INTEX: 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.
INTEX
Largest movements
- Tangible fixed assets -€65,053
down €65,053 (-24.6%), from €264,549 to €199,497
of which Plant, machinery and equipment: -€34,291
- Cash +€9,832
up €9,832 (+10.2%), from €96,065 to €105,897
mainly Depreciation (+€67,309) and Net result for the year (+€14,652)
- Receivables within one year +€6,544
up €6,544 (+77.6%), from €8,434 to €14,978
of which Other amounts receivable: +€3,361
- Stocks and contracts +€4,239
up €4,239 (+19.1%), from €22,242 to €26,480
of which Contracts in progress: +€3,484
- Debts after one year -€43,193
down €43,193 (-51.7%), from €83,561 to €40,368
- Other debts -€21,842
down €21,842 (-50.4%), from €43,328 to €21,485
- Reserves +€14,652
up €14,652 (+7.8%), from €188,796 to €203,448
of which Distributable reserves: +€14,652
- Trade debts +€13,799
up €13,799 (+102.8%), from €13,418 to €27,217
- Tax, wage and social debts -€4,342
down €4,342 (-66.5%), from €6,533 to €2,192
of which Taxes: -€4,381
- Gross operating margin -€63,838
down €63,838 (-29.2%), from €218,774 to €154,937
- Taxes -€22,450
down €22,450 (-72.4%), from €31,001 to €8,552
- Depreciation +€9,942
up €9,942 (+17.3%), from €57,367 to €67,309
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.
Cash bridge derived
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 | €401,620 | €356,496 | -€45,124 | -11.2% |
| Fixed assets | 21/28 | €264,549 | €199,497 | -€65,053 | -24.6% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €264,549 | €199,497 | -€65,053 | -24.6% |
| Land and buildings | 22 | €85,332 | €76,254 | -€9,078 | -10.6% |
| Plant, machinery and equipment | 23 | €107,150 | €72,860 | -€34,291 | -32.0% |
| Furniture and vehicles | 24 | €31,998 | €24,086 | -€7,913 | -24.7% |
| Leasing and similar rights | 25 | €40,068 | €26,297 | -€13,771 | -34.4% |
| Current assets | 29/58 | €137,071 | €157,000 | +€19,928 | +14.5% |
| Stocks and contracts in progress | 3 | €22,242 | €26,480 | +€4,239 | +19.1% |
| Stocks | 30/36 | €10,725 | €11,480 | +€755 | +7.0% |
| Contracts in progress | 37 | €11,517 | €15,000 | +€3,484 | +30.2% |
| Amounts receivable within one year | 40/41 | €8,434 | €14,978 | +€6,544 | +77.6% |
| Trade receivables | 40 | €173 | €3,356 | +€3,183 | +1840.8% |
| Other amounts receivable | 41 | €8,261 | €11,622 | +€3,361 | +40.7% |
| Cash at bank and in hand | 54/58 | €96,065 | €105,897 | +€9,832 | +10.2% |
| Deferred charges and accrued income | 490/1 | €10,330 | €9,644 | -€686 | -6.6% |
| Total equity and liabilities | 10/49 | €401,620 | €356,496 | -€45,124 | -11.2% |
| Equity | 10/15 | €207,388 | €222,040 | +€14,652 | +7.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €188,796 | €203,448 | +€14,652 | +7.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €25,800 | €25,800 | = | 0.0% |
| Distributable reserves | 133 | €162,996 | €177,648 | +€14,652 | +9.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €194,232 | €134,456 | -€59,776 | -30.8% |
| Amounts payable after more than one year | 17 | €83,561 | €40,368 | -€43,193 | -51.7% |
| Financial debts | 170/4 | €83,561 | €40,368 | -€43,193 | -51.7% |
| Amounts payable within one year | 42/48 | €110,671 | €94,088 | -€16,583 | -15.0% |
| Current portion of amounts payable after more than one year | 42 | €47,391 | €43,193 | -€4,198 | -8.9% |
| Trade debts | 44 | €13,418 | €27,217 | +€13,799 | +102.8% |
| Suppliers | 440/4 | €13,418 | €27,217 | +€13,799 | +102.8% |
| Taxes, remuneration and social security | 45 | €6,533 | €2,192 | -€4,342 | -66.5% |
| Taxes | 450/3 | €5,209 | €828 | -€4,381 | -84.1% |
| Remuneration and social security | 454/9 | €1,325 | €1,364 | +€40 | +3.0% |
| Other amounts payable | 47/48 | €43,328 | €21,485 | -€21,842 | -50.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €6,198 | €0 | -€6,198 | -100.0% |
| Remuneration, social security and pensions | 62 | €51,161 | €52,875 | +€1,714 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,367 | €67,309 | +€9,942 | +17.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €8,661 | €7,817 | -€844 | -9.7% |
| Gross operating margin | 9900 | €218,774 | €154,937 | -€63,838 | -29.2% |
| Operating profit (loss) | 9901 | €101,585 | €26,936 | -€74,649 | -73.5% |
| Financial income | 75/76B | €877 | €0 | -€877 | -100.0% |
| Recurring financial income | 75 | €877 | €0 | -€877 | -100.0% |
| Financial charges | 65/66B | €3,642 | €3,733 | +€91 | +2.5% |
| Recurring financial charges | 65 | €3,642 | €3,733 | +€91 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €98,821 | €23,204 | -€75,617 | -76.5% |
| Income taxes | 67/77 | €31,001 | €8,552 | -€22,450 | -72.4% |
| Profit (loss) for the period | 9904 | €67,819 | €14,652 | -€53,167 | -78.4% |
| Profit (loss) for the period to be appropriated | 9905 | €67,819 | €14,652 | -€53,167 | -78.4% |
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 12 October 2026 via checked.be.