Intermetal-Motor: 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.
Intermetal-Motor
Largest movements
- Financial fixed assets +€1.7m
up €1.7m (+36,202%), from €4,760 to €1.7m
- Cash -€1.2m
down €1.2m (-71.9%), from €1.7m to €479,559
mainly Investment in fixed assets (net) (-€2.5m) and Receivables within one year (-€1.2m)
- Receivables within one year +€1.2m
up €1.2m (+84.4%), from €1.4m to €2.5m
of which Other amounts receivable: +€925,078
- Tangible fixed assets -€74,896
down €74,896 (-3.4%), from €2.2m to €2.1m
of which Leasing and similar rights: -€334,983
- Contributions +€1.7m
up €1.7m (+2,742%), from €62,000 to €1.8m
- Reserves +€546,162
up €546,162 (+22.8%), from €2.4m to €2.9m
of which Distributable reserves: +€507,000
- Other debts -€462,500
down €462,500 (-66.1%), from €700,000 to €237,500
- Debts after one year -€355,413
down €355,413 (-34.9%), from €1.0m to €664,065
- Trade debts +€109,307
up €109,307 (+15.5%), from €707,149 to €816,456
- Staff costs +€118,850
up €118,850 (+23.7%), from €501,591 to €620,441
- Write-downs -€114,400
down €114,400, from €63,556 to -€50,844
- Taxes -€82,610
down €82,610 (-33.1%), from €249,386 to €166,777
- Other operating charges +€75,212
up €75,212 (+637%), from €11,811 to €87,023
- Gross operating margin -€44,411
down €44,411 (-1.7%), from €2.6m to €2.5m
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 | €5,743,254 | €7,289,434 | +€1.5m | +26.9% |
| Fixed assets | 21/28 | €2,227,157 | €3,862,637 | +€1.6m | +73.4% |
| Intangible fixed assets | 21 | €28,350 | €15,525 | -€12,825 | -45.2% |
| Tangible fixed assets | 22/27 | €2,194,047 | €2,119,151 | -€74,896 | -3.4% |
| Plant, machinery and equipment | 23 | €282,591 | €476,580 | +€193,988 | +68.6% |
| Furniture and vehicles | 24 | €332,765 | €252,107 | -€80,659 | -24.2% |
| Leasing and similar rights | 25 | €1,524,999 | €1,190,016 | -€334,983 | -22.0% |
| Other tangible fixed assets | 26 | €53,691 | €50,388 | -€3,303 | -6.2% |
| Assets under construction and advance payments | 27 | - | €150,060 | +€150,060 | |
| Financial fixed assets | 28 | €4,760 | €1,727,961 | +€1.7m | +36,202% |
| Current assets | 29/58 | €3,516,097 | €3,426,797 | -€89,300 | -2.5% |
| Stocks and contracts in progress | 3 | €416,256 | €398,525 | -€17,731 | -4.3% |
| Stocks | 30/36 | €416,256 | €398,525 | -€17,731 | -4.3% |
| Amounts receivable within one year | 40/41 | €1,366,224 | €2,519,625 | +€1.2m | +84.4% |
| Trade receivables | 40 | €1,350,033 | €1,578,356 | +€228,322 | +16.9% |
| Other amounts receivable | 41 | €16,191 | €941,269 | +€925,078 | +5,714% |
| Cash at bank and in hand | 54/58 | €1,708,329 | €479,559 | -€1.2m | -71.9% |
| Deferred charges and accrued income | 490/1 | €25,288 | €29,088 | +€3,800 | +15.0% |
| Total equity and liabilities | 10/49 | €5,743,254 | €7,289,434 | +€1.5m | +26.9% |
| Equity | 10/15 | €2,458,971 | €4,704,693 | +€2.2m | +91.3% |
| Contributions | 10/11 | €62,000 | €1,762,000 | +€1.7m | +2,742% |
| Capital | 10 | €62,000 | €1,762,000 | +€1.7m | +2,742% |
| Issued capital | 100 | €62,000 | €1,762,000 | +€1.7m | +2,742% |
| Reserves | 13 | €2,396,162 | €2,942,324 | +€546,162 | +22.8% |
| Non-distributable reserves | 130/1 | €6,200 | €45,362 | +€39,162 | +632% |
| Legal reserve | 130 | €6,200 | €45,362 | +€39,162 | +632% |
| Tax-exempt reserves | 132 | €13,962 | €13,962 | = | 0.0% |
| Distributable reserves | 133 | €2,376,000 | €2,883,000 | +€507,000 | +21.3% |
| Profit (loss) carried forward | 14 | €808 | €369 | -€440 | -54.4% |
| Amounts payable | 17/49 | €3,284,283 | €2,584,741 | -€699,543 | -21.3% |
| Amounts payable after more than one year | 17 | €1,019,478 | €664,065 | -€355,413 | -34.9% |
| Financial debts | 170/4 | €1,019,478 | €664,065 | -€355,413 | -34.9% |
| Amounts payable within one year | 42/48 | €2,263,434 | €1,912,015 | -€351,419 | -15.5% |
| Current portion of amounts payable after more than one year | 42 | €649,523 | €582,365 | -€67,158 | -10.3% |
| Trade debts | 44 | €707,149 | €816,456 | +€109,307 | +15.5% |
| Suppliers | 440/4 | €707,149 | €816,456 | +€109,307 | +15.5% |
| Advances received on contracts in progress | 46 | €137,895 | €126,130 | -€11,765 | -8.5% |
| Taxes, remuneration and social security | 45 | €68,867 | €149,564 | +€80,697 | +117% |
| Taxes | 450/3 | €24,943 | €67,811 | +€42,868 | +172% |
| Remuneration and social security | 454/9 | €43,924 | €81,754 | +€37,829 | +86.1% |
| Other amounts payable | 47/48 | €700,000 | €237,500 | -€462,500 | -66.1% |
| Accrued charges and deferred income | 492/3 | €1,371 | €8,661 | +€7,289 | +532% |
| Non-recurring operating income | 76A | €29,210 | €54,074 | +€24,864 | +85.1% |
| Remuneration, social security and pensions | 62 | €501,591 | €620,441 | +€118,850 | +23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €902,581 | €900,141 | -€2,441 | -0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €63,556 | -€50,844 | -€114,400 | |
| Other operating charges | 640/8 | €11,811 | €87,023 | +€75,212 | +637% |
| Non-recurring operating charges | 66A | €3,383 | €1,230 | -€2,153 | -63.6% |
| Gross operating margin | 9900 | €2,574,173 | €2,529,762 | -€44,411 | -1.7% |
| Operating profit (loss) | 9901 | €1,091,251 | €971,771 | -€119,479 | -10.9% |
| Financial income | 75/76B | €20,993 | €48,279 | +€27,285 | +130% |
| Recurring financial income | 75 | €20,993 | €48,279 | +€27,285 | +130% |
| Financial charges | 65/66B | €66,029 | €70,051 | +€4,022 | +6.1% |
| Recurring financial charges | 65 | €66,029 | €70,051 | +€4,022 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €1,046,215 | €949,999 | -€96,216 | -9.2% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €249,386 | €166,777 | -€82,610 | -33.1% |
| Profit (loss) for the period | 9904 | €796,829 | €783,222 | -€13,607 | -1.7% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €796,829 | €783,222 | -€13,607 | -1.7% |
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 20 October 2026 via checked.be.