INO-BUILD: 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.
INO-BUILD
Largest movements
- Stocks and contracts +€184,895
new in 2025: €184,895
- Deferred charges and accrued income +€9,154
new in 2025: €9,154
- Receivables within one year +€6,152
up €6,152 (+622%), from €989 to €7,141
of which Other amounts receivable: +€5,955
- Cash -€4,905
down €4,905 (-10.3%), from €47,454 to €42,548
mainly Stocks and contracts (-€184,895) and Deferred charges and accrued income (-€9,154)
- Current portion of long-term debt +€150,000
new in 2025: €150,000
- Other debts +€50,000
up €50,000 (+50,531%), from €99 to €50,099
- Profit (loss) carried forward -€4,882
down €4,882 (-295%), from -€1,656 to -€6,538
- Gross operating margin -€3,154
down €3,154 (-358%), from -€881 to -€4,034
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 | €48,443 | €243,738 | +€195,296 | +403% |
| Current assets | 29/58 | €48,443 | €243,738 | +€195,296 | +403% |
| Stocks and contracts in progress | 3 | - | €184,895 | +€184,895 | |
| Contracts in progress | 37 | - | €184,895 | +€184,895 | |
| Amounts receivable within one year | 40/41 | €989 | €7,141 | +€6,152 | +622% |
| Trade receivables | 40 | - | €198 | +€198 | |
| Other amounts receivable | 41 | €989 | €6,943 | +€5,955 | +602% |
| Cash at bank and in hand | 54/58 | €47,454 | €42,548 | -€4,905 | -10.3% |
| Deferred charges and accrued income | 490/1 | - | €9,154 | +€9,154 | |
| Total equity and liabilities | 10/49 | €48,443 | €243,738 | +€195,296 | +403% |
| Equity | 10/15 | €48,344 | €43,462 | -€4,882 | -10.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €45,000 | €45,000 | = | 0.0% |
| Distributable reserves | 133 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,656 | -€6,538 | -€4,882 | -295% |
| Amounts payable | 17/49 | €99 | €200,277 | +€200,178 | +202,302% |
| Amounts payable within one year | 42/48 | €99 | €200,277 | +€200,178 | +202,302% |
| Current portion of amounts payable after more than one year | 42 | - | €150,000 | +€150,000 | |
| Trade debts | 44 | - | €178 | +€178 | |
| Suppliers | 440/4 | - | €178 | +€178 | |
| Other amounts payable | 47/48 | €99 | €50,099 | +€50,000 | +50,531% |
| Other operating charges | 640/8 | €667 | €692 | +€25 | +3.8% |
| Gross operating margin | 9900 | -€881 | -€4,034 | -€3,154 | -358% |
| Operating profit (loss) | 9901 | -€1,547 | -€4,727 | -€3,179 | -205% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €122 | €155 | +€33 | +27.2% |
| Recurring financial charges | 65 | €122 | €155 | +€33 | +27.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,670 | -€4,882 | -€3,212 | -192% |
| Profit (loss) for the period | 9904 | -€1,670 | -€4,882 | -€3,212 | -192% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,670 | -€4,882 | -€3,212 | -192% |
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 24 October 2026 via checked.be.