Intensec: 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.
What changed
Intensec
NACE 62.200, Computer consultancy and computer facilities management
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€448,729
2024 · €355,780+€92,949
Equity
€2.0m
2024 · €1.6m+€448,729
Cash
€40,216
2024 · €69,814-€29,598
Balance sheet total
€4.1m
2024 · €2.5m+€1.6m
Largest movements
Assets
- Receivables within one year +€1.4m
up €1.4m (+59.3%), from €2.3m to €3.6m
of which Other amounts receivable: +€795,967
- Deferred charges and accrued income +€288,350
up €288,350 (+347%), from €83,127 to €371,476
Equity and liabilities
- Trade debts +€577,019
up €577,019 (+84.4%), from €683,837 to €1.3m
- Accrued charges and deferred income +€518,207
up €518,207 (+543%), from €95,503 to €613,711
- Reserves +€449,200
up €449,200 (+29.6%), from €1.5m to €2.0m
of which Distributable reserves: +€402,890
- Tax, wage and social debts +€75,825
up €75,825 (+64.2%), from €118,106 to €193,932
of which Taxes: +€76,324
Income statement
- Turnover +€1.2m
up €1.2m (+15.1%), from €8.2m to €9.4m
- Purchases and services +€1.1m
up €1.1m (+16.4%), from €6.8m to €7.9m
- Gross operating margin +€144,095
up €144,095 (+10.3%), from €1.4m to €1.5m
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.
Result 2024
€355,780
Gross operating margin
+€144,095
Staff costs
-€27,816
Depreciation
-€2,330
Write-downs
-€40,361
Other operating charges
+€61,983
Financial income
+€1,233
Financial charges
-€13,055
Taxes
-€30,799
Result 2025
€448,729
raises the resultlowers the result
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.
From operations
-€11,466
Investment
-€18,132
Financing
€0
Cash 2024
€69,814
From operations (derived)
-€11,466
Net result for the year
+€448,729
Depreciation
+€16,029
Receivables within one year
-€1.4m
Deferred charges and accrued income
-€288,350
Provisions
+€20
Trade debts
+€577,019
Tax, wage and social debts
+€75,825
Other debts
-€5,000
Accrued charges and deferred income
+€518,207
Investment (derived)
-€18,132
Investment in fixed assets (net)
-€18,132
Cash 2025
€40,216
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,507,471 | €4,122,272 | +€1.6m | +64.4% |
| Fixed assets | 21/28 | €71,782 | €73,885 | +€2,103 | +2.9% |
| Tangible fixed assets | 22/27 | €22,182 | €24,285 | +€2,103 | +9.5% |
| Plant, machinery and equipment | 23 | €21,481 | €24,226 | +€2,745 | +12.8% |
| Furniture and vehicles | 24 | €701 | €59 | -€642 | -91.6% |
| Financial fixed assets | 28 | €49,600 | €49,600 | = | 0.0% |
| Current assets | 29/58 | €2,435,690 | €4,048,388 | +€1.6m | +66.2% |
| Amounts receivable within one year | 40/41 | €2,282,749 | €3,636,696 | +€1.4m | +59.3% |
| Trade receivables | 40 | €1,519,858 | €2,077,838 | +€557,980 | +36.7% |
| Other amounts receivable | 41 | €762,891 | €1,558,857 | +€795,967 | +104% |
| Cash at bank and in hand | 54/58 | €69,814 | €40,216 | -€29,598 | -42.4% |
| Deferred charges and accrued income | 490/1 | €83,127 | €371,476 | +€288,350 | +347% |
| Total equity and liabilities | 10/49 | €2,507,471 | €4,122,272 | +€1.6m | +64.4% |
| Equity | 10/15 | €1,581,400 | €2,030,129 | +€448,729 | +28.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,518,490 | €1,967,690 | +€449,200 | +29.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €206,290 | €252,600 | +€46,310 | +22.4% |
| Distributable reserves | 133 | €1,306,000 | €1,708,890 | +€402,890 | +30.8% |
| Profit (loss) carried forward | 14 | €910 | €439 | -€471 | -51.8% |
| Provisions and deferred taxes | 16 | €3,625 | €3,645 | +€20 | +0.5% |
| Provisions for liabilities and charges | 160/5 | €3,625 | €3,645 | +€20 | +0.5% |
| Pensions and similar obligations | 160 | €3,625 | €3,645 | +€20 | +0.5% |
| Amounts payable | 17/49 | €922,447 | €2,088,499 | +€1.2m | +126% |
| Amounts payable within one year | 42/48 | €826,943 | €1,474,788 | +€647,845 | +78.3% |
| Trade debts | 44 | €683,837 | €1,260,856 | +€577,019 | +84.4% |
| Suppliers | 440/4 | €683,837 | €1,260,856 | +€577,019 | +84.4% |
| Taxes, remuneration and social security | 45 | €118,106 | €193,932 | +€75,825 | +64.2% |
| Taxes | 450/3 | €23,560 | €99,884 | +€76,324 | +324% |
| Remuneration and social security | 454/9 | €94,546 | €94,047 | -€499 | -0.5% |
| Other amounts payable | 47/48 | €25,000 | €20,000 | -€5,000 | -20.0% |
| Accrued charges and deferred income | 492/3 | €95,503 | €613,711 | +€518,207 | +543% |
| Turnover | 70 | €8,187,781 | €9,426,558 | +€1.2m | +15.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €6,800,946 | €7,917,847 | +€1.1m | +16.4% |
| Remuneration, social security and pensions | 62 | €834,450 | €862,266 | +€27,816 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,699 | €16,029 | +€2,330 | +17.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €972 | €41,333 | +€40,361 | +4,152% |
| Other operating charges | 640/8 | €65,814 | €3,830 | -€61,983 | -94.2% |
| Gross operating margin | 9900 | €1,404,947 | €1,549,042 | +€144,095 | +10.3% |
| Operating profit (loss) | 9901 | €490,012 | €625,583 | +€135,571 | +27.7% |
| Financial income | 75/76B | €15,057 | €16,289 | +€1,233 | +8.2% |
| Recurring financial income | 75 | €15,057 | €16,289 | +€1,233 | +8.2% |
| Financial charges | 65/66B | €19,649 | €32,704 | +€13,055 | +66.4% |
| Recurring financial charges | 65 | €19,649 | €32,704 | +€13,055 | +66.4% |
| Profit (loss) for the period before taxes | 9903 | €485,419 | €609,168 | +€123,749 | +25.5% |
| Income taxes | 67/77 | €129,640 | €160,439 | +€30,799 | +23.8% |
| Profit (loss) for the period | 9904 | €355,780 | €448,729 | +€92,949 | +26.1% |
| Transfer from tax-exempt reserves | 789 | - | €37,890 | +€37,890 | |
| Transfer to tax-exempt reserves | 689 | €105,250 | €84,200 | -€21,050 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €250,530 | €402,419 | +€151,889 | +60.6% |
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 25 October 2026 via checked.be.