FDS 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.
FDS Invest
Largest movements
- Current investments -€145,000
down €145,000 (-11.7%), from €1.2m to €1.1m
- Cash +€128,797
up €128,797 (+64.6%), from €199,336 to €328,134
mainly Current investments (+€145,000) and Net result for the year (+€17,980)
No liability line moved by more than 1% of the balance sheet total.
- Financial charges -€152,478
down €152,478 (-78.7%), from €193,811 to €41,333
of which Non-recurring financial charges: -€174,734
- Financial income +€32,245
up €32,245 (+80.3%), from €40,175 to €72,419
- Gross operating margin +€3,691
up €3,691 (+28.1%), from -€13,150 to -€9,459
- Taxes -€518
down €518 (-62.0%), from €837 to €318
- Other operating charges +€333
up €333 (+11.1%), from €2,997 to €3,330
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 | €4,886,124 | €4,874,367 | -€11,757 | -0.2% |
| Fixed assets | 21/28 | €2,113,000 | €2,113,000 | = | 0.0% |
| Financial fixed assets | 28 | €2,113,000 | €2,113,000 | = | 0.0% |
| Current assets | 29/58 | €2,773,124 | €2,761,367 | -€11,757 | -0.4% |
| Amounts receivable within one year | 40/41 | €1,315,554 | €1,320,292 | +€4,738 | +0.4% |
| Other amounts receivable | 41 | €1,315,554 | €1,320,292 | +€4,738 | +0.4% |
| Current investments | 50/53 | €1,242,338 | €1,097,338 | -€145,000 | -11.7% |
| Cash at bank and in hand | 54/58 | €199,336 | €328,134 | +€128,797 | +64.6% |
| Deferred charges and accrued income | 490/1 | €15,896 | €15,603 | -€293 | -1.8% |
| Total equity and liabilities | 10/49 | €4,886,124 | €4,874,367 | -€11,757 | -0.2% |
| Equity | 10/15 | €4,851,387 | €4,869,367 | +€17,980 | +0.4% |
| Contributions | 10/11 | €1,006,200 | €1,006,200 | = | 0.0% |
| Capital | 10 | €1,006,200 | €1,006,200 | = | 0.0% |
| Issued capital | 100 | €1,018,600 | €1,018,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €101,860 | €101,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €101,860 | €101,860 | = | 0.0% |
| Legal reserve | 130 | €101,860 | €101,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,743,327 | €3,761,307 | +€17,980 | +0.5% |
| Amounts payable | 17/49 | €34,737 | €5,000 | -€29,737 | -85.6% |
| Amounts payable within one year | 42/48 | €5,000 | €5,000 | = | 0.0% |
| Trade debts | 44 | €5,000 | €5,000 | = | 0.0% |
| Suppliers | 440/4 | €5,000 | €5,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €29,737 | €0 | -€29,737 | -100.0% |
| Other operating charges | 640/8 | €2,997 | €3,330 | +€333 | +11.1% |
| Gross operating margin | 9900 | -€13,150 | -€9,459 | +€3,691 | +28.1% |
| Operating profit (loss) | 9901 | -€16,147 | -€12,789 | +€3,358 | +20.8% |
| Financial income | 75/76B | €40,175 | €72,419 | +€32,245 | +80.3% |
| Recurring financial income | 75 | €40,175 | €72,419 | +€32,245 | +80.3% |
| Financial charges | 65/66B | €193,811 | €41,333 | -€152,478 | -78.7% |
| Recurring financial charges | 65 | €19,077 | €41,333 | +€22,256 | +117% |
| Non-recurring financial charges | 66B | €174,734 | €0 | -€174,734 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€169,783 | €18,298 | +€188,081 | |
| Income taxes | 67/77 | €837 | €318 | -€518 | -62.0% |
| Profit (loss) for the period | 9904 | -€170,620 | €17,980 | +€188,599 | |
| Profit (loss) for the period to be appropriated | 9905 | -€170,620 | €17,980 | +€188,599 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.