InMac Int.: 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.
What changed
InMac Int.
NACE 46.645, Wholesale trade
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€233,187
2024 · €144,791+€88,396
Equity
€2.0m
2024 · €1.8m+€218,719
Cash
€635,966
2024 · €321,747+€314,219
Balance sheet total
€5.1m
2024 · €5.0m+€58,109
Largest movements
Assets
- Receivables within one year -€984,824
down €984,824 (-47.4%), from €2.1m to €1.1m
of which Trade receivables: -€1.1m
- Stocks and contracts +€396,021
up €396,021, from €0 to €396,021
- Intangible fixed assets +€379,836
up €379,836, from €0 to €379,836
- Cash +€314,219
up €314,219 (+97.7%), from €321,747 to €635,966
mainly Receivables within one year (+€984,824) and Trade debts (+€824,092)
- Tangible fixed assets -€202,976
down €202,976 (-8.1%), from €2.5m to €2.3m
of which Furniture and vehicles: -€171,442
Equity and liabilities
- Other debts -€883,980
down €883,980 (-69.3%), from €1.3m to €390,978
- Trade debts +€824,092
up €824,092 (+443.3%), from €185,892 to €1.0m
- Reserves +€233,187
up €233,187 (+16.9%), from €1.4m to €1.6m
of which Distributable reserves: +€246,965
- Debts after one year -€178,792
down €178,792 (-15.4%), from €1.2m to €982,903
- Accrued charges and deferred income +€161,466
up €161,466 (+1922.7%), from €8,398 to €169,864
Income statement
- Other operating income -€2.4m
no longer reported in 2025 (was €2.4m)
- Gross operating margin +€2.1m
new in 2025: €2.1m
- Turnover -€883,611
no longer reported in 2025 (was €883,611)
- Goods and materials -€841,498
no longer reported in 2025 (was €841,498)
of which Purchases: -€841,498
- Staff costs -€460,930
down €460,930 (-24.8%), from €1.9m to €1.4m
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.
Result 2024
€144,791
Turnover
-€883,611
Other operating income
-€2.4m
Goods and materials
+€841,498
Services and other goods
+€187,971
Staff costs
+€460,930
Depreciation
+€24,182
Other operating charges
-€93,508
Other operating items
+€2.0m
Financial income
+€10,203
Financial charges
+€7,600
Taxes
-€39,821
Deferred taxes and other
-€13,106
Result 2025
€233,187
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.
From operations
+€912,384
Investment
-€390,638
Financing
-€207,528
Cash 2024
€321,747
From operations (derived)
+€912,384
Net result for the year
+€233,187
Depreciation
+€213,778
Stocks and contracts
-€396,021
Receivables within one year
+€984,824
Deferred charges and accrued income
-€155,833
Provisions
-€8,507
Trade debts
+€824,092
Tax, wage and social debts
-€60,620
Other debts
-€883,980
Accrued charges and deferred income
+€161,466
Investment (derived)
-€390,638
Investment in fixed assets (net)
-€390,638
Financing
-€207,528
Debts after one year
-€178,792
Current portion of long-term debt
-€14,268
Contributions, distributions and other
-€14,468
Cash 2025
€635,966
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,995,958 | €5,054,067 | +€58,109 | +1.2% |
| Fixed assets | 21/28 | €2,583,114 | €2,759,974 | +€176,860 | +6.8% |
| Intangible fixed assets | 21 | €0 | €379,836 | +€379,836 | |
| Tangible fixed assets | 22/27 | €2,502,705 | €2,299,729 | -€202,976 | -8.1% |
| Land and buildings | 22 | €2,085,425 | €2,014,439 | -€70,986 | -3.4% |
| Plant, machinery and equipment | 23 | €0 | €39,452 | +€39,452 | |
| Furniture and vehicles | 24 | €417,280 | €245,838 | -€171,442 | -41.1% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €80,409 | €80,409 | = | 0.0% |
| Affiliated companies | 280/1 | €80,000 | - | -€80,000 | |
| Participating interests | 280 | €80,000 | - | -€80,000 | |
| Other financial fixed assets | 284/8 | €409 | - | -€409 | |
| Amounts receivable and cash guarantees | 285/8 | €409 | - | -€409 | |
| Current assets | 29/58 | €2,412,844 | €2,294,093 | -€118,751 | -4.9% |
| Stocks and contracts in progress | 3 | €0 | €396,021 | +€396,021 | |
| Stocks | 30/36 | €0 | €396,021 | +€396,021 | |
| Goods purchased for resale | 34 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €2,077,278 | €1,092,454 | -€984,824 | -47.4% |
| Trade receivables | 40 | €1,987,904 | €901,871 | -€1.1m | -54.6% |
| Other amounts receivable | 41 | €89,374 | €190,583 | +€101,209 | +113.2% |
| Current investments | 50/53 | €0 | - | = | |
