INTECON: 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.
INTECON
Largest movements
- Receivables within one year +€92,733
up €92,733 (+206.2%), from €44,968 to €137,702
of which Trade receivables: +€68,647
- Cash -€39,807
down €39,807 (-20.0%), from €198,664 to €158,857
mainly Receivables within one year (-€92,733) and Other debts (-€9,145)
- Reserves +€55,437
up €55,437 (+22.0%), from €252,353 to €307,790
of which Distributable reserves: +€55,437
- Other debts -€9,145
down €9,145 (-47.7%), from €19,182 to €10,036
- Tax, wage and social debts +€3,371
up €3,371 (+110.3%), from €3,056 to €6,427
- Gross operating margin +€13,678
up €13,678 (+15.0%), from €91,324 to €105,001
- Taxes +€3,885
up €3,885 (+14.2%), from €27,388 to €31,273
- Financial charges +€2,819
up €2,819 (+410.8%), from €686 to €3,505
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 | €275,884 | €327,482 | +€51,599 | +18.7% |
| Fixed assets | 21/28 | €32,252 | €30,924 | -€1,328 | -4.1% |
| Tangible fixed assets | 22/27 | €16,877 | €15,049 | -€1,828 | -10.8% |
| Land and buildings | 22 | €4,375 | €3,161 | -€1,214 | -27.8% |
| Furniture and vehicles | 24 | €12,502 | €11,888 | -€614 | -4.9% |
| Financial fixed assets | 28 | €15,375 | €15,875 | +€500 | +3.3% |
| Current assets | 29/58 | €243,632 | €296,558 | +€52,927 | +21.7% |
| Amounts receivable within one year | 40/41 | €44,968 | €137,702 | +€92,733 | +206.2% |
| Trade receivables | 40 | €44,968 | €113,615 | +€68,647 | +152.7% |
| Other amounts receivable | 41 | - | €24,087 | +€24,087 | |
| Cash at bank and in hand | 54/58 | €198,664 | €158,857 | -€39,807 | -20.0% |
| Total equity and liabilities | 10/49 | €275,884 | €327,482 | +€51,599 | +18.7% |
| Equity | 10/15 | €252,853 | €308,290 | +€55,437 | +21.9% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €252,353 | €307,790 | +€55,437 | +22.0% |
| Non-distributable reserves | 130/1 | €50 | €50 | = | 0.0% |
| Reserves not available under the articles | 1311 | €50 | €50 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,950 | €9,950 | = | 0.0% |
| Distributable reserves | 133 | €242,353 | €297,790 | +€55,437 | +22.9% |
| Amounts payable | 17/49 | €23,031 | €19,193 | -€3,838 | -16.7% |
| Amounts payable within one year | 42/48 | €23,031 | €19,193 | -€3,838 | -16.7% |
| Trade debts | 44 | €793 | €2,729 | +€1,936 | +244.1% |
| Suppliers | 440/4 | €793 | €2,729 | +€1,936 | +244.1% |
| Taxes, remuneration and social security | 45 | €3,056 | €6,427 | +€3,371 | +110.3% |
| Taxes | 450/3 | €3,056 | €6,427 | +€3,371 | +110.3% |
| Other amounts payable | 47/48 | €19,182 | €10,036 | -€9,145 | -47.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,885 | €5,812 | +€926 | +19.0% |
| Other operating charges | 640/8 | €712 | €649 | -€63 | -8.9% |
| Gross operating margin | 9900 | €91,324 | €105,001 | +€13,678 | +15.0% |
| Operating profit (loss) | 9901 | €85,726 | €98,541 | +€12,815 | +14.9% |
| Financial income | 75/76B | - | €57 | +€57 | |
| Recurring financial income | 75 | - | €57 | +€57 | |
| Financial charges | 65/66B | €686 | €3,505 | +€2,819 | +410.8% |
| Recurring financial charges | 65 | €686 | €3,505 | +€2,819 | +410.8% |
| Profit (loss) for the period before taxes | 9903 | €85,040 | €95,092 | +€10,052 | +11.8% |
| Income taxes | 67/77 | €27,388 | €31,273 | +€3,885 | +14.2% |
| Profit (loss) for the period | 9904 | €57,652 | €63,819 | +€6,167 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €57,652 | €63,819 | +€6,167 | +10.7% |
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 11 October 2026 via checked.be.