Ingrained: 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.
Ingrained
Largest movements
- Receivables within one year -€7,567
down €7,567 (-64.3%), from €11,762 to €4,195
of which Trade receivables: -€3,858
- Cash -€1,311
down €1,311 (-66.4%), from €1,975 to €664
mainly Net result for the year (-€21,433) and Tax, wage and social debts (-€2,995)
- Deferred charges and accrued income -€1,063
down €1,063 (-66.6%), from €1,596 to €532
- Financial fixed assets +€400
up €400 (+80.0%), from €500 to €900
- Current investments -€315
down €315 (-100.0%), from €315 to €0
- Profit (loss) carried forward -€21,433
down €21,433, from €5,399 to -€16,034
- Other debts +€15,410
new in 2025: €15,410
- Tax, wage and social debts -€2,995
down €2,995 (-81.7%), from €3,666 to €671
- Trade debts -€811
down €811 (-41.2%), from €1,971 to €1,160
- Gross operating margin -€19,061
down €19,061 (-1715.3%), from -€1,111 to -€20,173
- Taxes -€448
down €448 (-75.8%), from €591 to €143
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 | €16,147 | €6,291 | -€9,856 | -61.0% |
| Fixed assets | 21/28 | €500 | €900 | +€400 | +80.0% |
| Financial fixed assets | 28 | €500 | €900 | +€400 | +80.0% |
| Current assets | 29/58 | €15,647 | €5,391 | -€10,256 | -65.5% |
| Amounts receivable within one year | 40/41 | €11,762 | €4,195 | -€7,567 | -64.3% |
| Trade receivables | 40 | €7,865 | €4,007 | -€3,858 | -49.0% |
| Other amounts receivable | 41 | €3,897 | €188 | -€3,709 | -95.2% |
| Current investments | 50/53 | €315 | €0 | -€315 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,975 | €664 | -€1,311 | -66.4% |
| Deferred charges and accrued income | 490/1 | €1,596 | €532 | -€1,063 | -66.6% |
| Total equity and liabilities | 10/49 | €16,147 | €6,291 | -€9,856 | -61.0% |
| Equity | 10/15 | €10,399 | -€11,034 | -€21,433 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,399 | -€16,034 | -€21,433 | |
| Amounts payable | 17/49 | €5,748 | €17,325 | +€11,577 | +201.4% |
| Amounts payable within one year | 42/48 | €5,748 | €17,325 | +€11,577 | +201.4% |
| Financial debts | 43 | €111 | €84 | -€27 | -24.5% |
| Credit institutions | 430/8 | €111 | €84 | -€27 | -24.5% |
| Trade debts | 44 | €1,971 | €1,160 | -€811 | -41.2% |
| Suppliers | 440/4 | €1,971 | €1,160 | -€811 | -41.2% |
| Taxes, remuneration and social security | 45 | €3,666 | €671 | -€2,995 | -81.7% |
| Taxes | 450/3 | €3,666 | €671 | -€2,995 | -81.7% |
| Other amounts payable | 47/48 | - | €15,410 | +€15,410 | |
| Other operating charges | 640/8 | €960 | €926 | -€35 | -3.6% |
| Gross operating margin | 9900 | -€1,111 | -€20,173 | -€19,061 | -1715.3% |
| Operating profit (loss) | 9901 | -€2,072 | -€21,099 | -€19,027 | -918.4% |
| Financial income | 75/76B | €51 | €18 | -€33 | -64.9% |
| Recurring financial income | 75 | €51 | €18 | -€33 | -64.9% |
| Financial charges | 65/66B | €252 | €209 | -€42 | -16.9% |
| Recurring financial charges | 65 | €252 | €209 | -€42 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,272 | -€21,290 | -€19,018 | -836.9% |
| Income taxes | 67/77 | €591 | €143 | -€448 | -75.8% |
| Profit (loss) for the period | 9904 | -€2,863 | -€21,433 | -€18,570 | -648.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,863 | -€21,433 | -€18,570 | -648.6% |
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 4 October 2026 via checked.be.