INNERTEN: 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.
INNERTEN
Largest movements
- Cash +€95,731
up €95,731 (+216.0%), from €44,317 to €140,047
mainly Debts after one year (+€87,160) and Depreciation (+€45,080)
- Tangible fixed assets +€44,571
up €44,571 (+12.0%), from €371,715 to €416,286
of which Other tangible fixed assets: +€59,698
- Debts after one year +€87,160
up €87,160 (+40.0%), from €217,887 to €305,047
- Trade debts +€30,284
up €30,284 (+2195.5%), from €1,379 to €31,664
- Current portion of long-term debt +€12,343
up €12,343 (+35.7%), from €34,555 to €46,897
- Gross operating margin -€8,465
down €8,465 (-12.6%), from €67,091 to €58,625
- Taxes -€2,813
down €2,813 (-56.3%), from €4,994 to €2,181
- Financial income -€1,307
down €1,307 (-62.3%), from €2,099 to €792
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 | €437,206 | €577,330 | +€140,123 | +32.0% |
| Formation expenses | 20 | €49 | - | -€49 | |
| Fixed assets | 21/28 | €371,715 | €416,286 | +€44,571 | +12.0% |
| Tangible fixed assets | 22/27 | €371,715 | €416,286 | +€44,571 | +12.0% |
| Land and buildings | 22 | €141,125 | €136,796 | -€4,329 | -3.1% |
| Plant, machinery and equipment | 23 | €1,996 | €1,829 | -€168 | -8.4% |
| Furniture and vehicles | 24 | €35,288 | €24,658 | -€10,630 | -30.1% |
| Other tangible fixed assets | 26 | €193,306 | €253,004 | +€59,698 | +30.9% |
| Current assets | 29/58 | €65,442 | €161,043 | +€95,601 | +146.1% |
| Amounts receivable after more than one year | 29 | €19,800 | €15,256 | -€4,544 | -22.9% |
| Other amounts receivable | 291 | €19,800 | €15,256 | -€4,544 | -22.9% |
| Amounts receivable within one year | 40/41 | €317 | €4,122 | +€3,804 | +1198.8% |
| Trade receivables | 40 | €317 | €303 | -€15 | -4.7% |
| Other amounts receivable | 41 | - | €3,819 | +€3,819 | |
| Cash at bank and in hand | 54/58 | €44,317 | €140,047 | +€95,731 | +216.0% |
| Deferred charges and accrued income | 490/1 | €1,008 | €1,618 | +€610 | +60.5% |
| Total equity and liabilities | 10/49 | €437,206 | €577,330 | +€140,123 | +32.0% |
| Equity | 10/15 | €85,384 | €90,656 | +€5,272 | +6.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €60,384 | €65,656 | +€5,272 | +8.7% |
| Distributable reserves | 133 | €60,384 | €65,656 | +€5,272 | +8.7% |
| Amounts payable | 17/49 | €351,822 | €486,674 | +€134,852 | +38.3% |
| Amounts payable after more than one year | 17 | €217,887 | €305,047 | +€87,160 | +40.0% |
| Financial debts | 170/4 | €217,887 | €305,047 | +€87,160 | +40.0% |
| Amounts payable within one year | 42/48 | €133,936 | €181,628 | +€47,692 | +35.6% |
| Current portion of amounts payable after more than one year | 42 | €34,555 | €46,897 | +€12,343 | +35.7% |
| Trade debts | 44 | €1,379 | €31,664 | +€30,284 | +2195.5% |
| Suppliers | 440/4 | €1,379 | €31,664 | +€30,284 | +2195.5% |
| Taxes, remuneration and social security | 45 | €12,793 | €15,144 | +€2,350 | +18.4% |
| Taxes | 450/3 | €12,793 | €15,144 | +€2,350 | +18.4% |
| Other amounts payable | 47/48 | €85,208 | €87,923 | +€2,714 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,434 | €45,080 | +€646 | +1.5% |
| Other operating charges | 640/8 | €1,828 | €1,519 | -€310 | -16.9% |
| Gross operating margin | 9900 | €67,091 | €58,625 | -€8,465 | -12.6% |
| Operating profit (loss) | 9901 | €20,828 | €12,027 | -€8,802 | -42.3% |
| Financial income | 75/76B | €2,099 | €792 | -€1,307 | -62.3% |
| Recurring financial income | 75 | €2,099 | €792 | -€1,307 | -62.3% |
| Financial charges | 65/66B | €5,489 | €5,366 | -€122 | -2.2% |
| Recurring financial charges | 65 | €5,489 | €5,366 | -€122 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €17,438 | €7,452 | -€9,986 | -57.3% |
| Income taxes | 67/77 | €4,994 | €2,181 | -€2,813 | -56.3% |
| Profit (loss) for the period | 9904 | €12,445 | €5,272 | -€7,173 | -57.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,445 | €5,272 | -€7,173 | -57.6% |
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 9 October 2026 via checked.be.