INVENI: 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.
INVENI
Largest movements
- Tangible fixed assets -€41,882
down €41,882 (-32.3%), from €129,487 to €87,606
of which Furniture and vehicles: -€38,992
- Receivables within one year -€21,324
down €21,324 (-3.9%), from €551,844 to €530,520
of which Other amounts receivable: -€55,104
- Stocks and contracts -€14,910
down €14,910 (-10.3%), from €144,645 to €129,735
- Debts after one year -€90,000
down €90,000 (-69.8%), from €129,000 to €39,000
- Trade debts -€21,779
down €21,779 (-12.3%), from €177,642 to €155,863
- Other debts +€12,785
up €12,785 (+10.2%), from €125,124 to €137,909
- Reserves +€9,731
up €9,731 (+4.3%), from €225,199 to €234,930
- Gross operating margin +€16,961
up €16,961 (+16.9%), from €100,606 to €117,566
- Taxes +€7,607
up €7,607 (+251.7%), from €3,022 to €10,629
- Staff costs -€3,719
down €3,719 (-10.0%), from €37,115 to €33,396
- Depreciation -€2,334
down €2,334 (-5.1%), from €45,356 to €43,022
- Financial charges -€2,073
down €2,073 (-13.1%), from €15,800 to €13,727
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 | €873,523 | €791,786 | -€81,738 | -9.4% |
| Fixed assets | 21/28 | €129,487 | €87,606 | -€41,882 | -32.3% |
| Tangible fixed assets | 22/27 | €129,487 | €87,606 | -€41,882 | -32.3% |
| Land and buildings | 22 | €6,850 | €5,829 | -€1,021 | -14.9% |
| Plant, machinery and equipment | 23 | €10,725 | €8,856 | -€1,869 | -17.4% |
| Furniture and vehicles | 24 | €111,913 | €72,921 | -€38,992 | -34.8% |
| Current assets | 29/58 | €744,036 | €704,180 | -€39,856 | -5.4% |
| Stocks and contracts in progress | 3 | €144,645 | €129,735 | -€14,910 | -10.3% |
| Stocks | 30/36 | €144,645 | €129,735 | -€14,910 | -10.3% |
| Amounts receivable within one year | 40/41 | €551,844 | €530,520 | -€21,324 | -3.9% |
| Trade receivables | 40 | €79,334 | €113,114 | +€33,780 | +42.6% |
| Other amounts receivable | 41 | €472,510 | €417,406 | -€55,104 | -11.7% |
| Cash at bank and in hand | 54/58 | €47,547 | €43,925 | -€3,622 | -7.6% |
| Total equity and liabilities | 10/49 | €873,523 | €791,786 | -€81,738 | -9.4% |
| Equity | 10/15 | €367,769 | €377,500 | +€9,731 | +2.6% |
| Contributions | 10/11 | €142,570 | €142,570 | = | 0.0% |
| Reserves | 13 | €225,199 | €234,930 | +€9,731 | +4.3% |
| Distributable reserves | 133 | €225,199 | €234,930 | +€9,731 | +4.3% |
| Amounts payable | 17/49 | €505,755 | €414,285 | -€91,469 | -18.1% |
| Amounts payable after more than one year | 17 | €129,000 | €39,000 | -€90,000 | -69.8% |
| Other amounts payable | 178/9 | €129,000 | €39,000 | -€90,000 | -69.8% |
| Amounts payable within one year | 42/48 | €371,258 | €368,978 | -€2,280 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €53,181 | €53,181 | = | 0.0% |
| Trade debts | 44 | €177,642 | €155,863 | -€21,779 | -12.3% |
| Suppliers | 440/4 | €177,642 | €155,863 | -€21,779 | -12.3% |
| Taxes, remuneration and social security | 45 | €15,311 | €22,026 | +€6,715 | +43.9% |
| Taxes | 450/3 | €10,890 | €17,447 | +€6,556 | +60.2% |
| Remuneration and social security | 454/9 | €4,421 | €4,579 | +€158 | +3.6% |
| Other amounts payable | 47/48 | €125,124 | €137,909 | +€12,785 | +10.2% |
| Accrued charges and deferred income | 492/3 | €5,497 | €6,307 | +€810 | +14.7% |
| Remuneration, social security and pensions | 62 | €37,115 | €33,396 | -€3,719 | -10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,356 | €43,022 | -€2,334 | -5.1% |
| Other operating charges | 640/8 | €2,189 | €1,286 | -€903 | -41.3% |
| Non-recurring operating charges | 66A | €50 | €50 | = | 0.0% |
| Gross operating margin | 9900 | €100,606 | €117,566 | +€16,961 | +16.9% |
| Operating profit (loss) | 9901 | €15,896 | €39,813 | +€23,917 | +150.5% |
| Financial income | 75/76B | €4,353 | €4,752 | +€399 | +9.2% |
| Recurring financial income | 75 | €4,353 | €4,752 | +€399 | +9.2% |
| Financial charges | 65/66B | €15,800 | €13,727 | -€2,073 | -13.1% |
| Recurring financial charges | 65 | €15,800 | €13,727 | -€2,073 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €4,448 | €30,838 | +€26,389 | +593.3% |
| Income taxes | 67/77 | €3,022 | €10,629 | +€7,607 | +251.7% |
| Profit (loss) for the period | 9904 | €1,426 | €20,208 | +€18,782 | +1316.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,426 | €20,208 | +€18,782 | +1316.8% |
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 10 October 2026 via checked.be.