Inmo West: 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.
Inmo West
Largest movements
- Tangible fixed assets +€351,431
up €351,431 (+21.0%), from €1.7m to €2.0m
- Current investments -€350,000
down €350,000 (-70.0%), from €500,000 to €150,000
- Financial fixed assets -€50,000
down €50,000 (-33.3%), from €150,000 to €100,000
- Reserves -€54,471
down €54,471 (-2.3%), from €2.3m to €2.3m
of which Distributable reserves: -€54,471
- Financial charges +€49,972
up €49,972 (+73,607%), from €68 to €50,040
of which Non-recurring financial charges: +€50,000
- Turnover +€23,140
up €23,140 (+71.4%), from €32,400 to €55,540
- Depreciation +€9,465
up €9,465 (+23.9%), from €39,530 to €48,995
- Services and other goods +€8,969
up €8,969 (+104%), from €8,662 to €17,631
- Financial income -€6,334
down €6,334 (-36.1%), from €17,551 to €11,217
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 | €2,373,428 | €2,320,615 | -€52,813 | -2.2% |
| Fixed assets | 21/28 | €1,820,596 | €2,122,027 | +€301,431 | +16.6% |
| Tangible fixed assets | 22/27 | €1,670,596 | €2,022,027 | +€351,431 | +21.0% |
| Land and buildings | 22 | €1,670,596 | €2,022,027 | +€351,431 | +21.0% |
| Financial fixed assets | 28 | €150,000 | €100,000 | -€50,000 | -33.3% |
| Other financial fixed assets | 284/8 | €150,000 | €100,000 | -€50,000 | -33.3% |
| Amounts receivable and cash guarantees | 285/8 | €150,000 | €100,000 | -€50,000 | -33.3% |
| Current assets | 29/58 | €552,832 | €198,588 | -€354,244 | -64.1% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €17,693 | €32,227 | +€14,533 | +82.1% |
| Trade receivables | 40 | €2,428 | €2,390 | -€37 | -1.5% |
| Other amounts receivable | 41 | €15,266 | €29,836 | +€14,570 | +95.4% |
| Current investments | 50/53 | €500,000 | €150,000 | -€350,000 | -70.0% |
| Other investments | 51/53 | €500,000 | €150,000 | -€350,000 | -70.0% |
| Cash at bank and in hand | 54/58 | €25,321 | €15,882 | -€9,439 | -37.3% |
| Deferred charges and accrued income | 490/1 | €9,818 | €479 | -€9,339 | -95.1% |
| Total equity and liabilities | 10/49 | €2,373,428 | €2,320,615 | -€52,813 | -2.2% |
| Equity | 10/15 | €2,370,522 | €2,316,051 | -€54,471 | -2.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €2,340,522 | €2,286,051 | -€54,471 | -2.3% |
| Tax-exempt reserves | 132 | €165,085 | €165,085 | = | 0.0% |
| Distributable reserves | 133 | €2,175,437 | €2,120,967 | -€54,471 | -2.5% |
| Amounts payable | 17/49 | €2,906 | €4,563 | +€1,657 | +57.0% |
| Amounts payable within one year | 42/48 | €53 | €4,516 | +€4,464 | +8,441% |
| Trade debts | 44 | €53 | €2,696 | +€2,644 | +4,999% |
| Suppliers | 440/4 | €53 | €2,696 | +€2,644 | +4,999% |
| Advances received on contracts in progress | 46 | €0 | €1,820 | +€1,820 | |
| Accrued charges and deferred income | 492/3 | €2,853 | €47 | -€2,806 | -98.4% |
| Operating income | 70/76A | €32,400 | €55,540 | +€23,140 | +71.4% |
| Turnover | 70 | €32,400 | €55,540 | +€23,140 | +71.4% |
| Operating charges | 60/66A | €52,984 | €71,187 | +€18,204 | +34.4% |
| Services and other goods | 61 | €8,662 | €17,631 | +€8,969 | +104% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,530 | €48,995 | +€9,465 | +23.9% |
| Other operating charges | 640/8 | €4,792 | €4,561 | -€230 | -4.8% |
| Operating profit (loss) | 9901 | -€20,584 | -€15,647 | +€4,936 | +24.0% |
| Financial income | 75/76B | €17,551 | €11,217 | -€6,334 | -36.1% |
| Recurring financial income | 75 | €17,551 | €11,217 | -€6,334 | -36.1% |
| Income from current assets | 751 | €17,551 | €11,217 | -€6,334 | -36.1% |
| Financial charges | 65/66B | €68 | €50,040 | +€49,972 | +73,607% |
| Recurring financial charges | 65 | €68 | €40 | -€28 | -41.1% |
| Other financial charges | 652/9 | €68 | €40 | -€28 | -41.1% |
| Non-recurring financial charges | 66B | - | €50,000 | +€50,000 | |
| Profit (loss) for the period before taxes | 9903 | -€3,101 | -€54,471 | -€51,369 | -1,656% |
| Profit (loss) for the period | 9904 | -€3,101 | -€54,471 | -€51,369 | -1,656% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,101 | -€54,471 | -€51,369 | -1,656% |
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 20 October 2026 via checked.be.