Inlova: 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.
Inlova
Largest movements
- Current investments +€323,517
up €323,517 (+1,087%), from €29,759 to €353,276
- Tangible fixed assets +€79,725
up €79,725 (+127%), from €62,664 to €142,389
of which Furniture and vehicles: +€86,658
- Reserves +€300,203
up €300,203 (+138%), from €217,496 to €517,699
- Tax, wage and social debts +€78,695
up €78,695 (+97.0%), from €81,160 to €159,855
- Debts after one year -€56,263
down €56,263 (-4.2%), from €1.3m to €1.3m
of which Financial debts: -€56,263
- Other debts +€50,984
up €50,984 (+25.2%), from €201,969 to €252,952
- Current portion of long-term debt +€29,874
up €29,874 (+27.7%), from €107,936 to €137,810
- Gross operating margin +€89,919
up €89,919 (+30.2%), from €298,133 to €388,052
- Financial income +€73,897
up €73,897 (+1,226%), from €6,029 to €79,926
- Financial charges +€63,672
up €63,672 (+6,369%), from €1,000 to €64,672
- Depreciation +€14,153
up €14,153 (+165%), from €8,553 to €22,706
- Taxes +€4,363
up €4,363 (+5.9%), from €74,474 to €78,838
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 | €1,994,053 | €2,413,694 | +€419,641 | +21.0% |
| Fixed assets | 21/28 | €1,857,184 | €1,936,909 | +€79,725 | +4.3% |
| Tangible fixed assets | 22/27 | €62,664 | €142,389 | +€79,725 | +127% |
| Furniture and vehicles | 24 | €7,317 | €93,975 | +€86,658 | +1,184% |
| Leasing and similar rights | 25 | €46,626 | €44,626 | -€2,000 | -4.3% |
| Other tangible fixed assets | 26 | €4,156 | €3,788 | -€367 | -8.8% |
| Assets under construction and advance payments | 27 | €4,566 | €0 | -€4,566 | -100% |
| Financial fixed assets | 28 | €1,794,520 | €1,794,520 | = | 0.0% |
| Current assets | 29/58 | €136,868 | €476,785 | +€339,916 | +248% |
| Amounts receivable within one year | 40/41 | €15,094 | €15,694 | +€600 | +4.0% |
| Trade receivables | 40 | €15,094 | €15,694 | +€600 | +4.0% |
| Current investments | 50/53 | €29,759 | €353,276 | +€323,517 | +1,087% |
| Cash at bank and in hand | 54/58 | €89,492 | €104,512 | +€15,020 | +16.8% |
| Deferred charges and accrued income | 490/1 | €2,524 | €3,303 | +€779 | +30.9% |
| Total equity and liabilities | 10/49 | €1,994,053 | €2,413,694 | +€419,641 | +21.0% |
| Equity | 10/15 | €267,496 | €567,699 | +€300,203 | +112% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €217,496 | €517,699 | +€300,203 | +138% |
| Distributable reserves | 133 | €217,496 | €517,699 | +€300,203 | +138% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,726,557 | €1,845,995 | +€119,438 | +6.9% |
| Amounts payable after more than one year | 17 | €1,332,584 | €1,276,321 | -€56,263 | -4.2% |
| Financial debts | 170/4 | €838,064 | €781,801 | -€56,263 | -6.7% |
| Other amounts payable | 178/9 | €494,520 | €494,520 | = | 0.0% |
| Amounts payable within one year | 42/48 | €393,972 | €551,464 | +€157,492 | +40.0% |
| Current portion of amounts payable after more than one year | 42 | €107,936 | €137,810 | +€29,874 | +27.7% |
| Trade debts | 44 | €2,908 | €847 | -€2,061 | -70.9% |
| Suppliers | 440/4 | €2,908 | €847 | -€2,061 | -70.9% |
| Taxes, remuneration and social security | 45 | €81,160 | €159,855 | +€78,695 | +97.0% |
| Taxes | 450/3 | €81,160 | €159,855 | +€78,695 | +97.0% |
| Other amounts payable | 47/48 | €201,969 | €252,952 | +€50,984 | +25.2% |
| Accrued charges and deferred income | 492/3 | - | €18,209 | +€18,209 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,553 | €22,706 | +€14,153 | +165% |
| Other operating charges | 640/8 | €2,640 | €796 | -€1,844 | -69.9% |
| Gross operating margin | 9900 | €298,133 | €388,052 | +€89,919 | +30.2% |
| Operating profit (loss) | 9901 | €286,941 | €364,551 | +€77,610 | +27.0% |
| Financial income | 75/76B | €6,029 | €79,926 | +€73,897 | +1,226% |
| Recurring financial income | 75 | €6,029 | €79,926 | +€73,897 | +1,226% |
| Financial charges | 65/66B | €1,000 | €64,672 | +€63,672 | +6,369% |
| Recurring financial charges | 65 | €1,000 | €64,672 | +€63,672 | +6,369% |
| Profit (loss) for the period before taxes | 9903 | €291,970 | €379,805 | +€87,835 | +30.1% |
| Income taxes | 67/77 | €74,474 | €78,838 | +€4,363 | +5.9% |
| Profit (loss) for the period | 9904 | €217,496 | €300,968 | +€83,472 | +38.4% |
| Profit (loss) for the period to be appropriated | 9905 | €217,496 | €300,968 | +€83,472 | +38.4% |
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 23 October 2026 via checked.be.