INTERSERVICE: what changed
What changed
INTERSERVICE
filed annual accounts (NBB)
Net result for the year
-€32,519
2024 · -€48,330+€15,811
Equity
€419,139
2024 · €451,658-€32,519
Cash
€86,327
2024 · €200,662-€114,335
Balance sheet total
€880,640
2024 · €930,473-€49,833
Largest movements
Assets
- Cash -€114,335
down €114,335 (-57.0%), from €200,662 to €86,327
mainly Current investments (-€100,000) and Net result for the year (-€32,519)
- Current investments +€100,000
up €100,000 (+123%), from €81,013 to €181,013
- Tangible fixed assets -€35,351
down €35,351 (-5.5%), from €647,661 to €612,310
of which Land and buildings: -€33,740
Equity and liabilities
- Reserves -€32,519
down €32,519 (-8.3%), from €389,658 to €357,139
of which Distributable reserves: -€23,207
Income statement
- Gross operating margin +€14,893
up €14,893, from -€13,210 to €1,683
- Financial income +€2,248
up €2,248 (+214%), from €1,049 to €3,296
- Other operating charges +€864
up €864 (+20.8%), from €4,151 to €5,016
- Depreciation +€508
up €508 (+1.5%), from €34,843 to €35,351
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€48,330
Gross operating margin
+€14,893
Depreciation
-€508
Other operating charges
-€864
Financial income
+€2,248
Financial charges
+€42
Result 2025
-€32,519
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€14,095
Investment
-€100,000
Financing
-€240
Cash 2024
€200,662
From operations (derived)
-€14,095
Net result for the year
-€32,519
Depreciation
+€35,351
Smaller working-capital items
+€148
Provisions
-€3,104
Trade debts
-€358
Other debts
-€7,502
Accrued charges and deferred income
-€6,110
Investment (derived)
-€100,000
Current investments
-€100,000
Financing
-€240
Debts after one year
-€240
Cash 2025
€86,327
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €930,473 | €880,640 | -€49,833 | -5.4% |
| Fixed assets | 21/28 | €647,661 | €612,310 | -€35,351 | -5.5% |
| Tangible fixed assets | 22/27 | €647,661 | €612,310 | -€35,351 | -5.5% |
| Land and buildings | 22 | €642,330 | €608,590 | -€33,740 | -5.3% |
| Plant, machinery and equipment | 23 | €2,546 | €1,931 | -€615 | -24.2% |
| Furniture and vehicles | 24 | €2,786 | €1,790 | -€996 | -35.8% |
| Current assets | 29/58 | €282,812 | €268,330 | -€14,483 | -5.1% |
| Amounts receivable within one year | 40/41 | €972 | €989 | +€17 | +1.7% |
| Trade receivables | 40 | €972 | - | -€972 | |
| Other amounts receivable | 41 | - | €989 | +€989 | |
| Current investments | 50/53 | €81,013 | €181,013 | +€100,000 | +123% |
| Cash at bank and in hand | 54/58 | €200,662 | €86,327 | -€114,335 | -57.0% |
| Deferred charges and accrued income | 490/1 | €165 | - | -€165 | |
| Total equity and liabilities | 10/49 | €930,473 | €880,640 | -€49,833 | -5.4% |
| Equity | 10/15 | €451,658 | €419,139 | -€32,519 | -7.2% |
| 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% |
| Reserves | 13 | €389,658 | €357,139 | -€32,519 | -8.3% |
| Non-distributable reserves | 130/1 | €20,050 | €20,050 | = | 0.0% |
| Legal reserve | 130 | €20,050 | €20,050 | = | 0.0% |
| Tax-exempt reserves | 132 | €198,177 | €188,865 | -€9,312 | -4.7% |
| Distributable reserves | 133 | €171,430 | €148,223 | -€23,207 | -13.5% |
| Provisions and deferred taxes | 16 | €66,059 | €62,955 | -€3,104 | -4.7% |
| Deferred taxes | 168 | €66,059 | €62,955 | -€3,104 | -4.7% |
| Amounts payable | 17/49 | €412,757 | €398,546 | -€14,210 | -3.4% |
| Amounts payable after more than one year | 17 | €360 | €120 | -€240 | -66.7% |
| Other amounts payable | 178/9 | €360 | €120 | -€240 | -66.7% |
| Amounts payable within one year | 42/48 | €404,846 | €396,986 | -€7,860 | -1.9% |
| Trade debts | 44 | €2,720 | €2,362 | -€358 | -13.2% |
| Suppliers | 440/4 | €2,720 | €2,362 | -€358 | -13.2% |
| Other amounts payable | 47/48 | €402,127 | €394,625 | -€7,502 | -1.9% |
| Accrued charges and deferred income | 492/3 | €7,550 | €1,440 | -€6,110 | -80.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,843 | €35,351 | +€508 | +1.5% |
| Other operating charges | 640/8 | €4,151 | €5,016 | +€864 | +20.8% |
| Gross operating margin | 9900 | -€13,210 | €1,683 | +€14,893 | |
| Operating profit (loss) | 9901 | -€52,205 | -€38,683 | +€13,522 | +25.9% |
| Financial income | 75/76B | €1,049 | €3,296 | +€2,248 | +214% |
| Recurring financial income | 75 | €1,049 | €3,296 | +€2,248 | +214% |
| Financial charges | 65/66B | €278 | €236 | -€42 | -14.9% |
| Recurring financial charges | 65 | €278 | €236 | -€42 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | -€51,434 | -€35,623 | +€15,811 | +30.7% |
| Transfer from deferred taxes | 780 | €3,104 | €3,104 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€48,330 | -€32,519 | +€15,811 | +32.7% |
| Transfer from tax-exempt reserves | 789 | €9,312 | €9,312 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,018 | -€23,207 | +€15,811 | +40.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.