InduFin: 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.
What changed
InduFin
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€76,678
2024 · €61,069+€15,610
Equity
€612,748
2024 · €536,070+€76,678
Cash
€43,350
2024 · €44,469-€1,119
Balance sheet total
€2.3m
2024 · €2.3m+€19,284
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Reserves +€76,678
up €76,678 (+18.7%), from €409,213 to €485,892
of which Distributable reserves: +€76,678
- Debts after one year -€59,273
down €59,273 (-3.6%), from €1.6m to €1.6m
Income statement
- Gross operating margin +€14,651
up €14,651 (+14.1%), from €104,145 to €118,796
- Taxes +€3,839
up €3,839 (+19.8%), from €19,381 to €23,220
- Depreciation -€3,050
down €3,050 (-13.4%), from €22,761 to €19,711
- Financial charges -€1,475
down €1,475 (-10.7%), from €13,794 to €12,319
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.
Result 2024
€61,069
Gross operating margin
+€14,651
Depreciation
+€3,050
Other operating charges
+€273
Financial charges
+€1,475
Taxes
-€3,839
Result 2025
€76,678
raises the resultlowers the result
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.
From operations
+€58,626
Investment
-€1,889
Financing
-€57,856
Cash 2024
€44,469
From operations (derived)
+€58,626
Net result for the year
+€76,678
Depreciation
+€19,711
Receivables after one year
-€16,288
Receivables within one year
-€21,937
Trade debts
+€356
Tax, wage and social debts
+€1,903
Other debts
-€1,797
Investment (derived)
-€1,889
Investment in fixed assets (net)
-€1,889
Financing
-€57,856
Debts after one year
-€59,273
Current portion of long-term debt
+€1,631
Short-term financial debts
-€214
Cash 2025
€43,350
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,260,187 | €2,279,471 | +€19,284 | +0.9% |
| Fixed assets | 21/28 | €1,269,880 | €1,252,057 | -€17,823 | -1.4% |
| Tangible fixed assets | 22/27 | €1,229,880 | €1,212,057 | -€17,823 | -1.4% |
| Plant, machinery and equipment | 23 | €722 | €728 | +€6 | +0.8% |
| Furniture and vehicles | 24 | €2,426 | €0 | -€2,426 | -100% |
| Other tangible fixed assets | 26 | €1,226,731 | €1,211,329 | -€15,402 | -1.3% |
| Financial fixed assets | 28 | €40,000 | €40,000 | = | 0.0% |
| Current assets | 29/58 | €990,307 | €1,027,413 | +€37,107 | +3.7% |
| Amounts receivable after more than one year | 29 | €884,774 | €901,063 | +€16,288 | +1.8% |
| Trade receivables | 290 | €884,774 | €901,063 | +€16,288 | +1.8% |
| Amounts receivable within one year | 40/41 | €61,064 | €83,001 | +€21,937 | +35.9% |
| Trade receivables | 40 | €55,370 | €56,221 | +€852 | +1.5% |
| Other amounts receivable | 41 | €5,694 | €26,780 | +€21,085 | +370% |
| Cash at bank and in hand | 54/58 | €44,469 | €43,350 | -€1,119 | -2.5% |
| Total equity and liabilities | 10/49 | €2,260,187 | €2,279,471 | +€19,284 | +0.9% |
| Equity | 10/15 | €536,070 | €612,748 | +€76,678 | +14.3% |
| Contributions | 10/11 | €126,857 | €126,857 | = | 0.0% |
| Reserves | 13 | €409,213 | €485,892 | +€76,678 | +18.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €409,213 | €485,892 | +€76,678 | +18.7% |
| Amounts payable | 17/49 | €1,724,117 | €1,666,722 | -€57,394 | -3.3% |
| Amounts payable after more than one year | 17 | €1,628,424 | €1,569,151 | -€59,273 | -3.6% |
| Financial debts | 170/4 | €1,628,424 | €1,569,151 | -€59,273 | -3.6% |
| Amounts payable within one year | 42/48 | €95,692 | €97,571 | +€1,879 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €57,642 | €59,273 | +€1,631 | +2.8% |
| Financial debts | 43 | €315 | €101 | -€214 | -67.9% |
| Credit institutions | 430/8 | €315 | €101 | -€214 | -67.9% |
| Trade debts | 44 | €2,489 | €2,845 | +€356 | +14.3% |
| Suppliers | 440/4 | €2,489 | €2,845 | +€356 | +14.3% |
| Taxes, remuneration and social security | 45 | €10,390 | €12,293 | +€1,903 | +18.3% |
| Taxes | 450/3 | €10,390 | €12,293 | +€1,903 | +18.3% |
| Other amounts payable | 47/48 | €24,856 | €23,058 | -€1,797 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,761 | €19,711 | -€3,050 | -13.4% |
| Other operating charges | 640/8 | €3,775 | €3,502 | -€273 | -7.2% |
| Gross operating margin | 9900 | €104,145 | €118,796 | +€14,651 | +14.1% |
| Operating profit (loss) | 9901 | €77,609 | €95,583 | +€17,974 | +23.2% |
| Financial income | 75/76B | €16,635 | €16,635 | = | 0.0% |
| Recurring financial income | 75 | €16,635 | €16,635 | = | 0.0% |
| Financial charges | 65/66B | €13,794 | €12,319 | -€1,475 | -10.7% |
| Recurring financial charges | 65 | €13,794 | €12,319 | -€1,475 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €80,450 | €99,899 | +€19,449 | +24.2% |
| Income taxes | 67/77 | €19,381 | €23,220 | +€3,839 | +19.8% |
| Profit (loss) for the period | 9904 | €61,069 | €76,678 | +€15,610 | +25.6% |
| Profit (loss) for the period to be appropriated | 9905 | €61,069 | €76,678 | +€15,610 | +25.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.