INTELLINET: 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.
INTELLINET
Largest movements
- Cash -€24,309
down €24,309 (-18.8%), from €129,132 to €104,822
mainly Trade debts (-€52,805) and Receivables within one year (-€17,579)
- Receivables within one year +€17,579
up €17,579 (+28.4%), from €61,983 to €79,562
of which Trade receivables: +€16,352
- Tangible fixed assets -€7,481
down €7,481 (-88.7%), from €8,436 to €955
- Trade debts -€52,805
down €52,805 (-78.6%), from €67,170 to €14,365
- Profit (loss) carried forward +€29,762
up €29,762 (+115.5%), from €25,767 to €55,529
- Tax, wage and social debts +€18,776
up €18,776 (+50.4%), from €37,276 to €56,052
of which Taxes: +€16,683
- Debts after one year -€5,595
down €5,595 (-55.1%), from €10,149 to €4,553
- Current portion of long-term debt -€3,688
down €3,688 (-39.7%), from €9,283 to €5,595
- Staff costs -€25,077
down €25,077 (-21.7%), from €115,572 to €90,495
- Financial income -€17,831
down €17,831 (-94.3%), from €18,899 to €1,068
- Gross operating margin -€8,829
down €8,829 (-5.6%), from €156,308 to €147,479
- Depreciation -€7,506
down €7,506 (-59.0%), from €12,715 to €5,210
- Financial charges -€7,345
down €7,345 (-44.8%), from €16,378 to €9,034
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 | €204,072 | €189,264 | -€14,808 | -7.3% |
| Fixed assets | 21/28 | €10,496 | €1,636 | -€8,861 | -84.4% |
| Intangible fixed assets | 21 | €2,061 | €681 | -€1,380 | -67.0% |
| Tangible fixed assets | 22/27 | €8,436 | €955 | -€7,481 | -88.7% |
| Furniture and vehicles | 24 | €8,436 | €955 | -€7,481 | -88.7% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €193,576 | €187,628 | -€5,948 | -3.1% |
| Amounts receivable within one year | 40/41 | €61,983 | €79,562 | +€17,579 | +28.4% |
| Trade receivables | 40 | €44,648 | €60,999 | +€16,352 | +36.6% |
| Other amounts receivable | 41 | €17,335 | €18,562 | +€1,227 | +7.1% |
| Cash at bank and in hand | 54/58 | €129,132 | €104,822 | -€24,309 | -18.8% |
| Deferred charges and accrued income | 490/1 | €2,462 | €3,244 | +€783 | +31.8% |
| Total equity and liabilities | 10/49 | €204,072 | €189,264 | -€14,808 | -7.3% |
| Equity | 10/15 | €78,461 | €108,223 | +€29,762 | +37.9% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €40,694 | €40,694 | = | 0.0% |
| Distributable reserves | 133 | €40,694 | €40,694 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,767 | €55,529 | +€29,762 | +115.5% |
| Amounts payable | 17/49 | €125,611 | €81,041 | -€44,571 | -35.5% |
| Amounts payable after more than one year | 17 | €10,149 | €4,553 | -€5,595 | -55.1% |
| Financial debts | 170/4 | €10,149 | €4,553 | -€5,595 | -55.1% |
| Amounts payable within one year | 42/48 | €115,463 | €76,487 | -€38,975 | -33.8% |
| Current portion of amounts payable after more than one year | 42 | €9,283 | €5,595 | -€3,688 | -39.7% |
| Financial debts | 43 | €1,733 | €475 | -€1,258 | -72.6% |
| Credit institutions | 430/8 | €1,733 | €475 | -€1,258 | -72.6% |
| Trade debts | 44 | €67,170 | €14,365 | -€52,805 | -78.6% |
| Suppliers | 440/4 | €67,170 | €14,365 | -€52,805 | -78.6% |
| Taxes, remuneration and social security | 45 | €37,276 | €56,052 | +€18,776 | +50.4% |
| Taxes | 450/3 | €23,283 | €39,965 | +€16,683 | +71.7% |
| Remuneration and social security | 454/9 | €13,993 | €16,087 | +€2,093 | +15.0% |
| Non-recurring operating income | 76A | - | €16,699 | +€16,699 | |
| Remuneration, social security and pensions | 62 | €115,572 | €90,495 | -€25,077 | -21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,715 | €5,210 | -€7,506 | -59.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,590 | +€4,590 | |
| Other operating charges | 640/8 | €1,051 | €1,660 | +€609 | +57.9% |
| Non-recurring operating charges | 66A | €1,081 | €0 | -€1,081 | -100.0% |
| Gross operating margin | 9900 | €156,308 | €147,479 | -€8,829 | -5.6% |
| Operating profit (loss) | 9901 | €25,889 | €45,525 | +€19,636 | +75.8% |
| Financial income | 75/76B | €18,899 | €1,068 | -€17,831 | -94.3% |
| Recurring financial income | 75 | €18,899 | €1,068 | -€17,831 | -94.3% |
| Financial charges | 65/66B | €16,378 | €9,034 | -€7,345 | -44.8% |
| Recurring financial charges | 65 | €16,378 | €9,034 | -€7,345 | -44.8% |
| Profit (loss) for the period before taxes | 9903 | €28,409 | €37,559 | +€9,150 | +32.2% |
| Income taxes | 67/77 | €2,642 | €7,797 | +€5,155 | +195.1% |
| Profit (loss) for the period | 9904 | €25,767 | €29,762 | +€3,995 | +15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €25,767 | €29,762 | +€3,995 | +15.5% |
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.