Management Group Intercontinental: 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.
Management Group Intercontinental
Largest movements
- Receivables within one year +€90,288
up €90,288 (+37.1%), from €243,329 to €333,616
of which Other amounts receivable: +€83,875
- Cash -€32,332
down €32,332 (-66.4%), from €48,715 to €16,383
mainly Receivables within one year (-€90,288) and Trade debts (-€8,629)
- Reserves +€55,153
up €55,153 (+24.4%), from €226,174 to €281,327
of which Distributable reserves: +€55,153
- Tax, wage and social debts +€13,483
up €13,483 (+30.2%), from €44,647 to €58,130
- Trade debts -€8,629
down €8,629 (-84.8%), from €10,180 to €1,552
- Gross operating margin +€43,439
up €43,439 (+47.6%), from €91,344 to €134,783
- Taxes +€43,159
up €43,159 (+137.4%), from €31,403 to €74,562
- Other operating charges +€1,577
up €1,577 (+299.5%), from €526 to €2,103
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.
Cash bridge derived
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 | €299,593 | €359,601 | +€60,008 | +20.0% |
| Fixed assets | 21/28 | €7,550 | €9,602 | +€2,052 | +27.2% |
| Tangible fixed assets | 22/27 | €7,450 | €9,502 | +€2,052 | +27.6% |
| Furniture and vehicles | 24 | €7,450 | €9,502 | +€2,052 | +27.6% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €292,044 | €349,999 | +€57,956 | +19.8% |
| Amounts receivable within one year | 40/41 | €243,329 | €333,616 | +€90,288 | +37.1% |
| Trade receivables | 40 | €2,057 | €8,470 | +€6,413 | +311.8% |
| Other amounts receivable | 41 | €241,272 | €325,146 | +€83,875 | +34.8% |
| Cash at bank and in hand | 54/58 | €48,715 | €16,383 | -€32,332 | -66.4% |
| Total equity and liabilities | 10/49 | €299,593 | €359,601 | +€60,008 | +20.0% |
| Equity | 10/15 | €244,766 | €299,919 | +€55,153 | +22.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €226,174 | €281,327 | +€55,153 | +24.4% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €224,315 | €279,468 | +€55,153 | +24.6% |
| Amounts payable | 17/49 | €54,827 | €59,682 | +€4,855 | +8.9% |
| Amounts payable within one year | 42/48 | €54,827 | €59,682 | +€4,855 | +8.9% |
| Trade debts | 44 | €10,180 | €1,552 | -€8,629 | -84.8% |
| Suppliers | 440/4 | €10,180 | €1,552 | -€8,629 | -84.8% |
| Taxes, remuneration and social security | 45 | €44,647 | €58,130 | +€13,483 | +30.2% |
| Taxes | 450/3 | €44,647 | €58,130 | +€13,483 | +30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,388 | €2,881 | +€493 | +20.7% |
| Other operating charges | 640/8 | €526 | €2,103 | +€1,577 | +299.5% |
| Gross operating margin | 9900 | €91,344 | €134,783 | +€43,439 | +47.6% |
| Operating profit (loss) | 9901 | €88,429 | €129,798 | +€41,369 | +46.8% |
| Financial charges | 65/66B | €110 | €83 | -€28 | -25.1% |
| Recurring financial charges | 65 | €110 | €83 | -€28 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €88,319 | €129,715 | +€41,396 | +46.9% |
| Income taxes | 67/77 | €31,403 | €74,562 | +€43,159 | +137.4% |
| Profit (loss) for the period | 9904 | €56,916 | €55,153 | -€1,763 | -3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €56,916 | €55,153 | -€1,763 | -3.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.