INDIGO CONSTRUCT: 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.
INDIGO CONSTRUCT
Largest movements
- Cash -€40,086
down €40,086 (-99.4%), from €40,318 to €231
mainly Other debts (-€81,872) and Tax, wage and social debts (-€20,446)
- Tangible fixed assets -€16,475
down €16,475 (-30.1%), from €54,645 to €38,170
of which Furniture and vehicles: -€17,519
- Other debts -€81,872
down €81,872 (-49.1%), from €166,706 to €84,834
- Trade debts +€63,095
up €63,095 (+30.6%), from €206,399 to €269,494
- Tax, wage and social debts -€20,446
down €20,446 (-43.6%), from €46,944 to €26,497
- Debts after one year -€14,681
down €14,681 (-78.5%), from €18,700 to €4,019
- Current portion of long-term debt -€8,280
down €8,280 (-36.1%), from €22,960 to €14,681
- Staff costs +€41,626
new in 2025: €41,626
- Depreciation -€10,398
down €10,398 (-24.0%), from €43,271 to €32,874
- Taxes -€1,799
down €1,799 (-50.0%), from €3,600 to €1,801
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 | €494,877 | €432,927 | -€61,950 | -12.5% |
| Fixed assets | 21/28 | €56,966 | €38,170 | -€18,796 | -33.0% |
| Intangible fixed assets | 21 | €2,321 | - | -€2,321 | |
| Tangible fixed assets | 22/27 | €54,645 | €38,170 | -€16,475 | -30.1% |
| Plant, machinery and equipment | 23 | €22,003 | €23,046 | +€1,043 | +4.7% |
| Furniture and vehicles | 24 | €32,643 | €15,124 | -€17,519 | -53.7% |
| Current assets | 29/58 | €437,911 | €394,757 | -€43,154 | -9.9% |
| Stocks and contracts in progress | 3 | €23,500 | €23,500 | = | 0.0% |
| Stocks | 30/36 | €23,500 | €23,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €371,239 | €371,025 | -€213 | -0.1% |
| Trade receivables | 40 | €369,839 | €368,025 | -€1,813 | -0.5% |
| Other amounts receivable | 41 | €1,400 | €3,000 | +€1,600 | +114% |
| Cash at bank and in hand | 54/58 | €40,318 | €231 | -€40,086 | -99.4% |
| Deferred charges and accrued income | 490/1 | €2,855 | - | -€2,855 | |
| Total equity and liabilities | 10/49 | €494,877 | €432,927 | -€61,950 | -12.5% |
| Equity | 10/15 | €33,168 | €33,402 | +€233 | +0.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,108 | €25,342 | +€233 | +0.9% |
| Amounts payable | 17/49 | €461,709 | €399,525 | -€62,184 | -13.5% |
| Amounts payable after more than one year | 17 | €18,700 | €4,019 | -€14,681 | -78.5% |
| Financial debts | 170/4 | €18,700 | €4,019 | -€14,681 | -78.5% |
| Amounts payable within one year | 42/48 | €443,009 | €395,506 | -€47,503 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €22,960 | €14,681 | -€8,280 | -36.1% |
| Trade debts | 44 | €206,399 | €269,494 | +€63,095 | +30.6% |
| Suppliers | 440/4 | €206,399 | €269,494 | +€63,095 | +30.6% |
| Taxes, remuneration and social security | 45 | €46,944 | €26,497 | -€20,446 | -43.6% |
| Taxes | 450/3 | €46,944 | €26,497 | -€20,446 | -43.6% |
| Other amounts payable | 47/48 | €166,706 | €84,834 | -€81,872 | -49.1% |
| Remuneration, social security and pensions | 62 | - | €41,626 | +€41,626 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,271 | €32,874 | -€10,398 | -24.0% |
| Other operating charges | 640/8 | €3,167 | €2,577 | -€591 | -18.6% |
| Gross operating margin | 9900 | €80,637 | €79,996 | -€642 | -0.8% |
| Operating profit (loss) | 9901 | €34,198 | €2,919 | -€31,279 | -91.5% |
| Financial income | 75/76B | €0 | €14 | +€14 | +11,433% |
| Recurring financial income | 75 | €0 | €14 | +€14 | +11,433% |
| Financial charges | 65/66B | €1,301 | €899 | -€402 | -30.9% |
| Recurring financial charges | 65 | €1,301 | €899 | -€402 | -30.9% |
| Profit (loss) for the period before taxes | 9903 | €32,898 | €2,034 | -€30,863 | -93.8% |
| Income taxes | 67/77 | €3,600 | €1,801 | -€1,799 | -50.0% |
| Profit (loss) for the period | 9904 | €29,298 | €233 | -€29,064 | -99.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,298 | €233 | -€29,064 | -99.2% |
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 15 October 2026 via checked.be.