INTOE: what changed
What changed
INTOE
NACE 81.300, Landscape service activities
filed annual accounts (NBB)
Net result for the year
€77,884
2024 · €78,157-€273
Equity
€132,127
2024 · €131,243+€884
Cash
€225,557
2024 · €240,691-€15,133
Balance sheet total
€1.1m
2024 · €1.1m+€61,252
Largest movements
Assets
- Receivables within one year +€72,142
up €72,142 (+59.8%), from €120,631 to €192,773
of which Trade receivables: +€82,142
- Cash -€15,133
down €15,133 (-6.3%), from €240,691 to €225,557
mainly Contributions, distributions and other (-€77,000) and Receivables within one year (-€72,142)
Equity and liabilities
- Other debts +€67,440
up €67,440 (+11.1%), from €605,431 to €672,871
- Debts after one year -€30,258
down €30,258 (-14.9%), from €203,748 to €173,490
- Trade debts +€29,562
up €29,562 (+133%), from €22,268 to €51,830
Income statement
- Financial income -€11,966
down €11,966 (-89.4%), from €13,384 to €1,418
- Gross operating margin +€8,513
up €8,513 (+5.3%), from €161,487 to €169,999
- Depreciation -€4,388
down €4,388 (-6.5%), from €67,353 to €62,965
- Taxes +€2,667
up €2,667 (+15.0%), from €17,775 to €20,442
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€78,157
Gross operating margin
+€8,513
Depreciation
+€4,388
Other operating charges
-€11
Financial income
-€11,966
Financial charges
+€1,471
Taxes
-€2,667
Result 2025
€77,884
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€167,230
Investment
-€75,749
Financing
-€106,614
Cash 2024
€240,691
From operations (derived)
+€167,230
Net result for the year
+€77,884
Depreciation
+€62,965
Stocks and contracts
+€5,693
Receivables within one year
-€72,142
Deferred charges and accrued income
+€2,847
Trade debts
+€29,562
Tax, wage and social debts
-€7,214
Other debts
+€67,440
Accrued charges and deferred income
+€194
Investment (derived)
-€75,749
Investment in fixed assets (net)
-€68,235
Current investments
-€7,514
Financing
-€106,614
Debts after one year
-€30,258
Current portion of long-term debt
+€644
Contributions, distributions and other
-€77,000
Cash 2025
€225,557
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,067,221 | €1,128,473 | +€61,252 | +5.7% |
| Fixed assets | 21/28 | €666,015 | €671,285 | +€5,270 | +0.8% |
| Tangible fixed assets | 22/27 | €666,015 | €671,285 | +€5,270 | +0.8% |
| Land and buildings | 22 | €587,852 | €571,078 | -€16,775 | -2.9% |
| Plant, machinery and equipment | 23 | €6,122 | €7,669 | +€1,546 | +25.3% |
| Furniture and vehicles | 24 | €72,041 | €92,539 | +€20,498 | +28.5% |
| Current assets | 29/58 | €401,206 | €457,188 | +€55,982 | +14.0% |
| Stocks and contracts in progress | 3 | €18,506 | €12,813 | -€5,693 | -30.8% |
| Contracts in progress | 37 | €18,506 | €12,813 | -€5,693 | -30.8% |
| Amounts receivable within one year | 40/41 | €120,631 | €192,773 | +€72,142 | +59.8% |
| Trade receivables | 40 | €96,698 | €178,840 | +€82,142 | +84.9% |
| Other amounts receivable | 41 | €23,933 | €13,933 | -€10,000 | -41.8% |
| Current investments | 50/53 | €1,002 | €8,516 | +€7,514 | +750% |
| Cash at bank and in hand | 54/58 | €240,691 | €225,557 | -€15,133 | -6.3% |
| Deferred charges and accrued income | 490/1 | €20,376 | €17,529 | -€2,847 | -14.0% |
| Total equity and liabilities | 10/49 | €1,067,221 | €1,128,473 | +€61,252 | +5.7% |
| Equity | 10/15 | €131,243 | €132,127 | +€884 | +0.7% |
| Reserves | 13 | €130,950 | €131,830 | +€880 | +0.7% |
| Distributable reserves | 133 | €130,950 | €131,830 | +€880 | +0.7% |
| Profit (loss) carried forward | 14 | €293 | €297 | +€4 | +1.3% |
| Amounts payable | 17/49 | €935,978 | €996,346 | +€60,368 | +6.4% |
| Amounts payable after more than one year | 17 | €203,748 | €173,490 | -€30,258 | -14.9% |
| Financial debts | 170/4 | €203,748 | €173,490 | -€30,258 | -14.9% |
| Amounts payable within one year | 42/48 | €703,693 | €794,125 | +€90,432 | +12.9% |
| Current portion of amounts payable after more than one year | 42 | €29,614 | €30,258 | +€644 | +2.2% |
| Trade debts | 44 | €22,268 | €51,830 | +€29,562 | +133% |
| Suppliers | 440/4 | €22,268 | €51,830 | +€29,562 | +133% |
| Taxes, remuneration and social security | 45 | €46,380 | €39,166 | -€7,214 | -15.6% |
| Taxes | 450/3 | €46,380 | €39,166 | -€7,214 | -15.6% |
| Other amounts payable | 47/48 | €605,431 | €672,871 | +€67,440 | +11.1% |
| Accrued charges and deferred income | 492/3 | €28,537 | €28,731 | +€194 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,353 | €62,965 | -€4,388 | -6.5% |
| Other operating charges | 640/8 | €4,956 | €4,967 | +€11 | +0.2% |
| Gross operating margin | 9900 | €161,487 | €169,999 | +€8,513 | +5.3% |
| Operating profit (loss) | 9901 | €89,178 | €102,067 | +€12,889 | +14.5% |
| Financial income | 75/76B | €13,384 | €1,418 | -€11,966 | -89.4% |
| Recurring financial income | 75 | €13,384 | €1,418 | -€11,966 | -89.4% |
| Financial charges | 65/66B | €6,630 | €5,159 | -€1,471 | -22.2% |
| Recurring financial charges | 65 | €6,630 | €5,159 | -€1,471 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €95,932 | €98,326 | +€2,394 | +2.5% |
| Income taxes | 67/77 | €17,775 | €20,442 | +€2,667 | +15.0% |
| Profit (loss) for the period | 9904 | €78,157 | €77,884 | -€273 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €78,157 | €77,884 | -€273 | -0.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.