INPRAGO: 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.
INPRAGO
Largest movements
- Cash -€51,550
down €51,550 (-46.4%), from €111,018 to €59,468
mainly Contributions, distributions and other (-€211,000) and Investment in fixed assets (net) (-€33,830)
- Tangible fixed assets +€19,261
up €19,261 (+9.8%), from €196,170 to €215,431
of which Furniture and vehicles: +€28,588
- Receivables within one year +€17,093
up €17,093 (+37.1%), from €46,013 to €63,106
of which Other amounts receivable: +€16,793
- Other debts +€151,000
up €151,000, from €0 to €151,000
- Reserves -€149,485
down €149,485 (-81.0%), from €184,450 to €34,965
- Debts after one year -€13,510
down €13,510 (-10.5%), from €128,523 to €115,014
- Depreciation -€7,984
down €7,984 (-35.4%), from €22,553 to €14,569
- Gross operating margin +€2,714
up €2,714 (+2.8%), from €97,286 to €100,000
- Taxes +€1,663
up €1,663 (+11.0%), from €15,088 to €16,752
- Other operating charges -€1,210
down €1,210 (-63.8%), from €1,895 to €685
- Financial income -€1,029
down €1,029 (-68.3%), from €1,508 to €478
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 | €354,409 | €341,220 | -€13,189 | -3.7% |
| Fixed assets | 21/28 | €196,170 | €215,431 | +€19,261 | +9.8% |
| Tangible fixed assets | 22/27 | €196,170 | €215,431 | +€19,261 | +9.8% |
| Land and buildings | 22 | €174,413 | €166,578 | -€7,835 | -4.5% |
| Plant, machinery and equipment | 23 | €1,568 | €730 | -€838 | -53.5% |
| Furniture and vehicles | 24 | €15,732 | €44,320 | +€28,588 | +181.7% |
| Other tangible fixed assets | 26 | €4,458 | €3,804 | -€654 | -14.7% |
| Current assets | 29/58 | €158,239 | €125,789 | -€32,450 | -20.5% |
| Amounts receivable within one year | 40/41 | €46,013 | €63,106 | +€17,093 | +37.1% |
| Trade receivables | 40 | €45,840 | €46,141 | +€300 | +0.7% |
| Other amounts receivable | 41 | €172 | €16,966 | +€16,793 | +9738.6% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €111,018 | €59,468 | -€51,550 | -46.4% |
| Deferred charges and accrued income | 490/1 | €1,208 | €3,215 | +€2,007 | +166.1% |
| Total equity and liabilities | 10/49 | €354,409 | €341,220 | -€13,189 | -3.7% |
| Equity | 10/15 | €186,950 | €37,465 | -€149,485 | -80.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €184,450 | €34,965 | -€149,485 | -81.0% |
| Distributable reserves | 133 | €184,450 | €34,965 | -€149,485 | -81.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €167,459 | €303,755 | +€136,296 | +81.4% |
| Amounts payable after more than one year | 17 | €128,523 | €115,014 | -€13,510 | -10.5% |
| Financial debts | 170/4 | €128,523 | €115,014 | -€13,510 | -10.5% |
| Amounts payable within one year | 42/48 | €37,425 | €188,342 | +€150,917 | +403.3% |
| Current portion of amounts payable after more than one year | 42 | €13,043 | €13,510 | +€467 | +3.6% |
| Trade debts | 44 | €7,046 | €3,524 | -€3,522 | -50.0% |
| Suppliers | 440/4 | €7,046 | €3,524 | -€3,522 | -50.0% |
| Taxes, remuneration and social security | 45 | €17,336 | €20,308 | +€2,972 | +17.1% |
| Taxes | 450/3 | €14,891 | €15,355 | +€464 | +3.1% |
| Remuneration and social security | 454/9 | €2,445 | €4,953 | +€2,508 | +102.6% |
| Other amounts payable | 47/48 | €0 | €151,000 | +€151,000 | |
| Accrued charges and deferred income | 492/3 | €1,511 | €400 | -€1,111 | -73.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,553 | €14,569 | -€7,984 | -35.4% |
| Other operating charges | 640/8 | €1,895 | €685 | -€1,210 | -63.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €97,286 | €100,000 | +€2,714 | +2.8% |
| Operating profit (loss) | 9901 | €72,838 | €84,746 | +€11,908 | +16.3% |
| Financial income | 75/76B | €1,508 | €478 | -€1,029 | -68.3% |
| Recurring financial income | 75 | €1,508 | €478 | -€1,029 | -68.3% |
| Financial charges | 65/66B | €6,610 | €6,958 | +€348 | +5.3% |
| Recurring financial charges | 65 | €6,610 | €6,958 | +€348 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €67,736 | €78,267 | +€10,530 | +15.5% |
| Income taxes | 67/77 | €15,088 | €16,752 | +€1,663 | +11.0% |
| Profit (loss) for the period | 9904 | €52,648 | €61,515 | +€8,867 | +16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €52,648 | €61,515 | +€8,867 | +16.8% |
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 9 October 2026 via checked.be.