INDOMI: 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.
INDOMI
Largest movements
- Receivables after one year -€3.2m
down €3.2m (-14.9%), from €21.2m to €18.0m
- Receivables within one year +€1.4m
up €1.4m (+25.7%), from €5.4m to €6.7m
of which Other amounts receivable: +€1.6m
- Cash +€437,637
up €437,637 (+45.4%), from €964,680 to €1.4m
mainly Receivables after one year (+€3.2m) and Current investments (+€400,000)
- Current investments -€400,000
no longer reported in 2025 (was €400,000)
- Debts after one year -€1.9m
down €1.9m (-9.5%), from €19.7m to €17.8m
- Turnover -€88,330
down €88,330 (-12.4%), from €713,548 to €625,219
- Financial income +€77,611
up €77,611 (+118%), from €65,567 to €143,178
- Purchases and services -€73,259
down €73,259 (-10.0%), from €733,151 to €659,892
- Gross operating margin -€16,719
down €16,719 (-122%), from -€13,706 to -€30,425
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 | €27,928,271 | €26,167,010 | -€1.8m | -6.3% |
| Current assets | 29/58 | €27,928,271 | €26,167,010 | -€1.8m | -6.3% |
| Amounts receivable after more than one year | 29 | €21,204,459 | €18,037,674 | -€3.2m | -14.9% |
| Trade receivables | 290 | €21,204,459 | €18,037,674 | -€3.2m | -14.9% |
| Amounts receivable within one year | 40/41 | €5,351,029 | €6,727,019 | +€1.4m | +25.7% |
| Trade receivables | 40 | €1,522,359 | €1,270,263 | -€252,097 | -16.6% |
| Other amounts receivable | 41 | €3,828,669 | €5,456,756 | +€1.6m | +42.5% |
| Current investments | 50/53 | €400,000 | - | -€400,000 | |
| Cash at bank and in hand | 54/58 | €964,680 | €1,402,318 | +€437,637 | +45.4% |
| Deferred charges and accrued income | 490/1 | €8,103 | - | -€8,103 | |
| Total equity and liabilities | 10/49 | €27,928,271 | €26,167,010 | -€1.8m | -6.3% |
| Equity | 10/15 | €6,224,120 | €6,332,338 | +€108,218 | +1.7% |
| Contributions | 10/11 | €445,875 | €445,875 | = | 0.0% |
| Capital | 10 | €445,875 | €445,875 | = | 0.0% |
| Issued capital | 100 | €445,875 | €445,875 | = | 0.0% |
| Reserves | 13 | €5,778,768 | €5,778,768 | = | 0.0% |
| Non-distributable reserves | 130/1 | €44,588 | €44,588 | = | 0.0% |
| Legal reserve | 130 | €44,588 | €44,588 | = | 0.0% |
| Distributable reserves | 133 | €5,734,181 | €5,734,181 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€523 | €107,694 | +€108,218 | |
| Provisions and deferred taxes | 16 | €22,000 | €22,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €22,000 | €22,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €22,000 | €22,000 | = | 0.0% |
| Amounts payable | 17/49 | €21,682,150 | €19,812,672 | -€1.9m | -8.6% |
| Amounts payable after more than one year | 17 | €19,667,839 | €17,800,526 | -€1.9m | -9.5% |
| Financial debts | 170/4 | €19,667,839 | €17,800,526 | -€1.9m | -9.5% |
| Amounts payable within one year | 42/48 | €1,890,123 | €1,900,989 | +€10,866 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €1,866,225 | €1,865,798 | -€428 | 0.0% |
| Trade debts | 44 | €15,473 | €14,298 | -€1,175 | -7.6% |
| Suppliers | 440/4 | €15,473 | €14,298 | -€1,175 | -7.6% |
| Taxes, remuneration and social security | 45 | - | €893 | +€893 | |
| Taxes | 450/3 | - | €893 | +€893 | |
| Other amounts payable | 47/48 | €8,424 | €20,000 | +€11,576 | +137% |
| Accrued charges and deferred income | 492/3 | €124,188 | €111,157 | -€13,031 | -10.5% |
| Turnover | 70 | €713,548 | €625,219 | -€88,330 | -12.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €733,151 | €659,892 | -€73,259 | -10.0% |
| Remuneration, social security and pensions | 62 | -€1,161 | - | +€1,161 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€7,742 | -€4,743 | +€2,999 | +38.7% |
| Other operating charges | 640/8 | €1,063 | €1,106 | +€43 | +4.0% |
| Gross operating margin | 9900 | -€13,706 | -€30,425 | -€16,719 | -122% |
| Operating profit (loss) | 9901 | -€5,867 | -€26,788 | -€20,921 | -357% |
| Financial income | 75/76B | €65,567 | €143,178 | +€77,611 | +118% |
| Recurring financial income | 75 | €65,567 | €143,178 | +€77,611 | +118% |
| Financial charges | 65/66B | €4,474 | €4,279 | -€196 | -4.4% |
| Recurring financial charges | 65 | €4,474 | €4,279 | -€196 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €55,226 | €112,111 | +€56,885 | +103% |
| Income taxes | 67/77 | - | €3,893 | +€3,893 | |
| Profit (loss) for the period | 9904 | €55,226 | €108,218 | +€52,992 | +96.0% |
| Profit (loss) for the period to be appropriated | 9905 | €55,226 | €108,218 | +€52,992 | +96.0% |
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 21 October 2026 via checked.be.