INSPITOVA: 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.
INSPITOVA
Largest movements
- Cash +€70,758
up €70,758 (+312.0%), from €22,679 to €93,436
mainly Other debts (+€78,786) and Net result for the year (+€74,151)
- Receivables within one year +€15,581
up €15,581 (+106.9%), from €14,574 to €30,156
of which Trade receivables: +€14,670
- Tangible fixed assets -€12,827
down €12,827 (-26.4%), from €48,543 to €35,716
of which Furniture and vehicles: -€12,348
- Other debts +€78,786
up €78,786 (+6489.5%), from €1,214 to €80,000
- Profit (loss) carried forward -€5,849
down €5,849 (-7.7%), from €75,737 to €69,888
- Gross operating margin -€2,966
down €2,966 (-2.7%), from €110,052 to €107,086
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.
Cash bridge derived
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 | €87,716 | €161,176 | +€73,461 | +83.7% |
| Fixed assets | 21/28 | €48,543 | €35,716 | -€12,827 | -26.4% |
| Tangible fixed assets | 22/27 | €48,543 | €35,716 | -€12,827 | -26.4% |
| Furniture and vehicles | 24 | €46,548 | €34,200 | -€12,348 | -26.5% |
| Other tangible fixed assets | 26 | €1,995 | €1,516 | -€479 | -24.0% |
| Current assets | 29/58 | €39,173 | €125,460 | +€86,288 | +220.3% |
| Amounts receivable within one year | 40/41 | €14,574 | €30,156 | +€15,581 | +106.9% |
| Trade receivables | 40 | €14,574 | €29,245 | +€14,670 | +100.7% |
| Other amounts receivable | 41 | - | €911 | +€911 | |
| Cash at bank and in hand | 54/58 | €22,679 | €93,436 | +€70,758 | +312.0% |
| Deferred charges and accrued income | 490/1 | €1,920 | €1,868 | -€52 | -2.7% |
| Total equity and liabilities | 10/49 | €87,716 | €161,176 | +€73,461 | +83.7% |
| Equity | 10/15 | €77,737 | €71,888 | -€5,849 | -7.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,737 | €69,888 | -€5,849 | -7.7% |
| Amounts payable | 17/49 | €9,978 | €89,288 | +€79,310 | +794.8% |
| Amounts payable within one year | 42/48 | €9,978 | €89,288 | +€79,310 | +794.8% |
| Trade debts | 44 | €302 | €314 | +€12 | +4.0% |
| Suppliers | 440/4 | €302 | €314 | +€12 | +4.0% |
| Taxes, remuneration and social security | 45 | €8,462 | €8,974 | +€512 | +6.1% |
| Taxes | 450/3 | €8,462 | €8,974 | +€512 | +6.1% |
| Other amounts payable | 47/48 | €1,214 | €80,000 | +€78,786 | +6489.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,519 | €12,827 | -€692 | -5.1% |
| Gross operating margin | 9900 | €110,052 | €107,086 | -€2,966 | -2.7% |
| Operating profit (loss) | 9901 | €96,533 | €94,259 | -€2,274 | -2.4% |
| Financial income | 75/76B | €38 | €21 | -€17 | -43.6% |
| Recurring financial income | 75 | €38 | €21 | -€17 | -43.6% |
| Financial charges | 65/66B | €162 | €78 | -€85 | -52.2% |
| Recurring financial charges | 65 | €162 | €78 | -€85 | -52.2% |
| Profit (loss) for the period before taxes | 9903 | €96,409 | €94,203 | -€2,206 | -2.3% |
| Income taxes | 67/77 | €19,813 | €20,052 | +€240 | +1.2% |
| Profit (loss) for the period | 9904 | €76,596 | €74,151 | -€2,446 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €76,596 | €74,151 | -€2,446 | -3.2% |
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 11 October 2026 via checked.be.