INGESTIC: 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.
INGESTIC
Largest movements
- Current investments -€900,000
no longer reported in 2025 (was €900,000)
- Cash +€708,718
up €708,718 (+262%), from €270,424 to €979,142
mainly Current investments (+€900,000) and Trade debts (+€135,832)
- Tangible fixed assets +€65,736
up €65,736 (+282%), from €23,326 to €89,062
of which Furniture and vehicles: +€68,689
- Receivables within one year +€64,017
up €64,017 (+28.0%), from €228,875 to €292,892
of which Trade receivables: +€57,205
- Intangible fixed assets +€43,535
up €43,535 (+33.3%), from €130,865 to €174,400
- Trade debts +€135,832
up €135,832 (+23.1%), from €587,218 to €723,050
- Tax, wage and social debts -€108,485
down €108,485 (-39.3%), from €275,730 to €167,245
of which Taxes: -€66,567
- Profit (loss) carried forward -€83,466
down €83,466 (-21.7%), from €384,623 to €301,157
- Debts after one year +€55,807
new in 2025: €55,807
- Accrued charges and deferred income -€18,154
no longer reported in 2025 (was €18,154)
- Gross operating margin +€165,261
up €165,261 (+15.0%), from €1.1m to €1.3m
- Staff costs +€160,118
up €160,118 (+16.0%), from €1.0m to €1.2m
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 | €1,564,545 | €1,559,004 | -€5,541 | -0.4% |
| Fixed assets | 21/28 | €159,722 | €268,993 | +€109,271 | +68.4% |
| Intangible fixed assets | 21 | €130,865 | €174,400 | +€43,535 | +33.3% |
| Tangible fixed assets | 22/27 | €23,326 | €89,062 | +€65,736 | +282% |
| Furniture and vehicles | 24 | €14,678 | €83,367 | +€68,689 | +468% |
| Other tangible fixed assets | 26 | €8,648 | €5,695 | -€2,953 | -34.1% |
| Financial fixed assets | 28 | €5,531 | €5,531 | = | 0.0% |
| Current assets | 29/58 | €1,404,823 | €1,290,011 | -€114,812 | -8.2% |
| Amounts receivable within one year | 40/41 | €228,875 | €292,892 | +€64,017 | +28.0% |
| Trade receivables | 40 | €228,835 | €286,040 | +€57,205 | +25.0% |
| Other amounts receivable | 41 | €40 | €6,852 | +€6,812 | +17,030% |
| Current investments | 50/53 | €900,000 | - | -€900,000 | |
| Cash at bank and in hand | 54/58 | €270,424 | €979,142 | +€708,718 | +262% |
| Deferred charges and accrued income | 490/1 | €5,524 | €17,977 | +€12,453 | +225% |
| Total equity and liabilities | 10/49 | €1,564,545 | €1,559,004 | -€5,541 | -0.4% |
| Equity | 10/15 | €607,328 | €523,862 | -€83,466 | -13.7% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €203,955 | €203,955 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Tax-exempt reserves | 132 | €202,080 | €101,040 | -€101,040 | -50.0% |
| Distributable reserves | 133 | - | €101,040 | +€101,040 | |
| Profit (loss) carried forward | 14 | €384,623 | €301,157 | -€83,466 | -21.7% |
| Amounts payable | 17/49 | €957,217 | €1,035,142 | +€77,925 | +8.1% |
| Amounts payable after more than one year | 17 | - | €55,807 | +€55,807 | |
| Financial debts | 170/4 | - | €55,807 | +€55,807 | |
| Amounts payable within one year | 42/48 | €939,063 | €979,335 | +€40,272 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | - | €12,925 | +€12,925 | |
| Trade debts | 44 | €587,218 | €723,050 | +€135,832 | +23.1% |
| Suppliers | 440/4 | €587,218 | €723,050 | +€135,832 | +23.1% |
| Taxes, remuneration and social security | 45 | €275,730 | €167,245 | -€108,485 | -39.3% |
| Taxes | 450/3 | €92,065 | €25,498 | -€66,567 | -72.3% |
| Remuneration and social security | 454/9 | €183,665 | €141,747 | -€41,918 | -22.8% |
| Other amounts payable | 47/48 | €76,115 | €76,115 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €18,154 | - | -€18,154 | |
| Remuneration, social security and pensions | 62 | €1,000,139 | €1,160,257 | +€160,118 | +16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,312 | €73,940 | +€4,628 | +6.7% |
| Other operating charges | 640/8 | €968 | €998 | +€30 | +3.1% |
| Gross operating margin | 9900 | €1,100,399 | €1,265,660 | +€165,261 | +15.0% |
| Operating profit (loss) | 9901 | €29,980 | €30,465 | +€485 | +1.6% |
| Financial income | 75/76B | €18,820 | €10,634 | -€8,186 | -43.5% |
| Recurring financial income | 75 | €18,820 | €10,634 | -€8,186 | -43.5% |
| Financial charges | 65/66B | €13,715 | €18,102 | +€4,387 | +32.0% |
| Recurring financial charges | 65 | €13,715 | €18,102 | +€4,387 | +32.0% |
| Profit (loss) for the period before taxes | 9903 | €35,085 | €22,997 | -€12,088 | -34.5% |
| Income taxes | 67/77 | €30,638 | €30,463 | -€175 | -0.6% |
| Profit (loss) for the period | 9904 | €4,447 | -€7,466 | -€11,913 | |
| Transfer from tax-exempt reserves | 789 | - | €101,040 | +€101,040 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,447 | €93,574 | +€89,127 | +2,004% |
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 30 October 2026 via checked.be.