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INPROCO: what changed

Two fiscal 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.

What changed

INPROCO

BE 0807.513.320
NACE 68.310, Real estate agency activities
fiscal year 2025 against 2026filed annual accounts (NBB)
Net result for the year
€191,807
2025 · €100,379+€91,428
Equity
€374,682
2025 · €236,837+€137,845
Cash
€82,821
2025 · €59,744+€23,077
Balance sheet total
€406,729
2025 · €362,209+€44,520

Largest movements

2025 to 2026
Assets
  • Receivables within one year +€234,304

    up €234,304 (+335.8%), from €69,785 to €304,089

    of which Other amounts receivable: +€211,282

  • Current investments -€198,944

    down €198,944 (-100.0%), from €198,944 to €0

  • Cash +€23,077

    up €23,077 (+38.6%), from €59,744 to €82,821

    mainly Current investments (+€198,944) and Net result for the year (+€191,807)

  • Tangible fixed assets -€13,541

    down €13,541 (-42.3%), from €32,023 to €18,482

Equity and liabilities
  • Reserves +€137,845

    up €137,845 (+59.8%), from €230,637 to €368,482

  • Provisions -€51,494

    down €51,494 (-100.0%), from €51,494 to €0

  • Other debts -€43,026

    down €43,026 (-100.0%), from €43,026 to €0

  • Tax, wage and social debts +€6,325

    up €6,325 (+27.9%), from €22,708 to €29,032

  • Current portion of long-term debt -€6,023

    down €6,023 (-100.0%), from €6,023 to €0

Income statement
  • Gross operating margin +€126,742

    up €126,742 (+75.5%), from €167,887 to €294,629

  • Taxes +€39,627

    up €39,627 (+82.6%), from €47,966 to €87,593

  • Depreciation -€5,123

    down €5,123 (-27.4%), from €18,664 to €13,541

From the 2025 result to the 2026 result

effect on the 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.

Result 2025 €100,379
Gross operating margin +€126,742
Depreciation +€5,123
Other operating charges +€5
Financial income -€1,269
Financial charges +€455
Taxes -€39,627
Result 2026 €191,807

Cash bridge derived

cash 2025 to 2026

Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€115,882
Investment +€198,944
Financing -€59,985
Cash 2025 €59,744
Net result for the year +€191,807
Depreciation +€13,541
Receivables within one year -€234,304
Smaller working-capital items +€479
Provisions -€51,494
Trade debts +€789
Tax, wage and social debts +€6,325
Other debts -€43,026
Current investments +€198,944
Current portion of long-term debt -€6,023
Contributions, distributions and other -€53,962
Cash 2026 €82,821
Every line side by side 44 lines
Line Code 2025 2026 Change %
Total assets 20/58 €362,209 €406,729 +€44,520 +12.3%
Fixed assets 21/28 €32,423 €18,881 -€13,541 -41.8%
Tangible fixed assets 22/27 €32,023 €18,482 -€13,541 -42.3%
Furniture and vehicles 24 €32,023 €18,482 -€13,541 -42.3%
Financial fixed assets 28 €399 €399 = 0.0%
Current assets 29/58 €329,786 €387,848 +€58,061 +17.6%
Amounts receivable within one year 40/41 €69,785 €304,089 +€234,304 +335.8%
Trade receivables 40 €69,482 €92,503 +€23,021 +33.1%
Other amounts receivable 41 €303 €211,585 +€211,282 +69681.8%
Current investments 50/53 €198,944 €0 -€198,944 -100.0%
Cash at bank and in hand 54/58 €59,744 €82,821 +€23,077 +38.6%
Deferred charges and accrued income 490/1 €1,313 €938 -€375 -28.6%
Total equity and liabilities 10/49 €362,209 €406,729 +€44,520 +12.3%
Equity 10/15 €236,837 €374,682 +€137,845 +58.2%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €230,637 €368,482 +€137,845 +59.8%
Distributable reserves 133 €230,637 €368,482 +€137,845 +59.8%
Profit (loss) carried forward 14 €0 €0 =
Provisions and deferred taxes 16 €51,494 €0 -€51,494 -100.0%
Provisions for liabilities and charges 160/5 €51,494 €0 -€51,494 -100.0%
Pensions and similar obligations 160 €51,494 €0 -€51,494 -100.0%
Amounts payable 17/49 €73,879 €32,047 -€41,831 -56.6%
Amounts payable after more than one year 17 €0 - =
Financial debts 170/4 €0 - =
Amounts payable within one year 42/48 €71,757 €29,821 -€41,935 -58.4%
Current portion of amounts payable after more than one year 42 €6,023 €0 -€6,023 -100.0%
Trade debts 44 - €789 +€789
Suppliers 440/4 - €789 +€789
Taxes, remuneration and social security 45 €22,708 €29,032 +€6,325 +27.9%
Taxes 450/3 €22,708 €29,032 +€6,325 +27.9%
Other amounts payable 47/48 €43,026 €0 -€43,026 -100.0%
Accrued charges and deferred income 492/3 €2,122 €2,226 +€104 +4.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €18,664 €13,541 -€5,123 -27.4%
Other operating charges 640/8 €928 €923 -€5 -0.5%
Gross operating margin 9900 €167,887 €294,629 +€126,742 +75.5%
Operating profit (loss) 9901 €148,295 €280,164 +€131,869 +88.9%
Financial income 75/76B €3,167 €1,898 -€1,269 -40.1%
Recurring financial income 75 €3,167 €1,898 -€1,269 -40.1%
Financial charges 65/66B €3,118 €2,663 -€455 -14.6%
Recurring financial charges 65 €3,118 €2,663 -€455 -14.6%
Profit (loss) for the period before taxes 9903 €148,344 €279,400 +€131,055 +88.3%
Income taxes 67/77 €47,966 €87,593 +€39,627 +82.6%
Profit (loss) for the period 9904 €100,379 €191,807 +€91,428 +91.1%
Profit (loss) for the period to be appropriated 9905 €100,379 €191,807 +€91,428 +91.1%

Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.