INTERSEKT: 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.
INTERSEKT
Largest movements
- Current investments +€200,178
new in 2025: €200,178
- Cash -€99,501
down €99,501 (-79.5%), from €125,234 to €25,734
mainly Current investments (-€200,178) and Receivables within one year (-€10,108)
- Receivables within one year +€10,108
up €10,108 (+113.9%), from €8,875 to €18,983
of which Trade receivables: +€5,376
- Profit (loss) carried forward +€111,143
new in 2025: €111,143
- Taxes -€8,921
down €8,921 (-22.1%), from €40,302 to €31,382
- Gross operating margin +€3,815
up €3,815 (+2.7%), from €140,696 to €144,511
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 | €137,397 | €248,013 | +€110,616 | +80.5% |
| Fixed assets | 21/28 | €3,287 | €3,119 | -€168 | -5.1% |
| Tangible fixed assets | 22/27 | €3,287 | €3,119 | -€168 | -5.1% |
| Furniture and vehicles | 24 | €3,287 | €3,119 | -€168 | -5.1% |
| Current assets | 29/58 | €134,110 | €244,895 | +€110,785 | +82.6% |
| Amounts receivable within one year | 40/41 | €8,875 | €18,983 | +€10,108 | +113.9% |
| Trade receivables | 40 | €8,875 | €14,251 | +€5,376 | +60.6% |
| Other amounts receivable | 41 | - | €4,732 | +€4,732 | |
| Current investments | 50/53 | - | €200,178 | +€200,178 | |
| Cash at bank and in hand | 54/58 | €125,234 | €25,734 | -€99,501 | -79.5% |
| Total equity and liabilities | 10/49 | €137,397 | €248,013 | +€110,616 | +80.5% |
| Equity | 10/15 | €101,371 | €212,514 | +€111,143 | +109.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €98,371 | €98,371 | = | 0.0% |
| Distributable reserves | 133 | €98,371 | €98,371 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €111,143 | +€111,143 | |
| Amounts payable | 17/49 | €36,026 | €35,499 | -€527 | -1.5% |
| Amounts payable within one year | 42/48 | €36,026 | €35,499 | -€527 | -1.5% |
| Trade debts | 44 | €259 | €200 | -€59 | -22.8% |
| Suppliers | 440/4 | €259 | €200 | -€59 | -22.8% |
| Taxes, remuneration and social security | 45 | €33,311 | €34,214 | +€903 | +2.7% |
| Taxes | 450/3 | €33,311 | €34,214 | +€903 | +2.7% |
| Other amounts payable | 47/48 | €2,456 | €1,086 | -€1,371 | -55.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €710 | €1,384 | +€675 | +95.1% |
| Other operating charges | 640/8 | €606 | €123 | -€483 | -79.7% |
| Gross operating margin | 9900 | €140,696 | €144,511 | +€3,815 | +2.7% |
| Operating profit (loss) | 9901 | €139,380 | €143,004 | +€3,624 | +2.6% |
| Financial income | 75/76B | €170 | €583 | +€413 | +242.4% |
| Recurring financial income | 75 | €170 | €583 | +€413 | +242.4% |
| Financial charges | 65/66B | €19 | €229 | +€210 | +1118.7% |
| Recurring financial charges | 65 | €19 | €229 | +€210 | +1118.7% |
| Profit (loss) for the period before taxes | 9903 | €139,532 | €143,358 | +€3,826 | +2.7% |
| Income taxes | 67/77 | €40,302 | €31,382 | -€8,921 | -22.1% |
| Profit (loss) for the period | 9904 | €99,230 | €111,976 | +€12,747 | +12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €99,230 | €111,976 | +€12,747 | +12.8% |
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 30 September 2026 via checked.be.