INTER MIN: 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 MIN
Largest movements
- Receivables within one year -€65,634
down €65,634 (-36.8%), from €178,468 to €112,834
of which Trade receivables: -€40,265
- Cash +€60,110
up €60,110 (+23.1%), from €260,535 to €320,645
mainly Receivables within one year (+€65,634) and Net result for the year (+€31,506)
- Tangible fixed assets -€27,572
down €27,572 (-12.5%), from €221,221 to €193,649
- Tax, wage and social debts -€34,025
down €34,025 (-72.8%), from €46,761 to €12,736
of which Taxes: -€23,990
- Trade debts -€33,512
down €33,512 (-77.4%), from €43,322 to €9,809
- Reserves +€31,506
up €31,506 (+6.5%), from €486,174 to €517,680
of which Distributable reserves: +€31,506
- Gross operating margin -€109,794
down €109,794 (-37.8%), from €290,668 to €180,874
- Staff costs -€89,499
down €89,499 (-48.3%), from €185,218 to €95,718
- Depreciation +€7,529
up €7,529 (+35.8%), from €21,034 to €28,563
- Financial income -€7,449
down €7,449 (-97.8%), from €7,617 to €168
- Taxes -€6,510
down €6,510 (-29.8%), from €21,879 to €15,369
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 | €663,919 | €628,399 | -€35,521 | -5.4% |
| Fixed assets | 21/28 | €221,295 | €193,724 | -€27,572 | -12.5% |
| Tangible fixed assets | 22/27 | €221,221 | €193,649 | -€27,572 | -12.5% |
| Land and buildings | 22 | €163,590 | €149,833 | -€13,757 | -8.4% |
| Plant, machinery and equipment | 23 | €6,186 | €3,113 | -€3,074 | -49.7% |
| Furniture and vehicles | 24 | €51,445 | €40,703 | -€10,741 | -20.9% |
| Financial fixed assets | 28 | €74 | €74 | = | 0.0% |
| Current assets | 29/58 | €442,624 | €434,675 | -€7,949 | -1.8% |
| Amounts receivable within one year | 40/41 | €178,468 | €112,834 | -€65,634 | -36.8% |
| Trade receivables | 40 | €48,940 | €8,675 | -€40,265 | -82.3% |
| Other amounts receivable | 41 | €129,528 | €104,160 | -€25,369 | -19.6% |
| Cash at bank and in hand | 54/58 | €260,535 | €320,645 | +€60,110 | +23.1% |
| Deferred charges and accrued income | 490/1 | €3,621 | €1,196 | -€2,425 | -67.0% |
| Total equity and liabilities | 10/49 | €663,919 | €628,399 | -€35,521 | -5.4% |
| Equity | 10/15 | €548,174 | €579,680 | +€31,506 | +5.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €486,174 | €517,680 | +€31,506 | +6.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €479,974 | €511,480 | +€31,506 | +6.6% |
| Amounts payable | 17/49 | €115,745 | €48,718 | -€67,027 | -57.9% |
| Amounts payable within one year | 42/48 | €115,745 | €48,718 | -€67,027 | -57.9% |
| Trade debts | 44 | €43,322 | €9,809 | -€33,512 | -77.4% |
| Suppliers | 440/4 | €43,322 | €9,809 | -€33,512 | -77.4% |
| Taxes, remuneration and social security | 45 | €46,761 | €12,736 | -€34,025 | -72.8% |
| Taxes | 450/3 | €26,108 | €2,118 | -€23,990 | -91.9% |
| Remuneration and social security | 454/9 | €20,653 | €10,618 | -€10,035 | -48.6% |
| Other amounts payable | 47/48 | €25,662 | €26,173 | +€511 | +2.0% |
| Remuneration, social security and pensions | 62 | €185,218 | €95,718 | -€89,499 | -48.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,034 | €28,563 | +€7,529 | +35.8% |
| Other operating charges | 640/8 | €8,071 | €9,445 | +€1,374 | +17.0% |
| Gross operating margin | 9900 | €290,668 | €180,874 | -€109,794 | -37.8% |
| Operating profit (loss) | 9901 | €76,345 | €47,148 | -€29,197 | -38.2% |
| Financial income | 75/76B | €7,617 | €168 | -€7,449 | -97.8% |
| Recurring financial income | 75 | €7,617 | €168 | -€7,449 | -97.8% |
| Financial charges | 65/66B | €749 | €441 | -€308 | -41.1% |
| Recurring financial charges | 65 | €749 | €441 | -€308 | -41.1% |
| Profit (loss) for the period before taxes | 9903 | €83,214 | €46,875 | -€36,339 | -43.7% |
| Income taxes | 67/77 | €21,879 | €15,369 | -€6,510 | -29.8% |
| Profit (loss) for the period | 9904 | €61,335 | €31,506 | -€29,829 | -48.6% |
| Profit (loss) for the period to be appropriated | 9905 | €61,335 | €31,506 | -€29,829 | -48.6% |
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.