Inpresco: 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.
Inpresco
Largest movements
- Cash -€774,894
down €774,894 (-65.9%), from €1.2m to €401,387
mainly Contributions, distributions and other (-€1.4m) and Debts after one year (-€6,088)
- Current investments -€253,037
down €253,037 (-10.6%), from €2.4m to €2.1m
- Contributions -€1.1m
down €1.1m (-90.0%), from €1.2m to €122,600
- Financial income -€3.9m
down €3.9m (-97.2%), from €4.1m to €111,587
- Taxes -€371,044
down €371,044 (-69.3%), from €535,630 to €164,585
- Gross operating margin -€46,304
down €46,304 (-8.4%), from €552,431 to €506,128
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 | €7,616,783 | €6,575,002 | -€1.0m | -13.7% |
| Fixed assets | 21/28 | €3,824,037 | €3,810,979 | -€13,058 | -0.3% |
| Tangible fixed assets | 22/27 | €17,733 | €4,675 | -€13,058 | -73.6% |
| Leasing and similar rights | 25 | €17,733 | €4,675 | -€13,058 | -73.6% |
| Financial fixed assets | 28 | €3,806,304 | €3,806,304 | = | 0.0% |
| Current assets | 29/58 | €3,792,746 | €2,764,023 | -€1.0m | -27.1% |
| Amounts receivable within one year | 40/41 | €220,201 | €219,788 | -€413 | -0.2% |
| Trade receivables | 40 | €216,300 | €198,150 | -€18,150 | -8.4% |
| Other amounts receivable | 41 | €3,901 | €21,638 | +€17,737 | +455% |
| Current investments | 50/53 | €2,395,771 | €2,142,734 | -€253,037 | -10.6% |
| Cash at bank and in hand | 54/58 | €1,176,281 | €401,387 | -€774,894 | -65.9% |
| Deferred charges and accrued income | 490/1 | €493 | €114 | -€379 | -76.9% |
| Total equity and liabilities | 10/49 | €7,616,783 | €6,575,002 | -€1.0m | -13.7% |
| Equity | 10/15 | €7,232,573 | €6,195,837 | -€1.0m | -14.3% |
| Contributions | 10/11 | €1,222,600 | €122,600 | -€1.1m | -90.0% |
| Reserves | 13 | €5,654,630 | €5,717,893 | +€63,263 | +1.1% |
| Distributable reserves | 133 | €5,654,630 | €5,717,893 | +€63,263 | +1.1% |
| Profit (loss) carried forward | 14 | €355,343 | €355,343 | = | 0.0% |
| Amounts payable | 17/49 | €384,210 | €379,165 | -€5,045 | -1.3% |
| Amounts payable after more than one year | 17 | €6,088 | €0 | -€6,088 | -100% |
| Financial debts | 170/4 | €6,088 | €0 | -€6,088 | -100% |
| Amounts payable within one year | 42/48 | €377,974 | €379,165 | +€1,191 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €8,326 | €6,088 | -€2,237 | -26.9% |
| Trade debts | 44 | €187 | €3,570 | +€3,384 | +1,813% |
| Suppliers | 440/4 | €187 | €3,570 | +€3,384 | +1,813% |
| Taxes, remuneration and social security | 45 | €369,461 | €369,507 | +€45 | 0.0% |
| Taxes | 450/3 | €369,461 | €369,507 | +€45 | 0.0% |
| Accrued charges and deferred income | 492/3 | €148 | €0 | -€148 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,058 | €13,058 | = | 0.0% |
| Other operating charges | 640/8 | €5,658 | €5,674 | +€17 | +0.3% |
| Gross operating margin | 9900 | €552,431 | €506,128 | -€46,304 | -8.4% |
| Operating profit (loss) | 9901 | €533,716 | €487,395 | -€46,320 | -8.7% |
| Financial income | 75/76B | €4,054,849 | €111,587 | -€3.9m | -97.2% |
| Recurring financial income | 75 | €4,054,849 | €111,587 | -€3.9m | -97.2% |
| Financial charges | 65/66B | €55,531 | €50,103 | -€5,427 | -9.8% |
| Recurring financial charges | 65 | €55,531 | €50,103 | -€5,427 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €4,533,034 | €548,879 | -€4.0m | -87.9% |
| Income taxes | 67/77 | €535,630 | €164,585 | -€371,044 | -69.3% |
| Profit (loss) for the period | 9904 | €3,997,404 | €384,294 | -€3.6m | -90.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,997,404 | €384,294 | -€3.6m | -90.4% |
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 13 October 2026 via checked.be.