INTERFLUX ELECTRONICS: 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.
INTERFLUX ELECTRONICS
Largest movements
- Cash +€451,991
up €451,991 (+28.2%), from €1.6m to €2.1m
mainly Receivables within one year (+€440,677) and Net result for the year (+€426,595)
- Receivables within one year -€440,677
down €440,677 (-23.4%), from €1.9m to €1.4m
of which Trade receivables: -€567,533
- Tangible fixed assets +€135,955
up €135,955 (+10.9%), from €1.2m to €1.4m
of which Land and buildings: +€182,306
- Receivables after one year +€90,000
up €90,000 (+22.5%), from €400,000 to €490,000
- Reserves +€426,595
up €426,595 (+6.5%), from €6.6m to €7.0m
of which Distributable reserves: +€448,446
- Trade debts -€139,742
down €139,742 (-25.6%), from €546,596 to €406,854
- Gross operating margin -€87,603
down €87,603 (-4.4%), from €2.0m to €1.9m
- Depreciation -€63,340
down €63,340 (-22.9%), from €276,330 to €212,990
- Staff costs -€39,528
down €39,528 (-3.4%), from €1.2m to €1.1m
- Taxes -€28,980
down €28,980 (-18.4%), from €157,282 to €128,302
- Financial income -€28,527
down €28,527 (-37.2%), from €76,603 to €48,076
of which Financial income: -€16,777
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,008,869 | €8,256,461 | +€247,593 | +3.1% |
| Fixed assets | 21/28 | €1,253,186 | €1,389,141 | +€135,955 | +10.8% |
| Tangible fixed assets | 22/27 | €1,241,846 | €1,377,801 | +€135,955 | +10.9% |
| Land and buildings | 22 | €722,975 | €905,282 | +€182,306 | +25.2% |
| Plant, machinery and equipment | 23 | €475,045 | €437,783 | -€37,262 | -7.8% |
| Furniture and vehicles | 24 | €39,211 | €30,121 | -€9,089 | -23.2% |
| Other tangible fixed assets | 26 | €4,614 | €4,614 | = | 0.0% |
| Financial fixed assets | 28 | €11,340 | €11,340 | = | 0.0% |
| Current assets | 29/58 | €6,755,683 | €6,867,321 | +€111,638 | +1.7% |
| Amounts receivable after more than one year | 29 | €400,000 | €490,000 | +€90,000 | +22.5% |
| Other amounts receivable | 291 | €400,000 | €490,000 | +€90,000 | +22.5% |
| Stocks and contracts in progress | 3 | €1,162,642 | €1,206,813 | +€44,171 | +3.8% |
| Stocks | 30/36 | €1,162,642 | €1,206,813 | +€44,171 | +3.8% |
| Amounts receivable within one year | 40/41 | €1,884,910 | €1,444,233 | -€440,677 | -23.4% |
| Trade receivables | 40 | €1,331,527 | €763,994 | -€567,533 | -42.6% |
| Other amounts receivable | 41 | €553,382 | €680,238 | +€126,856 | +22.9% |
| Current investments | 50/53 | €1,635,426 | €1,637,750 | +€2,323 | +0.1% |
| Cash at bank and in hand | 54/58 | €1,603,644 | €2,055,634 | +€451,991 | +28.2% |
| Deferred charges and accrued income | 490/1 | €69,061 | €32,891 | -€36,170 | -52.4% |
| Total equity and liabilities | 10/49 | €8,008,869 | €8,256,461 | +€247,593 | +3.1% |
| Equity | 10/15 | €7,181,470 | €7,608,065 | +€426,595 | +5.9% |
| Contributions | 10/11 | €620,000 | €620,000 | = | 0.0% |
| Capital | 10 | €620,000 | €620,000 | = | 0.0% |
| Issued capital | 100 | €620,000 | €620,000 | = | 0.0% |
| Reserves | 13 | €6,561,470 | €6,988,065 | +€426,595 | +6.5% |
| Non-distributable reserves | 130/1 | €62,000 | €62,000 | = | 0.0% |
| Legal reserve | 130 | €62,000 | €62,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €358,852 | €337,000 | -€21,851 | -6.1% |
| Distributable reserves | 133 | €6,140,618 | €6,589,065 | +€448,446 | +7.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €52,968 | €52,968 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €52,968 | €52,968 | = | 0.0% |
| Major repairs and maintenance | 162 | €52,968 | €52,968 | = | 0.0% |
| Amounts payable | 17/49 | €774,431 | €595,428 | -€179,002 | -23.1% |
| Amounts payable within one year | 42/48 | €773,917 | €592,505 | -€181,411 | -23.4% |
| Trade debts | 44 | €546,596 | €406,854 | -€139,742 | -25.6% |
| Suppliers | 440/4 | €546,596 | €406,854 | -€139,742 | -25.6% |
| Taxes, remuneration and social security | 45 | €227,320 | €185,651 | -€41,670 | -18.3% |
| Taxes | 450/3 | €67,451 | €61,070 | -€6,382 | -9.5% |
| Remuneration and social security | 454/9 | €159,869 | €124,581 | -€35,288 | -22.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €514 | €2,923 | +€2,409 | +468.6% |
| Remuneration, social security and pensions | 62 | €1,170,884 | €1,131,356 | -€39,528 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €276,330 | €212,990 | -€63,340 | -22.9% |
| Other operating charges | 640/8 | €34,671 | €25,772 | -€8,900 | -25.7% |
| Gross operating margin | 9900 | €1,987,199 | €1,899,596 | -€87,603 | -4.4% |
| Operating profit (loss) | 9901 | €505,314 | €529,478 | +€24,164 | +4.8% |
| Financial income | 75/76B | €76,603 | €48,076 | -€28,527 | -37.2% |
| Recurring financial income | 75 | €64,439 | €47,662 | -€16,777 | -26.0% |
| Non-recurring financial income | 76B | €12,164 | €414 | -€11,750 | -96.6% |
| Financial charges | 65/66B | €42,997 | €22,657 | -€20,339 | -47.3% |
| Recurring financial charges | 65 | €42,997 | €22,657 | -€20,339 | -47.3% |
| Profit (loss) for the period before taxes | 9903 | €538,920 | €554,897 | +€15,977 | +3.0% |
| Income taxes | 67/77 | €157,282 | €128,302 | -€28,980 | -18.4% |
| Profit (loss) for the period | 9904 | €381,638 | €426,595 | +€44,957 | +11.8% |
| Transfer from tax-exempt reserves | 789 | - | €168,400 | +€168,400 | |
| Transfer to tax-exempt reserves | 689 | €169,201 | €146,549 | -€22,653 | -13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €212,437 | €448,446 | +€236,010 | +111.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.