INPASSA: 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.
INPASSA
Largest movements
- Tangible fixed assets +€213,934
up €213,934 (+1361.4%), from €15,715 to €229,649
- Debts after one year +€157,929
new in 2025: €157,929
- Other debts +€65,844
up €65,844 (+2727.6%), from €2,414 to €68,258
- Profit (loss) carried forward -€18,824
down €18,824 (-87.3%), from -€21,567 to -€40,390
- Current portion of long-term debt +€11,627
new in 2025: €11,627
- Depreciation +€34,595
up €34,595 (+45670.5%), from €76 to €34,671
- Gross operating margin +€7,025
up €7,025 (+49.6%), from €14,159 to €21,184
- Taxes -€4,166
down €4,166 (-100.0%), from €4,166 to €0
- Financial charges +€3,760
up €3,760 (+8951.8%), from €42 to €3,802
- Other operating charges +€587
up €587 (+62.0%), from €947 to €1,535
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 | €20,988 | €237,532 | +€216,544 | +1031.7% |
| Fixed assets | 21/28 | €15,715 | €229,649 | +€213,934 | +1361.4% |
| Tangible fixed assets | 22/27 | €15,715 | €229,649 | +€213,934 | +1361.4% |
| Land and buildings | 22 | €15,715 | €229,649 | +€213,934 | +1361.4% |
| Current assets | 29/58 | €5,274 | €7,883 | +€2,610 | +49.5% |
| Amounts receivable within one year | 40/41 | - | €559 | +€559 | |
| Other amounts receivable | 41 | - | €559 | +€559 | |
| Cash at bank and in hand | 54/58 | €5,218 | €7,266 | +€2,048 | +39.2% |
| Deferred charges and accrued income | 490/1 | €56 | €58 | +€3 | +4.7% |
| Total equity and liabilities | 10/49 | €20,988 | €237,532 | +€216,544 | +1031.7% |
| Equity | 10/15 | €16,236 | -€2,587 | -€18,824 | |
| Contributions | 10/11 | €10,500 | €10,500 | = | 0.0% |
| Reserves | 13 | €27,303 | €27,303 | = | 0.0% |
| Distributable reserves | 133 | €27,303 | €27,303 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,567 | -€40,390 | -€18,824 | -87.3% |
| Amounts payable | 17/49 | €4,752 | €240,120 | +€235,368 | +4952.8% |
| Amounts payable after more than one year | 17 | - | €157,929 | +€157,929 | |
| Financial debts | 170/4 | - | €157,929 | +€157,929 | |
| Amounts payable within one year | 42/48 | €4,097 | €80,536 | +€76,439 | +1865.6% |
| Current portion of amounts payable after more than one year | 42 | - | €11,627 | +€11,627 | |
| Trade debts | 44 | €517 | €652 | +€135 | +26.1% |
| Suppliers | 440/4 | €517 | €652 | +€135 | +26.1% |
| Taxes, remuneration and social security | 45 | €1,166 | €0 | -€1,166 | -100.0% |
| Taxes | 450/3 | €1,166 | €0 | -€1,166 | -100.0% |
| Other amounts payable | 47/48 | €2,414 | €68,258 | +€65,844 | +2727.6% |
| Accrued charges and deferred income | 492/3 | €655 | €1,655 | +€1,000 | +152.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76 | €34,671 | +€34,595 | +45670.5% |
| Other operating charges | 640/8 | €947 | €1,535 | +€587 | +62.0% |
| Gross operating margin | 9900 | €14,159 | €21,184 | +€7,025 | +49.6% |
| Operating profit (loss) | 9901 | €13,136 | -€15,022 | -€28,158 | |
| Financial charges | 65/66B | €42 | €3,802 | +€3,760 | +8951.8% |
| Recurring financial charges | 65 | €42 | €3,802 | +€3,760 | +8951.8% |
| Profit (loss) for the period before taxes | 9903 | €13,094 | -€18,824 | -€31,918 | |
| Income taxes | 67/77 | €4,166 | €0 | -€4,166 | -100.0% |
| Profit (loss) for the period | 9904 | €8,928 | -€18,824 | -€27,751 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,928 | -€18,824 | -€27,751 |
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.