INTER - ACTIVA: 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.
INTER - ACTIVA
Largest movements
- Receivables within one year -€211,151
down €211,151 (-82.6%), from €255,712 to €44,561
of which Trade receivables: -€212,503
- Tangible fixed assets -€48,861
down €48,861 (-8.8%), from €553,360 to €504,500
of which Plant, machinery and equipment: -€51,078
- Cash +€45,768
up €45,768 (+17.2%), from €265,701 to €311,469
mainly Receivables within one year (+€211,151) and Depreciation (+€84,502)
- Reserves -€272,679
down €272,679 (-99.9%), from €273,000 to €321
of which Distributable reserves: -€192,165
- Other debts +€70,942
up €70,942 (+9,086%), from €781 to €71,723
- Trade debts -€18,722
down €18,722 (-46.5%), from €40,267 to €21,546
- Gross operating margin -€136,876
down €136,876 (-62.1%), from €220,254 to €83,378
- Depreciation -€35,975
down €35,975 (-29.9%), from €120,477 to €84,502
- Taxes +€8,731
new in 2025: €8,731
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 | €1,079,217 | €863,582 | -€215,635 | -20.0% |
| Fixed assets | 21/28 | €555,424 | €504,500 | -€50,924 | -9.2% |
| Intangible fixed assets | 21 | €2,064 | - | -€2,064 | |
| Tangible fixed assets | 22/27 | €553,360 | €504,500 | -€48,861 | -8.8% |
| Land and buildings | 22 | €380,619 | €383,773 | +€3,153 | +0.8% |
| Plant, machinery and equipment | 23 | €169,510 | €118,432 | -€51,078 | -30.1% |
| Furniture and vehicles | 24 | €3,231 | €2,294 | -€936 | -29.0% |
| Current assets | 29/58 | €523,793 | €359,083 | -€164,711 | -31.4% |
| Amounts receivable within one year | 40/41 | €255,712 | €44,561 | -€211,151 | -82.6% |
| Trade receivables | 40 | €254,790 | €42,288 | -€212,503 | -83.4% |
| Other amounts receivable | 41 | €922 | €2,274 | +€1,352 | +147% |
| Cash at bank and in hand | 54/58 | €265,701 | €311,469 | +€45,768 | +17.2% |
| Deferred charges and accrued income | 490/1 | €2,380 | €3,053 | +€672 | +28.2% |
| Total equity and liabilities | 10/49 | €1,079,217 | €863,582 | -€215,635 | -20.0% |
| Equity | 10/15 | €1,036,407 | €763,476 | -€272,931 | -26.3% |
| Contributions | 10/11 | €763,155 | €763,155 | = | 0.0% |
| Reserves | 13 | €273,000 | €321 | -€272,679 | -99.9% |
| Tax-exempt reserves | 132 | €80,513 | - | -€80,513 | |
| Distributable reserves | 133 | €192,487 | €321 | -€192,165 | -99.8% |
| Profit (loss) carried forward | 14 | €252 | - | -€252 | |
| Amounts payable | 17/49 | €42,811 | €100,107 | +€57,296 | +134% |
| Amounts payable within one year | 42/48 | €42,811 | €100,064 | +€57,254 | +134% |
| Trade debts | 44 | €40,267 | €21,546 | -€18,722 | -46.5% |
| Suppliers | 440/4 | €40,267 | €21,546 | -€18,722 | -46.5% |
| Taxes, remuneration and social security | 45 | €1,762 | €6,795 | +€5,033 | +286% |
| Taxes | 450/3 | €1,762 | €6,795 | +€5,033 | +286% |
| Other amounts payable | 47/48 | €781 | €71,723 | +€70,942 | +9,086% |
| Accrued charges and deferred income | 492/3 | - | €42 | +€42 | |
| Non-recurring operating income | 76A | - | €18,975 | +€18,975 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €120,477 | €84,502 | -€35,975 | -29.9% |
| Other operating charges | 640/8 | €5,516 | €5,658 | +€142 | +2.6% |
| Non-recurring operating charges | 66A | €116 | - | -€116 | |
| Gross operating margin | 9900 | €220,254 | €83,378 | -€136,876 | -62.1% |
| Operating profit (loss) | 9901 | €94,145 | -€6,782 | -€100,927 | |
| Financial income | 75/76B | €3,372 | €3,933 | +€562 | +16.7% |
| Recurring financial income | 75 | €3,372 | €3,933 | +€562 | +16.7% |
| Financial charges | 65/66B | €56 | €127 | +€71 | +127% |
| Recurring financial charges | 65 | €56 | €127 | +€71 | +127% |
| Profit (loss) for the period before taxes | 9903 | €97,461 | -€2,976 | -€100,437 | |
| Income taxes | 67/77 | - | €8,731 | +€8,731 | |
| Profit (loss) for the period | 9904 | €97,461 | -€11,707 | -€109,167 | |
| Transfer from tax-exempt reserves | 789 | - | €80,513 | +€80,513 | |
| Transfer to tax-exempt reserves | 689 | €43,865 | - | -€43,865 | |
| Profit (loss) for the period to be appropriated | 9905 | €53,595 | €68,807 | +€15,212 | +28.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.