INSIEME: 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.
INSIEME
Largest movements
- Receivables within one year +€31,048
up €31,048 (+405%), from €7,664 to €38,711
of which Trade receivables: +€37,420
- Cash -€29,305
down €29,305 (-100%), from €29,305 to €0
mainly Receivables within one year (-€31,048) and Tax, wage and social debts (-€7,064)
- Tangible fixed assets -€2,749
down €2,749 (-42.3%), from €6,493 to €3,743
of which Furniture and vehicles: -€2,322
- Deferred charges and accrued income +€1,258
up €1,258 (+249%), from €504 to €1,762
- Profit (loss) carried forward +€10,875
up €10,875 (+19.4%), from -€55,950 to -€45,075
- Tax, wage and social debts -€7,064
down €7,064 (-41.6%), from €16,965 to €9,901
of which Taxes: -€7,243
- Trade debts -€2,958
down €2,958 (-53.4%), from €5,541 to €2,583
- Other debts -€1,029
down €1,029 (-50.2%), from €2,048 to €1,019
- Gross operating margin +€10,396
up €10,396 (+18.1%), from €57,484 to €67,880
- Depreciation -€3,403
down €3,403 (-55.3%), from €6,152 to €2,749
- Staff costs +€1,411
up €1,411 (+2.8%), from €49,921 to €51,332
- Taxes +€1,353
up €1,353 (+479%), from €282 to €1,635
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.
Derived cash bridge
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 | €43,966 | €44,216 | +€251 | +0.6% |
| Fixed assets | 21/28 | €6,493 | €3,743 | -€2,749 | -42.3% |
| Tangible fixed assets | 22/27 | €6,493 | €3,743 | -€2,749 | -42.3% |
| Furniture and vehicles | 24 | €5,639 | €3,317 | -€2,322 | -41.2% |
| Other tangible fixed assets | 26 | €854 | €427 | -€427 | -50.0% |
| Current assets | 29/58 | €37,473 | €40,473 | +€3,000 | +8.0% |
| Amounts receivable within one year | 40/41 | €7,664 | €38,711 | +€31,048 | +405% |
| Trade receivables | 40 | €1,292 | €38,711 | +€37,420 | +2,897% |
| Other amounts receivable | 41 | €6,372 | €0 | -€6,372 | -100% |
| Cash at bank and in hand | 54/58 | €29,305 | €0 | -€29,305 | -100% |
| Deferred charges and accrued income | 490/1 | €504 | €1,762 | +€1,258 | +249% |
| Total equity and liabilities | 10/49 | €43,966 | €44,216 | +€251 | +0.6% |
| Equity | 10/15 | €19,412 | €30,287 | +€10,875 | +56.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €69,162 | €69,162 | = | 0.0% |
| Distributable reserves | 133 | €69,162 | €69,162 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,950 | -€45,075 | +€10,875 | +19.4% |
| Amounts payable | 17/49 | €24,554 | €13,929 | -€10,624 | -43.3% |
| Amounts payable within one year | 42/48 | €24,554 | €13,929 | -€10,624 | -43.3% |
| Financial debts | 43 | - | €427 | +€427 | |
| Credit institutions | 430/8 | - | €427 | +€427 | |
| Trade debts | 44 | €5,541 | €2,583 | -€2,958 | -53.4% |
| Suppliers | 440/4 | €5,541 | €2,583 | -€2,958 | -53.4% |
| Taxes, remuneration and social security | 45 | €16,965 | €9,901 | -€7,064 | -41.6% |
| Taxes | 450/3 | €11,937 | €4,694 | -€7,243 | -60.7% |
| Remuneration and social security | 454/9 | €5,028 | €5,207 | +€179 | +3.6% |
| Other amounts payable | 47/48 | €2,048 | €1,019 | -€1,029 | -50.2% |
| Remuneration, social security and pensions | 62 | €49,921 | €51,332 | +€1,411 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,152 | €2,749 | -€3,403 | -55.3% |
| Other operating charges | 640/8 | €841 | €831 | -€10 | -1.1% |
| Gross operating margin | 9900 | €57,484 | €67,880 | +€10,396 | +18.1% |
| Operating profit (loss) | 9901 | €571 | €12,968 | +€12,397 | +2,171% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €460 | €458 | -€2 | -0.5% |
| Recurring financial charges | 65 | €460 | €458 | -€2 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €111 | €12,510 | +€12,399 | +11,135% |
| Income taxes | 67/77 | €282 | €1,635 | +€1,353 | +479% |
| Profit (loss) for the period | 9904 | -€171 | €10,875 | +€11,046 | |
| Profit (loss) for the period to be appropriated | 9905 | -€171 | €10,875 | +€11,046 |
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 30 October 2026 via checked.be.