INTERCOLIS: 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.
INTERCOLIS
Largest movements
- Tangible fixed assets -€77,028
down €77,028 (-40.7%), from €189,372 to €112,343
of which Furniture and vehicles: -€70,579
- Receivables within one year -€66,126
down €66,126 (-12.1%), from €547,570 to €481,443
of which Trade receivables: -€56,942
- Cash +€33,512
up €33,512 (+27.3%), from €122,861 to €156,372
mainly Depreciation (+€99,893) and Receivables within one year (+€66,126)
- Current investments -€20,000
down €20,000 (-10.5%), from €190,000 to €170,000
- Intangible fixed assets +€18,207
up €18,207 (+151.3%), from €12,036 to €30,242
- Trade debts -€50,404
down €50,404 (-12.3%), from €408,854 to €358,450
- Debts after one year -€36,763
down €36,763 (-35.4%), from €103,758 to €66,995
- Current portion of long-term debt -€31,063
down €31,063 (-45.8%), from €67,826 to €36,763
- Staff costs -€92,089
down €92,089 (-10.9%), from €842,143 to €750,054
- Gross operating margin +€52,466
up €52,466 (+6.1%), from €860,200 to €912,666
- Depreciation -€35,336
down €35,336 (-26.1%), from €135,229 to €99,893
- Other operating charges +€28,935
up €28,935 (+158.9%), from €18,211 to €47,146
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,086,260 | €975,323 | -€110,936 | -10.2% |
| Fixed assets | 21/28 | €203,701 | €145,297 | -€58,405 | -28.7% |
| Intangible fixed assets | 21 | €12,036 | €30,242 | +€18,207 | +151.3% |
| Tangible fixed assets | 22/27 | €189,372 | €112,343 | -€77,028 | -40.7% |
| Land and buildings | 22 | €28,078 | €29,727 | +€1,649 | +5.9% |
| Plant, machinery and equipment | 23 | €3,313 | €2,266 | -€1,047 | -31.6% |
| Furniture and vehicles | 24 | €138,216 | €67,637 | -€70,579 | -51.1% |
| Leasing and similar rights | 25 | €19,765 | €12,714 | -€7,051 | -35.7% |
| Financial fixed assets | 28 | €2,294 | €2,711 | +€417 | +18.2% |
| Current assets | 29/58 | €882,559 | €830,027 | -€52,532 | -6.0% |
| Amounts receivable within one year | 40/41 | €547,570 | €481,443 | -€66,126 | -12.1% |
| Trade receivables | 40 | €528,248 | €471,307 | -€56,942 | -10.8% |
| Other amounts receivable | 41 | €19,321 | €10,136 | -€9,185 | -47.5% |
| Current investments | 50/53 | €190,000 | €170,000 | -€20,000 | -10.5% |
| Cash at bank and in hand | 54/58 | €122,861 | €156,372 | +€33,512 | +27.3% |
| Deferred charges and accrued income | 490/1 | €22,128 | €22,211 | +€82 | +0.4% |
| Total equity and liabilities | 10/49 | €1,086,260 | €975,323 | -€110,936 | -10.2% |
| Equity | 10/15 | €325,503 | €329,898 | +€4,395 | +1.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Other | 1109/19 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €187,779 | €187,779 | = | 0.0% |
| Distributable reserves | 133 | €187,779 | €187,779 | = | 0.0% |
| Profit (loss) carried forward | 14 | €113,416 | €119,240 | +€5,824 | +5.1% |
| Investment grants | 15 | €5,715 | €4,287 | -€1,429 | -25.0% |
| Amounts payable | 17/49 | €760,757 | €645,426 | -€115,332 | -15.2% |
| Amounts payable after more than one year | 17 | €103,758 | €66,995 | -€36,763 | -35.4% |
| Financial debts | 170/4 | €103,758 | €66,995 | -€36,763 | -35.4% |
| Amounts payable within one year | 42/48 | €656,999 | €578,431 | -€78,569 | -12.0% |
| Current portion of amounts payable after more than one year | 42 | €67,826 | €36,763 | -€31,063 | -45.8% |
| Financial debts | 43 | €40,267 | €40,294 | +€27 | +0.1% |
| Credit institutions | 430/8 | €40,267 | €40,294 | +€27 | +0.1% |
| Trade debts | 44 | €408,854 | €358,450 | -€50,404 | -12.3% |
| Suppliers | 440/4 | €408,854 | €358,450 | -€50,404 | -12.3% |
| Advances received on contracts in progress | 46 | €1,638 | €1,638 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €138,414 | €141,286 | +€2,872 | +2.1% |
| Taxes | 450/3 | €23,961 | €19,712 | -€4,248 | -17.7% |
| Remuneration and social security | 454/9 | €114,454 | €121,574 | +€7,120 | +6.2% |
| Non-recurring operating income | 76A | €24,489 | €16,345 | -€8,144 | -33.3% |
| Remuneration, social security and pensions | 62 | €842,143 | €750,054 | -€92,089 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €135,229 | €99,893 | -€35,336 | -26.1% |
| Other operating charges | 640/8 | €18,211 | €47,146 | +€28,935 | +158.9% |
| Non-recurring operating charges | 66A | €2,298 | - | -€2,298 | |
| Gross operating margin | 9900 | €860,200 | €912,666 | +€52,466 | +6.1% |
| Operating profit (loss) | 9901 | -€137,681 | €15,573 | +€153,255 | |
| Financial income | 75/76B | €4,473 | €3,159 | -€1,314 | -29.4% |
| Recurring financial income | 75 | €4,473 | €3,159 | -€1,314 | -29.4% |
| Financial charges | 65/66B | €13,971 | €12,908 | -€1,062 | -7.6% |
| Recurring financial charges | 65 | €13,971 | €12,908 | -€1,062 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | -€147,179 | €5,824 | +€153,003 | |
| Profit (loss) for the period | 9904 | -€147,179 | €5,824 | +€153,003 | |
| Profit (loss) for the period to be appropriated | 9905 | -€147,179 | €5,824 | +€153,003 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.