Ingedicon: 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.
Ingedicon
Largest movements
- Receivables within one year +€10,003
up €10,003 (+62.5%), from €16,000 to €26,003
of which Trade receivables: +€7,897
- Stocks and contracts -€5,353
down €5,353 (-8.7%), from €61,624 to €56,271
- Tangible fixed assets -€3,391
down €3,391 (-35.1%), from €9,654 to €6,264
- Intangible fixed assets -€1,791
down €1,791 (-4.0%), from €44,362 to €42,570
- Other debts +€55,868
up €55,868 (+223.9%), from €24,956 to €80,824
- Trade debts -€36,052
down €36,052 (-71.1%), from €50,736 to €14,684
- Profit (loss) carried forward -€20,276
down €20,276 (-121.6%), from -€16,671 to -€36,947
- Gross operating margin -€19,082
down €19,082, from €11,132 to -€7,950
- Financial charges -€561
down €561 (-59.3%), from €946 to €385
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €131,640 | €131,107 | -€533 | -0.4% |
| Fixed assets | 21/28 | €54,016 | €48,834 | -€5,182 | -9.6% |
| Intangible fixed assets | 21 | €44,362 | €42,570 | -€1,791 | -4.0% |
| Tangible fixed assets | 22/27 | €9,654 | €6,264 | -€3,391 | -35.1% |
| Plant, machinery and equipment | 23 | €9,654 | €6,264 | -€3,391 | -35.1% |
| Current assets | 29/58 | €77,624 | €82,273 | +€4,649 | +6.0% |
| Stocks and contracts in progress | 3 | €61,624 | €56,271 | -€5,353 | -8.7% |
| Stocks | 30/36 | €61,624 | €56,271 | -€5,353 | -8.7% |
| Amounts receivable within one year | 40/41 | €16,000 | €26,003 | +€10,003 | +62.5% |
| Trade receivables | 40 | €16,000 | €23,897 | +€7,897 | +49.4% |
| Other amounts receivable | 41 | - | €2,106 | +€2,106 | |
| Total equity and liabilities | 10/49 | €131,640 | €131,107 | -€533 | -0.4% |
| Equity | 10/15 | €38,323 | €18,047 | -€20,276 | -52.9% |
| Contributions | 10/11 | €54,994 | €54,994 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,671 | -€36,947 | -€20,276 | -121.6% |
| Amounts payable | 17/49 | €93,317 | €113,061 | +€19,744 | +21.2% |
| Amounts payable after more than one year | 17 | €12,579 | €12,579 | = | 0.0% |
| Financial debts | 170/4 | €12,579 | €12,579 | = | 0.0% |
| Amounts payable within one year | 42/48 | €80,738 | €100,481 | +€19,744 | +24.5% |
| Financial debts | 43 | €4,418 | €4,973 | +€555 | +12.6% |
| Credit institutions | 430/8 | €4,418 | €4,973 | +€555 | +12.6% |
| Trade debts | 44 | €50,736 | €14,684 | -€36,052 | -71.1% |
| Suppliers | 440/4 | €50,736 | €14,684 | -€36,052 | -71.1% |
| Taxes, remuneration and social security | 45 | €627 | - | -€627 | |
| Taxes | 450/3 | €627 | - | -€627 | |
| Other amounts payable | 47/48 | €24,956 | €80,824 | +€55,868 | +223.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,773 | €11,816 | +€43 | +0.4% |
| Other operating charges | 640/8 | €247 | €214 | -€33 | -13.5% |
| Gross operating margin | 9900 | €11,132 | -€7,950 | -€19,082 | |
| Operating profit (loss) | 9901 | -€887 | -€19,979 | -€19,092 | -2151.3% |
| Financial income | 75/76B | €198 | €88 | -€110 | -55.6% |
| Recurring financial income | 75 | €198 | €88 | -€110 | -55.6% |
| Financial charges | 65/66B | €946 | €385 | -€561 | -59.3% |
| Recurring financial charges | 65 | €946 | €385 | -€561 | -59.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,636 | -€20,276 | -€18,641 | -1139.4% |
| Profit (loss) for the period | 9904 | -€1,636 | -€20,276 | -€18,641 | -1139.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,636 | -€20,276 | -€18,641 | -1139.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.