Interspan Belgium: what changed
What changed
Interspan Belgium
NACE 43.990, Other specialised construction activities
filed annual accounts (NBB)
Net result for the year
€197,652
2024 · €139,749+€57,904
Equity
€515,786
2024 · €318,134+€197,652
Cash
€330,888
2024 · €344,148-€13,260
Balance sheet total
€2.4m
2024 · €2.5m-€105,900
Largest movements
Assets
- Receivables after one year -€165,667
down €165,667 (-47.9%), from €345,991 to €180,324
- Receivables within one year +€104,843
up €104,843 (+9.8%), from €1.1m to €1.2m
of which Trade receivables: +€85,947
- Tangible fixed assets -€93,574
down €93,574 (-23.1%), from €404,992 to €311,418
of which Plant, machinery and equipment: -€63,854
- Stocks and contracts +€60,679
up €60,679 (+18.9%), from €320,586 to €381,265
of which Stocks: +€64,013
Equity and liabilities
- Reserves +€197,652
up €197,652 (+66.0%), from €299,534 to €497,186
of which Distributable reserves: +€197,652
- Other debts -€146,946
down €146,946 (-10.1%), from €1.5m to €1.3m
- Advances received -€127,924
down €127,924 (-37.2%), from €343,635 to €215,711
- Trade debts -€48,864
down €48,864 (-19.9%), from €245,880 to €197,016
- Tax, wage and social debts +€34,973
up €34,973 (+40.5%), from €86,455 to €121,429
of which Taxes: +€32,742
Income statement
- Gross operating margin +€169,994
up €169,994 (+26.0%), from €653,648 to €823,642
- Depreciation +€60,477
up €60,477 (+155%), from €39,079 to €99,556
- Staff costs +€51,652
up €51,652 (+13.2%), from €391,184 to €442,836
- Taxes +€32,173
up €32,173 (+63.5%), from €50,701 to €82,874
- Financial charges -€30,619
down €30,619 (-93.0%), from €32,935 to €2,316
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€139,749
Gross operating margin
+€169,994
Staff costs
-€51,652
Depreciation
-€60,477
Other operating items
-€3,372
Financial income
+€4,964
Financial charges
+€30,619
Taxes
-€32,173
Result 2025
€197,652
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€13,684
Investment
-€5,983
Financing
-€20,962
Cash 2024
€344,148
From operations (derived)
+€13,684
Net result for the year
+€197,652
Depreciation
+€99,556
Receivables after one year
+€165,667
Stocks and contracts
-€60,679
Receivables within one year
-€104,843
Deferred charges and accrued income
-€1,078
Trade debts
-€48,864
Tax, wage and social debts
+€34,973
Advances received
-€127,924
Other debts
-€146,946
Accrued charges and deferred income
+€6,170
Investment (derived)
-€5,983
Investment in fixed assets (net)
-€5,983
Financing
-€20,962
Debts after one year
-€11,895
Current portion of long-term debt
-€9,066
Cash 2025
€330,888
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,494,849 | €2,388,949 | -€105,900 | -4.2% |
| Fixed assets | 21/28 | €406,692 | €313,118 | -€93,574 | -23.0% |
| Tangible fixed assets | 22/27 | €404,992 | €311,418 | -€93,574 | -23.1% |
| Plant, machinery and equipment | 23 | €344,127 | €280,273 | -€63,854 | -18.6% |
| Furniture and vehicles | 24 | €60,865 | €31,146 | -€29,719 | -48.8% |
| Financial fixed assets | 28 | €1,700 | €1,700 | = | 0.0% |
| Current assets | 29/58 | €2,088,158 | €2,075,831 | -€12,326 | -0.6% |
| Amounts receivable after more than one year | 29 | €345,991 | €180,324 | -€165,667 | -47.9% |
