Intbev: 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.
Intbev
Largest movements
- Receivables within one year -€14,633
down €14,633 (-19.5%), from €75,045 to €60,412
of which Trade receivables: -€12,755
- Cash -€1,575
down €1,575 (-21.1%), from €7,471 to €5,895
mainly Other debts (-€14,000) and Contributions, distributions and other (-€10,000)
- Other debts -€14,000
down €14,000 (-29.2%), from €48,000 to €34,000
- Reserves -€1,377
no longer reported in 2025 (was €1,377)
- Tax, wage and social debts -€1,237
down €1,237 (-10.3%), from €11,980 to €10,744
- Gross operating margin -€19,743
down €19,743 (-62.4%), from €31,626 to €11,883
- Taxes -€4,164
down €4,164 (-59.9%), from €6,954 to €2,790
- Depreciation -€1,840
no longer reported in 2025 (was €1,840)
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 | €83,074 | €66,867 | -€16,207 | -19.5% |
| Current assets | 29/58 | €83,074 | €66,867 | -€16,207 | -19.5% |
| Amounts receivable within one year | 40/41 | €75,045 | €60,412 | -€14,633 | -19.5% |
| Trade receivables | 40 | €12,755 | - | -€12,755 | |
| Other amounts receivable | 41 | €62,290 | €60,412 | -€1,878 | -3.0% |
| Cash at bank and in hand | 54/58 | €7,471 | €5,895 | -€1,575 | -21.1% |
| Deferred charges and accrued income | 490/1 | €558 | €559 | +€1 | +0.2% |
| Total equity and liabilities | 10/49 | €83,074 | €66,867 | -€16,207 | -19.5% |
| Equity | 10/15 | €21,377 | €20,256 | -€1,120 | -5.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,377 | - | -€1,377 | |
| Distributable reserves | 133 | €1,377 | - | -€1,377 | |
| Profit (loss) carried forward | 14 | - | €256 | +€256 | |
| Amounts payable | 17/49 | €61,697 | €46,610 | -€15,087 | -24.5% |
| Amounts payable within one year | 42/48 | €61,697 | €46,610 | -€15,087 | -24.5% |
| Financial debts | 43 | €410 | €487 | +€77 | +18.8% |
| Credit institutions | 430/8 | €410 | €487 | +€77 | +18.8% |
| Trade debts | 44 | €1,307 | €1,380 | +€73 | +5.6% |
| Suppliers | 440/4 | €1,307 | €1,380 | +€73 | +5.6% |
| Taxes, remuneration and social security | 45 | €11,980 | €10,744 | -€1,237 | -10.3% |
| Taxes | 450/3 | €11,980 | €10,744 | -€1,237 | -10.3% |
| Other amounts payable | 47/48 | €48,000 | €34,000 | -€14,000 | -29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,840 | - | -€1,840 | |
| Other operating charges | 640/8 | €566 | €601 | +€35 | +6.1% |
| Gross operating margin | 9900 | €31,626 | €11,883 | -€19,743 | -62.4% |
| Operating profit (loss) | 9901 | €29,219 | €11,282 | -€17,937 | -61.4% |
| Financial income | 75/76B | €687 | €560 | -€127 | -18.5% |
| Recurring financial income | 75 | €687 | €560 | -€127 | -18.5% |
| Financial charges | 65/66B | €235 | €173 | -€62 | -26.4% |
| Recurring financial charges | 65 | €235 | €173 | -€62 | -26.4% |
| Profit (loss) for the period before taxes | 9903 | €29,672 | €11,669 | -€18,002 | -60.7% |
| Income taxes | 67/77 | €6,954 | €2,790 | -€4,164 | -59.9% |
| Profit (loss) for the period | 9904 | €22,718 | €8,880 | -€13,838 | -60.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,718 | €8,880 | -€13,838 | -60.9% |
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 6 October 2026 via checked.be.