INSIGO: 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.
INSIGO
Largest movements
- Financial fixed assets -€52,375
down €52,375 (-37.6%), from €139,380 to €87,005
- Cash +€33,212
up €33,212 (+25.8%), from €128,798 to €162,010
mainly Investment in fixed assets (net) (+€52,375) and Receivables within one year (+€10,864)
- Receivables within one year -€10,864
down €10,864 (-41.8%), from €25,961 to €15,097
of which Trade receivables: -€23,840
- Profit (loss) carried forward -€10,777
down €10,777 (-4.6%), from €232,170 to €221,392
- Other debts -€7,326
down €7,326 (-78.5%), from €9,331 to €2,005
- Accrued charges and deferred income -€6,668
no longer reported in 2025 (was €6,668)
- Gross operating margin -€36,124
down €36,124 (-59.1%), from €61,175 to €25,051
- Staff costs +€9,747
up €9,747 (+64.1%), from €15,200 to €24,947
- Other operating charges +€9,170
up €9,170 (+182.7%), from €5,019 to €14,189
- Financial income -€1,466
down €1,466 (-25.9%), from €5,649 to €4,183
- Financial charges +€797
up €797 (+2791.5%), from €29 to €825
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 | €345,952 | €315,925 | -€30,027 | -8.7% |
| Fixed assets | 21/28 | €191,193 | €138,818 | -€52,375 | -27.4% |
| Tangible fixed assets | 22/27 | €51,814 | €51,814 | = | 0.0% |
| Land and buildings | 22 | €51,814 | €51,814 | = | 0.0% |
| Financial fixed assets | 28 | €139,380 | €87,005 | -€52,375 | -37.6% |
| Current assets | 29/58 | €154,758 | €177,106 | +€22,348 | +14.4% |
| Amounts receivable within one year | 40/41 | €25,961 | €15,097 | -€10,864 | -41.8% |
| Trade receivables | 40 | €24,195 | €356 | -€23,840 | -98.5% |
| Other amounts receivable | 41 | €1,765 | €14,741 | +€12,976 | +735.0% |
| Cash at bank and in hand | 54/58 | €128,798 | €162,010 | +€33,212 | +25.8% |
| Total equity and liabilities | 10/49 | €345,952 | €315,925 | -€30,027 | -8.7% |
| Equity | 10/15 | €324,399 | €313,622 | -€10,777 | -3.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €30,229 | €30,229 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €24,029 | €24,029 | = | 0.0% |
| Profit (loss) carried forward | 14 | €232,170 | €221,392 | -€10,777 | -4.6% |
| Amounts payable | 17/49 | €21,553 | €2,303 | -€19,250 | -89.3% |
| Amounts payable within one year | 42/48 | €14,885 | €2,303 | -€12,582 | -84.5% |
| Current portion of amounts payable after more than one year | 42 | €2,000 | - | -€2,000 | |
| Taxes, remuneration and social security | 45 | €3,554 | €298 | -€3,256 | -91.6% |
| Taxes | 450/3 | €3,554 | €298 | -€3,256 | -91.6% |
| Other amounts payable | 47/48 | €9,331 | €2,005 | -€7,326 | -78.5% |
| Accrued charges and deferred income | 492/3 | €6,668 | - | -€6,668 | |
| Remuneration, social security and pensions | 62 | €15,200 | €24,947 | +€9,747 | +64.1% |
| Other operating charges | 640/8 | €5,019 | €14,189 | +€9,170 | +182.7% |
| Gross operating margin | 9900 | €61,175 | €25,051 | -€36,124 | -59.1% |
| Operating profit (loss) | 9901 | €40,956 | -€14,085 | -€55,041 | |
| Financial income | 75/76B | €5,649 | €4,183 | -€1,466 | -25.9% |
| Recurring financial income | 75 | €5,649 | €4,183 | -€1,466 | -25.9% |
| Financial charges | 65/66B | €29 | €825 | +€797 | +2791.5% |
| Recurring financial charges | 65 | €29 | €825 | +€797 | +2791.5% |
| Profit (loss) for the period before taxes | 9903 | €46,576 | -€10,727 | -€57,304 | |
| Income taxes | 67/77 | - | €50 | +€50 | |
| Profit (loss) for the period | 9904 | €46,576 | -€10,777 | -€57,354 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,576 | -€10,777 | -€57,354 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.