Innesto Group: 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.
Innesto Group
Largest movements
- Receivables within one year +€186,251
up €186,251 (+70.4%), from €264,713 to €450,964
of which Trade receivables: +€166,844
- Cash +€144,585
up €144,585 (+10.1%), from €1.4m to €1.6m
mainly Trade debts (+€267,105) and Net result for the year (+€130,406)
- Stocks and contracts +€44,803
up €44,803 (+35.2%), from €127,341 to €172,144
- Trade debts +€267,105
up €267,105 (+150%), from €177,672 to €444,777
- Reserves +€115,406
up €115,406 (+6.0%), from €1.9m to €2.0m
- Other debts -€34,354
down €34,354 (-69.3%), from €49,606 to €15,252
- Write-downs -€30,000
new in 2025: -€30,000
- Financial income -€24,086
down €24,086 (-72.1%), from €33,421 to €9,336
- Gross operating margin +€11,333
up €11,333 (+9.9%), from €114,915 to €126,248
- Taxes +€7,849
up €7,849 (+169%), from €4,650 to €12,499
- Financial charges -€3,298
down €3,298 (-15.3%), from €21,562 to €18,264
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 | €2,308,258 | €2,679,070 | +€370,811 | +16.1% |
| Fixed assets | 21/28 | €7,500 | €4,880 | -€2,619 | -34.9% |
| Tangible fixed assets | 22/27 | €7,500 | €4,880 | -€2,619 | -34.9% |
| Furniture and vehicles | 24 | €3,400 | €2,020 | -€1,381 | -40.6% |
| Other tangible fixed assets | 26 | €4,099 | €2,861 | -€1,239 | -30.2% |
| Current assets | 29/58 | €2,300,759 | €2,674,189 | +€373,431 | +16.2% |
| Amounts receivable after more than one year | 29 | €207,561 | €207,561 | = | 0.0% |
| Other amounts receivable | 291 | €207,561 | €207,561 | = | 0.0% |
| Stocks and contracts in progress | 3 | €127,341 | €172,144 | +€44,803 | +35.2% |
| Stocks | 30/36 | €127,341 | €172,144 | +€44,803 | +35.2% |
| Amounts receivable within one year | 40/41 | €264,713 | €450,964 | +€186,251 | +70.4% |
| Trade receivables | 40 | €237,634 | €404,478 | +€166,844 | +70.2% |
| Other amounts receivable | 41 | €27,079 | €46,486 | +€19,407 | +71.7% |
| Current investments | 50/53 | €264,765 | €264,765 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,434,170 | €1,578,755 | +€144,585 | +10.1% |
| Deferred charges and accrued income | 490/1 | €2,208 | - | -€2,208 | |
| Total equity and liabilities | 10/49 | €2,308,258 | €2,679,070 | +€370,811 | +16.1% |
| Equity | 10/15 | €2,077,890 | €2,193,296 | +€115,406 | +5.6% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €1,927,890 | €2,043,296 | +€115,406 | +6.0% |
| Distributable reserves | 133 | €1,927,890 | €2,043,296 | +€115,406 | +6.0% |
| Amounts payable | 17/49 | €230,369 | €485,774 | +€255,405 | +111% |
| Amounts payable within one year | 42/48 | €230,369 | €462,732 | +€232,363 | +101% |
| Trade debts | 44 | €177,672 | €444,777 | +€267,105 | +150% |
| Suppliers | 440/4 | €177,672 | €444,777 | +€267,105 | +150% |
| Taxes, remuneration and social security | 45 | €3,090 | €2,703 | -€387 | -12.5% |
| Taxes | 450/3 | €3,090 | €2,703 | -€387 | -12.5% |
| Other amounts payable | 47/48 | €49,606 | €15,252 | -€34,354 | -69.3% |
| Accrued charges and deferred income | 492/3 | - | €23,041 | +€23,041 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,895 | €2,619 | -€276 | -9.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€30,000 | -€30,000 | |
| Other operating charges | 640/8 | €1,703 | €1,795 | +€92 | +5.4% |
| Gross operating margin | 9900 | €114,915 | €126,248 | +€11,333 | +9.9% |
| Operating profit (loss) | 9901 | €110,318 | €151,834 | +€41,516 | +37.6% |
| Financial income | 75/76B | €33,421 | €9,336 | -€24,086 | -72.1% |
| Recurring financial income | 75 | €33,421 | €9,336 | -€24,086 | -72.1% |
| Financial charges | 65/66B | €21,562 | €18,264 | -€3,298 | -15.3% |
| Recurring financial charges | 65 | €21,562 | €18,264 | -€3,298 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €122,177 | €142,905 | +€20,728 | +17.0% |
| Income taxes | 67/77 | €4,650 | €12,499 | +€7,849 | +169% |
| Profit (loss) for the period | 9904 | €117,528 | €130,406 | +€12,879 | +11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €117,528 | €130,406 | +€12,879 | +11.0% |
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 27 October 2026 via checked.be.