INOXPRO: 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.
INOXPRO
Largest movements
- Tangible fixed assets -€16,627
down €16,627 (-23.4%), from €71,200 to €54,574
of which Leasing and similar rights: -€16,107
- Cash +€12,450
up €12,450 (+6.7%), from €184,882 to €197,332
mainly Net result for the year (+€105,395) and Other debts (+€29,795)
- Tax, wage and social debts -€35,775
down €35,775 (-78.2%), from €45,745 to €9,970
of which Taxes: -€20,776
- Other debts +€29,795
up €29,795 (+59.6%), from €49,965 to €79,759
- Profit (loss) carried forward +€25,395
up €25,395 (+43.8%), from €58,018 to €83,413
- Debts after one year -€19,163
down €19,163 (-26.7%), from €71,879 to €52,716
- Trade debts -€12,049
down €12,049 (-21.6%), from €55,895 to €43,846
- Gross operating margin +€54,252
up €54,252 (+16.7%), from €325,239 to €379,491
- Staff costs +€22,572
up €22,572 (+12.2%), from €184,486 to €207,059
- Taxes +€10,670
up €10,670 (+37.8%), from €28,254 to €38,924
- Depreciation -€9,721
down €9,721 (-33.2%), from €29,242 to €19,521
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.
Cash bridge derived
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 | €413,073 | €403,232 | -€9,841 | -2.4% |
| Formation expenses | 20 | €601 | - | -€601 | |
| Fixed assets | 21/28 | €72,946 | €56,274 | -€16,673 | -22.9% |
| Intangible fixed assets | 21 | €46 | - | -€46 | |
| Tangible fixed assets | 22/27 | €71,200 | €54,574 | -€16,627 | -23.4% |
| Plant, machinery and equipment | 23 | €2,799 | €1,809 | -€991 | -35.4% |
| Furniture and vehicles | 24 | €1,940 | €2,411 | +€471 | +24.3% |
| Leasing and similar rights | 25 | €66,461 | €50,354 | -€16,107 | -24.2% |
| Financial fixed assets | 28 | €1,700 | €1,700 | = | 0.0% |
| Current assets | 29/58 | €339,525 | €346,958 | +€7,433 | +2.2% |
| Stocks and contracts in progress | 3 | €13,785 | €10,965 | -€2,820 | -20.5% |
| Stocks | 30/36 | €13,785 | €10,965 | -€2,820 | -20.5% |
| Amounts receivable within one year | 40/41 | €137,200 | €133,201 | -€3,998 | -2.9% |
| Trade receivables | 40 | €132,078 | €125,873 | -€6,205 | -4.7% |
| Other amounts receivable | 41 | €5,122 | €7,328 | +€2,207 | +43.1% |
| Cash at bank and in hand | 54/58 | €184,882 | €197,332 | +€12,450 | +6.7% |
| Deferred charges and accrued income | 490/1 | €3,658 | €5,460 | +€1,801 | +49.2% |
| Total equity and liabilities | 10/49 | €413,073 | €403,232 | -€9,841 | -2.4% |
| Equity | 10/15 | €158,018 | €183,413 | +€25,395 | +16.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,018 | €83,413 | +€25,395 | +43.8% |
| Amounts payable | 17/49 | €255,055 | €219,819 | -€35,236 | -13.8% |
| Amounts payable after more than one year | 17 | €71,879 | €52,716 | -€19,163 | -26.7% |
| Financial debts | 170/4 | €71,879 | €52,716 | -€19,163 | -26.7% |
| Amounts payable within one year | 42/48 | €183,176 | €167,103 | -€16,073 | -8.8% |
| Current portion of amounts payable after more than one year | 42 | €31,571 | €33,527 | +€1,957 | +6.2% |
| Trade debts | 44 | €55,895 | €43,846 | -€12,049 | -21.6% |
| Suppliers | 440/4 | €55,895 | €43,846 | -€12,049 | -21.6% |
| Taxes, remuneration and social security | 45 | €45,745 | €9,970 | -€35,775 | -78.2% |
| Taxes | 450/3 | €30,138 | €9,362 | -€20,776 | -68.9% |
| Remuneration and social security | 454/9 | €15,607 | €608 | -€14,999 | -96.1% |
| Other amounts payable | 47/48 | €49,965 | €79,759 | +€29,795 | +59.6% |
| Non-recurring operating income | 76A | - | €2,000 | +€2,000 | |
| Remuneration, social security and pensions | 62 | €184,486 | €207,059 | +€22,572 | +12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,242 | €19,521 | -€9,721 | -33.2% |
| Other operating charges | 640/8 | €2,426 | €2,069 | -€358 | -14.7% |
| Gross operating margin | 9900 | €325,239 | €379,491 | +€54,252 | +16.7% |
| Operating profit (loss) | 9901 | €109,085 | €150,843 | +€41,758 | +38.3% |
| Financial income | 75/76B | €4 | €1,210 | +€1,206 | +34372.6% |
| Recurring financial income | 75 | €4 | €1,210 | +€1,206 | +34372.6% |
| Financial charges | 65/66B | €5,886 | €7,734 | +€1,848 | +31.4% |
| Recurring financial charges | 65 | €5,886 | €7,734 | +€1,848 | +31.4% |
| Profit (loss) for the period before taxes | 9903 | €103,202 | €144,319 | +€41,116 | +39.8% |
| Income taxes | 67/77 | €28,254 | €38,924 | +€10,670 | +37.8% |
| Profit (loss) for the period | 9904 | €74,949 | €105,395 | +€30,446 | +40.6% |
| Profit (loss) for the period to be appropriated | 9905 | €74,949 | €105,395 | +€30,446 | +40.6% |
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 9 October 2026 via checked.be.