GINVESTIMMO: what changed
Two fiscal 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.
GINVESTIMMO
Largest movements
- Cash -€1,803
down €1,803 (-53.9%), from €3,346 to €1,543
mainly Net result for the year (-€10,146)
- Tangible fixed assets -€1,130
down €1,130 (-43.3%), from €2,610 to €1,479
- Receivables within one year -€908
down €908 (-80.3%), from €1,131 to €223
- Formation expenses -€231
no longer reported in 2025 (was €231)
- Profit (loss) carried forward -€10,146
down €10,146 (-80.0%), from -€12,683 to -€22,829
- Other debts +€6,074
new in 2025: €6,074
- Gross operating margin +€4,008
up €4,008 (+32.8%), from -€12,202 to -€8,194
- Depreciation -€148
down €148 (-9.8%), from €1,509 to €1,362
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.
Cash bridge derived
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 | €7,317 | €3,245 | -€4,072 | -55.7% |
| Formation expenses | 20 | €231 | - | -€231 | |
| Fixed assets | 21/28 | €2,610 | €1,479 | -€1,130 | -43.3% |
| Tangible fixed assets | 22/27 | €2,610 | €1,479 | -€1,130 | -43.3% |
| Furniture and vehicles | 24 | €2,610 | €1,479 | -€1,130 | -43.3% |
| Current assets | 29/58 | €4,476 | €1,766 | -€2,711 | -60.6% |
| Amounts receivable within one year | 40/41 | €1,131 | €223 | -€908 | -80.3% |
| Other amounts receivable | 41 | €1,131 | €223 | -€908 | -80.3% |
| Cash at bank and in hand | 54/58 | €3,346 | €1,543 | -€1,803 | -53.9% |
| Total equity and liabilities | 10/49 | €7,317 | €3,245 | -€4,072 | -55.7% |
| Equity | 10/15 | €7,317 | -€2,829 | -€10,146 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,683 | -€22,829 | -€10,146 | -80.0% |
| Amounts payable | 17/49 | - | €6,074 | +€6,074 | |
| Amounts payable within one year | 42/48 | - | €6,074 | +€6,074 | |
| Other amounts payable | 47/48 | - | €6,074 | +€6,074 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,509 | €1,362 | -€148 | -9.8% |
| Other operating charges | 640/8 | €451 | €465 | +€14 | +3.2% |
| Gross operating margin | 9900 | -€12,202 | -€8,194 | +€4,008 | +32.8% |
| Operating profit (loss) | 9901 | -€14,162 | -€10,021 | +€4,141 | +29.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €125 | €125 | = | 0.0% |
| Recurring financial charges | 65 | €125 | €125 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€14,287 | -€10,146 | +€4,141 | +29.0% |
| Profit (loss) for the period | 9904 | -€14,287 | -€10,146 | +€4,141 | +29.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,287 | -€10,146 | +€4,141 | +29.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.