INGENS: 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.
INGENS
Largest movements
- Cash +€56,037
up €56,037 (+77.3%), from €72,487 to €128,524
mainly Net result for the year (+€38,896) and Receivables within one year (+€29,777)
- Receivables within one year -€29,777
down €29,777 (-51.2%), from €58,178 to €28,401
of which Trade receivables: -€17,068
- Profit (loss) carried forward +€38,896
up €38,896 (+177.0%), from €21,981 to €60,876
- Tax, wage and social debts -€13,177
down €13,177 (-32.6%), from €40,425 to €27,248
- Gross operating margin -€27,518
down €27,518 (-35.4%), from €77,762 to €50,245
- Other operating charges -€9,978
down €9,978 (-95.7%), from €10,427 to €450
- Taxes -€8,980
down €8,980 (-55.8%), from €16,100 to €7,120
- Staff costs +€1,920
new in 2025: €1,920
- Depreciation -€1,566
down €1,566 (-61.5%), from €2,548 to €982
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 | €132,014 | €157,125 | +€25,110 | +19.0% |
| Fixed assets | 21/28 | €1,182 | €200 | -€982 | -83.1% |
| Tangible fixed assets | 22/27 | €1,182 | €200 | -€982 | -83.1% |
| Plant, machinery and equipment | 23 | - | €181 | +€181 | |
| Furniture and vehicles | 24 | €1,182 | €19 | -€1,163 | -98.4% |
| Current assets | 29/58 | €130,833 | €156,925 | +€26,093 | +19.9% |
| Amounts receivable within one year | 40/41 | €58,178 | €28,401 | -€29,777 | -51.2% |
| Trade receivables | 40 | €33,729 | €16,662 | -€17,068 | -50.6% |
| Other amounts receivable | 41 | €24,449 | €11,740 | -€12,710 | -52.0% |
| Cash at bank and in hand | 54/58 | €72,487 | €128,524 | +€56,037 | +77.3% |
| Deferred charges and accrued income | 490/1 | €167 | - | -€167 | |
| Total equity and liabilities | 10/49 | €132,014 | €157,125 | +€25,110 | +19.0% |
| Equity | 10/15 | €90,981 | €129,876 | +€38,896 | +42.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €64,000 | €64,000 | = | 0.0% |
| Distributable reserves | 133 | €64,000 | €64,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,981 | €60,876 | +€38,896 | +177.0% |
| Amounts payable | 17/49 | €41,034 | €27,248 | -€13,785 | -33.6% |
| Amounts payable within one year | 42/48 | €40,425 | €27,248 | -€13,177 | -32.6% |
| Taxes, remuneration and social security | 45 | €40,425 | €27,248 | -€13,177 | -32.6% |
| Taxes | 450/3 | €40,425 | €27,248 | -€13,177 | -32.6% |
| Accrued charges and deferred income | 492/3 | €608 | - | -€608 | |
| Remuneration, social security and pensions | 62 | - | €1,920 | +€1,920 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,548 | €982 | -€1,566 | -61.5% |
| Other operating charges | 640/8 | €10,427 | €450 | -€9,978 | -95.7% |
| Gross operating margin | 9900 | €77,762 | €50,245 | -€27,518 | -35.4% |
| Operating profit (loss) | 9901 | €64,787 | €46,893 | -€17,894 | -27.6% |
| Financial income | 75/76B | - | €770 | +€770 | |
| Recurring financial income | 75 | - | €770 | +€770 | |
| Financial charges | 65/66B | €1,928 | €1,647 | -€282 | -14.6% |
| Recurring financial charges | 65 | €1,928 | €1,647 | -€282 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €62,858 | €46,016 | -€16,843 | -26.8% |
| Income taxes | 67/77 | €16,100 | €7,120 | -€8,980 | -55.8% |
| Profit (loss) for the period | 9904 | €46,758 | €38,896 | -€7,863 | -16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €46,758 | €38,896 | -€7,863 | -16.8% |
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.