INTERRENT: 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.
INTERRENT
Largest movements
- Receivables within one year -€90,429
down €90,429 (-30.2%), from €299,626 to €209,198
of which Trade receivables: -€90,785
- Intangible fixed assets +€36,162
new in 2025: €36,162
- Tangible fixed assets +€24,785
up €24,785 (+5.3%), from €465,811 to €490,596
of which Plant, machinery and equipment: +€38,786
- Cash -€20,457
down €20,457 (-28.0%), from €72,951 to €52,494
mainly Investment in fixed assets (net) (-€321,390) and Net result for the year (-€74,867)
- Stocks and contracts +€9,750
up €9,750 (+37.4%), from €26,094 to €35,844
- Profit (loss) carried forward -€102,341
down €102,341, from €35,934 to -€66,407
- Trade debts +€66,992
up €66,992 (+42.7%), from €156,890 to €223,882
- Current portion of long-term debt -€47,962
down €47,962 (-40.0%), from €120,020 to €72,058
- Reserves +€27,474
up €27,474 (+44.0%), from €62,375 to €89,850
of which Distributable reserves: +€35,934
- Debts after one year +€25,293
up €25,293 (+6.2%), from €406,895 to €432,189
- Gross operating margin -€163,517
down €163,517 (-36.6%), from €446,541 to €283,025
- Depreciation -€53,246
down €53,246 (-17.0%), from €313,440 to €260,194
- Write-downs +€23,446
no longer reported in 2025 (was -€23,446)
- Other operating charges -€5,170
down €5,170 (-9.9%), from €52,438 to €47,268
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 | €883,214 | €851,751 | -€31,463 | -3.6% |
| Fixed assets | 21/28 | €467,722 | €528,919 | +€61,197 | +13.1% |
| Intangible fixed assets | 21 | - | €36,162 | +€36,162 | |
| Tangible fixed assets | 22/27 | €465,811 | €490,596 | +€24,785 | +5.3% |
| Plant, machinery and equipment | 23 | €288,984 | €327,770 | +€38,786 | +13.4% |
| Furniture and vehicles | 24 | €132,638 | €98,029 | -€34,609 | -26.1% |
| Leasing and similar rights | 25 | €44,188 | €64,797 | +€20,608 | +46.6% |
| Financial fixed assets | 28 | €1,911 | €2,161 | +€250 | +13.1% |
| Current assets | 29/58 | €415,492 | €322,832 | -€92,660 | -22.3% |
| Stocks and contracts in progress | 3 | €26,094 | €35,844 | +€9,750 | +37.4% |
| Stocks | 30/36 | €26,094 | €35,844 | +€9,750 | +37.4% |
| Amounts receivable within one year | 40/41 | €299,626 | €209,198 | -€90,429 | -30.2% |
| Trade receivables | 40 | €299,626 | €208,841 | -€90,785 | -30.3% |
| Other amounts receivable | 41 | - | €357 | +€357 | |
| Cash at bank and in hand | 54/58 | €72,951 | €52,494 | -€20,457 | -28.0% |
| Deferred charges and accrued income | 490/1 | €16,821 | €25,297 | +€8,476 | +50.4% |
| Total equity and liabilities | 10/49 | €883,214 | €851,751 | -€31,463 | -3.6% |
| Equity | 10/15 | €178,910 | €104,043 | -€74,867 | -41.8% |
| Contributions | 10/11 | €80,600 | €80,600 | = | 0.0% |
| Capital | 10 | €80,600 | €80,600 | = | 0.0% |
| Issued capital | 100 | €80,600 | €80,600 | = | 0.0% |
| Reserves | 13 | €62,375 | €89,850 | +€27,474 | +44.0% |
| Non-distributable reserves | 130/1 | €8,060 | €8,060 | = | 0.0% |
| Legal reserve | 130 | €8,060 | €8,060 | = | 0.0% |
| Tax-exempt reserves | 132 | €41,782 | €33,322 | -€8,460 | -20.2% |
| Distributable reserves | 133 | €12,533 | €48,467 | +€35,934 | +286.7% |
| Profit (loss) carried forward | 14 | €35,934 | -€66,407 | -€102,341 | |
| Provisions and deferred taxes | 16 | €5,354 | €2,534 | -€2,820 | -52.7% |
| Deferred taxes | 168 | €5,354 | €2,534 | -€2,820 | -52.7% |
| Amounts payable | 17/49 | €698,950 | €745,174 | +€46,223 | +6.6% |
| Amounts payable after more than one year | 17 | €406,895 | €432,189 | +€25,293 | +6.2% |
| Financial debts | 170/4 | €406,895 | €432,189 | +€25,293 | +6.2% |
| Amounts payable within one year | 42/48 | €287,905 | €308,835 | +€20,930 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €120,020 | €72,058 | -€47,962 | -40.0% |
| Trade debts | 44 | €156,890 | €223,882 | +€66,992 | +42.7% |
| Suppliers | 440/4 | €156,890 | €223,882 | +€66,992 | +42.7% |
| Taxes, remuneration and social security | 45 | €10,995 | €12,895 | +€1,900 | +17.3% |
| Taxes | 450/3 | €7,622 | €8,420 | +€797 | +10.5% |
| Remuneration and social security | 454/9 | €3,373 | €4,475 | +€1,103 | +32.7% |
| Accrued charges and deferred income | 492/3 | €4,150 | €4,150 | = | 0.0% |
| Non-recurring operating income | 76A | €212,652 | €145,877 | -€66,775 | -31.4% |
| Remuneration, social security and pensions | 62 | €48,813 | €44,841 | -€3,972 | -8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €313,440 | €260,194 | -€53,246 | -17.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€23,446 | - | +€23,446 | |
| Other operating charges | 640/8 | €52,438 | €47,268 | -€5,170 | -9.9% |
| Gross operating margin | 9900 | €446,541 | €283,025 | -€163,517 | -36.6% |
| Operating profit (loss) | 9901 | €55,296 | -€69,278 | -€124,575 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €9,643 | €8,409 | -€1,234 | -12.8% |
| Recurring financial charges | 65 | €9,643 | €8,409 | -€1,234 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €45,654 | -€77,687 | -€123,341 | |
| Transfer from deferred taxes | 780 | €2,820 | €2,820 | = | 0.0% |
| Profit (loss) for the period | 9904 | €48,474 | -€74,867 | -€123,341 | |
| Transfer from tax-exempt reserves | 789 | €8,460 | €8,460 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €21,000 | - | -€21,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,934 | -€66,407 | -€102,341 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.