Inspirator2: what changed
Inspirator2
Largest movements
- Current investments +€112,250
up €112,250 (+24.5%), from €458,183 to €570,433
- Cash -€71,930
down €71,930 (-49.8%), from €144,444 to €72,514
mainly Current investments (-€112,250) and Other debts (-€95,234)
- Tangible fixed assets -€21,788
down €21,788 (-23.7%), from €91,867 to €70,079
of which Furniture and vehicles: -€11,763
- Reserves +€125,006
up €125,006 (+22.2%), from €563,104 to €688,110
- Other debts -€95,234
down €95,234 (-100%), from €95,234 to €0
- Tax, wage and social debts -€9,911
down €9,911 (-28.3%), from €35,052 to €25,140
- Taxes -€18,152
down €18,152 (-30.1%), from €60,207 to €42,056
- Gross operating margin +€4,692
up €4,692 (+2.7%), from €174,221 to €178,914
- Financial income +€2,661
up €2,661 (+32.0%), from €8,323 to €10,984
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €714,815 | €735,929 | +€21,114 | +3.0% |
| Fixed assets | 21/28 | €92,217 | €70,429 | -€21,788 | -23.6% |
| Tangible fixed assets | 22/27 | €91,867 | €70,079 | -€21,788 | -23.7% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €27,043 | €15,280 | -€11,763 | -43.5% |
| Other tangible fixed assets | 26 | €64,824 | €54,799 | -€10,025 | -15.5% |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €622,598 | €665,500 | +€42,902 | +6.9% |
| Amounts receivable within one year | 40/41 | €19,058 | €21,616 | +€2,559 | +13.4% |
| Trade receivables | 40 | €19,058 | €20,963 | +€1,906 | +10.0% |
| Other amounts receivable | 41 | - | €653 | +€653 | |
| Current investments | 50/53 | €458,183 | €570,433 | +€112,250 | +24.5% |
| Cash at bank and in hand | 54/58 | €144,444 | €72,514 | -€71,930 | -49.8% |
| Deferred charges and accrued income | 490/1 | €914 | €936 | +€22 | +2.4% |
| Total equity and liabilities | 10/49 | €714,815 | €735,929 | +€21,114 | +3.0% |
| Equity | 10/15 | €583,564 | €708,570 | +€125,006 | +21.4% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €563,104 | €688,110 | +€125,006 | +22.2% |
| Distributable reserves | 133 | €563,104 | €688,110 | +€125,006 | +22.2% |
| Amounts payable | 17/49 | €131,251 | €27,359 | -€103,892 | -79.2% |
| Amounts payable within one year | 42/48 | €131,251 | €27,359 | -€103,892 | -79.2% |
| Trade debts | 44 | €965 | €2,218 | +€1,253 | +130% |
| Suppliers | 440/4 | €965 | €2,218 | +€1,253 | +130% |
| Taxes, remuneration and social security | 45 | €35,052 | €25,140 | -€9,911 | -28.3% |
| Taxes | 450/3 | €35,052 | €25,140 | -€9,911 | -28.3% |
| Other amounts payable | 47/48 | €95,234 | €0 | -€95,234 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,057 | €21,788 | -€1,269 | -5.5% |
| Other operating charges | 640/8 | €549 | €525 | -€24 | -4.4% |
| Gross operating margin | 9900 | €174,221 | €178,914 | +€4,692 | +2.7% |
| Operating profit (loss) | 9901 | €150,615 | €156,601 | +€5,986 | +4.0% |
| Financial income | 75/76B | €8,323 | €10,984 | +€2,661 | +32.0% |
| Recurring financial income | 75 | €8,323 | €10,984 | +€2,661 | +32.0% |
| Financial charges | 65/66B | €0 | €523 | +€523 | |
| Recurring financial charges | 65 | €0 | €523 | +€523 | |
| Profit (loss) for the period before taxes | 9903 | €158,938 | €167,062 | +€8,124 | +5.1% |
| Income taxes | 67/77 | €60,207 | €42,056 | -€18,152 | -30.1% |
| Profit (loss) for the period | 9904 | €98,730 | €125,006 | +€26,276 | +26.6% |
| Profit (loss) for the period to be appropriated | 9905 | €98,730 | €125,006 | +€26,276 | +26.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.