INEXTEC: 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.
INEXTEC
Largest movements
- Tangible fixed assets -€26,600
down €26,600 (-23.0%), from €115,574 to €88,974
- Receivables within one year -€5,654
down €5,654 (-72.0%), from €7,854 to €2,200
- Accrued charges and deferred income -€17,000
no longer reported in 2025 (was €17,000)
- Reserves -€13,651
down €13,651 (-25.0%), from €54,598 to €40,947
- Other debts +€8,200
up €8,200 (+200.2%), from €4,097 to €12,297
- Provisions -€4,550
down €4,550 (-14.9%), from €30,593 to €26,042
- Trade debts -€2,931
down €2,931 (-73.5%), from €3,987 to €1,056
- Gross operating margin -€1,982
down €1,982 (-17.4%), from €11,391 to €9,409
- Other operating charges +€252
up €252 (+9.1%), from €2,770 to €3,022
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 | €123,476 | €91,357 | -€32,119 | -26.0% |
| Fixed assets | 21/28 | €115,574 | €88,974 | -€26,600 | -23.0% |
| Tangible fixed assets | 22/27 | €115,574 | €88,974 | -€26,600 | -23.0% |
| Land and buildings | 22 | €115,574 | €88,974 | -€26,600 | -23.0% |
| Current assets | 29/58 | €7,902 | €2,383 | -€5,519 | -69.8% |
| Amounts receivable within one year | 40/41 | €7,854 | €2,200 | -€5,654 | -72.0% |
| Trade receivables | 40 | €7,854 | €2,200 | -€5,654 | -72.0% |
| Cash at bank and in hand | 54/58 | €47 | €183 | +€135 | +286.9% |
| Total equity and liabilities | 10/49 | €123,476 | €91,357 | -€32,119 | -26.0% |
| Equity | 10/15 | €67,799 | €51,961 | -€15,838 | -23.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €54,598 | €40,947 | -€13,651 | -25.0% |
| Tax-exempt reserves | 132 | €54,598 | €40,947 | -€13,651 | -25.0% |
| Profit (loss) carried forward | 14 | -€48,799 | -€50,985 | -€2,186 | -4.5% |
| Provisions and deferred taxes | 16 | €30,593 | €26,042 | -€4,550 | -14.9% |
| Deferred taxes | 168 | €30,593 | €26,042 | -€4,550 | -14.9% |
| Amounts payable | 17/49 | €25,084 | €13,353 | -€11,731 | -46.8% |
| Amounts payable within one year | 42/48 | €8,084 | €13,353 | +€5,269 | +65.2% |
| Trade debts | 44 | €3,987 | €1,056 | -€2,931 | -73.5% |
| Suppliers | 440/4 | €3,987 | €1,056 | -€2,931 | -73.5% |
| Other amounts payable | 47/48 | €4,097 | €12,297 | +€8,200 | +200.2% |
| Accrued charges and deferred income | 492/3 | €17,000 | - | -€17,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,600 | €26,600 | = | 0.0% |
| Other operating charges | 640/8 | €2,770 | €3,022 | +€252 | +9.1% |
| Gross operating margin | 9900 | €11,391 | €9,409 | -€1,982 | -17.4% |
| Operating profit (loss) | 9901 | -€17,979 | -€20,214 | -€2,234 | -12.4% |
| Financial charges | 65/66B | €153 | €175 | +€21 | +13.9% |
| Recurring financial charges | 65 | €153 | €175 | +€21 | +13.9% |
| Profit (loss) for the period before taxes | 9903 | -€18,133 | -€20,388 | -€2,255 | -12.4% |
| Transfer from deferred taxes | 780 | €4,550 | €4,550 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€13,582 | -€15,838 | -€2,255 | -16.6% |
| Transfer from tax-exempt reserves | 789 | €13,651 | €13,651 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €69 | -€2,186 | -€2,255 |
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 3 October 2026 via checked.be.