INGENIQS: 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.
INGENIQS
Largest movements
- Cash +€245,259
up €245,259 (+1,578%), from €15,542 to €260,801
mainly Current investments (+€135,096) and Net result for the year (+€109,079)
- Current investments -€135,096
down €135,096 (-100%), from €135,096 to €0
- Receivables within one year -€60,324
down €60,324 (-25.5%), from €236,414 to €176,090
of which Trade receivables: -€67,826
- Tangible fixed assets +€29,441
up €29,441 (+125%), from €23,589 to €53,030
of which Plant, machinery and equipment: +€32,904
- Deferred charges and accrued income +€17,842
up €17,842 (+247%), from €7,223 to €25,064
- Profit (loss) carried forward +€109,079
up €109,079 (+81.1%), from €134,454 to €243,533
- Investment grants +€54,083
new in 2025: €54,083
- Trade debts -€46,487
down €46,487 (-46.5%), from €99,962 to €53,475
- Accrued charges and deferred income -€45,600
down €45,600 (-100%), from €45,600 to €0
- Tax, wage and social debts +€28,101
up €28,101 (+34.7%), from €81,088 to €109,189
of which Remuneration and social security: +€26,011
- Financial income +€145,044
up €145,044 (+243,118%), from €60 to €145,104
- Staff costs +€119,185
up €119,185 (+52.2%), from €228,436 to €347,621
- Gross operating margin -€92,156
down €92,156 (-21.7%), from €424,060 to €331,904
- Taxes -€43,225
down €43,225 (-96.1%), from €45,000 to €1,775
- Depreciation +€11,394
up €11,394 (+185%), from €6,145 to €17,539
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 | €421,104 | €521,321 | +€100,217 | +23.8% |
| Fixed assets | 21/28 | €26,829 | €59,366 | +€32,537 | +121% |
| Tangible fixed assets | 22/27 | €23,589 | €53,030 | +€29,441 | +125% |
| Land and buildings | 22 | €1,306 | €1,028 | -€279 | -21.3% |
| Plant, machinery and equipment | 23 | €7,736 | €40,640 | +€32,904 | +425% |
| Furniture and vehicles | 24 | €14,546 | €11,362 | -€3,184 | -21.9% |
| Financial fixed assets | 28 | €3,240 | €6,336 | +€3,096 | +95.6% |
| Current assets | 29/58 | €394,275 | €461,955 | +€67,680 | +17.2% |
| Amounts receivable within one year | 40/41 | €236,414 | €176,090 | -€60,324 | -25.5% |
| Trade receivables | 40 | €157,705 | €89,879 | -€67,826 | -43.0% |
| Other amounts receivable | 41 | €78,709 | €86,211 | +€7,502 | +9.5% |
| Current investments | 50/53 | €135,096 | €0 | -€135,096 | -100% |
| Cash at bank and in hand | 54/58 | €15,542 | €260,801 | +€245,259 | +1,578% |
| Deferred charges and accrued income | 490/1 | €7,223 | €25,064 | +€17,842 | +247% |
| Total equity and liabilities | 10/49 | €421,104 | €521,321 | +€100,217 | +23.8% |
| Equity | 10/15 | €194,454 | €357,616 | +€163,163 | +83.9% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €134,454 | €243,533 | +€109,079 | +81.1% |
| Investment grants | 15 | - | €54,083 | +€54,083 | |
| Amounts payable | 17/49 | €226,650 | €163,705 | -€62,945 | -27.8% |
| Amounts payable within one year | 42/48 | €181,050 | €163,705 | -€17,345 | -9.6% |
| Trade debts | 44 | €99,962 | €53,475 | -€46,487 | -46.5% |
| Suppliers | 440/4 | €99,962 | €53,475 | -€46,487 | -46.5% |
| Taxes, remuneration and social security | 45 | €81,088 | €109,189 | +€28,101 | +34.7% |
| Taxes | 450/3 | €45,332 | €47,422 | +€2,090 | +4.6% |
| Remuneration and social security | 454/9 | €35,755 | €61,766 | +€26,011 | +72.7% |
| Other amounts payable | 47/48 | - | €1,040 | +€1,040 | |
| Accrued charges and deferred income | 492/3 | €45,600 | €0 | -€45,600 | -100% |
| Remuneration, social security and pensions | 62 | €228,436 | €347,621 | +€119,185 | +52.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,145 | €17,539 | +€11,394 | +185% |
| Other operating charges | 640/8 | €244 | €997 | +€753 | +308% |
| Gross operating margin | 9900 | €424,060 | €331,904 | -€92,156 | -21.7% |
| Operating profit (loss) | 9901 | €189,235 | -€34,253 | -€223,488 | |
| Financial income | 75/76B | €60 | €145,104 | +€145,044 | +243,118% |
| Recurring financial income | 75 | €60 | €145,104 | +€145,044 | +243,118% |
| Financial charges | 65/66B | €196 | -€3 | -€199 | |
| Recurring financial charges | 65 | €196 | -€3 | -€199 | |
| Profit (loss) for the period before taxes | 9903 | €189,099 | €110,854 | -€78,245 | -41.4% |
| Income taxes | 67/77 | €45,000 | €1,775 | -€43,225 | -96.1% |
| Profit (loss) for the period | 9904 | €144,099 | €109,079 | -€35,019 | -24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €144,099 | €109,079 | -€35,019 | -24.3% |
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 19 October 2026 via checked.be.