L'INCROYABLE: 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.
L'INCROYABLE
Largest movements
- Cash +€2,043
up €2,043 (+95.8%), from €2,133 to €4,176
mainly Net result for the year (+€5,356) and Stocks and contracts (+€1,509)
- Stocks and contracts -€1,509
down €1,509 (-42.8%), from €3,529 to €2,020
- Receivables within one year +€252
up €252 (+162.9%), from €154 to €406
- Profit (loss) carried forward +€5,356
up €5,356 (+37.9%), from -€14,127 to -€8,771
- Tax, wage and social debts -€3,787
down €3,787 (-77.9%), from €4,859 to €1,072
of which Remuneration and social security: -€4,017
- Other debts -€1,000
down €1,000 (-50.0%), from €2,000 to €1,000
- Trade debts +€217
up €217 (+31.7%), from €684 to €901
- Staff costs -€4,470
down €4,470 (-30.7%), from €14,568 to €10,098
- Gross operating margin -€3,894
down €3,894 (-19.1%), from €20,431 to €16,537
- Other operating charges +€1,038
new in 2025: €1,038
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 | €5,817 | €6,602 | +€786 | +13.5% |
| Current assets | 29/58 | €5,817 | €6,602 | +€786 | +13.5% |
| Stocks and contracts in progress | 3 | €3,529 | €2,020 | -€1,509 | -42.8% |
| Stocks | 30/36 | €3,529 | €2,020 | -€1,509 | -42.8% |
| Amounts receivable within one year | 40/41 | €154 | €406 | +€252 | +162.9% |
| Other amounts receivable | 41 | €154 | €406 | +€252 | +162.9% |
| Cash at bank and in hand | 54/58 | €2,133 | €4,176 | +€2,043 | +95.8% |
| Total equity and liabilities | 10/49 | €5,817 | €6,602 | +€786 | +13.5% |
| Equity | 10/15 | -€1,727 | €3,629 | +€5,356 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,127 | -€8,771 | +€5,356 | +37.9% |
| Amounts payable | 17/49 | €7,543 | €2,973 | -€4,570 | -60.6% |
| Amounts payable within one year | 42/48 | €7,543 | €2,973 | -€4,570 | -60.6% |
| Trade debts | 44 | €684 | €901 | +€217 | +31.7% |
| Suppliers | 440/4 | €684 | €901 | +€217 | +31.7% |
| Taxes, remuneration and social security | 45 | €4,859 | €1,072 | -€3,787 | -77.9% |
| Taxes | 450/3 | - | €231 | +€231 | |
| Remuneration and social security | 454/9 | €4,859 | €842 | -€4,017 | -82.7% |
| Other amounts payable | 47/48 | €2,000 | €1,000 | -€1,000 | -50.0% |
| Remuneration, social security and pensions | 62 | €14,568 | €10,098 | -€4,470 | -30.7% |
| Other operating charges | 640/8 | - | €1,038 | +€1,038 | |
| Gross operating margin | 9900 | €20,431 | €16,537 | -€3,894 | -19.1% |
| Operating profit (loss) | 9901 | €5,863 | €5,401 | -€462 | -7.9% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €5,818 | €5,356 | -€462 | -7.9% |
| Profit (loss) for the period | 9904 | €5,818 | €5,356 | -€462 | -7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,818 | €5,356 | -€462 | -7.9% |
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 12 October 2026 via checked.be.