 | |
| Credit institutions | 430/8 | - | €6,751 | +€6,751 | |
| Trade debts | 44 | €45,930 | €45,724 | -€206 | -0.4% |
| Suppliers | 440/4 | €45,930 | €45,724 | -€206 | -0.4% |
| Taxes, remuneration and social security | 45 | €7,754 | €515 | -€7,239 | -93.4% |
| Taxes | 450/3 | €7,754 | €515 | -€7,239 | -93.4% |
| Other amounts payable | 47/48 | €50,000 | €1,966 | -€48,034 | -96.1% |
| Accrued charges and deferred income | 492/3 | €13,745 | €12,832 | -€912 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,521 | €4,387 | -€3,134 | -41.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€6,516 | -€6,516 | |
| Other operating charges | 640/8 | €1,328 | €1,163 | -€164 | -12.4% |
| Gross operating margin | 9900 | €68,750 | €66,400 | -€2,351 | -3.4% |
| Operating profit (loss) | 9901 | €59,902 | €67,365 | +€7,463 | +12.5% |
| Financial income | 75/76B | €610 | - | -€610 | |
| Recurring financial income | 75 | €610 | - | -€610 | |
| Financial charges | 65/66B | €467 | €1,120 | +€653 | +139.8% |
| Recurring financial charges | 65 | €467 | €1,120 | +€653 | +139.8% |
| Profit (loss) for the period before taxes | 9903 | €60,045 | €66,245 | +€6,200 | +10.3% |
| Income taxes | 67/77 | €15,512 | €16,872 | +€1,360 | +8.8% |
| Profit (loss) for the period | 9904 | €44,533 | €49,373 | +€4,840 | +10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €44,533 | €49,373 | +€4,840 | +10.9% |
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 8 October 2026 via checked.be.