L'INTUITION: 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.
L'INTUITION
Largest movements
- Cash +€50,401
up €50,401 (+71.9%), from €70,054 to €120,455
mainly Net result for the year (+€37,455) and Tax, wage and social debts (+€26,993)
- Receivables within one year +€26,729
up €26,729 (+133%), from €20,168 to €46,897
of which Trade receivables: +€17,157
- Tangible fixed assets -€8,806
down €8,806 (-19.9%), from €44,354 to €35,548
of which Plant, machinery and equipment: -€5,367
- Reserves +€37,455
up €37,455 (+115%), from €32,642 to €70,098
- Tax, wage and social debts +€26,993
up €26,993 (+82.3%), from €32,796 to €59,789
of which Taxes: +€21,728
- Current portion of long-term debt +€17,512
up €17,512 (+137%), from €12,763 to €30,274
- Debts after one year -€13,274
down €13,274 (-32.8%), from €40,500 to €27,226
- Gross operating margin +€47,478
up €47,478 (+32.6%), from €145,677 to €193,154
- Taxes +€24,099
up €24,099 (+203%), from €11,854 to €35,953
- Staff costs +€20,914
up €20,914 (+24.8%), from €84,347 to €105,261
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 | €138,243 | €207,190 | +€68,947 | +49.9% |
| Fixed assets | 21/28 | €44,354 | €35,548 | -€8,806 | -19.9% |
| Tangible fixed assets | 22/27 | €44,354 | €35,548 | -€8,806 | -19.9% |
| Plant, machinery and equipment | 23 | €21,165 | €15,799 | -€5,367 | -25.4% |
| Furniture and vehicles | 24 | €5,156 | €3,698 | -€1,458 | -28.3% |
| Other tangible fixed assets | 26 | €18,033 | €16,051 | -€1,982 | -11.0% |
| Current assets | 29/58 | €93,889 | €171,642 | +€77,753 | +82.8% |
| Stocks and contracts in progress | 3 | €2,348 | €2,348 | = | 0.0% |
| Stocks | 30/36 | €2,348 | €2,348 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,168 | €46,897 | +€26,729 | +133% |
| Trade receivables | 40 | - | €17,157 | +€17,157 | |
| Other amounts receivable | 41 | €20,168 | €29,739 | +€9,571 | +47.5% |
| Cash at bank and in hand | 54/58 | €70,054 | €120,455 | +€50,401 | +71.9% |
| Deferred charges and accrued income | 490/1 | €1,319 | €1,942 | +€623 | +47.2% |
| Total equity and liabilities | 10/49 | €138,243 | €207,190 | +€68,947 | +49.9% |
| Equity | 10/15 | €44,642 | €82,098 | +€37,455 | +83.9% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €32,642 | €70,098 | +€37,455 | +115% |
| Distributable reserves | 133 | €32,642 | €70,098 | +€37,455 | +115% |
| Amounts payable | 17/49 | €93,601 | €125,092 | +€31,491 | +33.6% |
| Amounts payable after more than one year | 17 | €40,500 | €27,226 | -€13,274 | -32.8% |
| Financial debts | 170/4 | €40,500 | €27,226 | -€13,274 | -32.8% |
| Amounts payable within one year | 42/48 | €52,047 | €96,836 | +€44,789 | +86.1% |
| Current portion of amounts payable after more than one year | 42 | €12,763 | €30,274 | +€17,512 | +137% |
| Trade debts | 44 | €6,489 | €6,773 | +€284 | +4.4% |
| Suppliers | 440/4 | €6,489 | €6,773 | +€284 | +4.4% |
| Taxes, remuneration and social security | 45 | €32,796 | €59,789 | +€26,993 | +82.3% |
| Taxes | 450/3 | €19,953 | €41,681 | +€21,728 | +109% |
| Remuneration and social security | 454/9 | €12,843 | €18,108 | +€5,265 | +41.0% |
| Accrued charges and deferred income | 492/3 | €1,054 | €1,031 | -€23 | -2.2% |
| Remuneration, social security and pensions | 62 | €84,347 | €105,261 | +€20,914 | +24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,795 | €10,503 | -€292 | -2.7% |
| Other operating charges | 640/8 | €976 | €988 | +€12 | +1.2% |
| Gross operating margin | 9900 | €145,677 | €193,154 | +€47,478 | +32.6% |
| Operating profit (loss) | 9901 | €49,558 | €76,403 | +€26,845 | +54.2% |
| Financial income | 75/76B | €441 | €1,283 | +€842 | +191% |
| Recurring financial income | 75 | €441 | €1,283 | +€842 | +191% |
| Financial charges | 65/66B | €5,502 | €4,277 | -€1,225 | -22.3% |
| Recurring financial charges | 65 | €5,502 | €4,277 | -€1,225 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | €44,497 | €73,409 | +€28,912 | +65.0% |
| Income taxes | 67/77 | €11,854 | €35,953 | +€24,099 | +203% |
| Profit (loss) for the period | 9904 | €32,642 | €37,455 | +€4,813 | +14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €32,642 | €37,455 | +€4,813 | +14.7% |
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 15 October 2026 via checked.be.