Inducom: what changed
Two fiscal 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.
Inducom
Largest movements
- Cash +€12,603
up €12,603 (+7.0%), from €180,115 to €192,718
mainly Net result for the year (+€8,865) and Tax, wage and social debts (+€3,738)
- Profit (loss) carried forward +€8,865
up €8,865 (+14.3%), from €61,876 to €70,741
- Tax, wage and social debts +€3,738
up €3,738 (+110.5%), from €3,383 to €7,121
- Gross operating margin -€3,201
down €3,201 (-16.4%), from €19,551 to €16,350
- Turnover -€3,200
down €3,200 (-11.9%), from €26,897 to €23,697
- Taxes -€551
down €551 (-12.8%), from €4,289 to €3,738
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 | €193,115 | €205,718 | +€12,603 | +6.5% |
| Fixed assets | 21/28 | €13,000 | €13,000 | = | 0.0% |
| Intangible fixed assets | 21 | €7,000 | €7,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €6,000 | €6,000 | = | 0.0% |
| Land and buildings | 22 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €180,115 | €192,718 | +€12,603 | +7.0% |
| Cash at bank and in hand | 54/58 | €180,115 | €192,718 | +€12,603 | +7.0% |
| Total equity and liabilities | 10/49 | €193,115 | €205,718 | +€12,603 | +6.5% |
| Equity | 10/15 | €165,022 | €173,887 | +€8,865 | +5.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €41,146 | €41,146 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €34,946 | €34,946 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,876 | €70,741 | +€8,865 | +14.3% |
| Provisions and deferred taxes | 16 | €22,310 | €22,310 | = | 0.0% |
| Deferred taxes | 168 | €22,310 | €22,310 | = | 0.0% |
| Amounts payable | 17/49 | €5,783 | €9,521 | +€3,738 | +64.6% |
| Amounts payable after more than one year | 17 | €2,400 | €2,400 | = | 0.0% |
| Other amounts payable | 178/9 | €2,400 | €2,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,383 | €7,121 | +€3,738 | +110.5% |
| Taxes, remuneration and social security | 45 | €3,383 | €7,121 | +€3,738 | +110.5% |
| Taxes | 450/3 | €3,383 | €7,121 | +€3,738 | +110.5% |
| Turnover | 70 | €26,897 | €23,697 | -€3,200 | -11.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €7,346 | €7,347 | +€1 | 0.0% |
| Other operating charges | 640/8 | €3,507 | €3,567 | +€60 | +1.7% |
| Gross operating margin | 9900 | €19,551 | €16,350 | -€3,201 | -16.4% |
| Operating profit (loss) | 9901 | €16,044 | €12,783 | -€3,261 | -20.3% |
| Financial charges | 65/66B | €150 | €180 | +€30 | +20.0% |
| Recurring financial charges | 65 | €150 | €180 | +€30 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | €15,894 | €12,603 | -€3,291 | -20.7% |
| Income taxes | 67/77 | €4,289 | €3,738 | -€551 | -12.8% |
| Profit (loss) for the period | 9904 | €11,605 | €8,865 | -€2,740 | -23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €11,605 | €8,865 | -€2,740 | -23.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.