INEXISS: 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.
INEXISS
Largest movements
- Cash +€44,479
up €44,479 (+57.2%), from €77,736 to €122,215
mainly Net result for the year (+€45,753) and Depreciation (+€45,319)
- Tangible fixed assets -€32,505
down €32,505 (-2.9%), from €1.1m to €1.1m
of which Land and buildings: -€27,087
- Reserves +€45,753
up €45,753 (+9.5%), from €481,209 to €526,962
of which Distributable reserves: +€55,753
- Debts after one year -€38,993
down €38,993 (-13.7%), from €283,890 to €244,897
- Gross operating margin -€24,617
down €24,617 (-17.0%), from €144,825 to €120,208
- Taxes -€1,684
down €1,684 (-7.4%), from €22,719 to €21,035
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 | €1,303,226 | €1,304,470 | +€1,244 | +0.1% |
| Fixed assets | 21/28 | €1,138,983 | €1,106,478 | -€32,505 | -2.9% |
| Tangible fixed assets | 22/27 | €1,138,933 | €1,106,428 | -€32,505 | -2.9% |
| Land and buildings | 22 | €1,125,409 | €1,098,322 | -€27,087 | -2.4% |
| Plant, machinery and equipment | 23 | €9,666 | €7,273 | -€2,393 | -24.8% |
| Furniture and vehicles | 24 | €3,858 | €833 | -€3,025 | -78.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €164,243 | €197,992 | +€33,749 | +20.5% |
| Amounts receivable within one year | 40/41 | €80,914 | €68,643 | -€12,271 | -15.2% |
| Trade receivables | 40 | €16,254 | €15,246 | -€1,008 | -6.2% |
| Other amounts receivable | 41 | €64,660 | €53,397 | -€11,263 | -17.4% |
| Cash at bank and in hand | 54/58 | €77,736 | €122,215 | +€44,479 | +57.2% |
| Deferred charges and accrued income | 490/1 | €5,593 | €7,134 | +€1,541 | +27.6% |
| Total equity and liabilities | 10/49 | €1,303,226 | €1,304,470 | +€1,244 | +0.1% |
| Equity | 10/15 | €942,105 | €987,858 | +€45,753 | +4.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €481,209 | €526,962 | +€45,753 | +9.5% |
| Non-distributable reserves | 130/1 | €18,880 | €8,880 | -€10,000 | -53.0% |
| Reserves not available under the articles | 1311 | €8,880 | €8,880 | = | 0.0% |
| Other | 1319 | €10,000 | - | -€10,000 | |
| Distributable reserves | 133 | €462,329 | €518,082 | +€55,753 | +12.1% |
| Profit (loss) carried forward | 14 | €442,346 | €442,346 | = | 0.0% |
| Amounts payable | 17/49 | €361,121 | €316,612 | -€44,509 | -12.3% |
| Amounts payable after more than one year | 17 | €283,890 | €244,897 | -€38,993 | -13.7% |
| Financial debts | 170/4 | €283,890 | €244,897 | -€38,993 | -13.7% |
| Amounts payable within one year | 42/48 | €77,231 | €71,715 | -€5,516 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €38,331 | €38,994 | +€663 | +1.7% |
| Trade debts | 44 | €2,860 | €1,759 | -€1,101 | -38.5% |
| Suppliers | 440/4 | €2,860 | €1,759 | -€1,101 | -38.5% |
| Taxes, remuneration and social security | 45 | €9,146 | €8,098 | -€1,048 | -11.5% |
| Taxes | 450/3 | €9,146 | €8,098 | -€1,048 | -11.5% |
| Other amounts payable | 47/48 | €26,894 | €22,864 | -€4,030 | -15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,744 | €45,319 | -€425 | -0.9% |
| Other operating charges | 640/8 | €2,325 | €2,421 | +€96 | +4.1% |
| Gross operating margin | 9900 | €144,825 | €120,208 | -€24,617 | -17.0% |
| Operating profit (loss) | 9901 | €96,756 | €72,468 | -€24,288 | -25.1% |
| Financial charges | 65/66B | €6,351 | €5,680 | -€671 | -10.6% |
| Recurring financial charges | 65 | €6,351 | €5,680 | -€671 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €90,405 | €66,788 | -€23,617 | -26.1% |
| Income taxes | 67/77 | €22,719 | €21,035 | -€1,684 | -7.4% |
| Profit (loss) for the period | 9904 | €67,686 | €45,753 | -€21,933 | -32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €67,686 | €45,753 | -€21,933 | -32.4% |
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 15 October 2026 via checked.be.