INTERSERVUS: 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.
INTERSERVUS
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€151,150
up €151,150 (+268%), from €56,408 to €207,558
- Debts after one year -€116,700
down €116,700 (-42.0%), from €278,148 to €161,448
- Current portion of long-term debt -€21,412
down €21,412 (-15.5%), from €138,113 to €116,700
- Reserves -€20,690
down €20,690 (-3.6%), from €569,157 to €548,466
- Financial income -€249,696
down €249,696 (-95.0%), from €262,729 to €13,034
of which Non-recurring financial income: -€259,080
- Taxes -€52,877
down €52,877 (-100%), from €52,877 to €0
- Gross operating margin +€12,963
up €12,963 (+52.7%), from -€24,611 to -€11,648
- Financial charges +€7,209
up €7,209 (+86.8%), from €8,307 to €15,515
- Other operating charges -€402
down €402 (-25.2%), from €1,594 to €1,192
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,066,740 | €1,062,996 | -€3,745 | -0.4% |
| Fixed assets | 21/28 | €753,463 | €748,094 | -€5,369 | -0.7% |
| Tangible fixed assets | 22/27 | €753,463 | €748,094 | -€5,369 | -0.7% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €806 | €321 | -€485 | -60.2% |
| Other tangible fixed assets | 26 | €752,657 | €747,773 | -€4,884 | -0.6% |
| Current assets | 29/58 | €313,277 | €314,901 | +€1,624 | +0.5% |
| Amounts receivable within one year | 40/41 | €118 | €1,551 | +€1,433 | +1,220% |
| Other amounts receivable | 41 | €118 | €1,551 | +€1,433 | +1,220% |
| Current investments | 50/53 | €301,249 | €301,249 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €10,177 | €10,282 | +€105 | +1.0% |
| Deferred charges and accrued income | 490/1 | €1,734 | €1,819 | +€86 | +4.9% |
| Total equity and liabilities | 10/49 | €1,066,740 | €1,062,996 | -€3,745 | -0.4% |
| Equity | 10/15 | €587,757 | €567,066 | -€20,690 | -3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €569,157 | €548,466 | -€20,690 | -3.6% |
| Distributable reserves | 133 | €569,157 | €548,466 | -€20,690 | -3.6% |
| Amounts payable | 17/49 | €478,984 | €495,929 | +€16,946 | +3.5% |
| Amounts payable after more than one year | 17 | €278,148 | €161,448 | -€116,700 | -42.0% |
| Financial debts | 170/4 | €278,148 | €161,448 | -€116,700 | -42.0% |
| Amounts payable within one year | 42/48 | €200,835 | €327,353 | +€126,518 | +63.0% |
| Current portion of amounts payable after more than one year | 42 | €138,113 | €116,700 | -€21,412 | -15.5% |
| Trade debts | 44 | €516 | €40 | -€476 | -92.3% |
| Suppliers | 440/4 | €516 | €40 | -€476 | -92.3% |
| Taxes, remuneration and social security | 45 | €5,798 | €3,055 | -€2,743 | -47.3% |
| Taxes | 450/3 | €5,798 | €3,055 | -€2,743 | -47.3% |
| Other amounts payable | 47/48 | €56,408 | €207,558 | +€151,150 | +268% |
| Accrued charges and deferred income | 492/3 | - | €7,128 | +€7,128 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,369 | €5,369 | = | 0.0% |
| Other operating charges | 640/8 | €1,594 | €1,192 | -€402 | -25.2% |
| Gross operating margin | 9900 | -€24,611 | -€11,648 | +€12,963 | +52.7% |
| Operating profit (loss) | 9901 | -€31,574 | -€18,209 | +€13,365 | +42.3% |
| Financial income | 75/76B | €262,729 | €13,034 | -€249,696 | -95.0% |
| Recurring financial income | 75 | €3,650 | €13,034 | +€9,384 | +257% |
| Non-recurring financial income | 76B | €259,080 | - | -€259,080 | |
| Financial charges | 65/66B | €8,307 | €15,515 | +€7,209 | +86.8% |
| Recurring financial charges | 65 | €8,307 | €15,515 | +€7,209 | +86.8% |
| Profit (loss) for the period before taxes | 9903 | €222,849 | -€20,690 | -€243,539 | |
| Income taxes | 67/77 | €52,877 | €0 | -€52,877 | -100% |
| Profit (loss) for the period | 9904 | €169,972 | -€20,690 | -€190,663 | |
| Profit (loss) for the period to be appropriated | 9905 | €169,972 | -€20,690 | -€190,663 |
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 19 October 2026 via checked.be.