INTERCONNECTIS GROUP: 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.
INTERCONNECTIS GROUP
Largest movements
- Cash +€26,528
up €26,528 (+5657.2%), from €469 to €26,997
mainly Net result for the year (+€42,584) and Accrued charges and deferred income (+€11,646)
- Receivables within one year +€16,319
up €16,319 (+28.5%), from €57,319 to €73,638
of which Other amounts receivable: +€47,545
- Tangible fixed assets +€14,538
up €14,538 (+46.6%), from €31,169 to €45,708
of which Land and buildings: +€19,015
- Stocks and contracts -€11,249
down €11,249 (-27.0%), from €41,646 to €30,397
of which Stocks: -€8,971
- Reserves +€42,584
up €42,584 (+1703.4%), from €2,500 to €45,084
- Accrued charges and deferred income +€11,646
new in 2025: €11,646
- Short-term financial debts -€6,510
no longer reported in 2025 (was €6,510)
- Trade debts -€6,122
down €6,122 (-11.0%), from €55,844 to €49,722
- Current portion of long-term debt +€3,786
up €3,786 (+20.2%), from €18,749 to €22,535
- Gross operating margin +€43,892
up €43,892 (+139.4%), from €31,496 to €75,388
- Taxes +€20,063
up €20,063 (+868.0%), from €2,312 to €22,375
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 | €132,346 | €178,445 | +€46,099 | +34.8% |
| Fixed assets | 21/28 | €32,099 | €46,478 | +€14,378 | +44.8% |
| Intangible fixed assets | 21 | €640 | €480 | -€160 | -25.0% |
| Tangible fixed assets | 22/27 | €31,169 | €45,708 | +€14,538 | +46.6% |
| Land and buildings | 22 | €18,421 | €37,436 | +€19,015 | +103.2% |
| Plant, machinery and equipment | 23 | €12,586 | €8,225 | -€4,361 | -34.6% |
| Furniture and vehicles | 24 | €162 | €47 | -€116 | -71.3% |
| Financial fixed assets | 28 | €290 | €290 | = | 0.0% |
| Current assets | 29/58 | €100,247 | €131,968 | +€31,721 | +31.6% |
| Stocks and contracts in progress | 3 | €41,646 | €30,397 | -€11,249 | -27.0% |
| Stocks | 30/36 | €39,368 | €30,397 | -€8,971 | -22.8% |
| Contracts in progress | 37 | €2,279 | - | -€2,279 | |
| Amounts receivable within one year | 40/41 | €57,319 | €73,638 | +€16,319 | +28.5% |
| Trade receivables | 40 | €42,144 | €10,918 | -€31,226 | -74.1% |
| Other amounts receivable | 41 | €15,175 | €62,720 | +€47,545 | +313.3% |
| Cash at bank and in hand | 54/58 | €469 | €26,997 | +€26,528 | +5657.2% |
| Deferred charges and accrued income | 490/1 | €813 | €936 | +€123 | +15.2% |
| Total equity and liabilities | 10/49 | €132,346 | €178,445 | +€46,099 | +34.8% |
| Equity | 10/15 | €48,243 | €90,827 | +€42,584 | +88.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Outside capital | 11 | €25,000 | €25,000 | = | 0.0% |
| Other | 1109/19 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €45,084 | +€42,584 | +1703.4% |
| Distributable reserves | 133 | €2,500 | €45,084 | +€42,584 | +1703.4% |
| Profit (loss) carried forward | 14 | €20,743 | €20,743 | = | 0.0% |
| Amounts payable | 17/49 | €84,103 | €87,618 | +€3,515 | +4.2% |
| Amounts payable within one year | 42/48 | €84,103 | €75,972 | -€8,132 | -9.7% |
| Current portion of amounts payable after more than one year | 42 | €18,749 | €22,535 | +€3,786 | +20.2% |
| Financial debts | 43 | €6,510 | - | -€6,510 | |
| Credit institutions | 430/8 | €6,510 | - | -€6,510 | |
| Trade debts | 44 | €55,844 | €49,722 | -€6,122 | -11.0% |
| Suppliers | 440/4 | €55,844 | €49,722 | -€6,122 | -11.0% |
| Taxes, remuneration and social security | 45 | €195 | €77 | -€118 | -60.6% |
| Taxes | 450/3 | €118 | - | -€118 | |
| Remuneration and social security | 454/9 | €77 | €77 | = | 0.0% |
| Other amounts payable | 47/48 | €2,805 | €3,637 | +€833 | +29.7% |
| Accrued charges and deferred income | 492/3 | - | €11,646 | +€11,646 | |
| Non-recurring operating income | 76A | €9,078 | - | -€9,078 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,043 | €7,551 | +€509 | +7.2% |
| Other operating charges | 640/8 | €1,873 | €1,236 | -€637 | -34.0% |
| Non-recurring operating charges | 66A | €14,917 | - | -€14,917 | |
| Gross operating margin | 9900 | €31,496 | €75,388 | +€43,892 | +139.4% |
| Operating profit (loss) | 9901 | €7,663 | €66,601 | +€58,938 | +769.2% |
| Financial income | 75/76B | €144 | €63 | -€81 | -56.3% |
| Recurring financial income | 75 | €144 | €63 | -€81 | -56.3% |
| Financial charges | 65/66B | €1,889 | €1,705 | -€185 | -9.8% |
| Recurring financial charges | 65 | €1,889 | €1,705 | -€185 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €5,917 | €64,959 | +€59,042 | +997.8% |
| Income taxes | 67/77 | €2,312 | €22,375 | +€20,063 | +868.0% |
| Profit (loss) for the period | 9904 | €3,606 | €42,584 | +€38,979 | +1081.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,606 | €42,584 | +€38,979 | +1081.0% |
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.