INTELLISOL: 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.
INTELLISOL
Largest movements
- Receivables within one year -€653,725
down €653,725 (-82.0%), from €797,363 to €143,638
of which Trade receivables: -€575,398
- Cash +€328,009
up €328,009 (+648.9%), from €50,550 to €378,559
mainly Receivables within one year (+€653,725) and Depreciation (+€438,368)
- Tangible fixed assets -€282,790
down €282,790 (-8.2%), from €3.5m to €3.2m
of which Leasing and similar rights: -€168,787
- Stocks and contracts -€271,584
down €271,584 (-27.8%), from €976,328 to €704,744
- Debts after one year -€360,095
down €360,095 (-14.9%), from €2.4m to €2.0m
of which Financial debts: -€366,095
- Advances received -€250,600
down €250,600 (-70.2%), from €356,818 to €106,218
- Trade debts -€181,232
down €181,232 (-80.8%), from €224,366 to €43,135
- Provisions -€56,208
down €56,208 (-7.8%), from €725,148 to €668,940
- Gross operating margin -€162,886
down €162,886 (-10.0%), from €1.6m to €1.5m
- Staff costs -€116,123
down €116,123 (-11.1%), from €1.0m to €929,404
- Depreciation -€25,294
down €25,294 (-5.5%), from €463,662 to €438,368
- Financial charges -€17,053
down €17,053 (-22.7%), from €75,081 to €58,029
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 | €5,335,988 | €4,485,807 | -€850,181 | -15.9% |
| Fixed assets | 21/28 | €3,462,020 | €3,179,230 | -€282,790 | -8.2% |
| Tangible fixed assets | 22/27 | €3,461,520 | €3,178,730 | -€282,790 | -8.2% |
| Land and buildings | 22 | €505,036 | €486,550 | -€18,486 | -3.7% |
| Plant, machinery and equipment | 23 | €806,064 | €679,367 | -€126,697 | -15.7% |
| Furniture and vehicles | 24 | €31,686 | €62,866 | +€31,181 | +98.4% |
| Leasing and similar rights | 25 | €2,118,734 | €1,949,947 | -€168,787 | -8.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €1,873,969 | €1,306,578 | -€567,391 | -30.3% |
| Amounts receivable after more than one year | 29 | - | €45,000 | +€45,000 | |
| Other amounts receivable | 291 | - | €45,000 | +€45,000 | |
| Stocks and contracts in progress | 3 | €976,328 | €704,744 | -€271,584 | -27.8% |
| Stocks | 30/36 | €976,328 | €704,744 | -€271,584 | -27.8% |
| Amounts receivable within one year | 40/41 | €797,363 | €143,638 | -€653,725 | -82.0% |
| Trade receivables | 40 | €672,154 | €96,756 | -€575,398 | -85.6% |
| Other amounts receivable | 41 | €125,209 | €46,882 | -€78,327 | -62.6% |
| Cash at bank and in hand | 54/58 | €50,550 | €378,559 | +€328,009 | +648.9% |
| Deferred charges and accrued income | 490/1 | €49,728 | €34,637 | -€15,091 | -30.3% |
| Total equity and liabilities | 10/49 | €5,335,988 | €4,485,807 | -€850,181 | -15.9% |
| Equity | 10/15 | €1,091,492 | €1,127,593 | +€36,101 | +3.3% |
| Contributions | 10/11 | €170,000 | €170,000 | = | 0.0% |
| Capital | 10 | €170,000 | €170,000 | = | 0.0% |
| Issued capital | 100 | €170,000 | €170,000 | = | 0.0% |
| Reserves | 13 | €921,492 | €957,593 | +€36,101 | +3.9% |
| Non-distributable reserves | 130/1 | €17,000 | €17,000 | = | 0.0% |
| Legal reserve | 130 | €17,000 | €17,000 | = | 0.0% |
| Distributable reserves | 133 | €904,492 | €940,593 | +€36,101 | +4.0% |
| Provisions and deferred taxes | 16 | €725,148 | €668,940 | -€56,208 | -7.8% |
| Provisions for liabilities and charges | 160/5 | €725,148 | €668,940 | -€56,208 | -7.8% |
| Other liabilities and charges | 164/5 | €725,148 | €668,940 | -€56,208 | -7.8% |
| Amounts payable | 17/49 | €3,519,349 | €2,689,275 | -€830,074 | -23.6% |
| Amounts payable after more than one year | 17 | €2,409,706 | €2,049,611 | -€360,095 | -14.9% |
| Financial debts | 170/4 | €2,402,841 | €2,036,746 | -€366,095 | -15.2% |
| Other amounts payable | 178/9 | €6,865 | €12,865 | +€6,000 | +87.4% |
| Amounts payable within one year | 42/48 | €1,109,170 | €639,664 | -€469,506 | -42.3% |
| Current portion of amounts payable after more than one year | 42 | €371,471 | €368,783 | -€2,688 | -0.7% |
| Trade debts | 44 | €224,366 | €43,135 | -€181,232 | -80.8% |
| Suppliers | 440/4 | €224,366 | €43,135 | -€181,232 | -80.8% |
| Advances received on contracts in progress | 46 | €356,818 | €106,218 | -€250,600 | -70.2% |
| Taxes, remuneration and social security | 45 | €156,448 | €121,310 | -€35,138 | -22.5% |
| Taxes | 450/3 | €33,079 | €6,563 | -€26,516 | -80.2% |
| Remuneration and social security | 454/9 | €123,369 | €114,748 | -€8,621 | -7.0% |
| Other amounts payable | 47/48 | €68 | €218 | +€151 | +223.2% |
| Accrued charges and deferred income | 492/3 | €473 | - | -€473 | |
| Non-recurring operating income | 76A | €1,013 | €14,464 | +€13,450 | +1327.5% |
| Remuneration, social security and pensions | 62 | €1,045,527 | €929,404 | -€116,123 | -11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €463,662 | €438,368 | -€25,294 | -5.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€56,372 | -€56,208 | +€164 | +0.3% |
| Other operating charges | 640/8 | €43,603 | €45,054 | +€1,450 | +3.3% |
| Non-recurring operating charges | 66A | - | €1,000 | +€1,000 | |
| Gross operating margin | 9900 | €1,636,088 | €1,473,202 | -€162,886 | -10.0% |
| Operating profit (loss) | 9901 | €139,667 | €115,585 | -€24,083 | -17.2% |
| Financial income | 75/76B | €17,264 | €5,095 | -€12,169 | -70.5% |
| Recurring financial income | 75 | €17,264 | €5,095 | -€12,169 | -70.5% |
| Financial charges | 65/66B | €75,081 | €58,029 | -€17,053 | -22.7% |
| Recurring financial charges | 65 | €75,081 | €58,029 | -€17,053 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €81,850 | €62,651 | -€19,199 | -23.5% |
| Income taxes | 67/77 | €32,791 | €26,550 | -€6,242 | -19.0% |
| Profit (loss) for the period | 9904 | €49,059 | €36,101 | -€12,957 | -26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €49,059 | €36,101 | -€12,957 | -26.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.