INTERTECHNICS: 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.
INTERTECHNICS
Largest movements
- Receivables within one year +€78,403
up €78,403 (+215%), from €36,400 to €114,803
of which Trade receivables: +€78,403
- Cash -€8,100
down €8,100 (-6.4%), from €126,295 to €118,195
mainly Receivables within one year (-€78,403)
- Reserves +€51,544
up €51,544 (+36.3%), from €141,867 to €193,411
of which Distributable reserves: +€51,544
- Tax, wage and social debts +€7,718
up €7,718 (+172%), from €4,492 to €12,210
- Trade debts +€4,950
up €4,950 (+181%), from €2,728 to €7,679
- Other debts +€4,800
up €4,800 (+57.3%), from €8,380 to €13,180
- Gross operating margin -€58,315
down €58,315 (-45.0%), from €129,634 to €71,320
- Taxes -€13,583
down €13,583 (-42.5%), from €31,988 to €18,406
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 | €162,695 | €232,998 | +€70,303 | +43.2% |
| Current assets | 29/58 | €162,695 | €232,998 | +€70,303 | +43.2% |
| Amounts receivable within one year | 40/41 | €36,400 | €114,803 | +€78,403 | +215% |
| Trade receivables | 40 | €28,079 | €106,483 | +€78,403 | +279% |
| Other amounts receivable | 41 | €8,321 | €8,321 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €126,295 | €118,195 | -€8,100 | -6.4% |
| Total equity and liabilities | 10/49 | €162,695 | €232,998 | +€70,303 | +43.2% |
| Equity | 10/15 | €146,867 | €198,411 | +€51,544 | +35.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €141,867 | €193,411 | +€51,544 | +36.3% |
| Tax-exempt reserves | 132 | €63,150 | €63,150 | = | 0.0% |
| Distributable reserves | 133 | €78,717 | €130,261 | +€51,544 | +65.5% |
| Amounts payable | 17/49 | €15,829 | €34,588 | +€18,759 | +119% |
| Amounts payable within one year | 42/48 | €15,601 | €33,069 | +€17,468 | +112% |
| Trade debts | 44 | €2,728 | €7,679 | +€4,950 | +181% |
| Suppliers | 440/4 | €2,728 | €7,679 | +€4,950 | +181% |
| Taxes, remuneration and social security | 45 | €4,492 | €12,210 | +€7,718 | +172% |
| Taxes | 450/3 | €4,492 | €12,210 | +€7,718 | +172% |
| Other amounts payable | 47/48 | €8,380 | €13,180 | +€4,800 | +57.3% |
| Accrued charges and deferred income | 492/3 | €228 | €1,519 | +€1,291 | +567% |
| Other operating charges | 640/8 | €573 | €528 | -€45 | -7.9% |
| Gross operating margin | 9900 | €129,634 | €71,320 | -€58,315 | -45.0% |
| Operating profit (loss) | 9901 | €129,061 | €70,792 | -€58,269 | -45.1% |
| Financial income | 75/76B | €478 | €0 | -€478 | -100% |
| Recurring financial income | 75 | €478 | €0 | -€478 | -100% |
| Financial charges | 65/66B | €53 | €842 | +€790 | +1,504% |
| Recurring financial charges | 65 | €53 | €842 | +€790 | +1,504% |
| Profit (loss) for the period before taxes | 9903 | €129,486 | €69,949 | -€59,537 | -46.0% |
| Income taxes | 67/77 | €31,988 | €18,406 | -€13,583 | -42.5% |
| Profit (loss) for the period | 9904 | €97,498 | €51,544 | -€45,954 | -47.1% |
| Transfer to tax-exempt reserves | 689 | €63,150 | €0 | -€63,150 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €34,348 | €51,544 | +€17,196 | +50.1% |
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 13 October 2026 via checked.be.