INGELBRECHT SYLVIE: 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.
INGELBRECHT SYLVIE
Largest movements
- Tangible fixed assets -€11,589
down €11,589 (-17.3%), from €67,075 to €55,487
of which Land and buildings: -€12,495
- Receivables within one year +€5,723
up €5,723 (+20.8%), from €27,447 to €33,170
- Cash +€1,788
new in 2025: €1,788
mainly Net result for the year (+€15,304) and Depreciation (+€13,062)
- Debts after one year -€20,119
down €20,119 (-67.6%), from €29,780 to €9,661
- Reserves +€15,304
up €15,304 (+36.1%), from €42,413 to €57,717
- Tax, wage and social debts +€3,945
up €3,945 (+70.1%), from €5,630 to €9,574
- Short-term financial debts -€1,736
down €1,736 (-100%), from €1,736 to €0
- Gross operating margin +€15,828
up €15,828 (+62.5%), from €25,309 to €41,136
- Taxes +€4,598
up €4,598 (+103%), from €4,476 to €9,074
- Other operating charges +€1,622
up €1,622 (+285%), from €570 to €2,191
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 | €108,139 | €104,875 | -€3,265 | -3.0% |
| Fixed assets | 21/28 | €67,075 | €55,487 | -€11,589 | -17.3% |
| Tangible fixed assets | 22/27 | €67,075 | €55,487 | -€11,589 | -17.3% |
| Land and buildings | 22 | €66,545 | €54,050 | -€12,495 | -18.8% |
| Plant, machinery and equipment | 23 | - | €1,226 | +€1,226 | |
| Furniture and vehicles | 24 | €530 | €211 | -€320 | -60.3% |
| Current assets | 29/58 | €41,064 | €49,388 | +€8,324 | +20.3% |
| Amounts receivable within one year | 40/41 | €27,447 | €33,170 | +€5,723 | +20.8% |
| Other amounts receivable | 41 | €27,447 | €33,170 | +€5,723 | +20.8% |
| Cash at bank and in hand | 54/58 | - | €1,788 | +€1,788 | |
| Deferred charges and accrued income | 490/1 | €13,617 | €14,429 | +€813 | +6.0% |
| Total equity and liabilities | 10/49 | €108,139 | €104,875 | -€3,265 | -3.0% |
| Equity | 10/15 | €48,613 | €63,917 | +€15,304 | +31.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €42,413 | €57,717 | +€15,304 | +36.1% |
| Distributable reserves | 133 | €42,413 | €57,717 | +€15,304 | +36.1% |
| Amounts payable | 17/49 | €59,527 | €40,957 | -€18,569 | -31.2% |
| Amounts payable after more than one year | 17 | €29,780 | €9,661 | -€20,119 | -67.6% |
| Financial debts | 170/4 | €29,780 | €9,661 | -€20,119 | -67.6% |
| Amounts payable within one year | 42/48 | €29,747 | €31,297 | +€1,550 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | €20,610 | €20,119 | -€490 | -2.4% |
| Financial debts | 43 | €1,736 | €0 | -€1,736 | -100% |
| Credit institutions | 430/8 | €1,736 | €0 | -€1,736 | -100% |
| Trade debts | 44 | €1,771 | €1,603 | -€168 | -9.5% |
| Suppliers | 440/4 | €1,771 | €1,603 | -€168 | -9.5% |
| Taxes, remuneration and social security | 45 | €5,630 | €9,574 | +€3,945 | +70.1% |
| Taxes | 450/3 | €5,630 | €9,574 | +€3,945 | +70.1% |
| Non-recurring operating income | 76A | €750 | €0 | -€750 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,941 | €13,062 | +€122 | +0.9% |
| Other operating charges | 640/8 | €570 | €2,191 | +€1,622 | +285% |
| Gross operating margin | 9900 | €25,309 | €41,136 | +€15,828 | +62.5% |
| Operating profit (loss) | 9901 | €11,799 | €25,883 | +€14,084 | +119% |
| Financial income | 75/76B | €1,423 | €1,787 | +€363 | +25.5% |
| Recurring financial income | 75 | €1,423 | €1,787 | +€363 | +25.5% |
| Financial charges | 65/66B | €3,295 | €3,291 | -€4 | -0.1% |
| Recurring financial charges | 65 | €3,295 | €3,291 | -€4 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €9,927 | €24,378 | +€14,452 | +146% |
| Income taxes | 67/77 | €4,476 | €9,074 | +€4,598 | +103% |
| Profit (loss) for the period | 9904 | €5,451 | €15,304 | +€9,853 | +181% |
| Profit (loss) for the period to be appropriated | 9905 | €5,451 | €15,304 | +€9,853 | +181% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.