ITELLIGENCE: 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.
ITELLIGENCE
Largest movements
- Receivables within one year +€4,281
up €4,281 (+116.4%), from €3,679 to €7,960
of which Trade receivables: +€5,737
- Cash +€3,880
up €3,880 (+32.9%), from €11,807 to €15,687
mainly Net result for the year (+€4,729) and Other debts (+€3,250)
- Deferred charges and accrued income -€329
no longer reported in 2025 (was €329)
- Profit (loss) carried forward +€4,729
up €4,729 (+35.2%), from -€13,447 to -€8,718
- Trade debts -€3,423
down €3,423 (-60.6%), from €5,646 to €2,223
- Other debts +€3,250
new in 2025: €3,250
- Tax, wage and social debts +€3,215
up €3,215 (+99.7%), from €3,225 to €6,440
- Gross operating margin +€9,495
up €9,495, from -€839 to €8,656
- Taxes +€2,173
up €2,173 (+254.8%), from €853 to €3,027
- Other operating charges -€2,036
down €2,036 (-79.5%), from €2,560 to €524
- Depreciation -€190
no longer reported in 2025 (was €190)
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 | €15,875 | €23,646 | +€7,771 | +49.0% |
| Fixed assets | 21/28 | €60 | - | -€60 | |
| Financial fixed assets | 28 | €60 | - | -€60 | |
| Current assets | 29/58 | €15,815 | €23,646 | +€7,831 | +49.5% |
| Amounts receivable within one year | 40/41 | €3,679 | €7,960 | +€4,281 | +116.4% |
| Trade receivables | 40 | €786 | €6,523 | +€5,737 | +729.6% |
| Other amounts receivable | 41 | €2,893 | €1,436 | -€1,456 | -50.3% |
| Cash at bank and in hand | 54/58 | €11,807 | €15,687 | +€3,880 | +32.9% |
| Deferred charges and accrued income | 490/1 | €329 | - | -€329 | |
| Total equity and liabilities | 10/49 | €15,875 | €23,646 | +€7,771 | +49.0% |
| Equity | 10/15 | €7,004 | €11,733 | +€4,729 | +67.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,447 | -€8,718 | +€4,729 | +35.2% |
| Amounts payable | 17/49 | €8,871 | €11,913 | +€3,042 | +34.3% |
| Amounts payable within one year | 42/48 | €8,871 | €11,913 | +€3,042 | +34.3% |
| Trade debts | 44 | €5,646 | €2,223 | -€3,423 | -60.6% |
| Suppliers | 440/4 | €5,646 | €2,223 | -€3,423 | -60.6% |
| Taxes, remuneration and social security | 45 | €3,225 | €6,440 | +€3,215 | +99.7% |
| Taxes | 450/3 | €3,225 | €6,440 | +€3,215 | +99.7% |
| Other amounts payable | 47/48 | - | €3,250 | +€3,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €190 | - | -€190 | |
| Other operating charges | 640/8 | €2,560 | €524 | -€2,036 | -79.5% |
| Gross operating margin | 9900 | -€839 | €8,656 | +€9,495 | |
| Operating profit (loss) | 9901 | -€3,589 | €8,133 | +€11,722 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €384 | €379 | -€5 | -1.4% |
| Recurring financial charges | 65 | €384 | €379 | -€5 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,973 | €7,756 | +€11,729 | |
| Income taxes | 67/77 | €853 | €3,027 | +€2,173 | +254.8% |
| Profit (loss) for the period | 9904 | -€4,826 | €4,729 | +€9,555 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,826 | €4,729 | +€9,555 |
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 8 October 2026 via checked.be.