INSIMA: 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.
INSIMA
Largest movements
- Cash -€43,730
down €43,730 (-37.2%), from €117,684 to €73,953
mainly Receivables within one year (-€24,724) and Tax, wage and social debts (-€22,273)
- Receivables within one year +€24,724
up €24,724 (+1,155%), from €2,141 to €26,865
of which Trade receivables: +€24,716
- Deferred charges and accrued income -€6,608
down €6,608 (-96.3%), from €6,863 to €255
- Tax, wage and social debts -€22,273
down €22,273 (-60.2%), from €36,984 to €14,711
- Debts after one year -€16,200
down €16,200 (-35.1%), from €46,099 to €29,899
- Profit (loss) carried forward +€15,787
up €15,787 (+17.7%), from €89,170 to €104,956
- Trade debts -€4,318
down €4,318 (-87.4%), from €4,938 to €620
- Gross operating margin -€66,434
down €66,434 (-62.8%), from €105,830 to €39,397
- Taxes -€14,335
down €14,335 (-74.7%), from €19,180 to €4,846
- Depreciation +€5,350
up €5,350 (+57.1%), from €9,378 to €14,728
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 | €195,300 | €168,886 | -€26,414 | -13.5% |
| Fixed assets | 21/28 | €68,612 | €67,813 | -€799 | -1.2% |
| Tangible fixed assets | 22/27 | €68,612 | €67,813 | -€799 | -1.2% |
| Furniture and vehicles | 24 | €47,778 | €36,454 | -€11,324 | -23.7% |
| Other tangible fixed assets | 26 | €20,834 | €31,360 | +€10,525 | +50.5% |
| Current assets | 29/58 | €126,688 | €101,073 | -€25,615 | -20.2% |
| Amounts receivable within one year | 40/41 | €2,141 | €26,865 | +€24,724 | +1,155% |
| Trade receivables | 40 | €2,118 | €26,834 | +€24,716 | +1,167% |
| Other amounts receivable | 41 | €23 | €31 | +€8 | +32.4% |
| Cash at bank and in hand | 54/58 | €117,684 | €73,953 | -€43,730 | -37.2% |
| Deferred charges and accrued income | 490/1 | €6,863 | €255 | -€6,608 | -96.3% |
| Total equity and liabilities | 10/49 | €195,300 | €168,886 | -€26,414 | -13.5% |
| Equity | 10/15 | €91,670 | €107,456 | +€15,787 | +17.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,170 | €104,956 | +€15,787 | +17.7% |
| Amounts payable | 17/49 | €103,630 | €61,430 | -€42,200 | -40.7% |
| Amounts payable after more than one year | 17 | €46,099 | €29,899 | -€16,200 | -35.1% |
| Financial debts | 170/4 | €46,099 | €29,899 | -€16,200 | -35.1% |
| Amounts payable within one year | 42/48 | €57,532 | €31,531 | -€26,001 | -45.2% |
| Current portion of amounts payable after more than one year | 42 | €15,609 | €16,200 | +€591 | +3.8% |
| Trade debts | 44 | €4,938 | €620 | -€4,318 | -87.4% |
| Suppliers | 440/4 | €4,938 | €620 | -€4,318 | -87.4% |
| Taxes, remuneration and social security | 45 | €36,984 | €14,711 | -€22,273 | -60.2% |
| Taxes | 450/3 | €36,984 | €14,711 | -€22,273 | -60.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,378 | €14,728 | +€5,350 | +57.1% |
| Other operating charges | 640/8 | €1,582 | €1,807 | +€225 | +14.2% |
| Gross operating margin | 9900 | €105,830 | €39,397 | -€66,434 | -62.8% |
| Operating profit (loss) | 9901 | €94,871 | €22,862 | -€72,009 | -75.9% |
| Financial income | 75/76B | €0 | €1 | +€1 | +4,100% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +4,100% |
| Financial charges | 65/66B | €1,770 | €2,231 | +€460 | +26.0% |
| Recurring financial charges | 65 | €1,770 | €2,231 | +€460 | +26.0% |
| Profit (loss) for the period before taxes | 9903 | €93,100 | €20,632 | -€72,468 | -77.8% |
| Income taxes | 67/77 | €19,180 | €4,846 | -€14,335 | -74.7% |
| Profit (loss) for the period | 9904 | €73,920 | €15,787 | -€58,134 | -78.6% |
| Profit (loss) for the period to be appropriated | 9905 | €73,920 | €15,787 | -€58,134 | -78.6% |
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 18 October 2026 via checked.be.