INTI: 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.
INTI
Largest movements
- Cash -€20,727
down €20,727 (-46.1%), from €44,956 to €24,229
- Receivables within one year +€2,110
up €2,110 (+243%), from €869 to €2,979
- Profit (loss) carried forward -€18,929
down €18,929 (-49.7%), from €38,081 to €19,152
- Gross operating margin -€8,760
down €8,760 (-513%), from -€1,709 to -€10,469
- Depreciation -€329
no longer reported in 2025 (was €329)
From the 2020 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2020 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €46,154 | €27,208 | -€18,946 | -41.0% |
| Fixed assets | 21/28 | €329 | - | -€329 | |
| Tangible fixed assets | 22/27 | €329 | - | -€329 | |
| Current assets | 29/58 | €45,825 | €27,208 | -€18,617 | -40.6% |
| Amounts receivable within one year | 40/41 | €869 | €2,979 | +€2,110 | +243% |
| Other amounts receivable | 41 | - | €2,979 | +€2,979 | |
| Cash at bank and in hand | 54/58 | €44,956 | €24,229 | -€20,727 | -46.1% |
| Total equity and liabilities | 10/49 | €46,154 | €27,208 | -€18,946 | -41.0% |
| Equity | 10/15 | €46,137 | €27,208 | -€18,929 | -41.0% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Capital | 10 | - | €6,197 | +€6,197 | |
| Issued capital | 100 | - | €18,592 | +€18,592 | |
| Uncalled capital | 101 | - | €12,395 | +€12,395 | |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,859 | +€1,859 | |
| Legal reserve | 130 | - | €1,859 | +€1,859 | |
| Profit (loss) carried forward | 14 | €38,081 | €19,152 | -€18,929 | -49.7% |
| Amounts payable | 17/49 | €17 | - | -€17 | |
| Amounts payable within one year | 42/48 | €17 | - | -€17 | |
| Trade debts | 44 | €17 | - | -€17 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €329 | - | -€329 | |
| Gross operating margin | 9900 | -€1,709 | -€10,469 | -€8,760 | -513% |
| Operating profit (loss) | 9901 | -€2,038 | -€10,469 | -€8,431 | -414% |
| Financial charges | 65/66B | - | €45 | +€45 | |
| Recurring financial charges | 65 | €42 | €45 | +€3 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,080 | -€10,514 | -€8,434 | -405% |
| Profit (loss) for the period | 9904 | -€2,080 | -€10,514 | -€8,434 | -405% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,080 | -€10,514 | -€8,434 | -405% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.