INDIANA: 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.
INDIANA
Largest movements
- Receivables within one year +€616,109
up €616,109 (+1,241%), from €49,656 to €665,765
of which Trade receivables: +€615,828
- Cash +€9,577
new in 2024: €9,577
mainly Trade debts (+€514,862) and Other debts (+€96,324)
- Trade debts +€514,862
new in 2024: €514,862
- Other debts +€96,324
up €96,324 (+196%), from €49,052 to €145,376
- Tax, wage and social debts +€12,600
new in 2024: €12,600
- Gross operating margin +€3,702
up €3,702, from -€337 to €3,365
- Depreciation -€1,050
no longer reported in 2024 (was €1,050)
- Financial charges +€969
up €969 (+10,838%), from €9 to €978
- Other operating charges +€390
new in 2024: €390
- Staff costs +€98
new in 2024: €98
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 | €49,656 | €675,343 | +€625,686 | +1,260% |
| Current assets | 29/58 | €49,656 | €675,343 | +€625,686 | +1,260% |
| Amounts receivable within one year | 40/41 | €49,656 | €665,765 | +€616,109 | +1,241% |
| Trade receivables | 40 | €49,644 | €665,472 | +€615,828 | +1,240% |
| Other amounts receivable | 41 | €13 | €293 | +€280 | +2,226% |
| Cash at bank and in hand | 54/58 | - | €9,577 | +€9,577 | |
| Total equity and liabilities | 10/49 | €49,656 | €675,343 | +€625,686 | +1,260% |
| Equity | 10/15 | €604 | €2,504 | +€1,899 | +314% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,396 | €504 | +€1,899 | |
| Amounts payable | 17/49 | €49,052 | €672,839 | +€623,787 | +1,272% |
| Amounts payable within one year | 42/48 | €49,052 | €672,839 | +€623,787 | +1,272% |
| Trade debts | 44 | - | €514,862 | +€514,862 | |
| Suppliers | 440/4 | - | €514,862 | +€514,862 | |
| Taxes, remuneration and social security | 45 | - | €12,600 | +€12,600 | |
| Taxes | 450/3 | - | €12,600 | +€12,600 | |
| Other amounts payable | 47/48 | €49,052 | €145,376 | +€96,324 | +196% |
| Remuneration, social security and pensions | 62 | - | €98 | +€98 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,050 | - | -€1,050 | |
| Other operating charges | 640/8 | - | €390 | +€390 | |
| Gross operating margin | 9900 | -€337 | €3,365 | +€3,702 | |
| Operating profit (loss) | 9901 | -€1,387 | €2,877 | +€4,264 | |
| Financial charges | 65/66B | €9 | €978 | +€969 | +10,838% |
| Recurring financial charges | 65 | €9 | €978 | +€969 | +10,838% |
| Profit (loss) for the period before taxes | 9903 | -€1,396 | €1,899 | +€3,295 | |
| Profit (loss) for the period | 9904 | -€1,396 | €1,899 | +€3,295 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,396 | €1,899 | +€3,295 |
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 26 October 2026 via checked.be.