Intercblm: 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.
Intercblm
Largest movements
- Stocks and contracts +€89,034
up €89,034 (+28.2%), from €315,396 to €404,430
- Tangible fixed assets -€19,416
down €19,416 (-7.6%), from €255,289 to €235,874
of which Plant, machinery and equipment: -€50,560
- Cash -€15,424
down €15,424 (-14.3%), from €108,237 to €92,813
mainly Net result for the year (-€216,638) and Stocks and contracts (-€89,034)
- Deferred charges and accrued income -€10,936
down €10,936 (-62.3%), from €17,561 to €6,625
- Financial fixed assets -€9,467
down €9,467 (-55.3%), from €17,134 to €7,667
- Debts after one year +€259,941
up €259,941 (+318.6%), from €81,596 to €341,537
of which Financial debts: +€259,941
- Profit (loss) carried forward -€216,638
down €216,638 (-108.4%), from -€199,908 to -€416,546
- Trade debts +€91,015
up €91,015 (+13.9%), from €655,978 to €746,993
- Tax, wage and social debts -€46,817
down €46,817 (-69.5%), from €67,372 to €20,555
of which Remuneration and social security: -€39,277
- Current portion of long-term debt -€45,029
down €45,029 (-49.5%), from €90,991 to €45,963
- Turnover -€635,878
down €635,878 (-10.3%), from €6.2m to €5.6m
- Purchases and services -€418,423
down €418,423 (-7.4%), from €5.7m to €5.2m
- Gross operating margin -€237,647
down €237,647 (-34.6%), from €686,956 to €449,309
- Staff costs -€68,417
down €68,417 (-11.8%), from €581,482 to €513,065
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 | €845,567 | €887,909 | +€42,342 | +5.0% |
| Formation expenses | 20 | €2,987 | €2,164 | -€823 | -27.6% |
| Fixed assets | 21/28 | €272,423 | €243,541 | -€28,883 | -10.6% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €255,289 | €235,874 | -€19,416 | -7.6% |
| Plant, machinery and equipment | 23 | €162,630 | €112,069 | -€50,560 | -31.1% |
| Furniture and vehicles | 24 | €42,242 | €39,180 | -€3,062 | -7.2% |
| Leasing and similar rights | 25 | €11,662 | €0 | -€11,662 | -100.0% |
| Other tangible fixed assets | 26 | €38,756 | €84,624 | +€45,868 | +118.4% |
| Financial fixed assets | 28 | €17,134 | €7,667 | -€9,467 | -55.3% |
| Current assets | 29/58 | €570,157 | €642,205 | +€72,048 | +12.6% |
| Stocks and contracts in progress | 3 | €315,396 | €404,430 | +€89,034 | +28.2% |
| Stocks | 30/36 | €315,396 | €404,430 | +€89,034 | +28.2% |
| Amounts receivable within one year | 40/41 | €128,963 | €138,337 | +€9,375 | +7.3% |
| Trade receivables | 40 | €123,335 | €105,318 | -€18,017 | -14.6% |
| Other amounts receivable | 41 | €5,628 | €33,019 | +€27,392 | +486.7% |
| Cash at bank and in hand | 54/58 | €108,237 | €92,813 | -€15,424 | -14.3% |
| Deferred charges and accrued income | 490/1 | €17,561 | €6,625 | -€10,936 | -62.3% |
| Total equity and liabilities | 10/49 | €845,567 | €887,909 | +€42,342 | +5.0% |
| Equity | 10/15 | -€89,908 | -€306,546 | -€216,638 | -241.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€199,908 | -€416,546 | -€216,638 | -108.4% |
| Amounts payable | 17/49 | €935,475 | €1,194,456 | +€258,980 | +27.7% |
| Amounts payable after more than one year | 17 | €81,596 | €341,537 | +€259,941 | +318.6% |
| Financial debts | 170/4 | €77,803 | €337,744 | +€259,941 | +334.1% |
| Other amounts payable | 178/9 | €3,793 | €3,793 | = | 0.0% |
| Amounts payable within one year | 42/48 | €851,965 | €851,092 | -€873 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €90,991 | €45,963 | -€45,029 | -49.5% |
| Financial debts | 43 | €37,623 | €37,581 | -€43 | -0.1% |
| Credit institutions | 430/8 | €37,623 | €37,581 | -€43 | -0.1% |
| Trade debts | 44 | €655,978 | €746,993 | +€91,015 | +13.9% |
| Suppliers | 440/4 | €655,978 | €746,993 | +€91,015 | +13.9% |
| Taxes, remuneration and social security | 45 | €67,372 | €20,555 | -€46,817 | -69.5% |
| Taxes | 450/3 | €7,540 | - | -€7,540 | |
| Remuneration and social security | 454/9 | €59,832 | €20,555 | -€39,277 | -65.6% |
| Accrued charges and deferred income | 492/3 | €1,914 | €1,827 | -€87 | -4.6% |
| Turnover | 70 | €6,189,458 | €5,553,580 | -€635,878 | -10.3% |
| Non-recurring operating income | 76A | €8,722 | €8,887 | +€165 | +1.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €5,651,805 | €5,233,381 | -€418,423 | -7.4% |
| Remuneration, social security and pensions | 62 | €581,482 | €513,065 | -€68,417 | -11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,079 | €93,501 | -€3,579 | -3.7% |
| Other operating charges | 640/8 | €31,089 | €31,755 | +€666 | +2.1% |
| Non-recurring operating charges | 66A | €189 | €838 | +€649 | +343.0% |
| Gross operating margin | 9900 | €686,956 | €449,309 | -€237,647 | -34.6% |
| Operating profit (loss) | 9901 | -€22,884 | -€189,850 | -€166,966 | -729.6% |
| Financial income | 75/76B | €9,092 | €39,164 | +€30,072 | +330.7% |
| Recurring financial income | 75 | €8,742 | €9,847 | +€1,105 | +12.6% |
| Non-recurring financial income | 76B | €351 | €29,318 | +€28,967 | +8256.9% |
| Financial charges | 65/66B | €73,537 | €65,896 | -€7,641 | -10.4% |
| Recurring financial charges | 65 | €43,152 | €45,983 | +€2,831 | +6.6% |
| Non-recurring financial charges | 66B | €30,385 | €19,913 | -€10,472 | -34.5% |
| Profit (loss) for the period before taxes | 9903 | -€87,328 | -€216,582 | -€129,253 | -148.0% |
| Income taxes | 67/77 | €186 | €57 | -€129 | -69.5% |
| Profit (loss) for the period | 9904 | -€87,514 | -€216,638 | -€129,124 | -147.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€87,514 | -€216,638 | -€129,124 | -147.5% |
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 30 September 2026 via checked.be.