INTERART - INTERGIFT: 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.
INTERART - INTERGIFT
Largest movements
- Receivables within one year -€108,532
down €108,532 (-42.3%), from €256,803 to €148,271
of which Trade receivables: -€78,358
- Stocks and contracts -€17,453
down €17,453 (-2.5%), from €690,445 to €672,992
- Reserves -€383,116
down €383,116 (-61.0%), from €628,277 to €245,161
of which Distributable reserves: -€383,116
- Tax, wage and social debts +€144,626
up €144,626 (+136%), from €106,404 to €251,030
of which Remuneration and social security: +€145,546
- Trade debts +€123,411
up €123,411 (+64.2%), from €192,082 to €315,493
- Staff costs +€316,336
up €316,336 (+183%), from €173,112 to €489,448
- Gross operating margin -€85,177
down €85,177 (-36.1%), from €235,746 to €150,569
- Financial charges +€26,672
up €26,672 (+170%), from €15,710 to €42,383
- Taxes -€12,337
down €12,337, from €12,225 to -€112
- Other operating charges -€7,021
down €7,021 (-93.0%), from €7,550 to €529
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,059,522 | €938,602 | -€120,919 | -11.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €4,252 | €2,815 | -€1,437 | -33.8% |
| Tangible fixed assets | 22/27 | €1,752 | €315 | -€1,437 | -82.0% |
| Plant, machinery and equipment | 23 | €1,752 | €315 | -€1,437 | -82.0% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €1,055,270 | €935,787 | -€119,482 | -11.3% |
| Stocks and contracts in progress | 3 | €690,445 | €672,992 | -€17,453 | -2.5% |
| Stocks | 30/36 | €690,445 | €672,992 | -€17,453 | -2.5% |
| Amounts receivable within one year | 40/41 | €256,803 | €148,271 | -€108,532 | -42.3% |
| Trade receivables | 40 | €209,937 | €131,579 | -€78,358 | -37.3% |
| Other amounts receivable | 41 | €46,866 | €16,692 | -€30,174 | -64.4% |
| Cash at bank and in hand | 54/58 | €108,022 | €114,524 | +€6,503 | +6.0% |
| Total equity and liabilities | 10/49 | €1,059,522 | €938,602 | -€120,919 | -11.4% |
| Equity | 10/15 | €689,777 | €306,661 | -€383,116 | -55.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €628,277 | €245,161 | -€383,116 | -61.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | - | -€6,150 | |
| Reserves not available under the articles | 1311 | - | €6,150 | +€6,150 | |
| Distributable reserves | 133 | €622,127 | €239,011 | -€383,116 | -61.6% |
| Amounts payable | 17/49 | €369,745 | €631,941 | +€262,197 | +70.9% |
| Amounts payable within one year | 42/48 | €369,297 | €631,941 | +€262,645 | +71.1% |
| Financial debts | 43 | €60,000 | €60,000 | = | 0.0% |
| Credit institutions | 430/8 | €60,000 | €60,000 | = | 0.0% |
| Trade debts | 44 | €192,082 | €315,493 | +€123,411 | +64.2% |
| Suppliers | 440/4 | €192,082 | €315,493 | +€123,411 | +64.2% |
| Taxes, remuneration and social security | 45 | €106,404 | €251,030 | +€144,626 | +136% |
| Taxes | 450/3 | €73,835 | €72,915 | -€920 | -1.2% |
| Remuneration and social security | 454/9 | €32,569 | €178,115 | +€145,546 | +447% |
| Other amounts payable | 47/48 | €10,810 | €5,418 | -€5,392 | -49.9% |
| Accrued charges and deferred income | 492/3 | €448 | - | -€448 | |
| Remuneration, social security and pensions | 62 | €173,112 | €489,448 | +€316,336 | +183% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,460 | €1,437 | -€23 | -1.6% |
| Other operating charges | 640/8 | €7,550 | €529 | -€7,021 | -93.0% |
| Gross operating margin | 9900 | €235,746 | €150,569 | -€85,177 | -36.1% |
| Operating profit (loss) | 9901 | €53,623 | -€340,846 | -€394,469 | |
| Financial charges | 65/66B | €15,710 | €42,383 | +€26,672 | +170% |
| Recurring financial charges | 65 | €15,710 | €42,383 | +€26,672 | +170% |
| Profit (loss) for the period before taxes | 9903 | €37,913 | -€383,228 | -€421,141 | |
| Income taxes | 67/77 | €12,225 | -€112 | -€12,337 | |
| Profit (loss) for the period | 9904 | €25,688 | -€383,116 | -€408,805 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,688 | -€383,116 | -€408,805 |
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 20 October 2026 via checked.be.