Inhu: 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.
Inhu
Largest movements
- Current investments +€264,079
up €264,079 (+103.7%), from €254,571 to €518,650
- Cash +€151,640
up €151,640 (+30.5%), from €496,666 to €648,305
mainly Net result for the year (+€754,034) and Provisions (+€51,519)
- Reserves +€504,034
up €504,034 (+16.7%), from €3.0m to €3.5m
of which Distributable reserves: +€342,513
- Other debts -€103,235
down €103,235 (-23.0%), from €449,425 to €346,190
- Debts after one year -€75,600
down €75,600 (-100.0%), from €75,600 to €0
of which Financial debts: -€60,066
- Provisions +€51,519
up €51,519 (+782.9%), from €6,581 to €58,100
- Gross operating margin +€369,650
up €369,650 (+1039.3%), from €35,568 to €405,217
- Financial income +€200,165
up €200,165 (+65.5%), from €305,643 to €505,808
- Taxes +€43,329
up €43,329 (+11742.8%), from €369 to €43,698
- Depreciation -€7,620
down €7,620 (-16.4%), from €46,509 to €38,889
- Financial charges +€5,566
up €5,566 (+86.8%), from €6,410 to €11,975
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 | €3,609,767 | €3,966,526 | +€356,759 | +9.9% |
| Fixed assets | 21/28 | €2,809,001 | €2,772,097 | -€36,904 | -1.3% |
| Tangible fixed assets | 22/27 | €849,695 | €812,792 | -€36,904 | -4.3% |
| Land and buildings | 22 | €759,303 | €667,344 | -€91,960 | -12.1% |
| Plant, machinery and equipment | 23 | €1,803 | €1,576 | -€227 | -12.6% |
| Furniture and vehicles | 24 | €10,839 | €6,642 | -€4,197 | -38.7% |
| Other tangible fixed assets | 26 | €77,750 | €137,230 | +€59,480 | +76.5% |
| Financial fixed assets | 28 | €1,959,305 | €1,959,305 | = | 0.0% |
| Current assets | 29/58 | €800,766 | €1,194,429 | +€393,662 | +49.2% |
| Amounts receivable within one year | 40/41 | €39,818 | €21,353 | -€18,465 | -46.4% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €39,818 | €21,353 | -€18,465 | -46.4% |
| Current investments | 50/53 | €254,571 | €518,650 | +€264,079 | +103.7% |
| Cash at bank and in hand | 54/58 | €496,666 | €648,305 | +€151,640 | +30.5% |
| Deferred charges and accrued income | 490/1 | €9,711 | €6,120 | -€3,591 | -37.0% |
| Total equity and liabilities | 10/49 | €3,609,767 | €3,966,526 | +€356,759 | +9.9% |
| Equity | 10/15 | €3,041,595 | €3,545,629 | +€504,034 | +16.6% |
| Contributions | 10/11 | €24,800 | €24,800 | = | 0.0% |
| Reserves | 13 | €3,016,795 | €3,520,829 | +€504,034 | +16.7% |
| Non-distributable reserves | 130/1 | €3,720 | €3,720 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,720 | €3,720 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,779 | €174,300 | +€161,521 | +1263.9% |
| Distributable reserves | 133 | €3,000,296 | €3,342,809 | +€342,513 | +11.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €6,581 | €58,100 | +€51,519 | +782.9% |
| Deferred taxes | 168 | €6,581 | €58,100 | +€51,519 | +782.9% |
| Amounts payable | 17/49 | €561,591 | €362,796 | -€198,795 | -35.4% |
| Amounts payable after more than one year | 17 | €75,600 | €0 | -€75,600 | -100.0% |
| Financial debts | 170/4 | €60,066 | €0 | -€60,066 | -100.0% |
| Other amounts payable | 178/9 | €15,534 | €0 | -€15,534 | -100.0% |
| Amounts payable within one year | 42/48 | €484,966 | €361,896 | -€123,070 | -25.4% |
| Current portion of amounts payable after more than one year | 42 | €25,284 | €0 | -€25,284 | -100.0% |
| Trade debts | 44 | €8,307 | €5,600 | -€2,707 | -32.6% |
| Suppliers | 440/4 | €8,307 | €5,600 | -€2,707 | -32.6% |
| Taxes, remuneration and social security | 45 | €1,951 | €10,106 | +€8,156 | +418.0% |
| Taxes | 450/3 | €1,951 | €10,106 | +€8,156 | +418.0% |
| Other amounts payable | 47/48 | €449,425 | €346,190 | -€103,235 | -23.0% |
| Accrued charges and deferred income | 492/3 | €1,025 | €900 | -€125 | -12.2% |
| Non-recurring operating income | 76A | €930 | €328,541 | +€327,611 | +35213.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,509 | €38,889 | -€7,620 | -16.4% |
| Other operating charges | 640/8 | €14,399 | €10,910 | -€3,489 | -24.2% |
| Gross operating margin | 9900 | €35,568 | €405,217 | +€369,650 | +1039.3% |
| Operating profit (loss) | 9901 | -€25,341 | €355,418 | +€380,759 | |
| Financial income | 75/76B | €305,643 | €505,808 | +€200,165 | +65.5% |
| Recurring financial income | 75 | €305,643 | €505,808 | +€200,165 | +65.5% |
| Financial charges | 65/66B | €6,410 | €11,975 | +€5,566 | +86.8% |
| Recurring financial charges | 65 | €6,410 | €11,975 | +€5,566 | +86.8% |
| Profit (loss) for the period before taxes | 9903 | €273,892 | €849,251 | +€575,359 | +210.1% |
| Transfer from deferred taxes | 780 | €6,487 | €6,581 | +€94 | +1.5% |
| Transfer to deferred taxes | 680 | - | €58,100 | +€58,100 | |
| Income taxes | 67/77 | €369 | €43,698 | +€43,329 | +11742.8% |
| Profit (loss) for the period | 9904 | €280,010 | €754,034 | +€474,024 | +169.3% |
| Transfer from tax-exempt reserves | 789 | €12,597 | €12,779 | +€182 | +1.4% |
| Transfer to tax-exempt reserves | 689 | - | €174,300 | +€174,300 | |
| Profit (loss) for the period to be appropriated | 9905 | €292,607 | €592,513 | +€299,906 | +102.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.