IntelliThings: what changed
Two financial 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.
IntelliThings
Largest movements
- Intangible fixed assets -€291,836
down €291,836 (-100%), from €291,836 to €0
- Receivables within one year +€120,094
up €120,094 (+347%), from €34,630 to €154,724
of which Other amounts receivable: +€120,541
- Deferred charges and accrued income -€24,959
down €24,959 (-98.5%), from €25,351 to €392
- Cash +€10,786
up €10,786 (+581%), from €1,856 to €12,642
mainly Investment in fixed assets (net) (+€291,836) and Net result for the year (+€26,876)
- Debts after one year -€104,772
down €104,772 (-100%), from €104,772 to €0
- Trade debts -€72,498
down €72,498 (-99.7%), from €72,749 to €251
- Current portion of long-term debt -€32,211
down €32,211 (-79.0%), from €40,775 to €8,565
- Tax, wage and social debts -€29,656
down €29,656 (-45.2%), from €65,583 to €35,928
of which Remuneration and social security: -€31,683
- Reserves +€26,876
up €26,876 (+46.9%), from €57,331 to €84,207
of which Distributable reserves: +€26,876
- Gross operating margin -€145,188
down €145,188 (-49.3%), from €294,454 to €149,266
- Depreciation -€78,594
down €78,594 (-98.9%), from €79,429 to €835
- Staff costs -€48,963
down €48,963 (-25.3%), from €193,258 to €144,295
- Financial income +€29,157
up €29,157 (+97,190,467%), from €0 to €29,157
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.
Derived cash bridge
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 | €357,198 | €170,448 | -€186,751 | -52.3% |
| Fixed assets | 21/28 | €295,361 | €2,690 | -€292,671 | -99.1% |
| Intangible fixed assets | 21 | €291,836 | €0 | -€291,836 | -100% |
| Tangible fixed assets | 22/27 | €3,340 | €2,505 | -€835 | -25.0% |
| Furniture and vehicles | 24 | €3,340 | €2,505 | -€835 | -25.0% |
| Financial fixed assets | 28 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €61,837 | €167,757 | +€105,920 | +171% |
| Amounts receivable within one year | 40/41 | €34,630 | €154,724 | +€120,094 | +347% |
| Trade receivables | 40 | €4,384 | €3,936 | -€447 | -10.2% |
| Other amounts receivable | 41 | €30,246 | €150,788 | +€120,541 | +399% |
| Cash at bank and in hand | 54/58 | €1,856 | €12,642 | +€10,786 | +581% |
| Deferred charges and accrued income | 490/1 | €25,351 | €392 | -€24,959 | -98.5% |
| Total equity and liabilities | 10/49 | €357,198 | €170,448 | -€186,751 | -52.3% |
| Equity | 10/15 | €69,731 | €96,607 | +€26,876 | +38.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €57,331 | €84,207 | +€26,876 | +46.9% |
| Non-distributable reserves | 130/1 | €205 | €205 | = | 0.0% |
| Reserves not available under the articles | 1311 | €205 | €205 | = | 0.0% |
| Distributable reserves | 133 | €57,126 | €84,002 | +€26,876 | +47.0% |
| Amounts payable | 17/49 | €287,467 | €73,840 | -€213,627 | -74.3% |
| Amounts payable after more than one year | 17 | €104,772 | €0 | -€104,772 | -100% |
| Other amounts payable | 178/9 | €104,772 | €0 | -€104,772 | -100% |
| Amounts payable within one year | 42/48 | €179,108 | €70,200 | -€108,907 | -60.8% |
| Current portion of amounts payable after more than one year | 42 | €40,775 | €8,565 | -€32,211 | -79.0% |
| Trade debts | 44 | €72,749 | €251 | -€72,498 | -99.7% |
| Suppliers | 440/4 | €72,749 | €251 | -€72,498 | -99.7% |
| Advances received on contracts in progress | 46 | - | €24,457 | +€24,457 | |
| Taxes, remuneration and social security | 45 | €65,583 | €35,928 | -€29,656 | -45.2% |
| Taxes | 450/3 | €33,901 | €35,928 | +€2,027 | +6.0% |
| Remuneration and social security | 454/9 | €31,683 | €0 | -€31,683 | -100% |
| Other amounts payable | 47/48 | €0 | €1,000 | +€1,000 | |
| Accrued charges and deferred income | 492/3 | €3,588 | €3,640 | +€52 | +1.5% |
| Remuneration, social security and pensions | 62 | €193,258 | €144,295 | -€48,963 | -25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,429 | €835 | -€78,594 | -98.9% |
| Other operating charges | 640/8 | €1,895 | €2,449 | +€554 | +29.3% |
| Non-recurring operating charges | 66A | - | €1,836 | +€1,836 | |
| Gross operating margin | 9900 | €294,454 | €149,266 | -€145,188 | -49.3% |
| Operating profit (loss) | 9901 | €19,872 | -€149 | -€20,021 | |
| Financial income | 75/76B | €0 | €29,157 | +€29,157 | +97,190,467% |
| Recurring financial income | 75 | €0 | €29,157 | +€29,157 | +97,190,467% |
| Financial charges | 65/66B | €2,069 | €1,693 | -€376 | -18.2% |
| Recurring financial charges | 65 | €2,069 | €1,693 | -€376 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €17,804 | €27,316 | +€9,512 | +53.4% |
| Income taxes | 67/77 | €424 | €440 | +€17 | +3.9% |
| Profit (loss) for the period | 9904 | €17,380 | €26,876 | +€9,496 | +54.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,380 | €26,876 | +€9,496 | +54.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.