INGRETO: 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.
INGRETO
Largest movements
- Tangible fixed assets -€23,981
down €23,981 (-38.2%), from €62,713 to €38,732
of which Furniture and vehicles: -€17,445
- Cash +€18,290
up €18,290 (+26.3%), from €69,584 to €87,874
mainly Other debts (+€37,785) and Depreciation (+€23,563)
- Receivables within one year -€14,769
down €14,769 (-74.0%), from €19,949 to €5,180
of which Other amounts receivable: -€14,769
- Reserves -€62,215
down €62,215 (-45.7%), from €136,265 to €74,049
of which Distributable reserves: -€62,215
- Other debts +€37,785
new in 2025: €37,785
- Tax, wage and social debts +€5,117
up €5,117 (+51.8%), from €9,878 to €14,995
of which Taxes: +€5,117
- Trade debts -€2,321
down €2,321 (-91.1%), from €2,548 to €227
- Gross operating margin -€5,431
down €5,431 (-10.7%), from €50,692 to €45,261
- Depreciation +€2,606
up €2,606 (+12.4%), from €20,958 to €23,563
- Taxes +€1,546
up €1,546 (+21.7%), from €7,125 to €8,671
- Other operating charges -€614
down €614 (-34.8%), from €1,761 to €1,148
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 | €154,891 | €133,257 | -€21,635 | -14.0% |
| Fixed assets | 21/28 | €62,713 | €38,732 | -€23,981 | -38.2% |
| Tangible fixed assets | 22/27 | €62,713 | €38,732 | -€23,981 | -38.2% |
| Land and buildings | 22 | €1,628 | €1,433 | -€195 | -12.0% |
| Plant, machinery and equipment | 23 | €9,278 | €3,327 | -€5,951 | -64.1% |
| Furniture and vehicles | 24 | €49,856 | €32,411 | -€17,445 | -35.0% |
| Other tangible fixed assets | 26 | €1,951 | €1,561 | -€390 | -20.0% |
| Current assets | 29/58 | €92,178 | €94,524 | +€2,346 | +2.5% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €19,949 | €5,180 | -€14,769 | -74.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €19,949 | €5,180 | -€14,769 | -74.0% |
| Cash at bank and in hand | 54/58 | €69,584 | €87,874 | +€18,290 | +26.3% |
| Deferred charges and accrued income | 490/1 | €2,645 | €1,470 | -€1,175 | -44.4% |
| Total equity and liabilities | 10/49 | €154,891 | €133,257 | -€21,635 | -14.0% |
| Equity | 10/15 | €142,465 | €80,249 | -€62,215 | -43.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €136,265 | €74,049 | -€62,215 | -45.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €134,405 | €72,189 | -€62,215 | -46.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €12,427 | €53,007 | +€40,581 | +326.6% |
| Amounts payable within one year | 42/48 | €12,427 | €53,007 | +€40,581 | +326.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,548 | €227 | -€2,321 | -91.1% |
| Suppliers | 440/4 | €2,548 | €227 | -€2,321 | -91.1% |
| Taxes, remuneration and social security | 45 | €9,878 | €14,995 | +€5,117 | +51.8% |
| Taxes | 450/3 | €9,878 | €14,995 | +€5,117 | +51.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €37,785 | +€37,785 | |
| Non-recurring operating income | 76A | €0 | €8,700 | +€8,700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,958 | €23,563 | +€2,606 | +12.4% |
| Other operating charges | 640/8 | €1,761 | €1,148 | -€614 | -34.8% |
| Non-recurring operating charges | 66A | €2,096 | €780 | -€1,316 | -62.8% |
| Gross operating margin | 9900 | €50,692 | €45,261 | -€5,431 | -10.7% |
| Operating profit (loss) | 9901 | €25,878 | €19,770 | -€6,108 | -23.6% |
| Financial income | 75/76B | €8 | €198 | +€190 | +2503.2% |
| Recurring financial income | 75 | €8 | €198 | +€190 | +2503.2% |
| Financial charges | 65/66B | €752 | €705 | -€47 | -6.3% |
| Recurring financial charges | 65 | €752 | €705 | -€47 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €25,133 | €19,263 | -€5,870 | -23.4% |
| Income taxes | 67/77 | €7,125 | €8,671 | +€1,546 | +21.7% |
| Profit (loss) for the period | 9904 | €18,007 | €10,591 | -€7,416 | -41.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,007 | €10,591 | -€7,416 | -41.2% |
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 6 October 2026 via checked.be.