Intelli-Select: 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.
Intelli-Select
Largest movements
- Cash +€211,891
up €211,891 (+103.7%), from €204,396 to €416,287
mainly Receivables within one year (+€174,423) and Depreciation (+€31,999)
- Receivables within one year -€174,423
down €174,423 (-95.4%), from €182,764 to €8,341
of which Trade receivables: -€160,661
- Intangible fixed assets -€26,081
down €26,081 (-25.0%), from €104,312 to €78,231
- Tangible fixed assets -€5,918
down €5,918 (-60.9%), from €9,726 to €3,807
of which Furniture and vehicles: -€5,618
- Tax, wage and social debts +€13,402
up €13,402 (+15.0%), from €89,314 to €102,716
of which Taxes: +€25,315
- Profit (loss) carried forward -€8,079
down €8,079 (-2.0%), from €413,160 to €405,081
- Gross operating margin -€665,347
down €665,347 (-68.7%), from €968,083 to €302,736
- Staff costs -€101,802
down €101,802 (-26.8%), from €379,308 to €277,506
- Taxes -€43,799
down €43,799 (-97.8%), from €44,782 to €984
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 | €506,302 | €511,285 | +€4,983 | +1.0% |
| Fixed assets | 21/28 | €115,717 | €83,718 | -€31,999 | -27.7% |
| Intangible fixed assets | 21 | €104,312 | €78,231 | -€26,081 | -25.0% |
| Tangible fixed assets | 22/27 | €9,726 | €3,807 | -€5,918 | -60.9% |
| Furniture and vehicles | 24 | €7,027 | €1,409 | -€5,618 | -80.0% |
| Other tangible fixed assets | 26 | €2,699 | €2,399 | -€300 | -11.1% |
| Financial fixed assets | 28 | €1,680 | €1,680 | = | 0.0% |
| Current assets | 29/58 | €390,585 | €427,566 | +€36,982 | +9.5% |
| Amounts receivable within one year | 40/41 | €182,764 | €8,341 | -€174,423 | -95.4% |
| Trade receivables | 40 | €162,000 | €1,339 | -€160,661 | -99.2% |
| Other amounts receivable | 41 | €20,764 | €7,002 | -€13,762 | -66.3% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €204,396 | €416,287 | +€211,891 | +103.7% |
| Deferred charges and accrued income | 490/1 | €3,425 | €2,939 | -€486 | -14.2% |
| Total equity and liabilities | 10/49 | €506,302 | €511,285 | +€4,983 | +1.0% |
| Equity | 10/15 | €414,160 | €406,081 | -€8,079 | -2.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €413,160 | €405,081 | -€8,079 | -2.0% |
| Amounts payable | 17/49 | €92,142 | €105,204 | +€13,062 | +14.2% |
| Amounts payable within one year | 42/48 | €92,142 | €105,204 | +€13,062 | +14.2% |
| Financial debts | 43 | €62 | €1,370 | +€1,307 | +2092.9% |
| Credit institutions | 430/8 | €62 | - | -€62 | |
| Other loans | 439 | - | €1,370 | +€1,370 | |
| Trade debts | 44 | €2,765 | €1,118 | -€1,647 | -59.6% |
| Suppliers | 440/4 | €2,765 | €1,118 | -€1,647 | -59.6% |
| Taxes, remuneration and social security | 45 | €89,314 | €102,716 | +€13,402 | +15.0% |
| Taxes | 450/3 | €52,321 | €77,636 | +€25,315 | +48.4% |
| Remuneration and social security | 454/9 | €36,993 | €25,080 | -€11,913 | -32.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €270,887 | €0 | -€270,887 | -100.0% |
| Remuneration, social security and pensions | 62 | €379,308 | €277,506 | -€101,802 | -26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,115 | €31,999 | +€884 | +2.8% |
| Other operating charges | 640/8 | €968 | €1,143 | +€175 | +18.1% |
| Gross operating margin | 9900 | €968,083 | €302,736 | -€665,347 | -68.7% |
| Operating profit (loss) | 9901 | €556,692 | -€7,912 | -€564,604 | |
| Financial income | 75/76B | €8,311 | €950 | -€7,361 | -88.6% |
| Recurring financial income | 75 | €8,311 | €950 | -€7,361 | -88.6% |
| Financial charges | 65/66B | €1,059 | €133 | -€926 | -87.4% |
| Recurring financial charges | 65 | €1,059 | €133 | -€926 | -87.4% |
| Profit (loss) for the period before taxes | 9903 | €563,944 | -€7,096 | -€571,039 | |
| Income taxes | 67/77 | €44,782 | €984 | -€43,799 | -97.8% |
| Profit (loss) for the period | 9904 | €519,161 | -€8,079 | -€527,241 | |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €519,161 | -€8,079 | -€527,241 |
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.