INTEDE: 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.
INTEDE
Largest movements
- Cash +€74,748
up €74,748 (+214.4%), from €34,870 to €109,618
mainly Receivables within one year (+€62,104) and Net result for the year (+€31,302)
- Receivables within one year -€62,104
down €62,104 (-35.6%), from €174,274 to €112,170
of which Other amounts receivable: -€81,102
- Tangible fixed assets -€7,534
down €7,534 (-4.5%), from €166,887 to €159,353
of which Land and buildings: -€11,006
- Current investments -€4,502
down €4,502 (-9.3%), from €48,564 to €44,063
- Profit (loss) carried forward +€31,302
up €31,302 (+26.3%), from €119,232 to €150,534
- Debts after one year -€20,132
down €20,132 (-17.7%), from €114,035 to €93,903
- Current portion of long-term debt -€12,348
down €12,348 (-38.0%), from €32,480 to €20,132
- Advances received +€7,398
new in 2025: €7,398
- Staff costs -€59,638
down €59,638 (-22.4%), from €266,557 to €206,919
- Gross operating margin -€11,722
down €11,722 (-4.4%), from €266,863 to €255,141
- Taxes -€4,682
down €4,682 (-80.0%), from €5,850 to €1,168
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 | €428,425 | €429,860 | +€1,435 | +0.3% |
| Fixed assets | 21/28 | €169,096 | €161,562 | -€7,534 | -4.5% |
| Tangible fixed assets | 22/27 | €166,887 | €159,353 | -€7,534 | -4.5% |
| Land and buildings | 22 | €160,405 | €149,398 | -€11,006 | -6.9% |
| Plant, machinery and equipment | 23 | €2,239 | €4,016 | +€1,776 | +79.3% |
| Furniture and vehicles | 24 | €4,243 | €5,939 | +€1,696 | +40.0% |
| Financial fixed assets | 28 | €2,209 | €2,209 | = | 0.0% |
| Current assets | 29/58 | €259,329 | €268,298 | +€8,969 | +3.5% |
| Amounts receivable within one year | 40/41 | €174,274 | €112,170 | -€62,104 | -35.6% |
| Trade receivables | 40 | €44,712 | €63,710 | +€18,999 | +42.5% |
| Other amounts receivable | 41 | €129,562 | €48,459 | -€81,102 | -62.6% |
| Current investments | 50/53 | €48,564 | €44,063 | -€4,502 | -9.3% |
| Cash at bank and in hand | 54/58 | €34,870 | €109,618 | +€74,748 | +214.4% |
| Deferred charges and accrued income | 490/1 | €1,621 | €2,447 | +€826 | +51.0% |
| Total equity and liabilities | 10/49 | €428,425 | €429,860 | +€1,435 | +0.3% |
| Equity | 10/15 | €186,596 | €217,898 | +€31,302 | +16.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €42,364 | €42,364 | = | 0.0% |
| Tax-exempt reserves | 132 | €42,364 | €42,364 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €119,232 | €150,534 | +€31,302 | +26.3% |
| Amounts payable | 17/49 | €241,829 | €211,961 | -€29,867 | -12.4% |
| Amounts payable after more than one year | 17 | €114,035 | €93,903 | -€20,132 | -17.7% |
| Financial debts | 170/4 | €114,035 | €93,903 | -€20,132 | -17.7% |
| Amounts payable within one year | 42/48 | €125,237 | €118,059 | -€7,178 | -5.7% |
| Current portion of amounts payable after more than one year | 42 | €32,480 | €20,132 | -€12,348 | -38.0% |
| Trade debts | 44 | €18,466 | €20,193 | +€1,727 | +9.4% |
| Suppliers | 440/4 | €18,466 | €20,193 | +€1,727 | +9.4% |
| Advances received on contracts in progress | 46 | - | €7,398 | +€7,398 | |
| Taxes, remuneration and social security | 45 | €53,970 | €49,985 | -€3,986 | -7.4% |
| Taxes | 450/3 | €5,743 | €2,166 | -€3,577 | -62.3% |
| Remuneration and social security | 454/9 | €48,227 | €47,819 | -€409 | -0.8% |
| Other amounts payable | 47/48 | €20,321 | €20,351 | +€30 | +0.1% |
| Accrued charges and deferred income | 492/3 | €2,557 | €0 | -€2,557 | -100.0% |
| Non-recurring operating income | 76A | - | €200 | +€200 | |
| Remuneration, social security and pensions | 62 | €266,557 | €206,919 | -€59,638 | -22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,428 | €19,845 | -€583 | -2.9% |
| Other operating charges | 640/8 | €9,218 | €6,753 | -€2,465 | -26.7% |
| Gross operating margin | 9900 | €266,863 | €255,141 | -€11,722 | -4.4% |
| Operating profit (loss) | 9901 | -€29,340 | €21,624 | +€50,965 | |
| Financial income | 75/76B | €15,808 | €16,607 | +€798 | +5.1% |
| Recurring financial income | 75 | €15,808 | €16,607 | +€798 | +5.1% |
| Financial charges | 65/66B | €4,283 | €5,761 | +€1,479 | +34.5% |
| Recurring financial charges | 65 | €4,283 | €5,761 | +€1,479 | +34.5% |
| Profit (loss) for the period before taxes | 9903 | -€17,815 | €32,470 | +€50,284 | |
| Income taxes | 67/77 | €5,850 | €1,168 | -€4,682 | -80.0% |
| Profit (loss) for the period | 9904 | -€23,664 | €31,302 | +€54,966 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,664 | €31,302 | +€54,966 |
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 1 October 2026 via checked.be.