D-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.
D-INVEST
Largest movements
- Receivables within one year -€2,261
down €2,261 (-7.5%), from €30,094 to €27,833
of which Other amounts receivable: -€2,261
- Cash +€2,002
up €2,002 (+535%), from €374 to €2,376
mainly Receivables within one year (+€2,261) and Trade debts (+€1,990)
- Reserves -€2,249
down €2,249 (-21.1%), from €10,659 to €8,410
of which Distributable reserves: -€2,249
- Trade debts +€1,990
up €1,990 (+29.9%), from €6,644 to €8,634
- Gross operating margin +€265
up €265 (+21.3%), from -€1,245 to -€980
- Other operating charges +€16
up €16 (+1.4%), from €1,200 to €1,217
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 | €51,303 | €51,044 | -€260 | -0.5% |
| Current assets | 29/58 | €51,303 | €51,044 | -€260 | -0.5% |
| Stocks and contracts in progress | 3 | €20,835 | €20,835 | = | 0.0% |
| Stocks | 30/36 | €20,835 | €20,835 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €30,094 | €27,833 | -€2,261 | -7.5% |
| Trade receivables | 40 | €363 | €363 | = | 0.0% |
| Other amounts receivable | 41 | €29,731 | €27,470 | -€2,261 | -7.6% |
| Cash at bank and in hand | 54/58 | €374 | €2,376 | +€2,002 | +535% |
| Total equity and liabilities | 10/49 | €51,303 | €51,044 | -€260 | -0.5% |
| Equity | 10/15 | €30,659 | €28,410 | -€2,249 | -7.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €10,659 | €8,410 | -€2,249 | -21.1% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €8,659 | €6,410 | -€2,249 | -26.0% |
| Amounts payable | 17/49 | €20,644 | €22,634 | +€1,990 | +9.6% |
| Amounts payable within one year | 42/48 | €20,644 | €22,634 | +€1,990 | +9.6% |
| Trade debts | 44 | €6,644 | €8,634 | +€1,990 | +29.9% |
| Suppliers | 440/4 | €6,644 | €8,634 | +€1,990 | +29.9% |
| Other amounts payable | 47/48 | €14,000 | €14,000 | = | 0.0% |
| Other operating charges | 640/8 | €1,200 | €1,217 | +€16 | +1.4% |
| Gross operating margin | 9900 | -€1,245 | -€980 | +€265 | +21.3% |
| Operating profit (loss) | 9901 | -€2,445 | -€2,197 | +€249 | +10.2% |
| Financial charges | 65/66B | €48 | €53 | +€5 | +9.4% |
| Recurring financial charges | 65 | €48 | €53 | +€5 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,493 | -€2,249 | +€244 | +9.8% |
| Profit (loss) for the period | 9904 | -€2,493 | -€2,249 | +€244 | +9.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,493 | -€2,249 | +€244 | +9.8% |
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 24 October 2026 via checked.be.