INTERCOR: 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.
INTERCOR
Largest movements
- Cash +€85,067
up €85,067 (+71.3%), from €119,307 to €204,374
mainly Net result for the year (+€162,365) and Trade debts (+€50,411)
- Receivables within one year +€39,191
up €39,191 (+206.9%), from €18,938 to €58,129
- Stocks and contracts +€31,718
up €31,718 (+107.8%), from €29,419 to €61,137
- Tangible fixed assets +€17,397
up €17,397 (+97.9%), from €17,773 to €35,170
of which Furniture and vehicles: +€19,315
- Reserves +€160,699
up €160,699 (+200.8%), from €80,041 to €240,740
- Trade debts +€50,411
up €50,411 (+582.1%), from €8,661 to €59,072
- Other debts -€43,410
down €43,410 (-69.7%), from €62,317 to €18,907
- Tax, wage and social debts +€11,120
up €11,120 (+77.8%), from €14,298 to €25,418
- Gross operating margin +€207,345
up €207,345 (+477.8%), from €43,397 to €250,742
- Taxes +€65,948
up €65,948 (+507.4%), from €12,998 to €78,946
- Financial income +€4,963
up €4,963 (+13711.1%), from €36 to €5,000
- Depreciation +€4,562
up €4,562 (+93.7%), from €4,870 to €9,433
- Financial charges +€2,783
up €2,783 (+198.4%), from €1,403 to €4,186
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 | €187,030 | €362,729 | +€175,700 | +93.9% |
| Fixed assets | 21/28 | €17,788 | €35,185 | +€17,397 | +97.8% |
| Tangible fixed assets | 22/27 | €17,773 | €35,170 | +€17,397 | +97.9% |
| Plant, machinery and equipment | 23 | €223 | €570 | +€347 | +155.1% |
| Furniture and vehicles | 24 | €8,310 | €27,625 | +€19,315 | +232.4% |
| Other tangible fixed assets | 26 | €9,239 | €6,975 | -€2,264 | -24.5% |
| Financial fixed assets | 28 | €15 | €15 | = | 0.0% |
| Current assets | 29/58 | €169,241 | €327,544 | +€158,303 | +93.5% |
| Stocks and contracts in progress | 3 | €29,419 | €61,137 | +€31,718 | +107.8% |
| Stocks | 30/36 | €29,419 | €61,137 | +€31,718 | +107.8% |
| Amounts receivable within one year | 40/41 | €18,938 | €58,129 | +€39,191 | +206.9% |
| Trade receivables | 40 | €18,938 | €58,129 | +€39,191 | +206.9% |
| Cash at bank and in hand | 54/58 | €119,307 | €204,374 | +€85,067 | +71.3% |
| Deferred charges and accrued income | 490/1 | €1,577 | €3,903 | +€2,326 | +147.5% |
| Total equity and liabilities | 10/49 | €187,030 | €362,729 | +€175,700 | +93.9% |
| Equity | 10/15 | €98,633 | €259,332 | +€160,699 | +162.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €80,041 | €240,740 | +€160,699 | +200.8% |
| Distributable reserves | 133 | €80,041 | €240,740 | +€160,699 | +200.8% |
| Amounts payable | 17/49 | €88,397 | €103,397 | +€15,001 | +17.0% |
| Amounts payable within one year | 42/48 | €85,277 | €103,397 | +€18,120 | +21.2% |
| Trade debts | 44 | €8,661 | €59,072 | +€50,411 | +582.1% |
| Suppliers | 440/4 | €8,661 | €59,072 | +€50,411 | +582.1% |
| Taxes, remuneration and social security | 45 | €14,298 | €25,418 | +€11,120 | +77.8% |
| Taxes | 450/3 | €14,298 | €25,418 | +€11,120 | +77.8% |
| Other amounts payable | 47/48 | €62,317 | €18,907 | -€43,410 | -69.7% |
| Accrued charges and deferred income | 492/3 | €3,120 | - | -€3,120 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,870 | €9,433 | +€4,562 | +93.7% |
| Other operating charges | 640/8 | €471 | €812 | +€341 | +72.3% |
| Gross operating margin | 9900 | €43,397 | €250,742 | +€207,345 | +477.8% |
| Operating profit (loss) | 9901 | €38,055 | €240,497 | +€202,441 | +532.0% |
| Financial income | 75/76B | €36 | €5,000 | +€4,963 | +13711.1% |
| Recurring financial income | 75 | €36 | €5,000 | +€4,963 | +13711.1% |
| Financial charges | 65/66B | €1,403 | €4,186 | +€2,783 | +198.4% |
| Recurring financial charges | 65 | €1,403 | €4,186 | +€2,783 | +198.4% |
| Profit (loss) for the period before taxes | 9903 | €36,689 | €241,311 | +€204,622 | +557.7% |
| Income taxes | 67/77 | €12,998 | €78,946 | +€65,948 | +507.4% |
| Profit (loss) for the period | 9904 | €23,691 | €162,365 | +€138,674 | +585.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,691 | €162,365 | +€138,674 | +585.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.