INTERNATIONAL BISCUITS: 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.
What changed
INTERNATIONAL BISCUITS
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2.4m
2024 · €2.5m-€78,129
Equity
€10.2m
2024 · €8.6m+€1.7m
Cash
€1.3m
2024 · €566,086+€722,666
Balance sheet total
€16.3m
2024 · €16.1m+€131,624
Largest movements
Assets
- Cash +€722,666
up €722,666 (+128%), from €566,086 to €1.3m
mainly Net result for the year (+€2.4m) and Depreciation (+€483,925)
- Tangible fixed assets -€656,493
down €656,493 (-31.7%), from €2.1m to €1.4m
of which Plant, machinery and equipment: -€1.5m
Equity and liabilities
- Reserves +€1.7m
up €1.7m (+23.3%), from €7.2m to €8.9m
- Debts after one year -€1.6m
down €1.6m (-29.8%), from €5.4m to €3.8m
Income statement
- Depreciation -€672,990
down €672,990 (-58.2%), from €1.2m to €483,925
- Financial income -€514,321
down €514,321 (-32.3%), from €1.6m to €1.1m
- Turnover -€305,598
down €305,598 (-15.1%), from €2.0m to €1.7m
- Goods and materials +€35,769
up €35,769 (+1,236%), from €2,895 to €38,663
- Taxes +€35,020
up €35,020 (+5,775%), from €606 to €35,627
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.
Result 2024
€2.5m
Turnover
-€305,598
Other operating income
-€6,068
Goods and materials
-€35,769
Services and other goods
-€31,002
Staff costs
-€4,958
Depreciation
+€672,990
Other operating charges
-€4,838
Other operating items
+€168,173
Financial income
-€514,321
Financial charges
+€18,281
Taxes
-€35,020
Result 2025
€2.4m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€3.0m
Investment
+€78,120
Financing
-€2.3m
Cash 2024
€566,086
From operations (derived)
+€3.0m
Net result for the year
+€2.4m
Depreciation
+€483,925
Receivables within one year
+€21,760
Deferred charges and accrued income
+€7,236
Trade debts
+€16,966
Tax, wage and social debts
+€6,040
Other debts
+€52,757
Accrued charges and deferred income
-€13
Investment (derived)
+€78,120
Investment in fixed assets (net)
+€172,567
Current investments
-€94,448
Financing
-€2.3m
Debts after one year
-€1.6m
Current portion of long-term debt
-€8,596
Contributions, distributions and other
-€715,600
Cash 2025
€1.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,145,641 | €16,277,265 | +€131,624 | +0.8% |
| Fixed assets | 21/28 | €10,661,075 | €10,004,583 | -€656,493 | -6.2% |
| Tangible fixed assets | 22/27 | €2,072,320 | €1,415,827 | -€656,493 | -31.7% |
| Land and buildings | 22 | - | €774,975 | +€774,975 | |
| Plant, machinery and equipment | 23 | €2,031,756 | €577,250 | -€1.5m | -71.6% |
| Furniture and vehicles | 24 | €40,563 | €63,601 | +€23,038 | +56.8% |
| Financial fixed assets | 28 | €8,588,756 | €8,588,756 | = | 0.0% |
| Affiliated companies | 280/1 | €8,588,756 | €8,588,756 | = | 0.0% |
| Participating interests | 280 | €8,588,756 | €8,588,756 | = | 0.0% |
| Current assets | 29/58 | €5,484,565 | €6,272,683 | +€788,117 | +14.4% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €2,450,793 | €2,429,032 | -€21,760 | -0.9% |
| Trade receivables | 40 | €2,413,484 | €2,400,287 | -€13,196 | -0.5% |
| Other amounts receivable | 41 | €37,309 | €28,745 | -€8,564 | -23.0% |
| Current investments | 50/53 | €2,441,666 | €2,536,113 | +€94,448 | +3.9% |
| Other investments | 51/53 | €2,441,666 | €2,536,113 | +€94,448 | +3.9% |
| Cash at bank and in hand | 54/58 | €566,086 | €1,288,751 | +€722,666 | +128% |
| Deferred charges and accrued income | 490/1 | €26,021 | €18,786 | -€7,236 | -27.8% |
