INTERSTYLE BELGIUM: 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.
What changed
INTERSTYLE BELGIUM
NACE 46.190, Agents in non-specialised wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€465,626
2024 · €520,419-€54,793
Equity
€834,063
2024 · €833,437+€626
Cash
€139,714
2024 · €209,828-€70,113
Balance sheet total
€2.5m
2024 · €2.6m-€144,730
Largest movements
Assets
- Cash -€70,113
down €70,113 (-33.4%), from €209,828 to €139,714
mainly Contributions, distributions and other (-€465,000) and Debts after one year (-€92,174)
- Stocks and contracts -€68,800
down €68,800 (-3.2%), from €2.2m to €2.1m
- Tangible fixed assets -€32,242
down €32,242 (-38.7%), from €83,232 to €50,989
Equity and liabilities
- Debts after one year -€92,174
down €92,174 (-41.8%), from €220,643 to €128,470
- Other debts -€55,600
down €55,600 (-4.2%), from €1.3m to €1.3m
Income statement
- Staff costs +€43,024
up €43,024 (+9.5%), from €452,253 to €495,277
- Gross operating margin -€31,928
down €31,928 (-3.0%), from €1.1m to €1.0m
- Financial charges -€27,403
down €27,403 (-50.0%), from €54,771 to €27,368
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.
Result 2024
€520,419
Gross operating margin
-€31,928
Staff costs
-€43,024
Depreciation
-€3,044
Write-downs
-€342
Other operating charges
-€3,127
Financial income
-€2,947
Financial charges
+€27,403
Taxes
+€2,216
Result 2025
€465,626
raises the resultlowers the result
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.
From operations
+€490,915
Investment
-€7,288
Financing
-€553,740
Cash 2024
€209,828
From operations (derived)
+€490,915
Net result for the year
+€465,626
Depreciation
+€33,531
Stocks and contracts
+€68,800
Receivables within one year
-€11,982
Deferred charges and accrued income
-€8,444
Trade debts
-€5,736
Tax, wage and social debts
-€14,061
Advances received
+€20,265
Other debts
-€55,600
Accrued charges and deferred income
-€1,484
Investment (derived)
-€7,288
Investment in fixed assets (net)
-€7,288
Financing
-€553,740
Debts after one year
-€92,174
Current portion of long-term debt
+€3,433
Contributions, distributions and other
-€465,000
Cash 2025
€139,714
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,645,973 | €2,501,243 | -€144,730 | -5.5% |
| Fixed assets | 21/28 | €108,200 | €81,958 | -€26,242 | -24.3% |
| Tangible fixed assets | 22/27 | €83,232 | €50,989 | -€32,242 | -38.7% |
| Plant, machinery and equipment | 23 | €13,091 | €8,670 | -€4,421 | -33.8% |
| Furniture and vehicles | 24 | €36,457 | €24,659 | -€11,798 | -32.4% |
| Other tangible fixed assets | 26 | €33,684 | €17,661 | -€16,023 | -47.6% |
| Financial fixed assets | 28 | €24,968 | €30,968 | +€6,000 | +24.0% |
| Current assets | 29/58 | €2,537,773 | €2,419,285 | -€118,488 | -4.7% |
| Stocks and contracts in progress | 3 | €2,180,251 | €2,111,451 | -€68,800 | -3.2% |
| Stocks | 30/36 | €2,180,251 | €2,111,451 | -€68,800 | -3.2% |
| Amounts receivable within one year | 40/41 | €137,766 | €149,747 | +€11,982 | +8.7% |
| Trade receivables | 40 | €133,966 | €148,647 | +€14,682 | +11.0% |
| Other amounts receivable | 41 | €3,800 | €1,100 | -€2,700 | -71.1% |
| Cash at bank and in hand | 54/58 | €209,828 | €139,714 | -€70,113 | -33.4% |
| Deferred charges and accrued income | 490/1 | €9,929 | €18,373 | +€8,444 | +85.0% |
| Total equity and liabilities | 10/49 | €2,645,973 | €2,501,243 | -€144,730 | -5.5% |
| Equity | 10/15 | €833,437 | €834,063 | +€626 | +0.1% |
| Contributions | 10/11 | €468,000 | €468,000 | = | 0.0% |
| Reserves | 13 | €6,761 | €6,761 | = | 0.0% |
| Distributable reserves | 133 | €6,761 | €6,761 | = | 0.0% |
| Profit (loss) carried forward | 14 | €358,676 | €359,302 | +€626 | +0.2% |
| Amounts payable | 17/49 | €1,812,537 | €1,667,180 | -€145,356 | -8.0% |
| Amounts payable after more than one year | 17 | €220,643 | €128,470 | -€92,174 | -41.8% |
| Financial debts | 170/4 | €220,643 | €128,470 | -€92,174 | -41.8% |
| Amounts payable within one year | 42/48 | €1,588,921 | €1,537,223 | -€51,698 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €88,740 | €92,174 | +€3,433 | +3.9% |
| Trade debts | 44 | €50,237 | €44,501 | -€5,736 | -11.4% |
| Suppliers | 440/4 | €50,237 | €44,501 | -€5,736 | -11.4% |
| Advances received on contracts in progress | 46 | €34,549 | €54,814 | +€20,265 | +58.7% |
| Taxes, remuneration and social security | 45 | €76,578 | €62,517 | -€14,061 | -18.4% |
| Taxes | 450/3 | €13,567 | €3,631 | -€9,936 | -73.2% |
| Remuneration and social security | 454/9 | €63,012 | €58,886 | -€4,126 | -6.5% |
| Other amounts payable | 47/48 | €1,338,817 | €1,283,217 | -€55,600 | -4.2% |
| Accrued charges and deferred income | 492/3 | €2,972 | €1,487 | -€1,484 | -49.9% |
| Non-recurring operating income | 76A | €2,000 | - | -€2,000 | |
| Remuneration, social security and pensions | 62 | €452,253 | €495,277 | +€43,024 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,487 | €33,531 | +€3,044 | +10.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€13,413 | -€13,072 | +€342 | +2.5% |
| Other operating charges | 640/8 | €32,405 | €35,532 | +€3,127 | +9.6% |
| Gross operating margin | 9900 | €1,067,937 | €1,036,009 | -€31,928 | -3.0% |
| Operating profit (loss) | 9901 | €566,205 | €484,741 | -€81,465 | -14.4% |
| Financial income | 75/76B | €12,908 | €9,961 | -€2,947 | -22.8% |
| Recurring financial income | 75 | €12,908 | €9,961 | -€2,947 | -22.8% |
| Financial charges | 65/66B | €54,771 | €27,368 | -€27,403 | -50.0% |
| Recurring financial charges | 65 | €54,771 | €27,368 | -€27,403 | -50.0% |
| Profit (loss) for the period before taxes | 9903 | €524,343 | €467,334 | -€57,009 | -10.9% |
| Income taxes | 67/77 | €3,924 | €1,708 | -€2,216 | -56.5% |
| Profit (loss) for the period | 9904 | €520,419 | €465,626 | -€54,793 | -10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €520,419 | €465,626 | -€54,793 | -10.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.