INTERTRACON: 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.
INTERTRACON
Largest movements
- Cash -€52,614
down €52,614 (-44.9%), from €117,232 to €64,618
mainly Other debts (-€44,329) and Receivables within one year (-€18,036)
- Receivables within one year +€18,036
up €18,036 (+96.9%), from €18,610 to €36,645
of which Trade receivables: +€16,423
- Other debts -€44,329
down €44,329 (-72.5%), from €61,165 to €16,836
- Reserves +€14,850
up €14,850 (+34.6%), from €42,915 to €57,766
- Tax, wage and social debts -€2,604
down €2,604 (-15.1%), from €17,268 to €14,664
- Gross operating margin -€63,812
down €63,812 (-57.8%), from €110,441 to €46,629
- Taxes -€4,997
down €4,997 (-32.7%), from €15,291 to €10,293
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 | €145,376 | €112,582 | -€32,794 | -22.6% |
| Fixed assets | 21/28 | €3,510 | €4,953 | +€1,444 | +41.1% |
| Tangible fixed assets | 22/27 | €1,460 | €2,903 | +€1,444 | +98.9% |
| Furniture and vehicles | 24 | €1,460 | €2,903 | +€1,444 | +98.9% |
| Financial fixed assets | 28 | €2,050 | €2,050 | = | 0.0% |
| Current assets | 29/58 | €141,866 | €107,629 | -€34,238 | -24.1% |
| Amounts receivable within one year | 40/41 | €18,610 | €36,645 | +€18,036 | +96.9% |
| Trade receivables | 40 | €18,515 | €34,939 | +€16,423 | +88.7% |
| Other amounts receivable | 41 | €94 | €1,707 | +€1,613 | +1,713% |
| Cash at bank and in hand | 54/58 | €117,232 | €64,618 | -€52,614 | -44.9% |
| Deferred charges and accrued income | 490/1 | €6,025 | €6,365 | +€340 | +5.6% |
| Total equity and liabilities | 10/49 | €145,376 | €112,582 | -€32,794 | -22.6% |
| Equity | 10/15 | €62,915 | €77,766 | +€14,850 | +23.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €42,915 | €57,766 | +€14,850 | +34.6% |
| Distributable reserves | 133 | €42,915 | €57,766 | +€14,850 | +34.6% |
| Amounts payable | 17/49 | €82,460 | €34,816 | -€47,644 | -57.8% |
| Amounts payable within one year | 42/48 | €81,563 | €34,400 | -€47,163 | -57.8% |
| Trade debts | 44 | €3,130 | €2,900 | -€230 | -7.4% |
| Suppliers | 440/4 | €3,130 | €2,900 | -€230 | -7.4% |
| Taxes, remuneration and social security | 45 | €17,268 | €14,664 | -€2,604 | -15.1% |
| Taxes | 450/3 | €17,268 | €14,664 | -€2,604 | -15.1% |
| Other amounts payable | 47/48 | €61,165 | €16,836 | -€44,329 | -72.5% |
| Accrued charges and deferred income | 492/3 | €897 | €416 | -€481 | -53.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €529 | €635 | +€106 | +20.0% |
| Other operating charges | 640/8 | €1,904 | €996 | -€908 | -47.7% |
| Gross operating margin | 9900 | €110,441 | €46,629 | -€63,812 | -57.8% |
| Operating profit (loss) | 9901 | €108,008 | €44,998 | -€63,010 | -58.3% |
| Financial income | 75/76B | €1 | €0 | -€1 | -99.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -99.0% |
| Financial charges | 65/66B | €4,399 | €3,520 | -€879 | -20.0% |
| Recurring financial charges | 65 | €4,399 | €3,520 | -€879 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | €103,610 | €41,479 | -€62,132 | -60.0% |
| Income taxes | 67/77 | €15,291 | €10,293 | -€4,997 | -32.7% |
| Profit (loss) for the period | 9904 | €88,320 | €31,185 | -€57,135 | -64.7% |
| Profit (loss) for the period to be appropriated | 9905 | €88,320 | €31,185 | -€57,135 | -64.7% |
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 24 October 2026 via checked.be.