INDIZ: 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.
INDIZ
Largest movements
- Cash -€9,833
down €9,833 (-21.3%), from €46,203 to €36,370
mainly Contributions, distributions and other (-€46,860) and Debts after one year (-€10,704)
- Tangible fixed assets -€8,410
down €8,410 (-7.0%), from €119,645 to €111,235
of which Land and buildings: -€8,042
- Receivables within one year +€6,805
up €6,805 (+64.1%), from €10,611 to €17,416
of which Trade receivables: +€6,731
- Debts after one year -€10,704
down €10,704 (-26.5%), from €40,348 to €29,644
- Tax, wage and social debts -€6,976
down €6,976 (-22.6%), from €30,875 to €23,898
- Other debts +€5,457
up €5,457 (+44.8%), from €12,182 to €17,639
- Taxes -€4,886
down €4,886 (-26.0%), from €18,755 to €13,869
- Gross operating margin -€4,238
down €4,238 (-5.4%), from €78,217 to €73,979
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 | €176,992 | €165,022 | -€11,970 | -6.8% |
| Fixed assets | 21/28 | €119,645 | €111,235 | -€8,410 | -7.0% |
| Tangible fixed assets | 22/27 | €119,645 | €111,235 | -€8,410 | -7.0% |
| Land and buildings | 22 | €112,711 | €104,669 | -€8,042 | -7.1% |
| Plant, machinery and equipment | 23 | €3,133 | €2,350 | -€783 | -25.0% |
| Furniture and vehicles | 24 | €3,801 | €4,216 | +€415 | +10.9% |
| Current assets | 29/58 | €57,347 | €53,786 | -€3,560 | -6.2% |
| Amounts receivable within one year | 40/41 | €10,611 | €17,416 | +€6,805 | +64.1% |
| Trade receivables | 40 | €10,611 | €17,343 | +€6,731 | +63.4% |
| Other amounts receivable | 41 | - | €73 | +€73 | |
| Cash at bank and in hand | 54/58 | €46,203 | €36,370 | -€9,833 | -21.3% |
| Deferred charges and accrued income | 490/1 | €532 | - | -€532 | |
| Total equity and liabilities | 10/49 | €176,992 | €165,022 | -€11,970 | -6.8% |
| Equity | 10/15 | €82,080 | €82,080 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €63,480 | €63,480 | = | 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% |
| Distributable reserves | 133 | €61,620 | €61,620 | = | 0.0% |
| Amounts payable | 17/49 | €94,912 | €82,942 | -€11,970 | -12.6% |
| Amounts payable after more than one year | 17 | €40,348 | €29,644 | -€10,704 | -26.5% |
| Financial debts | 170/4 | €40,348 | €29,644 | -€10,704 | -26.5% |
| Amounts payable within one year | 42/48 | €54,564 | €53,298 | -€1,266 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €10,517 | €10,704 | +€188 | +1.8% |
| Trade debts | 44 | €990 | €1,056 | +€66 | +6.7% |
| Suppliers | 440/4 | €990 | €1,056 | +€66 | +6.7% |
| Taxes, remuneration and social security | 45 | €30,875 | €23,898 | -€6,976 | -22.6% |
| Taxes | 450/3 | €30,875 | €23,898 | -€6,976 | -22.6% |
| Other amounts payable | 47/48 | €12,182 | €17,639 | +€5,457 | +44.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,818 | €10,429 | +€610 | +6.2% |
| Other operating charges | 640/8 | €2,083 | €1,472 | -€611 | -29.3% |
| Gross operating margin | 9900 | €78,217 | €73,979 | -€4,238 | -5.4% |
| Operating profit (loss) | 9901 | €66,315 | €62,078 | -€4,237 | -6.4% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,354 | €1,350 | -€4 | -0.3% |
| Recurring financial charges | 65 | €1,354 | €1,350 | -€4 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €64,962 | €60,729 | -€4,232 | -6.5% |
| Income taxes | 67/77 | €18,755 | €13,869 | -€4,886 | -26.0% |
| Profit (loss) for the period | 9904 | €46,207 | €46,860 | +€653 | +1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €46,207 | €46,860 | +€653 | +1.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.