IL INVESTIMMO: 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.
IL INVESTIMMO
Largest movements
- Tangible fixed assets -€5,190
down €5,190 (-5.4%), from €96,706 to €91,516
- Cash +€1,577
up €1,577 (+100%), from €1,576 to €3,154
mainly Other debts (+€18,501) and Depreciation (+€5,190)
- Other debts +€18,501
up €18,501 (+15.6%), from €118,808 to €137,309
- Debts after one year -€17,712
no longer reported in 2025 (was €17,712)
- Trade debts -€4,314
down €4,314 (-33.2%), from €12,996 to €8,682
- Profit (loss) carried forward +€2,449
up €2,449 (+3.4%), from -€72,948 to -€70,498
- Accrued charges and deferred income -€1,729
down €1,729 (-95.3%), from €1,815 to €86
- Gross operating margin -€6,902
down €6,902 (-37.9%), from €18,214 to €11,311
- Financial charges -€1,010
down €1,010 (-37.6%), from €2,683 to €1,674
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 | €104,869 | €101,254 | -€3,615 | -3.4% |
| Fixed assets | 21/28 | €96,706 | €91,516 | -€5,190 | -5.4% |
| Tangible fixed assets | 22/27 | €96,706 | €91,516 | -€5,190 | -5.4% |
| Land and buildings | 22 | €96,706 | €91,516 | -€5,190 | -5.4% |
| Current assets | 29/58 | €8,163 | €9,738 | +€1,575 | +19.3% |
| Amounts receivable within one year | 40/41 | €5,600 | €5,600 | = | 0.0% |
| Trade receivables | 40 | €5,600 | €5,600 | = | 0.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €2 | - | -€2 | |
| Cash at bank and in hand | 54/58 | €1,576 | €3,154 | +€1,577 | +100% |
| Deferred charges and accrued income | 490/1 | €985 | €984 | -€1 | -0.1% |
| Total equity and liabilities | 10/49 | €104,869 | €101,254 | -€3,615 | -3.4% |
| Equity | 10/15 | -€66,713 | -€64,263 | +€2,449 | +3.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €35 | €35 | = | 0.0% |
| Distributable reserves | 133 | €35 | €35 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,948 | -€70,498 | +€2,449 | +3.4% |
| Amounts payable | 17/49 | €171,582 | €165,517 | -€6,065 | -3.5% |
| Amounts payable after more than one year | 17 | €17,712 | - | -€17,712 | |
| Financial debts | 170/4 | €17,712 | - | -€17,712 | |
| Amounts payable within one year | 42/48 | €152,055 | €165,432 | +€13,376 | +8.8% |
| Current portion of amounts payable after more than one year | 42 | €20,251 | €19,441 | -€810 | -4.0% |
| Financial debts | 43 | - | €0 | +€0 | |
| Credit institutions | 430/8 | - | €0 | +€0 | |
| Trade debts | 44 | €12,996 | €8,682 | -€4,314 | -33.2% |
| Suppliers | 440/4 | €12,996 | €8,682 | -€4,314 | -33.2% |
| Other amounts payable | 47/48 | €118,808 | €137,309 | +€18,501 | +15.6% |
| Accrued charges and deferred income | 492/3 | €1,815 | €86 | -€1,729 | -95.3% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,190 | €5,190 | = | 0.0% |
| Other operating charges | 640/8 | €1,919 | €1,998 | +€80 | +4.2% |
| Gross operating margin | 9900 | €18,214 | €11,311 | -€6,902 | -37.9% |
| Operating profit (loss) | 9901 | €11,105 | €4,123 | -€6,982 | -62.9% |
| Financial charges | 65/66B | €2,683 | €1,674 | -€1,010 | -37.6% |
| Recurring financial charges | 65 | €2,683 | €1,674 | -€1,010 | -37.6% |
| Profit (loss) for the period before taxes | 9903 | €8,421 | €2,449 | -€5,972 | -70.9% |
| Profit (loss) for the period | 9904 | €8,421 | €2,449 | -€5,972 | -70.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,421 | €2,449 | -€5,972 | -70.9% |
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 27 October 2026 via checked.be.