M.T. INTERSALES: 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.
M.T. INTERSALES
Largest movements
- Cash +€36,939
up €36,939 (+164%), from €22,559 to €59,498
mainly Depreciation (+€28,943) and Trade debts (+€16,373)
- Tangible fixed assets -€16,934
down €16,934 (-12.0%), from €140,904 to €123,970
of which Furniture and vehicles: -€18,743
- Receivables within one year -€14,431
down €14,431 (-1.8%), from €794,604 to €780,173
of which Trade receivables: -€14,062
- Profit (loss) carried forward -€25,090
down €25,090 (-85.4%), from -€29,363 to -€54,453
- Trade debts +€16,373
up €16,373 (+5.2%), from €312,761 to €329,135
- Other debts +€14,980
up €14,980 (+64.0%), from €23,423 to €38,403
- Tax, wage and social debts +€13,398
up €13,398 (+543%), from €2,465 to €15,864
- Debts after one year -€10,885
down €10,885 (-8.0%), from €136,779 to €125,894
of which Financial debts: -€10,885
- Gross operating margin +€74,149
up €74,149, from -€67,702 to €6,447
- Financial income -€70,159
down €70,159 (-98.8%), from €71,026 to €867
- Depreciation +€4,466
up €4,466 (+18.2%), from €24,477 to €28,943
- Financial charges -€3,489
down €3,489 (-52.2%), from €6,684 to €3,194
- Other operating charges -€1,260
down €1,260 (-82.5%), from €1,527 to €267
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €995,003 | €999,828 | +€4,825 | +0.5% |
| Fixed assets | 21/28 | €142,784 | €124,947 | -€17,837 | -12.5% |
| Intangible fixed assets | 21 | €1,880 | €977 | -€903 | -48.0% |
| Tangible fixed assets | 22/27 | €140,904 | €123,970 | -€16,934 | -12.0% |
| Plant, machinery and equipment | 23 | - | €1,809 | +€1,809 | |
| Furniture and vehicles | 24 | €140,904 | €122,160 | -€18,743 | -13.3% |
| Current assets | 29/58 | €852,219 | €874,880 | +€22,662 | +2.7% |
| Stocks and contracts in progress | 3 | €32,399 | €35,210 | +€2,811 | +8.7% |
| Stocks | 30/36 | €32,399 | €35,210 | +€2,811 | +8.7% |
| Amounts receivable within one year | 40/41 | €794,604 | €780,173 | -€14,431 | -1.8% |
| Trade receivables | 40 | €281,671 | €267,610 | -€14,062 | -5.0% |
| Other amounts receivable | 41 | €512,933 | €512,563 | -€369 | -0.1% |
| Cash at bank and in hand | 54/58 | €22,559 | €59,498 | +€36,939 | +164% |
| Deferred charges and accrued income | 490/1 | €2,657 | - | -€2,657 | |
| Total equity and liabilities | 10/49 | €995,003 | €999,828 | +€4,825 | +0.5% |
| Equity | 10/15 | €501,943 | €476,853 | -€25,090 | -5.0% |
| Contributions | 10/11 | €440,000 | €440,000 | = | 0.0% |
| Capital | 10 | €440,000 | €440,000 | = | 0.0% |
| Issued capital | 100 | €440,000 | €440,000 | = | 0.0% |
| Reserves | 13 | €91,307 | €91,307 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,974 | €8,974 | = | 0.0% |
| Legal reserve | 130 | €8,974 | €8,974 | = | 0.0% |
| Distributable reserves | 133 | €82,332 | €82,332 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,363 | -€54,453 | -€25,090 | -85.4% |
| Amounts payable | 17/49 | €493,060 | €522,974 | +€29,915 | +6.1% |
| Amounts payable after more than one year | 17 | €136,779 | €125,894 | -€10,885 | -8.0% |
| Financial debts | 170/4 | €21,779 | €10,894 | -€10,885 | -50.0% |
| Other amounts payable | 178/9 | €115,000 | €115,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €356,281 | €397,080 | +€40,799 | +11.5% |
| Current portion of amounts payable after more than one year | 42 | €14,836 | €10,885 | -€3,952 | -26.6% |
| Financial debts | 43 | €2,795 | €2,795 | = | 0.0% |
| Credit institutions | 430/8 | €2,795 | €2,795 | = | 0.0% |
| Trade debts | 44 | €312,761 | €329,135 | +€16,373 | +5.2% |
| Suppliers | 440/4 | €312,761 | €329,135 | +€16,373 | +5.2% |
| Taxes, remuneration and social security | 45 | €2,465 | €15,864 | +€13,398 | +543% |
| Taxes | 450/3 | €2,465 | €15,864 | +€13,398 | +543% |
| Other amounts payable | 47/48 | €23,423 | €38,403 | +€14,980 | +64.0% |
| Non-recurring operating income | 76A | €8,265 | - | -€8,265 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,477 | €28,943 | +€4,466 | +18.2% |
| Other operating charges | 640/8 | €1,527 | €267 | -€1,260 | -82.5% |
| Gross operating margin | 9900 | -€67,702 | €6,447 | +€74,149 | |
| Operating profit (loss) | 9901 | -€93,705 | -€22,762 | +€70,943 | +75.7% |
| Financial income | 75/76B | €71,026 | €867 | -€70,159 | -98.8% |
| Recurring financial income | 75 | €71,026 | €867 | -€70,159 | -98.8% |
| Financial charges | 65/66B | €6,684 | €3,194 | -€3,489 | -52.2% |
| Recurring financial charges | 65 | €6,684 | €3,194 | -€3,489 | -52.2% |
| Profit (loss) for the period before taxes | 9903 | -€29,363 | -€25,090 | +€4,273 | +14.6% |
| Profit (loss) for the period | 9904 | -€29,363 | -€25,090 | +€4,273 | +14.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,363 | -€25,090 | +€4,273 | +14.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.