INTEC BELGIUM: 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.
INTEC BELGIUM
Largest movements
- Tangible fixed assets +€76,603
up €76,603 (+2,624%), from €2,919 to €79,522
of which Furniture and vehicles: +€68,766
- Cash +€44,778
up €44,778 (+5,244%), from €854 to €45,632
mainly Trade debts (+€40,375) and Debts after one year (+€35,030)
- Receivables within one year +€12,533
up €12,533 (+8.2%), from €152,261 to €164,795
of which Other amounts receivable: +€8,981
- Deferred charges and accrued income -€12,186
down €12,186 (-15.5%), from €78,575 to €66,389
- Trade debts +€40,375
up €40,375 (+55.1%), from €73,236 to €113,611
- Debts after one year +€35,030
up €35,030 (+12.7%), from €275,560 to €310,590
- Current portion of long-term debt +€21,100
up €21,100 (+121%), from €17,432 to €38,533
- Profit (loss) carried forward +€12,650
up €12,650 (+12.8%), from €99,091 to €111,741
- Tax, wage and social debts +€8,269
up €8,269 (+84.5%), from €9,784 to €18,053
of which Taxes: +€6,957
- Gross operating margin +€20,322
up €20,322 (+6.6%), from €308,386 to €328,708
- Financial charges +€13,175
up €13,175 (+89.2%), from €14,774 to €27,949
- Taxes +€8,900
up €8,900 (+134%), from €6,638 to €15,537
- Staff costs +€6,048
up €6,048 (+2.4%), from €255,976 to €262,024
- Depreciation +€5,441
up €5,441 (+182%), from €2,997 to €8,439
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 | €504,560 | €623,572 | +€119,012 | +23.6% |
| Fixed assets | 21/28 | €9,083 | €84,180 | +€75,097 | +827% |
| Intangible fixed assets | 21 | €5,123 | €3,618 | -€1,505 | -29.4% |
| Tangible fixed assets | 22/27 | €2,919 | €79,522 | +€76,603 | +2,624% |
| Land and buildings | 22 | - | €873 | +€873 | |
| Plant, machinery and equipment | 23 | - | €7,324 | +€7,324 | |
| Furniture and vehicles | 24 | €1,215 | €69,982 | +€68,766 | +5,658% |
| Other tangible fixed assets | 26 | €1,704 | €1,344 | -€360 | -21.1% |
| Financial fixed assets | 28 | €1,041 | €1,041 | = | 0.0% |
| Current assets | 29/58 | €495,477 | €539,392 | +€43,915 | +8.9% |
| Stocks and contracts in progress | 3 | €263,787 | €262,576 | -€1,211 | -0.5% |
| Stocks | 30/36 | €263,787 | €262,576 | -€1,211 | -0.5% |
| Amounts receivable within one year | 40/41 | €152,261 | €164,795 | +€12,533 | +8.2% |
| Trade receivables | 40 | €136,521 | €140,073 | +€3,552 | +2.6% |
| Other amounts receivable | 41 | €15,740 | €24,721 | +€8,981 | +57.1% |
| Cash at bank and in hand | 54/58 | €854 | €45,632 | +€44,778 | +5,244% |
| Deferred charges and accrued income | 490/1 | €78,575 | €66,389 | -€12,186 | -15.5% |
| Total equity and liabilities | 10/49 | €504,560 | €623,572 | +€119,012 | +23.6% |
| Equity | 10/15 | €125,687 | €138,336 | +€12,650 | +10.1% |
| Contributions | 10/11 | €10,120 | €10,120 | = | 0.0% |
| Contributions outside capital | 11 | €10,120 | - | -€10,120 | |
| Other | 1109/19 | €10,120 | - | -€10,120 | |
| Reserves | 13 | €16,475 | €16,475 | = | 0.0% |
| Distributable reserves | 133 | €16,475 | €16,475 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,091 | €111,741 | +€12,650 | +12.8% |
| Amounts payable | 17/49 | €378,873 | €485,236 | +€106,362 | +28.1% |
| Amounts payable after more than one year | 17 | €275,560 | €310,590 | +€35,030 | +12.7% |
| Financial debts | 170/4 | €275,560 | €310,590 | +€35,030 | +12.7% |
| Amounts payable within one year | 42/48 | €101,307 | €174,646 | +€73,338 | +72.4% |
| Current portion of amounts payable after more than one year | 42 | €17,432 | €38,533 | +€21,100 | +121% |
| Trade debts | 44 | €73,236 | €113,611 | +€40,375 | +55.1% |
| Suppliers | 440/4 | €73,236 | €113,611 | +€40,375 | +55.1% |
| Taxes, remuneration and social security | 45 | €9,784 | €18,053 | +€8,269 | +84.5% |
| Taxes | 450/3 | €487 | €7,444 | +€6,957 | +1,428% |
| Remuneration and social security | 454/9 | €9,297 | €10,609 | +€1,312 | +14.1% |
| Other amounts payable | 47/48 | €854 | €4,449 | +€3,595 | +421% |
| Accrued charges and deferred income | 492/3 | €2,006 | - | -€2,006 | |
| Remuneration, social security and pensions | 62 | €255,976 | €262,024 | +€6,048 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,997 | €8,439 | +€5,441 | +182% |
| Other operating charges | 640/8 | €12,615 | €7,545 | -€5,069 | -40.2% |
| Gross operating margin | 9900 | €308,386 | €328,708 | +€20,322 | +6.6% |
| Operating profit (loss) | 9901 | €36,798 | €50,700 | +€13,902 | +37.8% |
| Financial income | 75/76B | €1,912 | €5,436 | +€3,524 | +184% |
| Recurring financial income | 75 | €1,912 | €5,436 | +€3,524 | +184% |
| Financial charges | 65/66B | €14,774 | €27,949 | +€13,175 | +89.2% |
| Recurring financial charges | 65 | €14,774 | €27,949 | +€13,175 | +89.2% |
| Profit (loss) for the period before taxes | 9903 | €23,936 | €28,187 | +€4,251 | +17.8% |
| Income taxes | 67/77 | €6,638 | €15,537 | +€8,900 | +134% |
| Profit (loss) for the period | 9904 | €17,299 | €12,650 | -€4,649 | -26.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,299 | €12,650 | -€4,649 | -26.9% |
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 31 October 2026 via checked.be.