INDU - TEX: 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.
INDU - TEX
Largest movements
- Receivables within one year +€73,373
up €73,373 (+153.5%), from €47,787 to €121,160
of which Trade receivables: +€75,310
- Cash -€45,632
down €45,632 (-52.4%), from €87,034 to €41,401
mainly Receivables within one year (-€73,373) and Other debts (-€33,606)
- Tangible fixed assets -€22,822
down €22,822 (-50.3%), from €45,387 to €22,564
of which Furniture and vehicles: -€14,773
- Stocks and contracts -€12,250
down €12,250 (-11.7%), from €104,940 to €92,690
- Deferred charges and accrued income +€5,555
up €5,555 (+1238.9%), from €448 to €6,003
- Trade debts +€55,706
up €55,706 (+1283.2%), from €4,341 to €60,047
- Other debts -€33,606
down €33,606 (-100.0%), from €33,606 to €0
- Debts after one year -€10,644
down €10,644 (-80.3%), from €13,249 to €2,605
- Tax, wage and social debts -€9,431
down €9,431 (-30.7%), from €30,767 to €21,336
of which Taxes: -€10,933
- Reserves +€5,000
up €5,000 (+5.5%), from €90,800 to €95,800
of which Distributable reserves: +€5,000
- Staff costs -€18,203
down €18,203 (-13.1%), from €138,449 to €120,246
- Gross operating margin -€16,605
down €16,605 (-9.9%), from €167,747 to €151,143
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 | €304,670 | €302,893 | -€1,777 | -0.6% |
| Fixed assets | 21/28 | €64,461 | €41,639 | -€22,822 | -35.4% |
| Tangible fixed assets | 22/27 | €45,387 | €22,564 | -€22,822 | -50.3% |
| Land and buildings | 22 | €894 | €851 | -€44 | -4.9% |
| Plant, machinery and equipment | 23 | €22,103 | €14,630 | -€7,472 | -33.8% |
| Furniture and vehicles | 24 | €21,081 | €6,308 | -€14,773 | -70.1% |
| Other tangible fixed assets | 26 | €1,309 | €775 | -€534 | -40.8% |
| Financial fixed assets | 28 | €19,074 | €19,074 | = | 0.0% |
| Current assets | 29/58 | €240,209 | €261,255 | +€21,045 | +8.8% |
| Stocks and contracts in progress | 3 | €104,940 | €92,690 | -€12,250 | -11.7% |
| Stocks | 30/36 | €104,940 | €92,690 | -€12,250 | -11.7% |
| Amounts receivable within one year | 40/41 | €47,787 | €121,160 | +€73,373 | +153.5% |
| Trade receivables | 40 | €40,890 | €116,200 | +€75,310 | +184.2% |
| Other amounts receivable | 41 | €6,897 | €4,960 | -€1,937 | -28.1% |
| Cash at bank and in hand | 54/58 | €87,034 | €41,401 | -€45,632 | -52.4% |
| Deferred charges and accrued income | 490/1 | €448 | €6,003 | +€5,555 | +1238.9% |
| Total equity and liabilities | 10/49 | €304,670 | €302,893 | -€1,777 | -0.6% |
| Equity | 10/15 | €200,908 | €204,385 | +€3,477 | +1.7% |
| Contributions | 10/11 | €108,000 | €108,000 | = | 0.0% |
| Capital | 10 | €108,000 | €108,000 | = | 0.0% |
| Issued capital | 100 | €108,000 | €108,000 | = | 0.0% |
| Reserves | 13 | €90,800 | €95,800 | +€5,000 | +5.5% |
| Non-distributable reserves | 130/1 | €10,800 | €10,800 | = | 0.0% |
| Legal reserve | 130 | €10,800 | €10,800 | = | 0.0% |
| Distributable reserves | 133 | €80,000 | €85,000 | +€5,000 | +6.3% |
| Profit (loss) carried forward | 14 | €2,108 | €585 | -€1,523 | -72.2% |
| Amounts payable | 17/49 | €103,763 | €98,509 | -€5,254 | -5.1% |
| Amounts payable after more than one year | 17 | €13,249 | €2,605 | -€10,644 | -80.3% |
| Financial debts | 170/4 | €13,249 | €2,605 | -€10,644 | -80.3% |
| Amounts payable within one year | 42/48 | €90,276 | €95,677 | +€5,401 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | €14,044 | €11,151 | -€2,893 | -20.6% |
| Financial debts | 43 | €4,368 | €3,143 | -€1,226 | -28.1% |
| Credit institutions | 430/8 | €4,368 | €3,143 | -€1,226 | -28.1% |
| Trade debts | 44 | €4,341 | €60,047 | +€55,706 | +1283.2% |
| Suppliers | 440/4 | €4,341 | €60,047 | +€55,706 | +1283.2% |
| Advances received on contracts in progress | 46 | €3,150 | €0 | -€3,150 | -100.0% |
| Taxes, remuneration and social security | 45 | €30,767 | €21,336 | -€9,431 | -30.7% |
| Taxes | 450/3 | €15,877 | €4,943 | -€10,933 | -68.9% |
| Remuneration and social security | 454/9 | €14,890 | €16,393 | +€1,503 | +10.1% |
| Other amounts payable | 47/48 | €33,606 | €0 | -€33,606 | -100.0% |
| Accrued charges and deferred income | 492/3 | €238 | €227 | -€11 | -4.6% |
| Remuneration, social security and pensions | 62 | €138,449 | €120,246 | -€18,203 | -13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,822 | €22,822 | = | 0.0% |
| Other operating charges | 640/8 | €635 | €795 | +€161 | +25.3% |
| Gross operating margin | 9900 | €167,747 | €151,143 | -€16,605 | -9.9% |
| Operating profit (loss) | 9901 | €5,841 | €7,279 | +€1,438 | +24.6% |
| Financial income | 75/76B | €136 | €272 | +€136 | +99.6% |
| Recurring financial income | 75 | €136 | €272 | +€136 | +99.6% |
| Financial charges | 65/66B | €3,365 | €2,112 | -€1,253 | -37.2% |
| Recurring financial charges | 65 | €3,365 | €2,112 | -€1,253 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | €2,612 | €5,439 | +€2,826 | +108.2% |
| Income taxes | 67/77 | €1,329 | €1,961 | +€633 | +47.6% |
| Profit (loss) for the period | 9904 | €1,284 | €3,477 | +€2,194 | +170.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,284 | €3,477 | +€2,194 | +170.9% |
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 12 October 2026 via checked.be.