intoPIX: 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
intoPIX
NACE 26.110, Manufacture of computer, electronic and optical products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.1m
2024 · €1.8m+€233,101
Equity
€10.2m
2024 · €8.1m+€2.1m
Cash
€955,755
2024 · €4.0m-€3.0m
Balance sheet total
€14.9m
2024 · €12.0m+€2.9m
Largest movements
Assets
- Tangible fixed assets +€3.6m
up €3.6m (+3332.6%), from €108,238 to €3.7m
of which Leasing and similar rights: +€3.1m
- Cash -€3.0m
down €3.0m (-75.9%), from €4.0m to €955,755
mainly Investment in fixed assets (net) (-€4.4m) and Receivables within one year (-€1.7m)
- Receivables within one year +€1.7m
up €1.7m (+91.3%), from €1.9m to €3.6m
of which Other amounts receivable: +€1.4m
- Financial fixed assets -€1.6m
down €1.6m (-100.0%), from €1.7m to €360
- Current investments +€1.6m
up €1.6m (+234.4%), from €700,601 to €2.3m
Equity and liabilities
- Investment grants +€981,699
up €981,699 (+47.6%), from €2.1m to €3.0m
- Profit (loss) carried forward +€971,119
up €971,119 (+19.5%), from €5.0m to €5.9m
- Debts after one year +€746,010
up €746,010 (+44.7%), from €1.7m to €2.4m
- Other debts +€240,252
up €240,252 (+28.2%), from €852,627 to €1.1m
- Trade debts -€210,959
down €210,959 (-32.7%), from €645,624 to €434,665
Income statement
- Gross operating margin +€597,602
up €597,602 (+11.2%), from €5.3m to €5.9m
- Staff costs +€457,061
up €457,061 (+17.6%), from €2.6m to €3.1m
- Turnover +€344,838
up €344,838 (+6.1%), from €5.6m to €6.0m
- Financial income +€287,452
up €287,452 (+22.8%), from €1.3m to €1.5m
- Purchases and services -€194,841
down €194,841 (-7.2%), from €2.7m to €2.5m
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
€1.8m
Gross operating margin
+€597,602
Staff costs
-€457,061
Depreciation
-€137,994
Write-downs
-€165,555
Other operating charges
+€83,695
Financial income
+€287,452
Financial charges
-€156,885
Taxes
+€181,847
Result 2025
€2.1m
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
+€2.1m
Investment
-€6.0m
Financing
+€867,473
Cash 2024
€4.0m
From operations (derived)
+€2.1m
Net result for the year
+€2.1m
Depreciation
+€2.1m
Receivables within one year
-€1.7m
Deferred charges and accrued income
-€342,837
Trade debts
-€210,959
Tax, wage and social debts
-€35,293
Other debts
+€240,252
Accrued charges and deferred income
+€1,097
Investment (derived)
-€6.0m
Investment in fixed assets (net)
-€4.4m
Current investments
-€1.6m
Financing
+€867,473
Debts after one year
+€746,010
Current portion of long-term debt
+€131,366
Short-term financial debts
-€5,373
Contributions, distributions and other
-€4,530
Cash 2025
€955,755
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,980,648 | €14,910,255 | +€2.9m | +24.5% |
| Fixed assets | 21/28 | €5,082,988 | €7,319,269 | +€2.2m | +44.0% |
| Intangible fixed assets | 21 | €3,324,700 | €3,603,553 | +€278,853 | +8.4% |
| Tangible fixed assets | 22/27 | €108,238 | €3,715,356 | +€3.6m | +3332.6% |
| Plant, machinery and equipment | 23 | €334 | - | -€334 | |
| Furniture and vehicles | 24 | €104,699 | €121,264 | +€16,565 | +15.8% |
| Leasing and similar rights | 25 | - | €3,063,460 | +€3.1m | |
| Other tangible fixed assets | 26 | €3,205 | €1,544 | -€1,661 | -51.8% |
| Assets under construction and advance payments | 27 | - | €529,088 | +€529,088 | |
| Financial fixed assets | 28 | €1,650,050 | €360 | -€1.6m | -100.0% |
| Current assets | 29/58 | €6,897,660 | €7,590,986 | +€693,326 | +10.1% |
| Amounts receivable within one year | 40/41 | €1,886,383 | €3,608,628 | +€1.7m | +91.3% |
| Trade receivables | 40 | €1,268,475 | €1,639,133 | +€370,658 | +29.2% |
| Other amounts receivable | 41 | €617,908 | €1,969,495 | +€1.4m | +218.7% |
| Current investments | 50/53 | €700,601 | €2,342,645 | +€1.6m | +234.4% |
