INUKSHUK: 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.
INUKSHUK
Largest movements
- Receivables within one year +€3,359
up €3,359 (+19.2%), from €17,486 to €20,845
of which Trade receivables: +€2,974
- Tangible fixed assets +€2,426
up €2,426 (+13.6%), from €17,858 to €20,284
of which Plant, machinery and equipment: +€5,970
- Cash +€2,371
up €2,371 (+22.6%), from €10,491 to €12,862
mainly Other debts (+€10,226) and Depreciation (+€5,614)
- Deferred charges and accrued income -€876
down €876 (-54.6%), from €1,605 to €729
- Other debts +€10,226
up €10,226 (+101%), from €10,154 to €20,379
- Profit (loss) carried forward -€4,414
down €4,414 (-32.1%), from €13,732 to €9,318
- Trade debts +€3,329
up €3,329 (+40.0%), from €8,320 to €11,649
- Tax, wage and social debts -€1,861
down €1,861 (-20.5%), from €9,059 to €7,199
of which Remuneration and social security: -€2,914
- Gross operating margin -€9,655
down €9,655 (-17.9%), from €53,906 to €44,251
- Staff costs -€3,124
down €3,124 (-7.2%), from €43,613 to €40,489
- Other operating charges -€755
down €755 (-24.3%), from €3,113 to €2,358
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 | €47,465 | €54,745 | +€7,280 | +15.3% |
| Fixed assets | 21/28 | €17,883 | €20,309 | +€2,426 | +13.6% |
| Tangible fixed assets | 22/27 | €17,858 | €20,284 | +€2,426 | +13.6% |
| Plant, machinery and equipment | 23 | €13,700 | €19,670 | +€5,970 | +43.6% |
| Furniture and vehicles | 24 | €4,158 | €614 | -€3,544 | -85.2% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €29,582 | €34,436 | +€4,854 | +16.4% |
| Amounts receivable within one year | 40/41 | €17,486 | €20,845 | +€3,359 | +19.2% |
| Trade receivables | 40 | €17,455 | €20,429 | +€2,974 | +17.0% |
| Other amounts receivable | 41 | €31 | €416 | +€385 | +1,243% |
| Cash at bank and in hand | 54/58 | €10,491 | €12,862 | +€2,371 | +22.6% |
| Deferred charges and accrued income | 490/1 | €1,605 | €729 | -€876 | -54.6% |
| Total equity and liabilities | 10/49 | €47,465 | €54,745 | +€7,280 | +15.3% |
| Equity | 10/15 | €19,932 | €15,518 | -€4,414 | -22.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,732 | €9,318 | -€4,414 | -32.1% |
| Amounts payable | 17/49 | €27,533 | €39,227 | +€11,694 | +42.5% |
| Amounts payable within one year | 42/48 | €27,533 | €39,227 | +€11,694 | +42.5% |
| Trade debts | 44 | €8,320 | €11,649 | +€3,329 | +40.0% |
| Suppliers | 440/4 | €8,320 | €11,649 | +€3,329 | +40.0% |
| Taxes, remuneration and social security | 45 | €9,059 | €7,199 | -€1,861 | -20.5% |
| Taxes | 450/3 | €5,344 | €6,397 | +€1,053 | +19.7% |
| Remuneration and social security | 454/9 | €3,715 | €801 | -€2,914 | -78.4% |
| Other amounts payable | 47/48 | €10,154 | €20,379 | +€10,226 | +101% |
| Remuneration, social security and pensions | 62 | €43,613 | €40,489 | -€3,124 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,849 | €5,614 | -€236 | -4.0% |
| Other operating charges | 640/8 | €3,113 | €2,358 | -€755 | -24.3% |
| Gross operating margin | 9900 | €53,906 | €44,251 | -€9,655 | -17.9% |
| Operating profit (loss) | 9901 | €1,331 | -€4,210 | -€5,541 | |
| Financial income | 75/76B | €10 | €3 | -€8 | -76.1% |
| Recurring financial income | 75 | €10 | €3 | -€8 | -76.1% |
| Financial charges | 65/66B | €147 | €206 | +€59 | +39.9% |
| Recurring financial charges | 65 | €147 | €206 | +€59 | +39.9% |
| Profit (loss) for the period before taxes | 9903 | €1,194 | -€4,413 | -€5,608 | |
| Income taxes | 67/77 | €2 | €1 | -€1 | -61.1% |
| Profit (loss) for the period | 9904 | €1,192 | -€4,414 | -€5,606 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,192 | -€4,414 | -€5,606 |
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 15 October 2026 via checked.be.