inDeap: 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.
inDeap
Largest movements
- Cash +€154,401
up €154,401 (+80.1%), from €192,874 to €347,276
mainly Net result for the year (+€141,410) and Depreciation (+€107,659)
- Receivables within one year -€61,213
down €61,213 (-68.8%), from €89,034 to €27,821
of which Trade receivables: -€54,164
- Tangible fixed assets -€43,866
down €43,866 (-100%), from €43,866 to €0
- Intangible fixed assets -€19,854
down €19,854 (-10.9%), from €181,449 to €161,595
- Reserves +€141,410
up €141,410 (+60.4%), from €234,272 to €375,681
- Other debts -€100,000
down €100,000 (-100%), from €100,000 to €0
- Debts after one year -€35,105
down €35,105 (-35.0%), from €100,179 to €65,074
- Tax, wage and social debts +€19,670
up €19,670 (+582%), from €3,382 to €23,052
of which Taxes: +€19,670
- Taxes +€45,430
up €45,430 (+244%), from €18,623 to €64,053
- Staff costs -€42,980
down €42,980 (-100%), from €42,980 to €0
- Depreciation +€11,744
up €11,744 (+12.2%), from €95,914 to €107,659
- Gross operating margin +€8,972
up €8,972 (+2.8%), from €325,429 to €334,402
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.
Derived cash bridge
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 | €512,925 | €538,836 | +€25,911 | +5.1% |
| Fixed assets | 21/28 | €225,315 | €161,595 | -€63,720 | -28.3% |
| Intangible fixed assets | 21 | €181,449 | €161,595 | -€19,854 | -10.9% |
| Tangible fixed assets | 22/27 | €43,866 | €0 | -€43,866 | -100% |
| Furniture and vehicles | 24 | €43,866 | €0 | -€43,866 | -100% |
| Current assets | 29/58 | €287,610 | €377,241 | +€89,631 | +31.2% |
| Amounts receivable within one year | 40/41 | €89,034 | €27,821 | -€61,213 | -68.8% |
| Trade receivables | 40 | €74,325 | €20,162 | -€54,164 | -72.9% |
| Other amounts receivable | 41 | €14,709 | €7,660 | -€7,049 | -47.9% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €192,874 | €347,276 | +€154,401 | +80.1% |
| Deferred charges and accrued income | 490/1 | €5,702 | €2,144 | -€3,558 | -62.4% |
| Total equity and liabilities | 10/49 | €512,925 | €538,836 | +€25,911 | +5.1% |
| Equity | 10/15 | €240,472 | €381,881 | +€141,410 | +58.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €234,272 | €375,681 | +€141,410 | +60.4% |
| Distributable reserves | 133 | €234,272 | €375,681 | +€141,410 | +60.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €272,454 | €156,955 | -€115,499 | -42.4% |
| Amounts payable after more than one year | 17 | €100,179 | €65,074 | -€35,105 | -35.0% |
| Financial debts | 170/4 | €100,179 | €65,074 | -€35,105 | -35.0% |
| Amounts payable within one year | 42/48 | €172,198 | €91,881 | -€80,317 | -46.6% |
| Current portion of amounts payable after more than one year | 42 | €33,810 | €35,105 | +€1,296 | +3.8% |
| Financial debts | 43 | €7,083 | €7,544 | +€461 | +6.5% |
| Credit institutions | 430/8 | €7,083 | €7,544 | +€461 | +6.5% |
| Trade debts | 44 | €27,923 | €26,180 | -€1,743 | -6.2% |
| Suppliers | 440/4 | €27,923 | €26,180 | -€1,743 | -6.2% |
| Taxes, remuneration and social security | 45 | €3,382 | €23,052 | +€19,670 | +582% |
| Taxes | 450/3 | €3,382 | €23,052 | +€19,670 | +582% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €100,000 | €0 | -€100,000 | -100% |
| Accrued charges and deferred income | 492/3 | €77 | €0 | -€77 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €42,980 | €0 | -€42,980 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,914 | €107,659 | +€11,744 | +12.2% |
| Other operating charges | 640/8 | €1,560 | €1,277 | -€283 | -18.1% |
| Non-recurring operating charges | 66A | €5,410 | €16,776 | +€11,366 | +210% |
| Gross operating margin | 9900 | €325,429 | €334,402 | +€8,972 | +2.8% |
| Operating profit (loss) | 9901 | €179,564 | €208,690 | +€29,126 | +16.2% |
| Financial income | 75/76B | €5,623 | €3,357 | -€2,265 | -40.3% |
| Recurring financial income | 75 | €5,623 | €3,357 | -€2,265 | -40.3% |
| Financial charges | 65/66B | €7,639 | €6,584 | -€1,054 | -13.8% |
| Recurring financial charges | 65 | €7,639 | €6,584 | -€1,054 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €177,548 | €205,463 | +€27,915 | +15.7% |
| Income taxes | 67/77 | €18,623 | €64,053 | +€45,430 | +244% |
| Profit (loss) for the period | 9904 | €158,925 | €141,410 | -€17,515 | -11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €158,925 | €141,410 | -€17,515 | -11.0% |
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 16 October 2026 via checked.be.