INKA PARTNERS: 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.
INKA PARTNERS
Largest movements
- Receivables within one year +€25,832
up €25,832 (+205%), from €12,617 to €38,450
of which Trade receivables: +€25,692
- Financial fixed assets +€15,000
up €15,000 (+59.9%), from €25,050 to €40,050
- Cash +€3,534
up €3,534 (+35.8%), from €9,870 to €13,405
mainly Net result for the year (+€25,022) and Other debts (+€19,077)
- Tangible fixed assets -€1,300
down €1,300 (-59.8%), from €2,173 to €873
of which Furniture and vehicles: -€870
- Deferred charges and accrued income -€1,087
down €1,087 (-100%), from €1,087 to €0
- Profit (loss) carried forward +€25,022
up €25,022 (+98.0%), from -€25,536 to -€514
- Other debts +€19,077
up €19,077 (+53.7%), from €35,551 to €54,628
- Tax, wage and social debts -€2,177
down €2,177 (-17.7%), from €12,284 to €10,107
of which Remuneration and social security: -€4,111
- Gross operating margin +€68,141
up €68,141, from -€35,270 to €32,872
- Other operating charges -€4,248
down €4,248 (-66.7%), from €6,368 to €2,120
- Financial charges +€1,885
up €1,885 (+74.1%), from €2,545 to €4,430
- Depreciation -€1,175
down €1,175 (-47.5%), from €2,475 to €1,300
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.
Derived cash bridge
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 | €50,799 | €92,778 | +€41,979 | +82.6% |
| Fixed assets | 21/28 | €27,224 | €40,924 | +€13,700 | +50.3% |
| Tangible fixed assets | 22/27 | €2,173 | €873 | -€1,300 | -59.8% |
| Plant, machinery and equipment | 23 | €1,238 | €808 | -€430 | -34.8% |
| Furniture and vehicles | 24 | €936 | €66 | -€870 | -93.0% |
| Financial fixed assets | 28 | €25,050 | €40,050 | +€15,000 | +59.9% |
| Current assets | 29/58 | €23,575 | €51,854 | +€28,279 | +120% |
| Amounts receivable within one year | 40/41 | €12,617 | €38,450 | +€25,832 | +205% |
| Trade receivables | 40 | €12,451 | €38,143 | +€25,692 | +206% |
| Other amounts receivable | 41 | €166 | €306 | +€141 | +84.8% |
| Cash at bank and in hand | 54/58 | €9,870 | €13,405 | +€3,534 | +35.8% |
| Deferred charges and accrued income | 490/1 | €1,087 | €0 | -€1,087 | -100% |
| Total equity and liabilities | 10/49 | €50,799 | €92,778 | +€41,979 | +82.6% |
| Equity | 10/15 | -€433 | €24,589 | +€25,022 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €21,103 | €21,103 | = | 0.0% |
| Distributable reserves | 133 | €21,103 | €21,103 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,536 | -€514 | +€25,022 | +98.0% |
| Amounts payable | 17/49 | €51,231 | €68,189 | +€16,957 | +33.1% |
| Amounts payable within one year | 42/48 | €51,031 | €68,189 | +€17,157 | +33.6% |
| Financial debts | 43 | - | €28 | +€28 | |
| Credit institutions | 430/8 | - | €28 | +€28 | |
| Trade debts | 44 | €3,196 | €3,425 | +€230 | +7.2% |
| Suppliers | 440/4 | €3,196 | €3,425 | +€230 | +7.2% |
| Taxes, remuneration and social security | 45 | €12,284 | €10,107 | -€2,177 | -17.7% |
| Taxes | 450/3 | €8,174 | €10,107 | +€1,934 | +23.7% |
| Remuneration and social security | 454/9 | €4,111 | €0 | -€4,111 | -100% |
| Other amounts payable | 47/48 | €35,551 | €54,628 | +€19,077 | +53.7% |
| Accrued charges and deferred income | 492/3 | €200 | €0 | -€200 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,475 | €1,300 | -€1,175 | -47.5% |
| Other operating charges | 640/8 | €6,368 | €2,120 | -€4,248 | -66.7% |
| Gross operating margin | 9900 | -€35,270 | €32,872 | +€68,141 | |
| Operating profit (loss) | 9901 | -€44,113 | €29,451 | +€73,564 | |
| Financial income | 75/76B | €0 | €1 | +€0 | +900% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +900% |
| Financial charges | 65/66B | €2,545 | €4,430 | +€1,885 | +74.1% |
| Recurring financial charges | 65 | €2,545 | €4,430 | +€1,885 | +74.1% |
| Profit (loss) for the period before taxes | 9903 | -€46,658 | €25,022 | +€71,680 | |
| Income taxes | 67/77 | €299 | - | -€299 | |
| Profit (loss) for the period | 9904 | -€46,957 | €25,022 | +€71,979 | |
| Profit (loss) for the period to be appropriated | 9905 | -€46,957 | €25,022 | +€71,979 |
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 17 October 2026 via checked.be.