INTERVINCO: 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.
INTERVINCO
Largest movements
- Current investments +€563,421
up €563,421 (+37.2%), from €1.5m to €2.1m
- Receivables within one year +€377,763
up €377,763 (+115.3%), from €327,737 to €705,500
of which Trade receivables: +€378,800
- Cash +€340,613
up €340,613 (+5010.0%), from €6,799 to €347,412
mainly Net result for the year (+€1.1m) and Tax, wage and social debts (+€114,753)
- Reserves +€1.1m
up €1.1m (+63.1%), from €1.8m to €2.9m
- Tax, wage and social debts +€114,753
up €114,753 (+164.6%), from €69,718 to €184,471
- Gross operating margin +€1.4m
up €1.4m (+374.6%), from €365,214 to €1.7m
- Taxes +€430,085
up €430,085 (+365.2%), from €117,767 to €547,851
- Financial charges +€70,766
up €70,766, from -€309 to €70,457
- Financial income +€22,856
up €22,856 (+65.4%), from €34,963 to €57,819
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 | €1,920,080 | €3,171,144 | +€1.3m | +65.2% |
| Fixed assets | 21/28 | €71,849 | €41,312 | -€30,538 | -42.5% |
| Tangible fixed assets | 22/27 | €71,849 | €41,312 | -€30,538 | -42.5% |
| Furniture and vehicles | 24 | €71,849 | €41,312 | -€30,538 | -42.5% |
| Current assets | 29/58 | €1,848,231 | €3,129,832 | +€1.3m | +69.3% |
| Amounts receivable within one year | 40/41 | €327,737 | €705,500 | +€377,763 | +115.3% |
| Trade receivables | 40 | €326,700 | €705,500 | +€378,800 | +115.9% |
| Other amounts receivable | 41 | €1,037 | €0 | -€1,037 | -100.0% |
| Current investments | 50/53 | €1,512,947 | €2,076,368 | +€563,421 | +37.2% |
| Cash at bank and in hand | 54/58 | €6,799 | €347,412 | +€340,613 | +5010.0% |
| Deferred charges and accrued income | 490/1 | €749 | €553 | -€196 | -26.2% |
| Total equity and liabilities | 10/49 | €1,920,080 | €3,171,144 | +€1.3m | +65.2% |
| Equity | 10/15 | €1,818,381 | €2,954,789 | +€1.1m | +62.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,799,781 | €2,936,189 | +€1.1m | +63.1% |
| Distributable reserves | 133 | €1,799,781 | €2,936,189 | +€1.1m | +63.1% |
| Amounts payable | 17/49 | €101,700 | €216,356 | +€114,656 | +112.7% |
| Amounts payable within one year | 42/48 | €101,662 | €216,281 | +€114,619 | +112.7% |
| Trade debts | 44 | €2,244 | €1,715 | -€529 | -23.6% |
| Suppliers | 440/4 | €2,244 | €1,715 | -€529 | -23.6% |
| Advances received on contracts in progress | 46 | €29,700 | €29,700 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €69,718 | €184,471 | +€114,753 | +164.6% |
| Taxes | 450/3 | €69,718 | €184,471 | +€114,753 | +164.6% |
| Other amounts payable | 47/48 | - | €394 | +€394 | |
| Accrued charges and deferred income | 492/3 | €37 | €75 | +€37 | +100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,320 | €31,628 | +€308 | +1.0% |
| Other operating charges | 640/8 | €4,493 | €4,752 | +€259 | +5.8% |
| Gross operating margin | 9900 | €365,214 | €1,733,277 | +€1.4m | +374.6% |
| Operating profit (loss) | 9901 | €329,401 | €1,696,898 | +€1.4m | +415.1% |
| Financial income | 75/76B | €34,963 | €57,819 | +€22,856 | +65.4% |
| Recurring financial income | 75 | €34,963 | €57,819 | +€22,856 | +65.4% |
| Financial charges | 65/66B | -€309 | €70,457 | +€70,766 | |
| Recurring financial charges | 65 | -€309 | €70,457 | +€70,766 | |
| Profit (loss) for the period before taxes | 9903 | €364,673 | €1,684,259 | +€1.3m | +361.9% |
| Income taxes | 67/77 | €117,767 | €547,851 | +€430,085 | +365.2% |
| Profit (loss) for the period | 9904 | €246,906 | €1,136,408 | +€889,502 | +360.3% |
| Profit (loss) for the period to be appropriated | 9905 | €246,906 | €1,136,408 | +€889,502 | +360.3% |
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.