| Other investments | 51/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €321,747 | €635,966 | +€314,219 | +97.7% |
| Deferred charges and accrued income | 490/1 | €13,818 | €169,652 | +€155,833 | +1127.7% |
| Total equity and liabilities | 10/49 | €4,995,958 | €5,054,067 | +€58,109 | +1.2% |
| Equity | 10/15 | €1,799,840 | €2,018,560 | +€218,719 | +12.2% |
| Contributions | 10/11 | €238,882 | €238,882 | = | 0.0% |
| Capital | 10 | €238,882 | €238,882 | = | 0.0% |
| Issued capital | 100 | €238,882 | €238,882 | = | 0.0% |
| Reserves | 13 | €1,380,538 | €1,613,725 | +€233,187 | +16.9% |
| Non-distributable reserves | 130/1 | €23,888 | €23,888 | = | 0.0% |
| Legal reserve | 130 | €23,888 | €23,888 | = | 0.0% |
| Tax-exempt reserves | 132 | €174,409 | €160,632 | -€13,778 | -7.9% |
| Distributable reserves | 133 | €1,182,241 | €1,429,205 | +€246,965 | +20.9% |
| Investment grants | 15 | €180,420 | €165,953 | -€14,468 | -8.0% |
| Provisions and deferred taxes | 16 | €117,666 | €109,158 | -€8,507 | -7.2% |
| Deferred taxes | 168 | €117,666 | €109,158 | -€8,507 | -7.2% |
| Amounts payable | 17/49 | €3,078,451 | €2,926,349 | -€152,103 | -4.9% |
| Amounts payable after more than one year | 17 | €1,161,695 | €982,903 | -€178,792 | -15.4% |
| Financial debts | 170/4 | €1,161,695 | €982,903 | -€178,792 | -15.4% |
| Credit institutions | 173 | €1,161,695 | - | -€1.2m | |
| Amounts payable within one year | 42/48 | €1,908,358 | €1,773,582 | -€134,776 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €167,581 | €153,313 | -€14,268 | -8.5% |
| Trade debts | 44 | €185,892 | €1,009,984 | +€824,092 | +443.3% |
| Suppliers | 440/4 | €185,892 | €1,009,984 | +€824,092 | +443.3% |
| Taxes, remuneration and social security | 45 | €279,928 | €219,307 | -€60,620 | -21.7% |
| Taxes | 450/3 | €58,026 | €68,804 | +€10,778 | +18.6% |
| Remuneration and social security | 454/9 | €221,901 | €150,503 | -€71,398 | -32.2% |
| Other amounts payable | 47/48 | €1,274,957 | €390,978 | -€883,980 | -69.3% |
| Accrued charges and deferred income | 492/3 | €8,398 | €169,864 | +€161,466 | +1922.7% |
| Operating income | 70/76A | €3,302,050 | - | -€3.3m | |
| Turnover | 70 | €883,611 | - | -€883,611 | |
| Other operating income | 74 | €2,407,938 | - | -€2.4m | |
| Non-recurring operating income | 76A | €10,500 | €3,400 | -€7,100 | -67.6% |
| Operating charges | 60/66A | €3,143,112 | - | -€3.1m | |
| Goods for resale, raw materials and consumables | 60 | €841,498 | - | -€841,498 | |
| Purchases | 600/8 | €841,498 | - | -€841,498 | |
| Change in stocks: decrease (increase) | 609 | €0 | - | = | |
| Services and other goods | 61 | €187,971 | - | -€187,971 | |
| Remuneration, social security and pensions | 62 | €1,857,253 | €1,396,323 | -€460,930 | -24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €237,959 | €213,778 | -€24,182 | -10.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €18,431 | €111,938 | +€93,508 | +507.4% |
| Non-recurring operating charges | 66A | - | €96,452 | +€96,452 | |
| Gross operating margin | 9900 | - | €2,100,948 | +€2.1m | |
| Operating profit (loss) | 9901 | €158,938 | €282,458 | +€123,520 | +77.7% |
| Financial income | 75/76B | €77,733 | €87,936 | +€10,203 | +13.1% |
| Recurring financial income | 75 | €77,733 | €87,936 | +€10,203 | +13.1% |
| Income from current assets | 751 | €26,211 | - | -€26,211 | |
| Other financial income | 752/9 | €51,522 | - | -€51,522 | |
| Financial charges | 65/66B | €59,510 | €51,910 | -€7,600 | -12.8% |
| Recurring financial charges | 65 | €59,510 | €51,910 | -€7,600 | -12.8% |
| Debt charges | 650 | €52,988 | - | -€52,988 | |
| Other financial charges | 652/9 | €6,522 | - | -€6,522 | |
| Profit (loss) for the period before taxes | 9903 | €177,160 | €318,484 | +€141,323 | +79.8% |
| Transfer from deferred taxes | 780 | €21,613 | €8,507 | -€13,106 | -60.6% |
| Income taxes | 67/77 | €53,983 | €93,804 | +€39,821 | +73.8% |
| Taxes | 670/3 | €53,983 | - | -€53,983 | |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €144,791 | €233,187 | +€88,396 | +61.1% |
| Transfer from tax-exempt reserves | 789 | €13,778 | €13,778 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €158,569 | €246,965 | +€88,396 | +55.7% |
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 10 October 2026 via checked.be.