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 +€224,550
up €224,550 (+819%), from €27,416 to €251,966
mainly Current investments (+€140,000) and Net result for the year (+€77,848)
- Current investments -€140,000
down €140,000 (-87.5%), from €160,000 to €20,000
- Reserves +€77,848
up €77,848 (+38.8%), from €200,698 to €278,546
- Financial income -€118,417
down €118,417 (-57.7%), from €205,053 to €86,636
- Taxes +€7,817
new in 2025: €7,817
- Gross operating margin +€2,560
up €2,560 (+73.5%), from -€3,482 to -€922
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 | €666,298 | €750,849 | +€84,550 | +12.7% |
| Fixed assets | 21/28 | €478,600 | €478,600 | = | 0.0% |
| Financial fixed assets | 28 | €478,600 | €478,600 | = | 0.0% |
| Current assets | 29/58 | €187,698 | €272,249 | +€84,550 | +45.0% |
| Amounts receivable within one year | 40/41 | €282 | €282 | = | 0.0% |
| Other amounts receivable | 41 | €282 | €282 | = | 0.0% |
| Current investments | 50/53 | €160,000 | €20,000 | -€140,000 | -87.5% |
| Cash at bank and in hand | 54/58 | €27,416 | €251,966 | +€224,550 | +819% |
| Total equity and liabilities | 10/49 | €666,298 | €750,849 | +€84,550 | +12.7% |
| Equity | 10/15 | €666,298 | €744,146 | +€77,848 | +11.7% |
| Contributions | 10/11 | €465,600 | €465,600 | = | 0.0% |
| Reserves | 13 | €200,698 | €278,546 | +€77,848 | +38.8% |
| Distributable reserves | 133 | €200,698 | €278,546 | +€77,848 | +38.8% |
| Amounts payable | 17/49 | - | €6,703 | +€6,703 | |
| Amounts payable within one year | 42/48 | - | €6,703 | +€6,703 | |
| Taxes, remuneration and social security | 45 | - | €6,703 | +€6,703 | |
| Taxes | 450/3 | - | €6,703 | +€6,703 | |
| Gross operating margin | 9900 | -€3,482 | -€922 | +€2,560 | +73.5% |
| Operating profit (loss) | 9901 | -€3,482 | -€922 | +€2,560 | +73.5% |
| Financial income | 75/76B | €205,053 | €86,636 | -€118,417 | -57.7% |
| Recurring financial income | 75 | €205,053 | €86,636 | -€118,417 | -57.7% |
| Financial charges | 65/66B | €72 | €49 | -€24 | -32.6% |
| Recurring financial charges | 65 | €72 | €49 | -€24 | -32.6% |
| Profit (loss) for the period before taxes | 9903 | €201,498 | €85,665 | -€115,834 | -57.5% |
| Income taxes | 67/77 | - | €7,817 | +€7,817 | |
| Profit (loss) for the period | 9904 | €201,498 | €77,848 | -€123,651 | -61.4% |
| Profit (loss) for the period to be appropriated | 9905 | €201,498 | €77,848 | -€123,651 | -61.4% |
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.