I.N.T.: 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.
I.N.T.
Largest movements
- Cash +€40,045
up €40,045 (+96.3%), from €41,590 to €81,635
mainly Depreciation (+€29,523) and Receivables within one year (+€19,104)
- Tangible fixed assets -€29,523
down €29,523 (-27.0%), from €109,452 to €79,930
of which Furniture and vehicles: -€28,550
- Receivables within one year -€19,104
down €19,104 (-75.7%), from €25,222 to €6,118
of which Other amounts receivable: -€15,762
- Deferred charges and accrued income -€1,882
down €1,882 (-90.0%), from €2,091 to €209
- Trade debts -€7,725
down €7,725 (-63.8%), from €12,105 to €4,380
- Debts after one year -€6,046
down €6,046 (-38.8%), from €15,568 to €9,523
- Reserves -€5,053
down €5,053 (-22.1%), from €22,825 to €17,773
- Tax, wage and social debts +€4,762
up €4,762 (+34.3%), from €13,883 to €18,645
of which Taxes: +€3,823
- Other debts +€3,142
up €3,142 (+3.3%), from €96,231 to €99,374
- Depreciation +€18,495
up €18,495 (+167.7%), from €11,028 to €29,523
- Gross operating margin +€8,850
up €8,850 (+7.7%), from €114,922 to €123,772
- Staff costs +€4,713
up €4,713 (+5.2%), from €89,903 to €94,615
- Taxes -€1,508
down €1,508 (-47.7%), from €3,159 to €1,651
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
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 | €178,828 | €168,140 | -€10,689 | -6.0% |
| Fixed assets | 21/28 | €109,925 | €80,177 | -€29,748 | -27.1% |
| Tangible fixed assets | 22/27 | €109,452 | €79,930 | -€29,523 | -27.0% |
| Furniture and vehicles | 24 | €101,344 | €72,794 | -€28,550 | -28.2% |
| Other tangible fixed assets | 26 | €8,108 | €7,136 | -€972 | -12.0% |
| Financial fixed assets | 28 | €473 | €248 | -€225 | -47.6% |
| Current assets | 29/58 | €68,903 | €87,962 | +€19,059 | +27.7% |
| Amounts receivable within one year | 40/41 | €25,222 | €6,118 | -€19,104 | -75.7% |
| Trade receivables | 40 | €5,820 | €2,478 | -€3,342 | -57.4% |
| Other amounts receivable | 41 | €19,402 | €3,640 | -€15,762 | -81.2% |
| Cash at bank and in hand | 54/58 | €41,590 | €81,635 | +€40,045 | +96.3% |
| Deferred charges and accrued income | 490/1 | €2,091 | €209 | -€1,882 | -90.0% |
| Total equity and liabilities | 10/49 | €178,828 | €168,140 | -€10,689 | -6.0% |
| Equity | 10/15 | €35,225 | €30,173 | -€5,053 | -14.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €22,825 | €17,773 | -€5,053 | -22.1% |
| Distributable reserves | 133 | €22,825 | €17,773 | -€5,053 | -22.1% |
| Amounts payable | 17/49 | €143,603 | €137,967 | -€5,636 | -3.9% |
| Amounts payable after more than one year | 17 | €15,568 | €9,523 | -€6,046 | -38.8% |
| Financial debts | 170/4 | €15,568 | €9,523 | -€6,046 | -38.8% |
| Amounts payable within one year | 42/48 | €128,035 | €128,445 | +€410 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €5,815 | €6,046 | +€231 | +4.0% |
| Trade debts | 44 | €12,105 | €4,380 | -€7,725 | -63.8% |
| Suppliers | 440/4 | €12,105 | €4,380 | -€7,725 | -63.8% |
| Taxes, remuneration and social security | 45 | €13,883 | €18,645 | +€4,762 | +34.3% |
| Taxes | 450/3 | €77 | €3,900 | +€3,823 | +4975.2% |
| Remuneration and social security | 454/9 | €13,806 | €14,745 | +€938 | +6.8% |
| Other amounts payable | 47/48 | €96,231 | €99,374 | +€3,142 | +3.3% |
| Non-recurring operating income | 76A | €14,740 | - | -€14,740 | |
| Remuneration, social security and pensions | 62 | €89,903 | €94,615 | +€4,713 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,028 | €29,523 | +€18,495 | +167.7% |
| Other operating charges | 640/8 | €2,788 | €2,139 | -€649 | -23.3% |
| Gross operating margin | 9900 | €114,922 | €123,772 | +€8,850 | +7.7% |
| Operating profit (loss) | 9901 | €11,203 | -€2,505 | -€13,708 | |
| Financial charges | 65/66B | €1,203 | €896 | -€307 | -25.5% |
| Recurring financial charges | 65 | €1,203 | €896 | -€307 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | €10,000 | -€3,402 | -€13,401 | |
| Income taxes | 67/77 | €3,159 | €1,651 | -€1,508 | -47.7% |
| Profit (loss) for the period | 9904 | €6,841 | -€5,053 | -€11,893 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,841 | -€5,053 | -€11,893 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.