INTRAFIN VASTGOED: 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.
INTRAFIN VASTGOED
Largest movements
- Cash -€40,327
down €40,327 (-60.3%), from €66,916 to €26,589
mainly Trade debts (-€52,959) and Receivables within one year (-€6,089)
- Deferred charges and accrued income -€8,464
no longer reported in 2025 (was €8,464)
- Financial fixed assets -€6,250
down €6,250 (-53.2%), from €11,750 to €5,500
- Receivables within one year +€6,089
up €6,089 (+20.9%), from €29,120 to €35,209
of which Trade receivables: +€9,239
- Trade debts -€52,959
down €52,959 (-95.2%), from €55,611 to €2,652
- Profit (loss) carried forward +€3,320
up €3,320 (+16.3%), from €20,426 to €23,746
- Gross operating margin +€788
up €788 (+19.0%), from €4,149 to €4,937
- Taxes +€389
up €389 (+75.4%), from €516 to €905
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 | €120,773 | €71,134 | -€49,639 | -41.1% |
| Fixed assets | 21/28 | €16,273 | €9,336 | -€6,937 | -42.6% |
| Tangible fixed assets | 22/27 | €4,523 | €3,836 | -€687 | -15.2% |
| Plant, machinery and equipment | 23 | €4,523 | €3,836 | -€687 | -15.2% |
| Financial fixed assets | 28 | €11,750 | €5,500 | -€6,250 | -53.2% |
| Current assets | 29/58 | €104,500 | €61,798 | -€42,702 | -40.9% |
| Amounts receivable within one year | 40/41 | €29,120 | €35,209 | +€6,089 | +20.9% |
| Trade receivables | 40 | €1,806 | €11,045 | +€9,239 | +512% |
| Other amounts receivable | 41 | €27,314 | €24,164 | -€3,150 | -11.5% |
| Cash at bank and in hand | 54/58 | €66,916 | €26,589 | -€40,327 | -60.3% |
| Deferred charges and accrued income | 490/1 | €8,464 | - | -€8,464 | |
| Total equity and liabilities | 10/49 | €120,773 | €71,134 | -€49,639 | -41.1% |
| Equity | 10/15 | €57,617 | €60,937 | +€3,320 | +5.8% |
| Contributions | 10/11 | €37,191 | €37,191 | = | 0.0% |
| Capital | 10 | €37,191 | €37,191 | = | 0.0% |
| Issued capital | 100 | €61,980 | €61,980 | = | 0.0% |
| Uncalled capital | 101 | €24,789 | €24,789 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,426 | €23,746 | +€3,320 | +16.3% |
| Amounts payable | 17/49 | €63,156 | €10,197 | -€52,959 | -83.9% |
| Amounts payable within one year | 42/48 | €63,156 | €10,197 | -€52,959 | -83.9% |
| Trade debts | 44 | €55,611 | €2,652 | -€52,959 | -95.2% |
| Suppliers | 440/4 | €55,611 | €2,652 | -€52,959 | -95.2% |
| Other amounts payable | 47/48 | €7,545 | €7,545 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €687 | €687 | = | 0.0% |
| Gross operating margin | 9900 | €4,149 | €4,937 | +€788 | +19.0% |
| Operating profit (loss) | 9901 | €3,462 | €4,250 | +€788 | +22.8% |
| Financial income | 75/76B | - | €24 | +€24 | |
| Recurring financial income | 75 | - | €24 | +€24 | |
| Financial charges | 65/66B | €72 | €49 | -€23 | -31.9% |
| Recurring financial charges | 65 | €72 | €49 | -€23 | -31.9% |
| Profit (loss) for the period before taxes | 9903 | €3,390 | €4,225 | +€835 | +24.6% |
| Income taxes | 67/77 | €516 | €905 | +€389 | +75.4% |
| Profit (loss) for the period | 9904 | €2,874 | €3,320 | +€446 | +15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,874 | €3,320 | +€446 | +15.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.