INTERTRITAX: 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.
INTERTRITAX
Largest movements
- Tangible fixed assets -€16,736
down €16,736 (-26.0%), from €64,382 to €47,646
- Cash +€4,782
up €4,782 (+44.4%), from €10,781 to €15,563
mainly Depreciation (+€16,736) and Net result for the year (+€6,766)
- Receivables within one year -€4,677
down €4,677 (-8.7%), from €53,499 to €48,822
of which Trade receivables: -€4,988
- Other debts -€20,223
down €20,223 (-29.4%), from €68,903 to €48,680
- Profit (loss) carried forward +€6,766
up €6,766 (+33.0%), from -€20,511 to -€13,745
- Debts after one year -€5,494
down €5,494 (-43.0%), from €12,773 to €7,278
- Trade debts +€1,897
up €1,897 (+3.4%), from €55,287 to €57,184
- Gross operating margin +€13,971
up €13,971 (+127%), from €10,998 to €24,969
- Taxes -€13,541
down €13,541, from €11,914 to -€1,627
- Depreciation +€9,134
up €9,134 (+120%), from €7,602 to €16,736
- Other operating charges -€5,344
down €5,344 (-70.5%), from €7,578 to €2,234
- Financial charges -€725
down €725 (-45.7%), from €1,586 to €861
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 | €128,868 | €112,238 | -€16,630 | -12.9% |
| Fixed assets | 21/28 | €64,588 | €47,852 | -€16,736 | -25.9% |
| Tangible fixed assets | 22/27 | €64,382 | €47,646 | -€16,736 | -26.0% |
| Furniture and vehicles | 24 | €64,382 | €47,646 | -€16,736 | -26.0% |
| Financial fixed assets | 28 | €206 | €206 | = | 0.0% |
| Current assets | 29/58 | €64,280 | €64,385 | +€105 | +0.2% |
| Amounts receivable within one year | 40/41 | €53,499 | €48,822 | -€4,677 | -8.7% |
| Trade receivables | 40 | €44,576 | €39,588 | -€4,988 | -11.2% |
| Other amounts receivable | 41 | €8,923 | €9,234 | +€310 | +3.5% |
| Cash at bank and in hand | 54/58 | €10,781 | €15,563 | +€4,782 | +44.4% |
| Total equity and liabilities | 10/49 | €128,868 | €112,238 | -€16,630 | -12.9% |
| Equity | 10/15 | -€14,313 | -€7,548 | +€6,766 | +47.3% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,511 | -€13,745 | +€6,766 | +33.0% |
| Amounts payable | 17/49 | €143,181 | €119,785 | -€23,396 | -16.3% |
| Amounts payable after more than one year | 17 | €12,773 | €7,278 | -€5,494 | -43.0% |
| Financial debts | 170/4 | €12,773 | €7,278 | -€5,494 | -43.0% |
| Amounts payable within one year | 42/48 | €130,409 | €112,507 | -€17,902 | -13.7% |
| Current portion of amounts payable after more than one year | 42 | €5,218 | €5,494 | +€276 | +5.3% |
| Trade debts | 44 | €55,287 | €57,184 | +€1,897 | +3.4% |
| Suppliers | 440/4 | €55,287 | €57,184 | +€1,897 | +3.4% |
| Taxes, remuneration and social security | 45 | €1,000 | €1,149 | +€149 | +14.9% |
| Taxes | 450/3 | - | €149 | +€149 | |
| Remuneration and social security | 454/9 | €1,000 | €1,000 | = | 0.0% |
| Other amounts payable | 47/48 | €68,903 | €48,680 | -€20,223 | -29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,602 | €16,736 | +€9,134 | +120% |
| Other operating charges | 640/8 | €7,578 | €2,234 | -€5,344 | -70.5% |
| Gross operating margin | 9900 | €10,998 | €24,969 | +€13,971 | +127% |
| Operating profit (loss) | 9901 | -€4,182 | €6,000 | +€10,181 | |
| Financial charges | 65/66B | €1,586 | €861 | -€725 | -45.7% |
| Recurring financial charges | 65 | €1,586 | €861 | -€725 | -45.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,768 | €5,139 | +€10,906 | |
| Income taxes | 67/77 | €11,914 | -€1,627 | -€13,541 | |
| Profit (loss) for the period | 9904 | -€17,681 | €6,766 | +€24,447 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,681 | €6,766 | +€24,447 |
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 14 October 2026 via checked.be.