L'IN & DI: what changed
L'IN & DI
Largest movements
- Cash -€17,730
down €17,730 (-80.3%), from €22,079 to €4,349
mainly Net result for the year (-€16,078) and Debts after one year (-€15,786)
- Intangible fixed assets -€10,000
down €10,000 (-21.8%), from €45,833 to €35,833
- Tangible fixed assets -€4,330
down €4,330 (-30.4%), from €14,228 to €9,898
- Receivables within one year -€2,639
down €2,639 (-48.4%), from €5,453 to €2,814
- Deferred charges and accrued income +€2,165
new in 2025: €2,165
- Profit (loss) carried forward -€16,078
down €16,078, from €3,413 to -€12,665
- Debts after one year -€15,786
down €15,786 (-79.3%), from €19,907 to €4,121
- Other debts +€3,367
up €3,367 (+83.0%), from €4,054 to €7,421
- Tax, wage and social debts -€3,039
down €3,039 (-41.7%), from €7,291 to €4,252
of which Taxes: -€2,239
- Trade debts -€1,857
down €1,857 (-21.6%), from €8,587 to €6,730
- Gross operating margin -€7,185
down €7,185 (-62.5%), from €11,500 to €4,315
- Other operating charges -€382
down €382 (-22.5%), from €1,698 to €1,315
- Staff costs +€281
up €281 (+25.4%), from €1,105 to €1,385
- Financial charges -€211
down €211 (-6.6%), from €3,184 to €2,974
- Depreciation +€184
up €184 (+1.3%), from €14,146 to €14,330
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €89,416 | €56,490 | -€32,926 | -36.8% |
| Fixed assets | 21/28 | €60,357 | €45,782 | -€14,576 | -24.1% |
| Intangible fixed assets | 21 | €45,833 | €35,833 | -€10,000 | -21.8% |
| Tangible fixed assets | 22/27 | €14,228 | €9,898 | -€4,330 | -30.4% |
| Furniture and vehicles | 24 | €14,228 | €9,898 | -€4,330 | -30.4% |
| Financial fixed assets | 28 | €296 | €50 | -€246 | -83.1% |
| Current assets | 29/58 | €29,058 | €10,708 | -€18,350 | -63.1% |
| Stocks and contracts in progress | 3 | €1,526 | €1,380 | -€146 | -9.6% |
| Stocks | 30/36 | €1,526 | €1,380 | -€146 | -9.6% |
| Amounts receivable within one year | 40/41 | €5,453 | €2,814 | -€2,639 | -48.4% |
| Trade receivables | 40 | €5,453 | €2,814 | -€2,639 | -48.4% |
| Cash at bank and in hand | 54/58 | €22,079 | €4,349 | -€17,730 | -80.3% |
| Deferred charges and accrued income | 490/1 | - | €2,165 | +€2,165 | |
| Total equity and liabilities | 10/49 | €89,416 | €56,490 | -€32,926 | -36.8% |
| Equity | 10/15 | €33,413 | €17,335 | -€16,078 | -48.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,413 | -€12,665 | -€16,078 | |
| Amounts payable | 17/49 | €56,002 | €39,155 | -€16,847 | -30.1% |
| Amounts payable after more than one year | 17 | €19,907 | €4,121 | -€15,786 | -79.3% |
| Financial debts | 170/4 | €19,907 | €4,121 | -€15,786 | -79.3% |
| Amounts payable within one year | 42/48 | €36,095 | €35,034 | -€1,061 | -2.9% |
| Financial debts | 43 | €16,163 | €16,631 | +€468 | +2.9% |
| Credit institutions | 430/8 | €16,163 | €16,631 | +€468 | +2.9% |
| Trade debts | 44 | €8,587 | €6,730 | -€1,857 | -21.6% |
| Suppliers | 440/4 | €8,587 | €6,730 | -€1,857 | -21.6% |
| Taxes, remuneration and social security | 45 | €7,291 | €4,252 | -€3,039 | -41.7% |
| Taxes | 450/3 | €5,491 | €3,252 | -€2,239 | -40.8% |
| Remuneration and social security | 454/9 | €1,800 | €1,000 | -€800 | -44.4% |
| Other amounts payable | 47/48 | €4,054 | €7,421 | +€3,367 | +83.0% |
| Remuneration, social security and pensions | 62 | €1,105 | €1,385 | +€281 | +25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,146 | €14,330 | +€184 | +1.3% |
| Other operating charges | 640/8 | €1,698 | €1,315 | -€382 | -22.5% |
| Gross operating margin | 9900 | €11,500 | €4,315 | -€7,185 | -62.5% |
| Operating profit (loss) | 9901 | -€5,448 | -€12,716 | -€7,267 | -133% |
| Financial charges | 65/66B | €3,184 | €2,974 | -€211 | -6.6% |
| Recurring financial charges | 65 | €3,184 | €2,974 | -€211 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,633 | -€15,690 | -€7,057 | -81.7% |
| Income taxes | 67/77 | €347 | €389 | +€41 | +11.9% |
| Profit (loss) for the period | 9904 | -€8,980 | -€16,078 | -€7,098 | -79.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,980 | -€16,078 | -€7,098 | -79.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.