INSEETU: 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.
INSEETU
Largest movements
- Receivables within one year -€50,454
down €50,454 (-66.6%), from €75,704 to €25,251
of which Trade receivables: -€50,454
- Tangible fixed assets +€2,028
new in 2024: €2,028
- Cash +€1,114
up €1,114 (+3.7%), from €29,981 to €31,095
mainly Receivables within one year (+€50,454) and Net result for the year (+€7,720)
- Trade debts -€34,736
down €34,736 (-60.2%), from €57,744 to €23,008
- Tax, wage and social debts -€17,189
down €17,189 (-93.3%), from €18,431 to €1,242
- Profit (loss) carried forward +€7,720
up €7,720 (+9.1%), from -€85,009 to -€77,289
- Other debts -€3,394
down €3,394 (-82.6%), from €4,106 to €713
- Gross operating margin +€18,524
up €18,524, from -€6,200 to €12,324
- Depreciation -€491
down €491 (-56.1%), from €875 to €384
- Financial income -€318
no longer reported in 2024 (was €318)
- Other operating charges +€315
up €315 (+2,094%), from €15 to €330
- Financial charges -€309
down €309 (-7.4%), from €4,198 to €3,890
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.
Derived cash bridge
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 | €105,972 | €58,373 | -€47,599 | -44.9% |
| Fixed assets | 21/28 | €287 | €2,028 | +€1,741 | +607% |
| Intangible fixed assets | 21 | €287 | €0 | -€287 | -100% |
| Tangible fixed assets | 22/27 | - | €2,028 | +€2,028 | |
| Other tangible fixed assets | 26 | - | €2,028 | +€2,028 | |
| Current assets | 29/58 | €105,685 | €56,345 | -€49,340 | -46.7% |
| Amounts receivable within one year | 40/41 | €75,704 | €25,251 | -€50,454 | -66.6% |
| Trade receivables | 40 | €69,535 | €19,081 | -€50,454 | -72.6% |
| Other amounts receivable | 41 | €6,169 | €6,169 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €29,981 | €31,095 | +€1,114 | +3.7% |
| Total equity and liabilities | 10/49 | €105,972 | €58,373 | -€47,599 | -44.9% |
| Equity | 10/15 | -€76,809 | -€69,089 | +€7,720 | +10.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,009 | -€77,289 | +€7,720 | +9.1% |
| Investment grants | 15 | €2,000 | €2,000 | = | 0.0% |
| Amounts payable | 17/49 | €182,781 | €127,462 | -€55,319 | -30.3% |
| Amounts payable after more than one year | 17 | €102,500 | €102,500 | = | 0.0% |
| Financial debts | 170/4 | €102,500 | €102,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €80,281 | €24,962 | -€55,319 | -68.9% |
| Trade debts | 44 | €57,744 | €23,008 | -€34,736 | -60.2% |
| Suppliers | 440/4 | €57,744 | €23,008 | -€34,736 | -60.2% |
| Taxes, remuneration and social security | 45 | €18,431 | €1,242 | -€17,189 | -93.3% |
| Taxes | 450/3 | €18,431 | €1,242 | -€17,189 | -93.3% |
| Other amounts payable | 47/48 | €4,106 | €713 | -€3,394 | -82.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €875 | €384 | -€491 | -56.1% |
| Other operating charges | 640/8 | €15 | €330 | +€315 | +2,094% |
| Gross operating margin | 9900 | -€6,200 | €12,324 | +€18,524 | |
| Operating profit (loss) | 9901 | -€7,090 | €11,610 | +€18,700 | |
| Financial income | 75/76B | €318 | - | -€318 | |
| Recurring financial income | 75 | €318 | - | -€318 | |
| Financial charges | 65/66B | €4,198 | €3,890 | -€309 | -7.4% |
| Recurring financial charges | 65 | €4,198 | €3,890 | -€309 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,971 | €7,720 | +€18,691 | |
| Profit (loss) for the period | 9904 | -€10,971 | €7,720 | +€18,691 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,971 | €7,720 | +€18,691 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.