INTEC: what changed
What changed
INTEC
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
€113,626
2024 · €143,859-€30,233
Equity
€1.3m
2024 · €1.2m+€113,626
Cash
€839,352
2024 · €161,875+€677,477
Balance sheet total
€1.7m
2024 · €1.5m+€170,463
Largest movements
Assets
- Cash +€677,477
up €677,477 (+419%), from €161,875 to €839,352
mainly Current investments (+€470,000) and Net result for the year (+€113,626)
- Current investments -€470,000
down €470,000 (-94.0%), from €500,000 to €30,000
- Tangible fixed assets -€33,144
down €33,144 (-5.7%), from €577,652 to €544,508
of which Land and buildings: -€28,150
Equity and liabilities
- Reserves +€113,500
up €113,500 (+10.0%), from €1.1m to €1.2m
- Other debts +€81,626
up €81,626 (+84.0%), from €97,177 to €178,803
- Advances received -€27,622
no longer reported in 2025 (was €27,622)
- Tax, wage and social debts -€17,848
down €17,848 (-22.4%), from €79,596 to €61,748
of which Remuneration and social security: -€12,579
Income statement
- Gross operating margin -€97,428
down €97,428 (-15.5%), from €629,962 to €532,534
- Staff costs -€68,053
down €68,053 (-18.0%), from €377,569 to €309,516
- Taxes -€14,437
down €14,437 (-23.0%), from €62,828 to €48,391
- Depreciation +€14,002
up €14,002 (+32.3%), from €43,336 to €57,337
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€143,859
Gross operating margin
-€97,428
Staff costs
+€68,053
Depreciation
-€14,002
Other operating charges
-€651
Financial income
+€5,114
Financial charges
-€5,756
Taxes
+€14,437
Result 2025
€113,626
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€231,671
Investment
+€445,807
Financing
€0
Cash 2024
€161,875
From operations (derived)
+€231,671
Net result for the year
+€113,626
Depreciation
+€57,337
Stocks and contracts
-€3,152
Receivables within one year
+€5,254
Deferred charges and accrued income
+€1,768
Trade debts
+€15,215
Tax, wage and social debts
-€17,848
Advances received
-€27,622
Other debts
+€81,626
Accrued charges and deferred income
+€5,467
Investment (derived)
+€445,807
Investment in fixed assets (net)
-€24,193
Current investments
+€470,000
Cash 2025
€839,352
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,486,380 | €1,656,843 | +€170,463 | +11.5% |
| Fixed assets | 21/28 | €577,899 | €544,754 | -€33,144 | -5.7% |
| Tangible fixed assets | 22/27 | €577,652 | €544,508 | -€33,144 | -5.7% |
| Land and buildings | 22 | €458,754 | €430,604 | -€28,150 | -6.1% |
| Plant, machinery and equipment | 23 | €28,004 | €26,602 | -€1,402 | -5.0% |
| Furniture and vehicles | 24 | €90,894 | €87,302 | -€3,592 | -4.0% |
| Financial fixed assets | 28 | €247 | €247 | = | 0.0% |
| Current assets | 29/58 | €908,482 | €1,112,089 | +€203,607 | +22.4% |
| Stocks and contracts in progress | 3 | €68,763 | €71,915 | +€3,152 | +4.6% |
| Stocks | 30/36 | €68,763 | €71,915 | +€3,152 | +4.6% |
| Amounts receivable within one year | 40/41 | €160,460 | €155,206 | -€5,254 | -3.3% |
| Trade receivables | 40 | €151,718 | €149,652 | -€2,066 | -1.4% |
| Other amounts receivable | 41 | €8,742 | €5,554 | -€3,188 | -36.5% |
| Current investments | 50/53 | €500,000 | €30,000 | -€470,000 | -94.0% |
| Cash at bank and in hand | 54/58 | €161,875 | €839,352 | +€677,477 | +419% |
| Deferred charges and accrued income | 490/1 | €17,384 | €15,616 | -€1,768 | -10.2% |
| Total equity and liabilities | 10/49 | €1,486,380 | €1,656,843 | +€170,463 | +11.5% |
| Equity | 10/15 | €1,156,988 | €1,270,614 | +€113,626 | +9.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,135,860 | €1,249,360 | +€113,500 | +10.0% |
| Distributable reserves | 133 | €1,135,860 | €1,249,360 | +€113,500 | +10.0% |
| Profit (loss) carried forward | 14 | €2,528 | €2,654 | +€126 | +5.0% |
| Provisions and deferred taxes | 16 | €74,471 | €74,471 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €74,471 | €74,471 | = | 0.0% |
| Pensions and similar obligations | 160 | €74,471 | €74,471 | = | 0.0% |
| Amounts payable | 17/49 | €254,921 | €311,758 | +€56,837 | +22.3% |
| Amounts payable within one year | 42/48 | €249,180 | €300,551 | +€51,371 | +20.6% |
| Trade debts | 44 | €44,785 | €60,000 | +€15,215 | +34.0% |
| Suppliers | 440/4 | €44,785 | €60,000 | +€15,215 | +34.0% |
| Advances received on contracts in progress | 46 | €27,622 | - | -€27,622 | |
| Taxes, remuneration and social security | 45 | €79,596 | €61,748 | -€17,848 | -22.4% |
| Taxes | 450/3 | €25,112 | €19,843 | -€5,269 | -21.0% |
| Remuneration and social security | 454/9 | €54,484 | €41,905 | -€12,579 | -23.1% |
| Other amounts payable | 47/48 | €97,177 | €178,803 | +€81,626 | +84.0% |
| Accrued charges and deferred income | 492/3 | €5,741 | €11,208 | +€5,467 | +95.2% |
| Non-recurring operating income | 76A | €750 | €1,000 | +€250 | +33.3% |
| Remuneration, social security and pensions | 62 | €377,569 | €309,516 | -€68,053 | -18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,336 | €57,337 | +€14,002 | +32.3% |
| Other operating charges | 640/8 | €9,124 | €9,774 | +€651 | +7.1% |
| Gross operating margin | 9900 | €629,962 | €532,534 | -€97,428 | -15.5% |
| Operating profit (loss) | 9901 | €199,934 | €155,907 | -€44,028 | -22.0% |
| Financial income | 75/76B | €12,637 | €17,751 | +€5,114 | +40.5% |
| Recurring financial income | 75 | €12,637 | €17,751 | +€5,114 | +40.5% |
| Financial charges | 65/66B | €5,885 | €11,641 | +€5,756 | +97.8% |
| Recurring financial charges | 65 | €5,885 | €11,641 | +€5,756 | +97.8% |
| Profit (loss) for the period before taxes | 9903 | €206,687 | €162,017 | -€44,670 | -21.6% |
| Income taxes | 67/77 | €62,828 | €48,391 | -€14,437 | -23.0% |
| Profit (loss) for the period | 9904 | €143,859 | €113,626 | -€30,233 | -21.0% |
| Profit (loss) for the period to be appropriated | 9905 | €143,859 | €113,626 | -€30,233 | -21.0% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.