Insig: 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.
Insig
Largest movements
- Cash +€96,849
up €96,849 (+244.3%), from €39,640 to €136,489
mainly Debts after one year (+€136,921) and Current portion of long-term debt (+€36,260)
- Deferred charges and accrued income -€5,590
down €5,590 (-29.9%), from €18,715 to €13,125
- Debts after one year +€136,921
new in 2025: €136,921
- Reserves -€86,859
down €86,859 (-39.9%), from €217,448 to €130,589
of which Distributable reserves: -€86,859
- Current portion of long-term debt +€36,260
new in 2025: €36,260
- Other debts +€35,750
up €35,750 (+76.4%), from €46,766 to €82,516
- Profit (loss) carried forward -€30,814
down €30,814 (-36.8%), from -€83,698 to -€114,512
- Gross operating margin -€193,540
down €193,540, from €75,980 to -€117,560
- Financial charges -€74,183
down €74,183 (-85.4%), from €86,883 to €12,700
- Financial income +€65,112
up €65,112 (+177.0%), from €36,789 to €101,901
- Taxes -€1,562
down €1,562 (-69.1%), from €2,259 to €697
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 | €218,532 | €310,556 | +€92,024 | +42.1% |
| Fixed assets | 21/28 | €10,176 | €8,642 | -€1,534 | -15.1% |
| Tangible fixed assets | 22/27 | €7,076 | €8,642 | +€1,566 | +22.1% |
| Plant, machinery and equipment | 23 | €2,876 | €4,442 | +€1,566 | +54.4% |
| Other tangible fixed assets | 26 | €4,200 | €4,200 | = | 0.0% |
| Financial fixed assets | 28 | €3,100 | - | -€3,100 | |
| Current assets | 29/58 | €208,356 | €301,914 | +€93,558 | +44.9% |
| Amounts receivable within one year | 40/41 | - | €953 | +€953 | |
| Other amounts receivable | 41 | - | €953 | +€953 | |
| Current investments | 50/53 | €150,000 | €151,346 | +€1,346 | +0.9% |
| Cash at bank and in hand | 54/58 | €39,640 | €136,489 | +€96,849 | +244.3% |
| Deferred charges and accrued income | 490/1 | €18,715 | €13,125 | -€5,590 | -29.9% |
| Total equity and liabilities | 10/49 | €218,532 | €310,556 | +€92,024 | +42.1% |
| Equity | 10/15 | €153,350 | €35,677 | -€117,673 | -76.7% |
| Contributions | 10/11 | €19,600 | €19,600 | = | 0.0% |
| Reserves | 13 | €217,448 | €130,589 | -€86,859 | -39.9% |
| Non-distributable reserves | 130/1 | €1,960 | €1,960 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,960 | €1,960 | = | 0.0% |
| Distributable reserves | 133 | €215,488 | €128,629 | -€86,859 | -40.3% |
| Profit (loss) carried forward | 14 | -€83,698 | -€114,512 | -€30,814 | -36.8% |
| Amounts payable | 17/49 | €65,183 | €274,879 | +€209,697 | +321.7% |
| Amounts payable after more than one year | 17 | - | €136,921 | +€136,921 | |
| Financial debts | 170/4 | - | €136,921 | +€136,921 | |
| Amounts payable within one year | 42/48 | €65,183 | €137,559 | +€72,376 | +111.0% |
| Current portion of amounts payable after more than one year | 42 | - | €36,260 | +€36,260 | |
| Trade debts | 44 | €5,763 | €5,146 | -€617 | -10.7% |
| Suppliers | 440/4 | €5,763 | €5,146 | -€617 | -10.7% |
| Taxes, remuneration and social security | 45 | €12,654 | €13,637 | +€983 | +7.8% |
| Taxes | 450/3 | €12,654 | €13,637 | +€983 | +7.8% |
| Other amounts payable | 47/48 | €46,766 | €82,516 | +€35,750 | +76.4% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,230 | €1,551 | +€320 | +26.0% |
| Other operating charges | 640/8 | €186 | €208 | +€22 | +11.8% |
| Gross operating margin | 9900 | €75,980 | -€117,560 | -€193,540 | |
| Operating profit (loss) | 9901 | €74,564 | -€119,318 | -€193,882 | |
| Financial income | 75/76B | €36,789 | €101,901 | +€65,112 | +177.0% |
| Recurring financial income | 75 | €36,789 | €101,901 | +€65,112 | +177.0% |
| Financial charges | 65/66B | €86,883 | €12,700 | -€74,183 | -85.4% |
| Recurring financial charges | 65 | €86,883 | €12,700 | -€74,183 | -85.4% |
| Profit (loss) for the period before taxes | 9903 | €24,470 | -€30,117 | -€54,587 | |
| Income taxes | 67/77 | €2,259 | €697 | -€1,562 | -69.1% |
| Profit (loss) for the period | 9904 | €22,211 | -€30,814 | -€53,025 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,211 | -€30,814 | -€53,025 |
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 10 October 2026 via checked.be.