INSALACA: 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.
INSALACA
Largest movements
- Receivables within one year +€33,998
up €33,998 (+31.3%), from €108,498 to €142,496
- Tangible fixed assets -€9,895
down €9,895 (-4.6%), from €214,339 to €204,444
of which Land and buildings: -€7,586
- Cash +€9,103
up €9,103 (+226.1%), from €4,026 to €13,130
mainly Net result for the year (+€50,532) and Depreciation (+€11,358)
- Reserves +€30,000
up €30,000 (+105.6%), from €28,411 to €58,411
of which Distributable reserves: +€30,000
- Profit (loss) carried forward +€20,532
up €20,532 (+12.5%), from €164,606 to €185,137
- Debts after one year -€20,163
down €20,163 (-19.9%), from €101,430 to €81,267
- Gross operating margin +€9,205
up €9,205 (+11.4%), from €80,825 to €90,030
- Financial income -€5,570
down €5,570 (-98.7%), from €5,641 to €71
- Taxes +€3,099
up €3,099 (+16.2%), from €19,081 to €22,180
- Financial charges -€1,685
down €1,685 (-29.4%), from €5,723 to €4,038
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 | €344,440 | €376,151 | +€31,711 | +9.2% |
| Fixed assets | 21/28 | €214,364 | €204,469 | -€9,895 | -4.6% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €214,339 | €204,444 | -€9,895 | -4.6% |
| Land and buildings | 22 | €199,543 | €191,957 | -€7,586 | -3.8% |
| Plant, machinery and equipment | 23 | €14,797 | €12,488 | -€2,309 | -15.6% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €130,075 | €171,682 | +€41,607 | +32.0% |
| Amounts receivable within one year | 40/41 | €108,498 | €142,496 | +€33,998 | +31.3% |
| Other amounts receivable | 41 | €108,498 | €142,496 | +€33,998 | +31.3% |
| Cash at bank and in hand | 54/58 | €4,026 | €13,130 | +€9,103 | +226.1% |
| Deferred charges and accrued income | 490/1 | €17,551 | €16,056 | -€1,495 | -8.5% |
| Total equity and liabilities | 10/49 | €344,440 | €376,151 | +€31,711 | +9.2% |
| Equity | 10/15 | €199,216 | €249,748 | +€50,532 | +25.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €28,411 | €58,411 | +€30,000 | +105.6% |
| Tax-exempt reserves | 132 | €26,551 | €26,551 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €31,860 | +€30,000 | +1612.9% |
| Profit (loss) carried forward | 14 | €164,606 | €185,137 | +€20,532 | +12.5% |
| Amounts payable | 17/49 | €145,223 | €126,403 | -€18,820 | -13.0% |
| Amounts payable after more than one year | 17 | €101,430 | €81,267 | -€20,163 | -19.9% |
| Financial debts | 170/4 | €101,430 | €81,267 | -€20,163 | -19.9% |
| Amounts payable within one year | 42/48 | €43,557 | €43,757 | +€200 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €19,691 | €21,383 | +€1,692 | +8.6% |
| Financial debts | 43 | €1,192 | €296 | -€896 | -75.2% |
| Credit institutions | 430/8 | - | €296 | +€296 | |
| Other loans | 439 | €1,192 | - | -€1,192 | |
| Trade debts | 44 | €2,002 | €1,898 | -€104 | -5.2% |
| Suppliers | 440/4 | €2,002 | €1,898 | -€104 | -5.2% |
| Taxes, remuneration and social security | 45 | €20,671 | €20,180 | -€491 | -2.4% |
| Taxes | 450/3 | €19,171 | €20,180 | +€1,009 | +5.3% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Accrued charges and deferred income | 492/3 | €236 | €1,379 | +€1,142 | +483.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,330 | €11,358 | +€28 | +0.2% |
| Other operating charges | 640/8 | €1,876 | €1,994 | +€118 | +6.3% |
| Gross operating margin | 9900 | €80,825 | €90,030 | +€9,205 | +11.4% |
| Operating profit (loss) | 9901 | €67,619 | €76,678 | +€9,059 | +13.4% |
| Financial income | 75/76B | €5,641 | €71 | -€5,570 | -98.7% |
| Recurring financial income | 75 | €5,641 | €71 | -€5,570 | -98.7% |
| Financial charges | 65/66B | €5,723 | €4,038 | -€1,685 | -29.4% |
| Recurring financial charges | 65 | €5,723 | €4,038 | -€1,685 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €67,538 | €72,712 | +€5,174 | +7.7% |
| Income taxes | 67/77 | €19,081 | €22,180 | +€3,099 | +16.2% |
| Profit (loss) for the period | 9904 | €48,456 | €50,532 | +€2,075 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €48,456 | €50,532 | +€2,075 | +4.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.