W. 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.
W. INTERCONTINENTAL
Largest movements
- Stocks and contracts +€778,331
up €778,331 (+128%), from €607,473 to €1.4m
- Cash +€54,536
up €54,536 (+7.2%), from €754,620 to €809,156
mainly Other debts (+€1.5m) and Receivables within one year (+€42,345)
- Receivables within one year -€42,345
down €42,345 (-70.5%), from €60,032 to €17,687
of which Other amounts receivable: -€27,891
- Other debts +€1.5m
up €1.5m (+750%), from €194,901 to €1.7m
- Reserves -€632,947
down €632,947 (-32.8%), from €1.9m to €1.3m
of which Distributable reserves: -€632,947
- Gross operating margin -€542,714
down €542,714 (-1,359%), from -€39,941 to -€582,656
- Financial income -€204,932
down €204,932 (-82.6%), from €248,167 to €43,235
- Financial charges +€70,010
up €70,010 (+2,198%), from €3,185 to €73,195
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 | €2,614,204 | €3,447,153 | +€832,949 | +31.9% |
| Fixed assets | 21/28 | €397,413 | €416,911 | +€19,498 | +4.9% |
| Tangible fixed assets | 22/27 | €388,175 | €402,673 | +€14,498 | +3.7% |
| Land and buildings | 22 | €386,502 | €386,502 | = | 0.0% |
| Plant, machinery and equipment | 23 | €45 | - | -€45 | |
| Furniture and vehicles | 24 | €1,628 | €16,171 | +€14,542 | +893% |
| Financial fixed assets | 28 | €9,238 | €14,238 | +€5,000 | +54.1% |
| Current assets | 29/58 | €2,216,791 | €3,030,242 | +€813,452 | +36.7% |
| Amounts receivable after more than one year | 29 | €794,105 | €817,595 | +€23,490 | +3.0% |
| Other amounts receivable | 291 | €794,105 | €817,595 | +€23,490 | +3.0% |
| Stocks and contracts in progress | 3 | €607,473 | €1,385,804 | +€778,331 | +128% |
| Stocks | 30/36 | €607,473 | €1,385,804 | +€778,331 | +128% |
| Amounts receivable within one year | 40/41 | €60,032 | €17,687 | -€42,345 | -70.5% |
| Trade receivables | 40 | €25,800 | €11,346 | -€14,454 | -56.0% |
| Other amounts receivable | 41 | €34,233 | €6,342 | -€27,891 | -81.5% |
| Cash at bank and in hand | 54/58 | €754,620 | €809,156 | +€54,536 | +7.2% |
| Deferred charges and accrued income | 490/1 | €560 | - | -€560 | |
| Total equity and liabilities | 10/49 | €2,614,204 | €3,447,153 | +€832,949 | +31.9% |
| Equity | 10/15 | €2,344,484 | €1,711,537 | -€632,947 | -27.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €353,755 | €353,755 | = | 0.0% |
| Reserves | 13 | €1,928,729 | €1,295,782 | -€632,947 | -32.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €1,922,529 | €1,289,582 | -€632,947 | -32.9% |
| Amounts payable | 17/49 | €269,720 | €1,735,616 | +€1.5m | +543% |
| Amounts payable within one year | 42/48 | €269,720 | €1,735,616 | +€1.5m | +543% |
| Trade debts | 44 | €52,765 | €56,947 | +€4,182 | +7.9% |
| Suppliers | 440/4 | €52,765 | €56,947 | +€4,182 | +7.9% |
| Taxes, remuneration and social security | 45 | €22,054 | €21,982 | -€72 | -0.3% |
| Taxes | 450/3 | €19,220 | €21,982 | +€2,762 | +14.4% |
| Remuneration and social security | 454/9 | €2,833 | - | -€2,833 | |
| Other amounts payable | 47/48 | €194,901 | €1,656,686 | +€1.5m | +750% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,574 | €2,502 | +€928 | +58.9% |
| Other operating charges | 640/8 | €6,394 | €6,740 | +€347 | +5.4% |
| Gross operating margin | 9900 | -€39,941 | -€582,656 | -€542,714 | -1,359% |
| Operating profit (loss) | 9901 | -€47,909 | -€591,898 | -€543,989 | -1,135% |
| Financial income | 75/76B | €248,167 | €43,235 | -€204,932 | -82.6% |
| Recurring financial income | 75 | €248,167 | €43,235 | -€204,932 | -82.6% |
| Financial charges | 65/66B | €3,185 | €73,195 | +€70,010 | +2,198% |
| Recurring financial charges | 65 | €3,185 | €73,195 | +€70,010 | +2,198% |
| Profit (loss) for the period before taxes | 9903 | €197,073 | -€621,857 | -€818,930 | |
| Income taxes | 67/77 | €10,893 | €11,089 | +€196 | +1.8% |
| Profit (loss) for the period | 9904 | €186,180 | -€632,947 | -€819,127 | |
| Profit (loss) for the period to be appropriated | 9905 | €186,180 | -€632,947 | -€819,127 |
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 16 October 2026 via checked.be.