INTERCITY PROJECTS: 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.
INTERCITY PROJECTS
Largest movements
- Cash -€4,097
down €4,097 (-56.0%), from €7,316 to €3,219
mainly Net result for the year (-€4,310) and Trade debts (-€108)
- Receivables within one year -€321
down €321 (-2.6%), from €12,523 to €12,202
of which Trade receivables: -€449
- Profit (loss) carried forward -€4,310
down €4,310 (-5.5%), from -€77,668 to -€81,978
- Other operating charges +€1,321
up €1,321 (+1048.5%), from €126 to €1,447
- Gross operating margin +€392
up €392 (+12.1%), from -€3,231 to -€2,839
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 | €19,839 | €15,422 | -€4,418 | -22.3% |
| Current assets | 29/58 | €19,839 | €15,422 | -€4,418 | -22.3% |
| Amounts receivable within one year | 40/41 | €12,523 | €12,202 | -€321 | -2.6% |
| Trade receivables | 40 | €449 | €0 | -€449 | -100.0% |
| Other amounts receivable | 41 | €12,074 | €12,202 | +€128 | +1.1% |
| Cash at bank and in hand | 54/58 | €7,316 | €3,219 | -€4,097 | -56.0% |
| Total equity and liabilities | 10/49 | €19,839 | €15,422 | -€4,418 | -22.3% |
| Equity | 10/15 | €18,800 | €14,490 | -€4,310 | -22.9% |
| Contributions | 10/11 | €63,000 | €63,000 | = | 0.0% |
| Capital | 10 | €63,000 | €63,000 | = | 0.0% |
| Issued capital | 100 | €63,000 | €63,000 | = | 0.0% |
| Reserves | 13 | €33,467 | €33,467 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,300 | €6,300 | = | 0.0% |
| Legal reserve | 130 | €6,300 | €6,300 | = | 0.0% |
| Distributable reserves | 133 | €27,167 | €27,167 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€77,668 | -€81,978 | -€4,310 | -5.5% |
| Amounts payable | 17/49 | €1,040 | €932 | -€108 | -10.4% |
| Amounts payable within one year | 42/48 | €1,040 | €932 | -€108 | -10.4% |
| Trade debts | 44 | €1,040 | €932 | -€108 | -10.4% |
| Suppliers | 440/4 | €1,040 | €932 | -€108 | -10.4% |
| Other operating charges | 640/8 | €126 | €1,447 | +€1,321 | +1048.5% |
| Gross operating margin | 9900 | -€3,231 | -€2,839 | +€392 | +12.1% |
| Operating profit (loss) | 9901 | -€3,357 | -€4,286 | -€929 | -27.7% |
| Financial charges | 65/66B | €24 | €24 | = | 0.0% |
| Recurring financial charges | 65 | €24 | €24 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,381 | -€4,310 | -€929 | -27.5% |
| Profit (loss) for the period | 9904 | -€3,381 | -€4,310 | -€929 | -27.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,381 | -€4,310 | -€929 | -27.5% |
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 8 October 2026 via checked.be.