inDUfed: 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.
inDUfed
Largest movements
- Cash -€923,087
down €923,087 (-74.1%), from €1.2m to €322,832
mainly Current investments (-€900,000) and Net result for the year (-€81,262)
- Current investments +€900,000
new in 2024: €900,000
- Receivables within one year -€24,746
down €24,746 (-73.9%), from €33,470 to €8,724
of which Other amounts receivable: -€25,718
- Equity -€81,262
down €81,262 (-7.8%), from €1.0m to €955,632
of which Profit (loss) carried forward: -€81,262
- Provisions +€33,515
new in 2024: €33,515
- Gross operating margin -€262,134
down €262,134 (-17.4%), from €1.5m to €1.2m
- Turnover -€180,050
down €180,050 (-8.8%), from €2.0m to €1.9m
- Staff costs -€57,582
down €57,582 (-4.3%), from €1.3m to €1.3m
- Purchases and services +€29,925
up €29,925 (+3.2%), from €948,741 to €978,667
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 | €1,368,922 | €1,330,464 | -€38,457 | -2.8% |
| Fixed assets | 21/28 | €65,406 | €67,211 | +€1,805 | +2.8% |
| Tangible fixed assets | 22/27 | €7,473 | €9,278 | +€1,805 | +24.2% |
| Furniture and vehicles | 24 | €7,473 | €9,278 | +€1,805 | +24.2% |
| Financial fixed assets | 28 | €57,933 | €57,933 | = | 0.0% |
| Current assets | 29/58 | €1,303,516 | €1,263,254 | -€40,262 | -3.1% |
| Amounts receivable within one year | 40/41 | €33,470 | €8,724 | -€24,746 | -73.9% |
| Trade receivables | 40 | €7,752 | €8,724 | +€972 | +12.5% |
| Other amounts receivable | 41 | €25,718 | - | -€25,718 | |
| Current investments | 50/53 | - | €900,000 | +€900,000 | |
| Cash at bank and in hand | 54/58 | €1,245,919 | €322,832 | -€923,087 | -74.1% |
| Deferred charges and accrued income | 490/1 | €24,127 | €31,698 | +€7,571 | +31.4% |
| Total equity and liabilities | 10/49 | €1,368,922 | €1,330,464 | -€38,457 | -2.8% |
| Equity | 10/15 | €1,036,894 | €955,632 | -€81,262 | -7.8% |
| Contributions | 10/11 | - | €415,300 | +€415,300 | |
| Capital | 10 | - | €415,300 | +€415,300 | |
| Profit (loss) carried forward | 14 | €621,594 | €540,332 | -€81,262 | -13.1% |
| Provisions and deferred taxes | 16 | - | €33,515 | +€33,515 | |
| Amounts payable | 17/49 | €332,027 | €341,317 | +€9,290 | +2.8% |
| Amounts payable within one year | 42/48 | €332,027 | €341,317 | +€9,290 | +2.8% |
| Trade debts | 44 | €74,656 | €93,969 | +€19,313 | +25.9% |
| Suppliers | 440/4 | €74,656 | €93,969 | +€19,313 | +25.9% |
| Taxes, remuneration and social security | 45 | €229,957 | €219,933 | -€10,023 | -4.4% |
| Taxes | 450/3 | €73,804 | €87,290 | +€13,486 | +18.3% |
| Remuneration and social security | 454/9 | €156,153 | €132,644 | -€23,509 | -15.1% |
| Turnover | 70 | €2,035,978 | €1,855,928 | -€180,050 | -8.8% |
| Membership fees, donations, legacies and grants | 73 | €130,736 | €136,065 | +€5,330 | +4.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €948,741 | €978,667 | +€29,925 | +3.2% |
| Remuneration, social security and pensions | 62 | €1,343,952 | €1,286,370 | -€57,582 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,732 | €5,351 | -€2,382 | -30.8% |
| Other operating charges | 640/8 | €996 | €4,094 | +€3,098 | +311% |
| Gross operating margin | 9900 | €1,506,645 | €1,244,512 | -€262,134 | -17.4% |
| Operating profit (loss) | 9901 | €153,965 | -€84,818 | -€238,783 | |
| Financial income | 75/76B | €0 | €18,138 | +€18,138 | +18,137,760% |
| Recurring financial income | 75 | €0 | €18,138 | +€18,138 | +18,137,760% |
| Financial charges | 65/66B | €9,436 | €12,142 | +€2,706 | +28.7% |
| Recurring financial charges | 65 | €9,436 | €12,142 | +€2,706 | +28.7% |
| Profit (loss) for the period before taxes | 9903 | €144,529 | -€78,822 | -€223,351 | |
| Income taxes | 67/77 | €1,960 | €2,440 | +€480 | +24.5% |
| Profit (loss) for the period | 9904 | €142,569 | -€81,262 | -€223,831 | |
| Profit (loss) for the period to be appropriated | 9905 | €142,569 | -€81,262 | -€223,831 |
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 13 October 2026 via checked.be.