INTERLEX: 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.
INTERLEX
Largest movements
- Cash -€592,868
down €592,868 (-62.4%), from €950,501 to €357,633
mainly Other debts (-€1.2m) and Current investments (-€151,367)
- Current investments +€151,367
up €151,367 (+141%), from €106,999 to €258,366
- Tangible fixed assets -€80,746
down €80,746 (-3.4%), from €2.4m to €2.3m
of which Land and buildings: -€73,002
- Other debts -€1.2m
down €1.2m (-99.6%), from €1.2m to €5,570
- Reserves +€746,099
up €746,099 (+53.8%), from €1.4m to €2.1m
of which Distributable reserves: +€746,099
- Gross operating margin +€72,769
up €72,769 (+6.6%), from €1.1m to €1.2m
- Financial income +€15,280
up €15,280 (+201%), from €7,592 to €22,872
- Taxes +€11,794
up €11,794 (+3.6%), from €326,045 to €337,839
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.
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 | €3,647,151 | €3,137,480 | -€509,672 | -14.0% |
| Fixed assets | 21/28 | €2,357,966 | €2,277,220 | -€80,746 | -3.4% |
| Tangible fixed assets | 22/27 | €2,357,312 | €2,276,566 | -€80,746 | -3.4% |
| Land and buildings | 22 | €2,324,511 | €2,251,508 | -€73,002 | -3.1% |
| Plant, machinery and equipment | 23 | €73 | €3,010 | +€2,937 | +4,039% |
| Furniture and vehicles | 24 | €32,728 | €22,048 | -€10,681 | -32.6% |
| Financial fixed assets | 28 | €654 | €654 | = | 0.0% |
| Current assets | 29/58 | €1,289,186 | €860,260 | -€428,926 | -33.3% |
| Amounts receivable within one year | 40/41 | €229,001 | €244,261 | +€15,260 | +6.7% |
| Trade receivables | 40 | €229,001 | €216,854 | -€12,147 | -5.3% |
| Other amounts receivable | 41 | - | €27,407 | +€27,407 | |
| Current investments | 50/53 | €106,999 | €258,366 | +€151,367 | +141% |
| Cash at bank and in hand | 54/58 | €950,501 | €357,633 | -€592,868 | -62.4% |
| Deferred charges and accrued income | 490/1 | €2,685 | - | -€2,685 | |
| Total equity and liabilities | 10/49 | €3,647,151 | €3,137,480 | -€509,672 | -14.0% |
| Equity | 10/15 | €2,151,365 | €2,897,464 | +€746,099 | +34.7% |
| Contributions | 10/11 | €174,157 | €174,157 | = | 0.0% |
| Capital | 10 | €174,157 | €174,157 | = | 0.0% |
| Issued capital | 100 | €174,157 | €174,157 | = | 0.0% |
| Revaluation surpluses | 12 | €591,259 | €591,259 | = | 0.0% |
| Reserves | 13 | €1,385,949 | €2,132,048 | +€746,099 | +53.8% |
| Non-distributable reserves | 130/1 | €127,018 | €127,018 | = | 0.0% |
| Legal reserve | 130 | €40,778 | €40,778 | = | 0.0% |
| Reserves not available under the articles | 1311 | €86,240 | €86,240 | = | 0.0% |
| Distributable reserves | 133 | €1,258,931 | €2,005,030 | +€746,099 | +59.3% |
| Amounts payable | 17/49 | €1,495,786 | €240,015 | -€1.3m | -84.0% |
| Amounts payable after more than one year | 17 | €150,297 | €132,920 | -€17,377 | -11.6% |
| Financial debts | 170/4 | €150,297 | €132,920 | -€17,377 | -11.6% |
| Amounts payable within one year | 42/48 | €1,345,489 | €107,095 | -€1.2m | -92.0% |
| Current portion of amounts payable after more than one year | 42 | €17,857 | €17,377 | -€480 | -2.7% |
| Trade debts | 44 | €12,671 | €13,858 | +€1,187 | +9.4% |
| Suppliers | 440/4 | €12,671 | €13,858 | +€1,187 | +9.4% |
| Taxes, remuneration and social security | 45 | €74,459 | €70,289 | -€4,169 | -5.6% |
| Taxes | 450/3 | €74,459 | €70,289 | -€4,169 | -5.6% |
| Other amounts payable | 47/48 | €1,240,502 | €5,570 | -€1.2m | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,892 | €83,792 | -€100 | -0.1% |
| Other operating charges | 640/8 | €17,967 | €14,051 | -€3,916 | -21.8% |
| Gross operating margin | 9900 | €1,102,848 | €1,175,617 | +€72,769 | +6.6% |
| Operating profit (loss) | 9901 | €1,000,990 | €1,077,775 | +€76,785 | +7.7% |
| Financial income | 75/76B | €7,592 | €22,872 | +€15,280 | +201% |
| Recurring financial income | 75 | €7,592 | €22,872 | +€15,280 | +201% |
| Financial charges | 65/66B | €9,990 | €16,709 | +€6,720 | +67.3% |
| Recurring financial charges | 65 | €9,990 | €16,709 | +€6,720 | +67.3% |
| Profit (loss) for the period before taxes | 9903 | €998,592 | €1,083,938 | +€85,345 | +8.5% |
| Income taxes | 67/77 | €326,045 | €337,839 | +€11,794 | +3.6% |
| Profit (loss) for the period | 9904 | €672,547 | €746,099 | +€73,551 | +10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €672,547 | €746,099 | +€73,551 | +10.9% |
Source: filed annual accounts (NBB), financial years ended 25 December 2024 and 25 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.