Innertrade: what changed
Innertrade
Largest movements
- Cash -€91,856
down €91,856 (-38.0%), from €241,870 to €150,014
mainly Contributions, distributions and other (-€480,000) and Tax, wage and social debts (-€27,804)
- Tangible fixed assets -€34,002
down €34,002 (-11.8%), from €287,435 to €253,433
- Receivables within one year +€19,749
up €19,749 (+35.0%), from €56,362 to €76,111
of which Other amounts receivable: +€19,895
- Deferred charges and accrued income -€7,493
down €7,493 (-38.7%), from €19,367 to €11,874
- Reserves -€251,822
down €251,822 (-52.0%), from €484,717 to €232,895
- Other debts +€190,897
up €190,897 (+8,837%), from €2,160 to €193,057
- Tax, wage and social debts -€27,804
down €27,804 (-45.7%), from €60,808 to €33,005
- Debts after one year -€12,090
no longer reported in 2025 (was €12,090)
- Trade debts -€6,887
down €6,887 (-75.6%), from €9,115 to €2,228
- Gross operating margin -€172,367
down €172,367 (-32.1%), from €537,439 to €365,073
- Taxes -€45,375
down €45,375 (-36.1%), from €125,649 to €80,274
- Financial charges +€14,414
up €14,414 (+3,249%), from €444 to €14,858
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €605,434 | €491,832 | -€113,602 | -18.8% |
| Fixed assets | 21/28 | €287,835 | €253,833 | -€34,002 | -11.8% |
| Tangible fixed assets | 22/27 | €287,435 | €253,433 | -€34,002 | -11.8% |
| Land and buildings | 22 | €150,838 | €136,598 | -€14,241 | -9.4% |
| Plant, machinery and equipment | 23 | - | €4,108 | +€4,108 | |
| Furniture and vehicles | 24 | €41,123 | €28,550 | -€12,573 | -30.6% |
| Other tangible fixed assets | 26 | €95,474 | €84,177 | -€11,297 | -11.8% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €317,599 | €237,998 | -€79,600 | -25.1% |
| Amounts receivable within one year | 40/41 | €56,362 | €76,111 | +€19,749 | +35.0% |
| Trade receivables | 40 | €56,362 | €56,216 | -€146 | -0.3% |
| Other amounts receivable | 41 | - | €19,895 | +€19,895 | |
| Cash at bank and in hand | 54/58 | €241,870 | €150,014 | -€91,856 | -38.0% |
| Deferred charges and accrued income | 490/1 | €19,367 | €11,874 | -€7,493 | -38.7% |
| Total equity and liabilities | 10/49 | €605,434 | €491,832 | -€113,602 | -18.8% |
| Equity | 10/15 | €503,317 | €251,495 | -€251,822 | -50.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €484,717 | €232,895 | -€251,822 | -52.0% |
| Distributable reserves | 133 | €484,717 | €232,895 | -€251,822 | -52.0% |
| Amounts payable | 17/49 | €102,117 | €240,336 | +€138,220 | +135% |
| Amounts payable after more than one year | 17 | €12,090 | - | -€12,090 | |
| Financial debts | 170/4 | €12,090 | - | -€12,090 | |
| Amounts payable within one year | 42/48 | €90,026 | €240,336 | +€150,310 | +167% |
| Current portion of amounts payable after more than one year | 42 | €17,942 | €12,046 | -€5,896 | -32.9% |
| Trade debts | 44 | €9,115 | €2,228 | -€6,887 | -75.6% |
| Suppliers | 440/4 | €9,115 | €2,228 | -€6,887 | -75.6% |
| Taxes, remuneration and social security | 45 | €60,808 | €33,005 | -€27,804 | -45.7% |
| Taxes | 450/3 | €60,808 | €33,005 | -€27,804 | -45.7% |
| Other amounts payable | 47/48 | €2,160 | €193,057 | +€190,897 | +8,837% |
| Non-recurring operating income | 76A | - | €27,149 | +€27,149 | |
| Remuneration, social security and pensions | 62 | €420 | €1,262 | +€842 | +200% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,943 | €37,966 | +€23 | +0.1% |
| Other operating charges | 640/8 | €2,129 | €2,207 | +€79 | +3.7% |
| Non-recurring operating charges | 66A | - | €332 | +€332 | |
| Gross operating margin | 9900 | €537,439 | €365,073 | -€172,367 | -32.1% |
| Operating profit (loss) | 9901 | €496,948 | €323,305 | -€173,642 | -34.9% |
| Financial income | 75/76B | €2 | €4 | +€3 | +171% |
| Recurring financial income | 75 | €2 | €4 | +€3 | +171% |
| Financial charges | 65/66B | €444 | €14,858 | +€14,414 | +3,249% |
| Recurring financial charges | 65 | €444 | €14,858 | +€14,414 | +3,249% |
| Profit (loss) for the period before taxes | 9903 | €496,506 | €308,452 | -€188,054 | -37.9% |
| Income taxes | 67/77 | €125,649 | €80,274 | -€45,375 | -36.1% |
| Profit (loss) for the period | 9904 | €370,856 | €228,178 | -€142,679 | -38.5% |
| Profit (loss) for the period to be appropriated | 9905 | €370,856 | €228,178 | -€142,679 | -38.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.