COMPUTER 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.
What changed
COMPUTER INVEST
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€5,315
2024 · -€6,714+€1,399
Equity
€1.0m
2024 · €1.0m-€5,315
Cash
€43,479
2024 · €106,408-€62,929
Balance sheet total
€2.5m
2024 · €2.3m+€152,683
Largest movements
Assets
- Tangible fixed assets +€235,493
up €235,493 (+10.8%), from €2.2m to €2.4m
of which Land and buildings: +€236,818
- Cash -€62,929
down €62,929 (-59.1%), from €106,408 to €43,479
mainly Investment in fixed assets (net) (-€347,543) and Net result for the year (-€5,315)
Equity and liabilities
- Debts after one year +€150,922
up €150,922 (+12.7%), from €1.2m to €1.3m
of which Financial debts: +€336,108
Income statement
- Depreciation +€11,123
up €11,123 (+11.0%), from €100,927 to €112,050
- Gross operating margin +€10,984
up €10,984 (+6.5%), from €168,830 to €179,814
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.
Result 2024
-€6,714
Gross operating margin
+€10,984
Depreciation
-€11,123
Other operating charges
-€607
Financial income
+€1,492
Financial charges
+€479
Taxes
+€173
Result 2025
-€5,315
raises the resultlowers the result
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.
From operations
+€133,692
Investment
-€347,543
Financing
+€150,922
Cash 2024
€106,408
From operations (derived)
+€133,692
Net result for the year
-€5,315
Depreciation
+€112,050
Receivables within one year
+€19,954
Deferred charges and accrued income
-€74
Provisions
-€2,385
Trade debts
+€1,702
Tax, wage and social debts
+€3,662
Other debts
+€3,072
Accrued charges and deferred income
+€1,024
Investment (derived)
-€347,543
Investment in fixed assets (net)
-€347,543
Financing
+€150,922
Debts after one year
+€150,922
Cash 2025
€43,479
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,312,280 | €2,464,963 | +€152,683 | +6.6% |
| Fixed assets | 21/28 | €2,178,442 | €2,413,934 | +€235,493 | +10.8% |
| Tangible fixed assets | 22/27 | €2,178,442 | €2,413,934 | +€235,493 | +10.8% |
| Land and buildings | 22 | €2,168,939 | €2,405,756 | +€236,818 | +10.9% |
| Plant, machinery and equipment | 23 | €9,503 | €8,178 | -€1,325 | -13.9% |
| Current assets | 29/58 | €133,839 | €51,029 | -€82,810 | -61.9% |
| Amounts receivable within one year | 40/41 | €23,935 | €3,981 | -€19,954 | -83.4% |
| Trade receivables | 40 | €19,435 | €3,981 | -€15,454 | -79.5% |
| Other amounts receivable | 41 | €4,500 | €0 | -€4,500 | -100% |
| Cash at bank and in hand | 54/58 | €106,408 | €43,479 | -€62,929 | -59.1% |
| Deferred charges and accrued income | 490/1 | €3,495 | €3,569 | +€74 | +2.1% |
| Total equity and liabilities | 10/49 | €2,312,280 | €2,464,963 | +€152,683 | +6.6% |
| Equity | 10/15 | €1,037,454 | €1,032,139 | -€5,315 | -0.5% |
| Contributions | 10/11 | €502,000 | €502,000 | = | 0.0% |
| Capital | 10 | €502,000 | €502,000 | = | 0.0% |
| Issued capital | 100 | €502,000 | €502,000 | = | 0.0% |
| Reserves | 13 | €535,454 | €530,139 | -€5,315 | -1.0% |
| Non-distributable reserves | 130/1 | €21,241 | €23,082 | +€1,840 | +8.7% |
| Legal reserve | 130 | €21,241 | €23,082 | +€1,840 | +8.7% |
| Tax-exempt reserves | 132 | €87,785 | €80,630 | -€7,156 | -8.2% |
| Distributable reserves | 133 | €426,428 | €426,428 | = | 0.0% |
| Provisions and deferred taxes | 16 | €29,262 | €26,877 | -€2,385 | -8.2% |
| Deferred taxes | 168 | €29,262 | €26,877 | -€2,385 | -8.2% |
| Amounts payable | 17/49 | €1,245,565 | €1,405,948 | +€160,383 | +12.9% |
| Amounts payable after more than one year | 17 | €1,190,063 | €1,340,985 | +€150,922 | +12.7% |
| Financial debts | 170/4 | €450,063 | €786,171 | +€336,108 | +74.7% |
| Other amounts payable | 178/9 | €740,000 | €554,814 | -€185,186 | -25.0% |
| Amounts payable within one year | 42/48 | €50,762 | €59,198 | +€8,437 | +16.6% |
| Current portion of amounts payable after more than one year | 42 | €18,667 | €18,667 | = | 0.0% |
| Trade debts | 44 | €10,809 | €12,511 | +€1,702 | +15.7% |
| Suppliers | 440/4 | €10,809 | €12,511 | +€1,702 | +15.7% |
| Taxes, remuneration and social security | 45 | €124 | €3,786 | +€3,662 | +2,965% |
| Taxes | 450/3 | €124 | €3,786 | +€3,662 | +2,965% |
| Other amounts payable | 47/48 | €21,163 | €24,234 | +€3,072 | +14.5% |
| Accrued charges and deferred income | 492/3 | €4,740 | €5,764 | +€1,024 | +21.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,927 | €112,050 | +€11,123 | +11.0% |
| Other operating charges | 640/8 | €21,876 | €22,483 | +€607 | +2.8% |
| Gross operating margin | 9900 | €168,830 | €179,814 | +€10,984 | +6.5% |
| Operating profit (loss) | 9901 | €46,027 | €45,281 | -€746 | -1.6% |
| Financial income | 75/76B | - | €1,492 | +€1,492 | |
| Recurring financial income | 75 | - | €1,492 | +€1,492 | |
| Financial charges | 65/66B | €54,614 | €54,135 | -€479 | -0.9% |
| Recurring financial charges | 65 | €54,614 | €54,135 | -€479 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | -€8,588 | -€7,362 | +€1,226 | +14.3% |
| Transfer from deferred taxes | 780 | €2,385 | €2,385 | = | 0.0% |
| Income taxes | 67/77 | €512 | €338 | -€173 | -33.9% |
| Profit (loss) for the period | 9904 | -€6,714 | -€5,315 | +€1,399 | +20.8% |
| Transfer from tax-exempt reserves | 789 | €7,156 | €7,156 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €441 | €1,840 | +€1,399 | +317% |
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 15 October 2026 via checked.be.