INZENET: 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.
INZENET
Largest movements
- Tangible fixed assets -€15,358
down €15,358 (-12.3%), from €124,542 to €109,185
of which Land and buildings: -€14,928
- Other debts +€25,344
up €25,344 (+12.7%), from €199,782 to €225,126
- Profit (loss) carried forward -€23,820
down €23,820 (-10.9%), from -€218,328 to -€242,148
- Debts after one year -€18,386
down €18,386 (-16.5%), from €111,429 to €93,043
- Financial charges -€780
down €780 (-11.4%), from €6,870 to €6,090
- Financial income -€541
no longer reported in 2025 (was €541)
of which Financial income: -€541
- Gross operating margin +€428
up €428 (+20.4%), from -€2,099 to -€1,671
- Depreciation +€54
up €54 (+0.4%), from €15,303 to €15,358
- Other operating charges +€22
up €22 (+3.2%), from €680 to €701
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 | €126,338 | €110,235 | -€16,104 | -12.7% |
| Fixed assets | 21/28 | €124,542 | €109,185 | -€15,358 | -12.3% |
| Tangible fixed assets | 22/27 | €124,542 | €109,185 | -€15,358 | -12.3% |
| Land and buildings | 22 | €123,668 | €108,741 | -€14,928 | -12.1% |
| Furniture and vehicles | 24 | €874 | €444 | -€430 | -49.2% |
| Current assets | 29/58 | €1,796 | €1,050 | -€746 | -41.5% |
| Amounts receivable within one year | 40/41 | €723 | €232 | -€491 | -67.9% |
| Trade receivables | 40 | €220 | - | -€220 | |
| Other amounts receivable | 41 | €503 | €232 | -€271 | -53.9% |
| Cash at bank and in hand | 54/58 | €708 | €423 | -€284 | -40.2% |
| Deferred charges and accrued income | 490/1 | €365 | €395 | +€30 | +8.2% |
| Total equity and liabilities | 10/49 | €126,338 | €110,235 | -€16,104 | -12.7% |
| Equity | 10/15 | -€210,268 | -€234,088 | -€23,820 | -11.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€218,328 | -€242,148 | -€23,820 | -10.9% |
| Provisions and deferred taxes | 16 | €7,128 | €7,128 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €7,128 | €7,128 | = | 0.0% |
| Major repairs and maintenance | 162 | €7,128 | €7,128 | = | 0.0% |
| Amounts payable | 17/49 | €329,478 | €337,195 | +€7,716 | +2.3% |
| Amounts payable after more than one year | 17 | €111,429 | €93,043 | -€18,386 | -16.5% |
| Financial debts | 170/4 | €111,429 | €93,043 | -€18,386 | -16.5% |
| Amounts payable within one year | 42/48 | €218,040 | €244,152 | +€26,112 | +12.0% |
| Current portion of amounts payable after more than one year | 42 | €17,524 | €18,386 | +€861 | +4.9% |
| Trade debts | 44 | €602 | €640 | +€38 | +6.3% |
| Suppliers | 440/4 | €602 | €640 | +€38 | +6.3% |
| Taxes, remuneration and social security | 45 | €132 | - | -€132 | |
| Taxes | 450/3 | €132 | - | -€132 | |
| Other amounts payable | 47/48 | €199,782 | €225,126 | +€25,344 | +12.7% |
| Accrued charges and deferred income | 492/3 | €10 | - | -€10 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,303 | €15,358 | +€54 | +0.4% |
| Other operating charges | 640/8 | €680 | €701 | +€22 | +3.2% |
| Gross operating margin | 9900 | -€2,099 | -€1,671 | +€428 | +20.4% |
| Operating profit (loss) | 9901 | -€18,082 | -€17,730 | +€352 | +1.9% |
| Financial income | 75/76B | €541 | - | -€541 | |
| Recurring financial income | 75 | €541 | - | -€541 | |
| Non-recurring financial income | 76B | €541 | - | -€541 | |
| Financial charges | 65/66B | €6,870 | €6,090 | -€780 | -11.4% |
| Recurring financial charges | 65 | €6,870 | €6,090 | -€780 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | -€24,411 | -€23,820 | +€591 | +2.4% |
| Profit (loss) for the period | 9904 | -€24,411 | -€23,820 | +€591 | +2.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,411 | -€23,820 | +€591 | +2.4% |
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.