Inter Service Agencies: 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 Service Agencies
Largest movements
- Cash +€137,397
up €137,397 (+50.9%), from €270,022 to €407,418
mainly Net result for the year (+€153,273) and Stocks and contracts (+€97,107)
- Stocks and contracts -€97,107
down €97,107 (-16.8%), from €577,983 to €480,875
- Tangible fixed assets +€44,213
up €44,213 (+764%), from €5,787 to €50,000
- Receivables within one year +€28,559
up €28,559 (+26.0%), from €109,893 to €138,452
of which Trade receivables: +€17,442
- Trade debts -€166,632
down €166,632 (-71.3%), from €233,645 to €67,014
- Reserves +€153,273
up €153,273 (+26.7%), from €574,852 to €728,125
of which Distributable reserves: +€153,273
- Other debts +€96,983
up €96,983 (+157%), from €61,911 to €158,894
- Tax, wage and social debts +€18,157
up €18,157 (+1,208%), from €1,503 to €19,660
of which Taxes: +€16,857
- Taxes +€23,807
new in 2025: €23,807
- Gross operating margin +€21,901
up €21,901 (+9.8%), from €222,529 to €244,430
- Staff costs -€8,141
down €8,141 (-15.7%), from €51,752 to €43,611
- Financial charges +€4,902
up €4,902 (+116%), from €4,209 to €9,112
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 | €1,003,877 | €1,105,657 | +€101,781 | +10.1% |
| Fixed assets | 21/28 | €45,744 | €78,911 | +€33,168 | +72.5% |
| Intangible fixed assets | 21 | €39,957 | €28,912 | -€11,045 | -27.6% |
| Tangible fixed assets | 22/27 | €5,787 | €50,000 | +€44,213 | +764% |
| Furniture and vehicles | 24 | €5,787 | €50,000 | +€44,213 | +764% |
| Current assets | 29/58 | €958,133 | €1,026,746 | +€68,613 | +7.2% |
| Stocks and contracts in progress | 3 | €577,983 | €480,875 | -€97,107 | -16.8% |
| Stocks | 30/36 | €577,983 | €480,875 | -€97,107 | -16.8% |
| Amounts receivable within one year | 40/41 | €109,893 | €138,452 | +€28,559 | +26.0% |
| Trade receivables | 40 | €83,244 | €100,686 | +€17,442 | +21.0% |
| Other amounts receivable | 41 | €26,649 | €37,766 | +€11,118 | +41.7% |
| Cash at bank and in hand | 54/58 | €270,022 | €407,418 | +€137,397 | +50.9% |
| Deferred charges and accrued income | 490/1 | €236 | - | -€236 | |
| Total equity and liabilities | 10/49 | €1,003,877 | €1,105,657 | +€101,781 | +10.1% |
| Equity | 10/15 | €706,817 | €860,089 | +€153,273 | +21.7% |
| Contributions | 10/11 | €32,226 | €32,226 | = | 0.0% |
| Reserves | 13 | €574,852 | €728,125 | +€153,273 | +26.7% |
| Non-distributable reserves | 130/1 | €3,223 | €3,223 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,223 | €3,223 | = | 0.0% |
| Tax-exempt reserves | 132 | €49,930 | €49,930 | = | 0.0% |
| Distributable reserves | 133 | €521,700 | €674,973 | +€153,273 | +29.4% |
| Profit (loss) carried forward | 14 | €99,738 | €99,738 | = | 0.0% |
| Amounts payable | 17/49 | €297,060 | €245,568 | -€51,492 | -17.3% |
| Amounts payable within one year | 42/48 | €297,060 | €245,568 | -€51,492 | -17.3% |
| Trade debts | 44 | €233,645 | €67,014 | -€166,632 | -71.3% |
| Suppliers | 440/4 | €233,645 | €67,014 | -€166,632 | -71.3% |
| Taxes, remuneration and social security | 45 | €1,503 | €19,660 | +€18,157 | +1,208% |
| Taxes | 450/3 | €980 | €17,837 | +€16,857 | +1,720% |
| Remuneration and social security | 454/9 | €523 | €1,823 | +€1,300 | +248% |
| Other amounts payable | 47/48 | €61,911 | €158,894 | +€96,983 | +157% |
| Non-recurring operating income | 76A | - | €4,395 | +€4,395 | |
| Remuneration, social security and pensions | 62 | €51,752 | €43,611 | -€8,141 | -15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,619 | €15,447 | -€172 | -1.1% |
| Other operating charges | 640/8 | €1,730 | €1,001 | -€729 | -42.1% |
| Gross operating margin | 9900 | €222,529 | €244,430 | +€21,901 | +9.8% |
| Operating profit (loss) | 9901 | €153,428 | €184,370 | +€30,943 | +20.2% |
| Financial income | 75/76B | €538 | €1,821 | +€1,283 | +238% |
| Recurring financial income | 75 | €538 | €1,821 | +€1,283 | +238% |
| Financial charges | 65/66B | €4,209 | €9,112 | +€4,902 | +116% |
| Recurring financial charges | 65 | €4,209 | €9,112 | +€4,902 | +116% |
| Profit (loss) for the period before taxes | 9903 | €149,757 | €177,080 | +€27,323 | +18.2% |
| Income taxes | 67/77 | - | €23,807 | +€23,807 | |
| Profit (loss) for the period | 9904 | €149,757 | €153,273 | +€3,516 | +2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €149,757 | €153,273 | +€3,516 | +2.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.