INDUTEX: what changed
What changed
INDUTEX
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
€53,229
2024 · €38,044+€15,185
Equity
€287,967
2024 · €234,739+€53,229
Cash
€18,795
2024 · €42,680-€23,885
Balance sheet total
€700,024
2024 · €707,102-€7,078
Largest movements
Assets
- Cash -€23,885
down €23,885 (-56.0%), from €42,680 to €18,795
mainly Debts after one year (-€70,295) and Receivables within one year (-€18,614)
- Receivables within one year +€18,614
up €18,614 (+37.0%), from €50,356 to €68,970
Equity and liabilities
- Debts after one year -€70,295
down €70,295 (-27.0%), from €260,477 to €190,183
- Reserves +€53,229
up €53,229 (+33.9%), from €156,800 to €210,029
- Other debts +€7,458
up €7,458 (+5.8%), from €129,282 to €136,740
Income statement
- Gross operating margin +€28,289
up €28,289 (+35.2%), from €80,454 to €108,744
- Taxes +€7,291
up €7,291 (+38.7%), from €18,833 to €26,124
- Depreciation +€2,663
up €2,663 (+31.2%), from €8,540 to €11,203
- Financial income -€1,893
no longer reported in 2025 (was €1,893)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€38,044
Gross operating margin
+€28,289
Depreciation
-€2,663
Other operating charges
-€258
Financial income
-€1,893
Financial charges
-€999
Taxes
-€7,291
Result 2025
€53,229
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€56,554
Investment
-€8,937
Financing
-€71,501
Cash 2024
€42,680
From operations (derived)
+€56,554
Net result for the year
+€53,229
Depreciation
+€11,203
Stocks and contracts
+€1,265
Receivables within one year
-€18,614
Deferred charges and accrued income
-€1,724
Trade debts
+€2,342
Tax, wage and social debts
+€1,947
Other debts
+€7,458
Accrued charges and deferred income
-€552
Investment (derived)
-€8,937
Investment in fixed assets (net)
-€8,937
Financing
-€71,501
Debts after one year
-€70,295
Current portion of long-term debt
-€1,207
Cash 2025
€18,795
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €707,102 | €700,024 | -€7,078 | -1.0% |
| Fixed assets | 21/28 | €610,078 | €607,812 | -€2,266 | -0.4% |
| Tangible fixed assets | 22/27 | €9,973 | €7,707 | -€2,266 | -22.7% |
| Plant, machinery and equipment | 23 | €1,118 | €2,890 | +€1,771 | +158% |
| Furniture and vehicles | 24 | - | €3,943 | +€3,943 | |
| Leasing and similar rights | 25 | €8,855 | €875 | -€7,980 | -90.1% |
| Financial fixed assets | 28 | €600,105 | €600,105 | = | 0.0% |
| Current assets | 29/58 | €97,024 | €92,212 | -€4,812 | -5.0% |
| Stocks and contracts in progress | 3 | €2,150 | €885 | -€1,265 | -58.8% |
| Stocks | 30/36 | €2,150 | €885 | -€1,265 | -58.8% |
| Amounts receivable within one year | 40/41 | €50,356 | €68,970 | +€18,614 | +37.0% |
| Trade receivables | 40 | €50,356 | €68,970 | +€18,614 | +37.0% |
| Cash at bank and in hand | 54/58 | €42,680 | €18,795 | -€23,885 | -56.0% |
| Deferred charges and accrued income | 490/1 | €1,837 | €3,562 | +€1,724 | +93.8% |
| Total equity and liabilities | 10/49 | €707,102 | €700,024 | -€7,078 | -1.0% |
| Equity | 10/15 | €234,739 | €287,967 | +€53,229 | +22.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €156,800 | €210,029 | +€53,229 | +33.9% |
| Distributable reserves | 133 | €156,800 | €210,029 | +€53,229 | +33.9% |
| Profit (loss) carried forward | 14 | €59,338 | €59,338 | = | 0.0% |
| Amounts payable | 17/49 | €472,363 | €412,057 | -€60,307 | -12.8% |
| Amounts payable after more than one year | 17 | €260,477 | €190,183 | -€70,295 | -27.0% |
| Financial debts | 170/4 | €260,477 | €190,183 | -€70,295 | -27.0% |
| Amounts payable within one year | 42/48 | €209,822 | €220,362 | +€10,540 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €50,051 | €48,845 | -€1,207 | -2.4% |
| Trade debts | 44 | €2,366 | €4,707 | +€2,342 | +99.0% |
| Suppliers | 440/4 | €2,366 | €4,707 | +€2,342 | +99.0% |
| Taxes, remuneration and social security | 45 | €28,123 | €30,070 | +€1,947 | +6.9% |
| Taxes | 450/3 | €22,645 | €24,557 | +€1,913 | +8.4% |
| Remuneration and social security | 454/9 | €5,478 | €5,513 | +€34 | +0.6% |
| Other amounts payable | 47/48 | €129,282 | €136,740 | +€7,458 | +5.8% |
| Accrued charges and deferred income | 492/3 | €2,064 | €1,512 | -€552 | -26.8% |
| Non-recurring operating income | 76A | - | €1,000 | +€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,540 | €11,203 | +€2,663 | +31.2% |
| Other operating charges | 640/8 | €2,501 | €2,759 | +€258 | +10.3% |
| Gross operating margin | 9900 | €80,454 | €108,744 | +€28,289 | +35.2% |
| Operating profit (loss) | 9901 | €69,414 | €94,782 | +€25,368 | +36.5% |
| Financial income | 75/76B | €1,893 | - | -€1,893 | |
| Recurring financial income | 75 | €1,893 | - | -€1,893 | |
| Financial charges | 65/66B | €14,430 | €15,429 | +€999 | +6.9% |
| Recurring financial charges | 65 | €14,430 | €15,429 | +€999 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | €56,876 | €79,352 | +€22,476 | +39.5% |
| Income taxes | 67/77 | €18,833 | €26,124 | +€7,291 | +38.7% |
| Profit (loss) for the period | 9904 | €38,044 | €53,229 | +€15,185 | +39.9% |
| Profit (loss) for the period to be appropriated | 9905 | €38,044 | €53,229 | +€15,185 | +39.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.