INSPIRATIONTIME: 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.
INSPIRATIONTIME
Largest movements
- Cash +€42,598
up €42,598 (+71.5%), from €59,536 to €102,134
mainly Net result for the year (+€76,261) and Depreciation (+€25,684)
- Tangible fixed assets -€25,684
down €25,684 (-33.3%), from €77,139 to €51,455
of which Furniture and vehicles: -€14,253
- Receivables within one year -€13,520
down €13,520 (-36.0%), from €37,554 to €24,034
of which Other amounts receivable: -€13,977
- Stocks and contracts -€5,044
down €5,044 (-30.4%), from €16,609 to €11,565
- Reserves +€24,474
up €24,474 (+47.3%), from €51,787 to €76,261
- Debts after one year -€23,358
down €23,358 (-22.5%), from €103,623 to €80,265
- Tax, wage and social debts -€6,733
down €6,733 (-30.8%), from €21,879 to €15,146
- Trade debts +€2,071
up €2,071 (+260%), from €796 to €2,867
- Gross operating margin +€32,615
up €32,615 (+31.0%), from €105,129 to €137,745
- Taxes +€7,823
up €7,823 (+48.9%), from €15,994 to €23,817
- Financial charges +€1,967
up €1,967 (+22.4%), from €8,778 to €10,744
- Depreciation -€1,547
down €1,547 (-5.7%), from €27,232 to €25,684
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 | €197,598 | €194,003 | -€3,594 | -1.8% |
| Fixed assets | 21/28 | €79,989 | €53,555 | -€26,434 | -33.0% |
| Tangible fixed assets | 22/27 | €77,139 | €51,455 | -€25,684 | -33.3% |
| Plant, machinery and equipment | 23 | €3,034 | €1,679 | -€1,356 | -44.7% |
| Furniture and vehicles | 24 | €50,451 | €36,199 | -€14,253 | -28.3% |
| Other tangible fixed assets | 26 | €23,654 | €13,578 | -€10,076 | -42.6% |
| Financial fixed assets | 28 | €2,850 | €2,100 | -€750 | -26.3% |
| Current assets | 29/58 | €117,608 | €140,448 | +€22,840 | +19.4% |
| Stocks and contracts in progress | 3 | €16,609 | €11,565 | -€5,044 | -30.4% |
| Stocks | 30/36 | €16,609 | €11,565 | -€5,044 | -30.4% |
| Amounts receivable within one year | 40/41 | €37,554 | €24,034 | -€13,520 | -36.0% |
| Trade receivables | 40 | €23,549 | €24,006 | +€457 | +1.9% |
| Other amounts receivable | 41 | €14,006 | €29 | -€13,977 | -99.8% |
| Cash at bank and in hand | 54/58 | €59,536 | €102,134 | +€42,598 | +71.5% |
| Deferred charges and accrued income | 490/1 | €3,908 | €2,715 | -€1,193 | -30.5% |
| Total equity and liabilities | 10/49 | €197,598 | €194,003 | -€3,594 | -1.8% |
| Equity | 10/15 | €70,387 | €94,861 | +€24,474 | +34.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €51,787 | €76,261 | +€24,474 | +47.3% |
| Distributable reserves | 133 | €51,787 | €76,261 | +€24,474 | +47.3% |
| Amounts payable | 17/49 | €127,211 | €99,142 | -€28,069 | -22.1% |
| Amounts payable after more than one year | 17 | €103,623 | €80,265 | -€23,358 | -22.5% |
| Other amounts payable | 178/9 | €103,623 | €80,265 | -€23,358 | -22.5% |
| Amounts payable within one year | 42/48 | €22,965 | €18,303 | -€4,662 | -20.3% |
| Trade debts | 44 | €796 | €2,867 | +€2,071 | +260% |
| Suppliers | 440/4 | €796 | €2,867 | +€2,071 | +260% |
| Advances received on contracts in progress | 46 | €290 | €290 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €21,879 | €15,146 | -€6,733 | -30.8% |
| Taxes | 450/3 | €21,879 | €15,146 | -€6,733 | -30.8% |
| Accrued charges and deferred income | 492/3 | €623 | €574 | -€49 | -7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,232 | €25,684 | -€1,547 | -5.7% |
| Other operating charges | 640/8 | €1,816 | €1,240 | -€575 | -31.7% |
| Gross operating margin | 9900 | €105,129 | €137,745 | +€32,615 | +31.0% |
| Operating profit (loss) | 9901 | €76,082 | €110,820 | +€34,738 | +45.7% |
| Financial income | 75/76B | €476 | €3 | -€474 | -99.5% |
| Recurring financial income | 75 | €476 | €3 | -€474 | -99.5% |
| Financial charges | 65/66B | €8,778 | €10,744 | +€1,967 | +22.4% |
| Recurring financial charges | 65 | €8,778 | €10,744 | +€1,967 | +22.4% |
| Profit (loss) for the period before taxes | 9903 | €67,781 | €100,078 | +€32,297 | +47.6% |
| Income taxes | 67/77 | €15,994 | €23,817 | +€7,823 | +48.9% |
| Profit (loss) for the period | 9904 | €51,787 | €76,261 | +€24,474 | +47.3% |
| Profit (loss) for the period to be appropriated | 9905 | €51,787 | €76,261 | +€24,474 | +47.3% |
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 24 October 2026 via checked.be.