INTACT LIFE: 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.
What changed
INTACT LIFE
NACE 25.510, Coating of metals
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€36,196
2024 · -€13,863-€22,332
Equity
€36,804
2024 · €73,000-€36,196
Cash
€25,945
2024 · €30,680-€4,736
Balance sheet total
€848,211
2024 · €876,842-€28,630
Largest movements
Assets
- Receivables within one year -€23,958
down €23,958 (-6.2%), from €387,338 to €363,380
of which Trade receivables: -€39,092
Equity and liabilities
- Profit (loss) carried forward -€36,196
down €36,196 (-1,245%), from -€2,908 to -€39,104
Income statement
- Staff costs +€12,750
up €12,750 (+16.6%), from €76,920 to €89,671
- Gross operating margin -€12,228
down €12,228 (-17.2%), from €71,201 to €58,973
- Depreciation -€2,595
down €2,595 (-36.4%), from €7,136 to €4,542
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.
Result 2024
-€13,863
Gross operating margin
-€12,228
Staff costs
-€12,750
Depreciation
+€2,595
Write-downs
+€100
Other operating charges
-€36
Financial income
+€3
Financial charges
-€17
Taxes
+€2
Result 2025
-€36,196
raises the resultlowers the result
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.
From operations
-€131
Investment
-€4,605
Financing
€0
Cash 2024
€30,680
From operations (derived)
-€131
Net result for the year
-€36,196
Depreciation
+€4,542
Receivables within one year
+€23,958
Trade debts
-€5,879
Tax, wage and social debts
+€5,672
Other debts
+€3,272
Accrued charges and deferred income
+€4,500
Investment (derived)
-€4,605
Investment in fixed assets (net)
-€4,605
Cash 2025
€25,945
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €876,842 | €848,211 | -€28,630 | -3.3% |
| Fixed assets | 21/28 | €410,336 | €410,399 | +€63 | 0.0% |
| Intangible fixed assets | 21 | €4,904 | €5,457 | +€553 | +11.3% |
| Tangible fixed assets | 22/27 | €1,964 | €1,474 | -€489 | -24.9% |
| Furniture and vehicles | 24 | €1,964 | €1,474 | -€489 | -24.9% |
| Financial fixed assets | 28 | €403,468 | €403,468 | = | 0.0% |
| Current assets | 29/58 | €466,506 | €437,812 | -€28,694 | -6.2% |
| Amounts receivable within one year | 40/41 | €387,338 | €363,380 | -€23,958 | -6.2% |
| Trade receivables | 40 | €242,164 | €203,072 | -€39,092 | -16.1% |
| Other amounts receivable | 41 | €145,174 | €160,308 | +€15,134 | +10.4% |
| Cash at bank and in hand | 54/58 | €30,680 | €25,945 | -€4,736 | -15.4% |
| Deferred charges and accrued income | 490/1 | €48,488 | €48,488 | = | 0.0% |
| Total equity and liabilities | 10/49 | €876,842 | €848,211 | -€28,630 | -3.3% |
| Equity | 10/15 | €73,000 | €36,804 | -€36,196 | -49.6% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €908 | €908 | = | 0.0% |
| Non-distributable reserves | 130/1 | €908 | €908 | = | 0.0% |
| Legal reserve | 130 | €908 | €908 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,908 | -€39,104 | -€36,196 | -1,245% |
| Amounts payable | 17/49 | €803,842 | €811,407 | +€7,565 | +0.9% |
| Amounts payable within one year | 42/48 | €764,342 | €767,407 | +€3,065 | +0.4% |
| Trade debts | 44 | €611,532 | €605,653 | -€5,879 | -1.0% |
| Suppliers | 440/4 | €611,532 | €605,653 | -€5,879 | -1.0% |
| Taxes, remuneration and social security | 45 | €11,061 | €16,734 | +€5,672 | +51.3% |
| Taxes | 450/3 | €803 | €646 | -€157 | -19.5% |
| Remuneration and social security | 454/9 | €10,258 | €16,087 | +€5,829 | +56.8% |
| Other amounts payable | 47/48 | €141,748 | €145,020 | +€3,272 | +2.3% |
| Accrued charges and deferred income | 492/3 | €39,500 | €44,000 | +€4,500 | +11.4% |
| Remuneration, social security and pensions | 62 | €76,920 | €89,671 | +€12,750 | +16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,136 | €4,542 | -€2,595 | -36.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €100 | - | -€100 | |
| Other operating charges | 640/8 | €419 | €456 | +€36 | +8.7% |
| Gross operating margin | 9900 | €71,201 | €58,973 | -€12,228 | -17.2% |
| Operating profit (loss) | 9901 | -€13,375 | -€35,695 | -€22,320 | -167% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €410 | €427 | +€17 | +4.2% |
| Recurring financial charges | 65 | €410 | €427 | +€17 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | -€13,785 | -€36,119 | -€22,334 | -162% |
| Income taxes | 67/77 | €78 | €76 | -€2 | -2.5% |
| Profit (loss) for the period | 9904 | -€13,863 | -€36,196 | -€22,332 | -161% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,863 | -€36,196 | -€22,332 | -161% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.