INTERSALE: 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.
INTERSALE
Largest movements
- Stocks and contracts +€37,000
up €37,000 (+52.9%), from €69,883 to €106,883
- Receivables within one year +€4,676
up €4,676 (+11.4%), from €40,851 to €45,526
of which Other amounts receivable: +€2,747
- Tangible fixed assets -€2,455
down €2,455 (-9.1%), from €26,965 to €24,510
- Trade debts +€19,012
up €19,012 (+144.3%), from €13,171 to €32,183
- Short-term financial debts +€13,883
up €13,883 (+963.0%), from €1,442 to €15,324
- Other debts +€5,000
new in 2025: €5,000
- Tax, wage and social debts +€2,052
up €2,052 (+16.9%), from €12,121 to €14,173
- Gross operating margin -€7,664
down €7,664 (-34.5%), from €22,234 to €14,570
- Other operating charges +€5,321
up €5,321 (+252.9%), from €2,104 to €7,426
- Taxes -€1,705
down €1,705 (-24.2%), from €7,043 to €5,338
- Depreciation +€861
up €861 (+54.0%), from €1,595 to €2,455
- Financial charges +€257
up €257 (+22.8%), from €1,130 to €1,387
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 | €143,010 | €181,452 | +€38,443 | +26.9% |
| Fixed assets | 21/28 | €28,154 | €25,699 | -€2,455 | -8.7% |
| Tangible fixed assets | 22/27 | €26,965 | €24,510 | -€2,455 | -9.1% |
| Land and buildings | 22 | €6,008 | €5,528 | -€480 | -8.0% |
| Furniture and vehicles | 24 | €2,326 | €1,372 | -€954 | -41.0% |
| Other tangible fixed assets | 26 | €18,632 | €17,611 | -€1,021 | -5.5% |
| Financial fixed assets | 28 | €1,189 | €1,189 | = | 0.0% |
| Current assets | 29/58 | €114,856 | €155,753 | +€40,898 | +35.6% |
| Stocks and contracts in progress | 3 | €69,883 | €106,883 | +€37,000 | +52.9% |
| Stocks | 30/36 | €69,883 | €106,883 | +€37,000 | +52.9% |
| Amounts receivable within one year | 40/41 | €40,851 | €45,526 | +€4,676 | +11.4% |
| Trade receivables | 40 | €32,495 | €34,423 | +€1,928 | +5.9% |
| Other amounts receivable | 41 | €8,356 | €11,103 | +€2,747 | +32.9% |
| Cash at bank and in hand | 54/58 | €3,344 | €3,344 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €778 | €0 | -€778 | -100.0% |
| Total equity and liabilities | 10/49 | €143,010 | €181,452 | +€38,443 | +26.9% |
| Equity | 10/15 | €116,276 | €114,772 | -€1,504 | -1.3% |
| Contributions | 10/11 | €68,171 | €68,171 | = | 0.0% |
| Outside capital | 11 | €68,171 | - | -€68,171 | |
| Other | 1109/19 | €68,171 | - | -€68,171 | |
| Reserves | 13 | €327 | €327 | = | 0.0% |
| Distributable reserves | 133 | €327 | €327 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,779 | €46,275 | -€1,504 | -3.1% |
| Amounts payable | 17/49 | €26,734 | €66,680 | +€39,947 | +149.4% |
| Amounts payable within one year | 42/48 | €26,734 | €66,680 | +€39,947 | +149.4% |
| Financial debts | 43 | €1,442 | €15,324 | +€13,883 | +963.0% |
| Credit institutions | 430/8 | €1,442 | €15,324 | +€13,883 | +963.0% |
| Trade debts | 44 | €13,171 | €32,183 | +€19,012 | +144.3% |
| Suppliers | 440/4 | €13,171 | €32,183 | +€19,012 | +144.3% |
| Taxes, remuneration and social security | 45 | €12,121 | €14,173 | +€2,052 | +16.9% |
| Taxes | 450/3 | €12,121 | €14,173 | +€2,052 | +16.9% |
| Other amounts payable | 47/48 | - | €5,000 | +€5,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,595 | €2,455 | +€861 | +54.0% |
| Other operating charges | 640/8 | €2,104 | €7,426 | +€5,321 | +252.9% |
| Gross operating margin | 9900 | €22,234 | €14,570 | -€7,664 | -34.5% |
| Operating profit (loss) | 9901 | €18,535 | €4,689 | -€13,846 | -74.7% |
| Financial income | 75/76B | €471 | €532 | +€61 | +13.0% |
| Recurring financial income | 75 | €471 | €532 | +€61 | +13.0% |
| Financial charges | 65/66B | €1,130 | €1,387 | +€257 | +22.8% |
| Recurring financial charges | 65 | €1,130 | €1,387 | +€257 | +22.8% |
| Profit (loss) for the period before taxes | 9903 | €17,876 | €3,834 | -€14,042 | -78.6% |
| Income taxes | 67/77 | €7,043 | €5,338 | -€1,705 | -24.2% |
| Profit (loss) for the period | 9904 | €10,833 | -€1,504 | -€12,337 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,833 | -€1,504 | -€12,337 |
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 8 October 2026 via checked.be.