INTRESITS: 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.
INTRESITS
Largest movements
- Cash -€2.3m
down €2.3m (-71.9%), from €3.3m to €916,773
mainly Current investments (-€1.5m) and Contributions, distributions and other (-€966,265)
- Current investments +€1.5m
up €1.5m, from €0 to €1.5m
- Receivables within one year +€445,370
up €445,370 (+84.8%), from €524,956 to €970,326
of which Trade receivables: +€360,938
- Accrued charges and deferred income -€484,666
down €484,666 (-96.1%), from €504,252 to €19,586
- Reserves -€230,982
down €230,982 (-7.7%), from €3.0m to €2.8m
of which Distributable reserves: -€336,232
- Trade debts +€204,612
up €204,612 (+114%), from €179,680 to €384,292
- Tax, wage and social debts +€115,080
up €115,080 (+63.7%), from €180,757 to €295,836
- Financial income +€327,607
up €327,607 (+77.8%), from €420,886 to €748,493
- Financial charges +€325,753
up €325,753 (+126%), from €258,511 to €584,265
- Gross operating margin +€121,869
up €121,869 (+15.0%), from €812,860 to €934,729
- Taxes +€35,752
up €35,752 (+12.4%), from €287,681 to €323,433
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.
Derived cash bridge
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 | €3,892,560 | €3,507,745 | -€384,816 | -9.9% |
| Fixed assets | 21/28 | €102,195 | €110,041 | +€7,846 | +7.7% |
| Tangible fixed assets | 22/27 | €102,195 | €110,041 | +€7,846 | +7.7% |
| Plant, machinery and equipment | 23 | €20,581 | €18,800 | -€1,781 | -8.7% |
| Furniture and vehicles | 24 | €81,614 | €91,241 | +€9,627 | +11.8% |
| Current assets | 29/58 | €3,790,366 | €3,397,704 | -€392,662 | -10.4% |
| Amounts receivable within one year | 40/41 | €524,956 | €970,326 | +€445,370 | +84.8% |
| Trade receivables | 40 | €27,484 | €388,422 | +€360,938 | +1,313% |
| Other amounts receivable | 41 | €497,473 | €581,904 | +€84,432 | +17.0% |
| Current investments | 50/53 | €0 | €1,505,139 | +€1.5m | |
| Cash at bank and in hand | 54/58 | €3,260,850 | €916,773 | -€2.3m | -71.9% |
| Deferred charges and accrued income | 490/1 | €4,560 | €5,466 | +€906 | +19.9% |
| Total equity and liabilities | 10/49 | €3,892,560 | €3,507,745 | -€384,816 | -9.9% |
| Equity | 10/15 | €3,025,812 | €2,794,831 | -€230,982 | -7.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €3,005,812 | €2,774,831 | -€230,982 | -7.7% |
| Tax-exempt reserves | 132 | €210,500 | €315,750 | +€105,250 | +50.0% |
| Distributable reserves | 133 | €2,795,312 | €2,459,081 | -€336,232 | -12.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €866,748 | €712,914 | -€153,834 | -17.7% |
| Amounts payable within one year | 42/48 | €362,496 | €693,328 | +€330,832 | +91.3% |
| Trade debts | 44 | €179,680 | €384,292 | +€204,612 | +114% |
| Suppliers | 440/4 | €179,680 | €384,292 | +€204,612 | +114% |
| Taxes, remuneration and social security | 45 | €180,757 | €295,836 | +€115,080 | +63.7% |
| Taxes | 450/3 | €180,757 | €295,836 | +€115,080 | +63.7% |
| Other amounts payable | 47/48 | €2,060 | €13,200 | +€11,140 | +541% |
| Accrued charges and deferred income | 492/3 | €504,252 | €19,586 | -€484,666 | -96.1% |
| Non-recurring operating income | 76A | €650 | €0 | -€650 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,473 | €38,682 | +€8,209 | +26.9% |
| Other operating charges | 640/8 | €2,196 | €1,559 | -€637 | -29.0% |
| Gross operating margin | 9900 | €812,860 | €934,729 | +€121,869 | +15.0% |
| Operating profit (loss) | 9901 | €780,191 | €894,488 | +€114,297 | +14.6% |
| Financial income | 75/76B | €420,886 | €748,493 | +€327,607 | +77.8% |
| Recurring financial income | 75 | €420,886 | €748,493 | +€327,607 | +77.8% |
| Financial charges | 65/66B | €258,511 | €584,265 | +€325,753 | +126% |
| Recurring financial charges | 65 | €258,511 | €584,265 | +€325,753 | +126% |
| Profit (loss) for the period before taxes | 9903 | €942,565 | €1,058,716 | +€116,150 | +12.3% |
| Income taxes | 67/77 | €287,681 | €323,433 | +€35,752 | +12.4% |
| Profit (loss) for the period | 9904 | €654,885 | €735,283 | +€80,398 | +12.3% |
| Transfer to tax-exempt reserves | 689 | €105,250 | €105,250 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €549,635 | €630,033 | +€80,398 | +14.6% |
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 29 October 2026 via checked.be.