| Total equity and liabilities | 10/49 | €16,145,641 | €16,277,265 | +€131,624 | +0.8% |
| Equity | 10/15 | €8,551,713 | €10,228,112 | +€1.7m | +19.6% |
| Contributions | 10/11 | €1,347,864 | €1,347,864 | = | 0.0% |
| Reserves | 13 | €7,203,849 | €8,880,248 | +€1.7m | +23.3% |
| Distributable reserves | 133 | €7,203,849 | €8,880,248 | +€1.7m | +23.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €7,593,928 | €6,049,154 | -€1.5m | -20.3% |
| Amounts payable after more than one year | 17 | €5,401,903 | €3,789,975 | -€1.6m | -29.8% |
| Financial debts | 170/4 | €5,401,903 | €3,789,975 | -€1.6m | -29.8% |
| Credit institutions | 173 | €3,360,237 | €2,248,309 | -€1.1m | -33.1% |
| Other loans | 174 | €2,041,666 | €1,541,666 | -€500,000 | -24.5% |
| Amounts payable within one year | 42/48 | €2,192,011 | €2,259,179 | +€67,167 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €1,620,525 | €1,611,928 | -€8,596 | -0.5% |
| Trade debts | 44 | €205,139 | €222,105 | +€16,966 | +8.3% |
| Suppliers | 440/4 | €205,139 | €222,105 | +€16,966 | +8.3% |
| Taxes, remuneration and social security | 45 | €41,225 | €47,265 | +€6,040 | +14.7% |
| Taxes | 450/3 | €17,928 | €21,335 | +€3,407 | +19.0% |
| Remuneration and social security | 454/9 | €23,297 | €25,930 | +€2,633 | +11.3% |
| Other amounts payable | 47/48 | €325,123 | €377,880 | +€52,757 | +16.2% |
| Accrued charges and deferred income | 492/3 | €13 | €0 | -€13 | -100% |
| Operating income | 70/76A | €3,077,004 | €2,933,511 | -€143,493 | -4.7% |
| Turnover | 70 | €2,020,647 | €1,715,049 | -€305,598 | -15.1% |
| Other operating income | 74 | €18,036 | €11,969 | -€6,068 | -33.6% |
| Non-recurring operating income | 76A | €1,038,321 | €1,206,494 | +€168,173 | +16.2% |
| Operating charges | 60/66A | €2,105,929 | €1,509,505 | -€596,424 | -28.3% |
| Goods for resale, raw materials and consumables | 60 | €2,895 | €38,663 | +€35,769 | +1,236% |
| Purchases | 600/8 | €2,895 | €38,663 | +€35,769 | +1,236% |
| Services and other goods | 61 | €709,806 | €740,807 | +€31,002 | +4.4% |
| Remuneration, social security and pensions | 62 | €234,246 | €239,204 | +€4,958 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,156,915 | €483,925 | -€672,990 | -58.2% |
| Other operating charges | 640/8 | €2,067 | €6,906 | +€4,838 | +234% |
| Operating profit (loss) | 9901 | €971,075 | €1,424,006 | +€452,931 | +46.6% |
| Financial income | 75/76B | €1,594,401 | €1,080,080 | -€514,321 | -32.3% |
| Recurring financial income | 75 | €1,594,401 | €1,080,080 | -€514,321 | -32.3% |
| Income from financial fixed assets | 750 | €1,500,000 | €1,000,000 | -€500,000 | -33.3% |
| Income from current assets | 751 | €94,401 | €79,196 | -€15,205 | -16.1% |
| Other financial income | 752/9 | - | €883 | +€883 | |
| Financial charges | 65/66B | €94,742 | €76,461 | -€18,281 | -19.3% |
| Recurring financial charges | 65 | €94,742 | €76,461 | -€18,281 | -19.3% |
| Debt charges | 650 | €93,776 | €74,443 | -€19,333 | -20.6% |
| Other financial charges | 652/9 | €966 | €2,017 | +€1,052 | +109% |
| Profit (loss) for the period before taxes | 9903 | €2,470,734 | €2,427,625 | -€43,109 | -1.7% |
| Income taxes | 67/77 | €606 | €35,627 | +€35,020 | +5,775% |
| Taxes | 670/3 | €606 | €35,627 | +€35,020 | +5,775% |
| Profit (loss) for the period | 9904 | €2,470,128 | €2,391,998 | -€78,129 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,470,128 | €2,391,998 | -€78,129 | -3.2% |
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.