Intercool: 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.
Intercool
Largest movements
- Receivables within one year +€132,063
up €132,063 (+48.2%), from €274,231 to €406,294
of which Trade receivables: +€126,360
- Reserves +€138,431
up €138,431 (+22.1%), from €626,236 to €764,667
of which Distributable reserves: +€138,431
- Tax, wage and social debts -€21,413
down €21,413 (-8.6%), from €249,150 to €227,737
of which Taxes: -€101,992
- Gross operating margin +€144,758
up €144,758 (+12.7%), from €1.1m to €1.3m
- Staff costs +€119,126
up €119,126 (+12.6%), from €946,163 to €1.1m
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 | €946,704 | €1,073,496 | +€126,792 | +13.4% |
| Fixed assets | 21/28 | €19,285 | €17,951 | -€1,333 | -6.9% |
| Tangible fixed assets | 22/27 | €16,285 | €14,451 | -€1,833 | -11.3% |
| Furniture and vehicles | 24 | €16,285 | €14,451 | -€1,833 | -11.3% |
| Financial fixed assets | 28 | €3,000 | €3,500 | +€500 | +16.7% |
| Current assets | 29/58 | €927,420 | €1,055,544 | +€128,125 | +13.8% |
| Amounts receivable within one year | 40/41 | €274,231 | €406,294 | +€132,063 | +48.2% |
| Trade receivables | 40 | €265,149 | €391,508 | +€126,360 | +47.7% |
| Other amounts receivable | 41 | €9,082 | €14,786 | +€5,703 | +62.8% |
| Cash at bank and in hand | 54/58 | €653,188 | €649,250 | -€3,938 | -0.6% |
| Total equity and liabilities | 10/49 | €946,704 | €1,073,496 | +€126,792 | +13.4% |
| Equity | 10/15 | €687,736 | €826,167 | +€138,431 | +20.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €626,236 | €764,667 | +€138,431 | +22.1% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €620,086 | €758,517 | +€138,431 | +22.3% |
| Amounts payable | 17/49 | €258,968 | €247,329 | -€11,639 | -4.5% |
| Amounts payable within one year | 42/48 | €258,968 | €247,329 | -€11,639 | -4.5% |
| Trade debts | 44 | €9,818 | €19,592 | +€9,774 | +99.6% |
| Suppliers | 440/4 | €9,818 | €19,592 | +€9,774 | +99.6% |
| Taxes, remuneration and social security | 45 | €249,150 | €227,737 | -€21,413 | -8.6% |
| Taxes | 450/3 | €160,917 | €58,925 | -€101,992 | -63.4% |
| Remuneration and social security | 454/9 | €88,233 | €168,812 | +€80,579 | +91.3% |
| Remuneration, social security and pensions | 62 | €946,163 | €1,065,289 | +€119,126 | +12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,324 | €5,900 | -€424 | -6.7% |
| Other operating charges | 640/8 | €118 | €389 | +€271 | +230% |
| Gross operating margin | 9900 | €1,136,939 | €1,281,697 | +€144,758 | +12.7% |
| Operating profit (loss) | 9901 | €184,334 | €210,119 | +€25,785 | +14.0% |
| Financial income | 75/76B | €0 | €60 | +€60 | +199,800% |
| Recurring financial income | 75 | €0 | €60 | +€60 | +199,800% |
| Financial charges | 65/66B | €10,367 | €12,744 | +€2,377 | +22.9% |
| Recurring financial charges | 65 | €10,367 | €12,744 | +€2,377 | +22.9% |
| Profit (loss) for the period before taxes | 9903 | €173,967 | €197,436 | +€23,468 | +13.5% |
| Income taxes | 67/77 | €57,412 | €59,005 | +€1,593 | +2.8% |
| Profit (loss) for the period | 9904 | €116,555 | €138,431 | +€21,876 | +18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €116,555 | €138,431 | +€21,876 | +18.8% |
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 26 October 2026 via checked.be.