L'INFERENCE FISCALE: what changed
What changed
L'INFERENCE FISCALE
NACE 69.201, Certified accountants and tax accountants
filed annual accounts (NBB)
Net result for the year
-€30,817
2024 · €2,444-€33,261
Equity
€65,777
2024 · €96,594-€30,817
Cash
€29,469
2024 · €56,305-€26,836
Balance sheet total
€538,616
2024 · €594,609-€55,993
Largest movements
Assets
- Tangible fixed assets -€36,701
down €36,701 (-9.9%), from €372,155 to €335,453
of which Land and buildings: -€32,212
- Cash -€26,836
down €26,836 (-47.7%), from €56,305 to €29,469
mainly Debts after one year (-€31,039) and Net result for the year (-€30,817)
- Deferred charges and accrued income +€24,909
up €24,909 (+7,351%), from €339 to €25,248
- Receivables within one year -€17,365
down €17,365 (-20.1%), from €86,311 to €68,946
of which Other amounts receivable: -€14,719
Equity and liabilities
- Debts after one year -€31,039
down €31,039 (-11.2%), from €277,517 to €246,478
- Profit (loss) carried forward -€30,817
down €30,817 (-40.5%), from €76,134 to €45,317
Income statement
- Gross operating margin -€30,973
down €30,973 (-19.0%), from €163,225 to €132,253
- Turnover -€19,046
down €19,046 (-9.4%), from €202,789 to €183,743
- Purchases and services +€15,088
up €15,088 (+22.7%), from €66,540 to €81,628
- Staff costs +€6,900
up €6,900 (+6.4%), from €107,546 to €114,445
- Taxes -€2,931
down €2,931, from €2,841 to -€89
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.
Result 2024
€2,444
Gross operating margin
-€30,973
Staff costs
-€6,900
Depreciation
-€589
Other operating charges
-€79
Other operating items
+€4
Financial income
-€45
Financial charges
+€2,390
Taxes
+€2,931
Result 2025
-€30,817
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€3,485
Investment
€0
Financing
-€30,321
Cash 2024
€56,305
From operations (derived)
+€3,485
Net result for the year
-€30,817
Depreciation
+€36,701
Receivables within one year
+€17,365
Deferred charges and accrued income
-€24,909
Tax, wage and social debts
+€5,145
Financing
-€30,321
Debts after one year
-€31,039
Current portion of long-term debt
+€718
Cash 2025
€29,469
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €594,609 | €538,616 | -€55,993 | -9.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €404,155 | €367,453 | -€36,701 | -9.1% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €372,155 | €335,453 | -€36,701 | -9.9% |
| Land and buildings | 22 | €346,630 | €314,418 | -€32,212 | -9.3% |
| Plant, machinery and equipment | 23 | €845 | €422 | -€422 | -50.0% |
| Furniture and vehicles | 24 | €10,859 | €6,793 | -€4,066 | -37.4% |
| Other tangible fixed assets | 26 | €13,820 | €13,820 | = | 0.0% |
| Financial fixed assets | 28 | €32,000 | €32,000 | = | 0.0% |
| Current assets | 29/58 | €190,455 | €171,163 | -€19,292 | -10.1% |
| Amounts receivable after more than one year | 29 | €47,500 | €47,500 | = | 0.0% |
| Trade receivables | 290 | €47,500 | €47,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €86,311 | €68,946 | -€17,365 | -20.1% |
| Trade receivables | 40 | €71,592 | €68,946 | -€2,646 | -3.7% |
| Other amounts receivable | 41 | €14,719 | €0 | -€14,719 | -100% |
| Cash at bank and in hand | 54/58 | €56,305 | €29,469 | -€26,836 | -47.7% |
| Deferred charges and accrued income | 490/1 | €339 | €25,248 | +€24,909 | +7,351% |
| Total equity and liabilities | 10/49 | €594,609 | €538,616 | -€55,993 | -9.4% |
| Equity | 10/15 | €96,594 | €65,777 | -€30,817 | -31.9% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,134 | €45,317 | -€30,817 | -40.5% |
| Amounts payable | 17/49 | €498,015 | €472,839 | -€25,176 | -5.1% |
| Amounts payable after more than one year | 17 | €277,517 | €246,478 | -€31,039 | -11.2% |
| Financial debts | 170/4 | €277,517 | €246,478 | -€31,039 | -11.2% |
| Amounts payable within one year | 42/48 | €220,498 | €226,361 | +€5,864 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | €32,688 | €33,406 | +€718 | +2.2% |
| Financial debts | 43 | €125,000 | €125,000 | = | 0.0% |
| Credit institutions | 430/8 | €125,000 | €125,000 | = | 0.0% |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €37,317 | €42,462 | +€5,145 | +13.8% |
| Taxes | 450/3 | €17,754 | €14,851 | -€2,902 | -16.3% |
| Remuneration and social security | 454/9 | €19,563 | €27,611 | +€8,048 | +41.1% |
| Other amounts payable | 47/48 | €25,493 | €25,493 | = | 0.0% |
| Turnover | 70 | €202,789 | €183,743 | -€19,046 | -9.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €66,540 | €81,628 | +€15,088 | +22.7% |
| Remuneration, social security and pensions | 62 | €107,546 | €114,445 | +€6,900 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,112 | €36,701 | +€589 | +1.6% |
| Other operating charges | 640/8 | €53 | €131 | +€79 | +150% |
| Non-recurring operating charges | 66A | €300 | €296 | -€4 | -1.2% |
| Gross operating margin | 9900 | €163,225 | €132,253 | -€30,973 | -19.0% |
| Operating profit (loss) | 9901 | €19,215 | -€19,321 | -€38,537 | |
| Financial income | 75/76B | €53 | €8 | -€45 | -85.5% |
| Recurring financial income | 75 | €53 | €8 | -€45 | -85.5% |
| Financial charges | 65/66B | €13,983 | €11,593 | -€2,390 | -17.1% |
| Recurring financial charges | 65 | €13,983 | €11,593 | -€2,390 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €5,285 | -€30,907 | -€36,192 | |
| Income taxes | 67/77 | €2,841 | -€89 | -€2,931 | |
| Profit (loss) for the period | 9904 | €2,444 | -€30,817 | -€33,261 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,444 | -€30,817 | -€33,261 |
Next steps
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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 2 November 2026 via checked.be.