INTERDUO: what changed
Two financial 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.
INTERDUO
Largest movements
- Receivables within one year -€55,564
down €55,564 (-17.4%), from €318,621 to €263,058
of which Other amounts receivable: -€50,211
- Cash +€40,983
up €40,983 (+49.4%), from €82,952 to €123,935
mainly Net result for the year (+€146,898) and Receivables within one year (+€55,564)
- Deferred charges and accrued income +€39,837
up €39,837 (+24.9%), from €159,959 to €199,796
- Reserves +€46,898
up €46,898 (+29.6%), from €158,461 to €205,360
- Trade debts -€19,853
down €19,853 (-57.0%), from €34,850 to €14,997
- Debts after one year -€10,129
down €10,129 (-46.8%), from €21,634 to €11,504
- Short-term financial debts +€7,617
up €7,617 (+14.5%), from €52,638 to €60,255
of which Credit institutions: +€7,656
- Staff costs -€31,853
down €31,853 (-24.5%), from €130,269 to €98,416
- Other operating charges -€3,768
down €3,768 (-97.8%), from €3,852 to €84
- Taxes +€3,740
up €3,740 (+11.2%), from €33,503 to €37,243
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.
Derived cash bridge
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 | €591,998 | €614,441 | +€22,443 | +3.8% |
| Fixed assets | 21/28 | €30,466 | €27,652 | -€2,814 | -9.2% |
| Tangible fixed assets | 22/27 | €30,466 | €27,652 | -€2,814 | -9.2% |
| Plant, machinery and equipment | 23 | €8,878 | €9,533 | +€655 | +7.4% |
| Furniture and vehicles | 24 | €21,299 | €17,975 | -€3,325 | -15.6% |
| Other tangible fixed assets | 26 | €289 | €145 | -€145 | -50.0% |
| Current assets | 29/58 | €561,532 | €586,789 | +€25,257 | +4.5% |
| Amounts receivable within one year | 40/41 | €318,621 | €263,058 | -€55,564 | -17.4% |
| Trade receivables | 40 | €5,353 | - | -€5,353 | |
| Other amounts receivable | 41 | €313,268 | €263,058 | -€50,211 | -16.0% |
| Cash at bank and in hand | 54/58 | €82,952 | €123,935 | +€40,983 | +49.4% |
| Deferred charges and accrued income | 490/1 | €159,959 | €199,796 | +€39,837 | +24.9% |
| Total equity and liabilities | 10/49 | €591,998 | €614,441 | +€22,443 | +3.8% |
| Equity | 10/15 | €342,961 | €389,860 | +€46,898 | +13.7% |
| Contributions | 10/11 | €184,500 | €184,500 | = | 0.0% |
| Reserves | 13 | €158,461 | €205,360 | +€46,898 | +29.6% |
| Distributable reserves | 133 | €158,461 | €205,360 | +€46,898 | +29.6% |
| Amounts payable | 17/49 | €249,037 | €224,582 | -€24,455 | -9.8% |
| Amounts payable after more than one year | 17 | €21,634 | €11,504 | -€10,129 | -46.8% |
| Financial debts | 170/4 | €21,634 | €11,504 | -€10,129 | -46.8% |
| Amounts payable within one year | 42/48 | €227,403 | €213,077 | -€14,326 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €10,020 | €10,129 | +€109 | +1.1% |
| Financial debts | 43 | €52,638 | €60,255 | +€7,617 | +14.5% |
| Credit institutions | 430/8 | - | €7,656 | +€7,656 | |
| Other loans | 439 | €52,638 | €52,599 | -€39 | -0.1% |
| Trade debts | 44 | €34,850 | €14,997 | -€19,853 | -57.0% |
| Suppliers | 440/4 | €34,850 | €14,997 | -€19,853 | -57.0% |
| Taxes, remuneration and social security | 45 | €29,894 | €27,695 | -€2,199 | -7.4% |
| Taxes | 450/3 | €10,068 | €11,939 | +€1,871 | +18.6% |
| Remuneration and social security | 454/9 | €19,826 | €15,756 | -€4,071 | -20.5% |
| Other amounts payable | 47/48 | €100,000 | €100,000 | = | 0.0% |
| Non-recurring operating income | 76A | - | €3,750 | +€3,750 | |
| Remuneration, social security and pensions | 62 | €130,269 | €98,416 | -€31,853 | -24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,732 | €10,325 | +€1,592 | +18.2% |
| Other operating charges | 640/8 | €3,852 | €84 | -€3,768 | -97.8% |
| Non-recurring operating charges | 66A | - | €1,140 | +€1,140 | |
| Gross operating margin | 9900 | €299,570 | €298,451 | -€1,119 | -0.4% |
| Operating profit (loss) | 9901 | €156,716 | €188,486 | +€31,770 | +20.3% |
| Financial income | 75/76B | €1,146 | €918 | -€228 | -19.9% |
| Recurring financial income | 75 | €1,146 | €918 | -€228 | -19.9% |
| Financial charges | 65/66B | €5,618 | €5,264 | -€354 | -6.3% |
| Recurring financial charges | 65 | €5,618 | €5,264 | -€354 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €152,245 | €184,141 | +€31,896 | +21.0% |
| Income taxes | 67/77 | €33,503 | €37,243 | +€3,740 | +11.2% |
| Profit (loss) for the period | 9904 | €118,742 | €146,898 | +€28,156 | +23.7% |
| Profit (loss) for the period to be appropriated | 9905 | €118,742 | €146,898 | +€28,156 | +23.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.