IndigoStone: what changed
Two fiscal 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.
IndigoStone
Largest movements
- Current investments +€100,767
up €100,767 (+99.9%), from €100,885 to €201,652
- Cash -€91,664
down €91,664 (-42.4%), from €216,341 to €124,677
mainly Current investments (-€100,767) and Tax, wage and social debts (-€18,640)
- Receivables within one year -€20,402
down €20,402 (-72.8%), from €28,025 to €7,623
of which Trade receivables: -€28,025
- Tax, wage and social debts -€18,640
down €18,640 (-99.8%), from €18,685 to €45
- Reserves +€7,837
up €7,837 (+2.4%), from €322,544 to €330,381
of which Distributable reserves: +€7,837
- Gross operating margin -€76,415
down €76,415 (-88.1%), from €86,708 to €10,293
- Taxes -€29,700
down €29,700 (-95.0%), from €31,268 to €1,568
- Depreciation +€880
up €880 (+88.9%), from €990 to €1,870
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 | €355,092 | €340,935 | -€14,157 | -4.0% |
| Fixed assets | 21/28 | €7,474 | €5,604 | -€1,870 | -25.0% |
| Tangible fixed assets | 22/27 | €7,474 | €5,604 | -€1,870 | -25.0% |
| Furniture and vehicles | 24 | €7,474 | €5,604 | -€1,870 | -25.0% |
| Current assets | 29/58 | €347,619 | €335,332 | -€12,287 | -3.5% |
| Amounts receivable within one year | 40/41 | €28,025 | €7,623 | -€20,402 | -72.8% |
| Trade receivables | 40 | €28,025 | €0 | -€28,025 | -100.0% |
| Other amounts receivable | 41 | - | €7,623 | +€7,623 | |
| Current investments | 50/53 | €100,885 | €201,652 | +€100,767 | +99.9% |
| Cash at bank and in hand | 54/58 | €216,341 | €124,677 | -€91,664 | -42.4% |
| Deferred charges and accrued income | 490/1 | €2,368 | €1,380 | -€988 | -41.7% |
| Total equity and liabilities | 10/49 | €355,092 | €340,935 | -€14,157 | -4.0% |
| Equity | 10/15 | €328,744 | €336,581 | +€7,837 | +2.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €322,544 | €330,381 | +€7,837 | +2.4% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €322,544 | €330,381 | +€7,837 | +2.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €26,349 | €4,355 | -€21,994 | -83.5% |
| Amounts payable within one year | 42/48 | €23,099 | €3,355 | -€19,744 | -85.5% |
| Trade debts | 44 | €1,449 | €769 | -€680 | -46.9% |
| Suppliers | 440/4 | €1,449 | €769 | -€680 | -46.9% |
| Taxes, remuneration and social security | 45 | €18,685 | €45 | -€18,640 | -99.8% |
| Taxes | 450/3 | €18,685 | €45 | -€18,640 | -99.8% |
| Other amounts payable | 47/48 | €2,965 | €2,541 | -€424 | -14.3% |
| Accrued charges and deferred income | 492/3 | €3,250 | €1,000 | -€2,250 | -69.2% |
| Non-recurring operating income | 76A | €785 | €0 | -€785 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €990 | €1,870 | +€880 | +88.9% |
| Other operating charges | 640/8 | €1,403 | €1,186 | -€216 | -15.4% |
| Gross operating margin | 9900 | €86,708 | €10,293 | -€76,415 | -88.1% |
| Operating profit (loss) | 9901 | €84,315 | €7,237 | -€77,078 | -91.4% |
| Financial income | 75/76B | €2,010 | €2,567 | +€557 | +27.7% |
| Recurring financial income | 75 | €2,010 | €2,567 | +€557 | +27.7% |
| Financial charges | 65/66B | €380 | €399 | +€19 | +5.0% |
| Recurring financial charges | 65 | €380 | €399 | +€19 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €85,945 | €9,405 | -€76,541 | -89.1% |
| Income taxes | 67/77 | €31,268 | €1,568 | -€29,700 | -95.0% |
| Profit (loss) for the period | 9904 | €54,678 | €7,837 | -€46,841 | -85.7% |
| Transfer from tax-exempt reserves | 789 | €18,750 | €0 | -€18,750 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €73,428 | €7,837 | -€65,591 | -89.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.