Invaport: 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.
Invaport
Largest movements
- Receivables within one year -€15,271
down €15,271 (-95.8%), from €15,936 to €665
of which Trade receivables: -€15,142
- Tangible fixed assets -€13,190
down €13,190 (-28.9%), from €45,607 to €32,417
of which Furniture and vehicles: -€14,781
- Debts after one year -€14,487
no longer reported in 2025 (was €14,487)
- Other debts -€12,530
down €12,530 (-8.5%), from €148,135 to €135,605
- Profit (loss) carried forward -€2,954
down €2,954 (-1.9%), from -€154,189 to -€157,143
- Trade debts +€1,429
up €1,429 (+282.8%), from €506 to €1,935
- Gross operating margin -€38,074
down €38,074 (-72.0%), from €52,844 to €14,770
- Depreciation -€9,278
down €9,278 (-36.1%), from €25,690 to €16,412
- Other operating charges +€901
up €901 (+122.5%), from €735 to €1,636
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 | €139,451 | €109,125 | -€30,326 | -21.7% |
| Fixed assets | 21/28 | €46,968 | €33,778 | -€13,190 | -28.1% |
| Tangible fixed assets | 22/27 | €45,607 | €32,417 | -€13,190 | -28.9% |
| Plant, machinery and equipment | 23 | - | €2,791 | +€2,791 | |
| Furniture and vehicles | 24 | €41,805 | €27,024 | -€14,781 | -35.4% |
| Other tangible fixed assets | 26 | €3,802 | €2,602 | -€1,200 | -31.6% |
| Financial fixed assets | 28 | €1,361 | €1,361 | = | 0.0% |
| Current assets | 29/58 | €92,483 | €75,347 | -€17,136 | -18.5% |
| Amounts receivable after more than one year | 29 | €65,000 | €65,000 | = | 0.0% |
| Trade receivables | 290 | - | €65,000 | +€65,000 | |
| Other amounts receivable | 291 | €65,000 | - | -€65,000 | |
| Amounts receivable within one year | 40/41 | €15,936 | €665 | -€15,271 | -95.8% |
| Trade receivables | 40 | €15,807 | €665 | -€15,142 | -95.8% |
| Other amounts receivable | 41 | €130 | - | -€130 | |
| Cash at bank and in hand | 54/58 | €9,050 | €8,495 | -€555 | -6.1% |
| Deferred charges and accrued income | 490/1 | €2,497 | €1,187 | -€1,310 | -52.5% |
| Total equity and liabilities | 10/49 | €139,451 | €109,125 | -€30,326 | -21.7% |
| Equity | 10/15 | -€43,839 | -€46,793 | -€2,954 | -6.7% |
| Contributions | 10/11 | €110,350 | €110,350 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€154,189 | -€157,143 | -€2,954 | -1.9% |
| Amounts payable | 17/49 | €183,290 | €155,918 | -€27,372 | -14.9% |
| Amounts payable after more than one year | 17 | €14,487 | - | -€14,487 | |
| Financial debts | 170/4 | €14,487 | - | -€14,487 | |
| Amounts payable within one year | 42/48 | €168,804 | €155,918 | -€12,886 | -7.6% |
| Current portion of amounts payable after more than one year | 42 | €15,475 | €14,487 | -€988 | -6.4% |
| Trade debts | 44 | €506 | €1,935 | +€1,429 | +282.8% |
| Suppliers | 440/4 | €506 | €1,935 | +€1,429 | +282.8% |
| Taxes, remuneration and social security | 45 | €4,688 | €3,891 | -€797 | -17.0% |
| Taxes | 450/3 | €4,688 | €3,891 | -€797 | -17.0% |
| Other amounts payable | 47/48 | €148,135 | €135,605 | -€12,530 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,690 | €16,412 | -€9,278 | -36.1% |
| Other operating charges | 640/8 | €735 | €1,636 | +€901 | +122.5% |
| Non-recurring operating charges | 66A | €242 | - | -€242 | |
| Gross operating margin | 9900 | €52,844 | €14,770 | -€38,074 | -72.0% |
| Operating profit (loss) | 9901 | €26,176 | -€3,278 | -€29,454 | |
| Financial income | 75/76B | €1,238 | €1,236 | -€2 | -0.2% |
| Recurring financial income | 75 | €1,238 | €1,236 | -€2 | -0.2% |
| Financial charges | 65/66B | €578 | €494 | -€84 | -14.5% |
| Recurring financial charges | 65 | €578 | €494 | -€84 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €26,837 | -€2,536 | -€29,373 | |
| Income taxes | 67/77 | €780 | €418 | -€362 | -46.4% |
| Profit (loss) for the period | 9904 | €26,057 | -€2,954 | -€29,011 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,057 | -€2,954 | -€29,011 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.