INTRAWOOD: 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.
INTRAWOOD
Largest movements
- Cash +€17,284
up €17,284 (+648.3%), from €2,666 to €19,950
mainly Other debts (+€110,699) and Receivables within one year (+€10,356)
- Receivables within one year -€10,356
down €10,356 (-10.2%), from €101,653 to €91,297
of which Trade receivables: -€18,543
- Stocks and contracts -€3,280
down €3,280 (-2.2%), from €152,051 to €148,771
- Other debts +€110,699
up €110,699 (+21.8%), from €507,156 to €617,855
- Profit (loss) carried forward -€81,690
down €81,690 (-13.2%), from -€620,895 to -€702,586
- Short-term financial debts -€25,950
down €25,950 (-7.4%), from €350,950 to €325,000
of which Credit institutions: -€25,000
- Gross operating margin -€33,383
down €33,383 (-114.2%), from -€29,233 to -€62,615
- Depreciation -€3,243
down €3,243 (-84.6%), from €3,833 to €589
- Other operating charges +€971
up €971 (+533.8%), from €182 to €1,152
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 | €256,960 | €260,018 | +€3,059 | +1.2% |
| Fixed assets | 21/28 | €589 | - | -€589 | |
| Tangible fixed assets | 22/27 | €589 | - | -€589 | |
| Plant, machinery and equipment | 23 | €589 | - | -€589 | |
| Current assets | 29/58 | €256,370 | €260,018 | +€3,648 | +1.4% |
| Stocks and contracts in progress | 3 | €152,051 | €148,771 | -€3,280 | -2.2% |
| Stocks | 30/36 | €152,051 | €148,771 | -€3,280 | -2.2% |
| Amounts receivable within one year | 40/41 | €101,653 | €91,297 | -€10,356 | -10.2% |
| Trade receivables | 40 | €95,257 | €76,715 | -€18,543 | -19.5% |
| Other amounts receivable | 41 | €6,396 | €14,583 | +€8,187 | +128.0% |
| Cash at bank and in hand | 54/58 | €2,666 | €19,950 | +€17,284 | +648.3% |
| Total equity and liabilities | 10/49 | €256,960 | €260,018 | +€3,059 | +1.2% |
| Equity | 10/15 | -€601,295 | -€682,986 | -€81,690 | -13.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Distributable reserves | 133 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€620,895 | -€702,586 | -€81,690 | -13.2% |
| Amounts payable | 17/49 | €858,255 | €943,004 | +€84,749 | +9.9% |
| Amounts payable within one year | 42/48 | €858,255 | €943,004 | +€84,749 | +9.9% |
| Financial debts | 43 | €350,950 | €325,000 | -€25,950 | -7.4% |
| Credit institutions | 430/8 | €350,000 | €325,000 | -€25,000 | -7.1% |
| Other loans | 439 | €950 | - | -€950 | |
| Taxes, remuneration and social security | 45 | €149 | €149 | = | 0.0% |
| Taxes | 450/3 | €149 | €149 | = | 0.0% |
| Other amounts payable | 47/48 | €507,156 | €617,855 | +€110,699 | +21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,833 | €589 | -€3,243 | -84.6% |
| Other operating charges | 640/8 | €182 | €1,152 | +€971 | +533.8% |
| Gross operating margin | 9900 | -€29,233 | -€62,615 | -€33,383 | -114.2% |
| Operating profit (loss) | 9901 | -€33,247 | -€64,357 | -€31,110 | -93.6% |
| Financial charges | 65/66B | €17,267 | €17,333 | +€66 | +0.4% |
| Recurring financial charges | 65 | €17,267 | €17,333 | +€66 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | -€50,514 | -€81,690 | -€31,176 | -61.7% |
| Profit (loss) for the period | 9904 | -€50,514 | -€81,690 | -€31,176 | -61.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€50,514 | -€81,690 | -€31,176 | -61.7% |
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.