Inghels Management Services: what changed
Inghels Management Services
Largest movements
- Cash +€54,659
up €54,659 (+20.5%), from €266,262 to €320,921
mainly Net result for the year (+€61,902) and Depreciation (+€5,628)
- Receivables within one year -€4,408
down €4,408 (-4.3%), from €103,208 to €98,800
of which Trade receivables: -€3,726
- Reserves +€61,902
up €61,902 (+18.8%), from €329,406 to €391,308
- Tax, wage and social debts -€7,131
down €7,131 (-17.3%), from €41,163 to €34,032
- Other debts -€6,250
no longer reported in 2024 (was €6,250)
- Gross operating margin -€20,600
down €20,600 (-18.7%), from €109,951 to €89,351
- Turnover -€13,620
down €13,620 (-8.1%), from €168,620 to €155,000
- Purchases and services +€6,980
up €6,980 (+11.9%), from €58,669 to €65,649
- Taxes -€6,070
down €6,070 (-22.1%), from €27,440 to €21,370
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €388,506 | €437,677 | +€49,171 | +12.7% |
| Fixed assets | 21/28 | €19,036 | €17,956 | -€1,080 | -5.7% |
| Tangible fixed assets | 22/27 | €19,036 | €17,956 | -€1,080 | -5.7% |
| Plant, machinery and equipment | 23 | €10,939 | €9,776 | -€1,163 | -10.6% |
| Furniture and vehicles | 24 | €8,097 | €8,180 | +€83 | +1.0% |
| Current assets | 29/58 | €369,470 | €419,721 | +€50,251 | +13.6% |
| Amounts receivable within one year | 40/41 | €103,208 | €98,800 | -€4,408 | -4.3% |
| Trade receivables | 40 | €94,923 | €91,197 | -€3,726 | -3.9% |
| Other amounts receivable | 41 | €8,285 | €7,603 | -€682 | -8.2% |
| Cash at bank and in hand | 54/58 | €266,262 | €320,921 | +€54,659 | +20.5% |
| Total equity and liabilities | 10/49 | €388,506 | €437,677 | +€49,171 | +12.7% |
| Equity | 10/15 | €334,406 | €396,308 | +€61,902 | +18.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €329,406 | €391,308 | +€61,902 | +18.8% |
| Distributable reserves | 133 | €329,406 | €391,308 | +€61,902 | +18.8% |
| Amounts payable | 17/49 | €54,100 | €41,369 | -€12,731 | -23.5% |
| Amounts payable within one year | 42/48 | €54,100 | €41,369 | -€12,731 | -23.5% |
| Trade debts | 44 | €6,687 | €7,337 | +€650 | +9.7% |
| Suppliers | 440/4 | €6,687 | €7,337 | +€650 | +9.7% |
| Taxes, remuneration and social security | 45 | €41,163 | €34,032 | -€7,131 | -17.3% |
| Taxes | 450/3 | €41,163 | €34,032 | -€7,131 | -17.3% |
| Other amounts payable | 47/48 | €6,250 | - | -€6,250 | |
| Turnover | 70 | €168,620 | €155,000 | -€13,620 | -8.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €58,669 | €65,649 | +€6,980 | +11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,332 | €5,628 | +€296 | +5.6% |
| Other operating charges | 640/8 | €348 | €385 | +€37 | +10.6% |
| Gross operating margin | 9900 | €109,951 | €89,351 | -€20,600 | -18.7% |
| Operating profit (loss) | 9901 | €104,271 | €83,338 | -€20,933 | -20.1% |
| Financial charges | 65/66B | €44 | €66 | +€22 | +50.0% |
| Recurring financial charges | 65 | €44 | €66 | +€22 | +50.0% |
| Profit (loss) for the period before taxes | 9903 | €104,227 | €83,272 | -€20,955 | -20.1% |
| Income taxes | 67/77 | €27,440 | €21,370 | -€6,070 | -22.1% |
| Profit (loss) for the period | 9904 | €76,787 | €61,902 | -€14,885 | -19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €76,787 | €61,902 | -€14,885 | -19.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.