IN-VESTA: 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.
IN-VESTA
Largest movements
- Tangible fixed assets +€6,300
up €6,300 (+55.6%), from €11,324 to €17,624
of which Furniture and vehicles: +€7,834
- Cash +€861
up €861 (+486%), from €177 to €1,038
mainly Net result for the year (+€25,897) and Depreciation (+€3,670)
- Profit (loss) carried forward +€23,245
no longer reported in 2025 (was -€23,245)
- Other debts -€21,923
down €21,923 (-96.1%), from €22,813 to €890
- Tax, wage and social debts +€3,258
up €3,258 (+57.5%), from €5,663 to €8,921
- Reserves +€2,652
new in 2025: €2,652
- Gross operating margin +€28,678
up €28,678 (+405%), from €7,089 to €35,767
- Taxes +€5,513
up €5,513 (+2,199%), from €251 to €5,764
- Depreciation +€1,259
up €1,259 (+52.2%), from €2,411 to €3,670
- Financial charges -€906
down €906 (-86.5%), from €1,046 to €141
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 | €11,501 | €18,662 | +€7,161 | +62.3% |
| Fixed assets | 21/28 | €11,324 | €17,624 | +€6,300 | +55.6% |
| Tangible fixed assets | 22/27 | €11,324 | €17,624 | +€6,300 | +55.6% |
| Plant, machinery and equipment | 23 | €8,000 | €6,466 | -€1,534 | -19.2% |
| Furniture and vehicles | 24 | €3,324 | €11,158 | +€7,834 | +236% |
| Current assets | 29/58 | €177 | €1,038 | +€861 | +486% |
| Cash at bank and in hand | 54/58 | €177 | €1,038 | +€861 | +486% |
| Total equity and liabilities | 10/49 | €11,501 | €18,662 | +€7,161 | +62.3% |
| Equity | 10/15 | -€17,045 | €8,852 | +€25,897 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | - | €2,652 | +€2,652 | |
| Distributable reserves | 133 | - | €2,652 | +€2,652 | |
| Profit (loss) carried forward | 14 | -€23,245 | - | +€23,245 | |
| Amounts payable | 17/49 | €28,546 | €9,810 | -€18,736 | -65.6% |
| Amounts payable within one year | 42/48 | €28,546 | €9,810 | -€18,736 | -65.6% |
| Trade debts | 44 | €71 | - | -€71 | |
| Suppliers | 440/4 | €71 | - | -€71 | |
| Taxes, remuneration and social security | 45 | €5,663 | €8,921 | +€3,258 | +57.5% |
| Taxes | 450/3 | €5,663 | €8,921 | +€3,258 | +57.5% |
| Other amounts payable | 47/48 | €22,813 | €890 | -€21,923 | -96.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,411 | €3,670 | +€1,259 | +52.2% |
| Other operating charges | 640/8 | €287 | €295 | +€8 | +2.9% |
| Gross operating margin | 9900 | €7,089 | €35,767 | +€28,678 | +405% |
| Operating profit (loss) | 9901 | €4,391 | €31,801 | +€27,410 | +624% |
| Financial income | 75/76B | €182 | - | -€182 | |
| Recurring financial income | 75 | €182 | - | -€182 | |
| Financial charges | 65/66B | €1,046 | €141 | -€906 | -86.5% |
| Recurring financial charges | 65 | €1,046 | €141 | -€906 | -86.5% |
| Profit (loss) for the period before taxes | 9903 | €3,526 | €31,661 | +€28,134 | +798% |
| Income taxes | 67/77 | €251 | €5,764 | +€5,513 | +2,199% |
| Profit (loss) for the period | 9904 | €3,275 | €25,897 | +€22,622 | +691% |
| Profit (loss) for the period to be appropriated | 9905 | €3,275 | €25,897 | +€22,622 | +691% |
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 28 October 2026 via checked.be.