INTESO GROUP: 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.
INTESO GROUP
Largest movements
- Cash -€122,648
down €122,648 (-80.4%), from €152,578 to €29,930
mainly Debts after one year (-€86,000) and Net result for the year (-€70,029)
- Intangible fixed assets -€29,631
down €29,631 (-20.9%), from €141,522 to €111,891
- Deferred charges and accrued income -€11,170
down €11,170 (-52.5%), from €21,267 to €10,097
- Receivables within one year +€9,774
up €9,774 (+16.9%), from €57,943 to €67,717
of which Trade receivables: +€12,315
- Financial fixed assets -€6,000
down €6,000 (-50.6%), from €11,850 to €5,850
- Debts after one year -€86,000
down €86,000 (-37.9%), from €227,015 to €141,015
- Profit (loss) carried forward -€70,029
down €70,029 (-9.3%), from -€752,760 to -€822,788
- Tax, wage and social debts -€39,093
down €39,093 (-75.7%), from €51,642 to €12,548
of which Taxes: -€37,603
- Accrued charges and deferred income +€25,600
up €25,600 (+14.0%), from €182,824 to €208,425
- Trade debts +€18,730
up €18,730 (+59.8%), from €31,307 to €50,037
- Gross operating margin -€46,207
down €46,207 (-22.1%), from €209,326 to €163,119
- Staff costs -€32,327
down €32,327 (-21.0%), from €154,236 to €121,909
- Depreciation +€11,655
up €11,655 (+15.1%), from €77,026 to €88,681
- Financial charges +€4,630
up €4,630 (+29.4%), from €15,745 to €20,375
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 | €387,072 | €225,778 | -€161,294 | -41.7% |
| Fixed assets | 21/28 | €155,284 | €118,034 | -€37,250 | -24.0% |
| Intangible fixed assets | 21 | €141,522 | €111,891 | -€29,631 | -20.9% |
| Tangible fixed assets | 22/27 | €1,912 | €293 | -€1,619 | -84.7% |
| Plant, machinery and equipment | 23 | €1,912 | €293 | -€1,619 | -84.7% |
| Financial fixed assets | 28 | €11,850 | €5,850 | -€6,000 | -50.6% |
| Current assets | 29/58 | €231,788 | €107,744 | -€124,044 | -53.5% |
| Amounts receivable within one year | 40/41 | €57,943 | €67,717 | +€9,774 | +16.9% |
| Trade receivables | 40 | €55,110 | €67,426 | +€12,315 | +22.3% |
| Other amounts receivable | 41 | €2,833 | €291 | -€2,541 | -89.7% |
| Cash at bank and in hand | 54/58 | €152,578 | €29,930 | -€122,648 | -80.4% |
| Deferred charges and accrued income | 490/1 | €21,267 | €10,097 | -€11,170 | -52.5% |
| Total equity and liabilities | 10/49 | €387,072 | €225,778 | -€161,294 | -41.7% |
| Equity | 10/15 | -€234,760 | -€304,788 | -€70,029 | -29.8% |
| Contributions | 10/11 | €518,000 | €518,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€752,760 | -€822,788 | -€70,029 | -9.3% |
| Amounts payable | 17/49 | €621,831 | €530,566 | -€91,265 | -14.7% |
| Amounts payable after more than one year | 17 | €227,015 | €141,015 | -€86,000 | -37.9% |
| Financial debts | 170/4 | €227,015 | €141,015 | -€86,000 | -37.9% |
| Amounts payable within one year | 42/48 | €211,992 | €181,126 | -€30,866 | -14.6% |
| Current portion of amounts payable after more than one year | 42 | €98,571 | €86,000 | -€12,571 | -12.8% |
| Trade debts | 44 | €31,307 | €50,037 | +€18,730 | +59.8% |
| Suppliers | 440/4 | €31,307 | €50,037 | +€18,730 | +59.8% |
| Advances received on contracts in progress | 46 | €2,424 | €0 | -€2,424 | -100% |
| Taxes, remuneration and social security | 45 | €51,642 | €12,548 | -€39,093 | -75.7% |
| Taxes | 450/3 | €43,979 | €6,376 | -€37,603 | -85.5% |
| Remuneration and social security | 454/9 | €7,663 | €6,173 | -€1,490 | -19.4% |
| Other amounts payable | 47/48 | €28,048 | €32,541 | +€4,493 | +16.0% |
| Accrued charges and deferred income | 492/3 | €182,824 | €208,425 | +€25,600 | +14.0% |
| Remuneration, social security and pensions | 62 | €154,236 | €121,909 | -€32,327 | -21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,026 | €88,681 | +€11,655 | +15.1% |
| Other operating charges | 640/8 | €615 | €1,983 | +€1,368 | +223% |
| Gross operating margin | 9900 | €209,326 | €163,119 | -€46,207 | -22.1% |
| Operating profit (loss) | 9901 | -€22,551 | -€49,454 | -€26,903 | -119% |
| Financial income | 75/76B | €402 | €336 | -€66 | -16.4% |
| Recurring financial income | 75 | €402 | €336 | -€66 | -16.4% |
| Financial charges | 65/66B | €15,745 | €20,375 | +€4,630 | +29.4% |
| Recurring financial charges | 65 | €15,745 | €20,375 | +€4,630 | +29.4% |
| Profit (loss) for the period before taxes | 9903 | -€37,894 | -€69,493 | -€31,599 | -83.4% |
| Income taxes | 67/77 | €34 | €536 | +€502 | +1,495% |
| Profit (loss) for the period | 9904 | -€37,927 | -€70,029 | -€32,101 | -84.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,927 | -€70,029 | -€32,101 | -84.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.