INTELCON: 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.
INTELCON
Largest movements
- Cash +€60,606
up €60,606 (+668.3%), from €9,069 to €69,675
mainly Receivables within one year (+€36,500) and Net result for the year (+€12,068)
- Receivables within one year -€36,500
down €36,500 (-43.8%), from €83,362 to €46,862
of which Trade receivables: -€35,285
- Profit (loss) carried forward +€12,068
up €12,068 (+27.0%), from -€44,740 to -€32,672
- Trade debts +€11,702
new in 2025: €11,702
- Gross operating margin +€7,833
up €7,833 (+177.7%), from €4,409 to €12,242
- Other operating charges -€296
down €296 (-67.3%), from €441 to €144
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 | €92,431 | €116,538 | +€24,107 | +26.1% |
| Current assets | 29/58 | €92,431 | €116,538 | +€24,107 | +26.1% |
| Amounts receivable within one year | 40/41 | €83,362 | €46,862 | -€36,500 | -43.8% |
| Trade receivables | 40 | €71,721 | €36,436 | -€35,285 | -49.2% |
| Other amounts receivable | 41 | €11,641 | €10,426 | -€1,215 | -10.4% |
| Cash at bank and in hand | 54/58 | €9,069 | €69,675 | +€60,606 | +668.3% |
| Total equity and liabilities | 10/49 | €92,431 | €116,538 | +€24,107 | +26.1% |
| Equity | 10/15 | €92,321 | €104,389 | +€12,068 | +13.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €75,561 | €75,561 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Distributable reserves | 133 | €72,462 | €72,462 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,740 | -€32,672 | +€12,068 | +27.0% |
| Amounts payable | 17/49 | €110 | €12,149 | +€12,039 | +10930.3% |
| Amounts payable within one year | 42/48 | €110 | €12,149 | +€12,039 | +10930.3% |
| Trade debts | 44 | - | €11,702 | +€11,702 | |
| Suppliers | 440/4 | - | €11,702 | +€11,702 | |
| Other amounts payable | 47/48 | €110 | €447 | +€337 | +305.8% |
| Other operating charges | 640/8 | €441 | €144 | -€296 | -67.3% |
| Gross operating margin | 9900 | €4,409 | €12,242 | +€7,833 | +177.7% |
| Operating profit (loss) | 9901 | €3,968 | €12,098 | +€8,130 | +204.9% |
| Financial charges | 65/66B | €29 | €30 | +€2 | +5.3% |
| Recurring financial charges | 65 | €29 | €30 | +€2 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €3,940 | €12,068 | +€8,128 | +206.3% |
| Profit (loss) for the period | 9904 | €3,940 | €12,068 | +€8,128 | +206.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,940 | €12,068 | +€8,128 | +206.3% |
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 3 October 2026 via checked.be.