Ines M: 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.
Ines M
Largest movements
- Cash -€4,705
down €4,705 (-21.0%), from €22,423 to €17,717
mainly Receivables within one year (-€4,607) and Stocks and contracts (-€4,500)
- Receivables within one year +€4,607
up €4,607 (+15356.3%), from €30 to €4,637
of which Other amounts receivable: +€3,016
- Stocks and contracts +€4,500
up €4,500 (+109.2%), from €4,120 to €8,620
- Deferred charges and accrued income -€2,500
no longer reported in 2025 (was €2,500)
- Profit (loss) carried forward +€1,274
up €1,274 (+30.4%), from €4,189 to €5,464
- Trade debts +€621
up €621 (+97.8%), from €635 to €1,257
- Gross operating margin -€3,974
down €3,974 (-68.9%), from €5,768 to €1,795
- Other operating charges -€2,500
no longer reported in 2025 (was €2,500)
- Financial charges +€464
up €464 (+803.2%), from €58 to €521
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 | €29,073 | €30,974 | +€1,901 | +6.5% |
| Current assets | 29/58 | €29,073 | €30,974 | +€1,901 | +6.5% |
| Stocks and contracts in progress | 3 | €4,120 | €8,620 | +€4,500 | +109.2% |
| Stocks | 30/36 | €4,120 | €8,620 | +€4,500 | +109.2% |
| Amounts receivable within one year | 40/41 | €30 | €4,637 | +€4,607 | +15356.3% |
| Trade receivables | 40 | - | €1,591 | +€1,591 | |
| Other amounts receivable | 41 | €30 | €3,046 | +€3,016 | +10053.6% |
| Cash at bank and in hand | 54/58 | €22,423 | €17,717 | -€4,705 | -21.0% |
| Deferred charges and accrued income | 490/1 | €2,500 | - | -€2,500 | |
| Total equity and liabilities | 10/49 | €29,073 | €30,974 | +€1,901 | +6.5% |
| Equity | 10/15 | €14,189 | €15,464 | +€1,274 | +9.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,189 | €5,464 | +€1,274 | +30.4% |
| Amounts payable | 17/49 | €14,883 | €15,510 | +€627 | +4.2% |
| Amounts payable within one year | 42/48 | €14,883 | €15,510 | +€627 | +4.2% |
| Trade debts | 44 | €635 | €1,257 | +€621 | +97.8% |
| Suppliers | 440/4 | €635 | €1,257 | +€621 | +97.8% |
| Taxes, remuneration and social security | 45 | €14,248 | €14,254 | +€6 | 0.0% |
| Taxes | 450/3 | €2,248 | €5,454 | +€3,206 | +142.6% |
| Remuneration and social security | 454/9 | €12,000 | €8,800 | -€3,200 | -26.7% |
| Other operating charges | 640/8 | €2,500 | - | -€2,500 | |
| Gross operating margin | 9900 | €5,768 | €1,795 | -€3,974 | -68.9% |
| Operating profit (loss) | 9901 | €3,268 | €1,795 | -€1,474 | -45.1% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €58 | €521 | +€464 | +803.2% |
| Recurring financial charges | 65 | €58 | €521 | +€464 | +803.2% |
| Profit (loss) for the period before taxes | 9903 | €3,211 | €1,274 | -€1,937 | -60.3% |
| Profit (loss) for the period | 9904 | €3,211 | €1,274 | -€1,937 | -60.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,211 | €1,274 | -€1,937 | -60.3% |
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 2 October 2026 via checked.be.