INDUSOFT: 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.
INDUSOFT
Largest movements
- Cash -€100,120
down €100,120 (-58.7%), from €170,657 to €70,537
mainly Current investments (-€100,000) and Investment in fixed assets (net) (-€96,855)
- Current investments +€100,000
new in 2025: €100,000
- Tangible fixed assets +€85,688
up €85,688 (+2432.3%), from €3,523 to €89,210
of which Plant, machinery and equipment: +€85,705
- Receivables within one year -€40,407
down €40,407 (-33.4%), from €121,106 to €80,698
of which Trade receivables: -€43,243
- Deferred charges and accrued income +€4,500
up €4,500 (+243.2%), from €1,850 to €6,350
- Reserves +€38,162
up €38,162 (+36.3%), from €105,268 to €143,430
- Trade debts +€23,903
up €23,903 (+664.1%), from €3,599 to €27,502
- Accrued charges and deferred income -€8,686
down €8,686 (-95.1%), from €9,136 to €450
- Gross operating margin -€60,341
down €60,341 (-31.6%), from €190,726 to €130,385
- Staff costs +€48,069
up €48,069 (+182.4%), from €26,357 to €74,426
- Financial income -€15,505
down €15,505 (-58.2%), from €26,655 to €11,150
- Depreciation +€8,190
up €8,190 (+236.2%), from €3,467 to €11,657
- Taxes -€5,581
down €5,581 (-25.8%), from €21,644 to €16,064
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 | €297,958 | €347,128 | +€49,170 | +16.5% |
| Fixed assets | 21/28 | €4,345 | €89,543 | +€85,197 | +1960.6% |
| Intangible fixed assets | 21 | €822 | €332 | -€490 | -59.6% |
| Tangible fixed assets | 22/27 | €3,523 | €89,210 | +€85,688 | +2432.3% |
| Plant, machinery and equipment | 23 | - | €85,705 | +€85,705 | |
| Furniture and vehicles | 24 | €3,523 | €3,505 | -€18 | -0.5% |
| Current assets | 29/58 | €293,613 | €257,585 | -€36,028 | -12.3% |
| Amounts receivable within one year | 40/41 | €121,106 | €80,698 | -€40,407 | -33.4% |
| Trade receivables | 40 | €102,763 | €59,520 | -€43,243 | -42.1% |
| Other amounts receivable | 41 | €18,343 | €21,178 | +€2,836 | +15.5% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €170,657 | €70,537 | -€100,120 | -58.7% |
| Deferred charges and accrued income | 490/1 | €1,850 | €6,350 | +€4,500 | +243.2% |
| Total equity and liabilities | 10/49 | €297,958 | €347,128 | +€49,170 | +16.5% |
| Equity | 10/15 | €123,868 | €162,030 | +€38,162 | +30.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €105,268 | €143,430 | +€38,162 | +36.3% |
| Distributable reserves | 133 | €105,268 | €143,430 | +€38,162 | +36.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €174,090 | €185,097 | +€11,007 | +6.3% |
| Amounts payable within one year | 42/48 | €164,955 | €184,647 | +€19,693 | +11.9% |
| Trade debts | 44 | €3,599 | €27,502 | +€23,903 | +664.1% |
| Suppliers | 440/4 | €3,599 | €27,502 | +€23,903 | +664.1% |
| Taxes, remuneration and social security | 45 | €40,496 | €37,146 | -€3,351 | -8.3% |
| Taxes | 450/3 | €31,711 | €14,523 | -€17,188 | -54.2% |
| Remuneration and social security | 454/9 | €8,786 | €22,623 | +€13,837 | +157.5% |
| Other amounts payable | 47/48 | €120,859 | €120,000 | -€859 | -0.7% |
| Accrued charges and deferred income | 492/3 | €9,136 | €450 | -€8,686 | -95.1% |
| Remuneration, social security and pensions | 62 | €26,357 | €74,426 | +€48,069 | +182.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,467 | €11,657 | +€8,190 | +236.2% |
| Other operating charges | 640/8 | €1,065 | €1,099 | +€34 | +3.2% |
| Gross operating margin | 9900 | €190,726 | €130,385 | -€60,341 | -31.6% |
| Operating profit (loss) | 9901 | €159,836 | €43,203 | -€116,633 | -73.0% |
| Financial income | 75/76B | €26,655 | €11,150 | -€15,505 | -58.2% |
| Recurring financial income | 75 | €26,655 | €11,150 | -€15,505 | -58.2% |
| Financial charges | 65/66B | €45 | €127 | +€82 | +184.5% |
| Recurring financial charges | 65 | €45 | €127 | +€82 | +184.5% |
| Profit (loss) for the period before taxes | 9903 | €186,446 | €54,226 | -€132,220 | -70.9% |
| Income taxes | 67/77 | €21,644 | €16,064 | -€5,581 | -25.8% |
| Profit (loss) for the period | 9904 | €164,802 | €38,162 | -€126,639 | -76.8% |
| Profit (loss) for the period to be appropriated | 9905 | €164,802 | €38,162 | -€126,639 | -76.8% |
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 11 October 2026 via checked.be.