Intrepid AI: 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.
Intrepid AI
Largest movements
- Receivables within one year +€23,041
up €23,041 (+25.1%), from €91,642 to €114,683
- Reserves +€15,517
up €15,517 (+23.5%), from €65,982 to €81,499
- Tax, wage and social debts +€5,817
up €5,817 (+23.6%), from €24,683 to €30,500
- Trade debts +€1,318
up €1,318 (+222.4%), from €593 to €1,910
- Gross operating margin -€69,912
down €69,912 (-76.3%), from €91,586 to €21,674
- Taxes -€18,866
down €18,866 (-76.4%), from €24,683 to €5,817
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 | €93,757 | €116,409 | +€22,652 | +24.2% |
| Formation expenses | 20 | €293 | - | -€293 | |
| Current assets | 29/58 | €93,464 | €116,409 | +€22,946 | +24.6% |
| Amounts receivable within one year | 40/41 | €91,642 | €114,683 | +€23,041 | +25.1% |
| Other amounts receivable | 41 | €91,642 | €114,683 | +€23,041 | +25.1% |
| Cash at bank and in hand | 54/58 | €1,822 | €1,727 | -€96 | -5.2% |
| Total equity and liabilities | 10/49 | €93,757 | €116,409 | +€22,652 | +24.2% |
| Equity | 10/15 | €68,482 | €83,999 | +€15,517 | +22.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €65,982 | €81,499 | +€15,517 | +23.5% |
| Distributable reserves | 133 | €65,982 | €81,499 | +€15,517 | +23.5% |
| Amounts payable | 17/49 | €25,275 | €32,410 | +€7,135 | +28.2% |
| Amounts payable within one year | 42/48 | €25,275 | €32,410 | +€7,135 | +28.2% |
| Trade debts | 44 | €593 | €1,910 | +€1,318 | +222.4% |
| Suppliers | 440/4 | €593 | €1,910 | +€1,318 | +222.4% |
| Taxes, remuneration and social security | 45 | €24,683 | €30,500 | +€5,817 | +23.6% |
| Taxes | 450/3 | €24,683 | €30,500 | +€5,817 | +23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €887 | €293 | -€593 | -66.9% |
| Gross operating margin | 9900 | €91,586 | €21,674 | -€69,912 | -76.3% |
| Operating profit (loss) | 9901 | €90,699 | €21,380 | -€69,318 | -76.4% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €34 | €47 | +€13 | +39.7% |
| Recurring financial charges | 65 | €34 | €47 | +€13 | +39.7% |
| Profit (loss) for the period before taxes | 9903 | €90,665 | €21,334 | -€69,331 | -76.5% |
| Income taxes | 67/77 | €24,683 | €5,817 | -€18,866 | -76.4% |
| Profit (loss) for the period | 9904 | €65,982 | €15,517 | -€50,464 | -76.5% |
| Profit (loss) for the period to be appropriated | 9905 | €65,982 | €15,517 | -€50,464 | -76.5% |
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 7 October 2026 via checked.be.