INNDUCE.me: 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.
INNDUCE.me
Largest movements
- Intangible fixed assets -€19,744
down €19,744 (-54.1%), from €36,522 to €16,778
- Cash +€5,166
up €5,166, from €0 to €5,166
mainly Debts after one year (+€34,185) and Depreciation (+€20,679)
- Formation expenses -€696
down €696 (-100%), from €696 to €0
- Profit (loss) carried forward -€39,460
down €39,460 (-15.9%), from -€248,900 to -€288,360
- Debts after one year +€34,185
up €34,185 (+47.5%), from €72,029 to €106,214
- Short-term financial debts -€15,900
down €15,900 (-11.3%), from €140,900 to €125,000
- Other debts +€4,964
up €4,964, from €0 to €4,964
- Trade debts +€3,565
up €3,565 (+14.4%), from €24,726 to €28,292
- Depreciation +€5,744
up €5,744 (+38.5%), from €14,936 to €20,679
- Financial charges +€1,014
up €1,014 (+8.1%), from €12,471 to €13,485
- Other operating charges -€417
down €417 (-100%), from €417 to €0
- Gross operating margin -€236
down €236 (-4.7%), from -€5,060 to -€5,295
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 | €38,166 | €22,811 | -€15,355 | -40.2% |
| Formation expenses | 20 | €696 | €0 | -€696 | -100% |
| Fixed assets | 21/28 | €36,761 | €16,778 | -€19,983 | -54.4% |
| Intangible fixed assets | 21 | €36,522 | €16,778 | -€19,744 | -54.1% |
| Tangible fixed assets | 22/27 | €239 | €0 | -€239 | -100% |
| Furniture and vehicles | 24 | €239 | €0 | -€239 | -100% |
| Current assets | 29/58 | €708 | €6,033 | +€5,325 | +752% |
| Amounts receivable within one year | 40/41 | €708 | €867 | +€159 | +22.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €708 | €867 | +€159 | +22.5% |
| Cash at bank and in hand | 54/58 | €0 | €5,166 | +€5,166 | |
| Total equity and liabilities | 10/49 | €38,166 | €22,811 | -€15,355 | -40.2% |
| Equity | 10/15 | -€202,199 | -€241,659 | -€39,460 | -19.5% |
| Contributions | 10/11 | €46,701 | €46,701 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€248,900 | -€288,360 | -€39,460 | -15.9% |
| Amounts payable | 17/49 | €240,365 | €264,470 | +€24,105 | +10.0% |
| Amounts payable after more than one year | 17 | €72,029 | €106,214 | +€34,185 | +47.5% |
| Financial debts | 170/4 | €72,029 | €106,214 | +€34,185 | +47.5% |
| Amounts payable within one year | 42/48 | €165,626 | €158,256 | -€7,370 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €140,900 | €125,000 | -€15,900 | -11.3% |
| Credit institutions | 430/8 | €140,900 | €125,000 | -€15,900 | -11.3% |
| Trade debts | 44 | €24,726 | €28,292 | +€3,565 | +14.4% |
| Suppliers | 440/4 | €24,726 | €28,292 | +€3,565 | +14.4% |
| Other amounts payable | 47/48 | €0 | €4,964 | +€4,964 | |
| Accrued charges and deferred income | 492/3 | €2,709 | €0 | -€2,709 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,936 | €20,679 | +€5,744 | +38.5% |
| Other operating charges | 640/8 | €417 | €0 | -€417 | -100% |
| Gross operating margin | 9900 | -€5,060 | -€5,295 | -€236 | -4.7% |
| Operating profit (loss) | 9901 | -€20,413 | -€25,975 | -€5,562 | -27.2% |
| Financial charges | 65/66B | €12,471 | €13,485 | +€1,014 | +8.1% |
| Recurring financial charges | 65 | €12,471 | €13,485 | +€1,014 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | -€32,884 | -€39,460 | -€6,576 | -20.0% |
| Profit (loss) for the period | 9904 | -€32,884 | -€39,460 | -€6,576 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,884 | -€39,460 | -€6,576 | -20.0% |
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 19 October 2026 via checked.be.