INTERBAT: 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.
INTERBAT
Largest movements
- Stocks and contracts -€431,236
down €431,236 (-21.1%), from €2.0m to €1.6m
- Receivables within one year -€342,763
down €342,763 (-29.2%), from €1.2m to €830,175
of which Trade receivables: -€338,172
- Intangible fixed assets -€169,018
down €169,018 (-9.9%), from €1.7m to €1.5m
- Cash +€137,548
up €137,548 (+17.4%), from €790,100 to €927,648
mainly Net result for the year (+€1.3m) and Stocks and contracts (+€431,236)
- Other debts -€900,000
down €900,000 (-24.3%), from €3.7m to €2.8m
- Profit (loss) carried forward +€307,499
up €307,499 (+64.5%), from €476,877 to €784,376
- Trade debts -€305,908
down €305,908 (-61.2%), from €500,195 to €194,287
- Gross operating margin -€246,216
down €246,216 (-8.6%), from €2.9m to €2.6m
- Staff costs -€69,710
down €69,710 (-13.9%), from €502,236 to €432,526
- Financial charges -€57,567
down €57,567 (-28.9%), from €198,996 to €141,429
- Depreciation +€56,202
up €56,202 (+22.8%), from €246,440 to €302,641
- Taxes -€54,063
down €54,063 (-11.0%), from €491,862 to €437,798
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 | €5,875,481 | €5,015,615 | -€859,866 | -14.6% |
| Fixed assets | 21/28 | €1,841,602 | €1,618,013 | -€223,589 | -12.1% |
| Intangible fixed assets | 21 | €1,705,977 | €1,536,959 | -€169,018 | -9.9% |
| Tangible fixed assets | 22/27 | €135,625 | €81,054 | -€54,572 | -40.2% |
| Plant, machinery and equipment | 23 | €16,874 | €15,568 | -€1,306 | -7.7% |
| Furniture and vehicles | 24 | €116,435 | €64,023 | -€52,413 | -45.0% |
| Other tangible fixed assets | 26 | €2,316 | €1,463 | -€853 | -36.8% |
| Current assets | 29/58 | €4,033,879 | €3,397,602 | -€636,277 | -15.8% |
| Stocks and contracts in progress | 3 | €2,046,555 | €1,615,319 | -€431,236 | -21.1% |
| Stocks | 30/36 | €2,046,555 | €1,615,319 | -€431,236 | -21.1% |
| Amounts receivable within one year | 40/41 | €1,172,937 | €830,175 | -€342,763 | -29.2% |
| Trade receivables | 40 | €1,140,583 | €802,411 | -€338,172 | -29.6% |
| Other amounts receivable | 41 | €32,355 | €27,764 | -€4,591 | -14.2% |
| Cash at bank and in hand | 54/58 | €790,100 | €927,648 | +€137,548 | +17.4% |
| Deferred charges and accrued income | 490/1 | €24,287 | €24,461 | +€174 | +0.7% |
| Total equity and liabilities | 10/49 | €5,875,481 | €5,015,615 | -€859,866 | -14.6% |
| Equity | 10/15 | €1,570,627 | €1,878,126 | +€307,499 | +19.6% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €1,018,750 | €1,018,750 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €1,000,000 | €1,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €476,877 | €784,376 | +€307,499 | +64.5% |
| Amounts payable | 17/49 | €4,304,854 | €3,137,489 | -€1.2m | -27.1% |
| Amounts payable within one year | 42/48 | €4,304,854 | €3,137,489 | -€1.2m | -27.1% |
| Trade debts | 44 | €500,195 | €194,287 | -€305,908 | -61.2% |
| Suppliers | 440/4 | €500,195 | €194,287 | -€305,908 | -61.2% |
| Taxes, remuneration and social security | 45 | €104,659 | €143,202 | +€38,543 | +36.8% |
| Taxes | 450/3 | €59,343 | €92,639 | +€33,296 | +56.1% |
| Remuneration and social security | 454/9 | €45,316 | €50,563 | +€5,247 | +11.6% |
| Other amounts payable | 47/48 | €3,700,000 | €2,800,000 | -€900,000 | -24.3% |
| Non-recurring operating income | 76A | €8,565 | €0 | -€8,565 | -100.0% |
| Remuneration, social security and pensions | 62 | €502,236 | €432,526 | -€69,710 | -13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €246,440 | €302,641 | +€56,202 | +22.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €24,694 | +€24,694 | |
| Other operating charges | 640/8 | €1,415 | €3,126 | +€1,710 | +120.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €2,870,842 | €2,624,626 | -€246,216 | -8.6% |
| Operating profit (loss) | 9901 | €2,120,751 | €1,861,639 | -€259,111 | -12.2% |
| Financial income | 75/76B | €34,470 | €25,087 | -€9,383 | -27.2% |
| Recurring financial income | 75 | €34,470 | €25,087 | -€9,383 | -27.2% |
| Financial charges | 65/66B | €198,996 | €141,429 | -€57,567 | -28.9% |
| Recurring financial charges | 65 | €198,996 | €141,429 | -€57,567 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €1,956,224 | €1,745,297 | -€210,927 | -10.8% |
| Income taxes | 67/77 | €491,862 | €437,798 | -€54,063 | -11.0% |
| Profit (loss) for the period | 9904 | €1,464,363 | €1,307,499 | -€156,864 | -10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,464,363 | €1,307,499 | -€156,864 | -10.7% |
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 7 October 2026 via checked.be.