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INNIRI: 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

INNIRI

BE 0453.147.673
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€181,066
2024 · -€9,075+€190,141
Equity
€183,734
2024 · €2,669+€181,066
Cash
€203,489
2024 · €14,479+€189,010
Balance sheet total
€1.7m
2024 · €1.5m+€119,538

Largest movements

2024 to 2025
Assets
  • Cash +€189,010

    up €189,010 (+1305.4%), from €14,479 to €203,489

    mainly Net result for the year (+€181,066) and Depreciation (+€55,450)

  • Tangible fixed assets -€74,260

    down €74,260 (-4.9%), from €1.5m to €1.4m

    of which Land and buildings: -€72,760

Equity and liabilities
  • Profit (loss) carried forward +€181,066

    up €181,066, from -€174,575 to €6,490

  • Debts after one year -€56,368

    down €56,368 (-3.9%), from €1.4m to €1.4m

    of which Financial debts: -€66,832

Income statement
  • Gross operating margin +€202,953

    up €202,953 (+226.4%), from €89,633 to €292,586

  • Taxes +€15,855

    new in 2025: €15,855

From the 2024 result to the 2025 result

effect on the 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 -€9,075
Gross operating margin +€202,953
Depreciation +€1,921
Other operating charges -€444
Financial income +€1
Financial charges +€1,564
Taxes -€15,855
Result 2025 €181,066

Cash bridge derived

cash 2024 to 2025

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 +€224,767
Investment +€18,810
Financing -€54,567
Cash 2024 €14,479
Net result for the year +€181,066
Depreciation +€55,450
Deferred charges and accrued income -€4,787
Trade debts +€3,981
Tax, wage and social debts +€15,831
Other debts -€16,273
Accrued charges and deferred income -€10,500
Investment in fixed assets (net) +€18,810
Debts after one year -€56,368
Current portion of long-term debt +€1,801
Cash 2025 €203,489
Every line side by side 44 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,537,642 €1,657,180 +€119,538 +7.8%
Fixed assets 21/28 €1,505,603 €1,431,343 -€74,260 -4.9%
Tangible fixed assets 22/27 €1,505,603 €1,431,343 -€74,260 -4.9%
Land and buildings 22 €1,503,603 €1,430,843 -€72,760 -4.8%
Furniture and vehicles 24 €2,000 €500 -€1,500 -75.0%
Current assets 29/58 €32,039 €225,837 +€193,798 +604.9%
Amounts receivable within one year 40/41 €10,198 €10,198 = 0.0%
Other amounts receivable 41 €10,198 €10,198 = 0.0%
Cash at bank and in hand 54/58 €14,479 €203,489 +€189,010 +1305.4%
Deferred charges and accrued income 490/1 €7,362 €12,149 +€4,787 +65.0%
Total equity and liabilities 10/49 €1,537,642 €1,657,180 +€119,538 +7.8%
Equity 10/15 €2,669 €183,734 +€181,066 +6784.9%
Contributions 10/11 €161,131 €161,131 = 0.0%
Capital 10 €161,131 €161,131 = 0.0%
Issued capital 100 €161,131 €161,131 = 0.0%
Reserves 13 €16,113 €16,113 = 0.0%
Non-distributable reserves 130/1 €16,113 €16,113 = 0.0%
Legal reserve 130 €16,113 €16,113 = 0.0%
Profit (loss) carried forward 14 -€174,575 €6,490 +€181,066
Amounts payable 17/49 €1,534,973 €1,473,446 -€61,528 -4.0%
Amounts payable after more than one year 17 €1,430,084 €1,373,716 -€56,368 -3.9%
Financial debts 170/4 €416,253 €349,421 -€66,832 -16.1%
Other amounts payable 178/9 €1,013,831 €1,024,295 +€10,464 +1.0%
Amounts payable within one year 42/48 €92,775 €98,115 +€5,340 +5.8%
Current portion of amounts payable after more than one year 42 €65,031 €66,832 +€1,801 +2.8%
Trade debts 44 €3,003 €6,984 +€3,981 +132.6%
Suppliers 440/4 €3,003 €6,984 +€3,981 +132.6%
Taxes, remuneration and social security 45 €4,876 €20,707 +€15,831 +324.7%
Taxes 450/3 €4,876 €20,707 +€15,831 +324.7%
Other amounts payable 47/48 €19,865 €3,592 -€16,273 -81.9%
Accrued charges and deferred income 492/3 €12,115 €1,615 -€10,500 -86.7%
Non-recurring operating income 76A - €231,190 +€231,190
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €57,371 €55,450 -€1,921 -3.3%
Other operating charges 640/8 €12,602 €13,045 +€444 +3.5%
Gross operating margin 9900 €89,633 €292,586 +€202,953 +226.4%
Operating profit (loss) 9901 €19,660 €224,091 +€204,431 +1039.8%
Financial income 75/76B - €1 +€1
Recurring financial income 75 - €1 +€1
Financial charges 65/66B €28,735 €27,171 -€1,564 -5.4%
Recurring financial charges 65 €28,735 €27,171 -€1,564 -5.4%
Profit (loss) for the period before taxes 9903 -€9,075 €196,921 +€205,996
Income taxes 67/77 - €15,855 +€15,855
Profit (loss) for the period 9904 -€9,075 €181,066 +€190,141
Profit (loss) for the period to be appropriated 9905 -€9,075 €181,066 +€190,141

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 30 September 2026 via checked.be.