INZI: 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.
INZI
Largest movements
- Cash +€111,973
up €111,973 (+115.1%), from €97,259 to €209,232
mainly Other debts (+€213,489) and Net result for the year (+€116,920)
- Receivables within one year +€16,322
up €16,322 (+459.4%), from €3,553 to €19,875
- Other debts +€213,489
new in 2025: €213,489
- Reserves -€96,569
no longer reported in 2025 (was €96,569)
- Tax, wage and social debts +€9,917
up €9,917 (+1480.2%), from €670 to €10,587
of which Taxes: +€7,487
- Gross operating margin +€26,075
up €26,075 (+21.1%), from €123,694 to €149,769
- Taxes +€6,817
up €6,817 (+26.6%), from €25,670 to €32,487
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 | €101,350 | €229,942 | +€128,592 | +126.9% |
| Fixed assets | 21/28 | €539 | €324 | -€214 | -39.8% |
| Tangible fixed assets | 22/27 | €539 | €324 | -€214 | -39.8% |
| Furniture and vehicles | 24 | €539 | €324 | -€214 | -39.8% |
| Current assets | 29/58 | €100,812 | €229,618 | +€128,806 | +127.8% |
| Amounts receivable within one year | 40/41 | €3,553 | €19,875 | +€16,322 | +459.4% |
| Other amounts receivable | 41 | €3,553 | €19,875 | +€16,322 | +459.4% |
| Cash at bank and in hand | 54/58 | €97,259 | €209,232 | +€111,973 | +115.1% |
| Deferred charges and accrued income | 490/1 | - | €511 | +€511 | |
| Total equity and liabilities | 10/49 | €101,350 | €229,942 | +€128,592 | +126.9% |
| Equity | 10/15 | €99,569 | €3,000 | -€96,569 | -97.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €96,569 | - | -€96,569 | |
| Distributable reserves | 133 | €96,569 | - | -€96,569 | |
| Amounts payable | 17/49 | €1,781 | €226,942 | +€225,161 | +12641.6% |
| Amounts payable within one year | 42/48 | €1,781 | €226,942 | +€225,161 | +12641.6% |
| Trade debts | 44 | €1,111 | €2,866 | +€1,755 | +157.9% |
| Suppliers | 440/4 | €1,111 | €2,866 | +€1,755 | +157.9% |
| Taxes, remuneration and social security | 45 | €670 | €10,587 | +€9,917 | +1480.2% |
| Taxes | 450/3 | €670 | €8,157 | +€7,487 | +1117.5% |
| Remuneration and social security | 454/9 | - | €2,430 | +€2,430 | |
| Other amounts payable | 47/48 | - | €213,489 | +€213,489 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €267 | €214 | -€53 | -19.8% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €123,694 | €149,769 | +€26,075 | +21.1% |
| Operating profit (loss) | 9901 | €122,977 | €149,093 | +€26,115 | +21.2% |
| Financial income | 75/76B | €10 | €359 | +€349 | +3590.8% |
| Recurring financial income | 75 | €10 | €359 | +€349 | +3590.8% |
| Financial charges | 65/66B | €748 | €45 | -€703 | -94.0% |
| Recurring financial charges | 65 | €748 | €45 | -€703 | -94.0% |
| Profit (loss) for the period before taxes | 9903 | €122,239 | €149,407 | +€27,167 | +22.2% |
| Income taxes | 67/77 | €25,670 | €32,487 | +€6,817 | +26.6% |
| Profit (loss) for the period | 9904 | €96,569 | €116,920 | +€20,350 | +21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €96,569 | €116,920 | +€20,350 | +21.1% |
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 1 October 2026 via checked.be.