IntFac: what changed
Two fiscal 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.
IntFac
Largest movements
- Tangible fixed assets -€5,445
down €5,445 (-1.4%), from €381,484 to €376,039
of which Land and buildings: -€10,270
- Receivables within one year +€5,240
up €5,240 (+240.6%), from €2,178 to €7,418
of which Other amounts receivable: +€7,418
- Reserves +€18,207
up €18,207 (+10.3%), from €177,218 to €195,425
- Debts after one year -€16,430
down €16,430 (-6.2%), from €262,952 to €246,522
- Other debts +€5,478
up €5,478 (+14.5%), from €37,747 to €43,225
- Gross operating margin -€24,182
down €24,182 (-30.3%), from €79,899 to €55,717
- Taxes -€7,894
down €7,894 (-47.1%), from €16,769 to €8,875
- Depreciation +€1,297
up €1,297 (+12.1%), from €10,723 to €12,021
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 | €507,317 | €509,540 | +€2,222 | +0.4% |
| Fixed assets | 21/28 | €381,484 | €376,039 | -€5,445 | -1.4% |
| Tangible fixed assets | 22/27 | €381,484 | €376,039 | -€5,445 | -1.4% |
| Land and buildings | 22 | €380,610 | €370,340 | -€10,270 | -2.7% |
| Furniture and vehicles | 24 | €874 | €5,699 | +€4,825 | +552.0% |
| Current assets | 29/58 | €125,834 | €133,501 | +€7,667 | +6.1% |
| Amounts receivable within one year | 40/41 | €2,178 | €7,418 | +€5,240 | +240.6% |
| Trade receivables | 40 | €2,178 | €0 | -€2,178 | -100.0% |
| Other amounts receivable | 41 | €0 | €7,418 | +€7,418 | |
| Cash at bank and in hand | 54/58 | €120,910 | €124,807 | +€3,897 | +3.2% |
| Deferred charges and accrued income | 490/1 | €2,746 | €1,276 | -€1,471 | -53.5% |
| Total equity and liabilities | 10/49 | €507,317 | €509,540 | +€2,222 | +0.4% |
| Equity | 10/15 | €179,718 | €197,925 | +€18,207 | +10.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €177,218 | €195,425 | +€18,207 | +10.3% |
| Distributable reserves | 133 | €177,218 | €195,425 | +€18,207 | +10.3% |
| Amounts payable | 17/49 | €327,599 | €311,615 | -€15,984 | -4.9% |
| Amounts payable after more than one year | 17 | €262,952 | €246,522 | -€16,430 | -6.2% |
| Financial debts | 170/4 | €262,952 | €246,522 | -€16,430 | -6.2% |
| Amounts payable within one year | 42/48 | €62,111 | €62,421 | +€310 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €15,789 | €16,430 | +€641 | +4.1% |
| Trade debts | 44 | €3,613 | €996 | -€2,616 | -72.4% |
| Suppliers | 440/4 | €3,613 | €996 | -€2,616 | -72.4% |
| Taxes, remuneration and social security | 45 | €4,962 | €1,769 | -€3,192 | -64.3% |
| Taxes | 450/3 | €4,962 | €1,769 | -€3,192 | -64.3% |
| Other amounts payable | 47/48 | €37,747 | €43,225 | +€5,478 | +14.5% |
| Accrued charges and deferred income | 492/3 | €2,536 | €2,672 | +€136 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,723 | €12,021 | +€1,297 | +12.1% |
| Other operating charges | 640/8 | €2,847 | €2,920 | +€73 | +2.6% |
| Gross operating margin | 9900 | €79,899 | €55,717 | -€24,182 | -30.3% |
| Operating profit (loss) | 9901 | €66,329 | €40,776 | -€25,552 | -38.5% |
| Financial income | 75/76B | €5 | €0 | -€5 | -100.0% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -100.0% |
| Financial charges | 65/66B | €14,304 | €13,695 | -€609 | -4.3% |
| Recurring financial charges | 65 | €14,304 | €13,695 | -€609 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €52,029 | €27,082 | -€24,948 | -47.9% |
| Income taxes | 67/77 | €16,769 | €8,875 | -€7,894 | -47.1% |
| Profit (loss) for the period | 9904 | €35,260 | €18,207 | -€17,054 | -48.4% |
| Profit (loss) for the period to be appropriated | 9905 | €35,260 | €18,207 | -€17,054 | -48.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.