INSITIC: 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.
INSITIC
Largest movements
- Cash +€22,140
up €22,140 (+51.6%), from €42,907 to €65,047
mainly Net result for the year (+€30,002) and Other debts (+€19,792)
- Tangible fixed assets -€6,368
down €6,368 (-28.3%), from €22,507 to €16,138
- Receivables within one year +€4,369
up €4,369 (+56.9%), from €7,684 to €12,053
of which Trade receivables: +€3,842
- Receivables after one year +€3,729
up €3,729 (+9.0%), from €41,495 to €45,224
- Other debts +€19,792
new in 2024: €19,792
- Profit (loss) carried forward +€10,210
up €10,210 (+106.5%), from €9,583 to €19,792
- Debts after one year -€5,014
no longer reported in 2024 (was €5,014)
- Current portion of long-term debt -€3,407
down €3,407 (-37.3%), from €9,144 to €5,737
- Tax, wage and social debts +€2,388
up €2,388 (+49.0%), from €4,871 to €7,259
- Gross operating margin +€28,001
up €28,001 (+160.1%), from €17,485 to €45,486
- Taxes +€7,917
up €7,917 (+195.2%), from €4,055 to €11,972
- Financial income +€2,245
up €2,245 (+186.5%), from €1,203 to €3,448
of which Financial income: +€2,244
- Financial charges -€879
down €879 (-64.1%), from €1,370 to €491
of which Financial charges: -€909
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €115,272 | €139,231 | +€23,958 | +20.8% |
| Fixed assets | 21/28 | €22,605 | €16,236 | -€6,368 | -28.2% |
| Tangible fixed assets | 22/27 | €22,507 | €16,138 | -€6,368 | -28.3% |
| Furniture and vehicles | 24 | €22,507 | €16,138 | -€6,368 | -28.3% |
| Financial fixed assets | 28 | €98 | €98 | = | 0.0% |
| Current assets | 29/58 | €92,668 | €122,994 | +€30,326 | +32.7% |
| Amounts receivable after more than one year | 29 | €41,495 | €45,224 | +€3,729 | +9.0% |
| Other amounts receivable | 291 | €41,495 | €45,224 | +€3,729 | +9.0% |
| Amounts receivable within one year | 40/41 | €7,684 | €12,053 | +€4,369 | +56.9% |
| Trade receivables | 40 | €7,684 | €11,525 | +€3,842 | +50.0% |
| Other amounts receivable | 41 | - | €528 | +€528 | |
| Cash at bank and in hand | 54/58 | €42,907 | €65,047 | +€22,140 | +51.6% |
| Deferred charges and accrued income | 490/1 | €582 | €670 | +€88 | +15.0% |
| Total equity and liabilities | 10/49 | €115,272 | €139,231 | +€23,958 | +20.8% |
| Equity | 10/15 | €96,183 | €106,392 | +€10,210 | +10.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €68,000 | €68,000 | = | 0.0% |
| Distributable reserves | 133 | €68,000 | €68,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,583 | €19,792 | +€10,210 | +106.5% |
| Amounts payable | 17/49 | €19,090 | €32,838 | +€13,748 | +72.0% |
| Amounts payable after more than one year | 17 | €5,014 | - | -€5,014 | |
| Financial debts | 170/4 | €5,014 | - | -€5,014 | |
| Amounts payable within one year | 42/48 | €14,075 | €32,838 | +€18,763 | +133.3% |
| Current portion of amounts payable after more than one year | 42 | €9,144 | €5,737 | -€3,407 | -37.3% |
| Trade debts | 44 | €60 | €50 | -€11 | -17.4% |
| Suppliers | 440/4 | €60 | €50 | -€11 | -17.4% |
| Taxes, remuneration and social security | 45 | €4,871 | €7,259 | +€2,388 | +49.0% |
| Taxes | 450/3 | €4,871 | €7,259 | +€2,388 | +49.0% |
| Other amounts payable | 47/48 | - | €19,792 | +€19,792 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,368 | €6,368 | = | 0.0% |
| Other operating charges | 640/8 | €126 | €99 | -€27 | -21.2% |
| Gross operating margin | 9900 | €17,485 | €45,486 | +€28,001 | +160.1% |
| Operating profit (loss) | 9901 | €10,990 | €39,018 | +€28,028 | +255.0% |
| Financial income | 75/76B | €1,203 | €3,448 | +€2,245 | +186.5% |
| Recurring financial income | 75 | €1,203 | €3,448 | +€2,244 | +186.5% |
| Non-recurring financial income | 76B | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,370 | €491 | -€879 | -64.1% |
| Recurring financial charges | 65 | €1,370 | €461 | -€909 | -66.3% |
| Non-recurring financial charges | 66B | - | €30 | +€30 | |
| Profit (loss) for the period before taxes | 9903 | €10,824 | €41,975 | +€31,151 | +287.8% |
| Income taxes | 67/77 | €4,055 | €11,972 | +€7,917 | +195.2% |
| Profit (loss) for the period | 9904 | €6,768 | €30,002 | +€23,234 | +343.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,768 | €30,002 | +€23,234 | +343.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.