INDUPRO: 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.
INDUPRO
Largest movements
- Tangible fixed assets -€51,108
down €51,108 (-7.3%), from €698,832 to €647,724
of which Land and buildings: -€51,108
- Cash +€11,007
up €11,007 (+113%), from €9,751 to €20,758
mainly Depreciation (+€58,195) and Other debts (+€10,411)
- Debts after one year -€23,359
down €23,359 (-10.0%), from €233,134 to €209,775
- Other debts +€10,411
up €10,411 (+352%), from €2,954 to €13,365
- Other operating charges -€1,875
down €1,875 (-14.6%), from €12,818 to €10,943
- Depreciation +€1,796
up €1,796 (+3.2%), from €56,399 to €58,195
- Gross operating margin +€1,380
up €1,380 (+2.4%), from €56,744 to €58,123
- Financial charges -€1,181
down €1,181 (-22.8%), from €5,170 to €3,989
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €760,643 | €719,299 | -€41,345 | -5.4% |
| Fixed assets | 21/28 | €698,881 | €647,774 | -€51,108 | -7.3% |
| Tangible fixed assets | 22/27 | €698,832 | €647,724 | -€51,108 | -7.3% |
| Land and buildings | 22 | €698,832 | €647,724 | -€51,108 | -7.3% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €61,762 | €71,525 | +€9,763 | +15.8% |
| Amounts receivable after more than one year | 29 | €2,650 | €0 | -€2,650 | -100% |
| Other amounts receivable | 291 | €2,650 | €0 | -€2,650 | -100% |
| Amounts receivable within one year | 40/41 | €49,360 | €50,722 | +€1,361 | +2.8% |
| Trade receivables | 40 | €49,360 | €50,722 | +€1,361 | +2.8% |
| Cash at bank and in hand | 54/58 | €9,751 | €20,758 | +€11,007 | +113% |
| Deferred charges and accrued income | 490/1 | - | €45 | +€45 | |
| Total equity and liabilities | 10/49 | €760,643 | €719,299 | -€41,345 | -5.4% |
| Equity | 10/15 | €326,690 | €314,678 | -€12,012 | -3.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €257,671 | €251,859 | -€5,812 | -2.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,812 | €0 | -€5,812 | -100% |
| Distributable reserves | 133 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,427 | €44,227 | -€6,200 | -12.3% |
| Provisions and deferred taxes | 16 | €160,559 | €157,566 | -€2,993 | -1.9% |
| Provisions for liabilities and charges | 160/5 | €157,566 | €157,566 | = | 0.0% |
| Pensions and similar obligations | 160 | €157,566 | €157,566 | = | 0.0% |
| Deferred taxes | 168 | €2,993 | €0 | -€2,993 | -100% |
| Amounts payable | 17/49 | €273,395 | €247,055 | -€26,340 | -9.6% |
| Amounts payable after more than one year | 17 | €233,134 | €209,775 | -€23,359 | -10.0% |
| Financial debts | 170/4 | €233,134 | €209,775 | -€23,359 | -10.0% |
| Amounts payable within one year | 42/48 | €40,261 | €37,280 | -€2,981 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | €30,297 | €23,359 | -€6,939 | -22.9% |
| Trade debts | 44 | €7,010 | €556 | -€6,454 | -92.1% |
| Suppliers | 440/4 | €7,010 | €556 | -€6,454 | -92.1% |
| Other amounts payable | 47/48 | €2,954 | €13,365 | +€10,411 | +352% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,399 | €58,195 | +€1,796 | +3.2% |
| Other operating charges | 640/8 | €12,818 | €10,943 | -€1,875 | -14.6% |
| Gross operating margin | 9900 | €56,744 | €58,123 | +€1,380 | +2.4% |
| Operating profit (loss) | 9901 | -€12,474 | -€11,015 | +€1,458 | +11.7% |
| Financial income | 75/76B | €141 | - | -€141 | |
| Recurring financial income | 75 | €141 | - | -€141 | |
| Financial charges | 65/66B | €5,170 | €3,989 | -€1,181 | -22.8% |
| Recurring financial charges | 65 | €5,170 | €3,989 | -€1,181 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | -€17,503 | -€15,005 | +€2,498 | +14.3% |
| Transfer from deferred taxes | 780 | €2,993 | €2,993 | +€0 | 0.0% |
| Profit (loss) for the period | 9904 | -€14,510 | -€12,012 | +€2,498 | +17.2% |
| Transfer from tax-exempt reserves | 789 | €5,812 | €5,812 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,698 | -€6,200 | +€2,499 | +28.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.