Inhérence: 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.
Inhérence
Largest movements
- Stocks and contracts -€4,122
down €4,122 (-4.7%), from €88,229 to €84,107
- Tangible fixed assets -€3,418
down €3,418 (-14.3%), from €23,861 to €20,443
of which Land and buildings: -€2,407
- Receivables within one year +€2,777
up €2,777, from €0 to €2,777
of which Trade receivables: +€2,777
- Debts after one year -€10,762
down €10,762 (-10.0%), from €107,624 to €96,862
- Tax, wage and social debts +€2,046
up €2,046 (+34.3%), from €5,961 to €8,007
- Profit (loss) carried forward +€1,695
up €1,695 (+8.1%), from -€20,874 to -€19,179
- Trade debts +€1,388
up €1,388 (+140.0%), from €991 to €2,379
- Gross operating margin +€27,435
up €27,435, from -€19,469 to €7,966
- Financial income -€267
down €267 (-44.2%), from €605 to €338
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 | €115,545 | €110,078 | -€5,467 | -4.7% |
| Fixed assets | 21/28 | €23,861 | €20,443 | -€3,418 | -14.3% |
| Tangible fixed assets | 22/27 | €23,861 | €20,443 | -€3,418 | -14.3% |
| Land and buildings | 22 | €20,785 | €18,378 | -€2,407 | -11.6% |
| Plant, machinery and equipment | 23 | €2,368 | €1,558 | -€810 | -34.2% |
| Furniture and vehicles | 24 | €709 | €507 | -€201 | -28.4% |
| Current assets | 29/58 | €91,684 | €89,635 | -€2,049 | -2.2% |
| Stocks and contracts in progress | 3 | €88,229 | €84,107 | -€4,122 | -4.7% |
| Stocks | 30/36 | €88,229 | €84,107 | -€4,122 | -4.7% |
| Amounts receivable within one year | 40/41 | €0 | €2,777 | +€2,777 | |
| Trade receivables | 40 | - | €2,777 | +€2,777 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €3,345 | €2,463 | -€882 | -26.4% |
| Deferred charges and accrued income | 490/1 | €110 | €289 | +€179 | +162.6% |
| Total equity and liabilities | 10/49 | €115,545 | €110,078 | -€5,467 | -4.7% |
| Equity | 10/15 | -€2,274 | -€579 | +€1,695 | +74.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€20,874 | -€19,179 | +€1,695 | +8.1% |
| Amounts payable | 17/49 | €117,819 | €110,658 | -€7,161 | -6.1% |
| Amounts payable after more than one year | 17 | €107,624 | €96,862 | -€10,762 | -10.0% |
| Financial debts | 170/4 | €107,624 | €96,862 | -€10,762 | -10.0% |
| Amounts payable within one year | 42/48 | €10,195 | €13,795 | +€3,601 | +35.3% |
| Current portion of amounts payable after more than one year | 42 | €3,242 | €3,409 | +€167 | +5.2% |
| Trade debts | 44 | €991 | €2,379 | +€1,388 | +140.0% |
| Suppliers | 440/4 | €991 | €2,379 | +€1,388 | +140.0% |
| Taxes, remuneration and social security | 45 | €5,961 | €8,007 | +€2,046 | +34.3% |
| Taxes | 450/3 | €5,961 | €8,007 | +€2,046 | +34.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,360 | €3,418 | +€59 | +1.7% |
| Other operating charges | 640/8 | €1,082 | €933 | -€149 | -13.8% |
| Gross operating margin | 9900 | -€19,469 | €7,966 | +€27,435 | |
| Operating profit (loss) | 9901 | -€23,910 | €3,615 | +€27,526 | |
| Financial income | 75/76B | €605 | €338 | -€267 | -44.2% |
| Recurring financial income | 75 | €605 | €338 | -€267 | -44.2% |
| Financial charges | 65/66B | €2,142 | €2,259 | +€116 | +5.4% |
| Recurring financial charges | 65 | €2,142 | €2,259 | +€116 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | -€25,448 | €1,695 | +€27,142 | |
| Profit (loss) for the period | 9904 | -€25,448 | €1,695 | +€27,142 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,448 | €1,695 | +€27,142 |
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 8 October 2026 via checked.be.