Innesto: 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.
What changed
Innesto
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€79,963
2024 · €166,628-€86,665
Equity
€777,671
2024 · €699,426+€78,245
Cash
€65,289
2024 · €53,098+€12,191
Balance sheet total
€1.4m
2024 · €1.4m+€27,998
Largest movements
Assets
- Tangible fixed assets +€24,243
up €24,243 (+2.5%), from €952,020 to €976,262
of which Furniture and vehicles: +€79,022
Equity and liabilities
- Reserves +€78,245
up €78,245 (+11.5%), from €680,826 to €759,071
of which Distributable reserves: +€78,245
- Debts after one year -€32,640
down €32,640 (-10.8%), from €301,855 to €269,215
- Short-term financial debts -€22,163
down €22,163 (-94.1%), from €23,554 to €1,391
Income statement
- Gross operating margin -€109,560
down €109,560 (-35.4%), from €309,452 to €199,892
- Taxes -€29,371
down €29,371 (-56.0%), from €52,482 to €23,111
- Depreciation +€12,189
up €12,189 (+21.2%), from €57,419 to €69,608
- Financial income +€8,000
up €8,000 (+384.6%), from €2,080 to €10,080
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.
Result 2024
€166,628
Gross operating margin
-€109,560
Depreciation
-€12,189
Other operating charges
-€394
Other operating items
+€332
Financial income
+€8,000
Financial charges
-€2,225
Taxes
+€29,371
Result 2025
€79,963
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.
From operations
+€161,492
Investment
-€93,851
Financing
-€55,450
Cash 2024
€53,098
From operations (derived)
+€161,492
Net result for the year
+€79,963
Depreciation
+€69,608
Receivables within one year
+€9,997
Deferred charges and accrued income
-€1,561
Trade debts
-€8,130
Tax, wage and social debts
+€3,046
Other debts
+€5,021
Accrued charges and deferred income
+€3,549
Investment (derived)
-€93,851
Investment in fixed assets (net)
-€93,851
Financing
-€55,450
Debts after one year
-€32,640
Current portion of long-term debt
+€1,071
Short-term financial debts
-€22,163
Contributions, distributions and other
-€1,718
Cash 2025
€65,289
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,352,684 | €1,380,682 | +€27,998 | +2.1% |
| Fixed assets | 21/28 | €952,020 | €976,262 | +€24,243 | +2.5% |
| Tangible fixed assets | 22/27 | €952,020 | €976,262 | +€24,243 | +2.5% |
| Land and buildings | 22 | €944,248 | €889,469 | -€54,779 | -5.8% |
| Furniture and vehicles | 24 | €2,741 | €81,763 | +€79,022 | +2882.7% |
| Other tangible fixed assets | 26 | €5,030 | €5,030 | = | 0.0% |
| Current assets | 29/58 | €400,665 | €404,420 | +€3,755 | +0.9% |
| Amounts receivable within one year | 40/41 | €339,335 | €329,337 | -€9,997 | -2.9% |
| Trade receivables | 40 | €49,220 | €105,561 | +€56,341 | +114.5% |
| Other amounts receivable | 41 | €290,115 | €223,776 | -€66,339 | -22.9% |
| Cash at bank and in hand | 54/58 | €53,098 | €65,289 | +€12,191 | +23.0% |
| Deferred charges and accrued income | 490/1 | €8,232 | €9,793 | +€1,561 | +19.0% |
| Total equity and liabilities | 10/49 | €1,352,684 | €1,380,682 | +€27,998 | +2.1% |
| Equity | 10/15 | €699,426 | €777,671 | +€78,245 | +11.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €680,826 | €759,071 | +€78,245 | +11.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €680,826 | €759,071 | +€78,245 | +11.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €653,258 | €603,011 | -€50,247 | -7.7% |
| Amounts payable after more than one year | 17 | €301,855 | €269,215 | -€32,640 | -10.8% |
| Financial debts | 170/4 | €301,855 | €269,215 | -€32,640 | -10.8% |
| Amounts payable within one year | 42/48 | €332,180 | €311,024 | -€21,156 | -6.4% |
| Current portion of amounts payable after more than one year | 42 | €34,667 | €35,738 | +€1,071 | +3.1% |
| Financial debts | 43 | €23,554 | €1,391 | -€22,163 | -94.1% |
| Credit institutions | 430/8 | €23,554 | €1,391 | -€22,163 | -94.1% |
| Trade debts | 44 | €20,675 | €12,545 | -€8,130 | -39.3% |
| Suppliers | 440/4 | €20,675 | €12,545 | -€8,130 | -39.3% |
| Taxes, remuneration and social security | 45 | €14,429 | €17,475 | +€3,046 | +21.1% |
| Taxes | 450/3 | €11,181 | €14,227 | +€3,046 | +27.2% |
| Remuneration and social security | 454/9 | €3,248 | €3,248 | = | 0.0% |
| Other amounts payable | 47/48 | €238,855 | €243,875 | +€5,021 | +2.1% |
| Accrued charges and deferred income | 492/3 | €19,223 | €22,772 | +€3,549 | +18.5% |
| Non-recurring operating income | 76A | - | €1,629 | +€1,629 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,419 | €69,608 | +€12,189 | +21.2% |
| Other operating charges | 640/8 | €10,138 | €10,532 | +€394 | +3.9% |
| Non-recurring operating charges | 66A | €588 | €256 | -€332 | -56.4% |
| Gross operating margin | 9900 | €309,452 | €199,892 | -€109,560 | -35.4% |
| Operating profit (loss) | 9901 | €241,307 | €119,496 | -€121,811 | -50.5% |
| Financial income | 75/76B | €2,080 | €10,080 | +€8,000 | +384.6% |
| Recurring financial income | 75 | €2,080 | €10,080 | +€8,000 | +384.6% |
| Financial charges | 65/66B | €24,278 | €26,503 | +€2,225 | +9.2% |
| Recurring financial charges | 65 | €24,278 | €26,503 | +€2,225 | +9.2% |
| Profit (loss) for the period before taxes | 9903 | €219,110 | €103,073 | -€116,036 | -53.0% |
| Income taxes | 67/77 | €52,482 | €23,111 | -€29,371 | -56.0% |
| Profit (loss) for the period | 9904 | €166,628 | €79,963 | -€86,665 | -52.0% |
| Profit (loss) for the period to be appropriated | 9905 | €166,628 | €79,963 | -€86,665 | -52.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.