IntiMates: 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.
IntiMates
Largest movements
- Stocks and contracts -€10,643
down €10,643 (-16.8%), from €63,302 to €52,659
- Intangible fixed assets -€4,800
down €4,800 (-21.1%), from €22,763 to €17,963
- Cash -€4,286
down €4,286 (-49.5%), from €8,664 to €4,378
mainly Net result for the year (-€20,559) and Deferred charges and accrued income (-€2,809)
- Deferred charges and accrued income +€2,809
new in 2025: €2,809
- Formation expenses -€2,049
down €2,049 (-100.0%), from €2,049 to €0
- Profit (loss) carried forward -€20,559
new in 2025: -€20,559
- Advances received +€4,743
new in 2025: €4,743
- Other debts -€2,193
down €2,193 (-10.9%), from €20,193 to €18,000
- Short-term financial debts +€1,233
up €1,233 (+145.9%), from €845 to €2,078
- Gross operating margin -€17,039
down €17,039, from €3,558 to -€13,481
- Depreciation +€4,588
up €4,588 (+202.9%), from €2,261 to €6,849
- Other operating charges -€228
down €228 (-100.0%), from €228 to €0
- Taxes +€211
new in 2025: €211
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 | €99,312 | €82,275 | -€17,037 | -17.2% |
| Formation expenses | 20 | €2,049 | €0 | -€2,049 | -100.0% |
| Fixed assets | 21/28 | €22,763 | €17,963 | -€4,800 | -21.1% |
| Intangible fixed assets | 21 | €22,763 | €17,963 | -€4,800 | -21.1% |
| Current assets | 29/58 | €74,500 | €64,312 | -€10,188 | -13.7% |
| Stocks and contracts in progress | 3 | €63,302 | €52,659 | -€10,643 | -16.8% |
| Stocks | 30/36 | €63,302 | €52,659 | -€10,643 | -16.8% |
| Amounts receivable within one year | 40/41 | €2,534 | €3,920 | +€1,386 | +54.7% |
| Trade receivables | 40 | €39 | €3,920 | +€3,882 | +10069.0% |
| Other amounts receivable | 41 | €2,496 | €0 | -€2,496 | -100.0% |
| Current investments | 50/53 | - | €546 | +€546 | |
| Cash at bank and in hand | 54/58 | €8,664 | €4,378 | -€4,286 | -49.5% |
| Deferred charges and accrued income | 490/1 | - | €2,809 | +€2,809 | |
| Total equity and liabilities | 10/49 | €99,312 | €82,275 | -€17,037 | -17.2% |
| Equity | 10/15 | €11,055 | -€9,504 | -€20,559 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,055 | €1,055 | = | 0.0% |
| Distributable reserves | 133 | €1,055 | €1,055 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€20,559 | -€20,559 | |
| Amounts payable | 17/49 | €88,256 | €91,779 | +€3,522 | +4.0% |
| Amounts payable within one year | 42/48 | €88,256 | €91,779 | +€3,522 | +4.0% |
| Financial debts | 43 | €845 | €2,078 | +€1,233 | +145.9% |
| Other loans | 439 | €845 | €2,078 | +€1,233 | +145.9% |
| Trade debts | 44 | €65,318 | €65,549 | +€231 | +0.4% |
| Suppliers | 440/4 | €65,318 | €65,549 | +€231 | +0.4% |
| Advances received on contracts in progress | 46 | - | €4,743 | +€4,743 | |
| Taxes, remuneration and social security | 45 | €1,900 | €1,409 | -€491 | -25.9% |
| Taxes | 450/3 | €1,900 | €1,409 | -€491 | -25.9% |
| Other amounts payable | 47/48 | €20,193 | €18,000 | -€2,193 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,261 | €6,849 | +€4,588 | +202.9% |
| Other operating charges | 640/8 | €228 | €0 | -€228 | -100.0% |
| Gross operating margin | 9900 | €3,558 | -€13,481 | -€17,039 | |
| Operating profit (loss) | 9901 | €1,069 | -€20,330 | -€21,399 | |
| Financial charges | 65/66B | €14 | €18 | +€4 | +31.1% |
| Recurring financial charges | 65 | €14 | €17 | +€3 | +21.5% |
| Non-recurring financial charges | 66B | - | €1 | +€1 | |
| Profit (loss) for the period before taxes | 9903 | €1,055 | -€20,348 | -€21,404 | |
| Income taxes | 67/77 | - | €211 | +€211 | |
| Profit (loss) for the period | 9904 | €1,055 | -€20,559 | -€21,615 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,055 | -€20,559 | -€21,615 |
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.