INTERSFERA PROJECTS: 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.
INTERSFERA PROJECTS
Largest movements
- Receivables within one year +€27,332
up €27,332 (+54.6%), from €50,049 to €77,381
of which Trade receivables: +€29,875
- Tangible fixed assets -€12,105
down €12,105 (-9.3%), from €130,854 to €118,749
- Stocks and contracts -€9,510
down €9,510 (-92.6%), from €10,275 to €765
of which Contracts in progress: -€7,962
- Debts after one year -€13,376
down €13,376 (-16.5%), from €81,222 to €67,846
- Profit (loss) carried forward +€10,313
up €10,313 (+290.3%), from €3,552 to €13,865
- Trade debts +€5,923
up €5,923 (+110.8%), from €5,347 to €11,270
- Other debts -€5,545
down €5,545 (-28.6%), from €19,400 to €13,855
- Accrued charges and deferred income +€3,658
up €3,658 (+838.3%), from €436 to €4,094
- Gross operating margin +€11,058
up €11,058 (+48.9%), from €22,616 to €33,674
- Taxes +€1,676
up €1,676 (+81.8%), from €2,048 to €3,724
- Depreciation -€969
down €969 (-7.6%), from €12,754 to €11,785
- Financial charges -€896
down €896 (-16.2%), from €5,515 to €4,619
- Other operating charges +€454
up €454 (+18.8%), from €2,408 to €2,862
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €220,453 | €224,790 | +€4,337 | +2.0% |
| Fixed assets | 21/28 | €143,354 | €131,249 | -€12,105 | -8.4% |
| Tangible fixed assets | 22/27 | €130,854 | €118,749 | -€12,105 | -9.3% |
| Land and buildings | 22 | €113,900 | €109,053 | -€4,847 | -4.3% |
| Plant, machinery and equipment | 23 | €3,343 | €2,984 | -€359 | -10.7% |
| Furniture and vehicles | 24 | €1,139 | €69 | -€1,070 | -93.9% |
| Leasing and similar rights | 25 | €12,471 | €6,643 | -€5,828 | -46.7% |
| Financial fixed assets | 28 | €12,500 | €12,500 | = | 0.0% |
| Current assets | 29/58 | €77,100 | €93,541 | +€16,441 | +21.3% |
| Amounts receivable after more than one year | 29 | €11,143 | €11,143 | +€0 | 0.0% |
| Trade receivables | 290 | €11,143 | €11,143 | +€0 | 0.0% |
| Stocks and contracts in progress | 3 | €10,275 | €765 | -€9,510 | -92.6% |
| Stocks | 30/36 | €2,313 | €765 | -€1,548 | -66.9% |
| Contracts in progress | 37 | €7,962 | - | -€7,962 | |
| Amounts receivable within one year | 40/41 | €50,049 | €77,381 | +€27,332 | +54.6% |
| Trade receivables | 40 | €37,506 | €67,381 | +€29,875 | +79.7% |
| Other amounts receivable | 41 | €12,543 | €10,000 | -€2,543 | -20.3% |
| Cash at bank and in hand | 54/58 | €4,948 | €4,148 | -€800 | -16.2% |
| Deferred charges and accrued income | 490/1 | €685 | €104 | -€581 | -84.8% |
| Total equity and liabilities | 10/49 | €220,453 | €224,790 | +€4,337 | +2.0% |
| Equity | 10/15 | €91,883 | €102,195 | +€10,312 | +11.2% |
| Contributions | 10/11 | €75,000 | €75,000 | -€0 | 0.0% |
| Reserves | 13 | €13,330 | €13,330 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €5,700 | €5,700 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,700 | €5,700 | = | 0.0% |
| Distributable reserves | 133 | €7,630 | €7,630 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €3,552 | €13,865 | +€10,313 | +290.3% |
| Amounts payable | 17/49 | €128,571 | €122,595 | -€5,976 | -4.6% |
| Amounts payable after more than one year | 17 | €81,222 | €67,846 | -€13,376 | -16.5% |
| Financial debts | 170/4 | €81,222 | €67,846 | -€13,376 | -16.5% |
| Amounts payable within one year | 42/48 | €46,912 | €50,655 | +€3,743 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €13,913 | €14,514 | +€601 | +4.3% |
| Trade debts | 44 | €5,347 | €11,270 | +€5,923 | +110.8% |
| Suppliers | 440/4 | €5,347 | €11,270 | +€5,923 | +110.8% |
| Advances received on contracts in progress | 46 | €3,974 | €4,068 | +€94 | +2.4% |
| Taxes, remuneration and social security | 45 | €4,279 | €6,948 | +€2,669 | +62.4% |
| Taxes | 450/3 | €4,279 | €6,948 | +€2,669 | +62.4% |
| Other amounts payable | 47/48 | €19,400 | €13,855 | -€5,545 | -28.6% |
| Accrued charges and deferred income | 492/3 | €436 | €4,094 | +€3,658 | +838.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,754 | €11,785 | -€969 | -7.6% |
| Other operating charges | 640/8 | €2,408 | €2,862 | +€454 | +18.8% |
| Non-recurring operating charges | 66A | - | €373 | +€373 | |
| Gross operating margin | 9900 | €22,616 | €33,674 | +€11,058 | +48.9% |
| Operating profit (loss) | 9901 | €7,454 | €18,654 | +€11,200 | +150.3% |
| Financial income | 75/76B | €14 | €2 | -€12 | -85.3% |
| Recurring financial income | 75 | €14 | €2 | -€12 | -85.3% |
| Financial charges | 65/66B | €5,515 | €4,619 | -€896 | -16.2% |
| Recurring financial charges | 65 | €5,515 | €4,619 | -€896 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €1,953 | €14,037 | +€12,084 | +618.8% |
| Income taxes | 67/77 | €2,048 | €3,724 | +€1,676 | +81.8% |
| Profit (loss) for the period | 9904 | -€95 | €10,313 | +€10,408 | |
| Profit (loss) for the period to be appropriated | 9905 | -€95 | €10,313 | +€10,408 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.