Ingi: 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.
Ingi
Largest movements
- Cash +€17,836
up €17,836 (+40.8%), from €43,700 to €61,536
mainly Other debts (+€13,877) and Depreciation (+€7,575)
- Receivables within one year +€7,775
new in 2025: €7,775
of which Trade receivables: +€5,650
- Tangible fixed assets -€6,468
down €6,468 (-66.5%), from €9,722 to €3,255
- Deferred charges and accrued income +€820
up €820 (+397.8%), from €206 to €1,026
- Other debts +€13,877
up €13,877 (+60.2%), from €23,053 to €36,930
- Reserves +€6,682
up €6,682 (+67.6%), from €9,881 to €16,563
- Tax, wage and social debts -€786
down €786 (-4.5%), from €17,534 to €16,748
of which Taxes: -€786
- Gross operating margin +€6,077
up €6,077 (+42.5%), from €14,294 to €20,370
- Depreciation +€2,408
up €2,408 (+46.6%), from €5,166 to €7,575
- Financial charges +€1,629
up €1,629 (+760.3%), from €214 to €1,843
- Taxes +€991
up €991 (+46.6%), from €2,125 to €3,116
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 | €53,628 | €73,591 | +€19,963 | +37.2% |
| Fixed assets | 21/28 | €9,722 | €3,255 | -€6,468 | -66.5% |
| Tangible fixed assets | 22/27 | €9,722 | €3,255 | -€6,468 | -66.5% |
| Furniture and vehicles | 24 | €9,722 | €3,255 | -€6,468 | -66.5% |
| Current assets | 29/58 | €43,906 | €70,337 | +€26,431 | +60.2% |
| Amounts receivable within one year | 40/41 | - | €7,775 | +€7,775 | |
| Trade receivables | 40 | - | €5,650 | +€5,650 | |
| Other amounts receivable | 41 | - | €2,125 | +€2,125 | |
| Cash at bank and in hand | 54/58 | €43,700 | €61,536 | +€17,836 | +40.8% |
| Deferred charges and accrued income | 490/1 | €206 | €1,026 | +€820 | +397.8% |
| Total equity and liabilities | 10/49 | €53,628 | €73,591 | +€19,963 | +37.2% |
| Equity | 10/15 | €12,381 | €19,063 | +€6,682 | +54.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €9,881 | €16,563 | +€6,682 | +67.6% |
| Distributable reserves | 133 | €9,881 | €16,563 | +€6,682 | +67.6% |
| Amounts payable | 17/49 | €41,247 | €54,528 | +€13,281 | +32.2% |
| Amounts payable within one year | 42/48 | €41,247 | €54,528 | +€13,281 | +32.2% |
| Trade debts | 44 | €661 | €850 | +€189 | +28.6% |
| Suppliers | 440/4 | €661 | €850 | +€189 | +28.6% |
| Taxes, remuneration and social security | 45 | €17,534 | €16,748 | -€786 | -4.5% |
| Taxes | 450/3 | €13,034 | €12,248 | -€786 | -6.0% |
| Remuneration and social security | 454/9 | €4,500 | €4,500 | = | 0.0% |
| Other amounts payable | 47/48 | €23,053 | €36,930 | +€13,877 | +60.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,166 | €7,575 | +€2,408 | +46.6% |
| Other operating charges | 640/8 | €1,026 | €1,154 | +€129 | +12.5% |
| Gross operating margin | 9900 | €14,294 | €20,370 | +€6,077 | +42.5% |
| Operating profit (loss) | 9901 | €8,102 | €11,641 | +€3,540 | +43.7% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €214 | €1,843 | +€1,629 | +760.3% |
| Recurring financial charges | 65 | €214 | €1,843 | +€1,629 | +760.3% |
| Profit (loss) for the period before taxes | 9903 | €7,888 | €9,798 | +€1,910 | +24.2% |
| Income taxes | 67/77 | €2,125 | €3,116 | +€991 | +46.6% |
| Profit (loss) for the period | 9904 | €5,763 | €6,682 | +€919 | +15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,763 | €6,682 | +€919 | +15.9% |
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 3 October 2026 via checked.be.