INKLING: 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.
INKLING
Largest movements
- Cash -€67,673
down €67,673 (-40.8%), from €165,983 to €98,309
mainly Net result for the year (-€24,738) and Receivables within one year (-€24,418)
- Receivables within one year +€24,418
up €24,418 (+42.5%), from €57,457 to €81,875
of which Trade receivables: +€20,801
- Tangible fixed assets +€6,335
up €6,335 (+2.4%), from €268,383 to €274,718
of which Furniture and vehicles: +€16,094
- Profit (loss) carried forward -€24,738
down €24,738 (-41.8%), from €59,189 to €34,451
- Debts after one year -€19,867
down €19,867 (-12.9%), from €153,494 to €133,627
- Trade debts +€17,946
up €17,946 (+414.2%), from €4,332 to €22,278
- Other debts -€5,633
down €5,633 (-86.9%), from €6,480 to €847
- Gross operating margin -€22,816
down €22,816, from €18,052 to -€4,764
- Financial charges -€1,259
down €1,259 (-16.2%), from €7,755 to €6,496
- Depreciation +€579
up €579 (+5.9%), from €9,759 to €10,338
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 | €492,609 | €456,651 | -€35,958 | -7.3% |
| Fixed assets | 21/28 | €268,533 | €274,868 | +€6,335 | +2.4% |
| Tangible fixed assets | 22/27 | €268,383 | €274,718 | +€6,335 | +2.4% |
| Land and buildings | 22 | €268,383 | €258,625 | -€9,759 | -3.6% |
| Furniture and vehicles | 24 | - | €16,094 | +€16,094 | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €224,076 | €181,782 | -€42,293 | -18.9% |
| Amounts receivable within one year | 40/41 | €57,457 | €81,875 | +€24,418 | +42.5% |
| Trade receivables | 40 | €8,893 | €29,694 | +€20,801 | +233.9% |
| Other amounts receivable | 41 | €48,564 | €52,181 | +€3,617 | +7.4% |
| Cash at bank and in hand | 54/58 | €165,983 | €98,309 | -€67,673 | -40.8% |
| Deferred charges and accrued income | 490/1 | €636 | €1,598 | +€962 | +151.2% |
| Total equity and liabilities | 10/49 | €492,609 | €456,651 | -€35,958 | -7.3% |
| Equity | 10/15 | €303,052 | €278,314 | -€24,738 | -8.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €237,663 | €237,663 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €235,803 | €235,803 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,189 | €34,451 | -€24,738 | -41.8% |
| Amounts payable | 17/49 | €189,557 | €178,337 | -€11,220 | -5.9% |
| Amounts payable after more than one year | 17 | €153,494 | €133,627 | -€19,867 | -12.9% |
| Financial debts | 170/4 | €153,494 | €133,627 | -€19,867 | -12.9% |
| Amounts payable within one year | 42/48 | €36,063 | €44,710 | +€8,647 | +24.0% |
| Current portion of amounts payable after more than one year | 42 | €19,068 | €19,867 | +€799 | +4.2% |
| Trade debts | 44 | €4,332 | €22,278 | +€17,946 | +414.2% |
| Suppliers | 440/4 | €4,332 | €22,278 | +€17,946 | +414.2% |
| Taxes, remuneration and social security | 45 | €6,182 | €1,717 | -€4,465 | -72.2% |
| Taxes | 450/3 | €4,488 | - | -€4,488 | |
| Remuneration and social security | 454/9 | €1,694 | €1,717 | +€23 | +1.3% |
| Other amounts payable | 47/48 | €6,480 | €847 | -€5,633 | -86.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,759 | €10,338 | +€579 | +5.9% |
| Other operating charges | 640/8 | €3,174 | €3,008 | -€166 | -5.2% |
| Gross operating margin | 9900 | €18,052 | -€4,764 | -€22,816 | |
| Operating profit (loss) | 9901 | €5,119 | -€18,110 | -€23,229 | |
| Financial charges | 65/66B | €7,755 | €6,496 | -€1,259 | -16.2% |
| Recurring financial charges | 65 | €7,755 | €6,496 | -€1,259 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,636 | -€24,606 | -€21,970 | -833.3% |
| Income taxes | 67/77 | €129 | €132 | +€3 | +1.9% |
| Profit (loss) for the period | 9904 | -€2,766 | -€24,738 | -€21,972 | -794.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,766 | -€24,738 | -€21,972 | -794.4% |
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 9 October 2026 via checked.be.