INSPECTRON: 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.
INSPECTRON
Largest movements
- Cash -€33,165
down €33,165 (-59.6%), from €55,674 to €22,509
mainly Trade debts (-€75,198) and Deferred charges and accrued income (-€3,825)
- Receivables within one year -€16,451
down €16,451 (-11.9%), from €138,351 to €121,900
of which Trade receivables: -€8,842
- Deferred charges and accrued income +€3,825
up €3,825 (+83.5%), from €4,581 to €8,405
- Tangible fixed assets -€3,345
down €3,345 (-49.1%), from €6,816 to €3,471
- Trade debts -€75,198
down €75,198 (-53.2%), from €141,244 to €66,047
- Profit (loss) carried forward +€26,344
up €26,344 (+68.4%), from €38,525 to €64,869
- Gross operating margin +€9,614
up €9,614 (+10.0%), from €96,595 to €106,210
- Staff costs +€2,984
up €2,984 (+5.4%), from €55,272 to €58,257
- Taxes +€1,690
up €1,690 (+16.4%), from €10,335 to €12,025
- Write-downs +€1,329
new in 2025: €1,329
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 | €213,446 | €162,981 | -€50,465 | -23.6% |
| Fixed assets | 21/28 | €8,196 | €4,851 | -€3,345 | -40.8% |
| Tangible fixed assets | 22/27 | €6,816 | €3,471 | -€3,345 | -49.1% |
| Plant, machinery and equipment | 23 | €2,261 | €695 | -€1,565 | -69.2% |
| Furniture and vehicles | 24 | €266 | - | -€266 | |
| Other tangible fixed assets | 26 | €4,290 | €2,776 | -€1,514 | -35.3% |
| Financial fixed assets | 28 | €1,380 | €1,380 | = | 0.0% |
| Current assets | 29/58 | €205,250 | €158,130 | -€47,120 | -23.0% |
| Stocks and contracts in progress | 3 | €6,645 | €5,316 | -€1,329 | -20.0% |
| Stocks | 30/36 | €6,645 | €5,316 | -€1,329 | -20.0% |
| Amounts receivable within one year | 40/41 | €138,351 | €121,900 | -€16,451 | -11.9% |
| Trade receivables | 40 | €115,362 | €106,520 | -€8,842 | -7.7% |
| Other amounts receivable | 41 | €22,989 | €15,380 | -€7,609 | -33.1% |
| Cash at bank and in hand | 54/58 | €55,674 | €22,509 | -€33,165 | -59.6% |
| Deferred charges and accrued income | 490/1 | €4,581 | €8,405 | +€3,825 | +83.5% |
| Total equity and liabilities | 10/49 | €213,446 | €162,981 | -€50,465 | -23.6% |
| Equity | 10/15 | €57,225 | €83,569 | +€26,344 | +46.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Distributable reserves | 133 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,525 | €64,869 | +€26,344 | +68.4% |
| Amounts payable | 17/49 | €156,221 | €79,413 | -€76,809 | -49.2% |
| Amounts payable within one year | 42/48 | €156,221 | €79,413 | -€76,809 | -49.2% |
| Trade debts | 44 | €141,244 | €66,047 | -€75,198 | -53.2% |
| Suppliers | 440/4 | €141,244 | €66,047 | -€75,198 | -53.2% |
| Taxes, remuneration and social security | 45 | €14,185 | €12,560 | -€1,624 | -11.5% |
| Taxes | 450/3 | €1,335 | €5,025 | +€3,690 | +276% |
| Remuneration and social security | 454/9 | €12,850 | €7,535 | -€5,314 | -41.4% |
| Other amounts payable | 47/48 | €792 | €805 | +€13 | +1.7% |
| Non-recurring operating income | 76A | - | €7,476 | +€7,476 | |
| Remuneration, social security and pensions | 62 | €55,272 | €58,257 | +€2,984 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,732 | €3,345 | -€387 | -10.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,329 | +€1,329 | |
| Other operating charges | 640/8 | €2,448 | €2,548 | +€100 | +4.1% |
| Gross operating margin | 9900 | €96,595 | €106,210 | +€9,614 | +10.0% |
| Operating profit (loss) | 9901 | €35,143 | €40,731 | +€5,588 | +15.9% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €1,857 | €2,362 | +€505 | +27.2% |
| Recurring financial charges | 65 | €1,857 | €2,362 | +€505 | +27.2% |
| Profit (loss) for the period before taxes | 9903 | €33,288 | €38,369 | +€5,081 | +15.3% |
| Income taxes | 67/77 | €10,335 | €12,025 | +€1,690 | +16.4% |
| Profit (loss) for the period | 9904 | €22,953 | €26,344 | +€3,391 | +14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,953 | €26,344 | +€3,391 | +14.8% |
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 25 October 2026 via checked.be.