INUITS: 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.
INUITS
Largest movements
- Deferred charges and accrued income -€542,834
no longer reported in 2025 (was €542,834)
- Cash +€269,169
up €269,169 (+597.2%), from €45,072 to €314,242
- Intangible fixed assets -€221,035
down €221,035 (-17.8%), from €1.2m to €1.0m
- Stocks and contracts -€150,246
no longer reported in 2025 (was €150,246)
- Tangible fixed assets -€88,361
down €88,361 (-44.4%), from €198,863 to €110,502
of which Plant, machinery and equipment: -€47,934
- Short-term financial debts -€402,993
down €402,993 (-96.3%), from €418,511 to €15,518
- Tax, wage and social debts -€397,832
down €397,832 (-42.0%), from €948,219 to €550,387
of which Remuneration and social security: -€390,657
- Profit (loss) carried forward -€323,154
new in 2025: -€323,154
- Trade debts +€283,307
up €283,307 (+48.7%), from €581,257 to €864,563
- Accrued charges and deferred income +€215,065
new in 2025: €215,065
- Staff costs +€1.7m
up €1.7m (+35.0%), from €5.0m to €6.7m
- Gross operating margin +€1.7m
up €1.7m (+31.6%), from €5.5m to €7.2m
- Depreciation +€322,192
up €322,192 (+133.0%), from €242,269 to €564,461
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,559,250 | €3,856,066 | -€703,184 | -15.4% |
| Fixed assets | 21/28 | €1,479,069 | €1,169,673 | -€309,396 | -20.9% |
| Intangible fixed assets | 21 | €1,244,699 | €1,023,664 | -€221,035 | -17.8% |
| Tangible fixed assets | 22/27 | €198,863 | €110,502 | -€88,361 | -44.4% |
| Plant, machinery and equipment | 23 | €106,456 | €58,522 | -€47,934 | -45.0% |
| Furniture and vehicles | 24 | €86,793 | €44,589 | -€42,204 | -48.6% |
| Other tangible fixed assets | 26 | €5,614 | €7,391 | +€1,777 | +31.6% |
| Financial fixed assets | 28 | €35,507 | €35,507 | = | 0.0% |
| Current assets | 29/58 | €3,080,180 | €2,686,393 | -€393,788 | -12.8% |
| Stocks and contracts in progress | 3 | €150,246 | - | -€150,246 | |
| Contracts in progress | 37 | €150,246 | - | -€150,246 | |
| Amounts receivable within one year | 40/41 | €2,342,028 | €2,372,151 | +€30,123 | +1.3% |
| Trade receivables | 40 | €1,400,146 | €1,449,416 | +€49,270 | +3.5% |
| Other amounts receivable | 41 | €941,882 | €922,735 | -€19,147 | -2.0% |
| Cash at bank and in hand | 54/58 | €45,072 | €314,242 | +€269,169 | +597.2% |
| Deferred charges and accrued income | 490/1 | €542,834 | - | -€542,834 | |
| Total equity and liabilities | 10/49 | €4,559,250 | €3,856,066 | -€703,184 | -15.4% |
| Equity | 10/15 | €739,775 | €398,777 | -€340,999 | -46.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €733,575 | €715,731 | -€17,845 | -2.4% |
| Non-distributable reserves | 130/1 | €14,415 | €14,415 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14,415 | €14,415 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,043 | €198 | -€17,845 | -98.9% |
| Distributable reserves | 133 | €701,117 | €701,117 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€323,154 | -€323,154 | |
| Amounts payable | 17/49 | €3,819,475 | €3,457,289 | -€362,185 | -9.5% |
| Amounts payable after more than one year | 17 | €1,290,573 | €1,389,346 | +€98,773 | +7.7% |
| Financial debts | 170/4 | €1,290,573 | €962,033 | -€328,540 | -25.5% |
| Advances received on contracts in progress | 176 | - | €427,313 | +€427,313 | |
| Amounts payable within one year | 42/48 | €2,528,901 | €1,852,878 | -€676,023 | -26.7% |
| Current portion of amounts payable after more than one year | 42 | €580,914 | €422,409 | -€158,505 | -27.3% |
| Financial debts | 43 | €418,511 | €15,518 | -€402,993 | -96.3% |
| Credit institutions | 430/8 | €418,511 | €15,518 | -€402,993 | -96.3% |
| Trade debts | 44 | €581,257 | €864,563 | +€283,307 | +48.7% |
| Suppliers | 440/4 | €581,257 | €864,563 | +€283,307 | +48.7% |
| Taxes, remuneration and social security | 45 | €948,219 | €550,387 | -€397,832 | -42.0% |
| Taxes | 450/3 | €114,800 | €107,625 | -€7,175 | -6.2% |
| Remuneration and social security | 454/9 | €833,419 | €442,762 | -€390,657 | -46.9% |
| Accrued charges and deferred income | 492/3 | - | €215,065 | +€215,065 | |
| Non-recurring operating income | 76A | €141,206 | €12,753 | -€128,453 | -91.0% |
| Remuneration, social security and pensions | 62 | €4,976,314 | €6,720,129 | +€1.7m | +35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €242,269 | €564,461 | +€322,192 | +133.0% |
| Other operating charges | 640/8 | €2,325 | €2,753 | +€428 | +18.4% |
| Gross operating margin | 9900 | €5,492,553 | €7,229,578 | +€1.7m | +31.6% |
| Operating profit (loss) | 9901 | €271,645 | -€57,766 | -€329,411 | |
| Financial income | 75/76B | €11,158 | €291 | -€10,867 | -97.4% |
| Recurring financial income | 75 | €11,158 | €291 | -€10,867 | -97.4% |
| Financial charges | 65/66B | €229,672 | €263,939 | +€34,268 | +14.9% |
| Recurring financial charges | 65 | €206,296 | €259,907 | +€53,611 | +26.0% |
| Non-recurring financial charges | 66B | €23,375 | €4,032 | -€19,343 | -82.8% |
| Profit (loss) for the period before taxes | 9903 | €53,131 | -€321,414 | -€374,545 | |
| Income taxes | 67/77 | €28,044 | €1,740 | -€26,303 | -93.8% |
| Profit (loss) for the period | 9904 | €25,088 | -€323,154 | -€348,242 | |
| Transfer to tax-exempt reserves | 689 | €17,845 | - | -€17,845 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,243 | -€323,154 | -€330,397 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.