One Inch Whale: what changed
One Inch Whale
Largest movements
- Tangible fixed assets +€571,428
up €571,428 (+7,515%), from €7,604 to €579,031
of which Land and buildings: +€574,479
- Receivables within one year +€223,777
up €223,777 (+127%), from €175,779 to €399,556
of which Trade receivables: +€230,247
- Cash +€79,152
up €79,152 (+129%), from €61,174 to €140,327
mainly Debts after one year (+€449,923) and Depreciation (+€133,477)
- Intangible fixed assets -€60,905
down €60,905 (-58.6%), from €103,875 to €42,970
- Financial fixed assets +€26,440
up €26,440 (+8.8%), from €300,000 to €326,440
- Debts after one year +€449,923
up €449,923 (+272%), from €165,368 to €615,290
- Trade debts +€105,685
up €105,685 (+70.2%), from €150,604 to €256,289
- Accrued charges and deferred income +€105,402
up €105,402 (+192%), from €55,000 to €160,402
- Tax, wage and social debts +€68,952
up €68,952 (+265%), from €26,009 to €94,961
of which Taxes: +€35,682
- Current portion of long-term debt +€58,231
up €58,231 (+103%), from €56,269 to €114,501
- Gross operating margin +€198,243
up €198,243 (+86.3%), from €229,766 to €428,010
- Staff costs +€125,019
up €125,019 (+87.3%), from €143,234 to €268,253
- Depreciation +€69,839
up €69,839 (+110%), from €63,639 to €133,477
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 | €650,073 | €1,489,656 | +€839,583 | +129% |
| Fixed assets | 21/28 | €411,478 | €948,441 | +€536,962 | +130% |
| Intangible fixed assets | 21 | €103,875 | €42,970 | -€60,905 | -58.6% |
| Tangible fixed assets | 22/27 | €7,604 | €579,031 | +€571,428 | +7,515% |
| Land and buildings | 22 | - | €574,479 | +€574,479 | |
| Plant, machinery and equipment | 23 | €3,285 | €1,816 | -€1,470 | -44.7% |
| Furniture and vehicles | 24 | €4,319 | €2,737 | -€1,582 | -36.6% |
| Financial fixed assets | 28 | €300,000 | €326,440 | +€26,440 | +8.8% |
| Current assets | 29/58 | €238,595 | €541,215 | +€302,621 | +127% |
| Amounts receivable within one year | 40/41 | €175,779 | €399,556 | +€223,777 | +127% |
| Trade receivables | 40 | €169,081 | €399,328 | +€230,247 | +136% |
| Other amounts receivable | 41 | €6,698 | €228 | -€6,470 | -96.6% |
| Cash at bank and in hand | 54/58 | €61,174 | €140,327 | +€79,152 | +129% |
| Deferred charges and accrued income | 490/1 | €1,641 | €1,332 | -€309 | -18.8% |
| Total equity and liabilities | 10/49 | €650,073 | €1,489,656 | +€839,583 | +129% |
| Equity | 10/15 | €96,791 | €97,989 | +€1,198 | +1.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €80,000 | €80,000 | = | 0.0% |
| Distributable reserves | 133 | €80,000 | €80,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,791 | €7,989 | +€1,198 | +17.6% |
| Amounts payable | 17/49 | €553,282 | €1,391,667 | +€838,385 | +152% |
| Amounts payable after more than one year | 17 | €165,368 | €615,290 | +€449,923 | +272% |
| Financial debts | 170/4 | €165,368 | €615,290 | +€449,923 | +272% |
| Amounts payable within one year | 42/48 | €332,914 | €615,975 | +€283,061 | +85.0% |
| Current portion of amounts payable after more than one year | 42 | €56,269 | €114,501 | +€58,231 | +103% |
| Financial debts | 43 | €100,000 | €150,000 | +€50,000 | +50.0% |
| Credit institutions | 430/8 | €100,000 | €150,000 | +€50,000 | +50.0% |
| Trade debts | 44 | €150,604 | €256,289 | +€105,685 | +70.2% |
| Suppliers | 440/4 | €150,604 | €256,289 | +€105,685 | +70.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €26,009 | €94,961 | +€68,952 | +265% |
| Taxes | 450/3 | €7,738 | €43,420 | +€35,682 | +461% |
| Remuneration and social security | 454/9 | €18,271 | €51,541 | +€33,270 | +182% |
| Other amounts payable | 47/48 | €32 | €225 | +€193 | +603% |
| Accrued charges and deferred income | 492/3 | €55,000 | €160,402 | +€105,402 | +192% |
| Remuneration, social security and pensions | 62 | €143,234 | €268,253 | +€125,019 | +87.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,639 | €133,477 | +€69,839 | +110% |
| Other operating charges | 640/8 | €581 | €2,633 | +€2,052 | +353% |
| Gross operating margin | 9900 | €229,766 | €428,010 | +€198,243 | +86.3% |
| Operating profit (loss) | 9901 | €22,313 | €23,646 | +€1,334 | +6.0% |
| Financial income | 75/76B | €382 | €141 | -€242 | -63.2% |
| Recurring financial income | 75 | €382 | €141 | -€242 | -63.2% |
| Financial charges | 65/66B | €17,492 | €17,807 | +€315 | +1.8% |
| Recurring financial charges | 65 | €17,492 | €17,807 | +€315 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €5,203 | €5,980 | +€777 | +14.9% |
| Income taxes | 67/77 | €3,007 | €4,782 | +€1,776 | +59.1% |
| Profit (loss) for the period | 9904 | €2,196 | €1,198 | -€998 | -45.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,196 | €1,198 | -€998 | -45.5% |
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 3 November 2026 via checked.be.