INDA Vending: what changed
INDA Vending
Largest movements
- Stocks and contracts +€249,841
up €249,841 (+67.3%), from €371,102 to €620,943
- Current investments +€115,926
up €115,926 (+57.5%), from €201,563 to €317,489
- Receivables within one year -€102,718
down €102,718 (-32.8%), from €312,946 to €210,227
of which Trade receivables: -€117,751
- Tangible fixed assets +€68,075
up €68,075 (+146%), from €46,558 to €114,634
of which Land and buildings: +€52,412
- Cash -€47,090
down €47,090 (-69.7%), from €67,526 to €20,436
mainly Stocks and contracts (-€249,841) and Current investments (-€115,926)
- Reserves +€213,842
up €213,842 (+24.9%), from €858,666 to €1.1m
of which Distributable reserves: +€213,842
- Trade debts +€91,468
up €91,468 (+2,377%), from €3,849 to €95,316
- Tax, wage and social debts -€38,698
down €38,698 (-28.9%), from €133,712 to €95,014
of which Taxes: -€39,855
- Gross operating margin -€27,056
down €27,056 (-3.6%), from €750,184 to €723,128
- Write-downs -€19,886
down €19,886, from €10,378 to -€9,508
- Taxes -€11,118
down €11,118 (-8.3%), from €133,532 to €122,414
- Depreciation +€10,082
up €10,082 (+37.1%), from €27,177 to €37,260
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 | €1,019,695 | €1,287,266 | +€267,571 | +26.2% |
| Fixed assets | 21/28 | €46,558 | €114,634 | +€68,075 | +146% |
| Tangible fixed assets | 22/27 | €46,558 | €114,634 | +€68,075 | +146% |
| Land and buildings | 22 | €10,648 | €63,060 | +€52,412 | +492% |
| Plant, machinery and equipment | 23 | €10,725 | €3,763 | -€6,961 | -64.9% |
| Furniture and vehicles | 24 | €25,185 | €47,810 | +€22,625 | +89.8% |
| Current assets | 29/58 | €973,137 | €1,172,632 | +€199,495 | +20.5% |
| Stocks and contracts in progress | 3 | €371,102 | €620,943 | +€249,841 | +67.3% |
| Stocks | 30/36 | €371,102 | €620,943 | +€249,841 | +67.3% |
| Amounts receivable within one year | 40/41 | €312,946 | €210,227 | -€102,718 | -32.8% |
| Trade receivables | 40 | €312,644 | €194,893 | -€117,751 | -37.7% |
| Other amounts receivable | 41 | €302 | €15,335 | +€15,033 | +4,982% |
| Current investments | 50/53 | €201,563 | €317,489 | +€115,926 | +57.5% |
| Cash at bank and in hand | 54/58 | €67,526 | €20,436 | -€47,090 | -69.7% |
| Deferred charges and accrued income | 490/1 | €20,000 | €3,537 | -€16,463 | -82.3% |
| Total equity and liabilities | 10/49 | €1,019,695 | €1,287,266 | +€267,571 | +26.2% |
| Equity | 10/15 | €868,666 | €1,082,507 | +€213,842 | +24.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €858,666 | €1,072,507 | +€213,842 | +24.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €23,750 | €23,750 | = | 0.0% |
| Distributable reserves | 133 | €834,916 | €1,048,757 | +€213,842 | +25.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €151,029 | €204,759 | +€53,729 | +35.6% |
| Amounts payable within one year | 42/48 | €151,029 | €204,273 | +€53,244 | +35.3% |
| Financial debts | 43 | - | €1,213 | +€1,213 | |
| Credit institutions | 430/8 | - | €1,213 | +€1,213 | |
| Trade debts | 44 | €3,849 | €95,316 | +€91,468 | +2,377% |
| Suppliers | 440/4 | €3,849 | €95,316 | +€91,468 | +2,377% |
| Taxes, remuneration and social security | 45 | €133,712 | €95,014 | -€38,698 | -28.9% |
| Taxes | 450/3 | €103,783 | €63,928 | -€39,855 | -38.4% |
| Remuneration and social security | 454/9 | €29,929 | €31,086 | +€1,156 | +3.9% |
| Other amounts payable | 47/48 | €13,468 | €12,730 | -€739 | -5.5% |
| Accrued charges and deferred income | 492/3 | - | €485 | +€485 | |
| Remuneration, social security and pensions | 62 | €289,742 | €292,196 | +€2,455 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,177 | €37,260 | +€10,082 | +37.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,378 | -€9,508 | -€19,886 | |
| Other operating charges | 640/8 | €3,718 | €6,254 | +€2,536 | +68.2% |
| Gross operating margin | 9900 | €750,184 | €723,128 | -€27,056 | -3.6% |
| Operating profit (loss) | 9901 | €419,170 | €396,927 | -€22,243 | -5.3% |
| Financial income | 75/76B | €2,163 | €1,895 | -€268 | -12.4% |
| Recurring financial income | 75 | €2,163 | €1,895 | -€268 | -12.4% |
| Financial charges | 65/66B | €139 | €946 | +€807 | +582% |
| Recurring financial charges | 65 | €139 | €946 | +€807 | +582% |
| Profit (loss) for the period before taxes | 9903 | €421,194 | €397,876 | -€23,318 | -5.5% |
| Income taxes | 67/77 | €133,532 | €122,414 | -€11,118 | -8.3% |
| Profit (loss) for the period | 9904 | €287,662 | €275,462 | -€12,200 | -4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €287,662 | €275,462 | -€12,200 | -4.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.