INSAF CONCEPT: 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.
INSAF CONCEPT
Largest movements
- Receivables within one year +€22,963
up €22,963 (+44.8%), from €51,248 to €74,210
of which Other amounts receivable: +€19,399
- Cash -€6,227
down €6,227 (-99.0%), from €6,287 to €60
mainly Receivables within one year (-€22,963) and Contributions, distributions and other (-€10,000)
- Tangible fixed assets +€2,869
up €2,869 (+195.6%), from €1,467 to €4,335
- Profit (loss) carried forward +€29,096
up €29,096 (+228.5%), from €12,731 to €41,827
- Other debts -€5,000
down €5,000 (-33.3%), from €15,000 to €10,000
- Tax, wage and social debts -€4,647
down €4,647 (-27.4%), from €16,964 to €12,317
- Gross operating margin +€16,838
up €16,838 (+57.8%), from €29,124 to €45,962
- Taxes +€4,794
up €4,794 (+163.4%), from €2,934 to €7,728
- Financial income +€743
up €743 (+28.2%), from €2,640 to €3,383
- Other operating charges +€715
up €715 (+109.7%), from €651 to €1,366
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €59,001 | €78,656 | +€19,654 | +33.3% |
| Fixed assets | 21/28 | €1,467 | €4,335 | +€2,869 | +195.6% |
| Tangible fixed assets | 22/27 | €1,467 | €4,335 | +€2,869 | +195.6% |
| Furniture and vehicles | 24 | €1,467 | €4,335 | +€2,869 | +195.6% |
| Current assets | 29/58 | €57,535 | €74,320 | +€16,786 | +29.2% |
| Amounts receivable within one year | 40/41 | €51,248 | €74,210 | +€22,963 | +44.8% |
| Trade receivables | 40 | - | €3,563 | +€3,563 | |
| Other amounts receivable | 41 | €51,248 | €70,647 | +€19,399 | +37.9% |
| Cash at bank and in hand | 54/58 | €6,287 | €60 | -€6,227 | -99.0% |
| Deferred charges and accrued income | 490/1 | - | €50 | +€50 | |
| Total equity and liabilities | 10/49 | €59,001 | €78,656 | +€19,654 | +33.3% |
| Equity | 10/15 | €18,731 | €47,827 | +€29,096 | +155.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,731 | €41,827 | +€29,096 | +228.5% |
| Amounts payable | 17/49 | €40,270 | €30,829 | -€9,442 | -23.4% |
| Amounts payable within one year | 42/48 | €40,270 | €30,829 | -€9,442 | -23.4% |
| Trade debts | 44 | €8,306 | €8,512 | +€206 | +2.5% |
| Suppliers | 440/4 | €8,306 | €8,512 | +€206 | +2.5% |
| Taxes, remuneration and social security | 45 | €16,964 | €12,317 | -€4,647 | -27.4% |
| Taxes | 450/3 | €16,964 | €12,317 | -€4,647 | -27.4% |
| Other amounts payable | 47/48 | €15,000 | €10,000 | -€5,000 | -33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,467 | €1,155 | -€312 | -21.2% |
| Other operating charges | 640/8 | €651 | €1,366 | +€715 | +109.7% |
| Gross operating margin | 9900 | €29,124 | €45,962 | +€16,838 | +57.8% |
| Operating profit (loss) | 9901 | €27,007 | €43,441 | +€16,435 | +60.9% |
| Financial income | 75/76B | €2,640 | €3,383 | +€743 | +28.2% |
| Recurring financial income | 75 | €2,640 | €3,383 | +€743 | +28.2% |
| Financial charges | 65/66B | €1 | - | -€1 | |
| Recurring financial charges | 65 | €1 | - | -€1 | |
| Profit (loss) for the period before taxes | 9903 | €29,645 | €46,824 | +€17,179 | +57.9% |
| Income taxes | 67/77 | €2,934 | €7,728 | +€4,794 | +163.4% |
| Profit (loss) for the period | 9904 | €26,711 | €39,096 | +€12,386 | +46.4% |
| Profit (loss) for the period to be appropriated | 9905 | €26,711 | €39,096 | +€12,386 | +46.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.