INOX CONCEPT: 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.
INOX CONCEPT
Largest movements
- Receivables within one year +€25,002
up €25,002 (+31.9%), from €78,473 to €103,475
of which Other amounts receivable: +€40,302
- Stocks and contracts -€16,305
down €16,305 (-73.0%), from €22,330 to €6,025
of which Contracts in progress: -€13,300
- Cash -€9,695
down €9,695 (-55.6%), from €17,434 to €7,739
mainly Receivables within one year (-€25,002) and Tax, wage and social debts (-€7,054)
- Tangible fixed assets +€2,264
up €2,264 (+72.9%), from €3,104 to €5,368
of which Other tangible fixed assets: +€2,028
- Trade debts +€9,880
up €9,880 (+14.3%), from €69,002 to €78,882
- Tax, wage and social debts -€7,054
down €7,054 (-46.9%), from €15,036 to €7,982
of which Taxes: -€5,738
- Other debts -€6,314
down €6,314 (-42.7%), from €14,802 to €8,488
- Profit (loss) carried forward +€4,735
up €4,735 (+53.9%), from -€8,780 to -€4,045
- Gross operating margin +€49,959
up €49,959 (+151.7%), from €32,941 to €82,900
- Staff costs +€45,805
up €45,805 (+246.4%), from €18,587 to €64,392
- Financial charges +€3,156
up €3,156 (+781.9%), from €404 to €3,560
- Taxes +€3,054
up €3,054 (+53.3%), from €5,731 to €8,785
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €121,704 | €122,970 | +€1,267 | +1.0% |
| Fixed assets | 21/28 | €3,467 | €5,731 | +€2,264 | +65.3% |
| Tangible fixed assets | 22/27 | €3,104 | €5,368 | +€2,264 | +72.9% |
| Land and buildings | 22 | €272 | €181 | -€91 | -33.3% |
| Furniture and vehicles | 24 | - | €327 | +€327 | |
| Other tangible fixed assets | 26 | €2,832 | €4,860 | +€2,028 | +71.6% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €118,237 | €117,239 | -€997 | -0.8% |
| Stocks and contracts in progress | 3 | €22,330 | €6,025 | -€16,305 | -73.0% |
| Stocks | 30/36 | €8,130 | €5,125 | -€3,005 | -37.0% |
| Contracts in progress | 37 | €14,200 | €900 | -€13,300 | -93.7% |
| Amounts receivable within one year | 40/41 | €78,473 | €103,475 | +€25,002 | +31.9% |
| Trade receivables | 40 | €47,963 | €32,663 | -€15,300 | -31.9% |
| Other amounts receivable | 41 | €30,510 | €70,813 | +€40,302 | +132.1% |
| Cash at bank and in hand | 54/58 | €17,434 | €7,739 | -€9,695 | -55.6% |
| Total equity and liabilities | 10/49 | €121,704 | €122,970 | +€1,267 | +1.0% |
| Equity | 10/15 | €22,804 | €27,540 | +€4,735 | +20.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,985 | €12,985 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,125 | €11,125 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,780 | -€4,045 | +€4,735 | +53.9% |
| Amounts payable | 17/49 | €98,899 | €95,431 | -€3,469 | -3.5% |
| Amounts payable within one year | 42/48 | €98,899 | €95,431 | -€3,469 | -3.5% |
| Financial debts | 43 | €60 | €79 | +€19 | +31.2% |
| Credit institutions | 430/8 | €60 | €79 | +€19 | +31.2% |
| Trade debts | 44 | €69,002 | €78,882 | +€9,880 | +14.3% |
| Suppliers | 440/4 | €69,002 | €78,882 | +€9,880 | +14.3% |
| Taxes, remuneration and social security | 45 | €15,036 | €7,982 | -€7,054 | -46.9% |
| Taxes | 450/3 | €11,609 | €5,870 | -€5,738 | -49.4% |
| Remuneration and social security | 454/9 | €3,427 | €2,112 | -€1,315 | -38.4% |
| Other amounts payable | 47/48 | €14,802 | €8,488 | -€6,314 | -42.7% |
| Remuneration, social security and pensions | 62 | €18,587 | €64,392 | +€45,805 | +246.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €242 | €637 | +€395 | +162.9% |
| Other operating charges | 640/8 | €1,161 | €1,149 | -€12 | -1.0% |
| Gross operating margin | 9900 | €32,941 | €82,900 | +€49,959 | +151.7% |
| Operating profit (loss) | 9901 | €12,951 | €16,722 | +€3,771 | +29.1% |
| Financial income | 75/76B | €3 | €359 | +€356 | +11933.6% |
| Recurring financial income | 75 | €3 | €359 | +€356 | +11933.6% |
| Financial charges | 65/66B | €404 | €3,560 | +€3,156 | +781.9% |
| Recurring financial charges | 65 | €404 | €3,560 | +€3,156 | +781.9% |
| Profit (loss) for the period before taxes | 9903 | €12,550 | €13,521 | +€971 | +7.7% |
| Income taxes | 67/77 | €5,731 | €8,785 | +€3,054 | +53.3% |
| Profit (loss) for the period | 9904 | €6,819 | €4,735 | -€2,084 | -30.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,819 | €4,735 | -€2,084 | -30.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.