INGWER: what changed
Two financial 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.
INGWER
Largest movements
- Receivables within one year +€89,791
up €89,791 (+12.0%), from €747,368 to €837,159
of which Other amounts receivable: +€107,201
- Accrued charges and deferred income +€42,304
up €42,304 (+81.2%), from €52,068 to €94,372
- Other debts +€32,238
up €32,238 (+5.3%), from €610,203 to €642,440
- Profit (loss) carried forward +€30,322
up €30,322 (+13.4%), from €226,719 to €257,041
- Reserves +€21,050
up €21,050 (+33.3%), from €63,150 to €84,200
- Tax, wage and social debts -€13,362
down €13,362 (-48.8%), from €27,392 to €14,030
of which Remuneration and social security: -€13,183
- Gross operating margin -€116,287
down €116,287 (-55.9%), from €208,093 to €91,806
- Taxes -€32,146
down €32,146 (-51.6%), from €62,256 to €30,110
- Financial charges -€6,533
down €6,533 (-11.3%), from €57,897 to €51,364
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 | €1,082,241 | €1,171,608 | +€89,368 | +8.3% |
| Fixed assets | 21/28 | €27,271 | €29,968 | +€2,697 | +9.9% |
| Tangible fixed assets | 22/27 | €26,007 | €28,704 | +€2,697 | +10.4% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €2,235 | €1,476 | -€759 | -33.9% |
| Furniture and vehicles | 24 | €369 | €0 | -€369 | -100.0% |
| Other tangible fixed assets | 26 | €23,403 | €27,228 | +€3,825 | +16.3% |
| Financial fixed assets | 28 | €1,264 | €1,264 | = | 0.0% |
| Current assets | 29/58 | €1,054,970 | €1,141,640 | +€86,670 | +8.2% |
| Amounts receivable after more than one year | 29 | €291,124 | €287,074 | -€4,050 | -1.4% |
| Other amounts receivable | 291 | €291,124 | €287,074 | -€4,050 | -1.4% |
| Amounts receivable within one year | 40/41 | €747,368 | €837,159 | +€89,791 | +12.0% |
| Trade receivables | 40 | €28,944 | €11,534 | -€17,410 | -60.2% |
| Other amounts receivable | 41 | €718,423 | €825,624 | +€107,201 | +14.9% |
| Cash at bank and in hand | 54/58 | €1,671 | €147 | -€1,524 | -91.2% |
| Deferred charges and accrued income | 490/1 | €14,808 | €17,261 | +€2,453 | +16.6% |
| Total equity and liabilities | 10/49 | €1,082,241 | €1,171,608 | +€89,368 | +8.3% |
| Equity | 10/15 | €290,869 | €342,241 | +€51,372 | +17.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €63,150 | €84,200 | +€21,050 | +33.3% |
| Tax-exempt reserves | 132 | €63,150 | €84,200 | +€21,050 | +33.3% |
| Profit (loss) carried forward | 14 | €226,719 | €257,041 | +€30,322 | +13.4% |
| Amounts payable | 17/49 | €791,371 | €829,367 | +€37,996 | +4.8% |
| Amounts payable after more than one year | 17 | €53,352 | €45,517 | -€7,836 | -14.7% |
| Financial debts | 170/4 | €53,352 | €45,517 | -€7,836 | -14.7% |
| Amounts payable within one year | 42/48 | €685,951 | €689,479 | +€3,528 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €30,773 | €22,117 | -€8,656 | -28.1% |
| Financial debts | 43 | - | €239 | +€239 | |
| Credit institutions | 430/8 | - | €239 | +€239 | |
| Trade debts | 44 | €17,583 | €10,653 | -€6,930 | -39.4% |
| Suppliers | 440/4 | €17,583 | €10,653 | -€6,930 | -39.4% |
| Taxes, remuneration and social security | 45 | €27,392 | €14,030 | -€13,362 | -48.8% |
| Taxes | 450/3 | €14,209 | €14,030 | -€179 | -1.3% |
| Remuneration and social security | 454/9 | €13,183 | €0 | -€13,183 | -100.0% |
| Other amounts payable | 47/48 | €610,203 | €642,440 | +€32,238 | +5.3% |
| Accrued charges and deferred income | 492/3 | €52,068 | €94,372 | +€42,304 | +81.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,245 | €4,215 | +€1,970 | +87.7% |
| Other operating charges | 640/8 | €21 | €59 | +€38 | +177.3% |
| Gross operating margin | 9900 | €208,093 | €91,806 | -€116,287 | -55.9% |
| Operating profit (loss) | 9901 | €205,827 | €87,533 | -€118,295 | -57.5% |
| Financial income | 75/76B | €45,170 | €45,313 | +€144 | +0.3% |
| Recurring financial income | 75 | €45,170 | €45,313 | +€144 | +0.3% |
| Financial charges | 65/66B | €57,897 | €51,364 | -€6,533 | -11.3% |
| Recurring financial charges | 65 | €57,897 | €51,364 | -€6,533 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €193,100 | €81,481 | -€111,618 | -57.8% |
| Income taxes | 67/77 | €62,256 | €30,110 | -€32,146 | -51.6% |
| Profit (loss) for the period | 9904 | €130,844 | €51,372 | -€79,472 | -60.7% |
| Transfer to tax-exempt reserves | 689 | €42,100 | €21,050 | -€21,050 | -50.0% |
| Profit (loss) for the period to be appropriated | 9905 | €88,744 | €30,322 | -€58,422 | -65.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.