INVARES: 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.
INVARES
Largest movements
- Cash +€1,383
up €1,383 (+609.4%), from €227 to €1,610
mainly Other debts (+€2,250) and Receivables within one year (+€647)
- Receivables within one year -€647
down €647 (-85.2%), from €760 to €112
- Other debts +€2,250
up €2,250 (+56.3%), from €4,000 to €6,250
- Profit (loss) carried forward -€902
down €902 (-4.1%), from -€22,226 to -€23,128
- Trade debts -€613
no longer reported in 2022 (was €613)
- Gross operating margin +€23,302
up €23,302 (+98.7%), from -€23,600 to -€298
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €987 | €1,722 | +€735 | +74.5% |
| Current assets | 29/58 | €987 | €1,722 | +€735 | +74.5% |
| Amounts receivable within one year | 40/41 | €760 | €112 | -€647 | -85.2% |
| Other amounts receivable | 41 | €760 | €112 | -€647 | -85.2% |
| Cash at bank and in hand | 54/58 | €227 | €1,610 | +€1,383 | +609.4% |
| Total equity and liabilities | 10/49 | €987 | €1,722 | +€735 | +74.5% |
| Equity | 10/15 | -€3,626 | -€4,528 | -€902 | -24.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,226 | -€23,128 | -€902 | -4.1% |
| Amounts payable | 17/49 | €4,613 | €6,250 | +€1,637 | +35.5% |
| Amounts payable within one year | 42/48 | €4,613 | €6,250 | +€1,637 | +35.5% |
| Trade debts | 44 | €613 | - | -€613 | |
| Suppliers | 440/4 | €613 | - | -€613 | |
| Other amounts payable | 47/48 | €4,000 | €6,250 | +€2,250 | +56.3% |
| Other operating charges | 640/8 | €459 | €460 | +€1 | +0.2% |
| Gross operating margin | 9900 | -€23,600 | -€298 | +€23,302 | +98.7% |
| Operating profit (loss) | 9901 | -€24,059 | -€758 | +€23,301 | +96.9% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €127 | €144 | +€18 | +14.1% |
| Recurring financial charges | 65 | €127 | €144 | +€18 | +14.1% |
| Profit (loss) for the period before taxes | 9903 | -€24,184 | -€902 | +€23,282 | +96.3% |
| Profit (loss) for the period | 9904 | -€24,184 | -€902 | +€23,282 | +96.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,184 | -€902 | +€23,282 | +96.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.