INUSPI: 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.
INUSPI
Largest movements
- Tangible fixed assets -€14,097
down €14,097 (-40.3%), from €34,975 to €20,878
of which Furniture and vehicles: -€13,050
- Cash +€10,935
up €10,935 (+192.0%), from €5,697 to €16,632
mainly Depreciation (+€16,038) and Tax, wage and social debts (+€7,177)
- Receivables within one year +€3,588
up €3,588 (+6.9%), from €52,255 to €55,843
of which Trade receivables: +€3,532
- Debts after one year -€10,302
down €10,302 (-54.0%), from €19,094 to €8,792
- Tax, wage and social debts +€7,177
up €7,177 (+56.6%), from €12,681 to €19,859
of which Taxes: +€8,427
- Trade debts +€1,760
up €1,760 (+22.3%), from €7,906 to €9,666
- Other operating charges -€3,510
down €3,510 (-83.4%), from €4,206 to €696
- Gross operating margin +€2,428
up €2,428 (+12.4%), from €19,573 to €22,001
- Financial income -€2,077
down €2,077 (-99.5%), from €2,087 to €10
- Taxes +€600
up €600 (+42.6%), from €1,407 to €2,007
- Depreciation +€459
up €459 (+2.9%), from €15,578 to €16,038
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 | €94,971 | €95,346 | +€376 | +0.4% |
| Fixed assets | 21/28 | €35,000 | €20,903 | -€14,097 | -40.3% |
| Tangible fixed assets | 22/27 | €34,975 | €20,878 | -€14,097 | -40.3% |
| Plant, machinery and equipment | 23 | €3,053 | €2,316 | -€737 | -24.1% |
| Furniture and vehicles | 24 | €30,041 | €16,991 | -€13,050 | -43.4% |
| Other tangible fixed assets | 26 | €1,881 | €1,572 | -€310 | -16.5% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €59,970 | €74,443 | +€14,473 | +24.1% |
| Amounts receivable within one year | 40/41 | €52,255 | €55,843 | +€3,588 | +6.9% |
| Trade receivables | 40 | €16,962 | €20,494 | +€3,532 | +20.8% |
| Other amounts receivable | 41 | €35,293 | €35,349 | +€56 | +0.2% |
| Cash at bank and in hand | 54/58 | €5,697 | €16,632 | +€10,935 | +192.0% |
| Deferred charges and accrued income | 490/1 | €2,018 | €1,968 | -€50 | -2.5% |
| Total equity and liabilities | 10/49 | €94,971 | €95,346 | +€376 | +0.4% |
| Equity | 10/15 | €45,252 | €46,727 | +€1,475 | +3.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €33,486 | €34,327 | +€841 | +2.5% |
| Distributable reserves | 133 | €33,486 | €34,327 | +€841 | +2.5% |
| Profit (loss) carried forward | 14 | -€633 | €0 | +€633 | |
| Amounts payable | 17/49 | €49,718 | €48,619 | -€1,099 | -2.2% |
| Amounts payable after more than one year | 17 | €19,094 | €8,792 | -€10,302 | -54.0% |
| Financial debts | 170/4 | €19,094 | €8,792 | -€10,302 | -54.0% |
| Amounts payable within one year | 42/48 | €30,624 | €39,827 | +€9,203 | +30.1% |
| Current portion of amounts payable after more than one year | 42 | €10,037 | €10,302 | +€265 | +2.6% |
| Trade debts | 44 | €7,906 | €9,666 | +€1,760 | +22.3% |
| Suppliers | 440/4 | €7,906 | €9,666 | +€1,760 | +22.3% |
| Taxes, remuneration and social security | 45 | €12,681 | €19,859 | +€7,177 | +56.6% |
| Taxes | 450/3 | €3,681 | €12,109 | +€8,427 | +228.9% |
| Remuneration and social security | 454/9 | €9,000 | €7,750 | -€1,250 | -13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,578 | €16,038 | +€459 | +2.9% |
| Other operating charges | 640/8 | €4,206 | €696 | -€3,510 | -83.4% |
| Gross operating margin | 9900 | €19,573 | €22,001 | +€2,428 | +12.4% |
| Operating profit (loss) | 9901 | -€211 | €5,267 | +€5,478 | |
| Financial income | 75/76B | €2,087 | €10 | -€2,077 | -99.5% |
| Recurring financial income | 75 | €2,087 | €10 | -€2,077 | -99.5% |
| Financial charges | 65/66B | €1,102 | €962 | -€140 | -12.7% |
| Recurring financial charges | 65 | €1,102 | €962 | -€140 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €774 | €4,315 | +€3,541 | +457.5% |
| Income taxes | 67/77 | €1,407 | €2,007 | +€600 | +42.6% |
| Profit (loss) for the period | 9904 | -€633 | €2,308 | +€2,941 | |
| Profit (loss) for the period to be appropriated | 9905 | -€633 | €2,308 | +€2,941 |
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 5 October 2026 via checked.be.