INS & CO: 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.
INS & CO
Largest movements
- Receivables within one year +€101,352
up €101,352 (+168.9%), from €59,998 to €161,350
of which Other amounts receivable: +€61,454
- Cash -€15,188
down €15,188 (-81.3%), from €18,688 to €3,500
mainly Receivables within one year (-€101,352)
- Reserves +€52,478
up €52,478 (+586.2%), from €8,953 to €61,431
of which Distributable reserves: +€52,478
- Tax, wage and social debts +€31,177
up €31,177 (+178.1%), from €17,506 to €48,683
- Trade debts +€2,509
up €2,509 (+64487.1%), from €4 to €2,512
- Taxes +€16,162
up €16,162 (+138.1%), from €11,699 to €27,861
- Other operating charges +€14,023
up €14,023 (+1607.7%), from €872 to €14,895
- Gross operating margin +€6,428
up €6,428 (+7.6%), from €84,475 to €90,903
- Depreciation -€4,700
no longer reported in 2025 (was €4,700)
- Financial charges -€2,585
down €2,585 (-81.5%), from €3,174 to €588
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 | €87,864 | €174,029 | +€86,164 | +98.1% |
| Fixed assets | 21/28 | €9,179 | €9,179 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €9,179 | €9,179 | = | 0.0% |
| Current assets | 29/58 | €78,685 | €164,850 | +€86,164 | +109.5% |
| Amounts receivable within one year | 40/41 | €59,998 | €161,350 | +€101,352 | +168.9% |
| Trade receivables | 40 | €0 | €39,898 | +€39,898 | |
| Other amounts receivable | 41 | €59,998 | €121,451 | +€61,454 | +102.4% |
| Cash at bank and in hand | 54/58 | €18,688 | €3,500 | -€15,188 | -81.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €87,864 | €174,029 | +€86,164 | +98.1% |
| Equity | 10/15 | €62,355 | €114,833 | +€52,478 | +84.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €8,953 | €61,431 | +€52,478 | +586.2% |
| Non-distributable reserves | 130/1 | €453 | €453 | = | 0.0% |
| Reserves not available under the articles | 1311 | €453 | €453 | = | 0.0% |
| Distributable reserves | 133 | €8,500 | €60,978 | +€52,478 | +617.4% |
| Profit (loss) carried forward | 14 | €41,002 | €41,002 | = | 0.0% |
| Amounts payable | 17/49 | €25,510 | €59,195 | +€33,686 | +132.1% |
| Amounts payable within one year | 42/48 | €25,510 | €59,195 | +€33,686 | +132.1% |
| Trade debts | 44 | €4 | €2,512 | +€2,509 | +64487.1% |
| Suppliers | 440/4 | €4 | €2,512 | +€2,509 | +64487.1% |
| Taxes, remuneration and social security | 45 | €17,506 | €48,683 | +€31,177 | +178.1% |
| Taxes | 450/3 | €17,506 | €48,683 | +€31,177 | +178.1% |
| Other amounts payable | 47/48 | €8,000 | €8,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,700 | - | -€4,700 | |
| Other operating charges | 640/8 | €872 | €14,895 | +€14,023 | +1607.7% |
| Non-recurring operating charges | 66A | €28,249 | - | -€28,249 | |
| Gross operating margin | 9900 | €84,475 | €90,903 | +€6,428 | +7.6% |
| Operating profit (loss) | 9901 | €50,654 | €76,007 | +€25,353 | +50.1% |
| Financial income | 75/76B | €3,013 | €4,920 | +€1,907 | +63.3% |
| Recurring financial income | 75 | €3,013 | €4,920 | +€1,907 | +63.3% |
| Financial charges | 65/66B | €3,174 | €588 | -€2,585 | -81.5% |
| Recurring financial charges | 65 | €3,174 | €588 | -€2,585 | -81.5% |
| Profit (loss) for the period before taxes | 9903 | €50,493 | €80,339 | +€29,846 | +59.1% |
| Income taxes | 67/77 | €11,699 | €27,861 | +€16,162 | +138.1% |
| Profit (loss) for the period | 9904 | €38,794 | €52,478 | +€13,684 | +35.3% |
| Profit (loss) for the period to be appropriated | 9905 | €38,794 | €52,478 | +€13,684 | +35.3% |
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 10 October 2026 via checked.be.