| Cash at bank and in hand | 54/58 | €3,969,555 | €955,755 | -€3.0m | -75.9% |
| Deferred charges and accrued income | 490/1 | €341,121 | €683,958 | +€342,837 | +100.5% |
| Total equity and liabilities | 10/49 | €11,980,648 | €14,910,255 | +€2.9m | +24.5% |
| Equity | 10/15 | €8,088,530 | €10,151,037 | +€2.1m | +25.5% |
| Contributions | 10/11 | €959,279 | €1,065,929 | +€106,650 | +11.1% |
| Capital | 10 | €959,279 | €989,667 | +€30,388 | +3.2% |
| Issued capital | 100 | €959,279 | €989,667 | +€30,388 | +3.2% |
| Outside capital | 11 | - | €76,262 | +€76,262 | |
| Share premium | 1100/10 | - | €76,262 | +€76,262 | |
| Reserves | 13 | €95,928 | €98,967 | +€3,039 | +3.2% |
| Non-distributable reserves | 130/1 | €95,928 | €98,967 | +€3,039 | +3.2% |
| Legal reserve | 130 | €95,928 | €98,967 | +€3,039 | +3.2% |
| Profit (loss) carried forward | 14 | €4,970,693 | €5,941,812 | +€971,119 | +19.5% |
| Investment grants | 15 | €2,062,630 | €3,044,329 | +€981,699 | +47.6% |
| Provisions and deferred taxes | 16 | €182,375 | €182,375 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €182,375 | €182,375 | = | 0.0% |
| Taxes | 161 | €182,375 | €182,375 | = | 0.0% |
| Amounts payable | 17/49 | €3,709,743 | €4,576,843 | +€867,100 | +23.4% |
| Amounts payable after more than one year | 17 | €1,668,718 | €2,414,728 | +€746,010 | +44.7% |
| Financial debts | 170/4 | €1,668,718 | €2,414,728 | +€746,010 | +44.7% |
| Amounts payable within one year | 42/48 | €1,959,280 | €2,079,273 | +€119,993 | +6.1% |
| Current portion of amounts payable after more than one year | 42 | €191,035 | €322,401 | +€131,366 | +68.8% |
| Financial debts | 43 | €13,038 | €7,665 | -€5,373 | -41.2% |
| Credit institutions | 430/8 | €13,038 | €7,665 | -€5,373 | -41.2% |
| Trade debts | 44 | €645,624 | €434,665 | -€210,959 | -32.7% |
| Suppliers | 440/4 | €645,624 | €434,665 | -€210,959 | -32.7% |
| Taxes, remuneration and social security | 45 | €256,956 | €221,663 | -€35,293 | -13.7% |
| Taxes | 450/3 | €16,392 | €44,890 | +€28,498 | +173.9% |
| Remuneration and social security | 454/9 | €240,564 | €176,773 | -€63,791 | -26.5% |
| Other amounts payable | 47/48 | €852,627 | €1,092,879 | +€240,252 | +28.2% |
| Accrued charges and deferred income | 492/3 | €81,745 | €82,842 | +€1,097 | +1.3% |
| Turnover | 70 | €5,624,837 | €5,969,675 | +€344,838 | +6.1% |
| Non-recurring operating income | 76A | €802 | - | -€802 | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,688,627 | €2,493,786 | -€194,841 | -7.2% |
| Remuneration, social security and pensions | 62 | €2,592,946 | €3,050,007 | +€457,061 | +17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,002,531 | €2,140,525 | +€137,994 | +6.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€165,330 | €225 | +€165,555 | |
| Other operating charges | 640/8 | €84,705 | €1,010 | -€83,695 | -98.8% |
| Gross operating margin | 9900 | €5,344,748 | €5,942,350 | +€597,602 | +11.2% |
| Operating profit (loss) | 9901 | €829,896 | €750,583 | -€79,313 | -9.6% |
| Financial income | 75/76B | €1,261,656 | €1,549,108 | +€287,452 | +22.8% |
| Recurring financial income | 75 | €1,261,656 | €1,549,108 | +€287,452 | +22.8% |
| Financial charges | 65/66B | €49,201 | €206,086 | +€156,885 | +318.9% |
| Recurring financial charges | 65 | €49,201 | €206,086 | +€156,885 | +318.9% |
| Profit (loss) for the period before taxes | 9903 | €2,042,351 | €2,093,605 | +€51,254 | +2.5% |
| Income taxes | 67/77 | €208,415 | €26,568 | -€181,847 | -87.3% |
| Profit (loss) for the period | 9904 | €1,833,936 | €2,067,037 | +€233,101 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,833,936 | €2,067,037 | +€233,101 | +12.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.