IENTEC: 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.
IENTEC
Largest movements
- Cash -€436,261
down €436,261 (-87.9%), from €496,419 to €60,158
mainly Contributions, distributions and other (-€533,000) and Tax, wage and social debts (-€31,313)
- Profit (loss) carried forward -€422,309
down €422,309 (-78.7%), from €536,867 to €114,558
- Tax, wage and social debts -€31,313
down €31,313 (-29.6%), from €105,705 to €74,392
of which Taxes: -€55,073
- Other debts +€16,551
up €16,551 (+80.5%), from €20,551 to €37,102
- Gross operating margin -€23,712
down €23,712 (-14.1%), from €168,399 to €144,687
- Depreciation -€12,896
down €12,896 (-89.6%), from €14,399 to €1,503
- Taxes -€2,757
down €2,757 (-8.1%), from €34,200 to €31,443
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 | €674,691 | €240,473 | -€434,218 | -64.4% |
| Fixed assets | 21/28 | €3,685 | €2,182 | -€1,503 | -40.8% |
| Tangible fixed assets | 22/27 | €3,685 | €2,182 | -€1,503 | -40.8% |
| Plant, machinery and equipment | 23 | €646 | €294 | -€352 | -54.5% |
| Furniture and vehicles | 24 | €3,039 | €1,888 | -€1,151 | -37.9% |
| Current assets | 29/58 | €671,006 | €238,291 | -€432,715 | -64.5% |
| Amounts receivable within one year | 40/41 | €174,587 | €178,133 | +€3,546 | +2.0% |
| Other amounts receivable | 41 | €174,587 | €178,133 | +€3,546 | +2.0% |
| Cash at bank and in hand | 54/58 | €496,419 | €60,158 | -€436,261 | -87.9% |
| Total equity and liabilities | 10/49 | €674,691 | €240,473 | -€434,218 | -64.4% |
| Equity | 10/15 | €546,867 | €124,558 | -€422,309 | -77.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Contributions outside capital | 11 | €10,000 | €10,000 | = | 0.0% |
| Other | 1109/19 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €536,867 | €114,558 | -€422,309 | -78.7% |
| Amounts payable | 17/49 | €127,824 | €115,915 | -€11,909 | -9.3% |
| Amounts payable within one year | 42/48 | €127,824 | €115,915 | -€11,909 | -9.3% |
| Trade debts | 44 | €1,568 | €4,421 | +€2,853 | +182.0% |
| Suppliers | 440/4 | €1,568 | €4,421 | +€2,853 | +182.0% |
| Taxes, remuneration and social security | 45 | €105,705 | €74,392 | -€31,313 | -29.6% |
| Taxes | 450/3 | €105,705 | €50,632 | -€55,073 | -52.1% |
| Remuneration and social security | 454/9 | - | €23,760 | +€23,760 | |
| Other amounts payable | 47/48 | €20,551 | €37,102 | +€16,551 | +80.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,399 | €1,503 | -€12,896 | -89.6% |
| Other operating charges | 640/8 | €218 | €827 | +€609 | +279.4% |
| Gross operating margin | 9900 | €168,399 | €144,687 | -€23,712 | -14.1% |
| Operating profit (loss) | 9901 | €153,782 | €142,357 | -€11,425 | -7.4% |
| Financial charges | 65/66B | €329 | €223 | -€106 | -32.2% |
| Recurring financial charges | 65 | €329 | €223 | -€106 | -32.2% |
| Profit (loss) for the period before taxes | 9903 | €153,453 | €142,134 | -€11,319 | -7.4% |
| Income taxes | 67/77 | €34,200 | €31,443 | -€2,757 | -8.1% |
| Profit (loss) for the period | 9904 | €119,253 | €110,691 | -€8,562 | -7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €119,253 | €110,691 | -€8,562 | -7.2% |
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 10 October 2026 via checked.be.