INTER SYSTEMS: 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.
What changed
INTER SYSTEMS
NACE 43.990, Other specialised construction activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€508,928
2024 · -€219,162+€728,091
Equity
€1.7m
2024 · €1.4m+€268,928
Cash
€220,169
2024 · €245,297-€25,128
Balance sheet total
€3.3m
2024 · €2.9m+€324,930
Largest movements
Assets
- Receivables within one year +€222,215
up €222,215 (+15.2%), from €1.5m to €1.7m
of which Other amounts receivable: +€202,915
- Tangible fixed assets +€69,877
up €69,877 (+110.0%), from €63,534 to €133,411
of which Plant, machinery and equipment: +€69,900
- Financial fixed assets +€57,694
up €57,694 (+7.7%), from €745,805 to €803,499
of which Other financial fixed assets: +€57,694
Equity and liabilities
- Profit (loss) carried forward +€268,928
up €268,928 (+59.3%), from €453,672 to €722,601
- Other debts +€241,441
up €241,441 (+178.8%), from €135,012 to €376,454
- Debts after one year -€111,930
down €111,930 (-68.7%), from €162,995 to €51,065
- Short-term financial debts -€75,000
no longer reported in 2025 (was €75,000)
- Trade debts +€74,133
up €74,133 (+11.7%), from €632,995 to €707,128
Income statement
- Goods and materials -€1.9m
down €1.9m (-46.5%), from €4.0m to €2.2m
of which Change in stocks: decrease (increase): -€2.1m
- Turnover -€649,375
down €649,375 (-11.2%), from €5.8m to €5.1m
- Financial income -€257,065
down €257,065 (-81.3%), from €316,001 to €58,937
- Provisions +€111,239
no longer reported in 2025 (was -€111,239)
- Services and other goods +€88,724
up €88,724 (+8.8%), from €1.0m to €1.1m
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.
Result 2024
-€219,162
Turnover
-€649,375
Other operating income
+€18,519
Goods and materials
+€1.9m
Services and other goods
-€88,724
Staff costs
-€58,918
Depreciation
+€3,741
Write-downs
-€10,450
Provisions
-€111,239
Other operating charges
+€28,848
Other operating items
-€103,917
Financial income
-€257,065
Financial charges
+€73,243
Taxes
+€36
Result 2025
€508,928
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.
From operations
+€589,934
Investment
-€154,653
Financing
-€460,408
Cash 2024
€245,297
From operations (derived)
+€589,934
Net result for the year
+€508,928
Depreciation
+€24,368
Stocks and contracts
-€7,499
Receivables within one year
-€222,215
Deferred charges and accrued income
+€9,941
Trade debts
+€74,133
Tax, wage and social debts
-€26,176
Other debts
+€241,441
Accrued charges and deferred income
-€12,988
Investment (derived)
-€154,653
Investment in fixed assets (net)
-€154,653
Financing
-€460,408
Debts after one year
-€111,930
Current portion of long-term debt
-€33,478
Short-term financial debts
-€75,000
Contributions, distributions and other
-€240,000
Cash 2025
€220,169
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,934,751 | €3,259,681 | +€324,930 | +11.1% |
| Fixed assets | 21/28 | €809,339 | €939,623 | +€130,285 | +16.1% |
| Intangible fixed assets | 21 | - | €2,713 | +€2,713 | |
| Tangible fixed assets | 22/27 | €63,534 | €133,411 | +€69,877 | +110.0% |
| Land and buildings | 22 | €10,640 | €9,811 | -€828 | -7.8% |
| Plant, machinery and equipment | 23 | €16,164 | €86,065 | +€69,900 | +432.4% |
| Furniture and vehicles | 24 | €11,215 | €20,277 | +€9,062 | +80.8% |
| Leasing and similar rights | 25 | €25,514 | €17,258 | -€8,256 | -32.4% |
| Financial fixed assets | 28 | €745,805 | €803,499 | +€57,694 | +7.7% |
| Affiliated companies | 280/1 | €745,620 | €745,620 | = | 0.0% |
| Participating interests | 280 | €745,620 | €745,620 | = | 0.0% |
| Other financial fixed assets | 284/8 | €185 | €57,879 | +€57,694 | +31186.2% |
| Shares | 284 | €25 | - | -€25 | |
| Amounts receivable and cash guarantees | 285/8 | €160 | €57,879 | +€57,719 | +36074.7% |
| Current assets | 29/58 | €2,125,412 | €2,320,058 | +€194,646 | +9.2% |
| Stocks and contracts in progress | 3 | €354,793 | €362,292 | +€7,499 | +2.1% |
| Stocks | 30/36 | €354,793 | €362,292 | +€7,499 | +2.1% |
| Goods purchased for resale | 34 | €354,793 | €362,292 | +€7,499 | +2.1% |
| Amounts receivable within one year | 40/41 | €1,459,583 | €1,681,798 | +€222,215 | +15.2% |
| Trade receivables | 40 | €544,076 | €563,375 | +€19,299 | +3.5% |
| Other amounts receivable | 41 | €915,507 | €1,118,423 | +€202,915 | +22.2% |
| Cash at bank and in hand | 54/58 | €245,297 | €220,169 | -€25,128 | -10.2% |
