INESALIGN: 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.
INESALIGN
Largest movements
- Cash +€6,394
up €6,394 (+410%), from €1,559 to €7,954
mainly Net result for the year (+€14,080) and Tax, wage and social debts (+€267)
- Tangible fixed assets +€5,238
up €5,238, from €0 to €5,238
- Receivables within one year +€2,719
up €2,719 (+23.9%), from €11,382 to €14,101
- Profit (loss) carried forward +€14,080
up €14,080 (+61.7%), from -€22,829 to -€8,749
- Gross operating margin +€12,443
up €12,443 (+688%), from €1,807 to €14,250
- Depreciation -€201
down €201 (-62.8%), from €320 to €119
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 | €13,069 | €27,418 | +€14,348 | +110% |
| Fixed assets | 21/28 | €0 | €5,238 | +€5,238 | |
| Tangible fixed assets | 22/27 | €0 | €5,238 | +€5,238 | |
| Furniture and vehicles | 24 | €0 | €5,238 | +€5,238 | |
| Current assets | 29/58 | €13,069 | €22,180 | +€9,111 | +69.7% |
| Amounts receivable within one year | 40/41 | €11,382 | €14,101 | +€2,719 | +23.9% |
| Other amounts receivable | 41 | €11,382 | €14,101 | +€2,719 | +23.9% |
| Cash at bank and in hand | 54/58 | €1,559 | €7,954 | +€6,394 | +410% |
| Deferred charges and accrued income | 490/1 | €128 | €126 | -€3 | -2.3% |
| Total equity and liabilities | 10/49 | €13,069 | €27,418 | +€14,348 | +110% |
| Equity | 10/15 | €12,828 | €26,908 | +€14,080 | +110% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €25,657 | €25,657 | = | 0.0% |
| Distributable reserves | 133 | €25,657 | €25,657 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,829 | -€8,749 | +€14,080 | +61.7% |
| Amounts payable | 17/49 | €241 | €510 | +€268 | +111% |
| Amounts payable within one year | 42/48 | €241 | €510 | +€268 | +111% |
| Trade debts | 44 | €23 | €24 | +€1 | +4.3% |
| Suppliers | 440/4 | €23 | €24 | +€1 | +4.3% |
| Taxes, remuneration and social security | 45 | €218 | €486 | +€267 | +122% |
| Taxes | 450/3 | €218 | €486 | +€267 | +122% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €320 | €119 | -€201 | -62.8% |
| Other operating charges | 640/8 | €291 | €285 | -€6 | -2.2% |
| Gross operating margin | 9900 | €1,807 | €14,250 | +€12,443 | +688% |
| Operating profit (loss) | 9901 | €1,196 | €13,847 | +€12,650 | +1,058% |
| Financial income | 75/76B | €670 | €628 | -€41 | -6.1% |
| Recurring financial income | 75 | €670 | €628 | -€41 | -6.1% |
| Financial charges | 65/66B | €119 | €128 | +€9 | +7.2% |
| Recurring financial charges | 65 | €119 | €128 | +€9 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €1,747 | €14,347 | +€12,601 | +721% |
| Income taxes | 67/77 | €218 | €267 | +€49 | +22.4% |
| Profit (loss) for the period | 9904 | €1,528 | €14,080 | +€12,552 | +821% |
| Profit (loss) for the period to be appropriated | 9905 | €1,528 | €14,080 | +€12,552 | +821% |
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 1 November 2026 via checked.be.