INTER-THANATO: 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-THANATO
Largest movements
- Current investments +€48,605
up €48,605 (+83.8%), from €58,034 to €106,639
- Receivables after one year +€30,000
up €30,000 (+60.0%), from €50,000 to €80,000
- Tangible fixed assets -€5,337
down €5,337 (-19.0%), from €28,032 to €22,695
of which Furniture and vehicles: -€7,507
- Reserves +€71,371
up €71,371 (+49.3%), from €144,634 to €216,005
- Tax, wage and social debts +€11,705
up €11,705 (+23.5%), from €49,732 to €61,437
- Debts after one year -€8,872
down €8,872 (-57.1%), from €15,525 to €6,653
- Trade debts -€5,042
down €5,042 (-22.2%), from €22,739 to €17,697
- Gross operating margin +€9,134
up €9,134 (+9.1%), from €100,488 to €109,622
- Taxes +€7,746
up €7,746 (+38.5%), from €20,131 to €27,877
- Financial income +€2,026
up €2,026 (+265.9%), from €762 to €2,788
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
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 | €306,657 | €376,759 | +€70,102 | +22.9% |
| Fixed assets | 21/28 | €28,032 | €22,695 | -€5,337 | -19.0% |
| Tangible fixed assets | 22/27 | €28,032 | €22,695 | -€5,337 | -19.0% |
| Plant, machinery and equipment | 23 | €1,383 | €3,553 | +€2,170 | +156.9% |
| Furniture and vehicles | 24 | €26,649 | €19,142 | -€7,507 | -28.2% |
| Current assets | 29/58 | €278,625 | €354,064 | +€75,439 | +27.1% |
| Amounts receivable after more than one year | 29 | €50,000 | €80,000 | +€30,000 | +60.0% |
| Other amounts receivable | 291 | €50,000 | €80,000 | +€30,000 | +60.0% |
| Stocks and contracts in progress | 3 | €68,724 | €69,337 | +€613 | +0.9% |
| Stocks | 30/36 | €68,724 | €69,337 | +€613 | +0.9% |
| Amounts receivable within one year | 40/41 | €97,046 | €93,661 | -€3,385 | -3.5% |
| Trade receivables | 40 | €97,046 | €93,661 | -€3,385 | -3.5% |
| Current investments | 50/53 | €58,034 | €106,639 | +€48,605 | +83.8% |
| Deferred charges and accrued income | 490/1 | €4,821 | €4,427 | -€394 | -8.2% |
| Total equity and liabilities | 10/49 | €306,657 | €376,759 | +€70,102 | +22.9% |
| Equity | 10/15 | €149,634 | €221,005 | +€71,371 | +47.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €144,634 | €216,005 | +€71,371 | +49.3% |
| Distributable reserves | 133 | €144,634 | €216,005 | +€71,371 | +49.3% |
| Amounts payable | 17/49 | €157,023 | €155,754 | -€1,269 | -0.8% |
| Amounts payable after more than one year | 17 | €15,525 | €6,653 | -€8,872 | -57.1% |
| Financial debts | 170/4 | €15,525 | €6,653 | -€8,872 | -57.1% |
| Amounts payable within one year | 42/48 | €141,498 | €149,101 | +€7,603 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €8,871 | €8,871 | = | 0.0% |
| Trade debts | 44 | €22,739 | €17,697 | -€5,042 | -22.2% |
| Suppliers | 440/4 | €22,739 | €17,697 | -€5,042 | -22.2% |
| Taxes, remuneration and social security | 45 | €49,732 | €61,437 | +€11,705 | +23.5% |
| Taxes | 450/3 | €49,732 | €61,437 | +€11,705 | +23.5% |
| Other amounts payable | 47/48 | €60,156 | €61,096 | +€940 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,587 | €11,257 | +€670 | +6.3% |
| Other operating charges | 640/8 | €1,616 | €1,256 | -€360 | -22.3% |
| Gross operating margin | 9900 | €100,488 | €109,622 | +€9,134 | +9.1% |
| Operating profit (loss) | 9901 | €88,285 | €97,109 | +€8,824 | +10.0% |
| Financial income | 75/76B | €762 | €2,788 | +€2,026 | +265.9% |
| Recurring financial income | 75 | €762 | €2,788 | +€2,026 | +265.9% |
| Financial charges | 65/66B | €1,044 | €649 | -€395 | -37.8% |
| Recurring financial charges | 65 | €1,044 | €649 | -€395 | -37.8% |
| Profit (loss) for the period before taxes | 9903 | €88,003 | €99,248 | +€11,245 | +12.8% |
| Income taxes | 67/77 | €20,131 | €27,877 | +€7,746 | +38.5% |
| Profit (loss) for the period | 9904 | €67,872 | €71,371 | +€3,499 | +5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €67,872 | €71,371 | +€3,499 | +5.2% |
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 11 October 2026 via checked.be.