INTERVISION: 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.
INTERVISION
Largest movements
- Tangible fixed assets +€322,679
up €322,679 (+749%), from €43,109 to €365,788
of which Land and buildings: +€222,588
- Receivables within one year -€21,926
down €21,926 (-80.6%), from €27,214 to €5,288
of which Trade receivables: -€25,752
- Cash +€17,277
up €17,277 (+88.3%), from €19,574 to €36,851
mainly Debts after one year (+€238,302) and Other debts (+€102,054)
- Debts after one year +€238,302
new in 2025: €238,302
- Other debts +€102,054
up €102,054 (+3,253%), from €3,137 to €105,191
- Profit (loss) carried forward -€44,514
down €44,514 (-1,968%), from -€2,262 to -€46,776
- Short-term financial debts +€11,698
up €11,698 (+16.9%), from €69,250 to €80,948
of which Credit institutions: +€11,698
- Trade debts +€10,830
up €10,830 (+101%), from €10,732 to €21,562
- Turnover -€60,535
down €60,535 (-33.4%), from €181,375 to €120,840
- Purchases and services -€50,637
down €50,637 (-30.2%), from €167,890 to €117,253
- Depreciation +€23,547
up €23,547 (+195%), from €12,061 to €35,608
- Gross operating margin -€9,898
down €9,898 (-73.4%), from €13,485 to €3,587
- Financial charges +€5,252
up €5,252 (+14,589%), from €36 to €5,288
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 | €89,897 | €407,927 | +€318,030 | +354% |
| Fixed assets | 21/28 | €43,109 | €365,788 | +€322,679 | +749% |
| Tangible fixed assets | 22/27 | €43,109 | €365,788 | +€322,679 | +749% |
| Land and buildings | 22 | €9,248 | €231,836 | +€222,588 | +2,407% |
| Plant, machinery and equipment | 23 | €5,870 | €37,774 | +€31,904 | +544% |
| Furniture and vehicles | 24 | €27,991 | €96,178 | +€68,187 | +244% |
| Current assets | 29/58 | €46,788 | €42,139 | -€4,649 | -9.9% |
| Amounts receivable within one year | 40/41 | €27,214 | €5,288 | -€21,926 | -80.6% |
| Trade receivables | 40 | €26,752 | €1,000 | -€25,752 | -96.3% |
| Other amounts receivable | 41 | €462 | €4,288 | +€3,826 | +828% |
| Cash at bank and in hand | 54/58 | €19,574 | €36,851 | +€17,277 | +88.3% |
| Total equity and liabilities | 10/49 | €89,897 | €407,927 | +€318,030 | +354% |
| Equity | 10/15 | €6,438 | -€38,076 | -€44,514 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,262 | -€46,776 | -€44,514 | -1,968% |
| Amounts payable | 17/49 | €83,459 | €446,003 | +€362,544 | +434% |
| Amounts payable after more than one year | 17 | - | €238,302 | +€238,302 | |
| Financial debts | 170/4 | - | €238,302 | +€238,302 | |
| Amounts payable within one year | 42/48 | €83,459 | €207,701 | +€124,242 | +149% |
| Financial debts | 43 | €69,250 | €80,948 | +€11,698 | +16.9% |
| Credit institutions | 430/8 | - | €11,698 | +€11,698 | |
| Other loans | 439 | €69,250 | €69,250 | = | 0.0% |
| Trade debts | 44 | €10,732 | €21,562 | +€10,830 | +101% |
| Suppliers | 440/4 | €10,732 | €21,562 | +€10,830 | +101% |
| Taxes, remuneration and social security | 45 | €340 | - | -€340 | |
| Taxes | 450/3 | €340 | - | -€340 | |
| Other amounts payable | 47/48 | €3,137 | €105,191 | +€102,054 | +3,253% |
| Turnover | 70 | €181,375 | €120,840 | -€60,535 | -33.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €167,890 | €117,253 | -€50,637 | -30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,061 | €35,608 | +€23,547 | +195% |
| Other operating charges | 640/8 | €2,727 | €3,446 | +€719 | +26.4% |
| Gross operating margin | 9900 | €13,485 | €3,587 | -€9,898 | -73.4% |
| Operating profit (loss) | 9901 | -€1,303 | -€35,467 | -€34,164 | -2,622% |
| Financial charges | 65/66B | €36 | €5,288 | +€5,252 | +14,589% |
| Recurring financial charges | 65 | €36 | €5,288 | +€5,252 | +14,589% |
| Profit (loss) for the period before taxes | 9903 | -€1,339 | -€40,755 | -€39,416 | -2,944% |
| Income taxes | 67/77 | - | €3,759 | +€3,759 | |
| Profit (loss) for the period | 9904 | -€1,339 | -€44,514 | -€43,175 | -3,224% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,339 | -€44,514 | -€43,175 | -3,224% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.