COMM. VA INVIE: 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.
COMM. VA INVIE
Largest movements
- Cash +€376,242
up €376,242 (+487%), from €77,270 to €453,512
mainly Current investments (+€300,000) and Depreciation (+€47,908)
- Current investments -€300,000
down €300,000 (-100%), from €300,000 to €0
- Tangible fixed assets -€47,908
down €47,908 (-35.4%), from €135,230 to €87,322
of which Plant, machinery and equipment: -€24,283
- Receivables within one year -€10,229
down €10,229 (-96.3%), from €10,624 to €394
of which Other amounts receivable: -€9,155
- Profit (loss) carried forward +€10,448
up €10,448 (+21.3%), from -€49,065 to -€38,617
- Gross operating margin +€42,628
up €42,628 (+147%), from €28,986 to €71,613
- Provisions -€40,000
down €40,000 (-100%), from €40,000 to €0
- Depreciation +€15,830
up €15,830 (+49.3%), from €32,078 to €47,908
- Financial charges +€3,508
up €3,508 (+1,912%), from €183 to €3,692
- Financial income -€3,041
down €3,041 (-49.9%), from €6,095 to €3,054
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 | €523,498 | €541,628 | +€18,130 | +3.5% |
| Fixed assets | 21/28 | €135,230 | €87,322 | -€47,908 | -35.4% |
| Tangible fixed assets | 22/27 | €135,230 | €87,322 | -€47,908 | -35.4% |
| Land and buildings | 22 | €66,125 | €42,500 | -€23,625 | -35.7% |
| Plant, machinery and equipment | 23 | €69,105 | €44,822 | -€24,283 | -35.1% |
| Current assets | 29/58 | €388,268 | €454,306 | +€66,038 | +17.0% |
| Amounts receivable within one year | 40/41 | €10,624 | €394 | -€10,229 | -96.3% |
| Trade receivables | 40 | €1,074 | €0 | -€1,074 | -100% |
| Other amounts receivable | 41 | €9,550 | €394 | -€9,155 | -95.9% |
| Current investments | 50/53 | €300,000 | €0 | -€300,000 | -100% |
| Cash at bank and in hand | 54/58 | €77,270 | €453,512 | +€376,242 | +487% |
| Deferred charges and accrued income | 490/1 | €374 | €400 | +€26 | +6.9% |
| Total equity and liabilities | 10/49 | €523,498 | €541,628 | +€18,130 | +3.5% |
| Equity | 10/15 | €325,260 | €335,708 | +€10,448 | +3.2% |
| Contributions | 10/11 | €325,000 | €325,000 | = | 0.0% |
| Capital | 10 | €325,000 | €325,000 | = | 0.0% |
| Issued capital | 100 | €325,000 | €325,000 | = | 0.0% |
| Reserves | 13 | €49,325 | €49,325 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,466 | €2,466 | = | 0.0% |
| Legal reserve | 130 | €2,466 | €2,466 | = | 0.0% |
| Distributable reserves | 133 | €46,859 | €46,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,065 | -€38,617 | +€10,448 | +21.3% |
| Provisions and deferred taxes | 16 | €40,000 | €40,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €40,000 | €40,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €20,000 | €20,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable | 17/49 | €158,238 | €165,921 | +€7,683 | +4.9% |
| Amounts payable within one year | 42/48 | €103,014 | €107,429 | +€4,415 | +4.3% |
| Trade debts | 44 | €29,627 | €32,327 | +€2,700 | +9.1% |
| Suppliers | 440/4 | €29,627 | €32,327 | +€2,700 | +9.1% |
| Other amounts payable | 47/48 | €73,387 | €75,102 | +€1,715 | +2.3% |
| Accrued charges and deferred income | 492/3 | €55,224 | €58,492 | +€3,267 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,078 | €47,908 | +€15,830 | +49.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €40,000 | €0 | -€40,000 | -100% |
| Other operating charges | 640/8 | €11,884 | €12,111 | +€227 | +1.9% |
| Gross operating margin | 9900 | €28,986 | €71,613 | +€42,628 | +147% |
| Operating profit (loss) | 9901 | -€54,977 | €11,595 | +€66,571 | |
| Financial income | 75/76B | €6,095 | €3,054 | -€3,041 | -49.9% |
| Recurring financial income | 75 | €6,095 | €3,054 | -€3,041 | -49.9% |
| Financial charges | 65/66B | €183 | €3,692 | +€3,508 | +1,912% |
| Recurring financial charges | 65 | €183 | €3,692 | +€3,508 | +1,912% |
| Profit (loss) for the period before taxes | 9903 | -€49,065 | €10,957 | +€60,022 | |
| Income taxes | 67/77 | €0 | €510 | +€510 | |
| Profit (loss) for the period | 9904 | -€49,065 | €10,448 | +€59,512 | |
| Profit (loss) for the period to be appropriated | 9905 | -€49,065 | €10,448 | +€59,512 |
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 20 October 2026 via checked.be.