Intisa: 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.
Intisa
Largest movements
- Current investments -€61,768
no longer reported in 2025 (was €61,768)
- Cash +€14,241
up €14,241 (+9.5%), from €150,449 to €164,690
mainly Current investments (+€61,768) and Net result for the year (+€46,352)
- Tangible fixed assets -€12,422
down €12,422 (-20.3%), from €61,101 to €48,679
of which Furniture and vehicles: -€12,646
- Reserves -€61,310
down €61,310 (-21.9%), from €279,598 to €218,288
- Financial income +€15,940
new in 2025: €15,940
- Gross operating margin -€13,847
down €13,847 (-17.9%), from €77,305 to €63,458
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 | €286,062 | €225,692 | -€60,370 | -21.1% |
| Fixed assets | 21/28 | €61,101 | €48,679 | -€12,422 | -20.3% |
| Tangible fixed assets | 22/27 | €61,101 | €48,679 | -€12,422 | -20.3% |
| Plant, machinery and equipment | 23 | €974 | €1,934 | +€960 | +98.6% |
| Furniture and vehicles | 24 | €50,618 | €37,972 | -€12,646 | -25.0% |
| Other tangible fixed assets | 26 | €9,509 | €8,773 | -€736 | -7.7% |
| Current assets | 29/58 | €224,961 | €177,013 | -€47,948 | -21.3% |
| Amounts receivable within one year | 40/41 | €11,388 | €10,891 | -€497 | -4.4% |
| Trade receivables | 40 | €2,884 | €3,008 | +€124 | +4.3% |
| Other amounts receivable | 41 | €8,504 | €7,883 | -€621 | -7.3% |
| Current investments | 50/53 | €61,768 | - | -€61,768 | |
| Cash at bank and in hand | 54/58 | €150,449 | €164,690 | +€14,241 | +9.5% |
| Deferred charges and accrued income | 490/1 | €1,356 | €1,432 | +€76 | +5.6% |
| Total equity and liabilities | 10/49 | €286,062 | €225,692 | -€60,370 | -21.1% |
| Equity | 10/15 | €285,798 | €224,488 | -€61,310 | -21.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €279,598 | €218,288 | -€61,310 | -21.9% |
| Distributable reserves | 133 | €279,598 | €218,288 | -€61,310 | -21.9% |
| Amounts payable | 17/49 | €264 | €1,204 | +€940 | +356% |
| Amounts payable within one year | 42/48 | €264 | €1,204 | +€940 | +356% |
| Trade debts | 44 | €238 | €1,204 | +€966 | +406% |
| Suppliers | 440/4 | €238 | €1,204 | +€966 | +406% |
| Taxes, remuneration and social security | 45 | €26 | - | -€26 | |
| Taxes | 450/3 | €26 | - | -€26 | |
| Non-recurring operating income | 76A | €11,776 | - | -€11,776 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,704 | €14,105 | -€599 | -4.1% |
| Other operating charges | 640/8 | €821 | €898 | +€77 | +9.4% |
| Gross operating margin | 9900 | €77,305 | €63,458 | -€13,847 | -17.9% |
| Operating profit (loss) | 9901 | €61,780 | €48,455 | -€13,325 | -21.6% |
| Financial income | 75/76B | - | €15,940 | +€15,940 | |
| Recurring financial income | 75 | - | €15,940 | +€15,940 | |
| Financial charges | 65/66B | €78 | €122 | +€44 | +56.4% |
| Recurring financial charges | 65 | €78 | €122 | +€44 | +56.4% |
| Profit (loss) for the period before taxes | 9903 | €61,702 | €64,273 | +€2,571 | +4.2% |
| Income taxes | 67/77 | €17,298 | €17,921 | +€623 | +3.6% |
| Profit (loss) for the period | 9904 | €44,404 | €46,352 | +€1,948 | +4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €44,404 | €46,352 | +€1,948 | +4.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.