| Trade receivables | 290 | €345,991 | €180,324 | -€165,667 | -47.9% |
| Stocks and contracts in progress | 3 | €320,586 | €381,265 | +€60,679 | +18.9% |
| Stocks | 30/36 | €316,624 | €380,637 | +€64,013 | +20.2% |
| Contracts in progress | 37 | €3,962 | €628 | -€3,334 | -84.1% |
| Amounts receivable within one year | 40/41 | €1,071,408 | €1,176,251 | +€104,843 | +9.8% |
| Trade receivables | 40 | €988,072 | €1,074,019 | +€85,947 | +8.7% |
| Other amounts receivable | 41 | €83,336 | €102,232 | +€18,896 | +22.7% |
| Cash at bank and in hand | 54/58 | €344,148 | €330,888 | -€13,260 | -3.9% |
| Deferred charges and accrued income | 490/1 | €6,025 | €7,103 | +€1,078 | +17.9% |
| Total equity and liabilities | 10/49 | €2,494,849 | €2,388,949 | -€105,900 | -4.2% |
| Equity | 10/15 | €318,134 | €515,786 | +€197,652 | +62.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €299,534 | €497,186 | +€197,652 | +66.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €297,674 | €495,326 | +€197,652 | +66.4% |
| Amounts payable | 17/49 | €2,176,715 | €1,873,163 | -€303,552 | -13.9% |
| Amounts payable after more than one year | 17 | €24,341 | €12,446 | -€11,895 | -48.9% |
| Financial debts | 170/4 | €24,341 | €12,446 | -€11,895 | -48.9% |
| Amounts payable within one year | 42/48 | €2,152,375 | €1,854,548 | -€297,827 | -13.8% |
| Current portion of amounts payable after more than one year | 42 | €20,962 | €11,895 | -€9,066 | -43.3% |
| Trade debts | 44 | €245,880 | €197,016 | -€48,864 | -19.9% |
| Suppliers | 440/4 | €245,880 | €197,016 | -€48,864 | -19.9% |
| Advances received on contracts in progress | 46 | €343,635 | €215,711 | -€127,924 | -37.2% |
| Taxes, remuneration and social security | 45 | €86,455 | €121,429 | +€34,973 | +40.5% |
| Taxes | 450/3 | €59,251 | €91,993 | +€32,742 | +55.3% |
| Remuneration and social security | 454/9 | €27,204 | €29,435 | +€2,231 | +8.2% |
| Other amounts payable | 47/48 | €1,455,443 | €1,308,497 | -€146,946 | -10.1% |
| Accrued charges and deferred income | 492/3 | - | €6,170 | +€6,170 | |
| Non-recurring operating income | 76A | €1,300 | €0 | -€1,300 | -100% |
| Remuneration, social security and pensions | 62 | €391,184 | €442,836 | +€51,652 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,079 | €99,556 | +€60,477 | +155% |
| Non-recurring operating charges | 66A | - | €3,372 | +€3,372 | |
| Gross operating margin | 9900 | €653,648 | €823,642 | +€169,994 | +26.0% |
| Operating profit (loss) | 9901 | €223,384 | €277,878 | +€54,494 | +24.4% |
| Financial income | 75/76B | €0 | €4,964 | +€4,964 | |
| Recurring financial income | 75 | €0 | €4,964 | +€4,964 | |
| Financial charges | 65/66B | €32,935 | €2,316 | -€30,619 | -93.0% |
| Recurring financial charges | 65 | €32,935 | €2,316 | -€30,619 | -93.0% |
| Profit (loss) for the period before taxes | 9903 | €190,450 | €280,526 | +€90,076 | +47.3% |
| Income taxes | 67/77 | €50,701 | €82,874 | +€32,173 | +63.5% |
| Profit (loss) for the period | 9904 | €139,749 | €197,652 | +€57,904 | +41.4% |
| Profit (loss) for the period to be appropriated | 9905 | €139,749 | €197,652 | +€57,904 | +41.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.