INSTAL SYSTEM: 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 SYSTEM
Largest movements
- Cash -€30,912
down €30,912 (-93.1%), from €33,195 to €2,283
mainly Investment in fixed assets (net) (-€35,397) and Debts after one year (-€10,641)
- Tangible fixed assets +€25,209
up €25,209 (+273%), from €9,234 to €34,444
of which Furniture and vehicles: +€26,807
- Receivables within one year +€4,840
up €4,840 (+5.1%), from €95,731 to €100,571
of which Other amounts receivable: +€6,755
- Profit (loss) carried forward +€17,045
up €17,045 (+21.1%), from €80,851 to €97,896
- Debts after one year -€10,641
down €10,641 (-29.6%), from €35,905 to €25,264
- Trade debts -€5,173
down €5,173 (-54.6%), from €9,468 to €4,295
- Tax, wage and social debts -€2,094
down €2,094 (-16.9%), from €12,392 to €10,297
- Turnover -€58,789
down €58,789 (-10.6%), from €555,214 to €496,425
- Purchases and services -€55,889
down €55,889 (-10.7%), from €520,458 to €464,568
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 | €139,615 | €138,752 | -€863 | -0.6% |
| Fixed assets | 21/28 | €9,234 | €34,444 | +€25,209 | +273% |
| Tangible fixed assets | 22/27 | €9,234 | €34,444 | +€25,209 | +273% |
| Plant, machinery and equipment | 23 | €6,750 | €5,152 | -€1,597 | -23.7% |
| Furniture and vehicles | 24 | €2,485 | €29,291 | +€26,807 | +1,079% |
| Current assets | 29/58 | €130,381 | €104,309 | -€26,072 | -20.0% |
| Amounts receivable within one year | 40/41 | €95,731 | €100,571 | +€4,840 | +5.1% |
| Trade receivables | 40 | €51,053 | €49,137 | -€1,915 | -3.8% |
| Other amounts receivable | 41 | €44,678 | €51,433 | +€6,755 | +15.1% |
| Cash at bank and in hand | 54/58 | €33,195 | €2,283 | -€30,912 | -93.1% |
| Deferred charges and accrued income | 490/1 | €1,455 | €1,455 | = | 0.0% |
| Total equity and liabilities | 10/49 | €139,615 | €138,752 | -€863 | -0.6% |
| Equity | 10/15 | €81,851 | €98,896 | +€17,045 | +20.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,851 | €97,896 | +€17,045 | +21.1% |
| Amounts payable | 17/49 | €57,764 | €39,856 | -€17,908 | -31.0% |
| Amounts payable after more than one year | 17 | €35,905 | €25,264 | -€10,641 | -29.6% |
| Financial debts | 170/4 | €35,905 | €25,264 | -€10,641 | -29.6% |
| Amounts payable within one year | 42/48 | €21,859 | €14,592 | -€7,267 | -33.2% |
| Trade debts | 44 | €9,468 | €4,295 | -€5,173 | -54.6% |
| Suppliers | 440/4 | €9,468 | €4,295 | -€5,173 | -54.6% |
| Taxes, remuneration and social security | 45 | €12,392 | €10,297 | -€2,094 | -16.9% |
| Taxes | 450/3 | €12,392 | €10,297 | -€2,094 | -16.9% |
| Turnover | 70 | €555,214 | €496,425 | -€58,789 | -10.6% |
| Non-recurring operating income | 76A | €5,297 | - | -€5,297 | |
| Goods, raw materials, services and sundry goods | 60/61 | €520,458 | €464,568 | -€55,889 | -10.7% |
| Remuneration, social security and pensions | 62 | €1,360 | €1,886 | +€526 | +38.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,641 | €10,187 | +€2,547 | +33.3% |
| Other operating charges | 640/8 | €950 | €1,152 | +€201 | +21.2% |
| Gross operating margin | 9900 | €40,053 | €37,773 | -€2,280 | -5.7% |
| Operating profit (loss) | 9901 | €30,101 | €24,547 | -€5,554 | -18.5% |
| Financial income | 75/76B | €0 | €1 | +€1 | +4,067% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +4,067% |
| Financial charges | 65/66B | €250 | €1,651 | +€1,401 | +561% |
| Recurring financial charges | 65 | €250 | €1,651 | +€1,401 | +561% |
| Profit (loss) for the period before taxes | 9903 | €29,852 | €22,898 | -€6,953 | -23.3% |
| Income taxes | 67/77 | €7,758 | €5,853 | -€1,905 | -24.6% |
| Profit (loss) for the period | 9904 | €22,093 | €17,045 | -€5,048 | -22.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,093 | €17,045 | -€5,048 | -22.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.