INES COX: 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.
INES COX
Largest movements
- Cash -€761
down €761 (-32.9%), from €2,313 to €1,552
mainly Net result for the year (-€975) and Receivables within one year (-€184)
- Tangible fixed assets -€378
down €378 (-13.2%), from €2,870 to €2,492
- Receivables within one year +€184
up €184 (+5.7%), from €3,202 to €3,386
- Profit (loss) carried forward -€975
down €975 (-28.6%), from €3,405 to €2,430
- Gross operating margin +€4,047
up €4,047 (+97.5%), from -€4,150 to -€103
- Other operating charges -€104
down €104 (-14.3%), from €727 to €623
- Financial income +€55
up €55 (+43.0%), from €128 to €183
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 | €8,444 | €7,430 | -€1,014 | -12.0% |
| Fixed assets | 21/28 | €2,870 | €2,492 | -€378 | -13.2% |
| Tangible fixed assets | 22/27 | €2,870 | €2,492 | -€378 | -13.2% |
| Plant, machinery and equipment | 23 | €2,870 | €2,492 | -€378 | -13.2% |
| Current assets | 29/58 | €5,574 | €4,938 | -€636 | -11.4% |
| Amounts receivable within one year | 40/41 | €3,202 | €3,386 | +€184 | +5.7% |
| Other amounts receivable | 41 | €3,202 | €3,386 | +€184 | +5.7% |
| Cash at bank and in hand | 54/58 | €2,313 | €1,552 | -€761 | -32.9% |
| Deferred charges and accrued income | 490/1 | €59 | - | -€59 | |
| Total equity and liabilities | 10/49 | €8,444 | €7,430 | -€1,014 | -12.0% |
| Equity | 10/15 | €8,405 | €7,430 | -€975 | -11.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,405 | €2,430 | -€975 | -28.6% |
| Amounts payable | 17/49 | €39 | - | -€39 | |
| Amounts payable within one year | 42/48 | €39 | - | -€39 | |
| Taxes, remuneration and social security | 45 | €39 | - | -€39 | |
| Taxes | 450/3 | €39 | - | -€39 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €378 | €378 | = | 0.0% |
| Other operating charges | 640/8 | €727 | €623 | -€104 | -14.3% |
| Non-recurring operating charges | 66A | €1,703 | - | -€1,703 | |
| Gross operating margin | 9900 | -€4,150 | -€103 | +€4,047 | +97.5% |
| Operating profit (loss) | 9901 | -€6,958 | -€1,104 | +€5,854 | +84.1% |
| Financial income | 75/76B | €128 | €183 | +€55 | +43.0% |
| Recurring financial income | 75 | €128 | €183 | +€55 | +43.0% |
| Financial charges | 65/66B | €55 | €54 | -€1 | -1.8% |
| Recurring financial charges | 65 | €55 | €54 | -€1 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,885 | -€975 | +€5,910 | +85.8% |
| Income taxes | 67/77 | €39 | - | -€39 | |
| Profit (loss) for the period | 9904 | -€6,924 | -€975 | +€5,949 | +85.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,924 | -€975 | +€5,949 | +85.9% |
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 16 October 2026 via checked.be.