INTER FINANCE: 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 FINANCE
Largest movements
- Cash +€661,599
up €661,599 (+332%), from €199,432 to €861,031
mainly Net result for the year (+€594,830) and Receivables within one year (+€293,132)
- Receivables within one year -€293,132
down €293,132 (-7.4%), from €3.9m to €3.7m
of which Other amounts receivable: -€257,923
- Current investments +€194,445
up €194,445 (+6.4%), from €3.1m to €3.3m
- Reserves +€594,830
up €594,830 (+6.9%), from €8.6m to €9.2m
of which Distributable reserves: +€594,830
- Financial income +€292,987
up €292,987 (+112%), from €260,434 to €553,422
- Taxes +€62,994
up €62,994 (+60.3%), from €104,464 to €167,459
- Depreciation -€19,907
down €19,907 (-9.2%), from €216,838 to €196,931
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 | €9,016,777 | €9,621,222 | +€604,444 | +6.7% |
| Fixed assets | 21/28 | €1,751,916 | €1,761,908 | +€9,992 | +0.6% |
| Tangible fixed assets | 22/27 | €1,682,400 | €1,692,392 | +€9,992 | +0.6% |
| Land and buildings | 22 | €1,682,400 | €1,692,392 | +€9,992 | +0.6% |
| Financial fixed assets | 28 | €69,517 | €69,517 | = | 0.0% |
| Current assets | 29/58 | €7,264,861 | €7,859,313 | +€594,452 | +8.2% |
| Amounts receivable within one year | 40/41 | €3,947,912 | €3,654,780 | -€293,132 | -7.4% |
| Trade receivables | 40 | €35,412 | €204 | -€35,208 | -99.4% |
| Other amounts receivable | 41 | €3,912,500 | €3,654,577 | -€257,923 | -6.6% |
| Current investments | 50/53 | €3,059,027 | €3,253,472 | +€194,445 | +6.4% |
| Cash at bank and in hand | 54/58 | €199,432 | €861,031 | +€661,599 | +332% |
| Deferred charges and accrued income | 490/1 | €58,490 | €90,029 | +€31,539 | +53.9% |
| Total equity and liabilities | 10/49 | €9,016,777 | €9,621,222 | +€604,444 | +6.7% |
| Equity | 10/15 | €8,977,968 | €9,550,724 | +€572,755 | +6.4% |
| Contributions | 10/11 | €62,353 | €62,353 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Contributions outside capital | 11 | €353 | €353 | = | 0.0% |
| Share premium | 1100/10 | €353 | €353 | = | 0.0% |
| Reserves | 13 | €8,636,892 | €9,231,722 | +€594,830 | +6.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €8,630,692 | €9,225,522 | +€594,830 | +6.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Investment grants | 15 | €278,723 | €256,648 | -€22,075 | -7.9% |
| Amounts payable | 17/49 | €38,809 | €70,498 | +€31,689 | +81.7% |
| Amounts payable within one year | 42/48 | €38,313 | €70,002 | +€31,689 | +82.7% |
| Taxes, remuneration and social security | 45 | €38,313 | €70,002 | +€31,689 | +82.7% |
| Taxes | 450/3 | €38,313 | €70,002 | +€31,689 | +82.7% |
| Accrued charges and deferred income | 492/3 | €496 | €496 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €216,838 | €196,931 | -€19,907 | -9.2% |
| Other operating charges | 640/8 | €6,047 | €6,328 | +€281 | +4.7% |
| Gross operating margin | 9900 | €410,645 | €412,138 | +€1,494 | +0.4% |
| Operating profit (loss) | 9901 | €187,760 | €208,879 | +€21,120 | +11.2% |
| Financial income | 75/76B | €260,434 | €553,422 | +€292,987 | +112% |
| Recurring financial income | 75 | €260,434 | €553,422 | +€292,987 | +112% |
| Financial charges | 65/66B | €8 | €12 | +€4 | +42.5% |
| Recurring financial charges | 65 | €8 | €12 | +€4 | +42.5% |
| Profit (loss) for the period before taxes | 9903 | €448,185 | €762,289 | +€314,104 | +70.1% |
| Income taxes | 67/77 | €104,464 | €167,459 | +€62,994 | +60.3% |
| Profit (loss) for the period | 9904 | €343,721 | €594,830 | +€251,109 | +73.1% |
| Profit (loss) for the period to be appropriated | 9905 | €343,721 | €594,830 | +€251,109 | +73.1% |
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 30 October 2026 via checked.be.