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
- Tangible fixed assets -€15,510
down €15,510 (-24.4%), from €63,677 to €48,167
of which Land and buildings: -€9,444
- Receivables within one year +€13,162
up €13,162 (+1423.3%), from €925 to €14,087
of which Other amounts receivable: +€12,271
- Cash -€1,980
down €1,980 (-42.9%), from €4,619 to €2,639
mainly Receivables within one year (-€13,162) and Debts after one year (-€10,088)
- Deferred charges and accrued income +€1,855
new in 2025: €1,855
- Stocks and contracts -€1,139
down €1,139 (-16.9%), from €6,721 to €5,582
- Debts after one year -€10,088
down €10,088 (-70.3%), from €14,358 to €4,271
- Profit (loss) carried forward +€8,971
up €8,971 (+58.1%), from €15,430 to €24,401
- Contributions -€4,000
down €4,000 (-28.6%), from €14,000 to €10,000
- Other debts -€3,693
down €3,693 (-28.7%), from €12,877 to €9,184
- Tax, wage and social debts +€3,197
up €3,197 (+62.2%), from €5,142 to €8,339
of which Remuneration and social security: +€3,147
- Gross operating margin -€3,399
down €3,399 (-5.8%), from €58,785 to €55,387
- Staff costs +€2,295
up €2,295 (+9.3%), from €24,781 to €27,076
- Depreciation -€1,130
down €1,130 (-6.8%), from €16,639 to €15,510
- Financial charges -€934
down €934 (-60.2%), from €1,552 to €618
of which Financial charges: -€775
- Taxes +€817
up €817 (+40.8%), from €2,000 to €2,817
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 | €75,942 | €72,331 | -€3,611 | -4.8% |
| Fixed assets | 21/28 | €63,677 | €48,167 | -€15,510 | -24.4% |
| Tangible fixed assets | 22/27 | €63,677 | €48,167 | -€15,510 | -24.4% |
| Land and buildings | 22 | €53,439 | €43,995 | -€9,444 | -17.7% |
| Plant, machinery and equipment | 23 | €10,238 | €4,172 | -€6,066 | -59.2% |
| Current assets | 29/58 | €12,265 | €24,164 | +€11,899 | +97.0% |
| Stocks and contracts in progress | 3 | €6,721 | €5,582 | -€1,139 | -16.9% |
| Stocks | 30/36 | €6,721 | €5,582 | -€1,139 | -16.9% |
| Amounts receivable within one year | 40/41 | €925 | €14,087 | +€13,162 | +1423.3% |
| Trade receivables | 40 | - | €891 | +€891 | |
| Other amounts receivable | 41 | €925 | €13,196 | +€12,271 | +1326.9% |
| Cash at bank and in hand | 54/58 | €4,619 | €2,639 | -€1,980 | -42.9% |
| Deferred charges and accrued income | 490/1 | - | €1,855 | +€1,855 | |
| Total equity and liabilities | 10/49 | €75,942 | €72,331 | -€3,611 | -4.8% |
| Equity | 10/15 | €29,430 | €34,401 | +€4,971 | +16.9% |
| Contributions | 10/11 | €14,000 | €10,000 | -€4,000 | -28.6% |
| Profit (loss) carried forward | 14 | €15,430 | €24,401 | +€8,971 | +58.1% |
| Amounts payable | 17/49 | €46,512 | €37,930 | -€8,582 | -18.5% |
| Amounts payable after more than one year | 17 | €14,358 | €4,271 | -€10,088 | -70.3% |
| Financial debts | 170/4 | €14,358 | €4,271 | -€10,088 | -70.3% |
| Amounts payable within one year | 42/48 | €32,154 | €33,660 | +€1,506 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €9,864 | €10,088 | +€224 | +2.3% |
| Trade debts | 44 | €4,270 | €6,048 | +€1,778 | +41.6% |
| Suppliers | 440/4 | €4,270 | €6,048 | +€1,778 | +41.6% |
| Taxes, remuneration and social security | 45 | €5,142 | €8,339 | +€3,197 | +62.2% |
| Taxes | 450/3 | €4,160 | €4,210 | +€50 | +1.2% |
| Remuneration and social security | 454/9 | €982 | €4,129 | +€3,147 | +320.5% |
| Other amounts payable | 47/48 | €12,877 | €9,184 | -€3,693 | -28.7% |
| Remuneration, social security and pensions | 62 | €24,781 | €27,076 | +€2,295 | +9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,639 | €15,510 | -€1,130 | -6.8% |
| Other operating charges | 640/8 | €325 | €398 | +€72 | +22.2% |
| Gross operating margin | 9900 | €58,785 | €55,387 | -€3,399 | -5.8% |
| Operating profit (loss) | 9901 | €17,040 | €12,403 | -€4,637 | -27.2% |
| Financial income | 75/76B | €1 | €3 | +€2 | +216.5% |
| Recurring financial income | 75 | €1 | €3 | +€2 | +216.5% |
| Financial charges | 65/66B | €1,552 | €618 | -€934 | -60.2% |
| Recurring financial charges | 65 | €1,393 | €618 | -€775 | -55.6% |
| Non-recurring financial charges | 66B | €159 | - | -€159 | |
| Profit (loss) for the period before taxes | 9903 | €15,489 | €11,787 | -€3,701 | -23.9% |
| Income taxes | 67/77 | €2,000 | €2,817 | +€817 | +40.8% |
| Profit (loss) for the period | 9904 | €13,489 | €8,971 | -€4,518 | -33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,489 | €8,971 | -€4,518 | -33.5% |
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.