INHOA: 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.
INHOA
Largest movements
- Deferred charges and accrued income +€21,118
up €21,118 (+42.9%), from €49,248 to €70,366
- Tangible fixed assets -€9,336
down €9,336 (-9.4%), from €99,675 to €90,340
of which Land and buildings: -€4,726
- Receivables within one year +€4,330
up €4,330 (+35.7%), from €12,128 to €16,458
- Cash -€3,901
down €3,901 (-3.2%), from €121,944 to €118,043
mainly Contributions, distributions and other (-€207,937) and Deferred charges and accrued income (-€21,118)
- Other debts +€16,138
up €16,138 (+8.1%), from €198,843 to €214,981
- Debts after one year -€3,525
down €3,525 (-5.7%), from €61,625 to €58,100
- Taxes -€18,163
down €18,163 (-24.7%), from €73,472 to €55,309
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 | €282,995 | €295,206 | +€12,211 | +4.3% |
| Fixed assets | 21/28 | €99,675 | €90,340 | -€9,336 | -9.4% |
| Tangible fixed assets | 22/27 | €99,675 | €90,340 | -€9,336 | -9.4% |
| Land and buildings | 22 | €75,987 | €71,261 | -€4,726 | -6.2% |
| Furniture and vehicles | 24 | €4,403 | €2,094 | -€2,310 | -52.5% |
| Other tangible fixed assets | 26 | €19,285 | €16,985 | -€2,300 | -11.9% |
| Current assets | 29/58 | €183,320 | €204,866 | +€21,547 | +11.8% |
| Amounts receivable within one year | 40/41 | €12,128 | €16,458 | +€4,330 | +35.7% |
| Other amounts receivable | 41 | €12,128 | €16,458 | +€4,330 | +35.7% |
| Cash at bank and in hand | 54/58 | €121,944 | €118,043 | -€3,901 | -3.2% |
| Deferred charges and accrued income | 490/1 | €49,248 | €70,366 | +€21,118 | +42.9% |
| Total equity and liabilities | 10/49 | €282,995 | €295,206 | +€12,211 | +4.3% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Amounts payable | 17/49 | €264,395 | €276,606 | +€12,211 | +4.6% |
| Amounts payable after more than one year | 17 | €61,625 | €58,100 | -€3,525 | -5.7% |
| Financial debts | 170/4 | €61,625 | €58,100 | -€3,525 | -5.7% |
| Amounts payable within one year | 42/48 | €202,770 | €218,506 | +€15,737 | +7.8% |
| Current portion of amounts payable after more than one year | 42 | €3,460 | €3,525 | +€65 | +1.9% |
| Trade debts | 44 | €467 | - | -€467 | |
| Suppliers | 440/4 | €467 | - | -€467 | |
| Other amounts payable | 47/48 | €198,843 | €214,981 | +€16,138 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,625 | €9,716 | -€1,909 | -16.4% |
| Other operating charges | 640/8 | €2,230 | €1,279 | -€950 | -42.6% |
| Gross operating margin | 9900 | €274,011 | €276,684 | +€2,673 | +1.0% |
| Operating profit (loss) | 9901 | €260,155 | €265,688 | +€5,533 | +2.1% |
| Financial charges | 65/66B | €2,466 | €2,442 | -€25 | -1.0% |
| Recurring financial charges | 65 | €2,466 | €2,442 | -€25 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €257,689 | €263,246 | +€5,557 | +2.2% |
| Income taxes | 67/77 | €73,472 | €55,309 | -€18,163 | -24.7% |
| Profit (loss) for the period | 9904 | €184,216 | €207,937 | +€23,720 | +12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €184,216 | €207,937 | +€23,720 | +12.9% |
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 5 October 2026 via checked.be.