INGENITEC: 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.
INGENITEC
Largest movements
- Receivables within one year -€20,276
down €20,276 (-63.1%), from €32,138 to €11,862
of which Other amounts receivable: -€14,172
- Deferred charges and accrued income -€9,553
down €9,553 (-59.7%), from €16,014 to €6,461
- Tangible fixed assets -€6,712
down €6,712 (-22.6%), from €29,745 to €23,033
of which Furniture and vehicles: -€4,376
- Cash +€4,618
up €4,618 (+56.6%), from €8,156 to €12,773
mainly Receivables within one year (+€20,276) and Deferred charges and accrued income (+€9,553)
- Stocks and contracts +€4,391
up €4,391 (+25.1%), from €17,515 to €21,906
- Profit (loss) carried forward -€8,279
down €8,279, from €0 to -€8,279
- Trade debts -€6,347
down €6,347 (-70.7%), from €8,975 to €2,628
- Short-term financial debts -€4,415
down €4,415 (-100.0%), from €4,415 to €0
- Debts after one year -€4,374
down €4,374 (-54.3%), from €8,057 to €3,683
- Other debts -€3,929
down €3,929 (-14.2%), from €27,764 to €23,835
- Gross operating margin -€10,126
down €10,126 (-39.1%), from €25,928 to €15,802
- Taxes -€4,498
down €4,498 (-85.9%), from €5,235 to €737
- Depreciation +€1,909
up €1,909 (+29.5%), from €6,466 to €8,375
- Other operating charges -€598
down €598 (-27.9%), from €2,145 to €1,547
- Financial charges +€543
up €543 (+18.5%), from €2,935 to €3,478
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 | €103,829 | €76,036 | -€27,793 | -26.8% |
| Fixed assets | 21/28 | €30,006 | €23,033 | -€6,973 | -23.2% |
| Intangible fixed assets | 21 | €261 | €0 | -€261 | -100.0% |
| Tangible fixed assets | 22/27 | €29,745 | €23,033 | -€6,712 | -22.6% |
| Plant, machinery and equipment | 23 | €9,178 | €7,504 | -€1,674 | -18.2% |
| Furniture and vehicles | 24 | €19,179 | €14,804 | -€4,376 | -22.8% |
| Other tangible fixed assets | 26 | €1,388 | €726 | -€662 | -47.7% |
| Current assets | 29/58 | €73,823 | €53,002 | -€20,820 | -28.2% |
| Stocks and contracts in progress | 3 | €17,515 | €21,906 | +€4,391 | +25.1% |
| Stocks | 30/36 | €17,515 | €21,906 | +€4,391 | +25.1% |
| Amounts receivable within one year | 40/41 | €32,138 | €11,862 | -€20,276 | -63.1% |
| Trade receivables | 40 | €17,967 | €11,862 | -€6,104 | -34.0% |
| Other amounts receivable | 41 | €14,172 | €0 | -€14,172 | -100.0% |
| Cash at bank and in hand | 54/58 | €8,156 | €12,773 | +€4,618 | +56.6% |
| Deferred charges and accrued income | 490/1 | €16,014 | €6,461 | -€9,553 | -59.7% |
| Total equity and liabilities | 10/49 | €103,829 | €76,036 | -€27,793 | -26.8% |
| Equity | 10/15 | €39,984 | €31,705 | -€8,279 | -20.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €33,784 | €33,784 | = | 0.0% |
| Distributable reserves | 133 | €33,784 | €33,784 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€8,279 | -€8,279 | |
| Amounts payable | 17/49 | €63,845 | €44,331 | -€19,514 | -30.6% |
| Amounts payable after more than one year | 17 | €8,057 | €3,683 | -€4,374 | -54.3% |
| Financial debts | 170/4 | €8,057 | €3,683 | -€4,374 | -54.3% |
| Amounts payable within one year | 42/48 | €54,109 | €39,221 | -€14,889 | -27.5% |
| Current portion of amounts payable after more than one year | 42 | €6,664 | €4,374 | -€2,290 | -34.4% |
| Financial debts | 43 | €4,415 | €0 | -€4,415 | -100.0% |
| Credit institutions | 430/8 | €4,415 | €0 | -€4,415 | -100.0% |
| Trade debts | 44 | €8,975 | €2,628 | -€6,347 | -70.7% |
| Suppliers | 440/4 | €8,975 | €2,628 | -€6,347 | -70.7% |
| Taxes, remuneration and social security | 45 | €6,292 | €8,383 | +€2,091 | +33.2% |
| Taxes | 450/3 | €6,292 | €8,383 | +€2,091 | +33.2% |
| Other amounts payable | 47/48 | €27,764 | €23,835 | -€3,929 | -14.2% |
| Accrued charges and deferred income | 492/3 | €1,679 | €1,427 | -€252 | -15.0% |
| Non-recurring operating income | 76A | €1,820 | €0 | -€1,820 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,466 | €8,375 | +€1,909 | +29.5% |
| Other operating charges | 640/8 | €2,145 | €1,547 | -€598 | -27.9% |
| Non-recurring operating charges | 66A | - | €10,000 | +€10,000 | |
| Gross operating margin | 9900 | €25,928 | €15,802 | -€10,126 | -39.1% |
| Operating profit (loss) | 9901 | €17,316 | -€4,120 | -€21,437 | |
| Financial income | 75/76B | €72 | €57 | -€15 | -21.2% |
| Recurring financial income | 75 | €72 | €57 | -€15 | -21.2% |
| Financial charges | 65/66B | €2,935 | €3,478 | +€543 | +18.5% |
| Recurring financial charges | 65 | €2,935 | €3,478 | +€543 | +18.5% |
| Profit (loss) for the period before taxes | 9903 | €14,454 | -€7,542 | -€21,995 | |
| Income taxes | 67/77 | €5,235 | €737 | -€4,498 | -85.9% |
| Profit (loss) for the period | 9904 | €9,218 | -€8,279 | -€17,497 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,218 | -€8,279 | -€17,497 |
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 5 October 2026 via checked.be.