INDELTO: 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.
INDELTO
Largest movements
- Receivables within one year +€13,463
up €13,463 (+622%), from €2,163 to €15,626
of which Trade receivables: +€13,904
- Cash -€6,747
no longer reported in 2024 (was €6,747)
mainly Receivables within one year (-€13,463) and Short-term financial debts (-€1,314)
- Tangible fixed assets -€500
down €500 (-25.6%), from €1,952 to €1,452
- Trade debts +€5,202
up €5,202 (+61.4%), from €8,471 to €13,673
- Profit (loss) carried forward +€1,724
up €1,724 (+3.9%), from -€44,240 to -€42,516
- Short-term financial debts -€1,314
down €1,314 (-39.0%), from €3,369 to €2,055
- Other debts +€374
up €374 (+1.5%), from €24,310 to €24,684
- Gross operating margin +€3,353
up €3,353 (+67,060%), from €5 to €3,358
- Financial income -€681
down €681 (-87.1%), from €782 to €101
- Depreciation -€550
down €550 (-52.4%), from €1,050 to €500
- Other operating charges +€339
up €339 (+153%), from €221 to €560
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,862 | €27,078 | +€6,216 | +29.8% |
| Fixed assets | 21/28 | €1,952 | €1,452 | -€500 | -25.6% |
| Tangible fixed assets | 22/27 | €1,952 | €1,452 | -€500 | -25.6% |
| Plant, machinery and equipment | 23 | €1,952 | €1,452 | -€500 | -25.6% |
| Current assets | 29/58 | €18,910 | €25,626 | +€6,716 | +35.5% |
| Stocks and contracts in progress | 3 | €10,000 | €10,000 | = | 0.0% |
| Stocks | 30/36 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,163 | €15,626 | +€13,463 | +622% |
| Trade receivables | 40 | - | €13,904 | +€13,904 | |
| Other amounts receivable | 41 | €2,163 | €1,722 | -€441 | -20.4% |
| Cash at bank and in hand | 54/58 | €6,747 | - | -€6,747 | |
| Total equity and liabilities | 10/49 | €20,862 | €27,078 | +€6,216 | +29.8% |
| Equity | 10/15 | -€15,518 | -€13,794 | +€1,724 | +11.1% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Capital | 10 | €22,000 | €22,000 | = | 0.0% |
| Issued capital | 100 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €6,722 | €6,722 | = | 0.0% |
| Non-distributable reserves | 130/1 | €722 | €722 | = | 0.0% |
| Legal reserve | 130 | €722 | €722 | = | 0.0% |
| Distributable reserves | 133 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,240 | -€42,516 | +€1,724 | +3.9% |
| Amounts payable | 17/49 | €36,380 | €40,872 | +€4,492 | +12.3% |
| Amounts payable within one year | 42/48 | €36,380 | €40,872 | +€4,492 | +12.3% |
| Financial debts | 43 | €3,369 | €2,055 | -€1,314 | -39.0% |
| Credit institutions | 430/8 | €3,369 | €2,055 | -€1,314 | -39.0% |
| Trade debts | 44 | €8,471 | €13,673 | +€5,202 | +61.4% |
| Suppliers | 440/4 | €8,471 | €13,673 | +€5,202 | +61.4% |
| Taxes, remuneration and social security | 45 | €230 | €460 | +€230 | +100% |
| Taxes | 450/3 | €230 | €460 | +€230 | +100% |
| Other amounts payable | 47/48 | €24,310 | €24,684 | +€374 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,050 | €500 | -€550 | -52.4% |
| Other operating charges | 640/8 | €221 | €560 | +€339 | +153% |
| Gross operating margin | 9900 | €5 | €3,358 | +€3,353 | +67,060% |
| Operating profit (loss) | 9901 | -€1,266 | €2,298 | +€3,564 | |
| Financial income | 75/76B | €782 | €101 | -€681 | -87.1% |
| Recurring financial income | 75 | €782 | €101 | -€681 | -87.1% |
| Financial charges | 65/66B | €648 | €675 | +€27 | +4.2% |
| Recurring financial charges | 65 | €648 | €675 | +€27 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,132 | €1,724 | +€2,856 | |
| Profit (loss) for the period | 9904 | -€1,132 | €1,724 | +€2,856 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,132 | €1,724 | +€2,856 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.