INDUTECH INT.: 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.
INDUTECH INT.
Largest movements
- Cash +€65,826
up €65,826 (+81.0%), from €81,283 to €147,110
mainly Net result for the year (+€248,107) and Trade debts (+€104,371)
- Stocks and contracts +€42,754
up €42,754 (+8.9%), from €478,375 to €521,128
- Receivables within one year +€36,771
up €36,771 (+9.7%), from €378,289 to €415,060
of which Trade receivables: +€29,561
- Tangible fixed assets -€13,594
down €13,594 (-7.7%), from €177,454 to €163,860
of which Other tangible fixed assets: -€8,880
- Trade debts +€104,371
up €104,371 (+38.8%), from €269,170 to €373,540
- Other debts +€41,446
up €41,446 (+13.8%), from €300,378 to €341,824
- Debts after one year -€20,912
down €20,912 (-21.1%), from €99,162 to €78,250
- Gross operating margin +€203,399
up €203,399 (+28.8%), from €707,406 to €910,805
- Staff costs +€124,840
up €124,840 (+26.0%), from €479,388 to €604,228
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,124,303 | €1,250,536 | +€126,233 | +11.2% |
| Fixed assets | 21/28 | €177,504 | €164,508 | -€12,996 | -7.3% |
| Intangible fixed assets | 21 | - | €648 | +€648 | |
| Tangible fixed assets | 22/27 | €177,454 | €163,860 | -€13,594 | -7.7% |
| Plant, machinery and equipment | 23 | €54,201 | €56,053 | +€1,852 | +3.4% |
| Furniture and vehicles | 24 | €15,757 | €9,192 | -€6,566 | -41.7% |
| Other tangible fixed assets | 26 | €107,496 | €98,616 | -€8,880 | -8.3% |
| Financial fixed assets | 28 | €50 | - | -€50 | |
| Current assets | 29/58 | €946,799 | €1,086,027 | +€139,229 | +14.7% |
| Stocks and contracts in progress | 3 | €478,375 | €521,128 | +€42,754 | +8.9% |
| Stocks | 30/36 | €478,375 | €521,128 | +€42,754 | +8.9% |
| Amounts receivable within one year | 40/41 | €378,289 | €415,060 | +€36,771 | +9.7% |
| Trade receivables | 40 | €378,113 | €407,674 | +€29,561 | +7.8% |
| Other amounts receivable | 41 | €176 | €7,386 | +€7,210 | +4095.1% |
| Cash at bank and in hand | 54/58 | €81,283 | €147,110 | +€65,826 | +81.0% |
| Deferred charges and accrued income | 490/1 | €8,851 | €2,729 | -€6,122 | -69.2% |
| Total equity and liabilities | 10/49 | €1,124,303 | €1,250,536 | +€126,233 | +11.2% |
| Equity | 10/15 | €293,362 | €301,469 | +€8,107 | +2.8% |
| 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 | €231,362 | €239,469 | +€8,107 | +3.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €225,162 | €233,269 | +€8,107 | +3.6% |
| Amounts payable | 17/49 | €830,941 | €949,066 | +€118,126 | +14.2% |
| Amounts payable after more than one year | 17 | €99,162 | €78,250 | -€20,912 | -21.1% |
| Financial debts | 170/4 | €99,162 | €78,250 | -€20,912 | -21.1% |
| Amounts payable within one year | 42/48 | €701,679 | €842,447 | +€140,768 | +20.1% |
| Current portion of amounts payable after more than one year | 42 | €21,808 | €20,912 | -€896 | -4.1% |
| Trade debts | 44 | €269,170 | €373,540 | +€104,371 | +38.8% |
| Suppliers | 440/4 | €269,170 | €373,540 | +€104,371 | +38.8% |
| Advances received on contracts in progress | 46 | €8,732 | €8,732 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €101,592 | €97,439 | -€4,153 | -4.1% |
| Taxes | 450/3 | €67,966 | €32,069 | -€35,897 | -52.8% |
| Remuneration and social security | 454/9 | €33,625 | €65,370 | +€31,745 | +94.4% |
| Other amounts payable | 47/48 | €300,378 | €341,824 | +€41,446 | +13.8% |
| Accrued charges and deferred income | 492/3 | €30,100 | €28,370 | -€1,730 | -5.7% |
| Remuneration, social security and pensions | 62 | €479,388 | €604,228 | +€124,840 | +26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,316 | €35,302 | -€5,015 | -12.4% |
| Other operating charges | 640/8 | €3,670 | €4,119 | +€449 | +12.2% |
| Gross operating margin | 9900 | €707,406 | €910,805 | +€203,399 | +28.8% |
| Operating profit (loss) | 9901 | €184,032 | €267,157 | +€83,125 | +45.2% |
| Financial income | 75/76B | €10,091 | €10,069 | -€22 | -0.2% |
| Recurring financial income | 75 | €10,091 | €10,069 | -€22 | -0.2% |
| Financial charges | 65/66B | €9,158 | €9,215 | +€57 | +0.6% |
| Recurring financial charges | 65 | €9,158 | €9,215 | +€57 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €184,965 | €268,011 | +€83,046 | +44.9% |
| Income taxes | 67/77 | €13,692 | €19,904 | +€6,212 | +45.4% |
| Profit (loss) for the period | 9904 | €171,273 | €248,107 | +€76,834 | +44.9% |
| Profit (loss) for the period to be appropriated | 9905 | €171,273 | €248,107 | +€76,834 | +44.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.