DF INVEST: what changed
DF INVEST
Largest movements
- Current investments +€501,650
up €501,650 (+772%), from €65,000 to €566,650
- Cash +€143,226
up €143,226 (+1,169%), from €12,254 to €155,480
mainly Net result for the year (+€594,410) and Tax, wage and social debts (+€60,841)
- Profit (loss) carried forward +€510,315
up €510,315, from -€510,310 to €5
- Reserves +€84,095
up €84,095 (+5.9%), from €1.4m to €1.5m
of which Distributable reserves: +€84,095
- Tax, wage and social debts +€60,841
new in 2025: €60,841
- Financial income +€652,094
up €652,094 (+14,613%), from €4,463 to €656,557
- Taxes +€60,841
new in 2025: €60,841
- Other operating charges -€52
down €52 (-4.5%), from €1,138 to €1,086
- Financial charges +€3
up €3 (+8.9%), from €28 to €31
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,426,839 | €3,081,122 | +€654,283 | +27.0% |
| Fixed assets | 21/28 | €2,179,063 | €2,179,063 | = | 0.0% |
| Financial fixed assets | 28 | €2,179,063 | €2,179,063 | = | 0.0% |
| Current assets | 29/58 | €247,776 | €902,059 | +€654,283 | +264% |
| Amounts receivable after more than one year | 29 | €160,000 | €164,500 | +€4,500 | +2.8% |
| Other amounts receivable | 291 | €160,000 | €164,500 | +€4,500 | +2.8% |
| Amounts receivable within one year | 40/41 | €774 | €774 | = | 0.0% |
| Other amounts receivable | 41 | €774 | €774 | = | 0.0% |
| Current investments | 50/53 | €65,000 | €566,650 | +€501,650 | +772% |
| Cash at bank and in hand | 54/58 | €12,254 | €155,480 | +€143,226 | +1,169% |
| Deferred charges and accrued income | 490/1 | €9,748 | €14,654 | +€4,906 | +50.3% |
| Total equity and liabilities | 10/49 | €2,426,839 | €3,081,122 | +€654,283 | +27.0% |
| Equity | 10/15 | €2,385,080 | €2,979,490 | +€594,410 | +24.9% |
| Contributions | 10/11 | €1,459,340 | €1,459,340 | = | 0.0% |
| Reserves | 13 | €1,436,050 | €1,520,145 | +€84,095 | +5.9% |
| Non-distributable reserves | 130/1 | €91,600 | €91,600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €91,600 | €91,600 | = | 0.0% |
| Distributable reserves | 133 | €1,344,450 | €1,428,545 | +€84,095 | +6.3% |
| Profit (loss) carried forward | 14 | -€510,310 | €5 | +€510,315 | |
| Amounts payable | 17/49 | €41,759 | €101,632 | +€59,873 | +143% |
| Amounts payable within one year | 42/48 | €41,759 | €101,632 | +€59,873 | +143% |
| Trade debts | 44 | €968 | - | -€968 | |
| Suppliers | 440/4 | €968 | - | -€968 | |
| Taxes, remuneration and social security | 45 | - | €60,841 | +€60,841 | |
| Taxes | 450/3 | - | €60,841 | +€60,841 | |
| Other amounts payable | 47/48 | €40,791 | €40,791 | = | 0.0% |
| Other operating charges | 640/8 | €1,138 | €1,086 | -€52 | -4.5% |
| Gross operating margin | 9900 | -€190 | -€190 | +€0 | +0.1% |
| Operating profit (loss) | 9901 | -€1,328 | -€1,276 | +€52 | +3.9% |
| Financial income | 75/76B | €4,463 | €656,557 | +€652,094 | +14,613% |
| Recurring financial income | 75 | €4,463 | €656,557 | +€652,094 | +14,613% |
| Financial charges | 65/66B | €28 | €31 | +€3 | +8.9% |
| Recurring financial charges | 65 | €28 | €31 | +€3 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | €3,107 | €655,250 | +€652,143 | +20,991% |
| Income taxes | 67/77 | - | €60,841 | +€60,841 | |
| Profit (loss) for the period | 9904 | €3,107 | €594,410 | +€591,303 | +19,033% |
| Profit (loss) for the period to be appropriated | 9905 | €3,107 | €594,410 | +€591,303 | +19,033% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.