INTRADING: 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.
INTRADING
Largest movements
- Receivables within one year +€27,005
up €27,005 (+42.3%), from €63,899 to €90,904
of which Trade receivables: +€29,945
- Tangible fixed assets -€12,543
down €12,543 (-11.0%), from €113,997 to €101,454
- Cash -€11,044
down €11,044 (-13.4%), from €82,354 to €71,311
mainly Net result for the year (-€35,240) and Receivables within one year (-€27,005)
- Intangible fixed assets -€5,000
down €5,000 (-10.4%), from €47,896 to €42,896
- Trade debts +€34,309
up €34,309 (+12312.9%), from €279 to €34,587
- Profit (loss) carried forward -€25,342
new in 2025: -€25,342
- Reserves -€9,898
down €9,898 (-3.2%), from €308,865 to €298,968
- Depreciation +€21,427
up €21,427 (+200.9%), from €10,666 to €32,093
- Gross operating margin +€13,924
up €13,924 (+70.3%), from -€19,800 to -€5,876
- Financial income +€2,369
up €2,369 (+168.0%), from €1,410 to €3,780
of which Non-recurring financial income: +€1,423
- Other operating charges +€705
up €705 (+485.3%), from €145 to €850
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 | €315,997 | €314,713 | -€1,284 | -0.4% |
| Fixed assets | 21/28 | €169,743 | €152,201 | -€17,543 | -10.3% |
| Intangible fixed assets | 21 | €47,896 | €42,896 | -€5,000 | -10.4% |
| Tangible fixed assets | 22/27 | €113,997 | €101,454 | -€12,543 | -11.0% |
| Furniture and vehicles | 24 | €113,997 | €101,454 | -€12,543 | -11.0% |
| Financial fixed assets | 28 | €7,850 | €7,850 | = | 0.0% |
| Current assets | 29/58 | €146,253 | €162,512 | +€16,259 | +11.1% |
| Amounts receivable within one year | 40/41 | €63,899 | €90,904 | +€27,005 | +42.3% |
| Trade receivables | 40 | €21,302 | €51,247 | +€29,945 | +140.6% |
| Other amounts receivable | 41 | €42,597 | €39,657 | -€2,940 | -6.9% |
| Cash at bank and in hand | 54/58 | €82,354 | €71,311 | -€11,044 | -13.4% |
| Deferred charges and accrued income | 490/1 | - | €298 | +€298 | |
| Total equity and liabilities | 10/49 | €315,997 | €314,713 | -€1,284 | -0.4% |
| Equity | 10/15 | €315,365 | €280,125 | -€35,240 | -11.2% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €308,865 | €298,968 | -€9,898 | -3.2% |
| Distributable reserves | 133 | €308,865 | €298,968 | -€9,898 | -3.2% |
| Profit (loss) carried forward | 14 | - | -€25,342 | -€25,342 | |
| Amounts payable | 17/49 | €631 | €34,587 | +€33,956 | +5379.9% |
| Amounts payable within one year | 42/48 | €631 | €34,587 | +€33,956 | +5379.9% |
| Trade debts | 44 | €279 | €34,587 | +€34,309 | +12312.9% |
| Suppliers | 440/4 | €279 | €34,587 | +€34,309 | +12312.9% |
| Taxes, remuneration and social security | 45 | €353 | - | -€353 | |
| Taxes | 450/3 | €353 | - | -€353 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,666 | €32,093 | +€21,427 | +200.9% |
| Other operating charges | 640/8 | €145 | €850 | +€705 | +485.3% |
| Gross operating margin | 9900 | -€19,800 | -€5,876 | +€13,924 | +70.3% |
| Operating profit (loss) | 9901 | -€30,611 | -€38,819 | -€8,208 | -26.8% |
| Financial income | 75/76B | €1,410 | €3,780 | +€2,369 | +168.0% |
| Recurring financial income | 75 | €1,410 | €2,357 | +€946 | +67.1% |
| Non-recurring financial income | 76B | - | €1,423 | +€1,423 | |
| Financial charges | 65/66B | €194 | €201 | +€7 | +3.4% |
| Recurring financial charges | 65 | €194 | €201 | +€7 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | -€29,394 | -€35,240 | -€5,846 | -19.9% |
| Profit (loss) for the period | 9904 | -€29,394 | -€35,240 | -€5,846 | -19.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,394 | -€35,240 | -€5,846 | -19.9% |
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.