Intecto: what changed
Two fiscal 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.
Intecto
Largest movements
- Receivables within one year -€24,143
down €24,143 (-34.4%), from €70,187 to €46,044
of which Trade receivables: -€28,477
- Cash +€12,237
up €12,237 (+83.5%), from €14,649 to €26,886
mainly Receivables within one year (+€24,143) and Trade debts (+€17,284)
- Tangible fixed assets -€6,449
down €6,449 (-16.9%), from €38,111 to €31,662
- Deferred charges and accrued income -€2,118
down €2,118 (-69.0%), from €3,067 to €949
- Profit (loss) carried forward -€24,410
new in 2025: -€24,410
- Trade debts +€17,284
up €17,284 (+66.2%), from €26,128 to €43,411
- Tax, wage and social debts -€5,313
down €5,313 (-34.8%), from €15,254 to €9,941
of which Remuneration and social security: -€3,594
- Debts after one year -€4,523
down €4,523 (-25.0%), from €18,079 to €13,556
- Other debts -€3,511
down €3,511 (-28.3%), from €12,425 to €8,914
- Gross operating margin -€80,074
down €80,074, from €72,945 to -€7,130
- Staff costs -€24,469
down €24,469, from €24,055 to -€414
- Taxes -€7,710
no longer reported in 2025 (was €7,710)
- Financial charges +€1,359
up €1,359 (+87.5%), from €1,553 to €2,912
- Depreciation +€1,195
up €1,195 (+9.5%), from €12,526 to €13,720
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 | €129,134 | €108,662 | -€20,473 | -15.9% |
| Fixed assets | 21/28 | €41,231 | €34,782 | -€6,449 | -15.6% |
| Tangible fixed assets | 22/27 | €38,111 | €31,662 | -€6,449 | -16.9% |
| Plant, machinery and equipment | 23 | €24,822 | €22,203 | -€2,619 | -10.6% |
| Furniture and vehicles | 24 | €7,787 | €5,125 | -€2,662 | -34.2% |
| Other tangible fixed assets | 26 | €5,502 | €4,334 | -€1,168 | -21.2% |
| Financial fixed assets | 28 | €3,120 | €3,120 | = | 0.0% |
| Current assets | 29/58 | €87,903 | €73,880 | -€14,024 | -16.0% |
| Amounts receivable within one year | 40/41 | €70,187 | €46,044 | -€24,143 | -34.4% |
| Trade receivables | 40 | €61,181 | €32,704 | -€28,477 | -46.5% |
| Other amounts receivable | 41 | €9,007 | €13,340 | +€4,334 | +48.1% |
| Cash at bank and in hand | 54/58 | €14,649 | €26,886 | +€12,237 | +83.5% |
| Deferred charges and accrued income | 490/1 | €3,067 | €949 | -€2,118 | -69.0% |
| Total equity and liabilities | 10/49 | €129,134 | €108,662 | -€20,473 | -15.9% |
| Equity | 10/15 | €57,248 | €32,839 | -€24,410 | -42.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €55,248 | €55,248 | = | 0.0% |
| Distributable reserves | 133 | €55,248 | €55,248 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€24,410 | -€24,410 | |
| Amounts payable | 17/49 | €71,886 | €75,823 | +€3,937 | +5.5% |
| Amounts payable after more than one year | 17 | €18,079 | €13,556 | -€4,523 | -25.0% |
| Financial debts | 170/4 | €18,079 | €13,556 | -€4,523 | -25.0% |
| Amounts payable within one year | 42/48 | €53,807 | €62,267 | +€8,460 | +15.7% |
| Trade debts | 44 | €26,128 | €43,411 | +€17,284 | +66.2% |
| Suppliers | 440/4 | €26,128 | €43,411 | +€17,284 | +66.2% |
| Taxes, remuneration and social security | 45 | €15,254 | €9,941 | -€5,313 | -34.8% |
| Taxes | 450/3 | €11,661 | €9,941 | -€1,719 | -14.7% |
| Remuneration and social security | 454/9 | €3,594 | - | -€3,594 | |
| Other amounts payable | 47/48 | €12,425 | €8,914 | -€3,511 | -28.3% |
| Remuneration, social security and pensions | 62 | €24,055 | -€414 | -€24,469 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,526 | €13,720 | +€1,195 | +9.5% |
| Other operating charges | 640/8 | €1,052 | €1,063 | +€11 | +1.0% |
| Gross operating margin | 9900 | €72,945 | -€7,130 | -€80,074 | |
| Operating profit (loss) | 9901 | €35,312 | -€21,499 | -€56,811 | |
| Financial income | 75/76B | €80 | €1 | -€79 | -98.2% |
| Recurring financial income | 75 | €80 | €1 | -€79 | -98.2% |
| Financial charges | 65/66B | €1,553 | €2,912 | +€1,359 | +87.5% |
| Recurring financial charges | 65 | €1,553 | €2,912 | +€1,359 | +87.5% |
| Profit (loss) for the period before taxes | 9903 | €33,839 | -€24,410 | -€58,249 | |
| Income taxes | 67/77 | €7,710 | - | -€7,710 | |
| Profit (loss) for the period | 9904 | €26,129 | -€24,410 | -€50,538 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,129 | -€24,410 | -€50,538 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.