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Intopia: 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

Intopia

BE 0646.863.108
NACE 41.001, General construction of residential buildings
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€107,154
2024 · €93,766+€13,388
Equity
€448,115
2024 · €334,211+€113,904
Cash
€239,388
2024 · €350,622-€111,234
Balance sheet total
€1.2m
2024 · €982,294+€219,126

Largest movements

2024 to 2025
Assets
  • Cash -€111,234

    down €111,234 (-31.7%), from €350,622 to €239,388

    mainly Investment in fixed assets (net) (-€157,775) and Receivables within one year (-€109,779)

  • Receivables within one year +€109,779

    up €109,779 (+68.9%), from €159,347 to €269,126

    of which Trade receivables: +€75,729

  • Current investments +€78,051

    up €78,051 (+104.1%), from €75,000 to €153,051

  • Stocks and contracts +€71,215

    up €71,215 (+39.3%), from €180,982 to €252,197

  • Tangible fixed assets +€54,625

    up €54,625 (+27.8%), from €196,643 to €251,268

    of which Plant, machinery and equipment: +€44,063

Equity and liabilities
  • Reserves +€107,154

    up €107,154 (+38.0%), from €281,905 to €389,059

  • Debts after one year +€85,128

    up €85,128 (+71.8%), from €118,598 to €203,725

  • Accrued charges and deferred income +€20,295

    up €20,295 (+8.1%), from €249,087 to €269,382

Income statement
  • Gross operating margin +€301,185

    up €301,185 (+38.4%), from €783,556 to €1.1m

  • Staff costs +€252,043

    up €252,043 (+44.1%), from €570,982 to €823,025

  • Depreciation +€28,553

    up €28,553 (+37.6%), from €75,886 to €104,439

From the 2024 result to the 2025 result

effect on the 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 €93,766
Gross operating margin +€301,185
Staff costs -€252,043
Depreciation -€28,553
Other operating charges +€907
Financial income +€6,385
Financial charges -€5,141
Taxes -€9,602
Deferred taxes and other +€250
Result 2025 €107,154

Cash bridge derived

cash 2024 to 2025

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 +€38,836
Investment -€235,825
Financing +€85,756
Cash 2024 €350,622
Net result for the year +€107,154
Depreciation +€104,439
Stocks and contracts -€71,215
Receivables within one year -€109,779
Deferred charges and accrued income -€17,980
Provisions +€2,250
Trade debts +€4,751
Tax, wage and social debts +€4,950
Other debts -€6,029
Accrued charges and deferred income +€20,295
Investment in fixed assets (net) -€157,775
Current investments -€78,051
Debts after one year +€85,128
Current portion of long-term debt -€6,122
Contributions, distributions and other +€6,750
Cash 2025 €239,388
Every line side by side 51 lines
Line Code 2024 2025 Change %
Total assets 20/58 €982,294 €1,201,420 +€219,126 +22.3%
Fixed assets 21/28 €197,932 €251,268 +€53,336 +26.9%
Intangible fixed assets 21 €1,289 €0 -€1,289 -100.0%
Tangible fixed assets 22/27 €196,643 €251,268 +€54,625 +27.8%
Plant, machinery and equipment 23 €115,451 €159,515 +€44,063 +38.2%
Furniture and vehicles 24 €74,736 €62,597 -€12,138 -16.2%
Other tangible fixed assets 26 €6,456 €29,156 +€22,700 +351.6%
Current assets 29/58 €784,362 €950,152 +€165,790 +21.1%
Stocks and contracts in progress 3 €180,982 €252,197 +€71,215 +39.3%
Stocks 30/36 €180,982 €252,197 +€71,215 +39.3%
Amounts receivable within one year 40/41 €159,347 €269,126 +€109,779 +68.9%
Trade receivables 40 €158,966 €234,695 +€75,729 +47.6%
Other amounts receivable 41 €381 €34,430 +€34,049 +8936.4%
Current investments 50/53 €75,000 €153,051 +€78,051 +104.1%
Cash at bank and in hand 54/58 €350,622 €239,388 -€111,234 -31.7%
Deferred charges and accrued income 490/1 €18,411 €36,391 +€17,980 +97.7%
Total equity and liabilities 10/49 €982,294 €1,201,420 +€219,126 +22.3%
Equity 10/15 €334,211 €448,115 +€113,904 +34.1%
Contributions 10/11 €25,000 €25,000 = 0.0%
Reserves 13 €281,905 €389,059 +€107,154 +38.0%
Distributable reserves 133 €281,905 €389,059 +€107,154 +38.0%
Profit (loss) carried forward 14 €27,306 €27,306 = 0.0%
Investment grants 15 - €6,750 +€6,750
Provisions and deferred taxes 16 - €2,250 +€2,250
Deferred taxes 168 - €2,250 +€2,250
Amounts payable 17/49 €648,084 €751,055 +€102,972 +15.9%
Amounts payable after more than one year 17 €118,598 €203,725 +€85,128 +71.8%
Financial debts 170/4 €118,598 €203,725 +€85,128 +71.8%
Amounts payable within one year 42/48 €280,399 €277,949 -€2,451 -0.9%
Current portion of amounts payable after more than one year 42 €75,910 €69,788 -€6,122 -8.1%
Trade debts 44 €96,609 €101,359 +€4,751 +4.9%
Suppliers 440/4 €96,609 €101,359 +€4,751 +4.9%
Taxes, remuneration and social security 45 €101,852 €106,802 +€4,950 +4.9%
Taxes 450/3 €44,367 €17,679 -€26,689 -60.2%
Remuneration and social security 454/9 €57,484 €89,123 +€31,639 +55.0%
Other amounts payable 47/48 €6,029 - -€6,029
Accrued charges and deferred income 492/3 €249,087 €269,382 +€20,295 +8.1%
Remuneration, social security and pensions 62 €570,982 €823,025 +€252,043 +44.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €75,886 €104,439 +€28,553 +37.6%
Other operating charges 640/8 €2,084 €1,177 -€907 -43.5%
Gross operating margin 9900 €783,556 €1,084,741 +€301,185 +38.4%
Operating profit (loss) 9901 €134,604 €156,099 +€21,495 +16.0%
Financial income 75/76B €1,381 €7,766 +€6,385 +462.4%
Recurring financial income 75 €1,381 €7,766 +€6,385 +462.4%
Financial charges 65/66B €8,867 €14,007 +€5,141 +58.0%
Recurring financial charges 65 €8,867 €14,007 +€5,141 +58.0%
Profit (loss) for the period before taxes 9903 €127,118 €149,858 +€22,740 +17.9%
Transfer from deferred taxes 780 - €250 +€250
Income taxes 67/77 €33,352 €42,954 +€9,602 +28.8%
Profit (loss) for the period 9904 €93,766 €107,154 +€13,388 +14.3%
Profit (loss) for the period to be appropriated 9905 €93,766 €107,154 +€13,388 +14.3%

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 29 September 2026 via checked.be.