Industriehuis: 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.
Industriehuis
Largest movements
- Current investments +€129,263
up €129,263 (+61.7%), from €209,634 to €338,897
- Tangible fixed assets -€20,490
down €20,490 (-100%), from €20,490 to €0
- Reserves +€74,379
up €74,379 (+41.8%), from €177,929 to €252,308
of which Distributable reserves: +€83,423
- Tax, wage and social debts +€38,000
new in 2025: €38,000
- Gross operating margin +€110,976
up €110,976, from -€4,196 to €106,781
- Taxes +€39,238
up €39,238 (+6,506%), from €603 to €39,841
- Financial income +€2,052
up €2,052 (+46.0%), from €4,466 to €6,518
- Depreciation -€2,041
down €2,041 (-100%), from €2,041 to €0
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 | €244,015 | €352,792 | +€108,778 | +44.6% |
| Fixed assets | 21/28 | €20,668 | €0 | -€20,668 | -100% |
| Tangible fixed assets | 22/27 | €20,490 | €0 | -€20,490 | -100% |
| Land and buildings | 22 | €20,490 | €0 | -€20,490 | -100% |
| Financial fixed assets | 28 | €179 | €0 | -€179 | -100% |
| Current assets | 29/58 | €223,346 | €352,792 | +€129,446 | +58.0% |
| Current investments | 50/53 | €209,634 | €338,897 | +€129,263 | +61.7% |
| Cash at bank and in hand | 54/58 | €7,837 | €8,020 | +€183 | +2.3% |
| Deferred charges and accrued income | 490/1 | €5,875 | €5,875 | = | 0.0% |
| Total equity and liabilities | 10/49 | €244,015 | €352,792 | +€108,778 | +44.6% |
| Equity | 10/15 | €239,929 | €314,308 | +€74,379 | +31.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €177,929 | €252,308 | +€74,379 | +41.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,758 | €7,714 | -€9,044 | -54.0% |
| Distributable reserves | 133 | €154,970 | €238,394 | +€83,423 | +53.8% |
| Provisions and deferred taxes | 16 | €3,015 | €0 | -€3,015 | -100% |
| Deferred taxes | 168 | €3,015 | €0 | -€3,015 | -100% |
| Amounts payable | 17/49 | €1,071 | €38,484 | +€37,413 | +3,493% |
| Amounts payable within one year | 42/48 | €35 | €38,097 | +€38,062 | +109,752% |
| Trade debts | 44 | €0 | €62 | +€62 | |
| Suppliers | 440/4 | €0 | €62 | +€62 | |
| Taxes, remuneration and social security | 45 | - | €38,000 | +€38,000 | |
| Taxes | 450/3 | - | €38,000 | +€38,000 | |
| Other amounts payable | 47/48 | €35 | €35 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,037 | €387 | -€649 | -62.6% |
| Non-recurring operating income | 76A | - | €113,214 | +€113,214 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,041 | €0 | -€2,041 | -100% |
| Other operating charges | 640/8 | €1,726 | €1,933 | +€207 | +12.0% |
| Non-recurring operating charges | 66A | - | €179 | +€179 | |
| Gross operating margin | 9900 | -€4,196 | €106,781 | +€110,976 | |
| Operating profit (loss) | 9901 | -€7,963 | €104,669 | +€112,632 | |
| Financial income | 75/76B | €4,466 | €6,518 | +€2,052 | +46.0% |
| Recurring financial income | 75 | €4,466 | €6,518 | +€2,052 | +46.0% |
| Financial charges | 65/66B | -€382 | -€19 | +€363 | +95.1% |
| Recurring financial charges | 65 | -€382 | -€19 | +€363 | +95.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,115 | €111,206 | +€114,321 | |
| Transfer from deferred taxes | 780 | €476 | €3,015 | +€2,539 | +533% |
| Income taxes | 67/77 | €603 | €39,841 | +€39,238 | +6,506% |
| Profit (loss) for the period | 9904 | -€3,242 | €74,379 | +€77,622 | |
| Transfer from tax-exempt reserves | 789 | €1,428 | €9,044 | +€7,616 | +533% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,814 | €83,423 | +€85,238 |
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 25 October 2026 via checked.be.