INTERBAT: 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.
INTERBAT
Largest movements
- Cash +€69,694
new in 2025: €69,694
mainly Debts after one year (+€106,839) and Depreciation (+€51,953)
- Receivables within one year -€49,032
down €49,032 (-23.7%), from €206,615 to €157,583
of which Other amounts receivable: -€58,452
- Tangible fixed assets +€23,030
up €23,030 (+7.7%), from €298,782 to €321,812
of which Furniture and vehicles: +€46,112
- Debts after one year +€106,839
up €106,839 (+63.9%), from €167,220 to €274,059
- Reserves -€46,738
down €46,738 (-25.8%), from €180,931 to €134,193
of which Distributable reserves: -€46,738
- Current portion of long-term debt -€19,761
down €19,761 (-20.5%), from €96,573 to €76,813
- Trade debts +€10,834
up €10,834 (+15.7%), from €68,939 to €79,773
- Tax, wage and social debts +€10,342
up €10,342 (+467.8%), from €2,211 to €12,552
of which Taxes: +€8,530
- Gross operating margin +€68,351
up €68,351 (+16.2%), from €423,183 to €491,534
- Staff costs +€36,795
up €36,795 (+11.0%), from €335,069 to €371,864
- Taxes +€7,561
up €7,561 (+69.9%), from €10,823 to €18,384
- Depreciation +€7,320
up €7,320 (+16.4%), from €44,634 to €51,953
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 | €523,534 | €570,262 | +€46,728 | +8.9% |
| Fixed assets | 21/28 | €306,585 | €329,615 | +€23,030 | +7.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €298,782 | €321,812 | +€23,030 | +7.7% |
| Land and buildings | 22 | €170,474 | €164,232 | -€6,242 | -3.7% |
| Plant, machinery and equipment | 23 | €90,682 | €81,439 | -€9,243 | -10.2% |
| Furniture and vehicles | 24 | €7,873 | €53,986 | +€46,112 | +585.7% |
| Leasing and similar rights | 25 | €29,752 | €22,156 | -€7,596 | -25.5% |
| Financial fixed assets | 28 | €7,803 | €7,803 | = | 0.0% |
| Current assets | 29/58 | €216,949 | €240,647 | +€23,698 | +10.9% |
| Amounts receivable within one year | 40/41 | €206,615 | €157,583 | -€49,032 | -23.7% |
| Trade receivables | 40 | €134,765 | €144,185 | +€9,420 | +7.0% |
| Other amounts receivable | 41 | €71,850 | €13,398 | -€58,452 | -81.4% |
| Cash at bank and in hand | 54/58 | - | €69,694 | +€69,694 | |
| Deferred charges and accrued income | 490/1 | €10,335 | €13,370 | +€3,035 | +29.4% |
| Total equity and liabilities | 10/49 | €523,534 | €570,262 | +€46,728 | +8.9% |
| Equity | 10/15 | €172,089 | €125,351 | -€46,738 | -27.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €180,931 | €134,193 | -€46,738 | -25.8% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €162,181 | €115,443 | -€46,738 | -28.8% |
| Profit (loss) carried forward | 14 | -€10,842 | -€10,842 | = | 0.0% |
| Amounts payable | 17/49 | €351,445 | €444,911 | +€93,465 | +26.6% |
| Amounts payable after more than one year | 17 | €167,220 | €274,059 | +€106,839 | +63.9% |
| Financial debts | 170/4 | €167,220 | €274,059 | +€106,839 | +63.9% |
| Amounts payable within one year | 42/48 | €176,986 | €169,138 | -€7,848 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | €96,573 | €76,813 | -€19,761 | -20.5% |
| Financial debts | 43 | €9,263 | - | -€9,263 | |
| Credit institutions | 430/8 | €9,263 | - | -€9,263 | |
| Trade debts | 44 | €68,939 | €79,773 | +€10,834 | +15.7% |
| Suppliers | 440/4 | €68,939 | €79,773 | +€10,834 | +15.7% |
| Taxes, remuneration and social security | 45 | €2,211 | €12,552 | +€10,342 | +467.8% |
| Taxes | 450/3 | €0 | €8,530 | +€8,530 | |
| Remuneration and social security | 454/9 | €2,211 | €4,022 | +€1,811 | +81.9% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Accrued charges and deferred income | 492/3 | €7,239 | €1,714 | -€5,525 | -76.3% |
| Remuneration, social security and pensions | 62 | €335,069 | €371,864 | +€36,795 | +11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,634 | €51,953 | +€7,320 | +16.4% |
| Other operating charges | 640/8 | €4,381 | €4,438 | +€57 | +1.3% |
| Gross operating margin | 9900 | €423,183 | €491,534 | +€68,351 | +16.2% |
| Operating profit (loss) | 9901 | €39,100 | €63,280 | +€24,180 | +61.8% |
| Financial income | 75/76B | €2,571 | €1,690 | -€881 | -34.3% |
| Recurring financial income | 75 | €2,571 | €1,690 | -€881 | -34.3% |
| Financial charges | 65/66B | €7,888 | €10,392 | +€2,503 | +31.7% |
| Recurring financial charges | 65 | €7,888 | €10,392 | +€2,503 | +31.7% |
| Profit (loss) for the period before taxes | 9903 | €33,783 | €54,578 | +€20,796 | +61.6% |
| Income taxes | 67/77 | €10,823 | €18,384 | +€7,561 | +69.9% |
| Profit (loss) for the period | 9904 | €22,960 | €36,195 | +€13,235 | +57.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,960 | €36,195 | +€13,235 | +57.6% |
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.