INDALOGIC: what changed
Two financial 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.
INDALOGIC
Largest movements
- Tangible fixed assets +€4,955
up €4,955 (+161.5%), from €3,068 to €8,024
of which Other tangible fixed assets: +€6,510
- Cash +€1,153
up €1,153 (+8.2%), from €14,014 to €15,167
mainly Other debts (+€8,158) and Trade debts (+€7,249)
- Deferred charges and accrued income +€400
new in 2025: €400
- Other debts +€8,158
up €8,158 (+2854.4%), from €286 to €8,444
- Trade debts +€7,249
up €7,249 (+280.7%), from €2,582 to €9,831
- Tax, wage and social debts -€5,154
down €5,154 (-55.1%), from €9,361 to €4,206
of which Taxes: -€5,154
- Profit (loss) carried forward -€3,744
down €3,744 (-40.4%), from -€9,259 to -€13,003
- Gross operating margin -€1,634
down €1,634 (-42.5%), from €3,847 to €2,214
- Taxes -€556
down €556 (-19.6%), from €2,837 to €2,282
- Depreciation -€553
down €553 (-23.4%), from €2,362 to €1,809
- Other operating charges +€89
up €89 (+5.6%), from €1,587 to €1,677
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 | €17,082 | €23,591 | +€6,508 | +38.1% |
| Fixed assets | 21/28 | €3,068 | €8,024 | +€4,955 | +161.5% |
| Tangible fixed assets | 22/27 | €3,068 | €8,024 | +€4,955 | +161.5% |
| Furniture and vehicles | 24 | €3,068 | €1,514 | -€1,555 | -50.7% |
| Other tangible fixed assets | 26 | - | €6,510 | +€6,510 | |
| Current assets | 29/58 | €14,014 | €15,567 | +€1,553 | +11.1% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €14,014 | €15,167 | +€1,153 | +8.2% |
| Deferred charges and accrued income | 490/1 | - | €400 | +€400 | |
| Total equity and liabilities | 10/49 | €17,082 | €23,591 | +€6,508 | +38.1% |
| Equity | 10/15 | €3,854 | €109 | -€3,744 | -97.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €11,113 | €11,113 | = | 0.0% |
| Distributable reserves | 133 | €11,113 | €11,113 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,259 | -€13,003 | -€3,744 | -40.4% |
| Amounts payable | 17/49 | €13,229 | €23,481 | +€10,253 | +77.5% |
| Amounts payable within one year | 42/48 | €12,229 | €22,481 | +€10,253 | +83.8% |
| Trade debts | 44 | €2,582 | €9,831 | +€7,249 | +280.7% |
| Suppliers | 440/4 | €2,582 | €9,831 | +€7,249 | +280.7% |
| Taxes, remuneration and social security | 45 | €9,361 | €4,206 | -€5,154 | -55.1% |
| Taxes | 450/3 | €9,361 | €4,206 | -€5,154 | -55.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €286 | €8,444 | +€8,158 | +2854.4% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,362 | €1,809 | -€553 | -23.4% |
| Other operating charges | 640/8 | €1,587 | €1,677 | +€89 | +5.6% |
| Gross operating margin | 9900 | €3,847 | €2,214 | -€1,634 | -42.5% |
| Operating profit (loss) | 9901 | -€101 | -€1,272 | -€1,170 | -1154.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €180 | €191 | +€11 | +5.9% |
| Recurring financial charges | 65 | €180 | €191 | +€11 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | -€282 | -€1,463 | -€1,181 | -419.4% |
| Income taxes | 67/77 | €2,837 | €2,282 | -€556 | -19.6% |
| Profit (loss) for the period | 9904 | -€3,119 | -€3,744 | -€625 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,119 | -€3,744 | -€625 | -20.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.