INVENIAM: 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.
INVENIAM
Largest movements
- Current investments +€98,726
up €98,726 (+43.1%), from €228,836 to €327,561
- Cash -€46,151
down €46,151 (-29.4%), from €157,190 to €111,040
mainly Current investments (-€98,726) and Deferred charges and accrued income (-€20,235)
- Deferred charges and accrued income +€20,235
up €20,235 (+71.2%), from €28,418 to €48,653
- Tangible fixed assets +€6,044
up €6,044 (+56.6%), from €10,673 to €16,717
of which Plant, machinery and equipment: +€6,199
- Reserves +€74,788
up €74,788 (+15.6%), from €479,662 to €554,450
- Financial income -€25,693
down €25,693 (-70.9%), from €36,255 to €10,562
- Gross operating margin +€10,215
up €10,215 (+11.4%), from €89,549 to €99,764
- Taxes -€6,237
down €6,237 (-18.9%), from €33,040 to €26,803
- Financial charges -€5,388
down €5,388 (-85.4%), from €6,313 to €924
- Depreciation +€1,470
up €1,470 (+25.5%), from €5,755 to €7,225
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 | €507,842 | €583,140 | +€75,298 | +14.8% |
| Fixed assets | 21/28 | €10,673 | €16,717 | +€6,044 | +56.6% |
| Tangible fixed assets | 22/27 | €10,673 | €16,717 | +€6,044 | +56.6% |
| Plant, machinery and equipment | 23 | €260 | €6,459 | +€6,199 | +2,380% |
| Furniture and vehicles | 24 | €10,412 | €10,258 | -€154 | -1.5% |
| Current assets | 29/58 | €497,169 | €566,423 | +€69,253 | +13.9% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €32,726 | €29,169 | -€3,557 | -10.9% |
| Trade receivables | 40 | €28,050 | €23,040 | -€5,010 | -17.9% |
| Other amounts receivable | 41 | €4,676 | €6,129 | +€1,453 | +31.1% |
| Current investments | 50/53 | €228,836 | €327,561 | +€98,726 | +43.1% |
| Cash at bank and in hand | 54/58 | €157,190 | €111,040 | -€46,151 | -29.4% |
| Deferred charges and accrued income | 490/1 | €28,418 | €48,653 | +€20,235 | +71.2% |
| Total equity and liabilities | 10/49 | €507,842 | €583,140 | +€75,298 | +14.8% |
| Equity | 10/15 | €485,862 | €560,650 | +€74,788 | +15.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €479,662 | €554,450 | +€74,788 | +15.6% |
| Distributable reserves | 133 | €479,662 | €554,450 | +€74,788 | +15.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €21,980 | €22,490 | +€510 | +2.3% |
| Amounts payable within one year | 42/48 | €21,755 | €22,272 | +€518 | +2.4% |
| Trade debts | 44 | €893 | €1,925 | +€1,032 | +116% |
| Suppliers | 440/4 | €893 | €1,925 | +€1,032 | +116% |
| Taxes, remuneration and social security | 45 | €20,862 | €20,348 | -€514 | -2.5% |
| Taxes | 450/3 | €20,862 | €20,348 | -€514 | -2.5% |
| Accrued charges and deferred income | 492/3 | €225 | €218 | -€8 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,755 | €7,225 | +€1,470 | +25.5% |
| Other operating charges | 640/8 | €535 | €585 | +€50 | +9.4% |
| Gross operating margin | 9900 | €89,549 | €99,764 | +€10,215 | +11.4% |
| Operating profit (loss) | 9901 | €83,260 | €91,954 | +€8,694 | +10.4% |
| Financial income | 75/76B | €36,255 | €10,562 | -€25,693 | -70.9% |
| Recurring financial income | 75 | €36,255 | €10,562 | -€25,693 | -70.9% |
| Financial charges | 65/66B | €6,313 | €924 | -€5,388 | -85.4% |
| Recurring financial charges | 65 | €6,313 | €924 | -€5,388 | -85.4% |
| Profit (loss) for the period before taxes | 9903 | €113,202 | €101,591 | -€11,610 | -10.3% |
| Income taxes | 67/77 | €33,040 | €26,803 | -€6,237 | -18.9% |
| Profit (loss) for the period | 9904 | €80,162 | €74,788 | -€5,374 | -6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €80,162 | €74,788 | -€5,374 | -6.7% |
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 18 October 2026 via checked.be.