INTERCARS: what changed
INTERCARS
Largest movements
- Stocks and contracts -€19,453
down €19,453 (-51.7%), from €37,603 to €18,150
- Cash +€13,939
up €13,939 (+67.1%), from €20,777 to €34,716
mainly Stocks and contracts (+€19,453) and Net result for the year (+€8,311)
- Advances received -€9,900
no longer reported in 2025 (was €9,900)
- Profit (loss) carried forward +€8,311
up €8,311 (+58.7%), from -€14,167 to -€5,856
- Other debts -€5,825
down €5,825 (-15.4%), from €37,924 to €32,099
- Tax, wage and social debts +€1,113
new in 2025: €1,113
- Gross operating margin +€6,251
up €6,251 (+176%), from €3,561 to €9,812
- Other operating charges -€564
down €564 (-35.0%), from €1,613 to €1,049
- Depreciation -€501
down €501 (-62.6%), from €800 to €299
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €59,167 | €52,866 | -€6,301 | -10.6% |
| Fixed assets | 21/28 | €299 | - | -€299 | |
| Tangible fixed assets | 22/27 | €299 | - | -€299 | |
| Plant, machinery and equipment | 23 | €299 | - | -€299 | |
| Current assets | 29/58 | €58,867 | €52,866 | -€6,001 | -10.2% |
| Stocks and contracts in progress | 3 | €37,603 | €18,150 | -€19,453 | -51.7% |
| Stocks | 30/36 | €37,603 | €18,150 | -€19,453 | -51.7% |
| Amounts receivable within one year | 40/41 | €487 | - | -€487 | |
| Other amounts receivable | 41 | €487 | - | -€487 | |
| Cash at bank and in hand | 54/58 | €20,777 | €34,716 | +€13,939 | +67.1% |
| Total equity and liabilities | 10/49 | €59,167 | €52,866 | -€6,301 | -10.6% |
| Equity | 10/15 | €11,343 | €19,654 | +€8,311 | +73.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Contributions outside capital | 11 | €18,550 | €18,550 | = | 0.0% |
| Other | 1109/19 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €6,960 | €6,960 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,100 | €5,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,167 | -€5,856 | +€8,311 | +58.7% |
| Amounts payable | 17/49 | €47,824 | €33,212 | -€14,612 | -30.6% |
| Amounts payable within one year | 42/48 | €47,824 | €33,212 | -€14,612 | -30.6% |
| Advances received on contracts in progress | 46 | €9,900 | - | -€9,900 | |
| Taxes, remuneration and social security | 45 | - | €1,113 | +€1,113 | |
| Taxes | 450/3 | - | €1,113 | +€1,113 | |
| Other amounts payable | 47/48 | €37,924 | €32,099 | -€5,825 | -15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €800 | €299 | -€501 | -62.6% |
| Other operating charges | 640/8 | €1,613 | €1,049 | -€564 | -35.0% |
| Gross operating margin | 9900 | €3,561 | €9,812 | +€6,251 | +176% |
| Operating profit (loss) | 9901 | €1,147 | €8,463 | +€7,316 | +638% |
| Financial charges | 65/66B | €138 | €152 | +€14 | +10.0% |
| Recurring financial charges | 65 | €138 | €152 | +€14 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | €1,009 | €8,311 | +€7,302 | +723% |
| Profit (loss) for the period | 9904 | €1,009 | €8,311 | +€7,302 | +723% |
| Profit (loss) for the period to be appropriated | 9905 | €1,009 | €8,311 | +€7,302 | +723% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.