INTERENCAISS: 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.
What changed
INTERENCAISS
NACE 46.900, Non-specialised wholesale trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€27,326
2024 · €27,220-€54,546
Equity
€86,697
2024 · €114,023-€27,326
Cash
€490,968
2024 · €988,849-€497,880
Balance sheet total
€650,912
2024 · €1.2m-€525,141
Largest movements
Assets
- Cash -€497,880
down €497,880 (-50.3%), from €988,849 to €490,968
mainly Advances received (-€446,934) and Net result for the year (-€27,326)
Equity and liabilities
- Advances received -€446,934
down €446,934 (-47.7%), from €936,066 to €489,132
- Profit (loss) carried forward -€27,326
down €27,326, from €20,726 to -€6,600
- Other debts -€20,822
down €20,822 (-68.1%), from €30,570 to €9,749
Income statement
- Gross operating margin -€96,864
down €96,864 (-50.8%), from €190,545 to €93,681
- Staff costs -€30,159
down €30,159 (-24.9%), from €120,913 to €90,754
- Taxes -€11,899
down €11,899 (-94.9%), from €12,537 to €639
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.
Result 2024
€27,220
Gross operating margin
-€96,864
Staff costs
+€30,159
Depreciation
-€181
Write-downs
-€254
Other operating charges
+€1,686
Financial income
-€446
Financial charges
-€545
Taxes
+€11,899
Result 2025
-€27,326
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.
From operations
-€475,505
Investment
-€2,400
Financing
-€19,975
Cash 2024
€988,849
From operations (derived)
-€475,505
Net result for the year
-€27,326
Depreciation
+€17,630
Receivables within one year
+€8,435
Deferred charges and accrued income
+€3,595
Trade debts
-€2,369
Tax, wage and social debts
-€7,715
Advances received
-€446,934
Other debts
-€20,822
Investment (derived)
-€2,400
Investment in fixed assets (net)
-€2,400
Financing
-€19,975
Debts after one year
-€9,678
Current portion of long-term debt
-€10,297
Cash 2025
€490,968
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,176,053 | €650,912 | -€525,141 | -44.7% |
| Fixed assets | 21/28 | €160,129 | €144,899 | -€15,230 | -9.5% |
| Intangible fixed assets | 21 | €14,683 | €10,770 | -€3,913 | -26.6% |
| Tangible fixed assets | 22/27 | €143,591 | €132,273 | -€11,317 | -7.9% |
| Land and buildings | 22 | €138,337 | €128,424 | -€9,914 | -7.2% |
| Furniture and vehicles | 24 | €2,435 | €1,481 | -€954 | -39.2% |
| Other tangible fixed assets | 26 | €2,818 | €2,368 | -€450 | -16.0% |
| Financial fixed assets | 28 | €1,855 | €1,855 | = | 0.0% |
| Current assets | 29/58 | €1,015,923 | €506,013 | -€509,910 | -50.2% |
| Amounts receivable within one year | 40/41 | €8,877 | €442 | -€8,435 | -95.0% |
| Trade receivables | 40 | €5,915 | €441 | -€5,474 | -92.5% |
| Other amounts receivable | 41 | €2,962 | €1 | -€2,961 | -100.0% |
| Cash at bank and in hand | 54/58 | €988,849 | €490,968 | -€497,880 | -50.3% |
| Deferred charges and accrued income | 490/1 | €18,197 | €14,602 | -€3,595 | -19.8% |
| Total equity and liabilities | 10/49 | €1,176,053 | €650,912 | -€525,141 | -44.7% |
| Equity | 10/15 | €114,023 | €86,697 | -€27,326 | -24.0% |
| Contributions | 10/11 | €24,797 | €24,797 | = | 0.0% |
| Reserves | 13 | €68,500 | €68,500 | = | 0.0% |
| Distributable reserves | 133 | €68,500 | €68,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,726 | -€6,600 | -€27,326 | |
| Amounts payable | 17/49 | €1,062,030 | €564,215 | -€497,815 | -46.9% |
| Amounts payable after more than one year | 17 | €55,994 | €46,316 | -€9,678 | -17.3% |
| Financial debts | 170/4 | €55,994 | €46,316 | -€9,678 | -17.3% |
| Amounts payable within one year | 42/48 | €1,006,036 | €517,899 | -€488,137 | -48.5% |
| Current portion of amounts payable after more than one year | 42 | €19,975 | €9,678 | -€10,297 | -51.5% |
| Trade debts | 44 | €2,868 | €498 | -€2,369 | -82.6% |
| Suppliers | 440/4 | €2,868 | €498 | -€2,369 | -82.6% |
| Advances received on contracts in progress | 46 | €936,066 | €489,132 | -€446,934 | -47.7% |
| Taxes, remuneration and social security | 45 | €16,557 | €8,842 | -€7,715 | -46.6% |
| Taxes | 450/3 | €4,145 | €4,306 | +€161 | +3.9% |
| Remuneration and social security | 454/9 | €12,412 | €4,536 | -€7,876 | -63.5% |
| Other amounts payable | 47/48 | €30,570 | €9,749 | -€20,822 | -68.1% |
| Remuneration, social security and pensions | 62 | €120,913 | €90,754 | -€30,159 | -24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,449 | €17,630 | +€181 | +1.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €254 | +€254 | |
| Other operating charges | 640/8 | €7,823 | €6,137 | -€1,686 | -21.6% |
| Gross operating margin | 9900 | €190,545 | €93,681 | -€96,864 | -50.8% |
| Operating profit (loss) | 9901 | €44,360 | -€21,094 | -€65,454 | |
| Financial income | 75/76B | €448 | €2 | -€446 | -99.6% |
| Recurring financial income | 75 | €448 | €2 | -€446 | -99.6% |
| Financial charges | 65/66B | €5,050 | €5,595 | +€545 | +10.8% |
| Recurring financial charges | 65 | €5,050 | €5,595 | +€545 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | €39,757 | -€26,687 | -€66,444 | |
| Income taxes | 67/77 | €12,537 | €639 | -€11,899 | -94.9% |
| Profit (loss) for the period | 9904 | €27,220 | -€27,326 | -€54,546 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,220 | -€27,326 | -€54,546 |
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.