INKER: 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.
INKER
Largest movements
- Cash +€53,544
up €53,544 (+125.9%), from €42,524 to €96,068
mainly Contributions, distributions and other (+€75,000) and Current portion of long-term debt (+€55,232)
- Tangible fixed assets -€19,627
down €19,627 (-29.3%), from €67,056 to €47,429
of which Leasing and similar rights: -€14,612
- Intangible fixed assets -€3,942
down €3,942 (-25.1%), from €15,704 to €11,762
- Debts after one year -€94,150
down €94,150 (-100.0%), from €94,150 to €0
- Contributions +€75,000
up €75,000 (+26.7%), from €281,000 to €356,000
- Current portion of long-term debt +€55,232
up €55,232 (+146.0%), from €37,843 to €93,074
- Profit (loss) carried forward -€8,177
down €8,177 (-2.5%), from -€331,205 to -€339,381
- Accrued charges and deferred income -€3,043
down €3,043 (-100.0%), from €3,043 to €0
- Gross operating margin +€53,728
up €53,728 (+51.4%), from €104,562 to €158,290
- Other operating charges -€46,989
down €46,989 (-97.5%), from €48,171 to €1,182
- Staff costs +€20,026
up €20,026 (+19.1%), from €104,747 to €124,773
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 | €167,968 | €196,507 | +€28,539 | +17.0% |
| Fixed assets | 21/28 | €87,760 | €63,691 | -€24,069 | -27.4% |
| Intangible fixed assets | 21 | €15,704 | €11,762 | -€3,942 | -25.1% |
| Tangible fixed assets | 22/27 | €67,056 | €47,429 | -€19,627 | -29.3% |
| Plant, machinery and equipment | 23 | €38,146 | €33,444 | -€4,702 | -12.3% |
| Furniture and vehicles | 24 | €646 | €333 | -€313 | -48.4% |
| Leasing and similar rights | 25 | €28,264 | €13,652 | -€14,612 | -51.7% |
| Financial fixed assets | 28 | €5,000 | €4,500 | -€500 | -10.0% |
| Current assets | 29/58 | €80,208 | €132,817 | +€52,608 | +65.6% |
| Stocks and contracts in progress | 3 | €24,156 | €23,359 | -€798 | -3.3% |
| Stocks | 30/36 | €24,156 | €23,359 | -€798 | -3.3% |
| Amounts receivable within one year | 40/41 | €11,878 | €11,391 | -€488 | -4.1% |
| Trade receivables | 40 | €11,878 | €11,391 | -€488 | -4.1% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €42,524 | €96,068 | +€53,544 | +125.9% |
| Deferred charges and accrued income | 490/1 | €1,650 | €1,999 | +€349 | +21.2% |
| Total equity and liabilities | 10/49 | €167,968 | €196,507 | +€28,539 | +17.0% |
| Equity | 10/15 | -€50,205 | €16,619 | +€66,823 | |
| Contributions | 10/11 | €281,000 | €356,000 | +€75,000 | +26.7% |
| Profit (loss) carried forward | 14 | -€331,205 | -€339,381 | -€8,177 | -2.5% |
| Amounts payable | 17/49 | €218,173 | €179,889 | -€38,284 | -17.5% |
| Amounts payable after more than one year | 17 | €94,150 | €0 | -€94,150 | -100.0% |
| Financial debts | 170/4 | €94,150 | €0 | -€94,150 | -100.0% |
| Amounts payable within one year | 42/48 | €120,980 | €179,889 | +€58,909 | +48.7% |
| Current portion of amounts payable after more than one year | 42 | €37,843 | €93,074 | +€55,232 | +146.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €54,076 | €54,221 | +€144 | +0.3% |
| Suppliers | 440/4 | €54,076 | €54,221 | +€144 | +0.3% |
| Advances received on contracts in progress | 46 | €0 | €1,148 | +€1,148 | |
| Taxes, remuneration and social security | 45 | €28,449 | €31,446 | +€2,997 | +10.5% |
| Taxes | 450/3 | €8,863 | €12,471 | +€3,608 | +40.7% |
| Remuneration and social security | 454/9 | €19,586 | €18,975 | -€611 | -3.1% |
| Other amounts payable | 47/48 | €612 | €0 | -€612 | -100.0% |
| Accrued charges and deferred income | 492/3 | €3,043 | €0 | -€3,043 | -100.0% |
| Non-recurring operating income | 76A | €63 | €233 | +€170 | +268.7% |
| Remuneration, social security and pensions | 62 | €104,747 | €124,773 | +€20,026 | +19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,602 | €36,139 | +€537 | +1.5% |
| Other operating charges | 640/8 | €48,171 | €1,182 | -€46,989 | -97.5% |
| Gross operating margin | 9900 | €104,562 | €158,290 | +€53,728 | +51.4% |
| Operating profit (loss) | 9901 | -€83,958 | -€3,803 | +€80,155 | +95.5% |
| Financial income | 75/76B | €21 | €207 | +€186 | +903.3% |
| Recurring financial income | 75 | €21 | €207 | +€186 | +903.3% |
| Financial charges | 65/66B | €6,019 | €4,580 | -€1,439 | -23.9% |
| Recurring financial charges | 65 | €6,019 | €4,580 | -€1,439 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | -€89,956 | -€8,177 | +€81,779 | +90.9% |
| Profit (loss) for the period | 9904 | -€89,956 | -€8,177 | +€81,779 | +90.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€89,956 | -€8,177 | +€81,779 | +90.9% |
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 8 October 2026 via checked.be.