INSOLA: 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.
INSOLA
Largest movements
- Tangible fixed assets -€72,733
down €72,733 (-3.0%), from €2.5m to €2.4m
- Cash -€42,239
down €42,239 (-49.8%), from €84,803 to €42,565
mainly Other debts (-€137,531) and Receivables within one year (-€9,364)
- Other debts -€137,531
down €137,531 (-8.8%), from €1.6m to €1.4m
- Profit (loss) carried forward +€37,269
up €37,269 (+11.4%), from €328,350 to €365,619
- Depreciation -€109,595
down €109,595 (-57.2%), from €191,617 to €82,022
- Gross operating margin -€5,216
down €5,216 (-3.6%), from €145,439 to €140,222
- Other operating charges +€3,856
up €3,856 (+22.8%), from €16,886 to €20,742
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 | €2,549,374 | €2,445,277 | -€104,097 | -4.1% |
| Fixed assets | 21/28 | €2,455,611 | €2,382,878 | -€72,733 | -3.0% |
| Tangible fixed assets | 22/27 | €2,455,611 | €2,382,878 | -€72,733 | -3.0% |
| Land and buildings | 22 | €2,455,611 | €2,382,878 | -€72,733 | -3.0% |
| Current assets | 29/58 | €93,763 | €62,399 | -€31,363 | -33.4% |
| Amounts receivable within one year | 40/41 | €642 | €10,007 | +€9,364 | +1457.8% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €642 | €10,007 | +€9,364 | +1457.8% |
| Cash at bank and in hand | 54/58 | €84,803 | €42,565 | -€42,239 | -49.8% |
| Deferred charges and accrued income | 490/1 | €8,317 | €9,828 | +€1,511 | +18.2% |
| Total equity and liabilities | 10/49 | €2,549,374 | €2,445,277 | -€104,097 | -4.1% |
| Equity | 10/15 | €973,850 | €1,011,119 | +€37,269 | +3.8% |
| Contributions | 10/11 | €630,000 | €630,000 | = | 0.0% |
| Capital | 10 | €630,000 | €630,000 | = | 0.0% |
| Issued capital | 100 | €630,000 | €630,000 | = | 0.0% |
| Reserves | 13 | €15,500 | €15,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,500 | €15,500 | = | 0.0% |
| Legal reserve | 130 | €15,500 | €15,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €328,350 | €365,619 | +€37,269 | +11.4% |
| Amounts payable | 17/49 | €1,575,524 | €1,434,158 | -€141,366 | -9.0% |
| Amounts payable within one year | 42/48 | €1,571,107 | €1,431,002 | -€140,104 | -8.9% |
| Trade debts | 44 | €3,360 | €787 | -€2,573 | -76.6% |
| Suppliers | 440/4 | €3,360 | €787 | -€2,573 | -76.6% |
| Other amounts payable | 47/48 | €1,567,747 | €1,430,216 | -€137,531 | -8.8% |
| Accrued charges and deferred income | 492/3 | €4,417 | €3,156 | -€1,261 | -28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €191,617 | €82,022 | -€109,595 | -57.2% |
| Other operating charges | 640/8 | €16,886 | €20,742 | +€3,856 | +22.8% |
| Gross operating margin | 9900 | €145,439 | €140,222 | -€5,216 | -3.6% |
| Operating profit (loss) | 9901 | -€63,064 | €37,458 | +€100,522 | |
| Financial income | 75/76B | €10 | €18 | +€7 | +70.0% |
| Recurring financial income | 75 | €10 | €18 | +€7 | +70.0% |
| Financial charges | 65/66B | €98 | €207 | +€108 | +110.1% |
| Recurring financial charges | 65 | €98 | €207 | +€108 | +110.1% |
| Profit (loss) for the period before taxes | 9903 | -€63,152 | €37,269 | +€100,421 | |
| Income taxes | 67/77 | -€190 | €0 | +€190 | |
| Profit (loss) for the period | 9904 | -€62,962 | €37,269 | +€100,231 | |
| Profit (loss) for the period to be appropriated | 9905 | -€62,962 | €37,269 | +€100,231 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.