INTRAMAR: 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.
INTRAMAR
Largest movements
- Receivables within one year +€747,087
up €747,087 (+3.5%), from €21.4m to €22.2m
of which Other amounts receivable: +€2.7m
- Cash -€260,620
down €260,620 (-83.8%), from €311,157 to €50,537
mainly Receivables within one year (-€747,087) and Trade debts (-€451,785)
- Profit (loss) carried forward +€1.3m
up €1.3m (+125%), from €1.0m to €2.3m
- Trade debts -€451,785
down €451,785 (-3.0%), from €15.2m to €14.8m
- Tax, wage and social debts -€316,879
down €316,879 (-88.6%), from €357,760 to €40,880
- Turnover -€6.7m
no longer reported in 2025 (was €6.7m)
- Services and other goods -€6.0m
no longer reported in 2025 (was €6.0m)
- Gross operating margin +€1.7m
new in 2025: €1.7m
- Other operating income -€735,524
no longer reported in 2025 (was €735,524)
- Financial charges -€198,745
down €198,745 (-34.5%), from €575,328 to €376,583
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 | €21,727,299 | €22,213,767 | +€486,467 | +2.2% |
| Current assets | 29/58 | €21,727,299 | €22,213,767 | +€486,467 | +2.2% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €21,416,142 | €22,163,230 | +€747,087 | +3.5% |
| Trade receivables | 40 | €8,679,046 | €6,681,173 | -€2.0m | -23.0% |
| Other amounts receivable | 41 | €12,737,096 | €15,482,057 | +€2.7m | +21.6% |
| Cash at bank and in hand | 54/58 | €311,157 | €50,537 | -€260,620 | -83.8% |
| Total equity and liabilities | 10/49 | €21,727,299 | €22,213,767 | +€486,467 | +2.2% |
| Equity | 10/15 | €5,963,324 | €7,229,865 | +€1.3m | +21.2% |
| Contributions | 10/11 | €1,062,469 | €1,062,469 | = | 0.0% |
| Capital | 10 | €1,062,469 | €1,062,469 | = | 0.0% |
| Issued capital | 100 | €1,062,469 | €1,062,469 | = | 0.0% |
| Reserves | 13 | €3,885,357 | €3,885,357 | = | 0.0% |
| Non-distributable reserves | 130/1 | €106,247 | €106,247 | = | 0.0% |
| Legal reserve | 130 | €106,247 | €106,247 | = | 0.0% |
| Distributable reserves | 133 | €3,779,110 | €3,779,110 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,015,498 | €2,282,039 | +€1.3m | +125% |
| Amounts payable | 17/49 | €15,763,975 | €14,983,901 | -€780,074 | -4.9% |
| Amounts payable within one year | 42/48 | €15,585,845 | €14,817,181 | -€768,664 | -4.9% |
| Trade debts | 44 | €15,228,085 | €14,776,300 | -€451,785 | -3.0% |
| Suppliers | 440/4 | €15,228,085 | €14,776,300 | -€451,785 | -3.0% |
| Taxes, remuneration and social security | 45 | €357,760 | €40,880 | -€316,879 | -88.6% |
| Taxes | 450/3 | €357,760 | €40,880 | -€316,879 | -88.6% |
| Accrued charges and deferred income | 492/3 | €178,130 | €166,720 | -€11,410 | -6.4% |
| Operating income | 70/76A | €7,459,023 | - | -€7.5m | |
| Turnover | 70 | €6,723,499 | - | -€6.7m | |
| Other operating income | 74 | €735,524 | - | -€735,524 | |
| Operating charges | 60/66A | €5,995,187 | - | -€6.0m | |
| Services and other goods | 61 | €5,996,785 | - | -€6.0m | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,111 | €3 | +€3,114 | |
| Other operating charges | 640/8 | €1,512 | €2,621 | +€1,108 | +73.3% |
| Gross operating margin | 9900 | - | €1,693,214 | +€1.7m | |
| Operating profit (loss) | 9901 | €1,463,836 | €1,690,591 | +€226,755 | +15.5% |
| Financial income | 75/76B | €494,602 | €379,671 | -€114,931 | -23.2% |
| Recurring financial income | 75 | €494,602 | €379,671 | -€114,931 | -23.2% |
| Income from current assets | 751 | €494,041 | - | -€494,041 | |
| Other financial income | 752/9 | €562 | - | -€562 | |
| Financial charges | 65/66B | €575,328 | €376,583 | -€198,745 | -34.5% |
| Recurring financial charges | 65 | €575,328 | €376,583 | -€198,745 | -34.5% |
| Debt charges | 650 | €564,760 | - | -€564,760 | |
| Other financial charges | 652/9 | €10,568 | - | -€10,568 | |
| Profit (loss) for the period before taxes | 9903 | €1,383,111 | €1,693,679 | +€310,568 | +22.5% |
| Income taxes | 67/77 | €367,613 | €427,138 | +€59,525 | +16.2% |
| Taxes | 670/3 | €367,613 | - | -€367,613 | |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | €1,015,498 | €1,266,541 | +€251,043 | +24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,015,498 | €1,266,541 | +€251,043 | +24.7% |
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 15 October 2026 via checked.be.