INSULO: what changed
Two fiscal 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.
INSULO
Largest movements
- Financial fixed assets -€85,000
no longer reported in 2025 (was €85,000)
- Receivables within one year -€73,622
down €73,622 (-31.4%), from €234,483 to €160,861
of which Other amounts receivable: -€38,515
- Deferred charges and accrued income -€11,340
no longer reported in 2025 (was €11,340)
- Trade debts -€99,347
no longer reported in 2025 (was €99,347)
- Tax, wage and social debts -€82,931
down €82,931 (-99.2%), from €83,619 to €688
- Profit (loss) carried forward +€10,485
up €10,485 (+21.3%), from €49,298 to €59,783
- Gross operating margin -€18,424
down €18,424 (-60.1%), from €30,675 to €12,251
- Financial income -€4,883
no longer reported in 2025 (was €4,883)
- Financial charges +€849
up €849 (+154.4%), from €550 to €1,399
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 | €334,520 | €162,727 | -€171,793 | -51.4% |
| Fixed assets | 21/28 | €85,000 | - | -€85,000 | |
| Financial fixed assets | 28 | €85,000 | - | -€85,000 | |
| Current assets | 29/58 | €249,520 | €162,727 | -€86,793 | -34.8% |
| Amounts receivable within one year | 40/41 | €234,483 | €160,861 | -€73,622 | -31.4% |
| Trade receivables | 40 | €195,968 | €160,861 | -€35,107 | -17.9% |
| Other amounts receivable | 41 | €38,515 | - | -€38,515 | |
| Cash at bank and in hand | 54/58 | €3,697 | €1,866 | -€1,831 | -49.5% |
| Deferred charges and accrued income | 490/1 | €11,340 | - | -€11,340 | |
| Total equity and liabilities | 10/49 | €334,520 | €162,727 | -€171,793 | -51.4% |
| Equity | 10/15 | €151,554 | €162,039 | +€10,485 | +6.9% |
| Contributions | 10/11 | €92,960 | €92,960 | = | 0.0% |
| Capital | 10 | €92,960 | €92,960 | = | 0.0% |
| Issued capital | 100 | €92,960 | €92,960 | = | 0.0% |
| Reserves | 13 | €9,296 | €9,296 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,296 | €9,296 | = | 0.0% |
| Legal reserve | 130 | €9,296 | €9,296 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,298 | €59,783 | +€10,485 | +21.3% |
| Amounts payable | 17/49 | €182,966 | €688 | -€182,278 | -99.6% |
| Amounts payable within one year | 42/48 | €182,966 | €688 | -€182,278 | -99.6% |
| Trade debts | 44 | €99,347 | - | -€99,347 | |
| Suppliers | 440/4 | €99,347 | - | -€99,347 | |
| Taxes, remuneration and social security | 45 | €83,619 | €688 | -€82,931 | -99.2% |
| Taxes | 450/3 | €83,619 | €688 | -€82,931 | -99.2% |
| Other operating charges | 640/8 | €613 | €367 | -€246 | -40.1% |
| Gross operating margin | 9900 | €30,675 | €12,251 | -€18,424 | -60.1% |
| Operating profit (loss) | 9901 | €30,062 | €11,884 | -€18,178 | -60.5% |
| Financial income | 75/76B | €4,883 | - | -€4,883 | |
| Recurring financial income | 75 | €4,883 | - | -€4,883 | |
| Financial charges | 65/66B | €550 | €1,399 | +€849 | +154.4% |
| Recurring financial charges | 65 | €550 | €1,399 | +€849 | +154.4% |
| Profit (loss) for the period before taxes | 9903 | €34,395 | €10,485 | -€23,910 | -69.5% |
| Profit (loss) for the period | 9904 | €34,395 | €10,485 | -€23,910 | -69.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,395 | €10,485 | -€23,910 | -69.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.