Circle 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.
Circle Invest
Largest movements
- Cash -€588
down €588 (-3.4%), from €17,461 to €16,872
mainly Net result for the year (-€988)
- Profit (loss) carried forward -€988
down €988 (-7.9%), from -€12,539 to -€13,527
- Trade debts +€400
new in 2025: €400
- Gross operating margin -€33,759
down €33,759, from €33,396 to -€364
- Financial charges -€4,275
down €4,275 (-97.6%), from €4,379 to €104
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 | €17,461 | €16,872 | -€588 | -3.4% |
| Current assets | 29/58 | €17,461 | €16,872 | -€588 | -3.4% |
| Cash at bank and in hand | 54/58 | €17,461 | €16,872 | -€588 | -3.4% |
| Total equity and liabilities | 10/49 | €17,461 | €16,872 | -€588 | -3.4% |
| Equity | 10/15 | €17,461 | €16,473 | -€988 | -5.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,539 | -€13,527 | -€988 | -7.9% |
| Amounts payable | 17/49 | - | €400 | +€400 | |
| Amounts payable within one year | 42/48 | - | €400 | +€400 | |
| Trade debts | 44 | - | €400 | +€400 | |
| Suppliers | 440/4 | - | €400 | +€400 | |
| Non-recurring operating income | 76A | €35,022 | €0 | -€35,022 | -100% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €33,396 | -€364 | -€33,759 | |
| Operating profit (loss) | 9901 | €32,890 | -€883 | -€33,774 | |
| Financial charges | 65/66B | €4,379 | €104 | -€4,275 | -97.6% |
| Recurring financial charges | 65 | €4,379 | €104 | -€4,275 | -97.6% |
| Profit (loss) for the period before taxes | 9903 | €28,511 | -€988 | -€29,499 | |
| Profit (loss) for the period | 9904 | €28,511 | -€988 | -€29,499 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,511 | -€988 | -€29,499 |
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 30 October 2026 via checked.be.