INSTAL PLUS: 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.
INSTAL PLUS
Largest movements
- Tangible fixed assets +€32,625
new in 2025: €32,625
- Receivables within one year +€13,777
up €13,777 (+2796.4%), from €493 to €14,270
of which Trade receivables: +€13,810
- Cash -€3,650
down €3,650 (-23.0%), from €15,862 to €12,212
mainly Investment in fixed assets (net) (-€36,543) and Receivables within one year (-€13,777)
- Trade debts +€28,623
up €28,623 (+1493.8%), from €1,916 to €30,540
- Profit (loss) carried forward +€11,829
up €11,829 (+152.9%), from €7,738 to €19,567
- Tax, wage and social debts +€2,300
up €2,300 (+62.2%), from €3,700 to €6,000
of which Taxes: +€4,000
- Turnover +€28,791
up €28,791 (+81.8%), from €35,183 to €63,974
- Purchases and services +€20,802
up €20,802 (+88.5%), from €23,506 to €44,308
- Gross operating margin +€7,989
up €7,989 (+68.4%), from €11,677 to €19,665
- Depreciation +€3,918
new in 2025: €3,918
- Financial charges -€1,189
no longer reported in 2025 (was €1,189)
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 | €16,354 | €59,107 | +€42,752 | +261.4% |
| Fixed assets | 21/28 | - | €32,625 | +€32,625 | |
| Tangible fixed assets | 22/27 | - | €32,625 | +€32,625 | |
| Furniture and vehicles | 24 | - | €32,625 | +€32,625 | |
| Current assets | 29/58 | €16,354 | €26,482 | +€10,127 | +61.9% |
| Amounts receivable within one year | 40/41 | €493 | €14,270 | +€13,777 | +2796.4% |
| Trade receivables | 40 | - | €13,810 | +€13,810 | |
| Other amounts receivable | 41 | €493 | €460 | -€33 | -6.7% |
| Cash at bank and in hand | 54/58 | €15,862 | €12,212 | -€3,650 | -23.0% |
| Total equity and liabilities | 10/49 | €16,354 | €59,107 | +€42,752 | +261.4% |
| Equity | 10/15 | €10,738 | €22,567 | +€11,829 | +110.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,738 | €19,567 | +€11,829 | +152.9% |
| Amounts payable | 17/49 | €5,616 | €36,539 | +€30,923 | +550.6% |
| Amounts payable within one year | 42/48 | €5,616 | €36,539 | +€30,923 | +550.6% |
| Trade debts | 44 | €1,916 | €30,540 | +€28,623 | +1493.8% |
| Suppliers | 440/4 | €1,916 | €30,540 | +€28,623 | +1493.8% |
| Taxes, remuneration and social security | 45 | €3,700 | €6,000 | +€2,300 | +62.2% |
| Taxes | 450/3 | €2,000 | €6,000 | +€4,000 | +200.0% |
| Remuneration and social security | 454/9 | €1,700 | - | -€1,700 | |
| Turnover | 70 | €35,183 | €63,974 | +€28,791 | +81.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €23,506 | €44,308 | +€20,802 | +88.5% |
| Remuneration, social security and pensions | 62 | - | €102 | +€102 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,918 | +€3,918 | |
| Other operating charges | 640/8 | €750 | €720 | -€30 | -4.0% |
| Gross operating margin | 9900 | €11,677 | €19,665 | +€7,989 | +68.4% |
| Operating profit (loss) | 9901 | €10,927 | €14,925 | +€3,998 | +36.6% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €1,189 | - | -€1,189 | |
| Recurring financial charges | 65 | €1,189 | - | -€1,189 | |
| Profit (loss) for the period before taxes | 9903 | €9,738 | €14,929 | +€5,191 | +53.3% |
| Income taxes | 67/77 | €2,000 | €3,100 | +€1,100 | +55.0% |
| Profit (loss) for the period | 9904 | €7,738 | €11,829 | +€4,091 | +52.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,738 | €11,829 | +€4,091 | +52.9% |
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.