INTER ACTIF: what changed
INTER ACTIF
Largest movements
- Receivables within one year +€35,246
up €35,246 (+37.3%), from €94,518 to €129,764
of which Other amounts receivable: +€27,870
- Tangible fixed assets +€34,727
up €34,727 (+89.5%), from €38,796 to €73,523
of which Furniture and vehicles: +€35,570
- Cash -€21,662
down €21,662 (-44.8%), from €48,346 to €26,684
mainly Investment in fixed assets (net) (-€48,869) and Receivables within one year (-€35,246)
- Reserves +€30,331
up €30,331 (+54.5%), from €55,690 to €86,021
of which Distributable reserves: +€30,331
- Debts after one year +€11,327
new in 2025: €11,327
- Tax, wage and social debts +€8,085
up €8,085 (+52.7%), from €15,334 to €23,419
- Current portion of long-term debt -€2,556
down €2,556 (-28.1%), from €9,093 to €6,537
- Financial income +€19,962
new in 2025: €19,962
of which Non-recurring financial income: +€15,000
- Taxes +€12,628
up €12,628 (+212%), from €5,955 to €18,583
- Depreciation -€9,631
down €9,631 (-40.5%), from €23,773 to €14,142
- Gross operating margin +€6,405
up €6,405 (+15.5%), from €41,277 to €47,682
- Other operating charges +€1,903
up €1,903 (+153%), from €1,247 to €3,150
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €198,051 | €246,135 | +€48,084 | +24.3% |
| Fixed assets | 21/28 | €38,796 | €73,523 | +€34,727 | +89.5% |
| Tangible fixed assets | 22/27 | €38,796 | €73,523 | +€34,727 | +89.5% |
| Land and buildings | 22 | €1,504 | €660 | -€844 | -56.1% |
| Furniture and vehicles | 24 | €37,292 | €72,862 | +€35,570 | +95.4% |
| Current assets | 29/58 | €159,255 | €172,612 | +€13,357 | +8.4% |
| Amounts receivable after more than one year | 29 | €3,809 | €3,809 | +€0 | 0.0% |
| Other amounts receivable | 291 | €3,809 | €3,809 | +€0 | 0.0% |
| Stocks and contracts in progress | 3 | €12,582 | €10,847 | -€1,735 | -13.8% |
| Stocks | 30/36 | €12,582 | €10,847 | -€1,735 | -13.8% |
| Amounts receivable within one year | 40/41 | €94,518 | €129,764 | +€35,246 | +37.3% |
| Trade receivables | 40 | €16,369 | €23,745 | +€7,376 | +45.1% |
| Other amounts receivable | 41 | €78,149 | €106,019 | +€27,870 | +35.7% |
| Cash at bank and in hand | 54/58 | €48,346 | €26,684 | -€21,662 | -44.8% |
| Deferred charges and accrued income | 490/1 | - | €1,509 | +€1,509 | |
| Total equity and liabilities | 10/49 | €198,051 | €246,135 | +€48,084 | +24.3% |
| Equity | 10/15 | €143,729 | €174,061 | +€30,332 | +21.1% |
| Contributions | 10/11 | €6,197 | €6,197 | +€0 | 0.0% |
| Reserves | 13 | €55,690 | €86,021 | +€30,331 | +54.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €53,830 | €84,161 | +€30,331 | +56.3% |
| Profit (loss) carried forward | 14 | €81,842 | €81,842 | +€0 | 0.0% |
| Amounts payable | 17/49 | €54,322 | €72,074 | +€17,752 | +32.7% |
| Amounts payable after more than one year | 17 | - | €11,327 | +€11,327 | |
| Financial debts | 170/4 | - | €11,327 | +€11,327 | |
| Amounts payable within one year | 42/48 | €54,322 | €60,748 | +€6,426 | +11.8% |
| Current portion of amounts payable after more than one year | 42 | €9,093 | €6,537 | -€2,556 | -28.1% |
| Trade debts | 44 | €1,265 | €2,162 | +€897 | +70.9% |
| Suppliers | 440/4 | €1,265 | €2,162 | +€897 | +70.9% |
| Taxes, remuneration and social security | 45 | €15,334 | €23,419 | +€8,085 | +52.7% |
| Taxes | 450/3 | €15,334 | €23,419 | +€8,085 | +52.7% |
| Other amounts payable | 47/48 | €28,630 | €28,630 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,773 | €14,142 | -€9,631 | -40.5% |
| Other operating charges | 640/8 | €1,247 | €3,150 | +€1,903 | +153% |
| Gross operating margin | 9900 | €41,277 | €47,682 | +€6,405 | +15.5% |
| Operating profit (loss) | 9901 | €16,257 | €30,389 | +€14,132 | +86.9% |
| Financial income | 75/76B | - | €19,962 | +€19,962 | |
| Recurring financial income | 75 | - | €4,962 | +€4,962 | |
| Non-recurring financial income | 76B | - | €15,000 | +€15,000 | |
| Financial charges | 65/66B | €1,470 | €1,437 | -€33 | -2.2% |
| Recurring financial charges | 65 | €1,470 | €1,437 | -€33 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €14,787 | €48,914 | +€34,127 | +231% |
| Income taxes | 67/77 | €5,955 | €18,583 | +€12,628 | +212% |
| Profit (loss) for the period | 9904 | €8,832 | €30,331 | +€21,499 | +243% |
| Profit (loss) for the period to be appropriated | 9905 | €8,832 | €30,331 | +€21,499 | +243% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.