Intermark Service: 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.
Intermark Service
Largest movements
- Tangible fixed assets +€648,991
up €648,991 (+154.4%), from €420,300 to €1.1m
of which Land and buildings: +€650,610
- Receivables within one year +€364,993
up €364,993 (+1163.7%), from €31,365 to €396,359
of which Other amounts receivable: +€219,434
- Stocks and contracts +€294,419
up €294,419 (+120.7%), from €243,834 to €538,253
- Cash -€69,115
down €69,115 (-24.6%), from €281,056 to €211,940
mainly Investment in fixed assets (net) (-€716,250) and Receivables within one year (-€364,993)
- Financial fixed assets +€50,750
up €50,750 (+10.1%), from €503,709 to €554,459
- Other debts +€502,646
up €502,646 (+51.3%), from €980,586 to €1.5m
- Debts after one year +€335,751
up €335,751 (+110.6%), from €303,635 to €639,387
- Short-term financial debts +€200,000
new in 2025: €200,000
- Profit (loss) carried forward +€174,833
up €174,833 (+29.0%), from -€603,748 to -€428,915
- Trade debts +€69,666
up €69,666 (+549.7%), from €12,673 to €82,340
- Financial charges -€680,683
down €680,683 (-96.1%), from €708,123 to €27,441
of which Non-recurring financial charges: -€652,400
- Gross operating margin +€141,678
up €141,678 (+180.2%), from €78,601 to €220,279
- Depreciation -€43,339
down €43,339 (-72.4%), from €59,848 to €16,509
- Financial income -€4,198
down €4,198 (-66.7%), from €6,290 to €2,092
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,484,618 | €2,772,190 | +€1.3m | +86.7% |
| Fixed assets | 21/28 | €924,009 | €1,623,750 | +€699,741 | +75.7% |
| Tangible fixed assets | 22/27 | €420,300 | €1,069,291 | +€648,991 | +154.4% |
| Land and buildings | 22 | €418,004 | €1,068,614 | +€650,610 | +155.6% |
| Furniture and vehicles | 24 | €511 | - | -€511 | |
| Other tangible fixed assets | 26 | €1,785 | €677 | -€1,108 | -62.1% |
| Financial fixed assets | 28 | €503,709 | €554,459 | +€50,750 | +10.1% |
| Current assets | 29/58 | €560,609 | €1,148,441 | +€587,832 | +104.9% |
| Stocks and contracts in progress | 3 | €243,834 | €538,253 | +€294,419 | +120.7% |
| Stocks | 30/36 | €243,834 | €538,253 | +€294,419 | +120.7% |
| Amounts receivable within one year | 40/41 | €31,365 | €396,359 | +€364,993 | +1163.7% |
| Trade receivables | 40 | €28,812 | €174,371 | +€145,560 | +505.2% |
| Other amounts receivable | 41 | €2,554 | €221,987 | +€219,434 | +8593.0% |
| Cash at bank and in hand | 54/58 | €281,056 | €211,940 | -€69,115 | -24.6% |
| Deferred charges and accrued income | 490/1 | €4,354 | €1,889 | -€2,465 | -56.6% |
| Total equity and liabilities | 10/49 | €1,484,618 | €2,772,190 | +€1.3m | +86.7% |
| Equity | 10/15 | €121,216 | €296,049 | +€174,833 | +144.2% |
| Contributions | 10/11 | €491,500 | €491,500 | = | 0.0% |
| Contributions outside capital | 11 | €491,500 | €491,500 | = | 0.0% |
| Other | 1109/19 | €491,500 | €491,500 | = | 0.0% |
| Reserves | 13 | €233,464 | €233,464 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €227,314 | €227,314 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€603,748 | -€428,915 | +€174,833 | +29.0% |
| Amounts payable | 17/49 | €1,363,402 | €2,476,141 | +€1.1m | +81.6% |
| Amounts payable after more than one year | 17 | €303,635 | €639,387 | +€335,751 | +110.6% |
| Financial debts | 170/4 | €303,635 | €639,387 | +€335,751 | +110.6% |
| Amounts payable within one year | 42/48 | €1,029,579 | €1,836,754 | +€807,175 | +78.4% |
| Current portion of amounts payable after more than one year | 42 | €9,979 | €25,669 | +€15,690 | +157.2% |
| Financial debts | 43 | - | €200,000 | +€200,000 | |
| Credit institutions | 430/8 | - | €200,000 | +€200,000 | |
| Trade debts | 44 | €12,673 | €82,340 | +€69,666 | +549.7% |
| Suppliers | 440/4 | €12,673 | €82,340 | +€69,666 | +549.7% |
| Taxes, remuneration and social security | 45 | €26,342 | €45,514 | +€19,173 | +72.8% |
| Taxes | 450/3 | €26,342 | €45,514 | +€19,173 | +72.8% |
| Other amounts payable | 47/48 | €980,586 | €1,483,232 | +€502,646 | +51.3% |
| Accrued charges and deferred income | 492/3 | €30,187 | - | -€30,187 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,848 | €16,509 | -€43,339 | -72.4% |
| Other operating charges | 640/8 | €4,066 | €3,438 | -€628 | -15.5% |
| Gross operating margin | 9900 | €78,601 | €220,279 | +€141,678 | +180.2% |
| Operating profit (loss) | 9901 | €14,687 | €200,332 | +€185,645 | +1264.0% |
| Financial income | 75/76B | €6,290 | €2,092 | -€4,198 | -66.7% |
| Recurring financial income | 75 | €6,290 | €2,092 | -€4,198 | -66.7% |
| Financial charges | 65/66B | €708,123 | €27,441 | -€680,683 | -96.1% |
| Recurring financial charges | 65 | €55,723 | €27,441 | -€28,283 | -50.8% |
| Non-recurring financial charges | 66B | €652,400 | - | -€652,400 | |
| Profit (loss) for the period before taxes | 9903 | -€687,146 | €174,983 | +€862,130 | |
| Income taxes | 67/77 | €73 | €150 | +€77 | +105.8% |
| Profit (loss) for the period | 9904 | -€687,219 | €174,833 | +€862,052 | |
| Profit (loss) for the period to be appropriated | 9905 | -€687,219 | €174,833 | +€862,052 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.