INES INVEST: what changed
INES INVEST
Largest movements
- Financial fixed assets +€3,750
new in 2025: €3,750
- Receivables within one year -€1,864
down €1,864 (-89.4%), from €2,084 to €221
- Cash -€80
down €80 (-65.3%), from €122 to €43
mainly Investment in fixed assets (net) (-€3,750) and Tax, wage and social debts (-€2,852)
- Other debts +€6,150
up €6,150 (+420%), from €1,463 to €7,613
- Tax, wage and social debts -€2,852
no longer reported in 2025 (was €2,852)
- Profit (loss) carried forward -€2,348
down €2,348 (-42.7%), from -€5,497 to -€7,845
- Trade debts +€857
up €857 (+61.8%), from €1,388 to €2,245
- Gross operating margin -€1,036
down €1,036 (-156%), from -€664 to -€1,700
- Other operating charges -€556
down €556 (-58.2%), from €956 to €400
- Financial charges +€35
up €35 (+16.2%), from €214 to €248
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,206 | €4,013 | +€1,807 | +81.9% |
| Fixed assets | 21/28 | - | €3,750 | +€3,750 | |
| Financial fixed assets | 28 | - | €3,750 | +€3,750 | |
| Current assets | 29/58 | €2,206 | €263 | -€1,943 | -88.1% |
| Amounts receivable within one year | 40/41 | €2,084 | €221 | -€1,864 | -89.4% |
| Other amounts receivable | 41 | €2,084 | €221 | -€1,864 | -89.4% |
| Cash at bank and in hand | 54/58 | €122 | €43 | -€80 | -65.3% |
| Total equity and liabilities | 10/49 | €2,206 | €4,013 | +€1,807 | +81.9% |
| Equity | 10/15 | -€3,497 | -€5,845 | -€2,348 | -67.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,497 | -€7,845 | -€2,348 | -42.7% |
| Amounts payable | 17/49 | €5,703 | €9,858 | +€4,155 | +72.9% |
| Amounts payable within one year | 42/48 | €5,703 | €9,858 | +€4,155 | +72.9% |
| Trade debts | 44 | €1,388 | €2,245 | +€857 | +61.8% |
| Suppliers | 440/4 | €1,388 | €2,245 | +€857 | +61.8% |
| Taxes, remuneration and social security | 45 | €2,852 | - | -€2,852 | |
| Taxes | 450/3 | €2,852 | - | -€2,852 | |
| Other amounts payable | 47/48 | €1,463 | €7,613 | +€6,150 | +420% |
| Other operating charges | 640/8 | €956 | €400 | -€556 | -58.2% |
| Gross operating margin | 9900 | -€664 | -€1,700 | -€1,036 | -156% |
| Operating profit (loss) | 9901 | -€1,620 | -€2,100 | -€480 | -29.6% |
| Financial charges | 65/66B | €214 | €248 | +€35 | +16.2% |
| Recurring financial charges | 65 | €214 | €248 | +€35 | +16.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,834 | -€2,348 | -€514 | -28.0% |
| Profit (loss) for the period | 9904 | -€1,834 | -€2,348 | -€514 | -28.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,834 | -€2,348 | -€514 | -28.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.