INTERVOEREN: 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.
INTERVOEREN
Largest movements
- Receivables within one year -€791,106
down €791,106 (-57.0%), from €1.4m to €596,097
of which Trade receivables: -€1.1m
- Cash +€104,579
up €104,579 (+174%), from €60,041 to €164,620
mainly Receivables within one year (+€791,106) and Net result for the year (+€135,487)
- Tangible fixed assets +€24,332
up €24,332 (+28.0%), from €86,785 to €111,117
- Trade debts -€584,948
down €584,948 (-21.3%), from €2.7m to €2.2m
- Tax, wage and social debts -€188,196
down €188,196 (-69.6%), from €270,353 to €82,156
of which Taxes: -€184,646
- Profit (loss) carried forward +€135,487
up €135,487 (+8.6%), from -€1.6m to -€1.4m
- Other debts -€25,000
no longer reported in 2025 (was €25,000)
- Gross operating margin +€103,115
up €103,115 (+8.4%), from €1.2m to €1.3m
- Staff costs +€75,294
up €75,294 (+7.6%), from €990,276 to €1.1m
- Depreciation +€19,096
up €19,096 (+95.7%), from €19,950 to €39,046
- Other operating charges -€16,870
down €16,870 (-16.8%), from €100,205 to €83,334
- Financial income -€15,335
no longer reported in 2025 (was €15,335)
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 | €1,564,417 | €901,760 | -€662,657 | -42.4% |
| Fixed assets | 21/28 | €88,360 | €113,267 | +€24,907 | +28.2% |
| Tangible fixed assets | 22/27 | €86,785 | €111,117 | +€24,332 | +28.0% |
| Furniture and vehicles | 24 | €86,785 | €111,117 | +€24,332 | +28.0% |
| Financial fixed assets | 28 | €1,575 | €2,150 | +€575 | +36.5% |
| Current assets | 29/58 | €1,476,057 | €788,493 | -€687,564 | -46.6% |
| Amounts receivable after more than one year | 29 | €5,250 | €2,567 | -€2,683 | -51.1% |
| Other amounts receivable | 291 | €5,250 | €2,567 | -€2,683 | -51.1% |
| Amounts receivable within one year | 40/41 | €1,387,204 | €596,097 | -€791,106 | -57.0% |
| Trade receivables | 40 | €1,191,222 | €127,328 | -€1.1m | -89.3% |
| Other amounts receivable | 41 | €195,982 | €468,769 | +€272,787 | +139% |
| Cash at bank and in hand | 54/58 | €60,041 | €164,620 | +€104,579 | +174% |
| Deferred charges and accrued income | 490/1 | €23,562 | €25,209 | +€1,647 | +7.0% |
| Total equity and liabilities | 10/49 | €1,564,417 | €901,760 | -€662,657 | -42.4% |
| Equity | 10/15 | -€1,478,635 | -€1,343,148 | +€135,487 | +9.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €82,454 | €82,454 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €80,594 | €80,594 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,579,689 | -€1,444,201 | +€135,487 | +8.6% |
| Amounts payable | 17/49 | €3,043,052 | €2,244,908 | -€798,144 | -26.2% |
| Amounts payable within one year | 42/48 | €3,043,052 | €2,244,908 | -€798,144 | -26.2% |
| Trade debts | 44 | €2,747,699 | €2,162,752 | -€584,948 | -21.3% |
| Suppliers | 440/4 | €2,747,699 | €2,162,752 | -€584,948 | -21.3% |
| Taxes, remuneration and social security | 45 | €270,353 | €82,156 | -€188,196 | -69.6% |
| Taxes | 450/3 | €184,646 | - | -€184,646 | |
| Remuneration and social security | 454/9 | €85,707 | €82,156 | -€3,551 | -4.1% |
| Other amounts payable | 47/48 | €25,000 | - | -€25,000 | |
| Remuneration, social security and pensions | 62 | €990,276 | €1,065,570 | +€75,294 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,950 | €39,046 | +€19,096 | +95.7% |
| Other operating charges | 640/8 | €100,205 | €83,334 | -€16,870 | -16.8% |
| Gross operating margin | 9900 | €1,223,492 | €1,326,608 | +€103,115 | +8.4% |
| Operating profit (loss) | 9901 | €113,061 | €138,657 | +€25,596 | +22.6% |
| Financial income | 75/76B | €15,335 | - | -€15,335 | |
| Recurring financial income | 75 | €15,335 | - | -€15,335 | |
| Financial charges | 65/66B | €4,670 | €3,170 | -€1,500 | -32.1% |
| Recurring financial charges | 65 | €4,670 | €3,170 | -€1,500 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | €123,726 | €135,487 | +€11,761 | +9.5% |
| Profit (loss) for the period | 9904 | €123,726 | €135,487 | +€11,761 | +9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €123,726 | €135,487 | +€11,761 | +9.5% |
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 16 October 2026 via checked.be.