INTREX: 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.
INTREX
Largest movements
- Cash -€11,139
down €11,139 (-58.9%), from €18,923 to €7,784
mainly Trade debts (-€8,200) and Debts after one year (-€8,000)
- Tangible fixed assets -€6,240
down €6,240 (-6.9%), from €90,000 to €83,760
- Trade debts -€8,200
no longer reported in 2025 (was €8,200)
- Debts after one year -€8,000
down €8,000 (-20.0%), from €40,000 to €32,000
- Other debts -€3,000
no longer reported in 2025 (was €3,000)
- Profit (loss) carried forward +€2,040
up €2,040 (+20.4%), from -€10,011 to -€7,971
- Gross operating margin -€10,171
down €10,171 (-51.8%), from €19,651 to €9,480
- Staff costs -€6,380
no longer reported in 2025 (was €6,380)
- Other operating charges +€1,110
new in 2025: €1,110
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 | €109,389 | €92,229 | -€17,160 | -15.7% |
| Fixed assets | 21/28 | €90,000 | €83,760 | -€6,240 | -6.9% |
| Tangible fixed assets | 22/27 | €90,000 | €83,760 | -€6,240 | -6.9% |
| Land and buildings | 22 | €90,000 | €83,760 | -€6,240 | -6.9% |
| Current assets | 29/58 | €19,389 | €8,469 | -€10,920 | -56.3% |
| Amounts receivable within one year | 40/41 | €466 | €685 | +€219 | +47.0% |
| Trade receivables | 40 | €452 | - | -€452 | |
| Other amounts receivable | 41 | €14 | €685 | +€671 | +4792.9% |
| Cash at bank and in hand | 54/58 | €18,923 | €7,784 | -€11,139 | -58.9% |
| Total equity and liabilities | 10/49 | €109,389 | €92,229 | -€17,160 | -15.7% |
| Equity | 10/15 | €58,189 | €60,229 | +€2,040 | +3.5% |
| Reserves | 13 | €68,200 | €68,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €68,200 | €68,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Other | 1319 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,011 | -€7,971 | +€2,040 | +20.4% |
| Amounts payable | 17/49 | €51,200 | €32,000 | -€19,200 | -37.5% |
| Amounts payable after more than one year | 17 | €40,000 | €32,000 | -€8,000 | -20.0% |
| Financial debts | 170/4 | €40,000 | €32,000 | -€8,000 | -20.0% |
| Amounts payable within one year | 42/48 | €11,200 | - | -€11,200 | |
| Trade debts | 44 | €8,200 | - | -€8,200 | |
| Suppliers | 440/4 | €8,200 | - | -€8,200 | |
| Other amounts payable | 47/48 | €3,000 | - | -€3,000 | |
| Remuneration, social security and pensions | 62 | €6,380 | - | -€6,380 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,267 | €6,240 | -€27 | -0.4% |
| Other operating charges | 640/8 | - | €1,110 | +€1,110 | |
| Gross operating margin | 9900 | €19,651 | €9,480 | -€10,171 | -51.8% |
| Operating profit (loss) | 9901 | €7,004 | €2,130 | -€4,874 | -69.6% |
| Financial charges | 65/66B | €90 | €90 | = | 0.0% |
| Recurring financial charges | 65 | €90 | €90 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €6,914 | €2,040 | -€4,874 | -70.5% |
| Profit (loss) for the period | 9904 | €6,914 | €2,040 | -€4,874 | -70.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,914 | €2,040 | -€4,874 | -70.5% |
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.