Inge Diels: 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.
Inge Diels
Largest movements
- Cash -€435,432
down €435,432 (-71.9%), from €605,909 to €170,477
mainly Contributions, distributions and other (-€580,635) and Other debts (-€100,659)
- Current investments +€100,000
up €100,000 (+50.0%), from €200,000 to €300,000
- Reserves -€192,046
down €192,046 (-100.0%), from €192,046 to €0
- Other debts -€100,659
down €100,659 (-20.6%), from €489,295 to €388,635
- Tax, wage and social debts -€39,959
down €39,959 (-34.2%), from €116,851 to €76,892
- Gross operating margin +€47,500
up €47,500 (+9.9%), from €481,119 to €528,619
- Taxes +€12,815
up €12,815 (+11.0%), from €115,992 to €128,807
- Other operating charges -€9,994
down €9,994 (-77.4%), from €12,912 to €2,919
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 | €823,811 | €491,944 | -€331,867 | -40.3% |
| Fixed assets | 21/28 | €17,902 | €16,062 | -€1,840 | -10.3% |
| Tangible fixed assets | 22/27 | €17,902 | €16,062 | -€1,840 | -10.3% |
| Furniture and vehicles | 24 | €17,902 | €16,062 | -€1,840 | -10.3% |
| Current assets | 29/58 | €805,909 | €475,881 | -€330,028 | -41.0% |
| Amounts receivable within one year | 40/41 | - | €5,405 | +€5,405 | |
| Other amounts receivable | 41 | - | €5,405 | +€5,405 | |
| Current investments | 50/53 | €200,000 | €300,000 | +€100,000 | +50.0% |
| Cash at bank and in hand | 54/58 | €605,909 | €170,477 | -€435,432 | -71.9% |
| Total equity and liabilities | 10/49 | €823,811 | €491,944 | -€331,867 | -40.3% |
| Equity | 10/15 | €210,646 | €18,600 | -€192,046 | -91.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €192,046 | €0 | -€192,046 | -100.0% |
| Distributable reserves | 133 | €192,046 | €0 | -€192,046 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €613,165 | €473,344 | -€139,821 | -22.8% |
| Amounts payable within one year | 42/48 | €613,165 | €473,344 | -€139,821 | -22.8% |
| Financial debts | 43 | - | €1,528 | +€1,528 | |
| Credit institutions | 430/8 | - | €1,528 | +€1,528 | |
| Trade debts | 44 | €7,019 | €6,288 | -€731 | -10.4% |
| Suppliers | 440/4 | €7,019 | €6,288 | -€731 | -10.4% |
| Taxes, remuneration and social security | 45 | €116,851 | €76,892 | -€39,959 | -34.2% |
| Taxes | 450/3 | €116,851 | €76,892 | -€39,959 | -34.2% |
| Other amounts payable | 47/48 | €489,295 | €388,635 | -€100,659 | -20.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,003 | €6,014 | +€11 | +0.2% |
| Other operating charges | 640/8 | €12,912 | €2,919 | -€9,994 | -77.4% |
| Non-recurring operating charges | 66A | €2,536 | €0 | -€2,536 | -100.0% |
| Gross operating margin | 9900 | €481,119 | €528,619 | +€47,500 | +9.9% |
| Operating profit (loss) | 9901 | €459,668 | €519,687 | +€60,019 | +13.1% |
| Financial income | 75/76B | €0 | €2 | +€2 | +9050.0% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +9050.0% |
| Financial charges | 65/66B | €2,334 | €2,292 | -€41 | -1.8% |
| Recurring financial charges | 65 | €2,334 | €2,292 | -€41 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €457,335 | €517,396 | +€60,062 | +13.1% |
| Income taxes | 67/77 | €115,992 | €128,807 | +€12,815 | +11.0% |
| Profit (loss) for the period | 9904 | €341,343 | €388,589 | +€47,246 | +13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €341,343 | €388,589 | +€47,246 | +13.8% |
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.