C-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.
C-INVEST
Largest movements
- Tangible fixed assets -€3,999
down €3,999 (-1.9%), from €207,100 to €203,101
of which Land and buildings: -€3,999
- Profit (loss) carried forward -€12,983
down €12,983 (-22.0%), from -€59,065 to -€72,047
- Other debts +€10,870
up €10,870 (+5.9%), from €184,661 to €195,531
- Debts after one year +€7,192
up €7,192 (+245%), from €2,940 to €10,132
of which Financial debts: +€7,192
- Accrued charges and deferred income -€5,939
down €5,939 (-100%), from €5,939 to €0
- Trade debts -€4,795
down €4,795 (-48.5%), from €9,876 to €5,081
- Gross operating margin +€6,701
up €6,701 (+196%), from €3,427 to €10,128
- Depreciation +€174
up €174 (+1.1%), from €15,575 to €15,750
- Financial charges +€147
up €147 (+30.2%), from €486 to €633
- Other operating charges +€142
up €142 (+2.2%), from €6,586 to €6,728
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 | €209,558 | €204,612 | -€4,946 | -2.4% |
| Fixed assets | 21/28 | €207,100 | €203,101 | -€3,999 | -1.9% |
| Tangible fixed assets | 22/27 | €207,100 | €203,101 | -€3,999 | -1.9% |
| Land and buildings | 22 | €207,100 | €203,101 | -€3,999 | -1.9% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €2,458 | €1,511 | -€947 | -38.5% |
| Amounts receivable within one year | 40/41 | - | €64 | +€64 | |
| Other amounts receivable | 41 | - | €64 | +€64 | |
| Cash at bank and in hand | 54/58 | €869 | €1,447 | +€578 | +66.6% |
| Deferred charges and accrued income | 490/1 | €1,590 | €0 | -€1,590 | -100% |
| Total equity and liabilities | 10/49 | €209,558 | €204,612 | -€4,946 | -2.4% |
| Equity | 10/15 | €4,962 | -€8,021 | -€12,983 | |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €1,527 | €1,527 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,527 | €1,527 | = | 0.0% |
| Legal reserve | 130 | €1,527 | €1,527 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,065 | -€72,047 | -€12,983 | -22.0% |
| Amounts payable | 17/49 | €204,596 | €212,633 | +€8,037 | +3.9% |
| Amounts payable after more than one year | 17 | €2,940 | €10,132 | +€7,192 | +245% |
| Financial debts | 170/4 | €0 | €7,192 | +€7,192 | |
| Other amounts payable | 178/9 | €2,940 | €2,940 | = | 0.0% |
| Amounts payable within one year | 42/48 | €195,717 | €202,501 | +€6,783 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €1,181 | €1,889 | +€708 | +60.0% |
| Trade debts | 44 | €9,876 | €5,081 | -€4,795 | -48.5% |
| Suppliers | 440/4 | €9,876 | €5,081 | -€4,795 | -48.5% |
| Other amounts payable | 47/48 | €184,661 | €195,531 | +€10,870 | +5.9% |
| Accrued charges and deferred income | 492/3 | €5,939 | €0 | -€5,939 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,575 | €15,750 | +€174 | +1.1% |
| Other operating charges | 640/8 | €6,586 | €6,728 | +€142 | +2.2% |
| Gross operating margin | 9900 | €3,427 | €10,128 | +€6,701 | +196% |
| Operating profit (loss) | 9901 | -€18,735 | -€12,350 | +€6,385 | +34.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €486 | €633 | +€147 | +30.2% |
| Recurring financial charges | 65 | €486 | €633 | +€147 | +30.2% |
| Profit (loss) for the period before taxes | 9903 | -€19,221 | -€12,983 | +€6,238 | +32.5% |
| Profit (loss) for the period | 9904 | -€19,221 | -€12,983 | +€6,238 | +32.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,221 | -€12,983 | +€6,238 | +32.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.