FT 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.
FT INVEST
Largest movements
- Cash +€25,319
up €25,319 (+300%), from €8,439 to €33,759
mainly Net result for the year (+€259,634) and Current portion of long-term debt (+€2,902)
- Profit (loss) carried forward +€259,634
up €259,634, from -€12,352 to €247,282
- Debts after one year -€237,216
down €237,216 (-32.7%), from €724,685 to €487,469
of which Other amounts payable: -€163,000
- Financial income +€285,000
new in 2025: €285,000
- Gross operating margin -€21,330
down €21,330, from €18,593 to -€2,737
- Financial charges -€8,315
down €8,315 (-26.9%), from €30,945 to €22,629
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 | €808,648 | €833,967 | +€25,319 | +3.1% |
| Fixed assets | 21/28 | €800,000 | €800,000 | = | 0.0% |
| Financial fixed assets | 28 | €800,000 | €800,000 | = | 0.0% |
| Current assets | 29/58 | €8,648 | €33,967 | +€25,319 | +293% |
| Amounts receivable within one year | 40/41 | €208 | €208 | = | 0.0% |
| Other amounts receivable | 41 | €208 | €208 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,439 | €33,759 | +€25,319 | +300% |
| Total equity and liabilities | 10/49 | €808,648 | €833,967 | +€25,319 | +3.1% |
| Equity | 10/15 | €12,648 | €272,282 | +€259,634 | +2,053% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,352 | €247,282 | +€259,634 | |
| Amounts payable | 17/49 | €795,999 | €561,685 | -€234,314 | -29.4% |
| Amounts payable after more than one year | 17 | €724,685 | €487,469 | -€237,216 | -32.7% |
| Financial debts | 170/4 | €524,085 | €449,869 | -€74,216 | -14.2% |
| Other amounts payable | 178/9 | €200,600 | €37,600 | -€163,000 | -81.3% |
| Amounts payable within one year | 42/48 | €71,314 | €74,216 | +€2,902 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €71,314 | €74,216 | +€2,902 | +4.1% |
| Gross operating margin | 9900 | €18,593 | -€2,737 | -€21,330 | |
| Operating profit (loss) | 9901 | €18,593 | -€2,737 | -€21,330 | |
| Financial income | 75/76B | - | €285,000 | +€285,000 | |
| Recurring financial income | 75 | - | €285,000 | +€285,000 | |
| Financial charges | 65/66B | €30,945 | €22,629 | -€8,315 | -26.9% |
| Recurring financial charges | 65 | €30,945 | €22,629 | -€8,315 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | -€12,352 | €259,634 | +€271,985 | |
| Profit (loss) for the period | 9904 | -€12,352 | €259,634 | +€271,985 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,352 | €259,634 | +€271,985 |
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 23 October 2026 via checked.be.