INTRIGUING BRANDS: 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.
INTRIGUING BRANDS
Largest movements
- Receivables within one year +€157,414
up €157,414 (+131%), from €120,550 to €277,964
of which Trade receivables: +€169,027
- Stocks and contracts +€54,932
up €54,932 (+12.7%), from €433,313 to €488,246
- Cash -€8,393
down €8,393 (-18.4%), from €45,726 to €37,333
mainly Receivables within one year (-€157,414) and Short-term financial debts (-€58,000)
- Trade debts +€130,787
up €130,787 (+140%), from €93,155 to €223,942
- Other debts +€94,716
up €94,716 (+522%), from €18,160 to €112,876
- Short-term financial debts -€58,000
down €58,000 (-24.9%), from €233,000 to €175,000
- Debts after one year +€53,477
up €53,477 (+5,975%), from €895 to €54,372
of which Financial debts: +€53,477
- Tax, wage and social debts -€11,269
down €11,269 (-15.1%), from €74,395 to €63,125
of which Remuneration and social security: -€14,020
- Staff costs +€98,051
up €98,051 (+32.8%), from €298,535 to €396,586
- Gross operating margin +€73,762
up €73,762 (+21.2%), from €347,448 to €421,210
- Financial charges -€7,065
down €7,065 (-35.3%), from €20,038 to €12,973
of which Financial charges: -€7,024
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 | €628,156 | €836,260 | +€208,104 | +33.1% |
| Fixed assets | 21/28 | €15,706 | €27,441 | +€11,735 | +74.7% |
| Intangible fixed assets | 21 | €3,142 | €9,054 | +€5,912 | +188% |
| Tangible fixed assets | 22/27 | €2,564 | €8,387 | +€5,822 | +227% |
| Plant, machinery and equipment | 23 | - | €5,628 | +€5,628 | |
| Furniture and vehicles | 24 | €2,564 | €2,759 | +€194 | +7.6% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €612,450 | €808,820 | +€196,370 | +32.1% |
| Stocks and contracts in progress | 3 | €433,313 | €488,246 | +€54,932 | +12.7% |
| Stocks | 30/36 | €433,313 | €488,246 | +€54,932 | +12.7% |
| Amounts receivable within one year | 40/41 | €120,550 | €277,964 | +€157,414 | +131% |
| Trade receivables | 40 | €104,981 | €274,008 | +€169,027 | +161% |
| Other amounts receivable | 41 | €15,569 | €3,956 | -€11,613 | -74.6% |
| Cash at bank and in hand | 54/58 | €45,726 | €37,333 | -€8,393 | -18.4% |
| Deferred charges and accrued income | 490/1 | €12,860 | €5,277 | -€7,582 | -59.0% |
| Total equity and liabilities | 10/49 | €628,156 | €836,260 | +€208,104 | +33.1% |
| Equity | 10/15 | €187,103 | €190,261 | +€3,158 | +1.7% |
| Contributions | 10/11 | €290,000 | €290,000 | = | 0.0% |
| Capital | 10 | €290,000 | €290,000 | = | 0.0% |
| Issued capital | 100 | €290,000 | €290,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€102,897 | -€99,739 | +€3,158 | +3.1% |
| Amounts payable | 17/49 | €441,053 | €645,999 | +€204,946 | +46.5% |
| Amounts payable after more than one year | 17 | €895 | €54,372 | +€53,477 | +5,975% |
| Financial debts | 170/4 | €895 | €54,372 | +€53,477 | +5,975% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €433,428 | €589,756 | +€156,329 | +36.1% |
| Current portion of amounts payable after more than one year | 42 | €14,718 | €14,813 | +€95 | +0.6% |
| Financial debts | 43 | €233,000 | €175,000 | -€58,000 | -24.9% |
| Credit institutions | 430/8 | €233,000 | €175,000 | -€58,000 | -24.9% |
| Trade debts | 44 | €93,155 | €223,942 | +€130,787 | +140% |
| Suppliers | 440/4 | €93,155 | €223,942 | +€130,787 | +140% |
| Taxes, remuneration and social security | 45 | €74,395 | €63,125 | -€11,269 | -15.1% |
| Taxes | 450/3 | €10,248 | €12,998 | +€2,751 | +26.8% |
| Remuneration and social security | 454/9 | €64,147 | €50,127 | -€14,020 | -21.9% |
| Other amounts payable | 47/48 | €18,160 | €112,876 | +€94,716 | +522% |
| Accrued charges and deferred income | 492/3 | €6,731 | €1,872 | -€4,859 | -72.2% |
| Remuneration, social security and pensions | 62 | €298,535 | €396,586 | +€98,051 | +32.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,293 | €3,573 | +€2,281 | +176% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,438 | +€3,438 | |
| Other operating charges | 640/8 | €3,087 | €877 | -€2,210 | -71.6% |
| Gross operating margin | 9900 | €347,448 | €421,210 | +€73,762 | +21.2% |
| Operating profit (loss) | 9901 | €44,533 | €16,736 | -€27,797 | -62.4% |
| Financial income | 75/76B | €23 | €126 | +€103 | +456% |
| Recurring financial income | 75 | €23 | €126 | +€103 | +456% |
| Financial charges | 65/66B | €20,038 | €12,973 | -€7,065 | -35.3% |
| Recurring financial charges | 65 | €19,998 | €12,973 | -€7,024 | -35.1% |
| Non-recurring financial charges | 66B | €41 | €0 | -€41 | -100% |
| Profit (loss) for the period before taxes | 9903 | €24,517 | €3,888 | -€20,629 | -84.1% |
| Income taxes | 67/77 | €523 | €730 | +€207 | +39.5% |
| Profit (loss) for the period | 9904 | €23,994 | €3,158 | -€20,836 | -86.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,994 | €3,158 | -€20,836 | -86.8% |
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 16 October 2026 via checked.be.