IngenioS: 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.
IngenioS
Largest movements
- Tangible fixed assets +€51,641
up €51,641 (+714.4%), from €7,229 to €58,870
of which Furniture and vehicles: +€41,971
- Cash -€17,299
down €17,299 (-38.2%), from €45,330 to €28,031
mainly Investment in fixed assets (net) (-€66,149) and Contributions, distributions and other (-€11,663)
- Receivables within one year -€2,411
down €2,411 (-7.8%), from €30,936 to €28,525
of which Trade receivables: -€1,345
- Debts after one year +€17,864
up €17,864, from €0 to €17,864
- Reserves +€10,624
up €10,624 (+14.8%), from €71,948 to €82,572
of which Distributable reserves: +€10,624
- Current portion of long-term debt +€5,357
up €5,357 (+217.7%), from €2,461 to €7,818
- Trade debts -€4,375
down €4,375 (-77.7%), from €5,631 to €1,256
- Other debts +€3,049
new in 2025: €3,049
- Gross operating margin +€10,077
up €10,077 (+27.1%), from €37,224 to €47,301
- Depreciation +€3,315
up €3,315 (+29.6%), from €11,193 to €14,508
- Financial charges +€927
up €927 (+561.4%), from €165 to €1,093
- Other operating charges -€770
down €770 (-38.3%), from €2,013 to €1,243
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 | €143,653 | €175,576 | +€31,923 | +22.2% |
| Fixed assets | 21/28 | €17,229 | €68,870 | +€51,641 | +299.7% |
| Tangible fixed assets | 22/27 | €7,229 | €58,870 | +€51,641 | +714.4% |
| Furniture and vehicles | 24 | €714 | €42,685 | +€41,971 | +5879.5% |
| Leasing and similar rights | 25 | €3,750 | €0 | -€3,750 | -100.0% |
| Other tangible fixed assets | 26 | €2,765 | €16,185 | +€13,420 | +485.3% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €126,423 | €106,706 | -€19,718 | -15.6% |
| Amounts receivable within one year | 40/41 | €30,936 | €28,525 | -€2,411 | -7.8% |
| Trade receivables | 40 | €29,870 | €28,525 | -€1,345 | -4.5% |
| Other amounts receivable | 41 | €1,066 | €0 | -€1,066 | -100.0% |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €45,330 | €28,031 | -€17,299 | -38.2% |
| Deferred charges and accrued income | 490/1 | €157 | €149 | -€8 | -5.1% |
| Total equity and liabilities | 10/49 | €143,653 | €175,576 | +€31,923 | +22.2% |
| Equity | 10/15 | €126,722 | €137,346 | +€10,624 | +8.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €71,948 | €82,572 | +€10,624 | +14.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €71,948 | €82,572 | +€10,624 | +14.8% |
| Profit (loss) carried forward | 14 | €42,374 | €42,374 | = | 0.0% |
| Amounts payable | 17/49 | €16,931 | €38,230 | +€21,299 | +125.8% |
| Amounts payable after more than one year | 17 | €0 | €17,864 | +€17,864 | |
| Financial debts | 170/4 | €0 | €17,864 | +€17,864 | |
| Amounts payable within one year | 42/48 | €16,931 | €20,021 | +€3,090 | +18.3% |
| Current portion of amounts payable after more than one year | 42 | €2,461 | €7,818 | +€5,357 | +217.7% |
| Trade debts | 44 | €5,631 | €1,256 | -€4,375 | -77.7% |
| Suppliers | 440/4 | €5,631 | €1,256 | -€4,375 | -77.7% |
| Taxes, remuneration and social security | 45 | €8,839 | €7,899 | -€940 | -10.6% |
| Taxes | 450/3 | €8,839 | €7,899 | -€940 | -10.6% |
| Other amounts payable | 47/48 | - | €3,049 | +€3,049 | |
| Accrued charges and deferred income | 492/3 | - | €345 | +€345 | |
| Non-recurring operating income | 76A | - | €12,669 | +€12,669 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,193 | €14,508 | +€3,315 | +29.6% |
| Other operating charges | 640/8 | €2,013 | €1,243 | -€770 | -38.3% |
| Gross operating margin | 9900 | €37,224 | €47,301 | +€10,077 | +27.1% |
| Operating profit (loss) | 9901 | €24,018 | €31,550 | +€7,532 | +31.4% |
| Financial income | 75/76B | €167 | €137 | -€30 | -17.9% |
| Recurring financial income | 75 | €167 | €137 | -€30 | -17.9% |
| Financial charges | 65/66B | €165 | €1,093 | +€927 | +561.4% |
| Recurring financial charges | 65 | €165 | €1,093 | +€927 | +561.4% |
| Profit (loss) for the period before taxes | 9903 | €24,020 | €30,595 | +€6,575 | +27.4% |
| Income taxes | 67/77 | €8,358 | €8,308 | -€50 | -0.6% |
| Profit (loss) for the period | 9904 | €15,662 | €22,287 | +€6,626 | +42.3% |
| Profit (loss) for the period to be appropriated | 9905 | €15,662 | €22,287 | +€6,626 | +42.3% |
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 10 October 2026 via checked.be.