Intertrans: what changed
Two fiscal 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.
Intertrans
Largest movements
- Tangible fixed assets -€562,475
down €562,475 (-92.0%), from €611,218 to €48,743
of which Land and buildings: -€554,440
- Receivables within one year -€209,982
down €209,982 (-14.9%), from €1.4m to €1.2m
of which Other amounts receivable: -€347,987
- Cash -€93,148
down €93,148 (-48.6%), from €191,548 to €98,401
mainly Debts after one year (-€424,954) and Net result for the year (-€348,840)
- Debts after one year -€424,954
down €424,954 (-98.1%), from €433,012 to €8,058
- Profit (loss) carried forward -€353,249
down €353,249 (-98.5%), from -€358,577 to -€711,826
- Current portion of long-term debt -€51,950
down €51,950 (-86.9%), from €59,777 to €7,827
- Tax, wage and social debts -€28,793
down €28,793 (-45.4%), from €63,398 to €34,605
of which Taxes: -€41,838
- Other operating charges -€267,954
down €267,954 (-98.1%), from €273,032 to €5,077
- Write-downs +€195,150
up €195,150 (+5864.6%), from €3,328 to €198,478
- Staff costs +€86,481
up €86,481 (+39.7%), from €217,679 to €304,160
- Depreciation -€22,566
down €22,566 (-48.8%), from €46,243 to €23,678
- Financial charges -€19,373
down €19,373 (-47.8%), from €40,491 to €21,118
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 | €2,274,913 | €1,399,465 | -€875,448 | -38.5% |
| Fixed assets | 21/28 | €661,888 | €89,773 | -€572,115 | -86.4% |
| Intangible fixed assets | 21 | €34,825 | €25,185 | -€9,640 | -27.7% |
| Tangible fixed assets | 22/27 | €611,218 | €48,743 | -€562,475 | -92.0% |
| Land and buildings | 22 | €587,872 | €33,433 | -€554,440 | -94.3% |
| Plant, machinery and equipment | 23 | €750 | €588 | -€163 | -21.7% |
| Furniture and vehicles | 24 | €22,596 | €14,723 | -€7,873 | -34.8% |
| Financial fixed assets | 28 | €15,844 | €15,844 | = | 0.0% |
| Current assets | 29/58 | €1,613,024 | €1,309,692 | -€303,333 | -18.8% |
| Amounts receivable within one year | 40/41 | €1,412,908 | €1,202,926 | -€209,982 | -14.9% |
| Trade receivables | 40 | €488,773 | €626,779 | +€138,006 | +28.2% |
| Other amounts receivable | 41 | €924,135 | €576,148 | -€347,987 | -37.7% |
| Cash at bank and in hand | 54/58 | €191,548 | €98,401 | -€93,148 | -48.6% |
| Deferred charges and accrued income | 490/1 | €8,568 | €8,365 | -€203 | -2.4% |
| Total equity and liabilities | 10/49 | €2,274,913 | €1,399,465 | -€875,448 | -38.5% |
| Equity | 10/15 | €983,099 | €629,851 | -€353,249 | -35.9% |
| Contributions | 10/11 | €397,000 | €397,000 | = | 0.0% |
| Capital | 10 | €397,000 | €397,000 | = | 0.0% |
| Issued capital | 100 | €397,000 | €397,000 | = | 0.0% |
| Reserves | 13 | €944,676 | €944,676 | = | 0.0% |
| Non-distributable reserves | 130/1 | €40,141 | €40,141 | = | 0.0% |
| Legal reserve | 130 | €39,700 | €39,700 | = | 0.0% |
| Other | 1319 | €441 | €441 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,966 | €4,966 | = | 0.0% |
| Distributable reserves | 133 | €899,569 | €899,569 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€358,577 | -€711,826 | -€353,249 | -98.5% |
| Amounts payable | 17/49 | €1,291,813 | €769,614 | -€522,199 | -40.4% |
| Amounts payable after more than one year | 17 | €433,012 | €8,058 | -€424,954 | -98.1% |
| Financial debts | 170/4 | €433,012 | €8,058 | -€424,954 | -98.1% |
| Amounts payable within one year | 42/48 | €858,801 | €761,556 | -€97,245 | -11.3% |
| Current portion of amounts payable after more than one year | 42 | €59,777 | €7,827 | -€51,950 | -86.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €730,783 | €714,280 | -€16,503 | -2.3% |
| Suppliers | 440/4 | €730,783 | €714,280 | -€16,503 | -2.3% |
| Advances received on contracts in progress | 46 | €4,844 | €4,844 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €63,398 | €34,605 | -€28,793 | -45.4% |
| Taxes | 450/3 | €50,291 | €8,453 | -€41,838 | -83.2% |
| Remuneration and social security | 454/9 | €13,107 | €26,152 | +€13,045 | +99.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €7,486 | +€7,486 | |
| Remuneration, social security and pensions | 62 | €217,679 | €304,160 | +€86,481 | +39.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,243 | €23,678 | -€22,566 | -48.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,328 | €198,478 | +€195,150 | +5864.6% |
| Other operating charges | 640/8 | €273,032 | €5,077 | -€267,954 | -98.1% |
| Non-recurring operating charges | 66A | - | €26,684 | +€26,684 | |
| Gross operating margin | 9900 | €194,747 | €194,024 | -€723 | -0.4% |
| Operating profit (loss) | 9901 | -€345,535 | -€364,053 | -€18,518 | -5.4% |
| Financial income | 75/76B | €44,833 | €38,164 | -€6,670 | -14.9% |
| Recurring financial income | 75 | €44,833 | €38,164 | -€6,670 | -14.9% |
| Financial charges | 65/66B | €40,491 | €21,118 | -€19,373 | -47.8% |
| Recurring financial charges | 65 | €40,491 | €21,118 | -€19,373 | -47.8% |
| Profit (loss) for the period before taxes | 9903 | -€341,193 | -€347,007 | -€5,815 | -1.7% |
| Income taxes | 67/77 | €4,184 | €1,833 | -€2,351 | -56.2% |
| Profit (loss) for the period | 9904 | -€345,377 | -€348,840 | -€3,463 | -1.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€345,377 | -€348,840 | -€3,463 | -1.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.