Intermezzo Tienen: 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.
Intermezzo Tienen
Largest movements
- Cash -€7,511
down €7,511 (-88.5%), from €8,490 to €979
mainly Other debts (-€8,344) and Tax, wage and social debts (-€6,023)
- Receivables within one year -€1,091
down €1,091 (-21.9%), from €4,977 to €3,886
of which Trade receivables: -€728
- Deferred charges and accrued income +€428
new in 2025: €428
- Other debts -€8,344
down €8,344 (-57.8%), from €14,442 to €6,098
- Tax, wage and social debts -€6,023
down €6,023 (-69.0%), from €8,734 to €2,711
- Profit (loss) carried forward +€4,012
up €4,012, from -€279 to €3,733
- Trade debts +€2,075
up €2,075 (+79.8%), from €2,601 to €4,675
- Gross operating margin -€6,289
down €6,289 (-29.7%), from €21,155 to €14,867
- Taxes +€3,771
new in 2025: €3,771
- Depreciation +€3,051
up €3,051 (+804%), from €380 to €3,431
- Other operating charges -€1,749
down €1,749 (-33.0%), from €5,299 to €3,549
- Financial charges -€837
down €837 (-85.5%), from €979 to €142
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 | €31,698 | €23,417 | -€8,280 | -26.1% |
| Fixed assets | 21/28 | €16,509 | €16,505 | -€5 | 0.0% |
| Tangible fixed assets | 22/27 | €16,509 | €16,505 | -€5 | 0.0% |
| Land and buildings | 22 | €1,444 | €1,251 | -€193 | -13.3% |
| Plant, machinery and equipment | 23 | €75 | €3,261 | +€3,186 | +4,240% |
| Furniture and vehicles | 24 | €14,990 | €11,992 | -€2,998 | -20.0% |
| Current assets | 29/58 | €15,189 | €6,913 | -€8,276 | -54.5% |
| Stocks and contracts in progress | 3 | €1,721 | €1,620 | -€101 | -5.9% |
| Stocks | 30/36 | €1,721 | €1,620 | -€101 | -5.9% |
| Amounts receivable within one year | 40/41 | €4,977 | €3,886 | -€1,091 | -21.9% |
| Trade receivables | 40 | €1,810 | €1,082 | -€728 | -40.2% |
| Other amounts receivable | 41 | €3,167 | €2,804 | -€363 | -11.4% |
| Cash at bank and in hand | 54/58 | €8,490 | €979 | -€7,511 | -88.5% |
| Deferred charges and accrued income | 490/1 | - | €428 | +€428 | |
| Total equity and liabilities | 10/49 | €31,698 | €23,417 | -€8,280 | -26.1% |
| Equity | 10/15 | €5,921 | €9,933 | +€4,012 | +67.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€279 | €3,733 | +€4,012 | |
| Amounts payable | 17/49 | €25,776 | €13,484 | -€12,292 | -47.7% |
| Amounts payable within one year | 42/48 | €25,776 | €13,484 | -€12,292 | -47.7% |
| Trade debts | 44 | €2,601 | €4,675 | +€2,075 | +79.8% |
| Suppliers | 440/4 | €2,601 | €4,675 | +€2,075 | +79.8% |
| Taxes, remuneration and social security | 45 | €8,734 | €2,711 | -€6,023 | -69.0% |
| Taxes | 450/3 | €8,734 | €2,711 | -€6,023 | -69.0% |
| Other amounts payable | 47/48 | €14,442 | €6,098 | -€8,344 | -57.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €380 | €3,431 | +€3,051 | +804% |
| Other operating charges | 640/8 | €5,299 | €3,549 | -€1,749 | -33.0% |
| Gross operating margin | 9900 | €21,155 | €14,867 | -€6,289 | -29.7% |
| Operating profit (loss) | 9901 | €15,477 | €7,887 | -€7,590 | -49.0% |
| Financial income | 75/76B | €82 | €39 | -€43 | -52.8% |
| Recurring financial income | 75 | €82 | €39 | -€43 | -52.8% |
| Financial charges | 65/66B | €979 | €142 | -€837 | -85.5% |
| Recurring financial charges | 65 | €979 | €142 | -€837 | -85.5% |
| Profit (loss) for the period before taxes | 9903 | €14,580 | €7,783 | -€6,797 | -46.6% |
| Income taxes | 67/77 | - | €3,771 | +€3,771 | |
| Profit (loss) for the period | 9904 | €14,580 | €4,012 | -€10,568 | -72.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,580 | €4,012 | -€10,568 | -72.5% |
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 25 October 2026 via checked.be.