INTER FACADE: 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.
INTER FACADE
Largest movements
- Receivables within one year +€428,310
up €428,310 (+155.0%), from €276,303 to €704,613
of which Trade receivables: +€256,771
- Cash -€177,335
down €177,335 (-78.0%), from €227,267 to €49,932
mainly Receivables within one year (-€428,310) and Investment in fixed assets (net) (-€78,557)
- Tangible fixed assets +€68,313
up €68,313 (+144.2%), from €47,387 to €115,700
of which Furniture and vehicles: +€67,316
- Reserves +€213,892
up €213,892 (+93.4%), from €228,927 to €442,819
- Current portion of long-term debt +€86,905
up €86,905 (+791.2%), from €10,984 to €97,889
- Debts after one year +€26,254
up €26,254 (+123.2%), from €21,310 to €47,564
- Trade debts -€13,521
down €13,521 (-12.8%), from €105,426 to €91,905
- Gross operating margin -€23,435
down €23,435 (-6.6%), from €352,611 to €329,176
- Taxes -€6,766
down €6,766 (-6.7%), from €101,574 to €94,808
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.
Cash bridge derived
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 | €551,933 | €871,366 | +€319,433 | +57.9% |
| Fixed assets | 21/28 | €48,087 | €116,400 | +€68,313 | +142.1% |
| Tangible fixed assets | 22/27 | €47,387 | €115,700 | +€68,313 | +144.2% |
| Plant, machinery and equipment | 23 | - | €997 | +€997 | |
| Furniture and vehicles | 24 | €47,387 | €114,703 | +€67,316 | +142.1% |
| Financial fixed assets | 28 | €700 | €700 | = | 0.0% |
| Current assets | 29/58 | €503,846 | €754,966 | +€251,120 | +49.8% |
| Amounts receivable within one year | 40/41 | €276,303 | €704,613 | +€428,310 | +155.0% |
| Trade receivables | 40 | €216,531 | €473,303 | +€256,771 | +118.6% |
| Other amounts receivable | 41 | €59,772 | €231,311 | +€171,539 | +287.0% |
| Cash at bank and in hand | 54/58 | €227,267 | €49,932 | -€177,335 | -78.0% |
| Deferred charges and accrued income | 490/1 | €276 | €421 | +€145 | +52.5% |
| Total equity and liabilities | 10/49 | €551,933 | €871,366 | +€319,433 | +57.9% |
| Equity | 10/15 | €304,734 | €516,960 | +€212,226 | +69.6% |
| Reserves | 13 | €228,927 | €442,819 | +€213,892 | +93.4% |
| Distributable reserves | 133 | €228,927 | €442,819 | +€213,892 | +93.4% |
| Profit (loss) carried forward | 14 | €75,807 | €74,141 | -€1,666 | -2.2% |
| Amounts payable | 17/49 | €247,199 | €354,406 | +€107,207 | +43.4% |
| Amounts payable after more than one year | 17 | €21,310 | €47,564 | +€26,254 | +123.2% |
| Financial debts | 170/4 | €21,310 | €47,564 | +€26,254 | +123.2% |
| Amounts payable within one year | 42/48 | €225,889 | €306,842 | +€80,953 | +35.8% |
| Current portion of amounts payable after more than one year | 42 | €10,984 | €97,889 | +€86,905 | +791.2% |
| Trade debts | 44 | €105,426 | €91,905 | -€13,521 | -12.8% |
| Suppliers | 440/4 | €105,426 | €91,905 | -€13,521 | -12.8% |
| Taxes, remuneration and social security | 45 | €108,313 | €115,882 | +€7,569 | +7.0% |
| Taxes | 450/3 | €108,313 | €115,882 | +€7,569 | +7.0% |
| Other amounts payable | 47/48 | €1,166 | €1,166 | = | 0.0% |
| Non-recurring operating income | 76A | - | €7,438 | +€7,438 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,430 | €10,244 | +€2,814 | +37.9% |
| Other operating charges | 640/8 | €2,328 | €924 | -€1,404 | -60.3% |
| Gross operating margin | 9900 | €352,611 | €329,176 | -€23,435 | -6.6% |
| Operating profit (loss) | 9901 | €342,853 | €318,007 | -€24,846 | -7.2% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €10,687 | €9,307 | -€1,380 | -12.9% |
| Recurring financial charges | 65 | €10,687 | €9,307 | -€1,380 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €332,167 | €308,700 | -€23,467 | -7.1% |
| Income taxes | 67/77 | €101,574 | €94,808 | -€6,766 | -6.7% |
| Profit (loss) for the period | 9904 | €230,593 | €213,892 | -€16,701 | -7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €230,593 | €213,892 | -€16,701 | -7.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.