INVENIT: 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.
INVENIT
Largest movements
- Current investments +€134,804
new in 2025: €134,804
- Cash -€50,982
down €50,982 (-8.0%), from €634,858 to €583,877
mainly Current investments (-€134,804) and Tax, wage and social debts (-€3,862)
- Tangible fixed assets -€10,167
down €10,167 (-31.4%), from €32,382 to €22,215
of which Furniture and vehicles: -€9,084
- Reserves +€77,397
up €77,397 (+11.6%), from €669,903 to €747,301
of which Distributable reserves: +€77,397
- Gross operating margin -€11,767
down €11,767 (-8.9%), from €132,339 to €120,572
- Financial income +€2,927
up €2,927 (+198.8%), from €1,472 to €4,399
- Taxes -€2,763
down €2,763 (-7.0%), from €39,269 to €36,506
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 | €686,223 | €761,207 | +€74,984 | +10.9% |
| Fixed assets | 21/28 | €32,382 | €22,215 | -€10,167 | -31.4% |
| Tangible fixed assets | 22/27 | €32,382 | €22,215 | -€10,167 | -31.4% |
| Plant, machinery and equipment | 23 | €3,439 | €2,356 | -€1,083 | -31.5% |
| Furniture and vehicles | 24 | €28,943 | €19,859 | -€9,084 | -31.4% |
| Current assets | 29/58 | €653,841 | €738,992 | +€85,150 | +13.0% |
| Amounts receivable within one year | 40/41 | €16,629 | €17,802 | +€1,173 | +7.1% |
| Trade receivables | 40 | €14,792 | €14,792 | = | 0.0% |
| Other amounts receivable | 41 | €1,837 | €3,010 | +€1,173 | +63.9% |
| Current investments | 50/53 | - | €134,804 | +€134,804 | |
| Cash at bank and in hand | 54/58 | €634,858 | €583,877 | -€50,982 | -8.0% |
| Deferred charges and accrued income | 490/1 | €2,354 | €2,509 | +€155 | +6.6% |
| Total equity and liabilities | 10/49 | €686,223 | €761,207 | +€74,984 | +10.9% |
| Equity | 10/15 | €679,822 | €757,219 | +€77,397 | +11.4% |
| