Intersticker: 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.
Intersticker
Largest movements
- Cash +€103,976
up €103,976 (+1,413%), from €7,357 to €111,333
mainly Current portion of long-term debt (+€150,000) and Other debts (+€61,174)
- Receivables within one year -€55,745
down €55,745 (-21.3%), from €262,157 to €206,412
of which Trade receivables: -€55,164
- Stocks and contracts +€17,822
up €17,822 (+12.4%), from €143,365 to €161,187
- Trade debts -€151,925
down €151,925 (-47.6%), from €318,861 to €166,936
- Current portion of long-term debt +€150,000
new in 2025: €150,000
- Other debts +€61,174
new in 2025: €61,174
- Tax, wage and social debts +€6,300
up €6,300 (+17.1%), from €36,799 to €43,098
of which Remuneration and social security: +€12,118
- Staff costs +€138,962
up €138,962 (+58.7%), from €236,850 to €375,812
- Gross operating margin +€50,953
up €50,953 (+15.9%), from €320,853 to €371,806
- Taxes -€21,280
down €21,280 (-85.8%), from €24,804 to €3,524
- Financial income +€10,964
up €10,964 (+3,363%), from €326 to €11,290
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 | €414,341 | €480,428 | +€66,087 | +15.9% |
| Formation expenses | 20 | €306 | - | -€306 | |
| Fixed assets | 21/28 | €655 | €1,496 | +€841 | +128% |
| Tangible fixed assets | 22/27 | €655 | €1,496 | +€841 | +128% |
| Plant, machinery and equipment | 23 | €655 | €504 | -€151 | -23.1% |
| Furniture and vehicles | 24 | - | €992 | +€992 | |
| Current assets | 29/58 | €413,380 | €478,931 | +€65,551 | +15.9% |
| Stocks and contracts in progress | 3 | €143,365 | €161,187 | +€17,822 | +12.4% |
| Stocks | 30/36 | €143,365 | €161,187 | +€17,822 | +12.4% |
| Amounts receivable within one year | 40/41 | €262,157 | €206,412 | -€55,745 | -21.3% |
| Trade receivables | 40 | €228,927 | €173,763 | -€55,164 | -24.1% |
| Other amounts receivable | 41 | €33,230 | €32,649 | -€581 | -1.7% |
| Cash at bank and in hand | 54/58 | €7,357 | €111,333 | +€103,976 | +1,413% |
| Deferred charges and accrued income | 490/1 | €501 | - | -€501 | |
| Total equity and liabilities | 10/49 | €414,341 | €480,428 | +€66,087 | +15.9% |
| Equity | 10/15 | €58,682 | €59,026 | +€345 | +0.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €57,682 | €58,026 | +€345 | +0.6% |
| Distributable reserves | 133 | €57,682 | €58,026 | +€345 | +0.6% |
| Amounts payable | 17/49 | €355,660 | €421,401 | +€65,742 | +18.5% |
| Amounts payable within one year | 42/48 | €355,660 | €421,208 | +€65,548 | +18.4% |
| Current portion of amounts payable after more than one year | 42 | - | €150,000 | +€150,000 | |
| Trade debts | 44 | €318,861 | €166,936 | -€151,925 | -47.6% |
| Suppliers | 440/4 | €318,861 | €166,936 | -€151,925 | -47.6% |
| Taxes, remuneration and social security | 45 | €36,799 | €43,098 | +€6,300 | +17.1% |
| Taxes | 450/3 | €19,540 | €13,722 | -€5,818 | -29.8% |
| Remuneration and social security | 454/9 | €17,259 | €29,376 | +€12,118 | +70.2% |
| Other amounts payable | 47/48 | - | €61,174 | +€61,174 | |
| Accrued charges and deferred income | 492/3 | - | €194 | +€194 | |
| Remuneration, social security and pensions | 62 | €236,850 | €375,812 | +€138,962 | +58.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €920 | €935 | +€15 | +1.6% |
| Other operating charges | 640/8 | €882 | €1,165 | +€282 | +32.0% |
| Gross operating margin | 9900 | €320,853 | €371,806 | +€50,953 | +15.9% |
| Operating profit (loss) | 9901 | €82,201 | -€6,106 | -€88,307 | |
| Financial income | 75/76B | €326 | €11,290 | +€10,964 | +3,363% |
| Recurring financial income | 75 | €326 | €11,290 | +€10,964 | +3,363% |
| Financial charges | 65/66B | €42 | €1,314 | +€1,273 | +3,059% |
| Recurring financial charges | 65 | €42 | €1,314 | +€1,273 | +3,059% |
| Profit (loss) for the period before taxes | 9903 | €82,485 | €3,869 | -€78,616 | -95.3% |
| Income taxes | 67/77 | €24,804 | €3,524 | -€21,280 | -85.8% |
| Profit (loss) for the period | 9904 | €57,682 | €345 | -€57,337 | -99.4% |
| Profit (loss) for the period to be appropriated | 9905 | €57,682 | €345 | -€57,337 | -99.4% |
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 21 October 2026 via checked.be.