INDUSTIP: 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.
INDUSTIP
Largest movements
- Cash +€34,369
up €34,369 (+327.3%), from €10,499 to €44,869
mainly Net result for the year (+€17,353) and Receivables within one year (+€14,823)
- Receivables within one year -€14,823
down €14,823 (-98.8%), from €15,000 to €177
of which Trade receivables: -€15,000
- Reserves +€17,353
up €17,353 (+594.0%), from €2,922 to €20,275
- Tax, wage and social debts +€4,224
up €4,224 (+54.5%), from €7,752 to €11,976
- Trade debts -€3,220
down €3,220 (-81.5%), from €3,948 to €729
- Short-term financial debts +€2,473
new in 2025: €2,473
- Accrued charges and deferred income -€1,600
no longer reported in 2025 (was €1,600)
- Gross operating margin +€21,247
up €21,247 (+230.1%), from €9,234 to €30,480
- Taxes +€4,224
up €4,224 (+93.8%), from €4,502 to €8,726
- Other operating charges +€2,264
up €2,264 (+152.8%), from €1,481 to €3,745
- Financial charges +€327
up €327 (+99.1%), from €330 to €656
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 | €28,870 | €48,725 | +€19,855 | +68.8% |
| Fixed assets | 21/28 | €112 | €112 | = | 0.0% |
| Financial fixed assets | 28 | €112 | €112 | = | 0.0% |
| Current assets | 29/58 | €28,758 | €48,612 | +€19,855 | +69.0% |
| Amounts receivable within one year | 40/41 | €15,000 | €177 | -€14,823 | -98.8% |
| Trade receivables | 40 | €15,000 | - | -€15,000 | |
| Other amounts receivable | 41 | - | €177 | +€177 | |
| Cash at bank and in hand | 54/58 | €10,499 | €44,869 | +€34,369 | +327.3% |
| Deferred charges and accrued income | 490/1 | €3,258 | €3,567 | +€309 | +9.5% |
| Total equity and liabilities | 10/49 | €28,870 | €48,725 | +€19,855 | +68.8% |
| Equity | 10/15 | €7,922 | €25,275 | +€17,353 | +219.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €2,922 | €20,275 | +€17,353 | +594.0% |
| Distributable reserves | 133 | €2,922 | €20,275 | +€17,353 | +594.0% |
| Amounts payable | 17/49 | €20,948 | €23,450 | +€2,502 | +11.9% |
| Amounts payable within one year | 42/48 | €19,348 | €23,450 | +€4,102 | +21.2% |
| Financial debts | 43 | - | €2,473 | +€2,473 | |
| Credit institutions | 430/8 | - | €2,473 | +€2,473 | |
| Trade debts | 44 | €3,948 | €729 | -€3,220 | -81.5% |
| Suppliers | 440/4 | €3,948 | €729 | -€3,220 | -81.5% |
| Taxes, remuneration and social security | 45 | €7,752 | €11,976 | +€4,224 | +54.5% |
| Taxes | 450/3 | €7,752 | €11,976 | +€4,224 | +54.5% |
| Other amounts payable | 47/48 | €7,648 | €8,272 | +€624 | +8.2% |
| Accrued charges and deferred income | 492/3 | €1,600 | - | -€1,600 | |
| Other operating charges | 640/8 | €1,481 | €3,745 | +€2,264 | +152.8% |
| Gross operating margin | 9900 | €9,234 | €30,480 | +€21,247 | +230.1% |
| Operating profit (loss) | 9901 | €7,752 | €26,736 | +€18,983 | +244.9% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €330 | €656 | +€327 | +99.1% |
| Recurring financial charges | 65 | €330 | €656 | +€327 | +99.1% |
| Profit (loss) for the period before taxes | 9903 | €7,424 | €26,079 | +€18,656 | +251.3% |
| Income taxes | 67/77 | €4,502 | €8,726 | +€4,224 | +93.8% |
| Profit (loss) for the period | 9904 | €2,922 | €17,353 | +€14,432 | +494.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,922 | €17,353 | +€14,432 | +494.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.