Indigo Deco: 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 Deco
Largest movements
- Receivables within one year -€49,029
down €49,029 (-71.9%), from €68,166 to €19,137
of which Trade receivables: -€33,859
- Tangible fixed assets -€14,834
down €14,834 (-43.9%), from €33,808 to €18,975
- Cash -€8,755
down €8,755 (-60.1%), from €14,569 to €5,814
mainly Net result for the year (-€42,293) and Trade debts (-€35,400)
- Intangible fixed assets -€7,000
down €7,000 (-15.2%), from €46,000 to €39,000
- Stocks and contracts -€6,694
down €6,694 (-4.3%), from €155,500 to €148,806
- Profit (loss) carried forward -€42,293
down €42,293 (-16.7%), from -€253,216 to -€295,509
- Trade debts -€35,400
down €35,400 (-8.3%), from €427,502 to €392,102
- Debts after one year -€17,003
down €17,003 (-50.9%), from €33,388 to €16,385
- Tax, wage and social debts +€7,740
up €7,740 (+40.7%), from €19,005 to €26,745
of which Taxes: +€6,936
- Gross operating margin +€40,125
up €40,125 (+69.7%), from €57,543 to €97,668
- Depreciation -€8,050
down €8,050 (-26.9%), from €29,883 to €21,834
- Staff costs +€6,515
up €6,515 (+6.1%), from €107,069 to €113,584
- Other operating charges +€2,474
up €2,474 (+859%), from €288 to €2,763
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 | €321,385 | €235,073 | -€86,312 | -26.9% |
| Fixed assets | 21/28 | €83,149 | €61,316 | -€21,834 | -26.3% |
| Intangible fixed assets | 21 | €46,000 | €39,000 | -€7,000 | -15.2% |
| Tangible fixed assets | 22/27 | €33,808 | €18,975 | -€14,834 | -43.9% |
| Plant, machinery and equipment | 23 | €1,527 | - | -€1,527 | |
| Furniture and vehicles | 24 | €9,158 | €4,974 | -€4,184 | -45.7% |
| Leasing and similar rights | 25 | €8,909 | €4,454 | -€4,454 | -50.0% |
| Other tangible fixed assets | 26 | €14,215 | €9,547 | -€4,668 | -32.8% |
| Financial fixed assets | 28 | €3,341 | €3,341 | = | 0.0% |
| Current assets | 29/58 | €238,235 | €173,757 | -€64,478 | -27.1% |
| Stocks and contracts in progress | 3 | €155,500 | €148,806 | -€6,694 | -4.3% |
| Stocks | 30/36 | €155,500 | €148,806 | -€6,694 | -4.3% |
| Amounts receivable within one year | 40/41 | €68,166 | €19,137 | -€49,029 | -71.9% |
| Trade receivables | 40 | €52,995 | €19,137 | -€33,859 | -63.9% |
| Other amounts receivable | 41 | €15,171 | - | -€15,171 | |
| Cash at bank and in hand | 54/58 | €14,569 | €5,814 | -€8,755 | -60.1% |
| Total equity and liabilities | 10/49 | €321,385 | €235,073 | -€86,312 | -26.9% |
| Equity | 10/15 | -€247,016 | -€289,309 | -€42,293 | -17.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€253,216 | -€295,509 | -€42,293 | -16.7% |
| Amounts payable | 17/49 | €568,401 | €524,382 | -€44,019 | -7.7% |
| Amounts payable after more than one year | 17 | €33,388 | €16,385 | -€17,003 | -50.9% |
| Financial debts | 170/4 | €33,388 | €16,385 | -€17,003 | -50.9% |
| Amounts payable within one year | 42/48 | €534,491 | €507,997 | -€26,494 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €16,552 | €17,718 | +€1,166 | +7.0% |
| Financial debts | 43 | €71,432 | €71,432 | = | 0.0% |
| Other loans | 439 | €71,432 | €71,432 | = | 0.0% |
| Trade debts | 44 | €427,502 | €392,102 | -€35,400 | -8.3% |
| Suppliers | 440/4 | €427,502 | €392,102 | -€35,400 | -8.3% |
| Taxes, remuneration and social security | 45 | €19,005 | €26,745 | +€7,740 | +40.7% |
| Taxes | 450/3 | €2,097 | €9,033 | +€6,936 | +331% |
| Remuneration and social security | 454/9 | €16,908 | €17,712 | +€804 | +4.8% |
| Accrued charges and deferred income | 492/3 | €522 | - | -€522 | |
| Non-recurring operating income | 76A | €9,750 | €21,250 | +€11,500 | +118% |
| Remuneration, social security and pensions | 62 | €107,069 | €113,584 | +€6,515 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,883 | €21,834 | -€8,050 | -26.9% |
| Other operating charges | 640/8 | €288 | €2,763 | +€2,474 | +859% |
| Gross operating margin | 9900 | €57,543 | €97,668 | +€40,125 | +69.7% |
| Operating profit (loss) | 9901 | -€79,698 | -€40,512 | +€39,186 | +49.2% |
| Financial income | 75/76B | €371 | €358 | -€13 | -3.5% |
| Recurring financial income | 75 | €371 | €358 | -€13 | -3.5% |
| Financial charges | 65/66B | €2,123 | €1,716 | -€407 | -19.2% |
| Recurring financial charges | 65 | €2,123 | €1,716 | -€407 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | -€81,450 | -€41,870 | +€39,580 | +48.6% |
| Income taxes | 67/77 | €412 | €423 | +€11 | +2.7% |
| Profit (loss) for the period | 9904 | -€81,861 | -€42,293 | +€39,569 | +48.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€81,861 | -€42,293 | +€39,569 | +48.3% |
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 13 October 2026 via checked.be.