INTOCON: 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.
What changed
INTOCON
NACE 28.299, Manufacture of machinery and equipment not elsewhere classified
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€775,556
2024 · €752,660+€22,896
Equity
€4.0m
2024 · €3.5m+€545,556
Cash
€523,424
2024 · €173,692+€349,733
Balance sheet total
€6.2m
2024 · €6.2m-€14,739
Largest movements
Assets
- Stocks and contracts -€570,217
down €570,217 (-58.0%), from €982,435 to €412,219
of which Stocks: -€783,542
- Cash +€349,733
up €349,733 (+201.4%), from €173,692 to €523,424
mainly Net result for the year (+€775,556) and Stocks and contracts (+€570,217)
- Receivables within one year +€148,806
up €148,806 (+7.7%), from €1.9m to €2.1m
of which Trade receivables: +€127,813
Equity and liabilities
- Advances received -€959,131
down €959,131 (-59.3%), from €1.6m to €658,311
- Reserves +€545,556
up €545,556 (+16.7%), from €3.3m to €3.8m
of which Distributable reserves: +€545,556
- Trade debts +€476,725
up €476,725 (+215.0%), from €221,777 to €698,501
- Provisions -€183,025
down €183,025 (-100.0%), from €183,025 to €0
- Other debts +€81,382
up €81,382 (+52.9%), from €153,726 to €235,108
Income statement
- Staff costs +€499,784
up €499,784 (+32.4%), from €1.5m to €2.0m
- Gross operating margin +€359,549
up €359,549 (+14.0%), from €2.6m to €2.9m
- Provisions -€183,025
down €183,025, from €0 to -€183,025
- Depreciation +€40,043
up €40,043 (+23.3%), from €171,904 to €211,947
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.
Result 2024
€752,660
Gross operating margin
+€359,549
Staff costs
-€499,784
Depreciation
-€40,043
Provisions
+€183,025
Other operating charges
-€5,991
Financial income
+€11,287
Financial charges
-€376
Taxes
+€15,227
Result 2025
€775,556
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.
From operations
+€809,676
Investment
-€214,029
Financing
-€245,914
Cash 2024
€173,692
From operations (derived)
+€809,676
Net result for the year
+€775,556
Depreciation
+€211,947
Stocks and contracts
+€570,217
Receivables within one year
-€148,806
Deferred charges and accrued income
-€54,857
Provisions
-€183,025
Trade debts
+€476,725
Tax, wage and social debts
+€47,260
Advances received
-€959,131
Other debts
+€81,382
Accrued charges and deferred income
-€7,591
Investment (derived)
-€214,029
Investment in fixed assets (net)
-€214,029
Financing
-€245,914
Debts after one year
-€16,650
Current portion of long-term debt
+€736
Contributions, distributions and other
-€230,000
Cash 2025
€523,424
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,205,212 | €6,190,473 | -€14,739 | -0.2% |
| Fixed assets | 21/28 | €584,376 | €586,458 | +€2,082 | +0.4% |
| Tangible fixed assets | 22/27 | €584,306 | €586,458 | +€2,152 | +0.4% |
| Land and buildings | 22 | €58,614 | €35,771 | -€22,843 | -39.0% |
| Plant, machinery and equipment | 23 | €291,831 | €273,667 | -€18,164 | -6.2% |
| Furniture and vehicles | 24 | €233,860 | €277,020 | +€43,160 | +18.5% |
| Financial fixed assets | 28 | €70 | €0 | -€70 | -100.0% |
| Current assets | 29/58 | €5,620,836 | €5,604,015 | -€16,822 | -0.3% |
| Amounts receivable after more than one year | 29 | €2,500,000 | €2,500,000 | = | 0.0% |
| Other amounts receivable | 291 | €2,500,000 | €2,500,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €982,435 | €412,219 | -€570,217 | -58.0% |
| Stocks | 30/36 | €982,435 | €198,893 | -€783,542 | -79.8% |
| Contracts in progress | 37 | - | €213,326 | +€213,326 | |
| Amounts receivable within one year | 40/41 | €1,926,814 | €2,075,620 | +€148,806 | +7.7% |
