INSIDECO: 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.
INSIDECO
Largest movements
- Current investments +€75,000
new in 2025: €75,000
- Cash -€44,805
down €44,805 (-52.0%), from €86,148 to €41,343
mainly Current investments (-€75,000) and Debts after one year (-€7,153)
- Tangible fixed assets -€4,446
down €4,446 (-22.8%), from €19,518 to €15,072
of which Furniture and vehicles: -€4,261
- Receivables after one year -€2,065
no longer reported in 2025 (was €2,065)
- Reserves +€32,250
up €32,250 (+44.5%), from €72,500 to €104,750
- Debts after one year -€7,153
down €7,153 (-85.4%), from €8,379 to €1,226
- Gross operating margin -€4,237
down €4,237 (-7.0%), from €60,834 to €56,598
- Taxes -€1,058
down €1,058 (-6.0%), from €17,574 to €16,516
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 | €116,379 | €142,582 | +€26,203 | +22.5% |
| Fixed assets | 21/28 | €19,518 | €15,072 | -€4,446 | -22.8% |
| Tangible fixed assets | 22/27 | €19,518 | €15,072 | -€4,446 | -22.8% |
| Furniture and vehicles | 24 | €18,779 | €14,518 | -€4,261 | -22.7% |
| Other tangible fixed assets | 26 | €738 | €554 | -€185 | -25.0% |
| Current assets | 29/58 | €96,861 | €127,510 | +€30,649 | +31.6% |
| Amounts receivable after more than one year | 29 | €2,065 | - | -€2,065 | |
| Other amounts receivable | 291 | €2,065 | - | -€2,065 | |
| Amounts receivable within one year | 40/41 | €8,285 | €9,607 | +€1,322 | +16.0% |
| Trade receivables | 40 | €5,485 | €8,061 | +€2,576 | +47.0% |
| Other amounts receivable | 41 | €2,800 | €1,546 | -€1,254 | -44.8% |
| Current investments | 50/53 | - | €75,000 | +€75,000 | |
| Cash at bank and in hand | 54/58 | €86,148 | €41,343 | -€44,805 | -52.0% |
| Deferred charges and accrued income | 490/1 | €363 | €1,561 | +€1,198 | +330.2% |
| Total equity and liabilities | 10/49 | €116,379 | €142,582 | +€26,203 | +22.5% |
| Equity | 10/15 | €92,433 | €123,889 | +€31,456 | +34.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €72,500 | €104,750 | +€32,250 | +44.5% |
| Distributable reserves | 133 | €72,500 | €104,750 | +€32,250 | +44.5% |
| Profit (loss) carried forward | 14 | €1,341 | €547 | -€794 | -59.2% |
| Amounts payable | 17/49 | €23,945 | €18,693 | -€5,253 | -21.9% |
| Amounts payable after more than one year | 17 | €8,379 | €1,226 | -€7,153 | -85.4% |
| Financial debts | 170/4 | €8,379 | €1,226 | -€7,153 | -85.4% |
| Amounts payable within one year | 42/48 | €15,567 | €17,467 | +€1,901 | +12.2% |
| Current portion of amounts payable after more than one year | 42 | €6,822 | €7,153 | +€331 | +4.9% |
| Trade debts | 44 | €69 | €424 | +€355 | +511.9% |
| Suppliers | 440/4 | €69 | €424 | +€355 | +511.9% |
| Taxes, remuneration and social security | 45 | €5,717 | €6,016 | +€299 | +5.2% |
| Taxes | 450/3 | €5,717 | €6,016 | +€299 | +5.2% |
| Other amounts payable | 47/48 | €2,958 | €3,874 | +€916 | +31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,449 | €6,685 | +€236 | +3.7% |
| Other operating charges | 640/8 | €887 | €465 | -€421 | -47.5% |
| Gross operating margin | 9900 | €60,834 | €56,598 | -€4,237 | -7.0% |
| Operating profit (loss) | 9901 | €53,498 | €49,447 | -€4,051 | -7.6% |
| Financial income | 75/76B | €146 | €55 | -€91 | -62.0% |
| Recurring financial income | 75 | €146 | €55 | -€91 | -62.0% |
| Financial charges | 65/66B | €1,128 | €697 | -€430 | -38.2% |
| Recurring financial charges | 65 | €1,128 | €697 | -€430 | -38.2% |
| Profit (loss) for the period before taxes | 9903 | €52,516 | €48,805 | -€3,711 | -7.1% |
| Income taxes | 67/77 | €17,574 | €16,516 | -€1,058 | -6.0% |
| Profit (loss) for the period | 9904 | €34,942 | €32,289 | -€2,653 | -7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €34,942 | €32,289 | -€2,653 | -7.6% |
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 9 October 2026 via checked.be.