INTERSTYLE: 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.
INTERSTYLE
Largest movements
- Stocks and contracts +€356,925
up €356,925 (+593%), from €60,203 to €417,128
- Receivables within one year +€339,314
new in 2025: €339,314
of which Trade receivables: +€236,449
- Cash -€188,286
down €188,286 (-74.8%), from €251,564 to €63,278
mainly Contributions, distributions and other (-€400,000) and Stocks and contracts (-€356,925)
- Tangible fixed assets +€43,161
up €43,161 (+6.3%), from €681,014 to €724,175
of which Plant, machinery and equipment: +€58,281
- Trade debts +€434,534
up €434,534 (+1,980%), from €21,952 to €456,486
- Other debts +€378,574
up €378,574 (+1,260%), from €30,042 to €408,616
- Profit (loss) carried forward -€231,320
down €231,320 (-100%), from €231,320 to €0
- Reserves -€112,879
down €112,879 (-36.3%), from €310,995 to €198,116
of which Distributable reserves: -€112,879
- Tax, wage and social debts +€83,649
up €83,649 (+532%), from €15,720 to €99,369
of which Taxes: +€70,116
- Gross operating margin -€28,360
down €28,360 (-12.0%), from €236,737 to €208,377
- Staff costs +€26,130
up €26,130 (+38.4%), from €68,109 to €94,239
- Taxes -€13,119
down €13,119 (-37.4%), from €35,109 to €21,990
- Depreciation +€3,503
up €3,503 (+16.0%), from €21,884 to €25,386
- Financial income -€3,059
down €3,059 (-25.5%), from €12,008 to €8,949
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 | €995,733 | €1,567,002 | +€571,269 | +57.4% |
| Fixed assets | 21/28 | €681,119 | €739,128 | +€58,008 | +8.5% |
| Intangible fixed assets | 21 | - | €14,847 | +€14,847 | |
| Tangible fixed assets | 22/27 | €681,014 | €724,175 | +€43,161 | +6.3% |
| Land and buildings | 22 | €681,014 | €664,645 | -€16,369 | -2.4% |
| Plant, machinery and equipment | 23 | - | €58,281 | +€58,281 | |
| Furniture and vehicles | 24 | - | €1,249 | +€1,249 | |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €314,614 | €827,874 | +€513,261 | +163% |
| Stocks and contracts in progress | 3 | €60,203 | €417,128 | +€356,925 | +593% |
| Stocks | 30/36 | €60,203 | €417,128 | +€356,925 | +593% |
| Amounts receivable within one year | 40/41 | - | €339,314 | +€339,314 | |
| Trade receivables | 40 | - | €236,449 | +€236,449 | |
| Other amounts receivable | 41 | - | €102,865 | +€102,865 | |
| Cash at bank and in hand | 54/58 | €251,564 | €63,278 | -€188,286 | -74.8% |
| Deferred charges and accrued income | 490/1 | €2,847 | €8,155 | +€5,308 | +186% |
| Total equity and liabilities | 10/49 | €995,733 | €1,567,002 | +€571,269 | +57.4% |
| Equity | 10/15 | €642,315 | €298,116 | -€344,199 | -53.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €310,995 | €198,116 | -€112,879 | -36.3% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €298,495 | €185,616 | -€112,879 | -37.8% |
| Profit (loss) carried forward | 14 | €231,320 | €0 | -€231,320 | -100% |
| Amounts payable | 17/49 | €353,417 | €1,268,886 | +€915,469 | +259% |
| Amounts payable after more than one year | 17 | €235,721 | €248,129 | +€12,409 | +5.3% |
| Financial debts | 170/4 | €235,721 | €248,129 | +€12,409 | +5.3% |
| Amounts payable within one year | 42/48 | €115,589 | €1,019,816 | +€904,227 | +782% |
| Current portion of amounts payable after more than one year | 42 | €47,875 | €32,121 | -€15,754 | -32.9% |
| Trade debts | 44 | €21,952 | €456,486 | +€434,534 | +1,980% |
| Suppliers | 440/4 | €21,952 | €456,486 | +€434,534 | +1,980% |
| Advances received on contracts in progress | 46 | - | €23,224 | +€23,224 | |
| Taxes, remuneration and social security | 45 | €15,720 | €99,369 | +€83,649 | +532% |
| Taxes | 450/3 | €12,300 | €82,416 | +€70,116 | +570% |
| Remuneration and social security | 454/9 | €3,421 | €16,953 | +€13,533 | +396% |
| Other amounts payable | 47/48 | €30,042 | €408,616 | +€378,574 | +1,260% |
| Accrued charges and deferred income | 492/3 | €2,108 | €941 | -€1,167 | -55.4% |
| Remuneration, social security and pensions | 62 | €68,109 | €94,239 | +€26,130 | +38.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,884 | €25,386 | +€3,503 | +16.0% |
| Other operating charges | 640/8 | €7,580 | €8,532 | +€952 | +12.6% |
| Gross operating margin | 9900 | €236,737 | €208,377 | -€28,360 | -12.0% |
| Operating profit (loss) | 9901 | €139,164 | €80,219 | -€58,945 | -42.4% |
| Financial income | 75/76B | €12,008 | €8,949 | -€3,059 | -25.5% |
| Recurring financial income | 75 | €12,008 | €8,949 | -€3,059 | -25.5% |
| Financial charges | 65/66B | €13,453 | €11,378 | -€2,075 | -15.4% |
| Recurring financial charges | 65 | €13,453 | €11,378 | -€2,075 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €137,719 | €77,790 | -€59,929 | -43.5% |
| Income taxes | 67/77 | €35,109 | €21,990 | -€13,119 | -37.4% |
| Profit (loss) for the period | 9904 | €102,610 | €55,801 | -€46,809 | -45.6% |
| Profit (loss) for the period to be appropriated | 9905 | €102,610 | €55,801 | -€46,809 | -45.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.