INJI: 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.
INJI
Largest movements
- Tangible fixed assets -€15,507
down €15,507 (-4.7%), from €330,851 to €315,345
- Debts after one year -€25,297
down €25,297 (-13.1%), from €193,167 to €167,869
- Reserves +€5,584
up €5,584 (+9.3%), from €60,044 to €65,628
- Gross operating margin -€6,786
down €6,786 (-17.6%), from €38,590 to €31,804
- Taxes -€1,898
down €1,898 (-39.4%), from €4,817 to €2,920
- Financial charges -€687
down €687 (-11.7%), from €5,890 to €5,202
- Financial income +€418
new in 2025: €418
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 | €380,532 | €361,478 | -€19,054 | -5.0% |
| Fixed assets | 21/28 | €330,851 | €315,345 | -€15,507 | -4.7% |
| Tangible fixed assets | 22/27 | €330,851 | €315,345 | -€15,507 | -4.7% |
| Land and buildings | 22 | €330,851 | €315,345 | -€15,507 | -4.7% |
| Current assets | 29/58 | €49,681 | €46,134 | -€3,548 | -7.1% |
| Amounts receivable within one year | 40/41 | €41,248 | €39,809 | -€1,438 | -3.5% |
| Trade receivables | 40 | €39,688 | €38,119 | -€1,569 | -4.0% |
| Other amounts receivable | 41 | €1,560 | €1,690 | +€130 | +8.3% |
| Current investments | 50/53 | €5,419 | €5,419 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,014 | €905 | -€2,109 | -70.0% |
| Total equity and liabilities | 10/49 | €380,532 | €361,478 | -€19,054 | -5.0% |
| Equity | 10/15 | €121,211 | €126,794 | +€5,584 | +4.6% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €60,044 | €65,628 | +€5,584 | +9.3% |
| Distributable reserves | 133 | €60,044 | €65,628 | +€5,584 | +9.3% |
| Profit (loss) carried forward | 14 | €26,167 | €26,167 | = | 0.0% |
| Amounts payable | 17/49 | €259,322 | €234,684 | -€24,638 | -9.5% |
| Amounts payable after more than one year | 17 | €193,167 | €167,869 | -€25,297 | -13.1% |
| Financial debts | 170/4 | €193,167 | €167,869 | -€25,297 | -13.1% |
| Amounts payable within one year | 42/48 | €66,155 | €66,815 | +€660 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €25,207 | €25,297 | +€90 | +0.4% |
| Trade debts | 44 | - | €1,380 | +€1,380 | |
| Suppliers | 440/4 | - | €1,380 | +€1,380 | |
| Taxes, remuneration and social security | 45 | €11,257 | €9,519 | -€1,738 | -15.4% |
| Taxes | 450/3 | €11,257 | €9,519 | -€1,738 | -15.4% |
| Other amounts payable | 47/48 | €29,691 | €30,619 | +€928 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,538 | €15,507 | -€31 | -0.2% |
| Other operating charges | 640/8 | €2,937 | €3,010 | +€73 | +2.5% |
| Gross operating margin | 9900 | €38,590 | €31,804 | -€6,786 | -17.6% |
| Operating profit (loss) | 9901 | €20,115 | €13,287 | -€6,828 | -33.9% |
| Financial income | 75/76B | - | €418 | +€418 | |
| Recurring financial income | 75 | - | €418 | +€418 | |
| Financial charges | 65/66B | €5,890 | €5,202 | -€687 | -11.7% |
| Recurring financial charges | 65 | €5,890 | €5,202 | -€687 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €14,226 | €8,503 | -€5,723 | -40.2% |
| Income taxes | 67/77 | €4,817 | €2,920 | -€1,898 | -39.4% |
| Profit (loss) for the period | 9904 | €9,408 | €5,584 | -€3,825 | -40.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,408 | €5,584 | -€3,825 | -40.7% |
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.