E-INVEST: what changed
E-INVEST
Largest movements
- Tangible fixed assets -€2,482
down €2,482 (-41.4%), from €6,002 to €3,520
of which Land and buildings: -€1,639
- Cash +€2,041
up €2,041 (+564%), from €362 to €2,402
mainly Other debts (+€5,212) and Trade debts (+€4,029)
- Receivables within one year +€1,109
up €1,109 (+48.6%), from €2,281 to €3,390
of which Trade receivables: +€2,641
- Profit (loss) carried forward -€9,512
down €9,512 (-16.5%), from -€57,476 to -€66,988
- Other debts +€5,212
up €5,212 (+36.6%), from €14,223 to €19,435
- Trade debts +€4,029
up €4,029, from €0 to €4,029
- Tax, wage and social debts +€938
up €938 (+2,503%), from €37 to €976
- Gross operating margin -€1,699
down €1,699 (-35.1%), from -€4,838 to -€6,537
- Other operating charges -€260
down €260 (-49.7%), from €524 to €264
- Financial income -€195
down €195 (-99.2%), from €196 to €2
- Financial charges +€187
up €187 (+429%), from €44 to €230
- Depreciation -€129
down €129 (-4.9%), from €2,612 to €2,482
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 | €8,645 | €9,312 | +€667 | +7.7% |
| Fixed assets | 21/28 | €6,002 | €3,520 | -€2,482 | -41.4% |
| Tangible fixed assets | 22/27 | €6,002 | €3,520 | -€2,482 | -41.4% |
| Land and buildings | 22 | €4,125 | €2,485 | -€1,639 | -39.7% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €1,878 | €1,035 | -€843 | -44.9% |
| Current assets | 29/58 | €2,643 | €5,792 | +€3,150 | +119% |
| Amounts receivable within one year | 40/41 | €2,281 | €3,390 | +€1,109 | +48.6% |
| Trade receivables | 40 | - | €2,641 | +€2,641 | |
| Other amounts receivable | 41 | €2,281 | €749 | -€1,532 | -67.2% |
| Cash at bank and in hand | 54/58 | €362 | €2,402 | +€2,041 | +564% |
| Total equity and liabilities | 10/49 | €8,645 | €9,312 | +€667 | +7.7% |
| Equity | 10/15 | -€5,616 | -€15,128 | -€9,512 | -169% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,476 | -€66,988 | -€9,512 | -16.5% |
| Amounts payable | 17/49 | €14,261 | €24,440 | +€10,179 | +71.4% |
| Amounts payable within one year | 42/48 | €14,261 | €24,440 | +€10,179 | +71.4% |
| Trade debts | 44 | €0 | €4,029 | +€4,029 | |
| Suppliers | 440/4 | €0 | €4,029 | +€4,029 | |
| Taxes, remuneration and social security | 45 | €37 | €976 | +€938 | +2,503% |
| Taxes | 450/3 | €37 | €976 | +€938 | +2,503% |
| Other amounts payable | 47/48 | €14,223 | €19,435 | +€5,212 | +36.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,612 | €2,482 | -€129 | -4.9% |
| Other operating charges | 640/8 | €524 | €264 | -€260 | -49.7% |
| Gross operating margin | 9900 | -€4,838 | -€6,537 | -€1,699 | -35.1% |
| Operating profit (loss) | 9901 | -€7,974 | -€9,283 | -€1,309 | -16.4% |
| Financial income | 75/76B | €196 | €2 | -€195 | -99.2% |
| Recurring financial income | 75 | €196 | €2 | -€195 | -99.2% |
| Financial charges | 65/66B | €44 | €230 | +€187 | +429% |
| Recurring financial charges | 65 | €44 | €230 | +€187 | +429% |
| Profit (loss) for the period before taxes | 9903 | -€7,821 | -€9,512 | -€1,691 | -21.6% |
| Profit (loss) for the period | 9904 | -€7,821 | -€9,512 | -€1,691 | -21.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,821 | -€9,512 | -€1,691 | -21.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.