INTER-CERAM: 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.
What changed
INTER-CERAM
NACE 46.835, Wholesale trade
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€1.1m
2023 · -€580,681-€475,580
Equity
€2.1m
2023 · €1.2m+€943,739
Cash
€18,925
2023 · €35,784-€16,859
Balance sheet total
€6.1m
2023 · €6.9m-€781,487
Largest movements
Assets
- Stocks and contracts -€637,189
down €637,189 (-12.5%), from €5.1m to €4.5m
- Receivables within one year -€297,257
down €297,257 (-34.2%), from €868,680 to €571,422
of which Trade receivables: -€296,704
- Tangible fixed assets +€186,619
up €186,619 (+29.8%), from €625,846 to €812,465
of which Plant, machinery and equipment: +€136,473
Equity and liabilities
- Other debts -€1.2m
down €1.2m (-54.3%), from €2.2m to €1.0m
- Contributions +€694,670
up €694,670 (+27.8%), from €2.5m to €3.2m
- Trade debts -€379,121
down €379,121 (-23.3%), from €1.6m to €1.3m
- Profit (loss) carried forward +€249,069
up €249,069 (+19.1%), from -€1.3m to -€1.1m
- Tax, wage and social debts -€96,894
down €96,894 (-27.2%), from €356,184 to €259,290
of which Taxes: -€85,843
Income statement
- Turnover -€2.0m
down €2.0m (-18.9%), from €10.8m to €8.8m
- Goods and materials -€1.4m
down €1.4m (-19.0%), from €7.5m to €6.1m
of which Purchases: -€1.4m
- Write-downs +€357,221
up €357,221, from -€303,921 to €53,299
- Services and other goods -€255,347
down €255,347 (-10.5%), from €2.4m to €2.2m
- Depreciation -€185,515
down €185,515 (-100.0%), from €185,515 to €0
From the 2023 result to the 2024 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.
Result 2023
-€580,681
Turnover
-€2.0m
Other operating income
+€2,601
Goods and materials
+€1.4m
Services and other goods
+€255,347
Staff costs
+€102,431
Depreciation
+€185,515
Write-downs
-€357,221
Other operating charges
+€6,097
Financial income
+€457
Financial charges
-€45,864
Taxes
-€2,030
Result 2024
-€1.1m
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€1.8m
Investment
-€141,619
Financing
+€1.9m
Cash 2023
€35,784
From operations (derived)
-€1.8m
Net result for the year
-€1.1m
Stocks and contracts
+€637,189
Receivables within one year
+€297,257
Deferred charges and accrued income
-€28,199
Trade debts
-€379,121
Tax, wage and social debts
-€96,894
Advances received
+€50,540
Other debts
-€1.2m
Investment (derived)
-€141,619
Investment in fixed assets (net)
-€141,619
Financing
+€1.9m
Debts after one year
-€64,371
Current portion of long-term debt
-€28,620
Contributions, distributions and other
+€2.0m
Cash 2024
€18,925
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,905,952 | €6,124,464 | -€781,487 | -11.3% |
| Fixed assets | 21/28 | €909,637 | €1,051,256 | +€141,619 | +15.6% |
| Tangible fixed assets | 22/27 | €625,846 | €812,465 | +€186,619 | +29.8% |
| Land and buildings | 22 | €55,621 | €73,856 | +€18,235 | +32.8% |
| Plant, machinery and equipment | 23 | €284,282 | €420,756 | +€136,473 | +48.0% |
| Furniture and vehicles | 24 | €270,778 | €302,689 | +€31,910 | +11.8% |
| Other tangible fixed assets | 26 | €15,164 | €15,164 | = | 0.0% |
| Financial fixed assets | 28 | €283,791 | €238,791 | -€45,000 | -15.9% |
| Affiliated companies | 280/1 | €235,384 | €235,384 | = | 0.0% |
| Participating interests | 280 | €235,384 | €235,384 | = | 0.0% |
| Other financial fixed assets | 284/8 | €48,407 | €3,407 | -€45,000 | -93.0% |
| Amounts receivable and cash guarantees | 285/8 | €48,407 | €3,407 | -€45,000 | -93.0% |
| Current assets | 29/58 | €5,996,315 | €5,073,209 | -€923,106 | -15.4% |
| Stocks and contracts in progress | 3 | €5,091,851 | €4,454,662 | -€637,189 | -12.5% |
| Stocks | 30/36 | €5,091,851 | €4,454,662 | -€637,189 | -12.5% |
| Goods purchased for resale | 34 | €5,091,851 | €4,454,662 | -€637,189 | -12.5% |
| Amounts receivable within one year | 40/41 | €868,680 | €571,422 | -€297,257 | -34.2% |
| Trade receivables | 40 | €866,382 | €569,678 | -€296,704 | -34.2% |
