INTER DO: 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 DO
Largest movements
- Tangible fixed assets -€35,727
down €35,727 (-6.9%), from €518,960 to €483,233
of which Land and buildings: -€22,122
- Cash +€9,461
up €9,461, from €0 to €9,461
mainly Depreciation (+€37,771) and Net result for the year (+€28,179)
- Debts after one year -€28,192
down €28,192 (-38.4%), from €73,486 to €45,294
- Other debts +€16,511
new in 2025: €16,511
- Trade debts -€14,766
down €14,766 (-42.8%), from €34,522 to €19,756
- Reserves +€10,757
up €10,757 (+4.6%), from €232,582 to €243,339
of which Distributable reserves: +€19,638
- Short-term financial debts -€9,518
down €9,518 (-99.8%), from €9,535 to €17
- Gross operating margin +€43,632
up €43,632 (+120%), from €36,501 to €80,133
- Taxes +€11,157
up €11,157 (+261%), from €4,270 to €15,427
- Depreciation +€6,116
up €6,116 (+19.3%), from €31,654 to €37,771
- Other operating charges -€5,862
down €5,862 (-65.8%), from €8,909 to €3,046
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 | €657,817 | €634,519 | -€23,298 | -3.5% |
| Fixed assets | 21/28 | €519,271 | €483,569 | -€35,702 | -6.9% |
| Tangible fixed assets | 22/27 | €518,960 | €483,233 | -€35,727 | -6.9% |
| Land and buildings | 22 | €455,532 | €433,411 | -€22,122 | -4.9% |
| Plant, machinery and equipment | 23 | €2,962 | €3,340 | +€378 | +12.8% |
| Furniture and vehicles | 24 | €6,275 | €4,803 | -€1,472 | -23.5% |
| Leasing and similar rights | 25 | €54,190 | €41,680 | -€12,511 | -23.1% |
| Financial fixed assets | 28 | €311 | €336 | +€25 | +8.0% |
| Current assets | 29/58 | €138,546 | €150,950 | +€12,404 | +9.0% |
| Amounts receivable after more than one year | 29 | €80,000 | €80,000 | = | 0.0% |
| Trade receivables | 290 | €80,000 | €80,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €56,674 | €59,755 | +€3,081 | +5.4% |
| Trade receivables | 40 | €11,069 | €23,521 | +€12,453 | +113% |
| Other amounts receivable | 41 | €45,606 | €36,234 | -€9,372 | -20.5% |
| Cash at bank and in hand | 54/58 | €0 | €9,461 | +€9,461 | |
| Deferred charges and accrued income | 490/1 | €1,872 | €1,734 | -€137 | -7.3% |
| Total equity and liabilities | 10/49 | €657,817 | €634,519 | -€23,298 | -3.5% |
| Equity | 10/15 | €421,765 | €432,522 | +€10,757 | +2.6% |
| Contributions | 10/11 | €180,417 | €180,417 | = | 0.0% |
| Reserves | 13 | €232,582 | €243,339 | +€10,757 | +4.6% |
| Tax-exempt reserves | 132 | €177,623 | €168,742 | -€8,881 | -5.0% |
| Distributable reserves | 133 | €54,959 | €74,598 | +€19,638 | +35.7% |
| Profit (loss) carried forward | 14 | €8,766 | €8,766 | = | 0.0% |
| Provisions and deferred taxes | 16 | €91,462 | €86,889 | -€4,573 | -5.0% |
| Deferred taxes | 168 | €91,462 | €86,889 | -€4,573 | -5.0% |
| Amounts payable | 17/49 | €144,590 | €115,108 | -€29,482 | -20.4% |
| Amounts payable after more than one year | 17 | €73,486 | €45,294 | -€28,192 | -38.4% |
| Financial debts | 170/4 | €73,486 | €45,294 | -€28,192 | -38.4% |
| Amounts payable within one year | 42/48 | €71,104 | €69,814 | -€1,290 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €27,047 | €28,192 | +€1,145 | +4.2% |
| Financial debts | 43 | €9,535 | €17 | -€9,518 | -99.8% |
| Credit institutions | 430/8 | €9,535 | €17 | -€9,518 | -99.8% |
| Trade debts | 44 | €34,522 | €19,756 | -€14,766 | -42.8% |
| Suppliers | 440/4 | €34,522 | €19,756 | -€14,766 | -42.8% |
| Taxes, remuneration and social security | 45 | €0 | €5,338 | +€5,338 | |
| Taxes | 450/3 | €0 | €3,838 | +€3,838 | |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | - | €16,511 | +€16,511 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,654 | €37,771 | +€6,116 | +19.3% |
| Other operating charges | 640/8 | €8,909 | €3,046 | -€5,862 | -65.8% |
| Gross operating margin | 9900 | €36,501 | €80,133 | +€43,632 | +120% |
| Operating profit (loss) | 9901 | -€4,062 | €39,316 | +€43,378 | |
| Financial income | 75/76B | €4,009 | €3,900 | -€109 | -2.7% |
| Recurring financial income | 75 | €4,009 | €3,900 | -€109 | -2.7% |
| Financial charges | 65/66B | €4,630 | €4,183 | -€447 | -9.7% |
| Recurring financial charges | 65 | €4,630 | €4,183 | -€447 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,683 | €39,033 | +€43,716 | |
| Transfer from deferred taxes | 780 | €4,573 | €4,573 | = | 0.0% |
| Income taxes | 67/77 | €4,270 | €15,427 | +€11,157 | +261% |
| Profit (loss) for the period | 9904 | -€4,380 | €28,179 | +€32,559 | |
| Transfer from tax-exempt reserves | 789 | €8,881 | €8,881 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,501 | €37,060 | +€32,559 | +723% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.