IN-VAST GROUP: what changed
IN-VAST GROUP
Largest movements
- Receivables within one year +€185,022
up €185,022 (+42.8%), from €432,038 to €617,061
of which Trade receivables: +€207,369
- Intangible fixed assets +€77,101
up €77,101 (+101%), from €76,600 to €153,701
- Cash -€52,361
down €52,361 (-83.9%), from €62,407 to €10,047
mainly Receivables within one year (-€185,022) and Investment in fixed assets (net) (-€119,485)
- Deferred charges and accrued income -€17,879
down €17,879 (-22.8%), from €78,389 to €60,510
- Other debts +€225,951
up €225,951 (+51,952%), from €435 to €226,386
- Debts after one year -€85,000
down €85,000 (-24.6%), from €345,000 to €260,000
- Profit (loss) carried forward +€28,373
up €28,373 (+95.8%), from €29,610 to €57,983
- Trade debts +€18,682
up €18,682 (+10.8%), from €173,205 to €191,887
- Staff costs +€50,810
up €50,810 (+63.9%), from €79,516 to €130,326
- Gross operating margin +€40,858
up €40,858 (+22.8%), from €179,098 to €219,956
- Taxes +€6,669
up €6,669 (+168%), from €3,962 to €10,631
- Depreciation +€5,135
up €5,135 (+13.8%), from €37,249 to €42,384
- Financial charges +€3,230
up €3,230 (+229%), from €1,409 to €4,640
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €649,435 | €841,318 | +€191,884 | +29.5% |
| Fixed assets | 21/28 | €76,600 | €153,701 | +€77,101 | +101% |
| Intangible fixed assets | 21 | €76,600 | €153,701 | +€77,101 | +101% |
| Current assets | 29/58 | €572,834 | €687,617 | +€114,783 | +20.0% |
| Amounts receivable within one year | 40/41 | €432,038 | €617,061 | +€185,022 | +42.8% |
| Trade receivables | 40 | €171,781 | €379,149 | +€207,369 | +121% |
| Other amounts receivable | 41 | €260,258 | €237,911 | -€22,346 | -8.6% |
| Cash at bank and in hand | 54/58 | €62,407 | €10,047 | -€52,361 | -83.9% |
| Deferred charges and accrued income | 490/1 | €78,389 | €60,510 | -€17,879 | -22.8% |
| Total equity and liabilities | 10/49 | €649,435 | €841,318 | +€191,884 | +29.5% |
| Equity | 10/15 | €87,735 | €116,107 | +€28,373 | +32.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €57,124 | €57,124 | = | 0.0% |
| Tax-exempt reserves | 132 | €27,124 | €27,124 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,610 | €57,983 | +€28,373 | +95.8% |
| Amounts payable | 17/49 | €561,700 | €725,211 | +€163,511 | +29.1% |
| Amounts payable after more than one year | 17 | €345,000 | €260,000 | -€85,000 | -24.6% |
| Financial debts | 170/4 | €345,000 | €260,000 | -€85,000 | -24.6% |
| Amounts payable within one year | 42/48 | €215,688 | €460,960 | +€245,272 | +114% |
| Trade debts | 44 | €173,205 | €191,887 | +€18,682 | +10.8% |
| Suppliers | 440/4 | €173,205 | €191,887 | +€18,682 | +10.8% |
| Taxes, remuneration and social security | 45 | €42,048 | €42,687 | +€639 | +1.5% |
| Taxes | 450/3 | €20,850 | €20,357 | -€494 | -2.4% |
| Remuneration and social security | 454/9 | €21,198 | €22,331 | +€1,133 | +5.3% |
| Other amounts payable | 47/48 | €435 | €226,386 | +€225,951 | +51,952% |
| Accrued charges and deferred income | 492/3 | €1,012 | €4,251 | +€3,239 | +320% |
| Remuneration, social security and pensions | 62 | €79,516 | €130,326 | +€50,810 | +63.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,249 | €42,384 | +€5,135 | +13.8% |
| Other operating charges | 640/8 | €410 | €3,602 | +€3,193 | +780% |
| Gross operating margin | 9900 | €179,098 | €219,956 | +€40,858 | +22.8% |
| Operating profit (loss) | 9901 | €61,923 | €43,644 | -€18,279 | -29.5% |
| Financial charges | 65/66B | €1,409 | €4,640 | +€3,230 | +229% |
| Recurring financial charges | 65 | €1,409 | €4,640 | +€3,230 | +229% |
| Profit (loss) for the period before taxes | 9903 | €60,513 | €39,004 | -€21,509 | -35.5% |
| Income taxes | 67/77 | €3,962 | €10,631 | +€6,669 | +168% |
| Profit (loss) for the period | 9904 | €56,551 | €28,373 | -€28,178 | -49.8% |
| Transfer to tax-exempt reserves | 689 | €27,124 | - | -€27,124 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,427 | €28,373 | -€1,054 | -3.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.