INROTI: 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.
INROTI
Largest movements
- Tangible fixed assets +€61,245
up €61,245 (+100.3%), from €61,046 to €122,291
- Receivables within one year +€49,519
up €49,519 (+106.0%), from €46,727 to €96,247
of which Other amounts receivable: +€26,521
- Cash +€16,161
up €16,161 (+32.0%), from €50,454 to €66,616
mainly Debts after one year (+€65,692) and Net result for the year (+€52,574)
- Debts after one year +€65,692
up €65,692 (+606.4%), from €10,833 to €76,525
- Reserves +€38,628
up €38,628 (+58.4%), from €66,106 to €104,734
of which Distributable reserves: +€38,628
- Other debts +€13,039
new in 2025: €13,039
- Tax, wage and social debts +€10,768
up €10,768 (+29.1%), from €36,959 to €47,727
of which Taxes: +€15,324
- Gross operating margin +€74,721
up €74,721 (+135.5%), from €55,134 to €129,856
- Other operating charges +€25,121
up €25,121 (+1809.2%), from €1,389 to €26,509
- Taxes +€14,463
up €14,463 (+139.6%), from €10,362 to €24,826
- Depreciation +€3,041
up €3,041 (+14.4%), from €21,093 to €24,134
- Financial charges +€1,788
up €1,788 (+99.4%), from €1,799 to €3,587
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 | €158,228 | €285,154 | +€126,926 | +80.2% |
| Fixed assets | 21/28 | €61,046 | €122,291 | +€61,245 | +100.3% |
| Tangible fixed assets | 22/27 | €61,046 | €122,291 | +€61,245 | +100.3% |
| Furniture and vehicles | 24 | €61,046 | €122,291 | +€61,245 | +100.3% |
| Current assets | 29/58 | €97,182 | €162,862 | +€65,681 | +67.6% |
| Amounts receivable within one year | 40/41 | €46,727 | €96,247 | +€49,519 | +106.0% |
| Trade receivables | 40 | €27,553 | €50,551 | +€22,998 | +83.5% |
| Other amounts receivable | 41 | €19,174 | €45,695 | +€26,521 | +138.3% |
| Cash at bank and in hand | 54/58 | €50,454 | €66,616 | +€16,161 | +32.0% |
| Total equity and liabilities | 10/49 | €158,228 | €285,154 | +€126,926 | +80.2% |
| Equity | 10/15 | €72,306 | €110,934 | +€38,628 | +53.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €66,106 | €104,734 | +€38,628 | +58.4% |
| Non-distributable reserves | 130/1 | €201 | €201 | = | 0.0% |
| Reserves not available under the articles | 1311 | €201 | €201 | = | 0.0% |
| Distributable reserves | 133 | €65,905 | €104,533 | +€38,628 | +58.6% |
| Amounts payable | 17/49 | €85,922 | €174,220 | +€88,298 | +102.8% |
| Amounts payable after more than one year | 17 | €10,833 | €76,525 | +€65,692 | +606.4% |
| Financial debts | 170/4 | €10,833 | €76,525 | +€65,692 | +606.4% |
| Amounts payable within one year | 42/48 | €73,439 | €97,695 | +€24,256 | +33.0% |
| Current portion of amounts payable after more than one year | 42 | €20,000 | €20,524 | +€524 | +2.6% |
| Trade debts | 44 | €16,480 | €16,405 | -€75 | -0.5% |
| Suppliers | 440/4 | €16,480 | €16,405 | -€75 | -0.5% |
| Taxes, remuneration and social security | 45 | €36,959 | €47,727 | +€10,768 | +29.1% |
| Taxes | 450/3 | €26,272 | €41,596 | +€15,324 | +58.3% |
| Remuneration and social security | 454/9 | €10,687 | €6,131 | -€4,556 | -42.6% |
| Other amounts payable | 47/48 | - | €13,039 | +€13,039 | |
| Accrued charges and deferred income | 492/3 | €1,650 | - | -€1,650 | |
| Non-recurring operating income | 76A | €1,240 | €93,938 | +€92,698 | +7473.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,093 | €24,134 | +€3,041 | +14.4% |
| Other operating charges | 640/8 | €1,389 | €26,509 | +€25,121 | +1809.2% |
| Gross operating margin | 9900 | €55,134 | €129,856 | +€74,721 | +135.5% |
| Operating profit (loss) | 9901 | €32,653 | €79,213 | +€46,560 | +142.6% |
| Financial income | 75/76B | €580 | €1,774 | +€1,194 | +205.7% |
| Recurring financial income | 75 | €580 | €1,774 | +€1,194 | +205.7% |
| Financial charges | 65/66B | €1,799 | €3,587 | +€1,788 | +99.4% |
| Recurring financial charges | 65 | €1,799 | €3,587 | +€1,788 | +99.4% |
| Profit (loss) for the period before taxes | 9903 | €31,435 | €77,399 | +€45,965 | +146.2% |
| Income taxes | 67/77 | €10,362 | €24,826 | +€14,463 | +139.6% |
| Profit (loss) for the period | 9904 | €21,072 | €52,574 | +€31,502 | +149.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,072 | €52,574 | +€31,502 | +149.5% |
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 12 October 2026 via checked.be.