INKUSA: 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.
INKUSA
Largest movements
- Cash +€75,571
up €75,571 (+34.0%), from €222,191 to €297,762
mainly Net result for the year (+€74,722) and Tax, wage and social debts (+€3,637)
- Receivables within one year +€5,494
up €5,494 (+30.3%), from €18,150 to €23,644
of which Trade receivables: +€4,392
- Reserves +€74,722
up €74,722 (+60.8%), from €122,863 to €197,585
- Tax, wage and social debts +€3,637
up €3,637 (+80.3%), from €4,531 to €8,168
- Gross operating margin +€7,926
up €7,926 (+8.2%), from €97,191 to €105,117
- Financial charges +€2,396
up €2,396 (+37.1%), from €6,456 to €8,851
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 | €244,082 | €323,526 | +€79,445 | +32.5% |
| Fixed assets | 21/28 | €2,605 | €962 | -€1,643 | -63.1% |
| Tangible fixed assets | 22/27 | €2,605 | €962 | -€1,643 | -63.1% |
| Furniture and vehicles | 24 | €2,605 | €962 | -€1,643 | -63.1% |
| Current assets | 29/58 | €241,477 | €322,564 | +€81,088 | +33.6% |
| Amounts receivable within one year | 40/41 | €18,150 | €23,644 | +€5,494 | +30.3% |
| Trade receivables | 40 | €18,150 | €22,542 | +€4,392 | +24.2% |
| Other amounts receivable | 41 | - | €1,102 | +€1,102 | |
| Cash at bank and in hand | 54/58 | €222,191 | €297,762 | +€75,571 | +34.0% |
| Deferred charges and accrued income | 490/1 | €1,136 | €1,158 | +€22 | +1.9% |
| Total equity and liabilities | 10/49 | €244,082 | €323,526 | +€79,445 | +32.5% |
| Equity | 10/15 | €130,363 | €205,085 | +€74,722 | +57.3% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €122,863 | €197,585 | +€74,722 | +60.8% |
| Distributable reserves | 133 | €122,863 | €197,585 | +€74,722 | +60.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €113,719 | €118,441 | +€4,722 | +4.2% |
| Amounts payable within one year | 42/48 | €110,334 | €113,187 | +€2,853 | +2.6% |
| Trade debts | 44 | €3,821 | €2,620 | -€1,201 | -31.4% |
| Suppliers | 440/4 | €3,821 | €2,620 | -€1,201 | -31.4% |
| Taxes, remuneration and social security | 45 | €4,531 | €8,168 | +€3,637 | +80.3% |
| Taxes | 450/3 | €4,531 | €8,168 | +€3,637 | +80.3% |
| Other amounts payable | 47/48 | €101,982 | €102,399 | +€418 | +0.4% |
| Accrued charges and deferred income | 492/3 | €3,385 | €5,254 | +€1,869 | +55.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,639 | €1,643 | +€4 | +0.2% |
| Other operating charges | 640/8 | €1,436 | €621 | -€814 | -56.7% |
| Gross operating margin | 9900 | €97,191 | €105,117 | +€7,926 | +8.2% |
| Operating profit (loss) | 9901 | €94,116 | €102,853 | +€8,737 | +9.3% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €6,456 | €8,851 | +€2,396 | +37.1% |
| Recurring financial charges | 65 | €6,456 | €8,851 | +€2,396 | +37.1% |
| Profit (loss) for the period before taxes | 9903 | €87,660 | €94,001 | +€6,341 | +7.2% |
| Income taxes | 67/77 | €18,311 | €19,279 | +€968 | +5.3% |
| Profit (loss) for the period | 9904 | €69,349 | €74,722 | +€5,373 | +7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €69,349 | €74,722 | +€5,373 | +7.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.