Intore: 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.
Intore
Largest movements
- Receivables within one year -€30,673
down €30,673 (-77.1%), from €39,761 to €9,088
of which Trade receivables: -€36,287
- Cash -€28,330
down €28,330 (-94.4%), from €30,001 to €1,672
mainly Net result for the year (-€45,219) and Stocks and contracts (-€12,749)
- Stocks and contracts +€12,749
new in 2025: €12,749
- Tangible fixed assets -€9,319
down €9,319 (-39.3%), from €23,733 to €14,414
of which Leasing and similar rights: -€9,024
- Reserves -€45,219
down €45,219 (-97.1%), from €46,547 to €1,328
- Debts after one year -€10,643
down €10,643 (-81.3%), from €13,097 to €2,455
- Tax, wage and social debts -€9,396
down €9,396 (-57.3%), from €16,411 to €7,014
of which Taxes: -€7,675
- Other debts +€7,319
up €7,319 (+646.6%), from €1,132 to €8,451
- Current portion of long-term debt +€2,669
up €2,669 (+28.2%), from €9,459 to €12,128
- Gross operating margin -€82,531
down €82,531, from €49,761 to -€32,770
- Taxes -€8,041
down €8,041 (-98.4%), from €8,173 to €132
- Financial charges -€558
down €558 (-33.0%), from €1,691 to €1,133
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €94,965 | €38,728 | -€56,237 | -59.2% |
| Fixed assets | 21/28 | €25,123 | €15,137 | -€9,986 | -39.7% |
| Intangible fixed assets | 21 | €1,390 | €723 | -€667 | -48.0% |
| Tangible fixed assets | 22/27 | €23,733 | €14,414 | -€9,319 | -39.3% |
| Plant, machinery and equipment | 23 | €741 | €446 | -€295 | -39.8% |
| Leasing and similar rights | 25 | €22,992 | €13,968 | -€9,024 | -39.2% |
| Current assets | 29/58 | €69,842 | €23,591 | -€46,251 | -66.2% |
| Stocks and contracts in progress | 3 | - | €12,749 | +€12,749 | |
| Stocks | 30/36 | - | €12,749 | +€12,749 | |
| Amounts receivable within one year | 40/41 | €39,761 | €9,088 | -€30,673 | -77.1% |
| Trade receivables | 40 | €39,761 | €3,474 | -€36,287 | -91.3% |
| Other amounts receivable | 41 | - | €5,614 | +€5,614 | |
| Cash at bank and in hand | 54/58 | €30,001 | €1,672 | -€28,330 | -94.4% |
| Deferred charges and accrued income | 490/1 | €80 | €82 | +€2 | +2.0% |
| Total equity and liabilities | 10/49 | €94,965 | €38,728 | -€56,237 | -59.2% |
| Equity | 10/15 | €53,747 | €8,528 | -€45,219 | -84.1% |
| Contributions | 10/11 | €7,200 | €7,200 | = | 0.0% |
| Reserves | 13 | €46,547 | €1,328 | -€45,219 | -97.1% |
| Distributable reserves | 133 | €46,547 | €1,328 | -€45,219 | -97.1% |
| Amounts payable | 17/49 | €41,218 | €30,200 | -€11,018 | -26.7% |
| Amounts payable after more than one year | 17 | €13,097 | €2,455 | -€10,643 | -81.3% |
| Financial debts | 170/4 | €13,097 | €2,455 | -€10,643 | -81.3% |
| Amounts payable within one year | 42/48 | €28,121 | €27,746 | -€375 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €9,459 | €12,128 | +€2,669 | +28.2% |
| Trade debts | 44 | €1,119 | €152 | -€967 | -86.4% |
| Suppliers | 440/4 | €1,119 | €152 | -€967 | -86.4% |
| Taxes, remuneration and social security | 45 | €16,411 | €7,014 | -€9,396 | -57.3% |
| Taxes | 450/3 | €14,689 | €7,014 | -€7,675 | -52.2% |
| Remuneration and social security | 454/9 | €1,721 | €0 | -€1,721 | -100.0% |
| Other amounts payable | 47/48 | €1,132 | €8,451 | +€7,319 | +646.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,778 | €9,986 | +€207 | +2.1% |
| Other operating charges | 640/8 | €1,561 | €1,205 | -€356 | -22.8% |
| Gross operating margin | 9900 | €49,761 | -€32,770 | -€82,531 | |
| Operating profit (loss) | 9901 | €38,422 | -€43,960 | -€82,382 | |
| Financial income | 75/76B | €0 | €5 | +€5 | |
| Recurring financial income | 75 | €0 | €5 | +€5 | |
| Financial charges | 65/66B | €1,691 | €1,133 | -€558 | -33.0% |
| Recurring financial charges | 65 | €1,691 | €1,133 | -€558 | -33.0% |
| Profit (loss) for the period before taxes | 9903 | €36,731 | -€45,087 | -€81,818 | |
| Income taxes | 67/77 | €8,173 | €132 | -€8,041 | -98.4% |
| Profit (loss) for the period | 9904 | €28,558 | -€45,219 | -€73,777 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,558 | -€45,219 | -€73,777 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.