INDOCHINE: 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.
INDOCHINE
Largest movements
- Receivables within one year +€22,792
up €22,792 (+20.0%), from €114,089 to €136,881
- Cash -€10,224
down €10,224 (-15.9%), from €64,167 to €53,943
mainly Receivables within one year (-€22,792) and Trade debts (-€5,219)
- Profit (loss) carried forward +€17,667
up €17,667 (+9.9%), from €177,870 to €195,537
- Trade debts -€5,219
down €5,219 (-92.5%), from €5,640 to €421
- Taxes -€29,188
down €29,188 (-82.0%), from €35,579 to €6,391
- Depreciation -€4,723
down €4,723 (-97.5%), from €4,843 to €120
- Financial income +€3,097
up €3,097 (+68.7%), from €4,508 to €7,605
- Other operating charges +€2,667
up €2,667 (+93.3%), from €2,857 to €5,524
- Gross operating margin -€1,768
down €1,768 (-7.4%), from €23,910 to €22,142
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €209,555 | €222,003 | +€12,448 | +5.9% |
| Fixed assets | 21/28 | €31,298 | €31,179 | -€119 | -0.4% |
| Tangible fixed assets | 22/27 | €30,354 | €30,235 | -€119 | -0.4% |
| Land and buildings | 22 | €30,354 | €30,235 | -€119 | -0.4% |
| Financial fixed assets | 28 | €944 | €944 | = | 0.0% |
| Current assets | 29/58 | €178,257 | €190,824 | +€12,567 | +7.0% |
| Amounts receivable within one year | 40/41 | €114,089 | €136,881 | +€22,792 | +20.0% |
| Other amounts receivable | 41 | €114,089 | €136,881 | +€22,792 | +20.0% |
| Cash at bank and in hand | 54/58 | €64,167 | €53,943 | -€10,224 | -15.9% |
| Deferred charges and accrued income | 490/1 | €1 | - | -€1 | |
| Total equity and liabilities | 10/49 | €209,555 | €222,003 | +€12,448 | +5.9% |
| Equity | 10/15 | €203,915 | €221,582 | +€17,667 | +8.7% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €1,256 | €1,256 | = | 0.0% |
| Distributable reserves | 133 | €1,256 | €1,256 | = | 0.0% |
| Profit (loss) carried forward | 14 | €177,870 | €195,537 | +€17,667 | +9.9% |
| Amounts payable | 17/49 | €5,640 | €421 | -€5,219 | -92.5% |
| Amounts payable within one year | 42/48 | €5,640 | €421 | -€5,219 | -92.5% |
| Trade debts | 44 | €5,640 | €421 | -€5,219 | -92.5% |
| Suppliers | 440/4 | €5,640 | €421 | -€5,219 | -92.5% |
| Turnover | 70 | €31,158 | €30,000 | -€1,158 | -3.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €7,248 | €7,858 | +€610 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,843 | €120 | -€4,723 | -97.5% |
| Other operating charges | 640/8 | €2,857 | €5,524 | +€2,667 | +93.3% |
| Gross operating margin | 9900 | €23,910 | €22,142 | -€1,768 | -7.4% |
| Operating profit (loss) | 9901 | €16,210 | €16,498 | +€288 | +1.8% |
| Financial income | 75/76B | €4,508 | €7,605 | +€3,097 | +68.7% |
| Recurring financial income | 75 | €4,508 | €7,605 | +€3,097 | +68.7% |
| Financial charges | 65/66B | €292 | €45 | -€247 | -84.6% |
| Recurring financial charges | 65 | €292 | €45 | -€247 | -84.6% |
| Profit (loss) for the period before taxes | 9903 | €20,426 | €24,058 | +€3,632 | +17.8% |
| Income taxes | 67/77 | €35,579 | €6,391 | -€29,188 | -82.0% |
| Profit (loss) for the period | 9904 | -€15,153 | €17,667 | +€32,820 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,153 | €17,667 | +€32,820 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.