Intellectum: 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.
Intellectum
Largest movements
- Tangible fixed assets -€785
down €785 (-37.6%), from €2,087 to €1,302
- Cash -€764
down €764 (-63.4%), from €1,205 to €441
mainly Trade debts (-€3,102) and Receivables within one year (-€672)
- Receivables within one year +€672
up €672 (+16224.4%), from €4 to €676
of which Other amounts receivable: +€465
- Deferred charges and accrued income -€204
down €204 (-23.4%), from €873 to €669
- Trade debts -€3,102
down €3,102 (-53.0%), from €5,856 to €2,755
- Other debts +€1,813
up €1,813 (+9.8%), from €18,405 to €20,218
- Tax, wage and social debts +€685
up €685 (+128.6%), from €533 to €1,218
- Profit (loss) carried forward -€478
down €478 (-2.0%), from -€23,625 to -€24,103
- Gross operating margin +€21,147
up €21,147, from -€20,843 to €304
- Taxes -€933
down €933, from €600 to -€333
- Financial income +€359
up €359 (+1237.8%), from €29 to €388
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 | €4,169 | €3,088 | -€1,081 | -25.9% |
| Fixed assets | 21/28 | €2,087 | €1,302 | -€785 | -37.6% |
| Tangible fixed assets | 22/27 | €2,087 | €1,302 | -€785 | -37.6% |
| Furniture and vehicles | 24 | €2,087 | €1,302 | -€785 | -37.6% |
| Current assets | 29/58 | €2,082 | €1,786 | -€297 | -14.2% |
| Amounts receivable within one year | 40/41 | €4 | €676 | +€672 | +16224.4% |
| Trade receivables | 40 | - | €207 | +€207 | |
| Other amounts receivable | 41 | €4 | €469 | +€465 | +11235.7% |
| Cash at bank and in hand | 54/58 | €1,205 | €441 | -€764 | -63.4% |
| Deferred charges and accrued income | 490/1 | €873 | €669 | -€204 | -23.4% |
| Total equity and liabilities | 10/49 | €4,169 | €3,088 | -€1,081 | -25.9% |
| Equity | 10/15 | -€20,625 | -€21,103 | -€478 | -2.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,625 | -€24,103 | -€478 | -2.0% |
| Amounts payable | 17/49 | €24,794 | €24,191 | -€604 | -2.4% |
| Amounts payable within one year | 42/48 | €24,794 | €24,191 | -€604 | -2.4% |
| Trade debts | 44 | €5,856 | €2,755 | -€3,102 | -53.0% |
| Suppliers | 440/4 | €5,856 | €2,755 | -€3,102 | -53.0% |
| Taxes, remuneration and social security | 45 | €533 | €1,218 | +€685 | +128.6% |
| Taxes | 450/3 | €533 | €1,218 | +€685 | +128.6% |
| Other amounts payable | 47/48 | €18,405 | €20,218 | +€1,813 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €782 | €785 | +€2 | +0.3% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€20,843 | €304 | +€21,147 | |
| Operating profit (loss) | 9901 | -€22,130 | -€1,001 | +€21,130 | +95.5% |
| Financial income | 75/76B | €29 | €388 | +€359 | +1237.8% |
| Recurring financial income | 75 | €29 | €388 | +€359 | +1237.8% |
| Financial charges | 65/66B | €134 | €198 | +€64 | +47.6% |
| Recurring financial charges | 65 | €134 | €198 | +€64 | +47.6% |
| Profit (loss) for the period before taxes | 9903 | -€22,236 | -€811 | +€21,425 | +96.4% |
| Income taxes | 67/77 | €600 | -€333 | -€933 | |
| Profit (loss) for the period | 9904 | -€22,836 | -€478 | +€22,358 | +97.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,836 | -€478 | +€22,358 | +97.9% |
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 6 October 2026 via checked.be.