INTERVAL STUDIO: 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.
INTERVAL STUDIO
Largest movements
- Receivables after one year -€19,384
down €19,384 (-37.8%), from €51,273 to €31,889
- Receivables within one year -€16,583
down €16,583 (-24.2%), from €68,391 to €51,808
of which Trade receivables: -€31,818
- Deferred charges and accrued income +€9,642
up €9,642 (+946.0%), from €1,019 to €10,661
- Cash -€9,180
down €9,180 (-22.4%), from €40,895 to €31,715
mainly Contributions, distributions and other (-€150,841) and Deferred charges and accrued income (-€9,642)
- Profit (loss) carried forward -€49,720
down €49,720 (-71.8%), from €69,247 to €19,526
- Tax, wage and social debts +€7,457
up €7,457, from €0 to €7,457
- Other debts +€5,485
up €5,485 (+1.6%), from €341,500 to €346,985
- Accrued charges and deferred income +€4,642
up €4,642 (+217.5%), from €2,134 to €6,775
- Gross operating margin +€41,249
up €41,249 (+39.2%), from €105,254 to €146,502
- Taxes +€7,949
up €7,949 (+31.0%), from €25,606 to €33,555
- Financial charges +€5,834
up €5,834 (+221.4%), from €2,635 to €8,469
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.
Cash bridge derived
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 | €434,987 | €401,973 | -€33,013 | -7.6% |
| Fixed assets | 21/28 | €273,408 | €275,900 | +€2,492 | +0.9% |
| Tangible fixed assets | 22/27 | €6,129 | €8,621 | +€2,492 | +40.7% |
| Land and buildings | 22 | €341 | €0 | -€341 | -100.0% |
| Furniture and vehicles | 24 | €5,788 | €8,621 | +€2,833 | +48.9% |
| Financial fixed assets | 28 | €267,279 | €267,279 | = | 0.0% |
| Current assets | 29/58 | €161,579 | €126,073 | -€35,505 | -22.0% |
| Amounts receivable after more than one year | 29 | €51,273 | €31,889 | -€19,384 | -37.8% |
| Other amounts receivable | 291 | €51,273 | €31,889 | -€19,384 | -37.8% |
| Amounts receivable within one year | 40/41 | €68,391 | €51,808 | -€16,583 | -24.2% |
| Trade receivables | 40 | €63,652 | €31,834 | -€31,818 | -50.0% |
| Other amounts receivable | 41 | €4,739 | €19,974 | +€15,235 | +321.5% |
| Cash at bank and in hand | 54/58 | €40,895 | €31,715 | -€9,180 | -22.4% |
| Deferred charges and accrued income | 490/1 | €1,019 | €10,661 | +€9,642 | +946.0% |
| Total equity and liabilities | 10/49 | €434,987 | €401,973 | -€33,013 | -7.6% |
| Equity | 10/15 | €89,707 | €39,986 | -€49,720 | -55.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €69,247 | €19,526 | -€49,720 | -71.8% |
| Amounts payable | 17/49 | €345,280 | €361,987 | +€16,707 | +4.8% |
| Amounts payable within one year | 42/48 | €343,146 | €355,212 | +€12,066 | +3.5% |
| Financial debts | 43 | €238 | €447 | +€210 | +88.2% |
| Credit institutions | 430/8 | €238 | €447 | +€210 | +88.2% |
| Trade debts | 44 | €1,408 | €322 | -€1,086 | -77.2% |
| Suppliers | 440/4 | €1,408 | €322 | -€1,086 | -77.2% |
| Taxes, remuneration and social security | 45 | €0 | €7,457 | +€7,457 | |
| Taxes | 450/3 | €0 | €7,457 | +€7,457 | |
| Other amounts payable | 47/48 | €341,500 | €346,985 | +€5,485 | +1.6% |
| Accrued charges and deferred income | 492/3 | €2,134 | €6,775 | +€4,642 | +217.5% |
| Non-recurring operating income | 76A | - | €7,600 | +€7,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,312 | €2,717 | +€405 | +17.5% |
| Other operating charges | 640/8 | €525 | €703 | +€179 | +34.0% |
| Non-recurring operating charges | 66A | - | €273 | +€273 | |
| Gross operating margin | 9900 | €105,254 | €146,502 | +€41,249 | +39.2% |
| Operating profit (loss) | 9901 | €102,417 | €142,809 | +€40,392 | +39.4% |
| Financial income | 75/76B | €273 | €336 | +€62 | +22.9% |
| Recurring financial income | 75 | €273 | €336 | +€62 | +22.9% |
| Financial charges | 65/66B | €2,635 | €8,469 | +€5,834 | +221.4% |
| Recurring financial charges | 65 | €2,635 | €8,469 | +€5,834 | +221.4% |
| Profit (loss) for the period before taxes | 9903 | €100,056 | €134,676 | +€34,620 | +34.6% |
| Income taxes | 67/77 | €25,606 | €33,555 | +€7,949 | +31.0% |
| Profit (loss) for the period | 9904 | €74,450 | €101,121 | +€26,671 | +35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €74,450 | €101,121 | +€26,671 | +35.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.