INGROB: 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.
INGROB
Largest movements
- Current investments +€416,032
new in 2025: €416,032
- Tangible fixed assets -€11,648
down €11,648 (-2.8%), from €420,984 to €409,336
- Other debts +€438,694
up €438,694 (+780.5%), from €56,203 to €494,897
- Profit (loss) carried forward -€22,541
down €22,541 (-51.4%), from -€43,861 to -€66,402
- Debts after one year -€9,558
down €9,558 (-2.8%), from €336,705 to €327,147
- Gross operating margin -€121,495
down €121,495 (-97.6%), from €124,538 to €3,043
- Other operating charges -€15,065
down €15,065 (-82.7%), from €18,215 to €3,150
- Financial income +€8,032
up €8,032 (+2008042.5%), from €0 to €8,033
- Financial charges +€6,774
up €6,774 (+56.2%), from €12,045 to €18,819
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 | €436,026 | €843,408 | +€407,382 | +93.4% |
| Fixed assets | 21/28 | €420,984 | €409,336 | -€11,648 | -2.8% |
| Tangible fixed assets | 22/27 | €420,984 | €409,336 | -€11,648 | -2.8% |
| Land and buildings | 22 | €420,984 | €409,336 | -€11,648 | -2.8% |
| Current assets | 29/58 | €15,042 | €434,072 | +€419,030 | +2785.7% |
| Amounts receivable within one year | 40/41 | €12,015 | €13,305 | +€1,290 | +10.7% |
| Trade receivables | 40 | €12,015 | €12,015 | = | 0.0% |
| Other amounts receivable | 41 | - | €1,290 | +€1,290 | |
| Current investments | 50/53 | - | €416,032 | +€416,032 | |
| Cash at bank and in hand | 54/58 | €3,027 | €4,734 | +€1,708 | +56.4% |
| Total equity and liabilities | 10/49 | €436,026 | €843,408 | +€407,382 | +93.4% |
| Equity | 10/15 | €31,139 | €8,598 | -€22,541 | -72.4% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Outside capital | 11 | €75,000 | - | -€75,000 | |
| Other | 1109/19 | €75,000 | - | -€75,000 | |
| Profit (loss) carried forward | 14 | -€43,861 | -€66,402 | -€22,541 | -51.4% |
| Amounts payable | 17/49 | €404,887 | €834,810 | +€429,923 | +106.2% |
| Amounts payable after more than one year | 17 | €336,705 | €327,147 | -€9,558 | -2.8% |
| Financial debts | 170/4 | €336,705 | €327,147 | -€9,558 | -2.8% |
| Amounts payable within one year | 42/48 | €68,182 | €507,662 | +€439,480 | +644.6% |
| Current portion of amounts payable after more than one year | 42 | €10,175 | €10,347 | +€172 | +1.7% |
| Advances received on contracts in progress | 46 | - | €2,419 | +€2,419 | |
| Taxes, remuneration and social security | 45 | €1,805 | - | -€1,805 | |
| Taxes | 450/3 | €1,805 | - | -€1,805 | |
| Other amounts payable | 47/48 | €56,203 | €494,897 | +€438,694 | +780.5% |
| Non-recurring operating income | 76A | €139,722 | - | -€139,722 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,648 | €11,648 | = | 0.0% |
| Other operating charges | 640/8 | €18,215 | €3,150 | -€15,065 | -82.7% |
| Non-recurring operating charges | 66A | €9,992 | - | -€9,992 | |
| Gross operating margin | 9900 | €124,538 | €3,043 | -€121,495 | -97.6% |
| Operating profit (loss) | 9901 | €84,683 | -€11,755 | -€96,438 | |
| Financial income | 75/76B | €0 | €8,033 | +€8,032 | +2008042.5% |
| Recurring financial income | 75 | €0 | €8,033 | +€8,032 | +2008042.5% |
| Financial charges | 65/66B | €12,045 | €18,819 | +€6,774 | +56.2% |
| Recurring financial charges | 65 | €12,045 | €18,819 | +€6,774 | +56.2% |
| Profit (loss) for the period before taxes | 9903 | €72,639 | -€22,541 | -€95,179 | |
| Profit (loss) for the period | 9904 | €72,639 | -€22,541 | -€95,179 | |
| Profit (loss) for the period to be appropriated | 9905 | €72,639 | -€22,541 | -€95,179 |
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 29 September 2026 via checked.be.