INSUO: what changed
INSUO
Largest movements
- Receivables within one year -€44,948
down €44,948 (-71.1%), from €63,178 to €18,230
of which Other amounts receivable: -€29,345
- Cash +€21,931
up €21,931 (+1,463%), from €1,499 to €23,430
mainly Receivables within one year (+€44,948) and Other debts (+€36,174)
- Tangible fixed assets -€5,183
down €5,183 (-15.7%), from €32,994 to €27,811
of which Plant, machinery and equipment: -€3,496
- Profit (loss) carried forward -€59,329
no longer reported in 2025 (was €59,329)
- Other debts +€36,174
up €36,174 (+1,859%), from €1,946 to €38,120
- Tax, wage and social debts -€2,674
down €2,674 (-17.8%), from €15,032 to €12,357
of which Taxes: -€2,833
- Trade debts -€2,404
down €2,404 (-94.7%), from €2,537 to €133
- Financial charges +€54,351
up €54,351 (+33,864%), from €161 to €54,512
- Gross operating margin -€16,132
down €16,132 (-19.9%), from €81,103 to €64,971
- Taxes -€14,580
down €14,580 (-91.5%), from €15,940 to €1,360
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 | €115,298 | €87,465 | -€27,833 | -24.1% |
| Fixed assets | 21/28 | €32,994 | €27,811 | -€5,183 | -15.7% |
| Tangible fixed assets | 22/27 | €32,994 | €27,811 | -€5,183 | -15.7% |
| Plant, machinery and equipment | 23 | €24,388 | €20,891 | -€3,496 | -14.3% |
| Furniture and vehicles | 24 | €8,606 | €6,920 | -€1,686 | -19.6% |
| Current assets | 29/58 | €82,304 | €59,654 | -€22,650 | -27.5% |
| Amounts receivable within one year | 40/41 | €63,178 | €18,230 | -€44,948 | -71.1% |
| Trade receivables | 40 | €31,636 | €16,033 | -€15,603 | -49.3% |
| Other amounts receivable | 41 | €31,542 | €2,197 | -€29,345 | -93.0% |
| Current investments | 50/53 | €17,500 | €17,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,499 | €23,430 | +€21,931 | +1,463% |
| Deferred charges and accrued income | 490/1 | €127 | €494 | +€368 | +290% |
| Total equity and liabilities | 10/49 | €115,298 | €87,465 | -€27,833 | -24.1% |
| Equity | 10/15 | €95,784 | €36,455 | -€59,329 | -61.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €17,855 | €17,855 | = | 0.0% |
| Distributable reserves | 133 | €17,855 | €17,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,329 | - | -€59,329 | |
| Amounts payable | 17/49 | €19,514 | €51,010 | +€31,496 | +161% |
| Amounts payable within one year | 42/48 | €19,514 | €50,611 | +€31,096 | +159% |
| Trade debts | 44 | €2,537 | €133 | -€2,404 | -94.7% |
| Suppliers | 440/4 | €2,537 | €133 | -€2,404 | -94.7% |
| Taxes, remuneration and social security | 45 | €15,032 | €12,357 | -€2,674 | -17.8% |
| Taxes | 450/3 | €12,128 | €9,295 | -€2,833 | -23.4% |
| Remuneration and social security | 454/9 | €2,904 | €3,063 | +€159 | +5.5% |
| Other amounts payable | 47/48 | €1,946 | €38,120 | +€36,174 | +1,859% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,781 | €7,147 | +€367 | +5.4% |
| Other operating charges | 640/8 | €1,091 | €1,006 | -€84 | -7.7% |
| Non-recurring operating charges | 66A | €40 | - | -€40 | |
| Gross operating margin | 9900 | €81,103 | €64,971 | -€16,132 | -19.9% |
| Operating profit (loss) | 9901 | €73,191 | €56,817 | -€16,374 | -22.4% |
| Financial income | 75/76B | €2,238 | €2,523 | +€285 | +12.8% |
| Recurring financial income | 75 | €2,238 | €2,523 | +€285 | +12.8% |
| Financial charges | 65/66B | €161 | €54,512 | +€54,351 | +33,864% |
| Recurring financial charges | 65 | €161 | €54,512 | +€54,351 | +33,864% |
| Profit (loss) for the period before taxes | 9903 | €75,269 | €4,829 | -€70,440 | -93.6% |
| Income taxes | 67/77 | €15,940 | €1,360 | -€14,580 | -91.5% |
| Profit (loss) for the period | 9904 | €59,329 | €3,469 | -€55,860 | -94.2% |
| Profit (loss) for the period to be appropriated | 9905 | €59,329 | €3,469 | -€55,860 | -94.2% |
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 1 November 2026 via checked.be.