FOSINVEST: 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.
FOSINVEST
Largest movements
- Receivables within one year +€20,051
up €20,051 (+25.9%), from €77,417 to €97,468
of which Other amounts receivable: +€19,550
- Reserves +€23,446
up €23,446 (+59.2%), from €39,612 to €63,058
of which Distributable reserves: +€23,446
- Tax, wage and social debts +€8,758
up €8,758 (+145%), from €6,050 to €14,808
of which Taxes: +€7,322
- Debts after one year -€6,184
down €6,184 (-50.9%), from €12,160 to €5,976
- Current portion of long-term debt -€6,169
down €6,169 (-49.9%), from €12,353 to €6,184
- Gross operating margin +€12,787
up €12,787 (+46.8%), from €27,301 to €40,088
- Taxes +€4,436
up €4,436 (+42.8%), from €10,362 to €14,797
- Staff costs +€2,757
new in 2025: €2,757
- Other operating charges -€648
down €648 (-40.8%), from €1,588 to €939
- Financial income +€553
up €553 (+12.8%), from €4,307 to €4,860
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 | €87,964 | €108,244 | +€20,280 | +23.1% |
| Fixed assets | 21/28 | €112 | €75 | -€37 | -32.9% |
| Tangible fixed assets | 22/27 | €37 | - | -€37 | |
| Furniture and vehicles | 24 | €37 | - | -€37 | |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €87,852 | €108,169 | +€20,317 | +23.1% |
| Amounts receivable within one year | 40/41 | €77,417 | €97,468 | +€20,051 | +25.9% |
| Trade receivables | 40 | - | €502 | +€502 | |
| Other amounts receivable | 41 | €77,417 | €96,966 | +€19,550 | +25.3% |
| Cash at bank and in hand | 54/58 | €1,154 | €959 | -€195 | -16.9% |
| Deferred charges and accrued income | 490/1 | €9,281 | €9,742 | +€461 | +5.0% |
| Total equity and liabilities | 10/49 | €87,964 | €108,244 | +€20,280 | +23.1% |
| Equity | 10/15 | €45,820 | €69,266 | +€23,446 | +51.2% |
| Contributions | 10/11 | €6,208 | €6,208 | = | 0.0% |
| Capital | 10 | €6,208 | €6,208 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,392 | €12,392 | = | 0.0% |
| Reserves | 13 | €39,612 | €63,058 | +€23,446 | +59.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €37,752 | €61,198 | +€23,446 | +62.1% |
| Amounts payable | 17/49 | €42,144 | €38,979 | -€3,166 | -7.5% |
| Amounts payable after more than one year | 17 | €12,160 | €5,976 | -€6,184 | -50.9% |
| Financial debts | 170/4 | €12,160 | €5,976 | -€6,184 | -50.9% |
| Amounts payable within one year | 42/48 | €29,984 | €33,002 | +€3,018 | +10.1% |
| Current portion of amounts payable after more than one year | 42 | €12,353 | €6,184 | -€6,169 | -49.9% |
| Financial debts | 43 | €10,373 | €10,907 | +€534 | +5.1% |
| Credit institutions | 430/8 | €10,373 | €10,907 | +€534 | +5.1% |
| Trade debts | 44 | €1,208 | €1,103 | -€105 | -8.7% |
| Suppliers | 440/4 | €1,208 | €1,103 | -€105 | -8.7% |
| Taxes, remuneration and social security | 45 | €6,050 | €14,808 | +€8,758 | +145% |
| Taxes | 450/3 | €6,050 | €13,372 | +€7,322 | +121% |
| Remuneration and social security | 454/9 | - | €1,436 | +€1,436 | |
| Remuneration, social security and pensions | 62 | - | €2,757 | +€2,757 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200 | €37 | -€163 | -81.6% |
| Other operating charges | 640/8 | €1,588 | €939 | -€648 | -40.8% |
| Gross operating margin | 9900 | €27,301 | €40,088 | +€12,787 | +46.8% |
| Operating profit (loss) | 9901 | €25,514 | €36,354 | +€10,841 | +42.5% |
| Financial income | 75/76B | €4,307 | €4,860 | +€553 | +12.8% |
| Recurring financial income | 75 | €4,307 | €4,860 | +€553 | +12.8% |
| Financial charges | 65/66B | €2,807 | €2,971 | +€164 | +5.8% |
| Recurring financial charges | 65 | €2,807 | €2,971 | +€164 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €27,014 | €38,243 | +€11,229 | +41.6% |
| Income taxes | 67/77 | €10,362 | €14,797 | +€4,436 | +42.8% |
| Profit (loss) for the period | 9904 | €16,652 | €23,446 | +€6,794 | +40.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,652 | €23,446 | +€6,794 | +40.8% |
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 28 October 2026 via checked.be.