DETA-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.
DETA-INVEST
Largest movements
- Current investments +€1.7m
new in 2025: €1.7m
- Financial fixed assets -€1.5m
down €1.5m (-100%), from €1.5m to €0
- Receivables within one year +€431,995
up €431,995 (+970%), from €44,520 to €476,515
of which Other amounts receivable: +€360,522
- Stocks and contracts +€220,720
up €220,720 (+14.7%), from €1.5m to €1.7m
- Reserves +€1.5m
up €1.5m (+2,606%), from €56,211 to €1.5m
of which Distributable reserves: +€1.5m
- Debts after one year -€504,239
down €504,239 (-54.0%), from €933,274 to €429,036
of which Other amounts payable: -€660,000
- Tax, wage and social debts +€151,757
up €151,757 (+12,354%), from €1,228 to €152,986
- Trade debts -€99,792
down €99,792 (-55.3%), from €180,327 to €80,535
- Short-term financial debts -€87,582
down €87,582 (-7.4%), from €1.2m to €1.1m
of which Other loans: -€215,000
- Financial income +€1.4m
up €1.4m (+585%), from €245,851 to €1.7m
of which Non-recurring financial income: +€1.4m
- Taxes +€146,650
up €146,650 (+186,175%), from €79 to €146,729
- Gross operating margin -€55,745
down €55,745, from €28,149 to -€27,595
- Financial charges -€4,555
down €4,555 (-11.6%), from €39,103 to €34,549
- Other operating charges +€1,430
up €1,430 (+114%), from €1,255 to €2,685
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 | €3,019,656 | €3,889,372 | +€869,716 | +28.8% |
| Fixed assets | 21/28 | €1,462,000 | €0 | -€1.5m | -100% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Financial fixed assets | 28 | €1,462,000 | €0 | -€1.5m | -100% |
| Current assets | 29/58 | €1,557,656 | €3,889,372 | +€2.3m | +150% |
| Stocks and contracts in progress | 3 | €1,496,741 | €1,717,461 | +€220,720 | +14.7% |
| Stocks | 30/36 | €1,496,741 | €1,717,461 | +€220,720 | +14.7% |
| Amounts receivable within one year | 40/41 | €44,520 | €476,515 | +€431,995 | +970% |
| Trade receivables | 40 | €2,500 | €73,972 | +€71,472 | +2,859% |
| Other amounts receivable | 41 | €42,020 | €402,542 | +€360,522 | +858% |
| Current investments | 50/53 | - | €1,670,138 | +€1.7m | |
| Cash at bank and in hand | 54/58 | €14,116 | €10,348 | -€3,768 | -26.7% |
| Deferred charges and accrued income | 490/1 | €2,280 | €14,911 | +€12,631 | +554% |
| Total equity and liabilities | 10/49 | €3,019,656 | €3,889,372 | +€869,716 | +28.8% |
| Equity | 10/15 | €656,211 | €2,120,948 | +€1.5m | +223% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Reserves | 13 | €56,211 | €1,520,948 | +€1.5m | +2,606% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €56,211 | €1,520,948 | +€1.5m | +2,606% |
| Amounts payable | 17/49 | €2,363,445 | €1,768,424 | -€595,021 | -25.2% |
| Amounts payable after more than one year | 17 | €933,274 | €429,036 | -€504,239 | -54.0% |
| Financial debts | 170/4 | - | €155,761 | +€155,761 | |
| Other amounts payable | 178/9 | €933,274 | €273,274 | -€660,000 | -70.7% |
| Amounts payable within one year | 42/48 | €1,389,039 | €1,333,521 | -€55,518 | -4.0% |
| Financial debts | 43 | €1,187,582 | €1,100,000 | -€87,582 | -7.4% |
| Credit institutions | 430/8 | €972,582 | €1,100,000 | +€127,418 | +13.1% |
| Other loans | 439 | €215,000 | €0 | -€215,000 | -100% |
| Trade debts | 44 | €180,327 | €80,535 | -€99,792 | -55.3% |
| Suppliers | 440/4 | €180,327 | €80,535 | -€99,792 | -55.3% |
| Advances received on contracts in progress | 46 | €3,025 | €0 | -€3,025 | -100% |
| Taxes, remuneration and social security | 45 | €1,228 | €152,986 | +€151,757 | +12,354% |
| Taxes | 450/3 | €1,228 | €152,986 | +€151,757 | +12,354% |
| Other amounts payable | 47/48 | €16,877 | €0 | -€16,877 | -100% |
| Accrued charges and deferred income | 492/3 | €41,132 | €5,867 | -€35,264 | -85.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113 | €0 | -€113 | -100% |
| Other operating charges | 640/8 | €1,255 | €2,685 | +€1,430 | +114% |
| Non-recurring operating charges | 66A | €245,044 | €8,927 | -€236,117 | -96.4% |
| Gross operating margin | 9900 | €28,149 | -€27,595 | -€55,745 | |
| Operating profit (loss) | 9901 | -€218,263 | -€39,207 | +€179,056 | +82.0% |
| Financial income | 75/76B | €245,851 | €1,685,222 | +€1.4m | +585% |
| Recurring financial income | 75 | €807 | €17,222 | +€16,416 | +2,035% |
| Non-recurring financial income | 76B | €245,044 | €1,668,000 | +€1.4m | +581% |
| Financial charges | 65/66B | €39,103 | €34,549 | -€4,555 | -11.6% |
| Recurring financial charges | 65 | €39,103 | €34,549 | -€4,555 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | -€11,516 | €1,611,466 | +€1.6m | |
| Income taxes | 67/77 | €79 | €146,729 | +€146,650 | +186,175% |
| Profit (loss) for the period | 9904 | -€11,595 | €1,464,737 | +€1.5m | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,595 | €1,464,737 | +€1.5m |
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 28 October 2026 via checked.be.