INTER - JOKE: 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 - JOKE
Largest movements
- Receivables within one year -€51,555
down €51,555 (-69.1%), from €74,569 to €23,015
of which Trade receivables: -€48,748
- Tangible fixed assets -€3,887
down €3,887 (-7.9%), from €49,289 to €45,402
of which Plant, machinery and equipment: -€3,683
- Deferred charges and accrued income -€2,730
no longer reported in 2025 (was €2,730)
- Reserves -€28,414
down €28,414 (-39.2%), from €72,500 to €44,086
- Debts after one year -€14,077
no longer reported in 2025 (was €14,077)
- Tax, wage and social debts -€11,395
down €11,395 (-97.0%), from €11,744 to €349
- Current portion of long-term debt -€8,453
no longer reported in 2025 (was €8,453)
- Trade debts +€3,063
up €3,063 (+2,050%), from €149 to €3,213
- Financial income -€15,083
no longer reported in 2025 (was €15,083)
of which Non-recurring financial income: -€15,073
- Financial charges -€9,840
down €9,840 (-72.1%), from €13,642 to €3,801
of which Non-recurring financial charges: -€8,292
- Gross operating margin -€2,266
down €2,266 (-14.1%), from -€16,118 to -€18,384
- Taxes -€336
no longer reported in 2025 (was €336)
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €126,640 | €68,417 | -€58,224 | -46.0% |
| Fixed assets | 21/28 | €49,289 | €45,402 | -€3,887 | -7.9% |
| Tangible fixed assets | 22/27 | €49,289 | €45,402 | -€3,887 | -7.9% |
| Land and buildings | 22 | €28,328 | €28,124 | -€204 | -0.7% |
| Plant, machinery and equipment | 23 | €20,960 | €17,278 | -€3,683 | -17.6% |
| Current assets | 29/58 | €77,352 | €23,015 | -€54,337 | -70.2% |
| Amounts receivable within one year | 40/41 | €74,569 | €23,015 | -€51,555 | -69.1% |
| Trade receivables | 40 | €48,748 | - | -€48,748 | |
| Other amounts receivable | 41 | €25,821 | €23,015 | -€2,807 | -10.9% |
| Current investments | 50/53 | €52 | - | -€52 | |
| Deferred charges and accrued income | 490/1 | €2,730 | - | -€2,730 | |
| Total equity and liabilities | 10/49 | €126,640 | €68,417 | -€58,224 | -46.0% |
| Equity | 10/15 | €92,217 | €62,686 | -€29,530 | -32.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €72,500 | €44,086 | -€28,414 | -39.2% |
| Distributable reserves | 133 | €72,500 | €44,086 | -€28,414 | -39.2% |
| Profit (loss) carried forward | 14 | €1,117 | - | -€1,117 | |
| Amounts payable | 17/49 | €34,424 | €5,731 | -€28,693 | -83.4% |
| Amounts payable after more than one year | 17 | €14,077 | - | -€14,077 | |
| Financial debts | 170/4 | €14,077 | - | -€14,077 | |
| Amounts payable within one year | 42/48 | €20,347 | €5,731 | -€14,616 | -71.8% |
| Current portion of amounts payable after more than one year | 42 | €8,453 | - | -€8,453 | |
| Financial debts | 43 | - | €2,168 | +€2,168 | |
| Credit institutions | 430/8 | - | €2,168 | +€2,168 | |
| Trade debts | 44 | €149 | €3,213 | +€3,063 | +2,050% |
| Suppliers | 440/4 | €149 | €3,213 | +€3,063 | +2,050% |
| Taxes, remuneration and social security | 45 | €11,744 | €349 | -€11,395 | -97.0% |
| Taxes | 450/3 | €11,744 | €349 | -€11,395 | -97.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,890 | €3,887 | -€3 | -0.1% |
| Other operating charges | 640/8 | €3,356 | €3,459 | +€103 | +3.1% |
| Gross operating margin | 9900 | -€16,118 | -€18,384 | -€2,266 | -14.1% |
| Operating profit (loss) | 9901 | -€23,363 | -€25,729 | -€2,366 | -10.1% |
| Financial income | 75/76B | €15,083 | - | -€15,083 | |
| Recurring financial income | 75 | €11 | - | -€11 | |
| Non-recurring financial income | 76B | €15,073 | - | -€15,073 | |
| Financial charges | 65/66B | €13,642 | €3,801 | -€9,840 | -72.1% |
| Recurring financial charges | 65 | €4,693 | €3,145 | -€1,548 | -33.0% |
| Non-recurring financial charges | 66B | €8,948 | €656 | -€8,292 | -92.7% |
| Profit (loss) for the period before taxes | 9903 | -€21,922 | -€29,530 | -€7,609 | -34.7% |
| Income taxes | 67/77 | €336 | - | -€336 | |
| Profit (loss) for the period | 9904 | -€22,258 | -€29,530 | -€7,273 | -32.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,258 | -€29,530 | -€7,273 | -32.7% |
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 14 October 2026 via checked.be.