GM INTRASOFT: 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.
GM INTRASOFT
Largest movements
- Receivables within one year -€23,463
down €23,463 (-25.0%), from €93,944 to €70,481
of which Other amounts receivable: -€25,097
- Cash -€17,245
down €17,245 (-30.8%), from €56,022 to €38,777
mainly Contributions, distributions and other (-€105,318) and Debts after one year (-€31,881)
- Tangible fixed assets -€15,085
down €15,085 (-7.1%), from €211,997 to €196,912
of which Land and buildings: -€8,701
- Reserves -€49,093
down €49,093 (-27.1%), from €180,985 to €131,892
- Debts after one year -€31,881
down €31,881 (-34.2%), from €93,167 to €61,285
- Other debts +€19,009
up €19,009 (+114%), from €16,648 to €35,657
- Tax, wage and social debts +€8,251
up €8,251 (+37.0%), from €22,288 to €30,539
- Gross operating margin +€11,328
up €11,328 (+13.1%), from €86,443 to €97,771
- Depreciation -€8,403
down €8,403 (-45.2%), from €18,577 to €10,174
- Taxes +€5,621
up €5,621 (+29.1%), from €19,343 to €24,965
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 | €367,037 | €312,275 | -€54,762 | -14.9% |
| Fixed assets | 21/28 | €211,997 | €196,912 | -€15,085 | -7.1% |
| Tangible fixed assets | 22/27 | €211,997 | €196,912 | -€15,085 | -7.1% |
| Land and buildings | 22 | €193,441 | €184,740 | -€8,701 | -4.5% |
| Plant, machinery and equipment | 23 | €0 | €0 | -€0 | -100% |
| Furniture and vehicles | 24 | €18,557 | €12,172 | -€6,385 | -34.4% |
| Current assets | 29/58 | €155,040 | €115,363 | -€39,677 | -25.6% |
| Amounts receivable within one year | 40/41 | €93,944 | €70,481 | -€23,463 | -25.0% |
| Trade receivables | 40 | €34,797 | €36,431 | +€1,633 | +4.7% |
| Other amounts receivable | 41 | €59,147 | €34,050 | -€25,097 | -42.4% |
| Current investments | 50/53 | €83 | €82 | -€1 | -1.2% |
| Cash at bank and in hand | 54/58 | €56,022 | €38,777 | -€17,245 | -30.8% |
| Deferred charges and accrued income | 490/1 | €4,991 | €6,023 | +€1,032 | +20.7% |
| Total equity and liabilities | 10/49 | €367,037 | €312,275 | -€54,762 | -14.9% |
| Equity | 10/15 | €181,985 | €132,892 | -€49,093 | -27.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €180,985 | €131,892 | -€49,093 | -27.1% |
| Distributable reserves | 133 | €180,985 | €131,892 | -€49,093 | -27.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €185,052 | €179,382 | -€5,670 | -3.1% |
| Amounts payable after more than one year | 17 | €93,167 | €61,285 | -€31,881 | -34.2% |
| Financial debts | 170/4 | €93,167 | €61,285 | -€31,881 | -34.2% |
| Amounts payable within one year | 42/48 | €91,804 | €118,001 | +€26,198 | +28.5% |
| Current portion of amounts payable after more than one year | 42 | €41,129 | €42,926 | +€1,798 | +4.4% |
| Financial debts | 43 | €515 | €938 | +€423 | +82.1% |
| Credit institutions | 430/8 | €515 | €938 | +€423 | +82.1% |
| Trade debts | 44 | €11,223 | €7,940 | -€3,283 | -29.3% |
| Suppliers | 440/4 | €11,223 | €7,940 | -€3,283 | -29.3% |
| Taxes, remuneration and social security | 45 | €22,288 | €30,539 | +€8,251 | +37.0% |
| Taxes | 450/3 | €22,288 | €30,539 | +€8,251 | +37.0% |
| Other amounts payable | 47/48 | €16,648 | €35,657 | +€19,009 | +114% |
| Accrued charges and deferred income | 492/3 | €82 | €96 | +€14 | +17.3% |
| Non-recurring operating income | 76A | - | €8,516 | +€8,516 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,577 | €10,174 | -€8,403 | -45.2% |
| Other operating charges | 640/8 | €2,011 | €1,975 | -€36 | -1.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €86,443 | €97,771 | +€11,328 | +13.1% |
| Operating profit (loss) | 9901 | €65,855 | €85,622 | +€19,767 | +30.0% |
| Financial income | 75/76B | €3,583 | €2,661 | -€922 | -25.7% |
| Recurring financial income | 75 | €3,583 | €2,661 | -€922 | -25.7% |
| Financial charges | 65/66B | €7,115 | €7,093 | -€21 | -0.3% |
| Recurring financial charges | 65 | €7,115 | €7,093 | -€21 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €62,323 | €81,190 | +€18,867 | +30.3% |
| Income taxes | 67/77 | €19,343 | €24,965 | +€5,621 | +29.1% |
| Profit (loss) for the period | 9904 | €42,980 | €56,225 | +€13,245 | +30.8% |
| Profit (loss) for the period to be appropriated | 9905 | €42,980 | €56,225 | +€13,245 | +30.8% |
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 16 October 2026 via checked.be.