INTERTAX B.V.: 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.
INTERTAX B.V.
Largest movements
- Receivables within one year -€44,811
down €44,811 (-2.2%), from €2.0m to €2.0m
of which Trade receivables: -€33,744
- Debts after one year -€100,000
down €100,000 (-15.4%), from €650,000 to €550,000
- Profit (loss) carried forward +€93,326
up €93,326 (+7.3%), from €1.3m to €1.4m
- Advances received -€21,955
down €21,955 (-100%), from €21,955 to €0
- Financial charges -€12,845
down €12,845 (-40.5%), from €31,716 to €18,871
of which Financial charges: -€9,263
- Gross operating margin +€12,079
up €12,079 (+41.3%), from €29,259 to €41,337
- Financial income +€2,351
up €2,351 (+3.1%), from €75,016 to €77,367
- Depreciation +€1,598
up €1,598 (+66.4%), from €2,408 to €4,007
- Taxes +€436
up €436 (+56.6%), from €770 to €1,206
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 | €2,134,434 | €2,081,834 | -€52,601 | -2.5% |
| Fixed assets | 21/28 | €34,001 | €29,994 | -€4,007 | -11.8% |
| Tangible fixed assets | 22/27 | €17,625 | €13,619 | -€4,007 | -22.7% |
| Land and buildings | 22 | €0 | - | = | |
| Furniture and vehicles | 24 | €17,625 | €13,619 | -€4,007 | -22.7% |
| Financial fixed assets | 28 | €16,376 | €16,376 | = | 0.0% |
| Current assets | 29/58 | €2,100,433 | €2,051,839 | -€48,594 | -2.3% |
| Amounts receivable within one year | 40/41 | €2,013,516 | €1,968,705 | -€44,811 | -2.2% |
| Trade receivables | 40 | €33,744 | €0 | -€33,744 | -100% |
| Other amounts receivable | 41 | €1,979,771 | €1,968,705 | -€11,067 | -0.6% |
| Cash at bank and in hand | 54/58 | €11,918 | €5,768 | -€6,150 | -51.6% |
| Deferred charges and accrued income | 490/1 | €75,000 | €77,367 | +€2,367 | +3.2% |
| Total equity and liabilities | 10/49 | €2,134,434 | €2,081,834 | -€52,601 | -2.5% |
| Equity | 10/15 | €1,305,490 | €1,398,816 | +€93,326 | +7.1% |
| Contributions | 10/11 | €18,151 | €18,151 | = | 0.0% |
| Reserves | 13 | €4,538 | €4,538 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,538 | €4,538 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,538 | €0 | -€4,538 | -100% |
| Other | 1319 | - | €4,538 | +€4,538 | |
| Profit (loss) carried forward | 14 | €1,282,801 | €1,376,127 | +€93,326 | +7.3% |
| Amounts payable | 17/49 | €828,944 | €683,017 | -€145,927 | -17.6% |
| Amounts payable after more than one year | 17 | €650,000 | €550,000 | -€100,000 | -15.4% |
| Financial debts | 170/4 | €650,000 | €550,000 | -€100,000 | -15.4% |
| Amounts payable within one year | 42/48 | €178,944 | €133,017 | -€45,927 | -25.7% |
| Current portion of amounts payable after more than one year | 42 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €19,159 | €148 | -€19,011 | -99.2% |
| Suppliers | 440/4 | €19,159 | €148 | -€19,011 | -99.2% |
| Advances received on contracts in progress | 46 | €21,955 | €0 | -€21,955 | -100% |
| Taxes, remuneration and social security | 45 | €2,444 | €3,302 | +€858 | +35.1% |
| Taxes | 450/3 | €2,444 | €3,302 | +€858 | +35.1% |
| Other amounts payable | 47/48 | €35,387 | €29,568 | -€5,819 | -16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,408 | €4,007 | +€1,598 | +66.4% |
| Other operating charges | 640/8 | €1,147 | €1,294 | +€148 | +12.9% |
| Non-recurring operating charges | 66A | €76,962 | €0 | -€76,962 | -100% |
| Gross operating margin | 9900 | €29,259 | €41,337 | +€12,079 | +41.3% |
| Operating profit (loss) | 9901 | -€51,258 | €36,036 | +€87,295 | |
| Financial income | 75/76B | €75,016 | €77,367 | +€2,351 | +3.1% |
| Recurring financial income | 75 | €75,016 | €77,367 | +€2,351 | +3.1% |
| Financial charges | 65/66B | €31,716 | €18,871 | -€12,845 | -40.5% |
| Recurring financial charges | 65 | €28,134 | €18,871 | -€9,263 | -32.9% |
| Non-recurring financial charges | 66B | €3,582 | €0 | -€3,582 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€7,958 | €94,532 | +€102,491 | |
| Income taxes | 67/77 | €770 | €1,206 | +€436 | +56.6% |
| Profit (loss) for the period | 9904 | -€8,729 | €93,326 | +€102,055 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,729 | €93,326 | +€102,055 |
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 26 October 2026 via checked.be.