INDALI: what changed
Two fiscal 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.
INDALI
Largest movements
- Receivables within one year +€1,423
up €1,423 (+24.0%), from €5,940 to €7,363
of which Other amounts receivable: +€1,423
- Reserves +€1,119
up €1,119 (+1.5%), from €73,887 to €75,007
of which Distributable reserves: +€1,119
- Gross operating margin +€586
up €586 (+48.7%), from -€1,203 to -€617
- Taxes +€175
up €175 (+73.5%), from €239 to €414
- Financial income +€145
up €145 (+5.5%), from €2,618 to €2,763
- Other operating charges +€96
up €96 (+20.8%), from €462 to €558
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 | €80,940 | €82,371 | +€1,431 | +1.8% |
| Current assets | 29/58 | €80,940 | €82,371 | +€1,431 | +1.8% |
| Amounts receivable after more than one year | 29 | €75,000 | €75,000 | = | 0.0% |
| Other amounts receivable | 291 | €75,000 | €75,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,940 | €7,363 | +€1,423 | +24.0% |
| Trade receivables | 40 | €1,331 | €1,331 | = | 0.0% |
| Other amounts receivable | 41 | €4,609 | €6,032 | +€1,423 | +30.9% |
| Cash at bank and in hand | 54/58 | - | €8 | +€8 | |
| Total equity and liabilities | 10/49 | €80,940 | €82,371 | +€1,431 | +1.8% |
| Equity | 10/15 | €80,087 | €81,207 | +€1,119 | +1.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €73,887 | €75,007 | +€1,119 | +1.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €72,027 | €73,147 | +€1,119 | +1.6% |
| Amounts payable | 17/49 | €852 | €1,164 | +€312 | +36.6% |
| Amounts payable within one year | 42/48 | €252 | €414 | +€162 | +64.2% |
| Financial debts | 43 | €14 | - | -€14 | |
| Credit institutions | 430/8 | €14 | - | -€14 | |
| Taxes, remuneration and social security | 45 | €239 | €414 | +€175 | +73.5% |
| Taxes | 450/3 | €239 | €414 | +€175 | +73.5% |
| Accrued charges and deferred income | 492/3 | €600 | €750 | +€150 | +25.0% |
| Other operating charges | 640/8 | €462 | €558 | +€96 | +20.8% |
| Gross operating margin | 9900 | -€1,203 | -€617 | +€586 | +48.7% |
| Operating profit (loss) | 9901 | -€1,665 | -€1,176 | +€490 | +29.4% |
| Financial income | 75/76B | €2,618 | €2,763 | +€145 | +5.5% |
| Recurring financial income | 75 | €2,618 | €2,763 | +€145 | +5.5% |
| Financial charges | 65/66B | €59 | €54 | -€4 | -7.0% |
| Recurring financial charges | 65 | €59 | €54 | -€4 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €894 | €1,533 | +€639 | +71.5% |
| Income taxes | 67/77 | €239 | €414 | +€175 | +73.5% |
| Profit (loss) for the period | 9904 | €656 | €1,119 | +€464 | +70.7% |
| Profit (loss) for the period to be appropriated | 9905 | €656 | €1,119 | +€464 | +70.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.