INDERTIJD: 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.
What changed
INDERTIJD
NACE 31.004, Manufacture of dining room, living room, bedroom and bathroom furniture
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€3,197
2024 · -€4,461+€1,264
Equity
€208,419
2024 · €211,616-€3,197
Cash
€4,987
2024 · €14,147-€9,160
Balance sheet total
€995,703
2024 · €1.0m-€25,647
Largest movements
Assets
- Tangible fixed assets -€20,476
down €20,476 (-2.3%), from €897,784 to €877,308
of which Land and buildings: -€12,447
Equity and liabilities
- Trade debts -€70,226
down €70,226 (-98.1%), from €71,586 to €1,360
- Other debts +€58,961
up €58,961 (+8.5%), from €696,282 to €755,243
Income statement
- Gross operating margin +€6,917
up €6,917 (+24.1%), from €28,671 to €35,588
- Financial income -€4,946
down €4,946 (-100.0%), from €4,946 to €0
- Depreciation +€2,100
up €2,100 (+6.6%), from €31,938 to €34,038
- Other operating charges -€941
down €941 (-25.7%), from €3,660 to €2,719
- Financial charges -€452
down €452 (-18.2%), from €2,481 to €2,029
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.
Result 2024
-€4,461
Gross operating margin
+€6,917
Depreciation
-€2,100
Other operating charges
+€941
Financial income
-€4,946
Financial charges
+€452
Result 2025
-€3,197
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.
From operations
+€13,296
Investment
-€13,562
Financing
-€8,894
Cash 2024
€14,147
From operations (derived)
+€13,296
Net result for the year
-€3,197
Depreciation
+€34,038
Stocks and contracts
+€3,590
Receivables within one year
-€4,809
Deferred charges and accrued income
-€2,770
Trade debts
-€70,226
Tax, wage and social debts
-€2,638
Other debts
+€58,961
Accrued charges and deferred income
+€347
Investment (derived)
-€13,562
Investment in fixed assets (net)
-€13,562
Financing
-€8,894
Debts after one year
-€9,266
Current portion of long-term debt
+€373
Cash 2025
€4,987
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,021,350 | €995,703 | -€25,647 | -2.5% |
| Fixed assets | 21/28 | €897,784 | €877,308 | -€20,476 | -2.3% |
| Tangible fixed assets | 22/27 | €897,784 | €877,308 | -€20,476 | -2.3% |
| Land and buildings | 22 | €537,652 | €525,205 | -€12,447 | -2.3% |
| Plant, machinery and equipment | 23 | €2,412 | €0 | -€2,412 | -100.0% |
| Furniture and vehicles | 24 | €6,574 | €4,814 | -€1,760 | -26.8% |
| Leasing and similar rights | 25 | €35,657 | €26,375 | -€9,282 | -26.0% |
| Other tangible fixed assets | 26 | €315,489 | €320,914 | +€5,425 | +1.7% |
| Current assets | 29/58 | €123,566 | €118,395 | -€5,171 | -4.2% |
| Stocks and contracts in progress | 3 | €13,060 | €9,470 | -€3,590 | -27.5% |
| Stocks | 30/36 | €13,060 | €9,470 | -€3,590 | -27.5% |
| Amounts receivable within one year | 40/41 | €94,327 | €99,136 | +€4,809 | +5.1% |
| Trade receivables | 40 | €93,520 | €97,897 | +€4,378 | +4.7% |
| Other amounts receivable | 41 | €807 | €1,238 | +€432 | +53.5% |
| Cash at bank and in hand | 54/58 | €14,147 | €4,987 | -€9,160 | -64.7% |
| Deferred charges and accrued income | 490/1 | €2,032 | €4,802 | +€2,770 | +136.3% |
| Total equity and liabilities | 10/49 | €1,021,350 | €995,703 | -€25,647 | -2.5% |
| Equity | 10/15 | €211,616 | €208,419 | -€3,197 | -1.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €193,016 | €189,819 | -€3,197 | -1.7% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €191,156 | €189,819 | -€1,337 | -0.7% |
| Amounts payable | 17/49 | €809,734 | €787,284 | -€22,450 | -2.8% |
| Amounts payable after more than one year | 17 | €28,980 | €19,713 | -€9,266 | -32.0% |
| Financial debts | 170/4 | €28,980 | €19,713 | -€9,266 | -32.0% |
| Amounts payable within one year | 42/48 | €780,755 | €767,224 | -€13,531 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €8,894 | €9,266 | +€373 | +4.2% |
| Trade debts | 44 | €71,586 | €1,360 | -€70,226 | -98.1% |
| Suppliers | 440/4 | €71,586 | €1,360 | -€70,226 | -98.1% |
| Taxes, remuneration and social security | 45 | €3,993 | €1,355 | -€2,638 | -66.1% |
| Taxes | 450/3 | €3,993 | €1,355 | -€2,638 | -66.1% |
| Other amounts payable | 47/48 | €696,282 | €755,243 | +€58,961 | +8.5% |
| Accrued charges and deferred income | 492/3 | - | €347 | +€347 | |
| Non-recurring operating income | 76A | €0 | €9,494 | +€9,494 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,938 | €34,038 | +€2,100 | +6.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €3,660 | €2,719 | -€941 | -25.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €28,671 | €35,588 | +€6,917 | +24.1% |
| Operating profit (loss) | 9901 | -€6,926 | -€1,168 | +€5,758 | +83.1% |
| Financial income | 75/76B | €4,946 | €0 | -€4,946 | -100.0% |
| Recurring financial income | 75 | €4,946 | €0 | -€4,946 | -100.0% |
| Financial charges | 65/66B | €2,481 | €2,029 | -€452 | -18.2% |
| Recurring financial charges | 65 | €2,481 | €2,029 | -€452 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,461 | -€3,197 | +€1,264 | +28.3% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€4,461 | -€3,197 | +€1,264 | +28.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,461 | -€3,197 | +€1,264 | +28.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.