INDIGOMAR: 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.
INDIGOMAR
Largest movements
- Tangible fixed assets -€3,282
no longer reported in 2025 (was €3,282)
- Other debts -€5,889
down €5,889 (-15.8%), from €37,174 to €31,285
- Trade debts +€1,295
up €1,295 (+1,346%), from €96 to €1,391
- Tax, wage and social debts +€455
up €455 (+27.4%), from €1,663 to €2,119
- Accrued charges and deferred income +€446
new in 2025: €446
- Profit (loss) carried forward +€365
up €365 (+0.9%), from -€41,806 to -€41,440
- Gross operating margin -€3,466
down €3,466 (-42.8%), from €8,107 to €4,641
- Other operating charges +€352
new in 2025: €352
- Depreciation -€298
down €298 (-8.3%), from €3,580 to €3,282
- Taxes +€277
up €277 (+155%), from €179 to €455
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 | €3,328 | €1 | -€3,328 | -100.0% |
| Fixed assets | 21/28 | €3,282 | - | -€3,282 | |
| Tangible fixed assets | 22/27 | €3,282 | - | -€3,282 | |
| Furniture and vehicles | 24 | €3,282 | - | -€3,282 | |
| Current assets | 29/58 | €47 | €1 | -€46 | -98.8% |
| Cash at bank and in hand | 54/58 | €21 | €1 | -€20 | -97.3% |
| Deferred charges and accrued income | 490/1 | €26 | - | -€26 | |
| Total equity and liabilities | 10/49 | €3,328 | €1 | -€3,328 | -100.0% |
| Equity | 10/15 | -€35,606 | -€35,240 | +€365 | +1.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,806 | -€41,440 | +€365 | +0.9% |
| Amounts payable | 17/49 | €38,934 | €35,241 | -€3,693 | -9.5% |
| Amounts payable within one year | 42/48 | €38,934 | €34,795 | -€4,139 | -10.6% |
| Trade debts | 44 | €96 | €1,391 | +€1,295 | +1,346% |
| Suppliers | 440/4 | €96 | €1,391 | +€1,295 | +1,346% |
| Taxes, remuneration and social security | 45 | €1,663 | €2,119 | +€455 | +27.4% |
| Taxes | 450/3 | €1,663 | €2,119 | +€455 | +27.4% |
| Other amounts payable | 47/48 | €37,174 | €31,285 | -€5,889 | -15.8% |
| Accrued charges and deferred income | 492/3 | - | €446 | +€446 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,580 | €3,282 | -€298 | -8.3% |
| Other operating charges | 640/8 | - | €352 | +€352 | |
| Gross operating margin | 9900 | €8,107 | €4,641 | -€3,466 | -42.8% |
| Operating profit (loss) | 9901 | €4,527 | €1,008 | -€3,519 | -77.7% |
| Financial charges | 65/66B | €153 | €187 | +€34 | +22.2% |
| Recurring financial charges | 65 | €153 | €187 | +€34 | +22.2% |
| Profit (loss) for the period before taxes | 9903 | €4,374 | €821 | -€3,553 | -81.2% |
| Income taxes | 67/77 | €179 | €455 | +€277 | +155% |
| Profit (loss) for the period | 9904 | €4,195 | €365 | -€3,830 | -91.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,195 | €365 | -€3,830 | -91.3% |
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 15 October 2026 via checked.be.