INTERMAR SURVEYS: 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.
INTERMAR SURVEYS
Largest movements
- Receivables within one year -€37,745
down €37,745 (-18.3%), from €206,473 to €168,727
of which Trade receivables: -€35,250
- Cash -€25,717
down €25,717 (-38.2%), from €67,277 to €41,560
mainly Contributions, distributions and other (-€250,000) and Debts after one year (-€26,768)
- Tangible fixed assets -€18,880
down €18,880 (-6.4%), from €296,085 to €277,205
- Reserves -€56,977
down €56,977 (-17.1%), from €332,748 to €275,772
of which Distributable reserves: -€56,977
- Debts after one year -€26,768
down €26,768 (-40.1%), from €66,797 to €40,029
- Short-term financial debts +€7,270
up €7,270 (+15.5%), from €46,978 to €54,247
- Tax, wage and social debts -€5,935
down €5,935 (-15.5%), from €38,264 to €32,329
of which Remuneration and social security: -€5,304
- Gross operating margin -€94,479
down €94,479 (-15.5%), from €610,041 to €515,563
- Staff costs -€53,103
down €53,103 (-19.2%), from €276,285 to €223,182
- Purchases and services +€47,189
up €47,189 (+10.8%), from €435,637 to €482,825
- Turnover -€46,202
down €46,202 (-4.5%), from €1.0m to €990,259
- Depreciation -€20,479
down €20,479 (-48.8%), from €41,971 to €21,492
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 | €570,308 | €487,965 | -€82,343 | -14.4% |
| Fixed assets | 21/28 | €296,245 | €277,365 | -€18,880 | -6.4% |
| Tangible fixed assets | 22/27 | €296,085 | €277,205 | -€18,880 | -6.4% |
| Land and buildings | 22 | €258,871 | €250,948 | -€7,923 | -3.1% |
| Plant, machinery and equipment | 23 | €5,562 | €4,516 | -€1,046 | -18.8% |
| Furniture and vehicles | 24 | €17,160 | €8,735 | -€8,425 | -49.1% |
| Other tangible fixed assets | 26 | €14,491 | €13,005 | -€1,486 | -10.3% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €274,063 | €210,600 | -€63,463 | -23.2% |
| Amounts receivable within one year | 40/41 | €206,473 | €168,727 | -€37,745 | -18.3% |
| Trade receivables | 40 | €190,069 | €154,819 | -€35,250 | -18.5% |
| Other amounts receivable | 41 | €16,404 | €13,908 | -€2,496 | -15.2% |
| Cash at bank and in hand | 54/58 | €67,277 | €41,560 | -€25,717 | -38.2% |
| Deferred charges and accrued income | 490/1 | €314 | €314 | = | 0.0% |
| Total equity and liabilities | 10/49 | €570,308 | €487,965 | -€82,343 | -14.4% |
| Equity | 10/15 | €351,298 | €294,322 | -€56,977 | -16.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €332,748 | €275,772 | -€56,977 | -17.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,030 | €6,030 | = | 0.0% |
| Distributable reserves | 133 | €324,859 | €267,882 | -€56,977 | -17.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €219,010 | €193,644 | -€25,366 | -11.6% |
| Amounts payable after more than one year | 17 | €66,797 | €40,029 | -€26,768 | -40.1% |
| Financial debts | 170/4 | €66,797 | €40,029 | -€26,768 | -40.1% |
| Amounts payable within one year | 42/48 | €152,212 | €153,614 | +€1,402 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €25,597 | €26,768 | +€1,171 | +4.6% |
| Financial debts | 43 | €46,978 | €54,247 | +€7,270 | +15.5% |
| Credit institutions | 430/8 | €46,978 | €54,247 | +€7,270 | +15.5% |
| Trade debts | 44 | €41,374 | €40,270 | -€1,103 | -2.7% |
| Suppliers | 440/4 | €41,374 | €40,270 | -€1,103 | -2.7% |
| Taxes, remuneration and social security | 45 | €38,264 | €32,329 | -€5,935 | -15.5% |
| Taxes | 450/3 | €7,000 | €6,369 | -€631 | -9.0% |
| Remuneration and social security | 454/9 | €31,264 | €25,960 | -€5,304 | -17.0% |
| Turnover | 70 | €1,036,461 | €990,259 | -€46,202 | -4.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €435,637 | €482,825 | +€47,189 | +10.8% |
| Remuneration, social security and pensions | 62 | €276,285 | €223,182 | -€53,103 | -19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,971 | €21,492 | -€20,479 | -48.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€15,440 | -€4,868 | +€10,572 | +68.5% |
| Other operating charges | 640/8 | €17,403 | €4,529 | -€12,874 | -74.0% |
| Gross operating margin | 9900 | €610,041 | €515,563 | -€94,479 | -15.5% |
| Operating profit (loss) | 9901 | €289,823 | €271,228 | -€18,595 | -6.4% |
| Financial income | 75/76B | €1,027 | €414 | -€613 | -59.7% |
| Recurring financial income | 75 | €1,027 | €414 | -€613 | -59.7% |
| Financial charges | 65/66B | €8,714 | €7,325 | -€1,389 | -15.9% |
| Recurring financial charges | 65 | €8,714 | €7,325 | -€1,389 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €282,136 | €264,317 | -€17,819 | -6.3% |
| Income taxes | 67/77 | €77,869 | €71,294 | -€6,574 | -8.4% |
| Profit (loss) for the period | 9904 | €204,267 | €193,023 | -€11,244 | -5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €204,267 | €193,023 | -€11,244 | -5.5% |
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 14 October 2026 via checked.be.