INGABIRÉ: 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.
INGABIRÉ
Largest movements
- Cash +€14,213
up €14,213 (+127.1%), from €11,186 to €25,399
mainly Net result for the year (+€29,647) and Trade debts (+€13,701)
- Tangible fixed assets -€4,931
no longer reported in 2025 (was €4,931)
- Receivables within one year -€1,007
down €1,007 (-4.0%), from €25,410 to €24,403
- Trade debts +€13,701
up €13,701 (+832.2%), from €1,646 to €15,347
- Profit (loss) carried forward -€8,103
down €8,103 (-97.1%), from €8,344 to €241
- Tax, wage and social debts +€2,913
up €2,913 (+9.3%), from €31,277 to €34,190
- Taxes -€11,411
down €11,411 (-55.5%), from €20,565 to €9,154
- Gross operating margin -€9,398
down €9,398 (-17.4%), from €53,860 to €44,462
- Depreciation +€4,607
up €4,607 (+1423.7%), from €324 to €4,931
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 | €41,527 | €49,802 | +€8,275 | +19.9% |
| Fixed assets | 21/28 | €4,931 | - | -€4,931 | |
| Tangible fixed assets | 22/27 | €4,931 | - | -€4,931 | |
| Furniture and vehicles | 24 | €4,931 | - | -€4,931 | |
| Current assets | 29/58 | €36,596 | €49,802 | +€13,206 | +36.1% |
| Amounts receivable within one year | 40/41 | €25,410 | €24,403 | -€1,007 | -4.0% |
| Trade receivables | 40 | €25,410 | €24,403 | -€1,007 | -4.0% |
| Cash at bank and in hand | 54/58 | €11,186 | €25,399 | +€14,213 | +127.1% |
| Total equity and liabilities | 10/49 | €41,527 | €49,802 | +€8,275 | +19.9% |
| Equity | 10/15 | €8,345 | €242 | -€8,103 | -97.1% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Outside capital | 11 | €1 | €1 | = | 0.0% |
| Other | 1109/19 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,344 | €241 | -€8,103 | -97.1% |
| Amounts payable | 17/49 | €33,182 | €49,560 | +€16,378 | +49.4% |
| Amounts payable within one year | 42/48 | €33,182 | €49,560 | +€16,378 | +49.4% |
| Trade debts | 44 | €1,646 | €15,347 | +€13,701 | +832.2% |
| Suppliers | 440/4 | €1,646 | €15,347 | +€13,701 | +832.2% |
| Taxes, remuneration and social security | 45 | €31,277 | €34,190 | +€2,913 | +9.3% |
| Taxes | 450/3 | €31,277 | €34,190 | +€2,913 | +9.3% |
| Other amounts payable | 47/48 | €259 | €23 | -€236 | -90.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €324 | €4,931 | +€4,607 | +1423.7% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €53,860 | €44,462 | -€9,398 | -17.4% |
| Operating profit (loss) | 9901 | €53,149 | €39,132 | -€14,018 | -26.4% |
| Financial charges | 65/66B | €157 | €330 | +€173 | +110.6% |
| Recurring financial charges | 65 | €157 | €330 | +€173 | +110.6% |
| Profit (loss) for the period before taxes | 9903 | €52,992 | €38,801 | -€14,191 | -26.8% |
| Income taxes | 67/77 | €20,565 | €9,154 | -€11,411 | -55.5% |
| Profit (loss) for the period | 9904 | €32,427 | €29,647 | -€2,780 | -8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €32,427 | €29,647 | -€2,780 | -8.6% |
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 8 October 2026 via checked.be.