INKorporate: what changed
INKorporate
Largest movements
- Financial fixed assets -€41,448
down €41,448 (-100%), from €41,448 to €0
- Cash +€10,610
up €10,610 (+37.0%), from €28,662 to €39,272
mainly Investment in fixed assets (net) (+€41,448) and Receivables within one year (+€8,813)
- Receivables within one year -€8,813
down €8,813 (-32.6%), from €27,016 to €18,203
of which Trade receivables: -€11,849
- Tangible fixed assets -€2,200
down €2,200 (-41.8%), from €5,268 to €3,067
of which Plant, machinery and equipment: -€1,572
- Deferred charges and accrued income +€2,047
up €2,047, from €0 to €2,047
- Other debts -€19,458
down €19,458 (-100%), from €19,458 to €0
- Profit (loss) carried forward -€10,583
down €10,583 (-56.5%), from €18,742 to €8,159
- Tax, wage and social debts -€10,111
down €10,111 (-77.8%), from €12,990 to €2,879
- Gross operating margin -€51,055
down €51,055, from €44,563 to -€6,492
- Taxes -€8,765
down €8,765 (-100%), from €8,765 to €0
- Other operating charges +€8,063
up €8,063 (+791%), from €1,020 to €9,083
- Financial income -€640
down €640 (-8.0%), from €7,958 to €7,318
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €102,394 | €62,589 | -€39,805 | -38.9% |
| Fixed assets | 21/28 | €46,716 | €3,067 | -€43,648 | -93.4% |
| Tangible fixed assets | 22/27 | €5,268 | €3,067 | -€2,200 | -41.8% |
| Plant, machinery and equipment | 23 | €2,759 | €1,187 | -€1,572 | -57.0% |
| Furniture and vehicles | 24 | €2,509 | €1,880 | -€628 | -25.0% |
| Financial fixed assets | 28 | €41,448 | €0 | -€41,448 | -100% |
| Current assets | 29/58 | €55,678 | €59,521 | +€3,843 | +6.9% |
| Amounts receivable within one year | 40/41 | €27,016 | €18,203 | -€8,813 | -32.6% |
| Trade receivables | 40 | €24,625 | €12,776 | -€11,849 | -48.1% |
| Other amounts receivable | 41 | €2,392 | €5,427 | +€3,035 | +127% |
| Cash at bank and in hand | 54/58 | €28,662 | €39,272 | +€10,610 | +37.0% |
| Deferred charges and accrued income | 490/1 | €0 | €2,047 | +€2,047 | |
| Total equity and liabilities | 10/49 | €102,394 | €62,589 | -€39,805 | -38.9% |
| Equity | 10/15 | €67,342 | €56,759 | -€10,583 | -15.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30,000 | €30,000 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,742 | €8,159 | -€10,583 | -56.5% |
| Amounts payable | 17/49 | €35,052 | €5,830 | -€29,222 | -83.4% |
| Amounts payable within one year | 42/48 | €35,052 | €5,830 | -€29,222 | -83.4% |
| Trade debts | 44 | €2,605 | €2,951 | +€346 | +13.3% |
| Suppliers | 440/4 | €2,605 | €2,951 | +€346 | +13.3% |
| Taxes, remuneration and social security | 45 | €12,990 | €2,879 | -€10,111 | -77.8% |
| Taxes | 450/3 | €12,990 | €2,879 | -€10,111 | -77.8% |
| Other amounts payable | 47/48 | €19,458 | €0 | -€19,458 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,263 | €2,200 | -€63 | -2.8% |
| Other operating charges | 640/8 | €1,020 | €9,083 | +€8,063 | +791% |
| Non-recurring operating charges | 66A | €4,323 | €0 | -€4,323 | -100% |
| Gross operating margin | 9900 | €44,563 | -€6,492 | -€51,055 | |
| Operating profit (loss) | 9901 | €36,957 | -€17,775 | -€54,732 | |
| Financial income | 75/76B | €7,958 | €7,318 | -€640 | -8.0% |
| Recurring financial income | 75 | €7,958 | €7,318 | -€640 | -8.0% |
| Financial charges | 65/66B | €192 | €126 | -€67 | -34.7% |
| Recurring financial charges | 65 | €192 | €126 | -€67 | -34.7% |
| Profit (loss) for the period before taxes | 9903 | €44,722 | -€10,583 | -€55,305 | |
| Income taxes | 67/77 | €8,765 | €0 | -€8,765 | -100% |
| Profit (loss) for the period | 9904 | €35,957 | -€10,583 | -€46,540 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,957 | -€10,583 | -€46,540 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.