INTERMOTORS: what changed
Two fiscal 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.
INTERMOTORS
Largest movements
- Cash +€39,388
up €39,388 (+10.6%), from €370,102 to €409,490
mainly Net result for the year (+€85,148) and Depreciation (+€38,087)
- Tangible fixed assets -€36,352
down €36,352 (-6.2%), from €589,533 to €553,181
of which Land and buildings: -€21,978
- Stocks and contracts +€23,192
up €23,192 (+12.8%), from €181,257 to €204,449
- Reserves +€85,000
up €85,000 (+52.5%), from €161,860 to €246,860
- Debts after one year -€26,424
down €26,424 (-13.6%), from €194,421 to €167,997
- Tax, wage and social debts -€23,087
down €23,087 (-33.8%), from €68,332 to €45,245
of which Taxes: -€23,087
- Gross operating margin +€11,957
up €11,957 (+6.9%), from €174,067 to €186,025
- Other operating charges +€8,109
up €8,109 (+124.6%), from €6,509 to €14,618
- Taxes +€2,092
up €2,092 (+5.3%), from €39,599 to €41,691
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 | €1,166,476 | €1,192,038 | +€25,563 | +2.2% |
| Fixed assets | 21/28 | €589,533 | €553,181 | -€36,352 | -6.2% |
| Tangible fixed assets | 22/27 | €589,533 | €553,181 | -€36,352 | -6.2% |
| Land and buildings | 22 | €540,615 | €518,637 | -€21,978 | -4.1% |
| Furniture and vehicles | 24 | €48,917 | €34,544 | -€14,374 | -29.4% |
| Current assets | 29/58 | €576,943 | €638,858 | +€61,915 | +10.7% |
| Stocks and contracts in progress | 3 | €181,257 | €204,449 | +€23,192 | +12.8% |
| Stocks | 30/36 | €181,257 | €204,449 | +€23,192 | +12.8% |
| Amounts receivable within one year | 40/41 | €18,739 | €19,405 | +€666 | +3.6% |
| Trade receivables | 40 | €18,672 | €19,338 | +€666 | +3.6% |
| Other amounts receivable | 41 | €67 | €67 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €370,102 | €409,490 | +€39,388 | +10.6% |
| Deferred charges and accrued income | 490/1 | €6,845 | €5,514 | -€1,331 | -19.4% |
| Total equity and liabilities | 10/49 | €1,166,476 | €1,192,038 | +€25,563 | +2.2% |
| Equity | 10/15 | €822,180 | €907,327 | +€85,148 | +10.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €161,860 | €246,860 | +€85,000 | +52.5% |
| Distributable reserves | 133 | €161,860 | €246,860 | +€85,000 | +52.5% |
| Profit (loss) carried forward | 14 | €641,720 | €641,867 | +€148 | 0.0% |
| Amounts payable | 17/49 | €344,296 | €284,711 | -€59,585 | -17.3% |
| Amounts payable after more than one year | 17 | €194,421 | €167,997 | -€26,424 | -13.6% |
| Financial debts | 170/4 | €194,421 | €167,997 | -€26,424 | -13.6% |
| Amounts payable within one year | 42/48 | €149,874 | €116,714 | -€33,160 | -22.1% |
| Current portion of amounts payable after more than one year | 42 | €53,171 | €48,008 | -€5,162 | -9.7% |
| Trade debts | 44 | €9,456 | €3,017 | -€6,440 | -68.1% |
| Suppliers | 440/4 | €9,456 | €3,017 | -€6,440 | -68.1% |
| Taxes, remuneration and social security | 45 | €68,332 | €45,245 | -€23,087 | -33.8% |
| Taxes | 450/3 | €62,226 | €39,140 | -€23,087 | -37.1% |
| Remuneration and social security | 454/9 | €6,105 | €6,105 | = | 0.0% |
| Other amounts payable | 47/48 | €18,916 | €20,444 | +€1,528 | +8.1% |
| Non-recurring operating income | 76A | €6,696 | - | -€6,696 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,469 | €38,087 | +€618 | +1.7% |
| Other operating charges | 640/8 | €6,509 | €14,618 | +€8,109 | +124.6% |
| Gross operating margin | 9900 | €174,067 | €186,025 | +€11,957 | +6.9% |
| Operating profit (loss) | 9901 | €130,089 | €133,319 | +€3,230 | +2.5% |
| Financial income | 75/76B | €496 | €700 | +€204 | +41.2% |
| Recurring financial income | 75 | €496 | €700 | +€204 | +41.2% |
| Financial charges | 65/66B | €8,602 | €7,181 | -€1,421 | -16.5% |
| Recurring financial charges | 65 | €8,602 | €7,181 | -€1,421 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €121,983 | €126,838 | +€4,855 | +4.0% |
| Income taxes | 67/77 | €39,599 | €41,691 | +€2,092 | +5.3% |
| Profit (loss) for the period | 9904 | €82,384 | €85,148 | +€2,763 | +3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €82,384 | €85,148 | +€2,763 | +3.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.