INTRABO: 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.
INTRABO
Largest movements
- Receivables within one year +€14,886
up €14,886 (+181.0%), from €8,222 to €23,108
of which Trade receivables: +€13,920
- Tangible fixed assets -€13,598
down €13,598 (-24.7%), from €55,116 to €41,518
of which Leasing and similar rights: -€11,271
- Cash -€13,401
no longer reported in 2025 (was €13,401)
mainly Receivables within one year (-€14,886) and Debts after one year (-€10,541)
- Receivables after one year +€4,804
up €4,804 (+4.0%), from €120,105 to €124,909
- Debts after one year -€10,541
down €10,541 (-25.0%), from €42,156 to €31,615
- Tax, wage and social debts -€6,167
down €6,167 (-31.8%), from €19,401 to €13,234
- Short-term financial debts +€5,075
new in 2025: €5,075
- Profit (loss) carried forward +€3,843
up €3,843 (+7.3%), from €52,387 to €56,230
- Gross operating margin -€10,376
down €10,376 (-34.5%), from €30,073 to €19,697
- Financial income -€8,153
down €8,153 (-62.9%), from €12,957 to €4,804
of which Non-recurring financial income: -€12,835
- Taxes -€3,366
down €3,366 (-67.1%), from €5,017 to €1,651
- Financial charges +€3,262
up €3,262 (+159.3%), from €2,047 to €5,309
- Other operating charges -€2,712
down €2,712 (-96.4%), from €2,813 to €101
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 | €196,845 | €189,536 | -€7,309 | -3.7% |
| Fixed assets | 21/28 | €55,116 | €41,518 | -€13,598 | -24.7% |
| Tangible fixed assets | 22/27 | €55,116 | €41,518 | -€13,598 | -24.7% |
| Plant, machinery and equipment | 23 | €9,859 | €7,655 | -€2,204 | -22.4% |
| Furniture and vehicles | 24 | €173 | €50 | -€123 | -70.9% |
| Leasing and similar rights | 25 | €45,085 | €33,813 | -€11,271 | -25.0% |
| Current assets | 29/58 | €141,729 | €148,018 | +€6,289 | +4.4% |
| Amounts receivable after more than one year | 29 | €120,105 | €124,909 | +€4,804 | +4.0% |
| Other amounts receivable | 291 | €120,105 | €124,909 | +€4,804 | +4.0% |
| Amounts receivable within one year | 40/41 | €8,222 | €23,108 | +€14,886 | +181.0% |
| Trade receivables | 40 | €7,759 | €21,679 | +€13,920 | +179.4% |
| Other amounts receivable | 41 | €463 | €1,429 | +€966 | +208.4% |
| Cash at bank and in hand | 54/58 | €13,401 | - | -€13,401 | |
| Total equity and liabilities | 10/49 | €196,845 | €189,536 | -€7,309 | -3.7% |
| Equity | 10/15 | €122,445 | €126,288 | +€3,843 | +3.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €51,466 | €51,466 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €49,607 | €49,607 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,387 | €56,230 | +€3,843 | +7.3% |
| Amounts payable | 17/49 | €74,400 | €63,248 | -€11,152 | -15.0% |
| Amounts payable after more than one year | 17 | €42,156 | €31,615 | -€10,541 | -25.0% |
| Financial debts | 170/4 | €42,156 | €31,615 | -€10,541 | -25.0% |
| Amounts payable within one year | 42/48 | €32,244 | €31,633 | -€611 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €10,110 | €10,541 | +€431 | +4.3% |
| Financial debts | 43 | - | €5,075 | +€5,075 | |
| Credit institutions | 430/8 | - | €5,075 | +€5,075 | |
| Trade debts | 44 | €2,733 | €2,783 | +€50 | +1.8% |
| Suppliers | 440/4 | €2,733 | €2,783 | +€50 | +1.8% |
| Taxes, remuneration and social security | 45 | €19,401 | €13,234 | -€6,167 | -31.8% |
| Taxes | 450/3 | €19,401 | €13,234 | -€6,167 | -31.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,087 | €13,598 | +€511 | +3.9% |
| Other operating charges | 640/8 | €2,813 | €101 | -€2,712 | -96.4% |
| Gross operating margin | 9900 | €30,073 | €19,697 | -€10,376 | -34.5% |
| Operating profit (loss) | 9901 | €14,173 | €5,999 | -€8,174 | -57.7% |
| Financial income | 75/76B | €12,957 | €4,804 | -€8,153 | -62.9% |
| Recurring financial income | 75 | €122 | €4,804 | +€4,682 | +3823.7% |
| Non-recurring financial income | 76B | €12,835 | - | -€12,835 | |
| Financial charges | 65/66B | €2,047 | €5,309 | +€3,262 | +159.3% |
| Recurring financial charges | 65 | €2,047 | €5,309 | +€3,262 | +159.3% |
| Profit (loss) for the period before taxes | 9903 | €25,083 | €5,494 | -€19,589 | -78.1% |
| Income taxes | 67/77 | €5,017 | €1,651 | -€3,366 | -67.1% |
| Profit (loss) for the period | 9904 | €20,066 | €3,843 | -€16,223 | -80.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,066 | €3,843 | -€16,223 | -80.8% |
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 6 October 2026 via checked.be.