INGETEC: 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.
INGETEC
Largest movements
- Receivables within one year -€66,710
down €66,710 (-87.3%), from €76,397 to €9,688
of which Other amounts receivable: -€44,799
- Cash +€33,263
new in 2025: €33,263
mainly Receivables within one year (+€66,710) and Trade debts (+€16,248)
- Short-term financial debts -€41,033
down €41,033 (-100.0%), from €41,033 to €0
- Trade debts +€16,248
up €16,248 (+299.8%), from €5,420 to €21,668
- Other debts -€11,365
down €11,365 (-62.1%), from €18,300 to €6,935
- Profit (loss) carried forward +€2,370
up €2,370 (+280.3%), from €846 to €3,216
- Gross operating margin +€20,908
up €20,908, from -€14,920 to €5,987
- Financial income +€1,427
up €1,427 (+164.5%), from €867 to €2,294
- Financial charges +€868
up €868 (+21.8%), from €3,977 to €4,845
- Depreciation -€379
down €379 (-36.3%), from €1,043 to €665
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 | €77,552 | €43,933 | -€33,619 | -43.4% |
| Fixed assets | 21/28 | €1,155 | €488 | -€667 | -57.7% |
| Tangible fixed assets | 22/27 | €1,155 | €488 | -€667 | -57.7% |
| Furniture and vehicles | 24 | €1,155 | €488 | -€667 | -57.7% |
| Current assets | 29/58 | €76,397 | €43,445 | -€32,952 | -43.1% |
| Amounts receivable within one year | 40/41 | €76,397 | €9,688 | -€66,710 | -87.3% |
| Trade receivables | 40 | €31,598 | €9,688 | -€21,911 | -69.3% |
| Other amounts receivable | 41 | €44,799 | €0 | -€44,799 | -100.0% |
| Cash at bank and in hand | 54/58 | - | €33,263 | +€33,263 | |
| Deferred charges and accrued income | 490/1 | - | €495 | +€495 | |
| Total equity and liabilities | 10/49 | €77,552 | €43,933 | -€33,619 | -43.4% |
| Equity | 10/15 | €8,906 | €11,276 | +€2,370 | +26.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €0 | = | |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Tax-exempt reserves | 132 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €0 | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €846 | €3,216 | +€2,370 | +280.3% |
| Amounts payable | 17/49 | €68,647 | €32,658 | -€35,989 | -52.4% |
| Amounts payable within one year | 42/48 | €67,538 | €32,139 | -€35,399 | -52.4% |
| Financial debts | 43 | €41,033 | €0 | -€41,033 | -100.0% |
| Credit institutions | 430/8 | €41,033 | €0 | -€41,033 | -100.0% |
| Trade debts | 44 | €5,420 | €21,668 | +€16,248 | +299.8% |
| Suppliers | 440/4 | €5,420 | €21,668 | +€16,248 | +299.8% |
| Taxes, remuneration and social security | 45 | €2,786 | €3,536 | +€750 | +26.9% |
| Taxes | 450/3 | €2,786 | €3,536 | +€750 | +26.9% |
| Other amounts payable | 47/48 | €18,300 | €6,935 | -€11,365 | -62.1% |
| Accrued charges and deferred income | 492/3 | €1,109 | €519 | -€590 | -53.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,043 | €665 | -€379 | -36.3% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €1,227 | €2 | -€1,225 | -99.8% |
| Gross operating margin | 9900 | -€14,920 | €5,987 | +€20,908 | |
| Operating profit (loss) | 9901 | -€17,579 | €4,921 | +€22,500 | |
| Financial income | 75/76B | €867 | €2,294 | +€1,427 | +164.5% |
| Recurring financial income | 75 | €867 | €2,294 | +€1,427 | +164.5% |
| Financial charges | 65/66B | €3,977 | €4,845 | +€868 | +21.8% |
| Recurring financial charges | 65 | €3,977 | €4,845 | +€868 | +21.8% |
| Profit (loss) for the period before taxes | 9903 | -€20,688 | €2,370 | +€23,058 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€20,688 | €2,370 | +€23,058 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,688 | €2,370 | +€23,058 |
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.