INSPIRA: 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.
INSPIRA
Largest movements
- Receivables within one year -€33,327
down €33,327 (-50.4%), from €66,145 to €32,818
of which Other amounts receivable: -€20,803
- Cash +€19,000
up €19,000 (+71.8%), from €26,448 to €45,448
mainly Receivables within one year (+€33,327) and Other debts (+€29,658)
- Tangible fixed assets +€5,560
up €5,560 (+3.4%), from €162,168 to €167,728
of which Furniture and vehicles: +€5,560
- Other debts +€29,658
new in 2025: €29,658
- Tax, wage and social debts -€19,692
down €19,692 (-42.7%), from €46,092 to €26,401
of which Remuneration and social security: -€18,309
- Trade debts -€14,196
down €14,196 (-59.3%), from €23,951 to €9,755
- Debts after one year -€13,798
down €13,798 (-17.9%), from €76,933 to €63,135
- Reserves +€10,481
up €10,481 (+12.5%), from €84,041 to €94,522
of which Distributable reserves: +€10,481
- Gross operating margin +€19,915
up €19,915 (+25.3%), from €78,861 to €98,775
- Staff costs +€6,620
up €6,620 (+11.9%), from €55,669 to €62,289
- Taxes +€2,304
up €2,304 (+51.9%), from €4,441 to €6,745
- Depreciation -€2,117
no longer reported in 2025 (was €2,117)
- Other operating charges -€2,102
down €2,102 (-33.9%), from €6,199 to €4,097
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 | €255,009 | €246,241 | -€8,767 | -3.4% |
| Fixed assets | 21/28 | €162,416 | €167,976 | +€5,560 | +3.4% |
| Tangible fixed assets | 22/27 | €162,168 | €167,728 | +€5,560 | +3.4% |
| Land and buildings | 22 | €154,172 | €154,172 | = | 0.0% |
| Plant, machinery and equipment | 23 | €2,316 | €2,316 | = | 0.0% |
| Furniture and vehicles | 24 | €5,679 | €11,239 | +€5,560 | +97.9% |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €92,593 | €78,266 | -€14,327 | -15.5% |
| Amounts receivable within one year | 40/41 | €66,145 | €32,818 | -€33,327 | -50.4% |
| Trade receivables | 40 | €45,342 | €32,818 | -€12,524 | -27.6% |
| Other amounts receivable | 41 | €20,803 | - | -€20,803 | |
| Cash at bank and in hand | 54/58 | €26,448 | €45,448 | +€19,000 | +71.8% |
| Total equity and liabilities | 10/49 | €255,009 | €246,241 | -€8,767 | -3.4% |
| Equity | 10/15 | €90,249 | €100,730 | +€10,481 | +11.6% |
| Contributions | 10/11 | €6,208 | €6,208 | = | 0.0% |
| Reserves | 13 | €84,041 | €94,522 | +€10,481 | +12.5% |
| Non-distributable reserves | 130/1 | €2,259 | €2,259 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,259 | €2,259 | = | 0.0% |
| Tax-exempt reserves | 132 | €17,500 | €17,500 | = | 0.0% |
| Distributable reserves | 133 | €64,282 | €74,764 | +€10,481 | +16.3% |
| Amounts payable | 17/49 | €164,760 | €145,511 | -€19,249 | -11.7% |
| Amounts payable after more than one year | 17 | €76,933 | €63,135 | -€13,798 | -17.9% |
| Financial debts | 170/4 | €76,933 | €63,135 | -€13,798 | -17.9% |
| Amounts payable within one year | 42/48 | €87,827 | €82,376 | -€5,450 | -6.2% |
| Current portion of amounts payable after more than one year | 42 | €13,527 | €13,798 | +€271 | +2.0% |
| Financial debts | 43 | €4,256 | €2,764 | -€1,492 | -35.1% |
| Credit institutions | 430/8 | €4,256 | €2,764 | -€1,492 | -35.1% |
| Trade debts | 44 | €23,951 | €9,755 | -€14,196 | -59.3% |
| Suppliers | 440/4 | €23,951 | €9,755 | -€14,196 | -59.3% |
| Taxes, remuneration and social security | 45 | €46,092 | €26,401 | -€19,692 | -42.7% |
| Taxes | 450/3 | €18,734 | €17,351 | -€1,383 | -7.4% |
| Remuneration and social security | 454/9 | €27,358 | €9,049 | -€18,309 | -66.9% |
| Other amounts payable | 47/48 | - | €29,658 | +€29,658 | |
| Remuneration, social security and pensions | 62 | €55,669 | €62,289 | +€6,620 | +11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,117 | - | -€2,117 | |
| Other operating charges | 640/8 | €6,199 | €4,097 | -€2,102 | -33.9% |
| Gross operating margin | 9900 | €78,861 | €98,775 | +€19,915 | +25.3% |
| Operating profit (loss) | 9901 | €14,875 | €32,390 | +€17,515 | +118% |
| Financial income | 75/76B | €1,316 | €1,682 | +€366 | +27.8% |
| Recurring financial income | 75 | €1,316 | €1,682 | +€366 | +27.8% |
| Financial charges | 65/66B | €3,402 | €5,081 | +€1,679 | +49.3% |
| Recurring financial charges | 65 | €3,402 | €5,081 | +€1,679 | +49.3% |
| Profit (loss) for the period before taxes | 9903 | €12,789 | €28,991 | +€16,202 | +127% |
| Income taxes | 67/77 | €4,441 | €6,745 | +€2,304 | +51.9% |
| Profit (loss) for the period | 9904 | €8,348 | €22,246 | +€13,898 | +166% |
| Profit (loss) for the period to be appropriated | 9905 | €8,348 | €22,246 | +€13,898 | +166% |
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 20 October 2026 via checked.be.