INSPIRED MANAGEMENT: 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.
INSPIRED MANAGEMENT
Largest movements
- Receivables within one year -€13,974
down €13,974 (-49.6%), from €28,164 to €14,190
of which Trade receivables: -€26,966
- Current investments -€4,993
down €4,993 (-99.8%), from €5,000 to €8
- Cash -€2,930
down €2,930 (-19.2%), from €15,277 to €12,346
mainly Net result for the year (-€13,350) and Trade debts (-€7,004)
- Reserves -€13,350
down €13,350 (-47.4%), from €28,193 to €14,843
- Trade debts -€7,004
down €7,004 (-76.3%), from €9,174 to €2,170
- Other debts -€1,331
no longer reported in 2025 (was €1,331)
- Write-downs +€98,400
new in 2025: €98,400
- Gross operating margin +€49,441
up €49,441 (+128%), from €38,669 to €88,110
- Taxes -€7,748
down €7,748 (-97.5%), from €7,950 to €202
- Financial charges +€1,478
up €1,478 (+92.3%), from €1,600 to €3,078
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 | €49,648 | €28,165 | -€21,483 | -43.3% |
| Current assets | 29/58 | €49,648 | €28,165 | -€21,483 | -43.3% |
| Amounts receivable within one year | 40/41 | €28,164 | €14,190 | -€13,974 | -49.6% |
| Trade receivables | 40 | €26,966 | - | -€26,966 | |
| Other amounts receivable | 41 | €1,197 | €14,190 | +€12,992 | +1,085% |
| Current investments | 50/53 | €5,000 | €8 | -€4,993 | -99.8% |
| Cash at bank and in hand | 54/58 | €15,277 | €12,346 | -€2,930 | -19.2% |
| Deferred charges and accrued income | 490/1 | €1,207 | €1,621 | +€414 | +34.3% |
| Total equity and liabilities | 10/49 | €49,648 | €28,165 | -€21,483 | -43.3% |
| Equity | 10/15 | €31,193 | €17,843 | -€13,350 | -42.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €28,193 | €14,843 | -€13,350 | -47.4% |
| Distributable reserves | 133 | €28,193 | €14,843 | -€13,350 | -47.4% |
| Amounts payable | 17/49 | €18,455 | €10,322 | -€8,133 | -44.1% |
| Amounts payable within one year | 42/48 | €18,455 | €10,322 | -€8,133 | -44.1% |
| Trade debts | 44 | €9,174 | €2,170 | -€7,004 | -76.3% |
| Suppliers | 440/4 | €9,174 | €2,170 | -€7,004 | -76.3% |
| Taxes, remuneration and social security | 45 | €7,950 | €8,152 | +€202 | +2.5% |
| Taxes | 450/3 | €7,950 | €8,152 | +€202 | +2.5% |
| Other amounts payable | 47/48 | €1,331 | - | -€1,331 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €98,400 | +€98,400 | |
| Other operating charges | 640/8 | €58 | €75 | +€17 | +30.0% |
| Gross operating margin | 9900 | €38,669 | €88,110 | +€49,441 | +128% |
| Operating profit (loss) | 9901 | €38,611 | -€10,365 | -€48,976 | |
| Financial income | 75/76B | - | €295 | +€295 | |
| Recurring financial income | 75 | - | €295 | +€295 | |
| Financial charges | 65/66B | €1,600 | €3,078 | +€1,478 | +92.3% |
| Recurring financial charges | 65 | €1,600 | €3,078 | +€1,478 | +92.3% |
| Profit (loss) for the period before taxes | 9903 | €37,011 | -€13,148 | -€50,159 | |
| Income taxes | 67/77 | €7,950 | €202 | -€7,748 | -97.5% |
| Profit (loss) for the period | 9904 | €29,061 | -€13,350 | -€42,411 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,061 | -€13,350 | -€42,411 |
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 13 October 2026 via checked.be.