JINSPIRATION: 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.
JINSPIRATION
Largest movements
- Receivables within one year +€105,937
up €105,937 (+43.6%), from €242,725 to €348,662
of which Other amounts receivable: +€70,042
- Cash -€61,686
down €61,686 (-78.7%), from €78,395 to €16,709
mainly Receivables within one year (-€105,937) and Short-term financial debts (-€95,000)
- Reserves +€122,555
up €122,555 (+20.5%), from €598,398 to €720,953
- Short-term financial debts -€95,000
down €95,000 (-100.0%), from €95,000 to €0
- Tax, wage and social debts +€21,938
up €21,938 (+10.6%), from €207,307 to €229,245
- Debts after one year -€12,720
down €12,720 (-5.8%), from €217,653 to €204,932
- Gross operating margin -€594,565
down €594,565 (-78.2%), from €760,202 to €165,637
- Taxes -€137,977
down €137,977 (-78.1%), from €176,557 to €38,580
- Depreciation -€24,541
down €24,541 (-63.7%), from €38,522 to €13,981
- Financial income +€23,593
up €23,593 (+328.6%), from €7,180 to €30,773
- Financial charges +€13,494
up €13,494 (+244.2%), from €5,526 to €19,019
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 | €1,135,587 | €1,173,900 | +€38,313 | +3.4% |
| Fixed assets | 21/28 | €359,527 | €360,152 | +€625 | +0.2% |
| Tangible fixed assets | 22/27 | €359,527 | €360,152 | +€625 | +0.2% |
| Land and buildings | 22 | €327,599 | €319,454 | -€8,146 | -2.5% |
| Plant, machinery and equipment | 23 | €10,668 | €20,975 | +€10,307 | +96.6% |
| Furniture and vehicles | 24 | €5,960 | €6,184 | +€225 | +3.8% |
| Other tangible fixed assets | 26 | €15,300 | €13,539 | -€1,761 | -11.5% |
| Current assets | 29/58 | €776,060 | €813,747 | +€37,688 | +4.9% |
| Amounts receivable within one year | 40/41 | €242,725 | €348,662 | +€105,937 | +43.6% |
| Trade receivables | 40 | €150 | €36,045 | +€35,895 | +23930.0% |
| Other amounts receivable | 41 | €242,575 | €312,617 | +€70,042 | +28.9% |
| Current investments | 50/53 | €450,000 | €444,582 | -€5,418 | -1.2% |
| Cash at bank and in hand | 54/58 | €78,395 | €16,709 | -€61,686 | -78.7% |
| Deferred charges and accrued income | 490/1 | €4,939 | €3,795 | -€1,145 | -23.2% |
| Total equity and liabilities | 10/49 | €1,135,587 | €1,173,900 | +€38,313 | +3.4% |
| Equity | 10/15 | €598,399 | €720,954 | +€122,555 | +20.5% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €598,398 | €720,953 | +€122,555 | +20.5% |
| Distributable reserves | 133 | €598,398 | €720,953 | +€122,555 | +20.5% |
| Amounts payable | 17/49 | €537,188 | €452,946 | -€84,242 | -15.7% |
| Amounts payable after more than one year | 17 | €217,653 | €204,932 | -€12,720 | -5.8% |
| Financial debts | 170/4 | €217,653 | €204,932 | -€12,720 | -5.8% |
| Amounts payable within one year | 42/48 | €318,892 | €247,507 | -€71,385 | -22.4% |
| Current portion of amounts payable after more than one year | 42 | €12,347 | €13,763 | +€1,416 | +11.5% |
| Financial debts | 43 | €95,000 | €0 | -€95,000 | -100.0% |
| Credit institutions | 430/8 | €95,000 | €0 | -€95,000 | -100.0% |
| Trade debts | 44 | €4,237 | €4,498 | +€261 | +6.2% |
| Suppliers | 440/4 | €4,237 | €4,498 | +€261 | +6.2% |
| Taxes, remuneration and social security | 45 | €207,307 | €229,245 | +€21,938 | +10.6% |
| Taxes | 450/3 | €207,307 | €229,245 | +€21,938 | +10.6% |
| Accrued charges and deferred income | 492/3 | €643 | €506 | -€137 | -21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,522 | €13,981 | -€24,541 | -63.7% |
| Other operating charges | 640/8 | €1,034 | €2,274 | +€1,240 | +119.9% |
| Gross operating margin | 9900 | €760,202 | €165,637 | -€594,565 | -78.2% |
| Operating profit (loss) | 9901 | €720,646 | €149,381 | -€571,264 | -79.3% |
| Financial income | 75/76B | €7,180 | €30,773 | +€23,593 | +328.6% |
| Recurring financial income | 75 | €7,180 | €30,773 | +€23,593 | +328.6% |
| Financial charges | 65/66B | €5,526 | €19,019 | +€13,494 | +244.2% |
| Recurring financial charges | 65 | €5,526 | €19,019 | +€13,494 | +244.2% |
| Profit (loss) for the period before taxes | 9903 | €722,300 | €161,135 | -€561,165 | -77.7% |
| Income taxes | 67/77 | €176,557 | €38,580 | -€137,977 | -78.1% |
| Profit (loss) for the period | 9904 | €545,744 | €122,555 | -€423,188 | -77.5% |
| Profit (loss) for the period to be appropriated | 9905 | €545,744 | €122,555 | -€423,188 | -77.5% |
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 8 October 2026 via checked.be.