| Other amounts receivable | 41 | €2,297 | €1,744 | -€553 | -24.1% |
| Cash at bank and in hand | 54/58 | €35,784 | €18,925 | -€16,859 | -47.1% |
| Deferred charges and accrued income | 490/1 | €0 | €28,199 | +€28,199 | |
| Total equity and liabilities | 10/49 | €6,905,952 | €6,124,464 | -€781,487 | -11.3% |
| Equity | 10/15 | €1,194,670 | €2,138,409 | +€943,739 | +79.0% |
| Contributions | 10/11 | €2,500,000 | €3,194,670 | +€694,670 | +27.8% |
| Capital | 10 | €2,500,000 | €3,194,670 | +€694,670 | +27.8% |
| Issued capital | 100 | €2,500,000 | €3,194,670 | +€694,670 | +27.8% |
| Profit (loss) carried forward | 14 | -€1,305,330 | -€1,056,261 | +€249,069 | +19.1% |
| Amounts payable | 17/49 | €5,711,282 | €3,986,055 | -€1.7m | -30.2% |
| Amounts payable after more than one year | 17 | €64,371 | €0 | -€64,371 | -100.0% |
| Financial debts | 170/4 | €64,371 | €0 | -€64,371 | -100.0% |
| Subordinated loans | 170 | €15,000 | €0 | -€15,000 | -100.0% |
| Credit institutions | 173 | €49,371 | €0 | -€49,371 | -100.0% |
| Amounts payable within one year | 42/48 | €5,646,911 | €3,986,055 | -€1.7m | -29.4% |
| Current portion of amounts payable after more than one year | 42 | €77,991 | €49,371 | -€28,620 | -36.7% |
| Financial debts | 43 | €1,250,000 | €1,250,000 | = | 0.0% |
| Credit institutions | 430/8 | €1,250,000 | €1,250,000 | = | 0.0% |
| Trade debts | 44 | €1,630,245 | €1,251,124 | -€379,121 | -23.3% |
| Suppliers | 440/4 | €1,630,245 | €1,251,124 | -€379,121 | -23.3% |
| Advances received on contracts in progress | 46 | €111,848 | €162,389 | +€50,540 | +45.2% |
| Taxes, remuneration and social security | 45 | €356,184 | €259,290 | -€96,894 | -27.2% |
| Taxes | 450/3 | €163,641 | €77,797 | -€85,843 | -52.5% |
| Remuneration and social security | 454/9 | €192,544 | €181,493 | -€11,051 | -5.7% |
| Other amounts payable | 47/48 | €2,220,642 | €1,013,881 | -€1.2m | -54.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Operating income | 70/76A | €10,855,565 | €8,815,675 | -€2.0m | -18.8% |
| Turnover | 70 | €10,807,402 | €8,764,912 | -€2.0m | -18.9% |
| Other operating income | 74 | €48,163 | €50,763 | +€2,601 | +5.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €11,201,339 | €9,589,592 | -€1.6m | -14.4% |
| Goods for resale, raw materials and consumables | 60 | €7,482,941 | €6,063,363 | -€1.4m | -19.0% |
| Purchases | 600/8 | €6,808,785 | €5,426,174 | -€1.4m | -20.3% |
| Change in stocks: decrease (increase) | 609 | €674,156 | €637,189 | -€36,967 | -5.5% |
| Services and other goods | 61 | €2,432,878 | €2,177,532 | -€255,347 | -10.5% |
| Remuneration, social security and pensions | 62 | €1,367,104 | €1,264,673 | -€102,431 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €185,515 | €0 | -€185,515 | -100.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€303,921 | €53,299 | +€357,221 | |
| Other operating charges | 640/8 | €36,821 | €30,724 | -€6,097 | -16.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | -€345,774 | -€773,917 | -€428,143 | -123.8% |
| Financial income | 75/76B | - | €457 | +€457 | |
| Recurring financial income | 75 | - | €457 | +€457 | |
| Income from current assets | 751 | - | €185 | +€185 | |
| Other financial income | 752/9 | - | €273 | +€273 | |
| Financial charges | 65/66B | €233,202 | €279,066 | +€45,864 | +19.7% |
| Recurring financial charges | 65 | €233,202 | €279,066 | +€45,864 | +19.7% |
| Debt charges | 650 | €153,644 | €222,098 | +€68,454 | +44.6% |
| Other financial charges | 652/9 | €79,558 | €56,968 | -€22,590 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | -€578,976 | -€1,052,526 | -€473,550 | -81.8% |
| Income taxes | 67/77 | €1,705 | €3,735 | +€2,030 | +119.1% |
| Taxes | 670/3 | €1,705 | €3,735 | +€2,030 | +119.1% |
| Profit (loss) for the period | 9904 | -€580,681 | -€1,056,261 | -€475,580 | -81.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€580,681 | -€1,056,261 | -€475,580 | -81.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.