Ingenio & Co: 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.
Ingenio & Co
Largest movements
- Receivables within one year -€19,651
down €19,651 (-3.6%), from €542,359 to €522,707
of which Trade receivables: -€50,000
- Deferred charges and accrued income +€8,142
up €8,142 (+472%), from €1,724 to €9,865
- Tax, wage and social debts -€37,441
down €37,441 (-51.1%), from €73,325 to €35,885
- Reserves +€22,387
up €22,387 (+4.6%), from €487,161 to €509,548
of which Distributable reserves: +€24,247
- Gross operating margin -€7,325
down €7,325 (-30.2%), from €24,283 to €16,958
- Taxes -€3,963
down €3,963 (-20.0%), from €19,771 to €15,807
- Financial income -€728
down €728 (-2.6%), from €27,872 to €27,145
- Depreciation -€639
down €639 (-16.7%), from €3,823 to €3,184
- Other operating charges +€412
up €412 (+31.6%), from €1,303 to €1,715
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 | €570,821 | €557,514 | -€13,308 | -2.3% |
| Fixed assets | 21/28 | €20,366 | €18,432 | -€1,934 | -9.5% |
| Tangible fixed assets | 22/27 | €20,366 | €18,432 | -€1,934 | -9.5% |
| Plant, machinery and equipment | 23 | €17,139 | €16,766 | -€373 | -2.2% |
| Furniture and vehicles | 24 | €3,227 | €1,666 | -€1,561 | -48.4% |
| Current assets | 29/58 | €550,455 | €539,081 | -€11,374 | -2.1% |
| Amounts receivable within one year | 40/41 | €542,359 | €522,707 | -€19,651 | -3.6% |
| Trade receivables | 40 | €50,000 | €0 | -€50,000 | -100% |
| Other amounts receivable | 41 | €492,359 | €522,707 | +€30,349 | +6.2% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €6,373 | €6,509 | +€136 | +2.1% |
| Deferred charges and accrued income | 490/1 | €1,724 | €9,865 | +€8,142 | +472% |
| Total equity and liabilities | 10/49 | €570,821 | €557,514 | -€13,308 | -2.3% |
| Equity | 10/15 | €493,361 | €515,748 | +€22,387 | +4.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €487,161 | €509,548 | +€22,387 | +4.6% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €485,301 | €509,548 | +€24,247 | +5.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €77,460 | €41,765 | -€35,695 | -46.1% |
| Amounts payable within one year | 42/48 | €77,460 | €41,765 | -€35,695 | -46.1% |
| Financial debts | 43 | €2,678 | €658 | -€2,020 | -75.4% |
| Credit institutions | 430/8 | - | €658 | +€658 | |
| Other loans | 439 | €2,678 | €0 | -€2,678 | -100% |
| Trade debts | 44 | €1,457 | €5,223 | +€3,766 | +258% |
| Suppliers | 440/4 | €1,457 | €5,223 | +€3,766 | +258% |
| Taxes, remuneration and social security | 45 | €73,325 | €35,885 | -€37,441 | -51.1% |
| Taxes | 450/3 | €73,325 | €35,885 | -€37,441 | -51.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,823 | €3,184 | -€639 | -16.7% |
| Other operating charges | 640/8 | €1,303 | €1,715 | +€412 | +31.6% |
| Gross operating margin | 9900 | €24,283 | €16,958 | -€7,325 | -30.2% |
| Operating profit (loss) | 9901 | €19,156 | €12,059 | -€7,098 | -37.1% |
| Financial income | 75/76B | €27,872 | €27,145 | -€728 | -2.6% |
| Recurring financial income | 75 | €27,872 | €27,145 | -€728 | -2.6% |
| Financial charges | 65/66B | €774 | €1,009 | +€235 | +30.3% |
| Recurring financial charges | 65 | €774 | €1,009 | +€235 | +30.3% |
| Profit (loss) for the period before taxes | 9903 | €46,254 | €38,194 | -€8,060 | -17.4% |
| Income taxes | 67/77 | €19,771 | €15,807 | -€3,963 | -20.0% |
| Profit (loss) for the period | 9904 | €26,484 | €22,387 | -€4,097 | -15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,484 | €22,387 | -€4,097 | -15.5% |
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 20 October 2026 via checked.be.