INTER-BATI'RENOV: 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-BATI'RENOV
Largest movements
- Cash +€124,246
up €124,246 (+435%), from €28,570 to €152,816
mainly Receivables within one year (+€79,251) and Stocks and contracts (+€60,000)
- Receivables within one year -€79,251
down €79,251 (-61.0%), from €129,899 to €50,648
of which Trade receivables: -€79,258
- Stocks and contracts -€60,000
no longer reported in 2025 (was €60,000)
- Tangible fixed assets -€21,231
down €21,231 (-40.5%), from €52,439 to €31,208
of which Furniture and vehicles: -€19,641
- Tax, wage and social debts -€36,067
down €36,067 (-83.8%), from €43,034 to €6,967
of which Taxes: -€37,547
- Debts after one year -€14,496
down €14,496 (-37.2%), from €39,018 to €24,522
- Trade debts +€7,128
up €7,128 (+76.7%), from €9,299 to €16,428
- Profit (loss) carried forward +€6,180
up €6,180 (+2.2%), from €280,478 to €286,658
- Gross operating margin +€13,748
up €13,748 (+77.9%), from €17,643 to €31,390
- Other operating charges -€3,552
down €3,552 (-62.2%), from €5,712 to €2,159
- Depreciation -€1,449
down €1,449 (-6.4%), from €22,681 to €21,231
- Financial charges -€470
down €470 (-22.8%), from €2,059 to €1,589
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 | €524,698 | €488,606 | -€36,093 | -6.9% |
| Fixed assets | 21/28 | €303,389 | €282,158 | -€21,231 | -7.0% |
| Tangible fixed assets | 22/27 | €52,439 | €31,208 | -€21,231 | -40.5% |
| Plant, machinery and equipment | 23 | €2,419 | €1,269 | -€1,150 | -47.6% |
| Furniture and vehicles | 24 | €49,452 | €29,811 | -€19,641 | -39.7% |
| Leasing and similar rights | 25 | €568 | €128 | -€440 | -77.5% |
| Financial fixed assets | 28 | €250,950 | €250,950 | = | 0.0% |
| Current assets | 29/58 | €221,309 | €206,448 | -€14,861 | -6.7% |
| Stocks and contracts in progress | 3 | €60,000 | - | -€60,000 | |
| Stocks | 30/36 | €60,000 | - | -€60,000 | |
| Amounts receivable within one year | 40/41 | €129,899 | €50,648 | -€79,251 | -61.0% |
| Trade receivables | 40 | €127,529 | €48,270 | -€79,258 | -62.1% |
| Other amounts receivable | 41 | €2,370 | €2,378 | +€8 | +0.3% |
| Cash at bank and in hand | 54/58 | €28,570 | €152,816 | +€124,246 | +435% |
| Deferred charges and accrued income | 490/1 | €2,841 | €2,984 | +€144 | +5.1% |
| Total equity and liabilities | 10/49 | €524,698 | €488,606 | -€36,093 | -6.9% |
| Equity | 10/15 | €289,838 | €296,018 | +€6,180 | +2.1% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €280,478 | €286,658 | +€6,180 | +2.2% |
| Amounts payable | 17/49 | €234,860 | €192,587 | -€42,273 | -18.0% |
| Amounts payable after more than one year | 17 | €39,018 | €24,522 | -€14,496 | -37.2% |
| Financial debts | 170/4 | €39,018 | €24,522 | -€14,496 | -37.2% |
| Amounts payable within one year | 42/48 | €195,842 | €168,065 | -€27,777 | -14.2% |
| Current portion of amounts payable after more than one year | 42 | €14,335 | €14,496 | +€161 | +1.1% |
| Trade debts | 44 | €9,299 | €16,428 | +€7,128 | +76.7% |
| Suppliers | 440/4 | €9,299 | €16,428 | +€7,128 | +76.7% |
| Taxes, remuneration and social security | 45 | €43,034 | €6,967 | -€36,067 | -83.8% |
| Taxes | 450/3 | €43,034 | €5,487 | -€37,547 | -87.2% |
| Remuneration and social security | 454/9 | - | €1,480 | +€1,480 | |
| Other amounts payable | 47/48 | €129,173 | €130,174 | +€1,001 | +0.8% |
| Non-recurring operating income | 76A | €6,408 | - | -€6,408 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,681 | €21,231 | -€1,449 | -6.4% |
| Other operating charges | 640/8 | €5,712 | €2,159 | -€3,552 | -62.2% |
| Gross operating margin | 9900 | €17,643 | €31,390 | +€13,748 | +77.9% |
| Operating profit (loss) | 9901 | -€10,750 | €8,000 | +€18,749 | |
| Financial income | 75/76B | €1 | €4 | +€3 | +287% |
| Recurring financial income | 75 | €1 | €4 | +€3 | +287% |
| Financial charges | 65/66B | €2,059 | €1,589 | -€470 | -22.8% |
| Recurring financial charges | 65 | €2,059 | €1,589 | -€470 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | -€12,808 | €6,414 | +€19,222 | |
| Income taxes | 67/77 | €257 | €234 | -€22 | -8.7% |
| Profit (loss) for the period | 9904 | -€13,064 | €6,180 | +€19,244 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,064 | €6,180 | +€19,244 |
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 23 October 2026 via checked.be.