INNERLINK: 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.
INNERLINK
Largest movements
- Receivables within one year +€25,686
up €25,686 (+19.7%), from €130,438 to €156,124
of which Other amounts receivable: +€34,134
- Cash -€13,012
down €13,012 (-9.7%), from €133,638 to €120,626
mainly Receivables within one year (-€25,686) and Investment in fixed assets (net) (-€19,284)
- Tangible fixed assets +€8,663
up €8,663 (+15.7%), from €55,180 to €63,842
of which Furniture and vehicles: +€10,253
- Trade debts +€16,457
up €16,457 (+54.0%), from €30,500 to €46,957
- Tax, wage and social debts -€4,722
down €4,722 (-29.2%), from €16,185 to €11,464
- Reserves +€3,701
up €3,701 (+1.6%), from €237,618 to €241,319
of which Non-distributable reserves: +€3,701
- Accrued charges and deferred income +€3,455
up €3,455 (+314.1%), from €1,100 to €4,555
- Gross operating margin -€52,001
down €52,001 (-71.5%), from €72,690 to €20,689
- Taxes -€15,773
down €15,773 (-79.9%), from €19,737 to €3,964
- Depreciation +€2,409
up €2,409 (+29.3%), from €8,213 to €10,622
- Other operating charges -€1,688
down €1,688 (-59.2%), from €2,852 to €1,165
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 | €320,818 | €342,058 | +€21,240 | +6.6% |
| Fixed assets | 21/28 | €55,180 | €63,842 | +€8,663 | +15.7% |
| Tangible fixed assets | 22/27 | €55,180 | €63,842 | +€8,663 | +15.7% |
| Land and buildings | 22 | €16,251 | €14,260 | -€1,991 | -12.3% |
| Plant, machinery and equipment | 23 | €15,463 | €15,863 | +€400 | +2.6% |
| Furniture and vehicles | 24 | €23,466 | €33,719 | +€10,253 | +43.7% |
| Current assets | 29/58 | €265,638 | €278,216 | +€12,577 | +4.7% |
| Amounts receivable within one year | 40/41 | €130,438 | €156,124 | +€25,686 | +19.7% |
| Trade receivables | 40 | €60,968 | €52,520 | -€8,448 | -13.9% |
| Other amounts receivable | 41 | €69,470 | €103,604 | +€34,134 | +49.1% |
| Cash at bank and in hand | 54/58 | €133,638 | €120,626 | -€13,012 | -9.7% |
| Deferred charges and accrued income | 490/1 | €1,562 | €1,465 | -€97 | -6.2% |
| Total equity and liabilities | 10/49 | €320,818 | €342,058 | +€21,240 | +6.6% |
| Equity | 10/15 | €269,444 | €273,145 | +€3,701 | +1.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €237,618 | €241,319 | +€3,701 | +1.6% |
| Non-distributable reserves | 130/1 | €235,758 | €239,459 | +€3,701 | +1.6% |
| Other | 1319 | €235,758 | €239,459 | +€3,701 | +1.6% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,626 | €25,626 | = | 0.0% |
| Amounts payable | 17/49 | €51,374 | €68,912 | +€17,539 | +34.1% |
| Amounts payable within one year | 42/48 | €50,274 | €64,358 | +€14,084 | +28.0% |
| Financial debts | 43 | €2,729 | €5,078 | +€2,349 | +86.1% |
| Credit institutions | 430/8 | €2,729 | €5,078 | +€2,349 | +86.1% |
| Trade debts | 44 | €30,500 | €46,957 | +€16,457 | +54.0% |
| Suppliers | 440/4 | €30,500 | €46,957 | +€16,457 | +54.0% |
| Taxes, remuneration and social security | 45 | €16,185 | €11,464 | -€4,722 | -29.2% |
| Taxes | 450/3 | €16,185 | €11,464 | -€4,722 | -29.2% |
| Other amounts payable | 47/48 | €860 | €859 | -€1 | -0.1% |
| Accrued charges and deferred income | 492/3 | €1,100 | €4,555 | +€3,455 | +314.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,213 | €10,622 | +€2,409 | +29.3% |
| Other operating charges | 640/8 | €2,852 | €1,165 | -€1,688 | -59.2% |
| Gross operating margin | 9900 | €72,690 | €20,689 | -€52,001 | -71.5% |
| Operating profit (loss) | 9901 | €61,625 | €8,903 | -€52,722 | -85.6% |
| Financial income | 75/76B | €4 | €2 | -€2 | -60.5% |
| Recurring financial income | 75 | €4 | €2 | -€2 | -60.5% |
| Financial charges | 65/66B | €263 | €380 | +€118 | +44.8% |
| Recurring financial charges | 65 | €263 | €380 | +€118 | +44.8% |
| Profit (loss) for the period before taxes | 9903 | €61,366 | €8,524 | -€52,842 | -86.1% |
| Income taxes | 67/77 | €19,737 | €3,964 | -€15,773 | -79.9% |
| Profit (loss) for the period | 9904 | €41,629 | €4,560 | -€37,069 | -89.0% |
| Profit (loss) for the period to be appropriated | 9905 | €41,629 | €4,560 | -€37,069 | -89.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.