INOPPIDO: 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.
INOPPIDO
Largest movements
- Tangible fixed assets +€169,818
up €169,818 (+21.1%), from €805,918 to €975,736
- Cash -€21,854
down €21,854 (-95.0%), from €23,002 to €1,147
mainly Investment in fixed assets (net) (-€211,729) and Stocks and contracts (-€3,945)
- Trade debts +€106,194
up €106,194 (+4,080%), from €2,603 to €108,797
- Debts after one year +€25,467
up €25,467 (+6.9%), from €371,566 to €397,033
of which Other amounts payable: +€30,000
- Accrued charges and deferred income +€19,446
up €19,446 (+20.1%), from €96,567 to €116,013
- Gross operating margin -€157,090
down €157,090 (-69.8%), from €225,074 to €67,984
- Taxes -€20,682
down €20,682 (-99.2%), from €20,839 to €157
- Depreciation -€10,077
down €10,077 (-19.4%), from €51,988 to €41,911
- Financial charges -€2,901
down €2,901 (-11.8%), from €24,599 to €21,699
- Financial income -€2,303
down €2,303 (-100.0%), from €2,303 to €0
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 | €839,971 | €991,880 | +€151,909 | +18.1% |
| Fixed assets | 21/28 | €805,918 | €975,736 | +€169,818 | +21.1% |
| Tangible fixed assets | 22/27 | €805,918 | €975,736 | +€169,818 | +21.1% |
| Land and buildings | 22 | €805,918 | €975,736 | +€169,818 | +21.1% |
| Current assets | 29/58 | €34,053 | €16,144 | -€17,909 | -52.6% |
| Stocks and contracts in progress | 3 | - | €3,945 | +€3,945 | |
| Stocks | 30/36 | - | €3,945 | +€3,945 | |
| Amounts receivable within one year | 40/41 | €11,052 | €11,052 | = | 0.0% |
| Other amounts receivable | 41 | €11,052 | €11,052 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €23,002 | €1,147 | -€21,854 | -95.0% |
| Total equity and liabilities | 10/49 | €839,971 | €991,880 | +€151,909 | +18.1% |
| Equity | 10/15 | €330,124 | €330,702 | +€578 | +0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €311,524 | €312,102 | +€578 | +0.2% |
| Distributable reserves | 133 | €311,524 | €312,102 | +€578 | +0.2% |
| Amounts payable | 17/49 | €509,847 | €661,177 | +€151,331 | +29.7% |
| Amounts payable after more than one year | 17 | €371,566 | €397,033 | +€25,467 | +6.9% |
| Financial debts | 170/4 | €167,621 | €163,088 | -€4,533 | -2.7% |
| Other amounts payable | 178/9 | €203,945 | €233,945 | +€30,000 | +14.7% |
| Amounts payable within one year | 42/48 | €41,714 | €148,131 | +€106,417 | +255% |
| Current portion of amounts payable after more than one year | 42 | €4,466 | €4,533 | +€67 | +1.5% |
| Trade debts | 44 | €2,603 | €108,797 | +€106,194 | +4,080% |
| Suppliers | 440/4 | €2,603 | €108,797 | +€106,194 | +4,080% |
| Taxes, remuneration and social security | 45 | - | €157 | +€157 | |
| Taxes | 450/3 | - | €157 | +€157 | |
| Other amounts payable | 47/48 | €34,645 | €34,645 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €96,567 | €116,013 | +€19,446 | +20.1% |
| Non-recurring operating income | 76A | €213,413 | - | -€213,413 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,988 | €41,911 | -€10,077 | -19.4% |
| Other operating charges | 640/8 | €4,262 | €3,639 | -€622 | -14.6% |
| Gross operating margin | 9900 | €225,074 | €67,984 | -€157,090 | -69.8% |
| Operating profit (loss) | 9901 | €168,824 | €22,434 | -€146,390 | -86.7% |
| Financial income | 75/76B | €2,303 | €0 | -€2,303 | -100.0% |
| Recurring financial income | 75 | €2,303 | €0 | -€2,303 | -100.0% |
| Financial charges | 65/66B | €24,599 | €21,699 | -€2,901 | -11.8% |
| Recurring financial charges | 65 | €24,599 | €21,699 | -€2,901 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €146,527 | €736 | -€145,792 | -99.5% |
| Income taxes | 67/77 | €20,839 | €157 | -€20,682 | -99.2% |
| Profit (loss) for the period | 9904 | €125,688 | €578 | -€125,110 | -99.5% |
| Profit (loss) for the period to be appropriated | 9905 | €125,688 | €578 | -€125,110 | -99.5% |
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 20 October 2026 via checked.be.