INTRA MUROS: what changed
INTRA MUROS
Largest movements
- Receivables within one year -€42,071
down €42,071 (-34.0%), from €123,831 to €81,760
of which Trade receivables: -€43,794
- Intangible fixed assets -€40,617
down €40,617 (-14.5%), from €280,926 to €240,309
- Cash +€18,953
up €18,953 (+23.7%), from €79,923 to €98,876
mainly Depreciation (+€67,367) and Receivables within one year (+€42,071)
- Tangible fixed assets -€12,801
down €12,801 (-14.1%), from €90,667 to €77,866
of which Plant, machinery and equipment: -€9,739
- Deferred charges and accrued income +€8,764
up €8,764 (+724%), from €1,210 to €9,974
- Debts after one year -€45,495
down €45,495 (-32.1%), from €141,730 to €96,235
- Accrued charges and deferred income -€24,132
down €24,132 (-57.0%), from €42,314 to €18,182
- Tax, wage and social debts -€22,907
down €22,907 (-62.9%), from €36,409 to €13,503
of which Taxes: -€25,559
- Trade debts +€15,523
up €15,523 (+16.1%), from €96,481 to €112,004
- Reserves +€10,509
up €10,509 (+8.0%), from €131,677 to €142,186
- Gross operating margin -€25,911
down €25,911 (-8.3%), from €311,078 to €285,167
- Taxes -€8,746
down €8,746 (-55.8%), from €15,680 to €6,933
- Staff costs +€8,139
up €8,139 (+4.3%), from €188,928 to €197,067
- Depreciation +€4,446
up €4,446 (+7.1%), from €62,921 to €67,367
- Financial charges -€3,543
down €3,543 (-31.5%), from €11,245 to €7,702
of which Financial charges: -€2,158
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €610,392 | €542,925 | -€67,467 | -11.1% |
| Fixed assets | 21/28 | €371,593 | €318,175 | -€53,418 | -14.4% |
| Intangible fixed assets | 21 | €280,926 | €240,309 | -€40,617 | -14.5% |
| Tangible fixed assets | 22/27 | €90,667 | €77,866 | -€12,801 | -14.1% |
| Plant, machinery and equipment | 23 | €32,345 | €22,605 | -€9,739 | -30.1% |
| Furniture and vehicles | 24 | €58,323 | €55,261 | -€3,062 | -5.3% |
| Current assets | 29/58 | €238,799 | €224,750 | -€14,049 | -5.9% |
| Stocks and contracts in progress | 3 | €33,835 | €34,140 | +€305 | +0.9% |
| Stocks | 30/36 | €33,835 | €34,140 | +€305 | +0.9% |
| Amounts receivable within one year | 40/41 | €123,831 | €81,760 | -€42,071 | -34.0% |
| Trade receivables | 40 | €122,487 | €78,693 | -€43,794 | -35.8% |
| Other amounts receivable | 41 | €1,344 | €3,067 | +€1,723 | +128% |
| Cash at bank and in hand | 54/58 | €79,923 | €98,876 | +€18,953 | +23.7% |
| Deferred charges and accrued income | 490/1 | €1,210 | €9,974 | +€8,764 | +724% |
| Total equity and liabilities | 10/49 | €610,392 | €542,925 | -€67,467 | -11.1% |
| Equity | 10/15 | €181,677 | €192,186 | +€10,509 | +5.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €131,677 | €142,186 | +€10,509 | +8.0% |
| Distributable reserves | 133 | €131,677 | €142,186 | +€10,509 | +8.0% |
| Amounts payable | 17/49 | €428,715 | €350,739 | -€77,976 | -18.2% |
| Amounts payable after more than one year | 17 | €141,730 | €96,235 | -€45,495 | -32.1% |
| Financial debts | 170/4 | €141,730 | €96,235 | -€45,495 | -32.1% |
| Amounts payable within one year | 42/48 | €244,672 | €236,323 | -€8,349 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €44,745 | €45,495 | +€750 | +1.7% |
| Trade debts | 44 | €96,481 | €112,004 | +€15,523 | +16.1% |
| Suppliers | 440/4 | €96,481 | €112,004 | +€15,523 | +16.1% |
| Taxes, remuneration and social security | 45 | €36,409 | €13,503 | -€22,907 | -62.9% |
| Taxes | 450/3 | €32,458 | €6,900 | -€25,559 | -78.7% |
| Remuneration and social security | 454/9 | €3,951 | €6,603 | +€2,652 | +67.1% |
| Other amounts payable | 47/48 | €67,037 | €65,321 | -€1,716 | -2.6% |
| Accrued charges and deferred income | 492/3 | €42,314 | €18,182 | -€24,132 | -57.0% |
| Remuneration, social security and pensions | 62 | €188,928 | €197,067 | +€8,139 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,921 | €67,367 | +€4,446 | +7.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,696 | -€1,696 | -€3,392 | |
| Other operating charges | 640/8 | €1,944 | €3,435 | +€1,491 | +76.7% |
| Gross operating margin | 9900 | €311,078 | €285,167 | -€25,911 | -8.3% |
| Operating profit (loss) | 9901 | €55,590 | €18,994 | -€36,596 | -65.8% |
| Financial income | 75/76B | €6,226 | €6,151 | -€76 | -1.2% |
| Recurring financial income | 75 | €6,226 | €6,151 | -€76 | -1.2% |
| Financial charges | 65/66B | €11,245 | €7,702 | -€3,543 | -31.5% |
| Recurring financial charges | 65 | €9,860 | €7,702 | -€2,158 | -21.9% |
| Non-recurring financial charges | 66B | €1,385 | €0 | -€1,385 | -100% |
| Profit (loss) for the period before taxes | 9903 | €50,571 | €17,443 | -€33,128 | -65.5% |
| Income taxes | 67/77 | €15,680 | €6,933 | -€8,746 | -55.8% |
| Profit (loss) for the period | 9904 | €34,891 | €10,509 | -€24,382 | -69.9% |
| Profit (loss) for the period to be appropriated | 9905 | €34,891 | €10,509 | -€24,382 | -69.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.