INSEPARABLE ADN: 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.
INSEPARABLE ADN
Largest movements
- Cash +€18,213
up €18,213 (+310.3%), from €5,870 to €24,083
mainly Receivables within one year (+€16,814) and Other debts (+€8,320)
- Receivables within one year -€16,814
down €16,814 (-96.6%), from €17,402 to €588
of which Trade receivables: -€13,596
- Stocks and contracts -€3,628
down €3,628 (-7.6%), from €47,638 to €44,010
- Deferred charges and accrued income +€1,908
up €1,908 (+337.8%), from €565 to €2,473
- Current portion of long-term debt -€8,800
down €8,800 (-69.5%), from €12,667 to €3,867
- Other debts +€8,320
new in 2025: €8,320
- Profit (loss) carried forward +€2,936
up €2,936 (+20.6%), from €14,252 to €17,188
- Trade debts -€2,371
down €2,371 (-11.1%), from €21,443 to €19,072
- Turnover -€972,416
no longer reported in 2025 (was €972,416)
- Purchases and services -€913,687
no longer reported in 2025 (was €913,687)
- Gross operating margin -€14,215
down €14,215 (-24.2%), from €58,730 to €44,514
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 | €79,617 | €80,095 | +€478 | +0.6% |
| Fixed assets | 21/28 | €8,142 | €8,940 | +€798 | +9.8% |
| Tangible fixed assets | 22/27 | €2,995 | €3,793 | +€798 | +26.6% |
| Plant, machinery and equipment | 23 | €1,216 | €1,216 | = | 0.0% |
| Furniture and vehicles | 24 | €1,779 | €2,577 | +€798 | +44.8% |
| Financial fixed assets | 28 | €5,147 | €5,147 | = | 0.0% |
| Current assets | 29/58 | €71,475 | €71,154 | -€320 | -0.4% |
| Stocks and contracts in progress | 3 | €47,638 | €44,010 | -€3,628 | -7.6% |
| Stocks | 30/36 | €47,638 | €44,010 | -€3,628 | -7.6% |
| Amounts receivable within one year | 40/41 | €17,402 | €588 | -€16,814 | -96.6% |
| Trade receivables | 40 | €13,596 | - | -€13,596 | |
| Other amounts receivable | 41 | €3,806 | €588 | -€3,218 | -84.6% |
| Cash at bank and in hand | 54/58 | €5,870 | €24,083 | +€18,213 | +310.3% |
| Deferred charges and accrued income | 490/1 | €565 | €2,473 | +€1,908 | +337.8% |
| Total equity and liabilities | 10/49 | €79,617 | €80,095 | +€478 | +0.6% |
| Equity | 10/15 | €24,252 | €27,188 | +€2,936 | +12.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,252 | €17,188 | +€2,936 | +20.6% |
| Amounts payable | 17/49 | €55,365 | €52,907 | -€2,458 | -4.4% |
| Amounts payable after more than one year | 17 | €9,833 | €9,833 | = | 0.0% |
| Financial debts | 170/4 | €9,833 | €9,833 | = | 0.0% |
| Amounts payable within one year | 42/48 | €45,532 | €43,074 | -€2,458 | -5.4% |
| Current portion of amounts payable after more than one year | 42 | €12,667 | €3,867 | -€8,800 | -69.5% |
| Trade debts | 44 | €21,443 | €19,072 | -€2,371 | -11.1% |
| Suppliers | 440/4 | €21,443 | €19,072 | -€2,371 | -11.1% |
| Taxes, remuneration and social security | 45 | €11,422 | €11,815 | +€393 | +3.4% |
| Taxes | 450/3 | - | €3,682 | +€3,682 | |
| Remuneration and social security | 454/9 | €11,422 | €8,133 | -€3,289 | -28.8% |
| Other amounts payable | 47/48 | - | €8,320 | +€8,320 | |
| Turnover | 70 | €972,416 | - | -€972,416 | |
| Goods, raw materials, services and sundry goods | 60/61 | €913,687 | - | -€913,687 | |
| Remuneration, social security and pensions | 62 | €46,621 | €37,596 | -€9,025 | -19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,588 | €538 | -€1,051 | -66.2% |
| Other operating charges | 640/8 | €3,391 | €1,038 | -€2,353 | -69.4% |
| Gross operating margin | 9900 | €58,730 | €44,514 | -€14,215 | -24.2% |
| Operating profit (loss) | 9901 | €7,129 | €5,343 | -€1,787 | -25.1% |
| Financial income | 75/76B | €1,257 | €656 | -€601 | -47.8% |
| Recurring financial income | 75 | €1,257 | €656 | -€601 | -47.8% |
| Financial charges | 65/66B | €1,391 | €1,796 | +€405 | +29.1% |
| Recurring financial charges | 65 | €1,391 | €1,796 | +€405 | +29.1% |
| Profit (loss) for the period before taxes | 9903 | €6,995 | €4,203 | -€2,792 | -39.9% |
| Income taxes | 67/77 | €2,454 | €1,267 | -€1,186 | -48.4% |
| Profit (loss) for the period | 9904 | €4,542 | €2,936 | -€1,606 | -35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,542 | €2,936 | -€1,606 | -35.4% |
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 7 October 2026 via checked.be.