| Deferred charges and accrued income | 490/1 | €65,740 | €55,799 | -€9,941 | -15.1% |
| Total equity and liabilities | 10/49 | €2,934,751 | €3,259,681 | +€324,930 | +11.1% |
| Equity | 10/15 | €1,447,697 | €1,716,626 | +€268,928 | +18.6% |
| Contributions | 10/11 | €630,266 | €630,266 | = | 0.0% |
| Capital | 10 | €630,266 | €630,266 | = | 0.0% |
| Issued capital | 100 | €630,266 | €630,266 | = | 0.0% |
| Reserves | 13 | €363,759 | €363,759 | = | 0.0% |
| Non-distributable reserves | 130/1 | €64,628 | €64,628 | = | 0.0% |
| Legal reserve | 130 | €63,027 | €63,027 | = | 0.0% |
| Other | 1319 | €1,601 | €1,601 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,294 | €2,294 | = | 0.0% |
| Distributable reserves | 133 | €296,837 | €296,837 | = | 0.0% |
| Profit (loss) carried forward | 14 | €453,672 | €722,601 | +€268,928 | +59.3% |
| Amounts payable | 17/49 | €1,487,054 | €1,543,056 | +€56,002 | +3.8% |
| Amounts payable after more than one year | 17 | €162,995 | €51,065 | -€111,930 | -68.7% |
| Financial debts | 170/4 | €162,995 | €51,065 | -€111,930 | -68.7% |
| Leasing and similar obligations | 172 | €9,236 | €726 | -€8,510 | -92.1% |
| Credit institutions | 173 | €153,759 | €50,338 | -€103,421 | -67.3% |
| Amounts payable within one year | 42/48 | €1,198,601 | €1,379,521 | +€180,920 | +15.1% |
| Current portion of amounts payable after more than one year | 42 | €144,714 | €111,236 | -€33,478 | -23.1% |
| Financial debts | 43 | €75,000 | - | -€75,000 | |
| Credit institutions | 430/8 | €75,000 | - | -€75,000 | |
| Trade debts | 44 | €632,995 | €707,128 | +€74,133 | +11.7% |
| Suppliers | 440/4 | €632,995 | €707,128 | +€74,133 | +11.7% |
| Taxes, remuneration and social security | 45 | €210,879 | €184,703 | -€26,176 | -12.4% |
| Taxes | 450/3 | €16,449 | €45,691 | +€29,242 | +177.8% |
| Remuneration and social security | 454/9 | €194,431 | €139,012 | -€55,419 | -28.5% |
| Other amounts payable | 47/48 | €135,012 | €376,454 | +€241,441 | +178.8% |
| Accrued charges and deferred income | 492/3 | €125,458 | €112,470 | -€12,988 | -10.4% |
| Operating income | 70/76A | €5,901,276 | €5,225,166 | -€676,111 | -11.5% |
| Turnover | 70 | €5,788,105 | €5,138,731 | -€649,375 | -11.2% |
| Other operating income | 74 | €61,277 | €79,795 | +€18,519 | +30.2% |
| Non-recurring operating income | 76A | €51,894 | €6,640 | -€45,254 | -87.2% |
| Operating charges | 60/66A | €6,319,213 | €4,731,225 | -€1.6m | -25.1% |
| Goods for resale, raw materials and consumables | 60 | €4,046,222 | €2,162,829 | -€1.9m | -46.5% |
| Purchases | 600/8 | €1,914,323 | €2,170,328 | +€256,006 | +13.4% |
| Change in stocks: decrease (increase) | 609 | €2,131,900 | -€7,499 | -€2.1m | |
| Services and other goods | 61 | €1,006,919 | €1,095,643 | +€88,724 | +8.8% |
| Remuneration, social security and pensions | 62 | €1,302,784 | €1,361,702 | +€58,918 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,109 | €24,368 | -€3,741 | -13.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€10,450 | - | +€10,450 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€111,239 | - | +€111,239 | |
| Other operating charges | 640/8 | €55,704 | €26,856 | -€28,848 | -51.8% |
| Non-recurring operating charges | 66A | €1,163 | €59,826 | +€58,663 | +5044.3% |
| Operating profit (loss) | 9901 | -€417,936 | €493,940 | +€911,877 | |
| Financial income | 75/76B | €316,001 | €58,937 | -€257,065 | -81.3% |
| Recurring financial income | 75 | €316,001 | €58,937 | -€257,065 | -81.3% |
| Income from financial fixed assets | 750 | €266,050 | - | -€266,050 | |
| Income from current assets | 751 | €49,195 | €58,390 | +€9,195 | +18.7% |
| Other financial income | 752/9 | €756 | €546 | -€210 | -27.7% |
| Financial charges | 65/66B | €116,270 | €43,027 | -€73,243 | -63.0% |
| Recurring financial charges | 65 | €116,270 | €43,027 | -€73,243 | -63.0% |
| Debt charges | 650 | €68,056 | €23,475 | -€44,580 | -65.5% |
| Other financial charges | 652/9 | €48,214 | €19,552 | -€28,662 | -59.4% |
| Profit (loss) for the period before taxes | 9903 | -€218,205 | €509,850 | +€728,055 | |
| Income taxes | 67/77 | €957 | €922 | -€36 | -3.7% |
| Taxes | 670/3 | €957 | €922 | -€36 | -3.7% |
| Profit (loss) for the period | 9904 | -€219,162 | €508,928 | +€728,091 | |
| Profit (loss) for the period to be appropriated | 9905 | -€219,162 | €508,928 | +€728,091 |
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 5 October 2026 via checked.be.