INDUCAR HERMANS DIRK: what changed
INDUCAR HERMANS DIRK
Largest movements
- Tangible fixed assets -€12,555
down €12,555 (-13.6%), from €92,513 to €79,958
of which Plant, machinery and equipment: -€15,152
- Receivables within one year +€5,030
up €5,030 (+162%), from €3,096 to €8,126
of which Trade receivables: +€7,713
- Tax, wage and social debts -€4,303
down €4,303 (-96.1%), from €4,479 to €176
- Reserves -€4,164
down €4,164 (-3.6%), from €114,257 to €110,092
- Other debts +€3,850
up €3,850 (+19.6%), from €19,642 to €23,491
- Short-term financial debts -€2,871
down €2,871 (-17.6%), from €16,298 to €13,426
- Taxes +€2,911
up €2,911, from -€2,735 to €176
- Financial charges -€1,699
down €1,699 (-34.2%), from €4,973 to €3,274
- Gross operating margin +€1,523
up €1,523 (+9.0%), from €16,923 to €18,445
- Depreciation -€286
down €286 (-1.6%), from €17,579 to €17,293
- Other operating charges -€275
down €275 (-20.3%), from €1,355 to €1,080
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €176,247 | €170,201 | -€6,046 | -3.4% |
| Fixed assets | 21/28 | €92,513 | €79,958 | -€12,555 | -13.6% |
| Tangible fixed assets | 22/27 | €92,513 | €79,958 | -€12,555 | -13.6% |
| Land and buildings | 22 | €38,795 | €38,795 | = | 0.0% |
| Plant, machinery and equipment | 23 | €52,919 | €37,767 | -€15,152 | -28.6% |
| Furniture and vehicles | 24 | €798 | €3,395 | +€2,597 | +325% |
| Current assets | 29/58 | €83,734 | €90,243 | +€6,509 | +7.8% |
| Amounts receivable within one year | 40/41 | €3,096 | €8,126 | +€5,030 | +162% |
| Trade receivables | 40 | €0 | €7,713 | +€7,713 | |
| Other amounts receivable | 41 | €3,096 | €413 | -€2,683 | -86.7% |
| Current investments | 50/53 | €78,966 | €79,718 | +€752 | +1.0% |
| Deferred charges and accrued income | 490/1 | €1,672 | €2,399 | +€727 | +43.5% |
| Total equity and liabilities | 10/49 | €176,247 | €170,201 | -€6,046 | -3.4% |
| Equity | 10/15 | €132,849 | €128,684 | -€4,164 | -3.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €114,257 | €110,092 | -€4,164 | -3.6% |
| Distributable reserves | 133 | €114,257 | €110,092 | -€4,164 | -3.6% |
| Amounts payable | 17/49 | €43,398 | €41,517 | -€1,882 | -4.3% |
| Amounts payable within one year | 42/48 | €42,029 | €38,758 | -€3,271 | -7.8% |
| Financial debts | 43 | €16,298 | €13,426 | -€2,871 | -17.6% |
| Credit institutions | 430/8 | €16,298 | €13,426 | -€2,871 | -17.6% |
| Trade debts | 44 | €1,611 | €1,665 | +€54 | +3.4% |
| Suppliers | 440/4 | €1,611 | €1,665 | +€54 | +3.4% |
| Taxes, remuneration and social security | 45 | €4,479 | €176 | -€4,303 | -96.1% |
| Taxes | 450/3 | €4,479 | €176 | -€4,303 | -96.1% |
| Other amounts payable | 47/48 | €19,642 | €23,491 | +€3,850 | +19.6% |
| Accrued charges and deferred income | 492/3 | €1,369 | €2,758 | +€1,389 | +101% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,579 | €17,293 | -€286 | -1.6% |
| Other operating charges | 640/8 | €1,355 | €1,080 | -€275 | -20.3% |
| Non-recurring operating charges | 66A | - | €798 | +€798 | |
| Gross operating margin | 9900 | €16,923 | €18,445 | +€1,523 | +9.0% |
| Operating profit (loss) | 9901 | -€2,011 | -€726 | +€1,285 | +63.9% |
| Financial income | 75/76B | €129 | €12 | -€117 | -91.0% |
| Recurring financial income | 75 | €129 | €12 | -€117 | -91.0% |
| Financial charges | 65/66B | €4,973 | €3,274 | -€1,699 | -34.2% |
| Recurring financial charges | 65 | €4,973 | €3,274 | -€1,699 | -34.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,855 | -€3,988 | +€2,867 | +41.8% |
| Income taxes | 67/77 | -€2,735 | €176 | +€2,911 | |
| Profit (loss) for the period | 9904 | -€4,120 | -€4,164 | -€44 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,120 | -€4,164 | -€44 | -1.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.