INSULUX: what changed
INSULUX
Largest movements
- Tangible fixed assets -€45,995
down €45,995 (-100%), from €45,995 to €0
- Receivables within one year -€13,051
down €13,051 (-100%), from €13,051 to €0
of which Trade receivables: -€12,956
- Stocks and contracts -€7,328
down €7,328 (-100%), from €7,328 to €0
- Cash -€1,706
down €1,706 (-95.0%), from €1,795 to €90
mainly Debts after one year (-€22,277) and Net result for the year (-€15,573)
- Reserves -€42,000
down €42,000 (-97.7%), from €43,000 to €1,000
- Debts after one year -€22,277
down €22,277 (-100%), from €22,277 to €0
- Profit (loss) carried forward +€17,427
up €17,427 (+43.1%), from -€40,438 to -€23,011
- Current portion of long-term debt -€13,631
down €13,631 (-100%), from €13,631 to €0
- Trade debts -€4,983
down €4,983 (-94.5%), from €5,274 to €290
- Gross operating margin -€18,251
down €18,251, from €17,640 to -€611
- Depreciation -€14,499
down €14,499 (-100%), from €14,499 to €0
- Write-downs -€11,190
down €11,190 (-100%), from €11,190 to €0
- Financial charges -€2,010
down €2,010 (-44.7%), from €4,497 to €2,486
- Other operating charges +€1,022
up €1,022 (+54.0%), from €1,894 to €2,917
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,912 | €90 | -€68,823 | -99.9% |
| Fixed assets | 21/28 | €46,070 | €0 | -€46,070 | -100% |
| Tangible fixed assets | 22/27 | €45,995 | €0 | -€45,995 | -100% |
| Plant, machinery and equipment | 23 | €3,500 | €0 | -€3,500 | -100% |
| Furniture and vehicles | 24 | €21,755 | €0 | -€21,755 | -100% |
| Leasing and similar rights | 25 | €20,740 | €0 | -€20,740 | -100% |
| Financial fixed assets | 28 | €75 | €0 | -€75 | -100% |
| Current assets | 29/58 | €22,842 | €90 | -€22,752 | -99.6% |
| Stocks and contracts in progress | 3 | €7,328 | €0 | -€7,328 | -100% |
| Stocks | 30/36 | €7,328 | €0 | -€7,328 | -100% |
| Amounts receivable within one year | 40/41 | €13,051 | €0 | -€13,051 | -100% |
| Trade receivables | 40 | €12,956 | €0 | -€12,956 | -100% |
| Other amounts receivable | 41 | €95 | €0 | -€95 | -100% |
| Cash at bank and in hand | 54/58 | €1,795 | €90 | -€1,706 | -95.0% |
| Deferred charges and accrued income | 490/1 | €668 | €0 | -€668 | -100% |
| Total equity and liabilities | 10/49 | €68,912 | €90 | -€68,823 | -99.9% |
| Equity | 10/15 | €22,562 | -€2,011 | -€24,573 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €43,000 | €1,000 | -€42,000 | -97.7% |
| Distributable reserves | 133 | €43,000 | €1,000 | -€42,000 | -97.7% |
| Profit (loss) carried forward | 14 | -€40,438 | -€23,011 | +€17,427 | +43.1% |
| Amounts payable | 17/49 | €46,350 | €2,101 | -€44,250 | -95.5% |
| Amounts payable after more than one year | 17 | €22,277 | €0 | -€22,277 | -100% |
| Financial debts | 170/4 | €22,277 | €0 | -€22,277 | -100% |
| Amounts payable within one year | 42/48 | €24,073 | €2,101 | -€21,972 | -91.3% |
| Current portion of amounts payable after more than one year | 42 | €13,631 | €0 | -€13,631 | -100% |
| Trade debts | 44 | €5,274 | €290 | -€4,983 | -94.5% |
| Suppliers | 440/4 | €5,274 | €290 | -€4,983 | -94.5% |
| Taxes, remuneration and social security | 45 | €3,097 | €399 | -€2,698 | -87.1% |
| Taxes | 450/3 | €1,707 | €399 | -€1,308 | -76.6% |
| Remuneration and social security | 454/9 | €1,390 | €0 | -€1,390 | -100% |
| Other amounts payable | 47/48 | €2,071 | €1,411 | -€660 | -31.9% |
| Non-recurring operating income | 76A | - | €8,536 | +€8,536 | |
| Remuneration, social security and pensions | 62 | €247 | €0 | -€246 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,499 | €0 | -€14,499 | -100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €11,190 | €0 | -€11,190 | -100% |
| Other operating charges | 640/8 | €1,894 | €2,917 | +€1,022 | +54.0% |
| Non-recurring operating charges | 66A | - | €9,559 | +€9,559 | |
| Gross operating margin | 9900 | €17,640 | -€611 | -€18,251 | |
| Operating profit (loss) | 9901 | -€10,190 | -€13,087 | -€2,897 | -28.4% |
| Financial income | 75/76B | €3 | €0 | -€3 | -99.0% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -99.0% |
| Financial charges | 65/66B | €4,497 | €2,486 | -€2,010 | -44.7% |
| Recurring financial charges | 65 | €4,497 | €2,486 | -€2,010 | -44.7% |
| Profit (loss) for the period before taxes | 9903 | -€14,684 | -€15,573 | -€889 | -6.1% |
| Profit (loss) for the period | 9904 | -€14,684 | -€15,573 | -€889 | -6.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,684 | -€15,573 | -€889 | -6.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.