INTERSALES: 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.
INTERSALES
Largest movements
- Receivables within one year +€40,566
up €40,566 (+12.0%), from €338,745 to €379,311
of which Trade receivables: +€24,033
- Cash +€27,005
up €27,005 (+327.5%), from €8,246 to €35,250
mainly Trade debts (+€83,690) and Net result for the year (+€33,879)
- Tangible fixed assets +€12,217
up €12,217 (+17.5%), from €69,766 to €81,983
of which Plant, machinery and equipment: +€19,075
- Trade debts +€83,690
up €83,690 (+430.1%), from €19,457 to €103,147
- Tax, wage and social debts -€15,193
down €15,193 (-60.9%), from €24,951 to €9,759
of which Taxes: -€15,193
- Profit (loss) carried forward +€7,186
up €7,186 (+67.9%), from €10,583 to €17,768
- Gross operating margin -€17,207
down €17,207 (-20.5%), from €83,958 to €66,751
- Depreciation +€10,786
up €10,786 (+102.6%), from €10,515 to €21,300
- Taxes -€7,021
down €7,021 (-52.3%), from €13,433 to €6,412
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 | €419,340 | €498,864 | +€79,523 | +19.0% |
| Fixed assets | 21/28 | €70,922 | €83,139 | +€12,217 | +17.2% |
| Tangible fixed assets | 22/27 | €69,766 | €81,983 | +€12,217 | +17.5% |
| Land and buildings | 22 | €59,865 | €51,754 | -€8,111 | -13.5% |
| Plant, machinery and equipment | 23 | €4,028 | €23,103 | +€19,075 | +473.6% |
| Furniture and vehicles | 24 | €5,873 | €7,126 | +€1,253 | +21.3% |
| Financial fixed assets | 28 | €1,156 | €1,156 | = | 0.0% |
| Current assets | 29/58 | €348,419 | €415,725 | +€67,306 | +19.3% |
| Amounts receivable within one year | 40/41 | €338,745 | €379,311 | +€40,566 | +12.0% |
| Trade receivables | 40 | €33,257 | €57,290 | +€24,033 | +72.3% |
| Other amounts receivable | 41 | €305,488 | €322,021 | +€16,533 | +5.4% |
| Cash at bank and in hand | 54/58 | €8,246 | €35,250 | +€27,005 | +327.5% |
| Deferred charges and accrued income | 490/1 | €1,428 | €1,164 | -€264 | -18.5% |
| Total equity and liabilities | 10/49 | €419,340 | €498,864 | +€79,523 | +19.0% |
| Equity | 10/15 | €349,591 | €358,471 | +€8,879 | +2.5% |
| Contributions | 10/11 | €320,000 | €320,000 | = | 0.0% |
| Capital | 10 | €320,000 | €320,000 | = | 0.0% |
| Issued capital | 100 | €320,000 | €320,000 | = | 0.0% |
| Reserves | 13 | €19,008 | €20,702 | +€1,694 | +8.9% |
| Non-distributable reserves | 130/1 | €15,508 | €17,202 | +€1,694 | +10.9% |
| Legal reserve | 130 | €15,508 | €17,202 | +€1,694 | +10.9% |
| Tax-exempt reserves | 132 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,583 | €17,768 | +€7,186 | +67.9% |
| Amounts payable | 17/49 | €69,749 | €140,393 | +€70,644 | +101.3% |
| Amounts payable within one year | 42/48 | €69,749 | €140,006 | +€70,257 | +100.7% |
| Trade debts | 44 | €19,457 | €103,147 | +€83,690 | +430.1% |
| Suppliers | 440/4 | €19,457 | €103,147 | +€83,690 | +430.1% |
| Advances received on contracts in progress | 46 | - | €2,100 | +€2,100 | |
| Taxes, remuneration and social security | 45 | €24,951 | €9,759 | -€15,193 | -60.9% |
| Taxes | 450/3 | €24,951 | €9,759 | -€15,193 | -60.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €25,341 | €25,000 | -€341 | -1.3% |
| Accrued charges and deferred income | 492/3 | €0 | €387 | +€387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,515 | €21,300 | +€10,786 | +102.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€506 | €0 | +€506 | |
| Other operating charges | 640/8 | €2,577 | €2,529 | -€47 | -1.8% |
| Gross operating margin | 9900 | €83,958 | €66,751 | -€17,207 | -20.5% |
| Operating profit (loss) | 9901 | €71,372 | €42,921 | -€28,451 | -39.9% |
| Financial income | 75/76B | €518 | €1,144 | +€626 | +121.0% |
| Recurring financial income | 75 | €518 | €1,144 | +€626 | +121.0% |
| Financial charges | 65/66B | €3,537 | €3,773 | +€237 | +6.7% |
| Recurring financial charges | 65 | €3,537 | €3,773 | +€237 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €68,353 | €40,291 | -€28,061 | -41.1% |
| Income taxes | 67/77 | €13,433 | €6,412 | -€7,021 | -52.3% |
| Profit (loss) for the period | 9904 | €54,920 | €33,879 | -€21,041 | -38.3% |
| Profit (loss) for the period to be appropriated | 9905 | €54,920 | €33,879 | -€21,041 | -38.3% |
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 4 October 2026 via checked.be.