INTECH: 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.
INTECH
Largest movements
- Tangible fixed assets -€20,954
down €20,954 (-22.4%), from €93,750 to €72,796
of which Other tangible fixed assets: -€11,301
- Receivables within one year +€4,464
up €4,464 (+106%), from €4,221 to €8,685
of which Other amounts receivable: +€4,663
- Cash -€3,845
down €3,845 (-45.0%), from €8,543 to €4,698
mainly Debts after one year (-€15,556) and Current portion of long-term debt (-€5,998)
- Debts after one year -€15,556
down €15,556 (-91.6%), from €16,974 to €1,417
- Reserves +€8,078
up €8,078 (+21.1%), from €38,248 to €46,326
of which Distributable reserves: +€8,078
- Current portion of long-term debt -€5,998
down €5,998 (-27.8%), from €21,554 to €15,556
- Other debts -€5,246
down €5,246 (-95.9%), from €5,471 to €225
- Tax, wage and social debts -€1,511
down €1,511 (-100%), from €1,511 to €0
- Gross operating margin +€30,178
up €30,178 (+1,922%), from €1,570 to €31,748
- Depreciation -€2,586
down €2,586 (-11.0%), from €23,540 to €20,954
- Financial income +€1,661
up €1,661 (+5,892%), from €28 to €1,689
- Taxes +€680
up €680 (+531%), from €128 to €808
- Financial charges -€334
down €334 (-34.4%), from €971 to €637
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 | €108,180 | €86,818 | -€21,362 | -19.7% |
| Fixed assets | 21/28 | €93,750 | €72,796 | -€20,954 | -22.4% |
| Tangible fixed assets | 22/27 | €93,750 | €72,796 | -€20,954 | -22.4% |
| Furniture and vehicles | 24 | €19,650 | €9,997 | -€9,653 | -49.1% |
| Other tangible fixed assets | 26 | €74,100 | €62,799 | -€11,301 | -15.3% |
| Current assets | 29/58 | €14,430 | €14,023 | -€408 | -2.8% |
| Amounts receivable within one year | 40/41 | €4,221 | €8,685 | +€4,464 | +106% |
| Trade receivables | 40 | €550 | €351 | -€199 | -36.2% |
| Other amounts receivable | 41 | €3,671 | €8,334 | +€4,663 | +127% |
| Cash at bank and in hand | 54/58 | €8,543 | €4,698 | -€3,845 | -45.0% |
| Deferred charges and accrued income | 490/1 | €1,666 | €640 | -€1,026 | -61.6% |
| Total equity and liabilities | 10/49 | €108,180 | €86,818 | -€21,362 | -19.7% |
| Equity | 10/15 | €56,848 | €64,926 | +€8,078 | +14.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €38,248 | €46,326 | +€8,078 | +21.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Other | 1319 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €36,388 | €44,466 | +€8,078 | +22.2% |
| Amounts payable | 17/49 | €51,332 | €21,892 | -€29,440 | -57.4% |
| Amounts payable after more than one year | 17 | €16,974 | €1,417 | -€15,556 | -91.6% |
| Financial debts | 170/4 | €16,974 | €1,417 | -€15,556 | -91.6% |
| Amounts payable within one year | 42/48 | €34,358 | €20,475 | -€13,884 | -40.4% |
| Current portion of amounts payable after more than one year | 42 | €21,554 | €15,556 | -€5,998 | -27.8% |
| Trade debts | 44 | €5,822 | €4,694 | -€1,128 | -19.4% |
| Suppliers | 440/4 | €5,822 | €4,694 | -€1,128 | -19.4% |
| Taxes, remuneration and social security | 45 | €1,511 | €0 | -€1,511 | -100% |
| Remuneration and social security | 454/9 | €1,511 | €0 | -€1,511 | -100% |
| Other amounts payable | 47/48 | €5,471 | €225 | -€5,246 | -95.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,540 | €20,954 | -€2,586 | -11.0% |
| Other operating charges | 640/8 | €2,922 | €2,960 | +€38 | +1.3% |
| Gross operating margin | 9900 | €1,570 | €31,748 | +€30,178 | +1,922% |
| Operating profit (loss) | 9901 | -€24,893 | €7,834 | +€32,726 | |
| Financial income | 75/76B | €28 | €1,689 | +€1,661 | +5,892% |
| Recurring financial income | 75 | €28 | €1,689 | +€1,661 | +5,892% |
| Financial charges | 65/66B | €971 | €637 | -€334 | -34.4% |
| Recurring financial charges | 65 | €971 | €637 | -€334 | -34.4% |
| Profit (loss) for the period before taxes | 9903 | -€25,835 | €8,886 | +€34,721 | |
| Income taxes | 67/77 | €128 | €808 | +€680 | +531% |
| Profit (loss) for the period | 9904 | -€25,963 | €8,078 | +€34,041 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,963 | €8,078 | +€34,041 |
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 30 October 2026 via checked.be.