INDUSCLEAN: 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.
INDUSCLEAN
Largest movements
- Receivables within one year +€1.3m
up €1.3m (+294.4%), from €446,412 to €1.8m
of which Other amounts receivable: +€1.3m
- Financial fixed assets -€781,249
down €781,249 (-99.8%), from €783,059 to €1,810
- Current investments -€98,725
down €98,725 (-48.1%), from €205,146 to €106,421
- Cash -€78,069
down €78,069 (-27.7%), from €281,671 to €203,602
mainly Receivables within one year (-€1.3m) and Contributions, distributions and other (-€700,000)
- Tangible fixed assets -€27,330
down €27,330 (-5.3%), from €512,168 to €484,838
of which Plant, machinery and equipment: -€82,247
- Reserves +€829,521
up €829,521 (+350.8%), from €236,476 to €1.1m
of which Distributable reserves: +€829,521
- Other debts -€569,290
down €569,290 (-44.8%), from €1.3m to €700,071
- Trade debts +€100,231
up €100,231 (+36.8%), from €272,479 to €372,710
- Debts after one year -€36,191
down €36,191 (-100.0%), from €36,191 to €0
- Tax, wage and social debts +€35,020
up €35,020 (+40.5%), from €86,551 to €121,571
of which Remuneration and social security: +€28,281
- Gross operating margin +€865,346
up €865,346 (+52.4%), from €1.7m to €2.5m
- Staff costs +€123,708
up €123,708 (+18.7%), from €662,863 to €786,571
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 | €2,274,645 | €2,611,040 | +€336,395 | +14.8% |
| Fixed assets | 21/28 | €1,321,757 | €503,472 | -€818,285 | -61.9% |
| Intangible fixed assets | 21 | €26,530 | €16,824 | -€9,706 | -36.6% |
| Tangible fixed assets | 22/27 | €512,168 | €484,838 | -€27,330 | -5.3% |
| Plant, machinery and equipment | 23 | €392,147 | €309,900 | -€82,247 | -21.0% |
| Furniture and vehicles | 24 | €5,558 | €86,076 | +€80,517 | +1448.6% |
| Other tangible fixed assets | 26 | €114,463 | €88,863 | -€25,600 | -22.4% |
| Financial fixed assets | 28 | €783,059 | €1,810 | -€781,249 | -99.8% |
| Current assets | 29/58 | €952,889 | €2,107,568 | +€1.2m | +121.2% |
| Stocks and contracts in progress | 3 | €9,316 | €9,645 | +€329 | +3.5% |
| Stocks | 30/36 | €9,316 | €9,645 | +€329 | +3.5% |
| Amounts receivable within one year | 40/41 | €446,412 | €1,760,822 | +€1.3m | +294.4% |
| Trade receivables | 40 | €429,808 | €464,358 | +€34,551 | +8.0% |
| Other amounts receivable | 41 | €16,604 | €1,296,464 | +€1.3m | +7708.3% |
| Current investments | 50/53 | €205,146 | €106,421 | -€98,725 | -48.1% |
| Cash at bank and in hand | 54/58 | €281,671 | €203,602 | -€78,069 | -27.7% |
| Deferred charges and accrued income | 490/1 | €10,344 | €27,077 | +€16,733 | +161.8% |
| Total equity and liabilities | 10/49 | €2,274,645 | €2,611,040 | +€336,395 | +14.8% |
| Equity | 10/15 | €548,476 | €1,377,997 | +€829,521 | +151.2% |
| Contributions | 10/11 | €312,000 | €312,000 | = | 0.0% |
| Capital | 10 | €312,000 | €312,000 | = | 0.0% |
| Issued capital | 100 | €312,000 | €312,000 | = | 0.0% |
| Reserves | 13 | €236,476 | €1,065,997 | +€829,521 | +350.8% |
| Non-distributable reserves | 130/1 | €31,200 | €31,200 | = | 0.0% |
| Legal reserve | 130 | €31,200 | €31,200 | = | 0.0% |
| Distributable reserves | 133 | €205,276 | €1,034,797 | +€829,521 | +404.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,726,170 | €1,233,043 | -€493,126 | -28.6% |
| Amounts payable after more than one year | 17 | €36,191 | €0 | -€36,191 | -100.0% |
| Financial debts | 170/4 | €36,191 | €0 | -€36,191 | -100.0% |
| Amounts payable within one year | 42/48 | €1,689,317 | €1,230,543 | -€458,773 | -27.2% |
| Current portion of amounts payable after more than one year | 42 | €60,925 | €36,191 | -€24,734 | -40.6% |
| Trade debts | 44 | €272,479 | €372,710 | +€100,231 | +36.8% |
| Suppliers | 440/4 | €272,479 | €372,710 | +€100,231 | +36.8% |
| Taxes, remuneration and social security | 45 | €86,551 | €121,571 | +€35,020 | +40.5% |
| Taxes | 450/3 | €13,228 | €19,967 | +€6,739 | +50.9% |
| Remuneration and social security | 454/9 | €73,322 | €101,604 | +€28,281 | +38.6% |
| Other amounts payable | 47/48 | €1,269,362 | €700,071 | -€569,290 | -44.8% |
| Accrued charges and deferred income | 492/3 | €662 | €2,500 | +€1,838 | +277.6% |
| Non-recurring operating income | 76A | - | €690,309 | +€690,309 | |
| Remuneration, social security and pensions | 62 | €662,863 | €786,571 | +€123,708 | +18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €170,350 | €184,391 | +€14,041 | +8.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,093 | €623 | +€1,715 | |
| Other operating charges | 640/8 | €8,712 | €2,694 | -€6,018 | -69.1% |
| Non-recurring operating charges | 66A | €0 | €4,000 | +€4,000 | |
| Gross operating margin | 9900 | €1,652,517 | €2,517,864 | +€865,346 | +52.4% |
| Operating profit (loss) | 9901 | €811,685 | €1,539,585 | +€727,900 | +89.7% |
| Financial income | 75/76B | €6,692 | €3,744 | -€2,948 | -44.1% |
| Recurring financial income | 75 | €6,692 | €3,744 | -€2,948 | -44.1% |
| Financial charges | 65/66B | €6,367 | €6,980 | +€612 | +9.6% |
| Recurring financial charges | 65 | €6,367 | €6,980 | +€612 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | €812,009 | €1,536,349 | +€724,340 | +89.2% |
| Income taxes | 67/77 | €6,734 | €6,828 | +€94 | +1.4% |
| Profit (loss) for the period | 9904 | €805,276 | €1,529,521 | +€724,245 | +89.9% |
| Profit (loss) for the period to be appropriated | 9905 | €805,276 | €1,529,521 | +€724,245 | +89.9% |
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 30 September 2026 via checked.be.