INSPIRE IT: 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.
INSPIRE IT
Largest movements
- Current investments +€225,000
up €225,000 (+60.0%), from €375,000 to €600,000
- Receivables after one year +€139,595
new in 2025: €139,595
- Cash -€16,710
down €16,710 (-16.7%), from €100,160 to €83,450
mainly Current investments (-€225,000) and Contributions, distributions and other (-€147,325)
- Tangible fixed assets -€11,637
no longer reported in 2025 (was €11,637)
- Receivables within one year +€9,235
up €9,235 (+27.6%), from €33,410 to €42,644
of which Other amounts receivable: +€10,392
- Reserves +€144,964
up €144,964 (+58.8%), from €246,496 to €391,460
of which Tax-exempt reserves: +€253,296
- Other debts +€104,932
up €104,932 (+243%), from €43,239 to €148,170
- Provisions +€84,432
new in 2025: €84,432
- Gross operating margin +€338,231
up €338,231 (+598%), from €56,515 to €394,746
- Financial income -€8,142
down €8,142 (-48.7%), from €16,736 to €8,594
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 | €536,901 | €873,533 | +€336,632 | +62.7% |
| Fixed assets | 21/28 | €11,637 | - | -€11,637 | |
| Tangible fixed assets | 22/27 | €11,637 | - | -€11,637 | |
| Land and buildings | 22 | €11,637 | - | -€11,637 | |
| Current assets | 29/58 | €525,265 | €873,533 | +€348,269 | +66.3% |
| Amounts receivable after more than one year | 29 | - | €139,595 | +€139,595 | |
| Other amounts receivable | 291 | - | €139,595 | +€139,595 | |
| Amounts receivable within one year | 40/41 | €33,410 | €42,644 | +€9,235 | +27.6% |
| Trade receivables | 40 | €28,615 | €27,458 | -€1,157 | -4.0% |
| Other amounts receivable | 41 | €4,795 | €15,187 | +€10,392 | +217% |
| Current investments | 50/53 | €375,000 | €600,000 | +€225,000 | +60.0% |
| Cash at bank and in hand | 54/58 | €100,160 | €83,450 | -€16,710 | -16.7% |
| Deferred charges and accrued income | 490/1 | €16,695 | €7,844 | -€8,852 | -53.0% |
| Total equity and liabilities | 10/49 | €536,901 | €873,533 | +€336,632 | +62.7% |
| Equity | 10/15 | €483,934 | €628,899 | +€144,964 | +30.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €246,496 | €391,460 | +€144,964 | +58.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €253,296 | +€253,296 | |
| Distributable reserves | 133 | €244,636 | €136,304 | -€108,331 | -44.3% |
| Profit (loss) carried forward | 14 | €218,838 | €218,838 | = | 0.0% |
| Provisions and deferred taxes | 16 | - | €84,432 | +€84,432 | |
| Deferred taxes | 168 | - | €84,432 | +€84,432 | |
| Amounts payable | 17/49 | €52,967 | €160,203 | +€107,236 | +202% |
| Amounts payable within one year | 42/48 | €47,959 | €157,850 | +€109,891 | +229% |
| Trade debts | 44 | €958 | €38 | -€920 | -96.1% |
| Suppliers | 440/4 | €958 | €38 | -€920 | -96.1% |
| Taxes, remuneration and social security | 45 | €3,762 | €9,642 | +€5,880 | +156% |
| Taxes | 450/3 | €3,762 | €9,642 | +€5,880 | +156% |
| Other amounts payable | 47/48 | €43,239 | €148,170 | +€104,932 | +243% |
| Accrued charges and deferred income | 492/3 | €5,009 | €2,353 | -€2,655 | -53.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,864 | €9,864 | = | 0.0% |
| Other operating charges | 640/8 | €2,040 | €1,815 | -€225 | -11.0% |
| Gross operating margin | 9900 | €56,515 | €394,746 | +€338,231 | +598% |
| Operating profit (loss) | 9901 | €44,611 | €383,067 | +€338,456 | +759% |
| Financial income | 75/76B | €16,736 | €8,594 | -€8,142 | -48.7% |
| Recurring financial income | 75 | €16,736 | €8,594 | -€8,142 | -48.7% |
| Financial charges | 65/66B | €47 | €45 | -€2 | -4.6% |
| Recurring financial charges | 65 | €47 | €45 | -€2 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €61,300 | €391,616 | +€330,316 | +539% |
| Transfer to deferred taxes | 680 | - | €84,432 | +€84,432 | |
| Income taxes | 67/77 | €17,314 | €14,894 | -€2,419 | -14.0% |
| Profit (loss) for the period | 9904 | €43,987 | €292,290 | +€248,303 | +564% |
| Transfer to tax-exempt reserves | 689 | - | €253,296 | +€253,296 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,987 | €38,994 | -€4,993 | -11.4% |
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 22 October 2026 via checked.be.