INERCOFIN: 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.
INERCOFIN
Largest movements
- Deferred charges and accrued income +€410
new in 2025: €410
- Cash +€19
new in 2025: €19
mainly Other debts (+€8,296) and Trade debts (+€671)
- Profit (loss) carried forward -€8,539
down €8,539 (-111%), from -€7,707 to -€16,246
- Other debts +€8,296
up €8,296 (+306%), from €2,707 to €11,004
- Trade debts +€671
new in 2025: €671
- Other operating charges +€851
new in 2025: €851
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 | - | €429 | +€429 | |
| Current assets | 29/58 | - | €429 | +€429 | |
| Cash at bank and in hand | 54/58 | - | €19 | +€19 | |
| Deferred charges and accrued income | 490/1 | - | €410 | +€410 | |
| Total equity and liabilities | 10/49 | €0 | €429 | +€429 | |
| Equity | 10/15 | -€2,707 | -€11,246 | -€8,539 | -315% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,707 | -€16,246 | -€8,539 | -111% |
| Amounts payable | 17/49 | €2,707 | €11,675 | +€8,967 | +331% |
| Amounts payable within one year | 42/48 | €2,707 | €11,675 | +€8,967 | +331% |
| Trade debts | 44 | - | €671 | +€671 | |
| Suppliers | 440/4 | - | €671 | +€671 | |
| Other amounts payable | 47/48 | €2,707 | €11,004 | +€8,296 | +306% |
| Other operating charges | 640/8 | - | €851 | +€851 | |
| Gross operating margin | 9900 | -€7,707 | -€7,687 | +€20 | +0.3% |
| Operating profit (loss) | 9901 | -€7,707 | -€8,539 | -€831 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | -€7,707 | -€8,539 | -€831 | -10.8% |
| Profit (loss) for the period | 9904 | -€7,707 | -€8,539 | -€831 | -10.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,707 | -€8,539 | -€831 | -10.8% |
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 13 October 2026 via checked.be.