intuEdrive: 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.
intuEdrive
Largest movements
- Tangible fixed assets -€227,660
down €227,660 (-43.1%), from €528,230 to €300,570
of which Other tangible fixed assets: -€167,910
- Intangible fixed assets +€216,026
up €216,026 (+18.3%), from €1.2m to €1.4m
- Cash -€124,801
down €124,801 (-51.2%), from €243,662 to €118,861
mainly Net result for the year (-€591,831) and Investment in fixed assets (net) (-€559,855)
- Short-term financial debts +€620,000
up €620,000 (+103.3%), from €600,000 to €1.2m
- Profit (loss) carried forward -€591,831
down €591,831 (-9.5%), from -€6.2m to -€6.8m
- Accrued charges and deferred income -€126,823
down €126,823 (-79.3%), from €159,965 to €33,142
- Trade debts -€125,750
down €125,750 (-18.6%), from €676,278 to €550,528
- Current portion of long-term debt +€74,598
up €74,598 (+17.2%), from €433,352 to €507,950
- Gross operating margin +€1.5m
up €1.5m (+516.9%), from €288,907 to €1.8m
- Depreciation +€123,851
up €123,851 (+27.1%), from €457,555 to €581,407
- Staff costs -€79,512
down €79,512 (-4.8%), from €1.7m to €1.6m
- Other operating charges +€62,550
up €62,550 (+145.2%), from €43,088 to €105,637
- Financial charges +€50,231
up €50,231 (+54.6%), from €91,983 to €142,214
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 | €5,450,528 | €5,318,635 | -€131,893 | -2.4% |
| Formation expenses | 20 | €60,194 | €43,082 | -€17,113 | -28.4% |
| Fixed assets | 21/28 | €1,720,926 | €1,716,486 | -€4,439 | -0.3% |
| Intangible fixed assets | 21 | €1,179,216 | €1,395,242 | +€216,026 | +18.3% |
| Tangible fixed assets | 22/27 | €528,230 | €300,570 | -€227,660 | -43.1% |
| Plant, machinery and equipment | 23 | €109,017 | €68,428 | -€40,589 | -37.2% |
| Furniture and vehicles | 24 | €76,290 | €57,129 | -€19,161 | -25.1% |
| Other tangible fixed assets | 26 | €342,923 | €175,014 | -€167,910 | -49.0% |
| Financial fixed assets | 28 | €13,480 | €20,674 | +€7,194 | +53.4% |
| Current assets | 29/58 | €3,669,408 | €3,559,067 | -€110,341 | -3.0% |
| Stocks and contracts in progress | 3 | €2,639,524 | €2,607,296 | -€32,228 | -1.2% |
| Stocks | 30/36 | €2,415,111 | €2,289,556 | -€125,555 | -5.2% |
| Contracts in progress | 37 | €224,413 | €317,740 | +€93,327 | +41.6% |
| Amounts receivable within one year | 40/41 | €758,659 | €800,401 | +€41,742 | +5.5% |
| Trade receivables | 40 | €699,871 | €733,359 | +€33,488 | +4.8% |
| Other amounts receivable | 41 | €58,788 | €67,042 | +€8,254 | +14.0% |
| Cash at bank and in hand | 54/58 | €243,662 | €118,861 | -€124,801 | -51.2% |
| Deferred charges and accrued income | 490/1 | €27,562 | €32,509 | +€4,947 | +17.9% |
| Total equity and liabilities | 10/49 | €5,450,528 | €5,318,635 | -€131,893 | -2.4% |
| Equity | 10/15 | €3,218,918 | €2,627,087 | -€591,831 | -18.4% |
| Contributions | 10/11 | €9,453,923 | €9,453,923 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,235,005 | -€6,826,836 | -€591,831 | -9.5% |
| Amounts payable | 17/49 | €2,231,609 | €2,691,548 | +€459,938 | +20.6% |
| Amounts payable after more than one year | 17 | €156,995 | €112,498 | -€44,497 | -28.3% |
| Financial debts | 170/4 | €106,995 | €62,498 | -€44,497 | -41.6% |
| Other amounts payable | 178/9 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,914,649 | €2,545,907 | +€631,258 | +33.0% |
| Current portion of amounts payable after more than one year | 42 | €433,352 | €507,950 | +€74,598 | +17.2% |
| Financial debts | 43 | €600,000 | €1,220,000 | +€620,000 | +103.3% |
| Other loans | 439 | €600,000 | €1,220,000 | +€620,000 | +103.3% |
| Trade debts | 44 | €676,278 | €550,528 | -€125,750 | -18.6% |
| Suppliers | 440/4 | €676,278 | €550,528 | -€125,750 | -18.6% |
| Taxes, remuneration and social security | 45 | €204,735 | €267,144 | +€62,410 | +30.5% |
| Taxes | 450/3 | €22,558 | €63,417 | +€40,859 | +181.1% |
| Remuneration and social security | 454/9 | €182,177 | €203,727 | +€21,550 | +11.8% |
| Other amounts payable | 47/48 | €284 | €284 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €159,965 | €33,142 | -€126,823 | -79.3% |
| Non-recurring operating income | 76A | €21,172 | €20,969 | -€203 | -1.0% |
| Remuneration, social security and pensions | 62 | €1,667,256 | €1,587,744 | -€79,512 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €457,555 | €581,407 | +€123,851 | +27.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€20,088 | -€10,434 | +€9,654 | +48.1% |
| Other operating charges | 640/8 | €43,088 | €105,637 | +€62,550 | +145.2% |
| Non-recurring operating charges | 66A | €26,697 | €0 | -€26,697 | -100.0% |
| Gross operating margin | 9900 | €288,907 | €1,782,143 | +€1.5m | +516.9% |
| Operating profit (loss) | 9901 | -€1,885,601 | -€482,211 | +€1.4m | +74.4% |
| Financial income | 75/76B | €25,089 | €21,049 | -€4,040 | -16.1% |
| Recurring financial income | 75 | €25,089 | €21,049 | -€4,040 | -16.1% |
| Financial charges | 65/66B | €91,983 | €142,214 | +€50,231 | +54.6% |
| Recurring financial charges | 65 | €91,983 | €142,214 | +€50,231 | +54.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,952,495 | -€603,376 | +€1.3m | +69.1% |
| Income taxes | 67/77 | -€24,943 | -€11,545 | +€13,398 | +53.7% |
| Profit (loss) for the period | 9904 | -€1,927,552 | -€591,831 | +€1.3m | +69.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,927,552 | -€591,831 | +€1.3m | +69.3% |
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.