INSUO: 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.
INSUO
Largest movements
- Receivables within one year -€44,948
down €44,948 (-71.1%), from €63,178 to €18,230
of which Other amounts receivable: -€29,345
- Cash +€21,931
up €21,931 (+1,463%), from €1,499 to €23,430
mainly Receivables within one year (+€44,948) and Other debts (+€36,174)
- Tangible fixed assets -€5,183
down €5,183 (-15.7%), from €32,994 to €27,811
of which Plant, machinery and equipment: -€3,496
- Profit (loss) carried forward -€59,329
no longer reported in 2025 (was €59,329)
- Other debts +€36,174
up €36,174 (+1,859%), from €1,946 to €38,120
- Tax, wage and social debts -€2,674
down €2,674 (-17.8%), from €15,032 to €12,357
of which Taxes: -€2,833
- Trade debts -€2,404
down €2,404 (-94.7%), from €2,537 to €133
- Financial charges +€54,351
up €54,351 (+33,864%), from €161 to €54,512
- Gross operating margin -€16,132
down €16,132 (-19.9%), from €81,103 to €64,971
- Taxes -€14,580
down €14,580 (-91.5%), from €15,940 to €1,360
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 | €115,298 | €87,465 | -€27,833 | -24.1% |
| Fixed assets | 21/28 | €32,994 | €27,811 | -€5,183 | -15.7% |
| Tangible fixed assets | 22/27 | €32,994 | €27,811 | -€5,183 | -15.7% |
| Plant, machinery and equipment | 23 | €24,388 | €20,891 | -€3,496 | -14.3% |
| Furniture and vehicles | 24 | €8,606 | €6,920 | -€1,686 | -19.6% |
| Current assets | 29/58 | €82,304 | €59,654 | -€22,650 | -27.5% |
| Amounts receivable within one year | 40/41 | €63,178 | €18,230 | -€44,948 | -71.1% |
| Trade receivables | 40 | €31,636 | €16,033 | -€15,603 | -49.3% |
| Other amounts receivable | 41 | €31,542 | €2,197 | -€29,345 | -93.0% |
| Current investments | 50/53 | €17,500 | €17,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,499 | €23,430 | +€21,931 | +1,463% |
| Deferred charges and accrued income | 490/1 | €127 | €494 | +€368 | +290% |
| Total equity and liabilities | 10/49 | €115,298 | €87,465 | -€27,833 | -24.1% |
| Equity | 10/15 | €95,784 | €36,455 | -€59,329 | -61.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €17,855 | €17,855 | = | 0.0% |
| Distributable reserves | 133 | €17,855 | €17,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,329 | - | -€59,329 | |
| Amounts payable | 17/49 | €19,514 | €51,010 | +€31,496 | +161% |
| Amounts payable within one year | 42/48 | €19,514 | €50,611 | +€31,096 | +159% |
| Trade debts | 44 | €2,537 | €133 | -€2,404 | -94.7% |
| Suppliers | 440/4 | €2,537 | €133 | -€2,404 | -94.7% |
| Taxes, remuneration and social security | 45 | €15,032 | €12,357 | -€2,674 | -17.8% |
| Taxes | 450/3 | €12,128 | €9,295 | -€2,833 | -23.4% |
| Remuneration and social security | 454/9 | €2,904 | €3,063 | +€159 | +5.5% |
| Other amounts payable | 47/48 | €1,946 | €38,120 | +€36,174 | +1,859% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,781 | €7,147 | +€367 | +5.4% |
| Other operating charges | 640/8 | €1,091 | €1,006 | -€84 | -7.7% |
| Non-recurring operating charges | 66A | €40 | - | -€40 | |
| Gross operating margin | 9900 | €81,103 | €64,971 | -€16,132 | -19.9% |
| Operating profit (loss) | 9901 | €73,191 | €56,817 | -€16,374 | -22.4% |
| Financial income | 75/76B | €2,238 | €2,523 | +€285 | +12.8% |
| Recurring financial income | 75 | €2,238 | €2,523 | +€285 | +12.8% |
| Financial charges | 65/66B | €161 | €54,512 | +€54,351 | +33,864% |
| Recurring financial charges | 65 | €161 | €54,512 | +€54,351 | +33,864% |
| Profit (loss) for the period before taxes | 9903 | €75,269 | €4,829 | -€70,440 | -93.6% |
| Income taxes | 67/77 | €15,940 | €1,360 | -€14,580 | -91.5% |
| Profit (loss) for the period | 9904 | €59,329 | €3,469 | -€55,860 | -94.2% |
| Profit (loss) for the period to be appropriated | 9905 | €59,329 | €3,469 | -€55,860 | -94.2% |
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 14 October 2026 via checked.be.