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INGRA: 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.

What changed

INGRA

BE 0501.803.467
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€90,131
2024 · -€68,957-€21,173
Equity
€691,790
2024 · €781,920-€90,131
Cash
€10,447
2024 · €31,533-€21,086
Balance sheet total
€4.9m
2024 · €5.1m-€178,838

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€158,495

    down €158,495 (-3.2%), from €5.0m to €4.8m

    of which Land and buildings: -€156,220

Equity and liabilities
  • Profit (loss) carried forward -€90,131

    down €90,131 (-3.2%), from -€2.8m to -€2.9m

  • Revaluation surpluses -€54,242

    down €54,242 (-3.7%), from €1.5m to €1.4m

  • Reserves +€54,242

    up €54,242 (+16.7%), from €325,455 to €379,697

  • Trade debts -€53,006

    down €53,006 (-15.8%), from €336,476 to €283,471

Income statement
  • Gross operating margin -€11,494

    down €11,494 (-7.7%), from €150,077 to €138,583

  • Other operating charges +€10,667

    up €10,667 (+602.6%), from €1,770 to €12,437

  • Financial charges -€1,933

    down €1,933 (-5.9%), from €32,915 to €30,983

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€68,957
Gross operating margin -€11,494
Depreciation -€495
Other operating charges -€10,667
Financial income -€450
Financial charges +€1,933
Result 2025 -€90,131

Cash bridge derived

cash 2024 to 2025

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.

From operations +€43,665
Investment -€27,343
Financing -€37,407
Cash 2024 €31,533
Net result for the year -€90,131
Depreciation +€185,839
Receivables within one year -€4,252
Deferred charges and accrued income +€3,508
Trade debts -€53,006
Other debts -€238
Accrued charges and deferred income +€1,945
Investment in fixed assets (net) -€27,343
Debts after one year -€39,429
Current portion of long-term debt +€2,022
Cash 2025 €10,447
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €5,070,437 €4,891,599 -€178,838 -3.5%
Fixed assets 21/28 €5,002,905 €4,844,409 -€158,495 -3.2%
Tangible fixed assets 22/27 €5,002,905 €4,844,409 -€158,495 -3.2%
Land and buildings 22 €4,976,456 €4,820,236 -€156,220 -3.1%
Plant, machinery and equipment 23 €26,449 €24,173 -€2,276 -8.6%
Current assets 29/58 €67,532 €47,190 -€20,342 -30.1%
Amounts receivable within one year 40/41 €32,259 €36,511 +€4,252 +13.2%
Trade receivables 40 €1,100 €491 -€609 -55.3%
Other amounts receivable 41 €31,159 €36,020 +€4,861 +15.6%
Cash at bank and in hand 54/58 €31,533 €10,447 -€21,086 -66.9%
Deferred charges and accrued income 490/1 €3,740 €232 -€3,508 -93.8%
Total equity and liabilities 10/49 €5,070,437 €4,891,599 -€178,838 -3.5%
Equity 10/15 €781,920 €691,790 -€90,131 -11.5%
Contributions 10/11 €1,800,000 €1,800,000 = 0.0%
Revaluation surpluses 12 €1,464,546 €1,410,303 -€54,242 -3.7%
Reserves 13 €325,455 €379,697 +€54,242 +16.7%
Distributable reserves 133 €325,455 €379,697 +€54,242 +16.7%
Profit (loss) carried forward 14 -€2,808,080 -€2,898,210 -€90,131 -3.2%
Amounts payable 17/49 €4,288,516 €4,199,809 -€88,707 -2.1%
Amounts payable after more than one year 17 €3,836,463 €3,797,034 -€39,429 -1.0%
Financial debts 170/4 €3,836,463 €3,797,034 -€39,429 -1.0%
Amounts payable within one year 42/48 €441,203 €389,981 -€51,222 -11.6%
Current portion of amounts payable after more than one year 42 €102,407 €104,429 +€2,022 +2.0%
Trade debts 44 €336,476 €283,471 -€53,006 -15.8%
Suppliers 440/4 €336,476 €283,471 -€53,006 -15.8%
Other amounts payable 47/48 €2,319 €2,081 -€238 -10.3%
Accrued charges and deferred income 492/3 €10,850 €12,795 +€1,945 +17.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €185,344 €185,839 +€495 +0.3%
Other operating charges 640/8 €1,770 €12,437 +€10,667 +602.6%
Gross operating margin 9900 €150,077 €138,583 -€11,494 -7.7%
Operating profit (loss) 9901 -€37,037 -€59,693 -€22,656 -61.2%
Financial income 75/76B €995 €544 -€450 -45.3%
Recurring financial income 75 €995 €544 -€450 -45.3%
Financial charges 65/66B €32,915 €30,983 -€1,933 -5.9%
Recurring financial charges 65 €32,915 €30,983 -€1,933 -5.9%
Profit (loss) for the period before taxes 9903 -€68,957 -€90,131 -€21,173 -30.7%
Profit (loss) for the period 9904 -€68,957 -€90,131 -€21,173 -30.7%
Profit (loss) for the period to be appropriated 9905 -€68,957 -€90,131 -€21,173 -30.7%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.