INEVA: 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.
INEVA
Largest movements
- Cash -€9,122
down €9,122 (-17.1%), from €53,319 to €44,197
mainly Contributions, distributions and other (-€55,000) and Receivables within one year (-€4,294)
- Receivables within one year +€4,294
up €4,294 (+26.9%), from €15,937 to €20,232
of which Trade receivables: +€4,749
- Other debts -€3,963
down €3,963 (-6.4%), from €61,850 to €57,887
- Tax, wage and social debts -€1,219
down €1,219 (-14.8%), from €8,222 to €7,002
- Financial charges +€1,039
up €1,039 (+1295.5%), from €80 to €1,119
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.
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 | €73,409 | €68,729 | -€4,681 | -6.4% |
| Fixed assets | 21/28 | €3,475 | €3,122 | -€353 | -10.2% |
| Tangible fixed assets | 22/27 | €3,475 | €3,122 | -€353 | -10.2% |
| Furniture and vehicles | 24 | €3,475 | €3,122 | -€353 | -10.2% |
| Current assets | 29/58 | €69,934 | €65,607 | -€4,328 | -6.2% |
| Amounts receivable within one year | 40/41 | €15,937 | €20,232 | +€4,294 | +26.9% |
| Trade receivables | 40 | €15,482 | €20,232 | +€4,749 | +30.7% |
| Other amounts receivable | 41 | €455 | - | -€455 | |
| Cash at bank and in hand | 54/58 | €53,319 | €44,197 | -€9,122 | -17.1% |
| Deferred charges and accrued income | 490/1 | €678 | €1,178 | +€500 | +73.6% |
| Total equity and liabilities | 10/49 | €73,409 | €68,729 | -€4,681 | -6.4% |
| Equity | 10/15 | €1,000 | €1,539 | +€539 | +53.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €539 | +€539 | |
| Distributable reserves | 133 | - | €539 | +€539 | |
| Amounts payable | 17/49 | €72,409 | €67,190 | -€5,220 | -7.2% |
| Amounts payable within one year | 42/48 | €72,409 | €67,190 | -€5,220 | -7.2% |
| Trade debts | 44 | €2,338 | €2,300 | -€38 | -1.6% |
| Suppliers | 440/4 | €2,338 | €2,300 | -€38 | -1.6% |
| Taxes, remuneration and social security | 45 | €8,222 | €7,002 | -€1,219 | -14.8% |
| Taxes | 450/3 | €8,222 | €7,002 | -€1,219 | -14.8% |
| Other amounts payable | 47/48 | €61,850 | €57,887 | -€3,963 | -6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53 | €353 | +€300 | +565.4% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €77,760 | €77,618 | -€141 | -0.2% |
| Operating profit (loss) | 9901 | €77,179 | €76,722 | -€457 | -0.6% |
| Financial income | 75/76B | €305 | - | -€305 | |
| Recurring financial income | 75 | €305 | - | -€305 | |
| Financial charges | 65/66B | €80 | €1,119 | +€1,039 | +1295.5% |
| Recurring financial charges | 65 | €80 | €1,119 | +€1,039 | +1295.5% |
| Profit (loss) for the period before taxes | 9903 | €77,403 | €75,603 | -€1,800 | -2.3% |
| Income taxes | 67/77 | €20,048 | €20,064 | +€16 | +0.1% |
| Profit (loss) for the period | 9904 | €57,355 | €55,539 | -€1,817 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €57,355 | €55,539 | -€1,817 | -3.2% |
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 4 October 2026 via checked.be.