INZELABS: 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.
INZELABS
Largest movements
- Cash -€27,116
down €27,116 (-27.7%), from €97,813 to €70,697
mainly Contributions, distributions and other (-€127,402) and Receivables within one year (-€4,667)
- Tangible fixed assets -€6,472
down €6,472 (-55.4%), from €11,676 to €5,205
of which Furniture and vehicles: -€5,314
- Receivables within one year +€4,667
up €4,667 (+29.8%), from €15,682 to €20,349
of which Trade receivables: +€4,667
- Reserves -€47,402
down €47,402 (-53.7%), from €88,190 to €40,788
- Other debts +€10,219
up €10,219 (+50.6%), from €20,184 to €30,403
- Profit (loss) carried forward +€8,434
up €8,434, from €0 to €8,434
- Tax, wage and social debts +€4,252
up €4,252 (+36.0%), from €11,814 to €16,066
of which Remuneration and social security: +€2,779
- Current portion of long-term debt -€4,090
down €4,090 (-100%), from €4,090 to €0
- Depreciation -€15,590
down €15,590 (-66.6%), from €23,416 to €7,826
- Financial income -€7,375
down €7,375 (-100%), from €7,375 to €0
- Taxes +€4,576
up €4,576 (+23.0%), from €19,930 to €24,506
- Gross operating margin +€1,217
up €1,217 (+1.0%), from €120,400 to €121,617
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 | €127,571 | €99,642 | -€27,929 | -21.9% |
| Fixed assets | 21/28 | €11,676 | €5,205 | -€6,472 | -55.4% |
| Tangible fixed assets | 22/27 | €11,676 | €5,205 | -€6,472 | -55.4% |
| Plant, machinery and equipment | 23 | €3,072 | €1,914 | -€1,158 | -37.7% |
| Furniture and vehicles | 24 | €8,604 | €3,291 | -€5,314 | -61.8% |
| Current assets | 29/58 | €115,894 | €94,437 | -€21,457 | -18.5% |
| Amounts receivable within one year | 40/41 | €15,682 | €20,349 | +€4,667 | +29.8% |
| Trade receivables | 40 | €15,682 | €20,349 | +€4,667 | +29.8% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €97,813 | €70,697 | -€27,116 | -27.7% |
| Deferred charges and accrued income | 490/1 | €2,400 | €3,391 | +€991 | +41.3% |
| Total equity and liabilities | 10/49 | €127,571 | €99,642 | -€27,929 | -21.9% |
| Equity | 10/15 | €90,190 | €51,223 | -€38,967 | -43.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €88,190 | €40,788 | -€47,402 | -53.7% |
| Distributable reserves | 133 | €88,190 | €40,788 | -€47,402 | -53.7% |
| Profit (loss) carried forward | 14 | €0 | €8,434 | +€8,434 | |
| Amounts payable | 17/49 | €37,381 | €48,419 | +€11,038 | +29.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €37,379 | €48,161 | +€10,782 | +28.8% |
| Current portion of amounts payable after more than one year | 42 | €4,090 | €0 | -€4,090 | -100% |
| Trade debts | 44 | €1,291 | €1,692 | +€402 | +31.1% |
| Suppliers | 440/4 | €1,291 | €1,692 | +€402 | +31.1% |
| Taxes, remuneration and social security | 45 | €11,814 | €16,066 | +€4,252 | +36.0% |
| Taxes | 450/3 | €11,814 | €13,287 | +€1,474 | +12.5% |
| Remuneration and social security | 454/9 | €0 | €2,779 | +€2,779 | |
| Other amounts payable | 47/48 | €20,184 | €30,403 | +€10,219 | +50.6% |
| Accrued charges and deferred income | 492/3 | €2 | €258 | +€256 | +16,025% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,416 | €7,826 | -€15,590 | -66.6% |
| Other operating charges | 640/8 | €707 | €715 | +€8 | +1.1% |
| Non-recurring operating charges | 66A | €876 | €0 | -€876 | -100% |
| Gross operating margin | 9900 | €120,400 | €121,617 | +€1,217 | +1.0% |
| Operating profit (loss) | 9901 | €95,401 | €113,076 | +€17,675 | +18.5% |
| Financial income | 75/76B | €7,375 | €0 | -€7,375 | -100% |
| Recurring financial income | 75 | €7,375 | €0 | -€7,375 | -100% |
| Financial charges | 65/66B | €310 | €135 | -€175 | -56.4% |
| Recurring financial charges | 65 | €310 | €135 | -€175 | -56.4% |
| Profit (loss) for the period before taxes | 9903 | €102,465 | €112,940 | +€10,475 | +10.2% |
| Income taxes | 67/77 | €19,930 | €24,506 | +€4,576 | +23.0% |
| Profit (loss) for the period | 9904 | €82,536 | €88,434 | +€5,899 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €82,536 | €88,434 | +€5,899 | +7.1% |
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.