INDIGOO: 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.
INDIGOO
Largest movements
- Cash -€16,146
down €16,146 (-100.0%), from €16,146 to €0
mainly Trade debts (-€20,302) and Debts after one year (-€13,745)
- Receivables within one year +€13,124
up €13,124 (+43.5%), from €30,194 to €43,318
of which Trade receivables: +€6,934
- Tangible fixed assets +€713
up €713 (+16.7%), from €4,270 to €4,983
of which Furniture and vehicles: +€1,234
- Deferred charges and accrued income -€682
down €682 (-100.0%), from €682 to €0
- Profit (loss) carried forward +€34,325
up €34,325 (+21.3%), from -€160,951 to -€126,626
- Trade debts -€20,302
down €20,302 (-57.5%), from €35,310 to €15,009
- Debts after one year -€13,745
down €13,745 (-29.0%), from €47,336 to €33,591
- Other debts -€4,163
down €4,163 (-3.4%), from €120,845 to €116,682
- Short-term financial debts +€3,262
new in 2025: €3,262
- Gross operating margin +€26,063
up €26,063 (+214.2%), from €12,166 to €38,229
- Depreciation -€1,666
down €1,666 (-50.9%), from €3,271 to €1,605
- Other operating charges -€1,513
down €1,513 (-54.5%), from €2,776 to €1,262
- Financial charges -€482
down €482 (-34.9%), from €1,380 to €898
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,392 | €48,401 | -€2,990 | -5.8% |
| Fixed assets | 21/28 | €4,370 | €5,083 | +€713 | +16.3% |
| Tangible fixed assets | 22/27 | €4,270 | €4,983 | +€713 | +16.7% |
| Furniture and vehicles | 24 | €3,229 | €4,463 | +€1,234 | +38.2% |
| Other tangible fixed assets | 26 | €1,041 | €521 | -€521 | -50.0% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €47,022 | €43,318 | -€3,704 | -7.9% |
| Amounts receivable within one year | 40/41 | €30,194 | €43,318 | +€13,124 | +43.5% |
| Trade receivables | 40 | €30,194 | €37,128 | +€6,934 | +23.0% |
| Other amounts receivable | 41 | - | €6,191 | +€6,191 | |
| Cash at bank and in hand | 54/58 | €16,146 | €0 | -€16,146 | -100.0% |
| Deferred charges and accrued income | 490/1 | €682 | €0 | -€682 | -100.0% |
| Total equity and liabilities | 10/49 | €51,392 | €48,401 | -€2,990 | -5.8% |
| Equity | 10/15 | -€154,728 | -€120,403 | +€34,325 | +22.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €23 | €23 | = | 0.0% |
| Non-distributable reserves | 130/1 | €23 | €23 | = | 0.0% |
| Reserves not available under the articles | 1311 | €23 | €23 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€160,951 | -€126,626 | +€34,325 | +21.3% |
| Amounts payable | 17/49 | €206,119 | €168,804 | -€37,315 | -18.1% |
| Amounts payable after more than one year | 17 | €47,336 | €33,591 | -€13,745 | -29.0% |
| Financial debts | 170/4 | €47,336 | €33,591 | -€13,745 | -29.0% |
| Amounts payable within one year | 42/48 | €158,784 | €135,214 | -€23,570 | -14.8% |
| Financial debts | 43 | - | €3,262 | +€3,262 | |
| Credit institutions | 430/8 | - | €3,262 | +€3,262 | |
| Trade debts | 44 | €35,310 | €15,009 | -€20,302 | -57.5% |
| Suppliers | 440/4 | €35,310 | €15,009 | -€20,302 | -57.5% |
| Taxes, remuneration and social security | 45 | €2,628 | €261 | -€2,367 | -90.1% |
| Taxes | 450/3 | €1,190 | €261 | -€929 | -78.1% |
| Remuneration and social security | 454/9 | €1,438 | - | -€1,438 | |
| Other amounts payable | 47/48 | €120,845 | €116,682 | -€4,163 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,271 | €1,605 | -€1,666 | -50.9% |
| Other operating charges | 640/8 | €2,776 | €1,262 | -€1,513 | -54.5% |
| Gross operating margin | 9900 | €12,166 | €38,229 | +€26,063 | +214.2% |
| Operating profit (loss) | 9901 | €6,119 | €35,362 | +€29,243 | +477.9% |
| Financial income | 75/76B | €230 | €4 | -€226 | -98.3% |
| Recurring financial income | 75 | €230 | €4 | -€226 | -98.3% |
| Financial charges | 65/66B | €1,380 | €898 | -€482 | -34.9% |
| Recurring financial charges | 65 | €1,380 | €898 | -€482 | -34.9% |
| Profit (loss) for the period before taxes | 9903 | €4,969 | €34,469 | +€29,499 | +593.6% |
| Income taxes | 67/77 | €137 | €144 | +€7 | +5.2% |
| Profit (loss) for the period | 9904 | €4,833 | €34,325 | +€29,492 | +610.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,833 | €34,325 | +€29,492 | +610.3% |
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 11 October 2026 via checked.be.