| Trade receivables | 40 | €1,601,807 | €1,729,620 | +€127,813 | +8.0% |
| Other amounts receivable | 41 | €325,007 | €346,000 | +€20,992 | +6.5% |
| Cash at bank and in hand | 54/58 | €173,692 | €523,424 | +€349,733 | +201.4% |
| Deferred charges and accrued income | 490/1 | €37,895 | €92,752 | +€54,857 | +144.8% |
| Total equity and liabilities | 10/49 | €6,205,212 | €6,190,473 | -€14,739 | -0.2% |
| Equity | 10/15 | €3,454,086 | €3,999,642 | +€545,556 | +15.8% |
| Contributions | 10/11 | €186,000 | €186,000 | = | 0.0% |
| Capital | 10 | €186,000 | €186,000 | = | 0.0% |
| Issued capital | 100 | €186,000 | €186,000 | = | 0.0% |
| Reserves | 13 | €3,268,086 | €3,813,642 | +€545,556 | +16.7% |
| Non-distributable reserves | 130/1 | €18,600 | €18,600 | = | 0.0% |
| Legal reserve | 130 | €18,600 | €18,600 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €3,193,236 | €3,738,792 | +€545,556 | +17.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €183,025 | €0 | -€183,025 | -100.0% |
| Provisions for liabilities and charges | 160/5 | €183,025 | €0 | -€183,025 | -100.0% |
| Major repairs and maintenance | 162 | €183,025 | €0 | -€183,025 | -100.0% |
| Amounts payable | 17/49 | €2,568,101 | €2,190,831 | -€377,270 | -14.7% |
| Amounts payable after more than one year | 17 | €46,128 | €29,477 | -€16,650 | -36.1% |
| Financial debts | 170/4 | €46,128 | €29,477 | -€16,650 | -36.1% |
| Amounts payable within one year | 42/48 | €2,478,015 | €2,124,987 | -€353,029 | -14.2% |
| Current portion of amounts payable after more than one year | 42 | €15,914 | €16,650 | +€736 | +4.6% |
| Trade debts | 44 | €221,777 | €698,501 | +€476,725 | +215.0% |
| Suppliers | 440/4 | €221,777 | €698,501 | +€476,725 | +215.0% |
| Advances received on contracts in progress | 46 | €1,617,442 | €658,311 | -€959,131 | -59.3% |
| Taxes, remuneration and social security | 45 | €469,156 | €516,416 | +€47,260 | +10.1% |
| Taxes | 450/3 | €179,072 | €180,133 | +€1,061 | +0.6% |
| Remuneration and social security | 454/9 | €290,084 | €336,283 | +€46,199 | +15.9% |
| Other amounts payable | 47/48 | €153,726 | €235,108 | +€81,382 | +52.9% |
| Accrued charges and deferred income | 492/3 | €43,958 | €36,367 | -€7,591 | -17.3% |
| Non-recurring operating income | 76A | €74,467 | €0 | -€74,467 | -100.0% |
| Remuneration, social security and pensions | 62 | €1,541,065 | €2,040,849 | +€499,784 | +32.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €171,904 | €211,947 | +€40,043 | +23.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | -€183,025 | -€183,025 | |
| Other operating charges | 640/8 | €22,734 | €28,725 | +€5,991 | +26.4% |
| Gross operating margin | 9900 | €2,560,042 | €2,919,591 | +€359,549 | +14.0% |
| Operating profit (loss) | 9901 | €824,340 | €821,096 | -€3,244 | -0.4% |
| Financial income | 75/76B | €144,338 | €155,625 | +€11,287 | +7.8% |
| Recurring financial income | 75 | €144,338 | €155,625 | +€11,287 | +7.8% |
| Financial charges | 65/66B | €6,502 | €6,878 | +€376 | +5.8% |
| Recurring financial charges | 65 | €6,502 | €6,878 | +€376 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €962,175 | €969,843 | +€7,668 | +0.8% |
| Income taxes | 67/77 | €209,515 | €194,288 | -€15,227 | -7.3% |
| Profit (loss) for the period | 9904 | €752,660 | €775,556 | +€22,896 | +3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €752,660 | €775,556 | +€22,896 | +3.0% |
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 1 October 2026 via checked.be.