INOXXIZE: 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.
INOXXIZE
Largest movements
- Cash +€62,644
up €62,644 (+210%), from €29,851 to €92,496
mainly Net result for the year (+€116,035) and Depreciation (+€47,473)
- Receivables within one year +€29,250
up €29,250 (+26.7%), from €109,430 to €138,681
of which Trade receivables: +€28,887
- Tangible fixed assets +€19,310
up €19,310 (+4.7%), from €406,759 to €426,069
of which Furniture and vehicles: +€37,039
- Reserves +€116,035
up €116,035 (+73.4%), from €158,186 to €274,221
- Trade debts -€31,065
down €31,065 (-81.0%), from €38,361 to €7,295
- Tax, wage and social debts +€20,530
up €20,530 (+66.3%), from €30,954 to €51,484
of which Remuneration and social security: +€13,744
- Other debts +€8,172
up €8,172, from €0 to €8,172
- Gross operating margin +€70,880
up €70,880 (+21.2%), from €334,753 to €405,632
- Staff costs +€31,535
up €31,535 (+21.1%), from €149,303 to €180,838
- Taxes +€10,440
up €10,440 (+27.0%), from €38,678 to €49,118
- Financial charges +€6,065
up €6,065 (+89.6%), from €6,769 to €12,834
- Depreciation +€6,061
up €6,061 (+14.6%), from €41,411 to €47,473
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 | €548,619 | €662,291 | +€113,673 | +20.7% |
| Fixed assets | 21/28 | €406,759 | €426,069 | +€19,310 | +4.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €406,759 | €426,069 | +€19,310 | +4.7% |
| Land and buildings | 22 | €397,430 | €369,503 | -€27,927 | -7.0% |
| Plant, machinery and equipment | 23 | €6,738 | €16,935 | +€10,197 | +151% |
| Furniture and vehicles | 24 | €2,591 | €39,630 | +€37,039 | +1,429% |
| Current assets | 29/58 | €141,860 | €236,222 | +€94,362 | +66.5% |
| Stocks and contracts in progress | 3 | €1,130 | €2,844 | +€1,714 | +152% |
| Stocks | 30/36 | €1,130 | €2,844 | +€1,714 | +152% |
| Amounts receivable within one year | 40/41 | €109,430 | €138,681 | +€29,250 | +26.7% |
| Trade receivables | 40 | €108,921 | €137,808 | +€28,887 | +26.5% |
| Other amounts receivable | 41 | €510 | €873 | +€363 | +71.2% |
| Cash at bank and in hand | 54/58 | €29,851 | €92,496 | +€62,644 | +210% |
| Deferred charges and accrued income | 490/1 | €1,448 | €2,202 | +€754 | +52.1% |
| Total equity and liabilities | 10/49 | €548,619 | €662,291 | +€113,673 | +20.7% |
| Equity | 10/15 | €177,702 | €293,737 | +€116,035 | +65.3% |
| Contributions | 10/11 | €19,516 | €19,516 | = | 0.0% |
| Reserves | 13 | €158,186 | €274,221 | +€116,035 | +73.4% |
| Distributable reserves | 133 | €158,186 | €274,221 | +€116,035 | +73.4% |
| Amounts payable | 17/49 | €370,917 | €368,555 | -€2,363 | -0.6% |
| Amounts payable after more than one year | 17 | €301,603 | €301,603 | = | 0.0% |
| Other amounts payable | 178/9 | €301,603 | €301,603 | = | 0.0% |
| Amounts payable within one year | 42/48 | €69,315 | €66,952 | -€2,363 | -3.4% |
| Trade debts | 44 | €38,361 | €7,295 | -€31,065 | -81.0% |
| Suppliers | 440/4 | €38,361 | €7,295 | -€31,065 | -81.0% |
| Taxes, remuneration and social security | 45 | €30,954 | €51,484 | +€20,530 | +66.3% |
| Taxes | 450/3 | €18,535 | €25,321 | +€6,787 | +36.6% |
| Remuneration and social security | 454/9 | €12,419 | €26,163 | +€13,744 | +111% |
| Other amounts payable | 47/48 | €0 | €8,172 | +€8,172 | |
| Remuneration, social security and pensions | 62 | €149,303 | €180,838 | +€31,535 | +21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,411 | €47,473 | +€6,061 | +14.6% |
| Other operating charges | 640/8 | €880 | €1,087 | +€206 | +23.5% |
| Gross operating margin | 9900 | €334,753 | €405,632 | +€70,880 | +21.2% |
| Operating profit (loss) | 9901 | €143,159 | €176,235 | +€33,077 | +23.1% |
| Financial income | 75/76B | €0 | €1,753 | +€1,753 | |
| Recurring financial income | 75 | €0 | €1,753 | +€1,753 | |
| Financial charges | 65/66B | €6,769 | €12,834 | +€6,065 | +89.6% |
| Recurring financial charges | 65 | €6,769 | €12,834 | +€6,065 | +89.6% |
| Profit (loss) for the period before taxes | 9903 | €136,390 | €165,154 | +€28,764 | +21.1% |
| Income taxes | 67/77 | €38,678 | €49,118 | +€10,440 | +27.0% |
| Profit (loss) for the period | 9904 | €97,712 | €116,035 | +€18,324 | +18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €97,712 | €116,035 | +€18,324 | +18.8% |
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 16 October 2026 via checked.be.