AIP Invest: 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.
AIP Invest
Largest movements
- Receivables within one year +€75,426
up €75,426 (+8,722%), from €865 to €76,291
of which Other amounts receivable: +€65,506
- Tangible fixed assets -€2,814
down €2,814 (-44.2%), from €6,368 to €3,554
of which Furniture and vehicles: -€2,360
- Stocks and contracts -€1,500
no longer reported in 2025 (was €1,500)
- Profit (loss) carried forward +€43,154
up €43,154 (+1,129%), from €3,823 to €46,977
- Tax, wage and social debts +€17,538
up €17,538 (+313%), from €5,597 to €23,136
- Trade debts +€6,745
up €6,745 (+491%), from €1,373 to €8,118
- Other debts +€3,547
up €3,547 (+8,879%), from €40 to €3,587
- Gross operating margin +€45,767
up €45,767 (+514%), from €8,905 to €54,672
- Taxes +€9,684
up €9,684 (+1,013%), from €956 to €10,640
- Depreciation -€2,395
down €2,395 (-63.0%), from €3,802 to €1,407
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,833 | €81,817 | +€70,985 | +655% |
| Fixed assets | 21/28 | €7,968 | €5,154 | -€2,814 | -35.3% |
| Tangible fixed assets | 22/27 | €6,368 | €3,554 | -€2,814 | -44.2% |
| Furniture and vehicles | 24 | €4,325 | €1,965 | -€2,360 | -54.6% |
| Other tangible fixed assets | 26 | €2,043 | €1,589 | -€454 | -22.2% |
| Financial fixed assets | 28 | €1,600 | €1,600 | = | 0.0% |
| Current assets | 29/58 | €2,865 | €76,664 | +€73,799 | +2,576% |
| Stocks and contracts in progress | 3 | €1,500 | - | -€1,500 | |
| Stocks | 30/36 | €1,500 | - | -€1,500 | |
| Amounts receivable within one year | 40/41 | €865 | €76,291 | +€75,426 | +8,722% |
| Trade receivables | 40 | - | €9,920 | +€9,920 | |
| Other amounts receivable | 41 | €865 | €66,371 | +€65,506 | +7,575% |
| Cash at bank and in hand | 54/58 | €500 | €373 | -€128 | -25.5% |
| Total equity and liabilities | 10/49 | €10,833 | €81,817 | +€70,985 | +655% |
| Equity | 10/15 | €3,823 | €46,977 | +€43,154 | +1,129% |
| Profit (loss) carried forward | 14 | €3,823 | €46,977 | +€43,154 | +1,129% |
| Amounts payable | 17/49 | €7,010 | €34,841 | +€27,831 | +397% |
| Amounts payable within one year | 42/48 | €7,010 | €34,841 | +€27,831 | +397% |
| Trade debts | 44 | €1,373 | €8,118 | +€6,745 | +491% |
| Suppliers | 440/4 | €1,373 | €8,118 | +€6,745 | +491% |
| Taxes, remuneration and social security | 45 | €5,597 | €23,136 | +€17,538 | +313% |
| Taxes | 450/3 | €5,597 | €23,136 | +€17,538 | +313% |
| Other amounts payable | 47/48 | €40 | €3,587 | +€3,547 | +8,879% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,802 | €1,407 | -€2,395 | -63.0% |
| Gross operating margin | 9900 | €8,905 | €54,672 | +€45,767 | +514% |
| Operating profit (loss) | 9901 | €5,103 | €53,265 | +€48,162 | +944% |
| Financial charges | 65/66B | €324 | €65 | -€259 | -79.8% |
| Recurring financial charges | 65 | €324 | €65 | -€259 | -79.8% |
| Profit (loss) for the period before taxes | 9903 | €4,779 | €53,200 | +€48,421 | +1,013% |
| Income taxes | 67/77 | €956 | €10,640 | +€9,684 | +1,013% |
| Profit (loss) for the period | 9904 | €3,823 | €42,560 | +€38,737 | +1,013% |
| Profit (loss) for the period to be appropriated | 9905 | €3,823 | €42,560 | +€38,737 | +1,013% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.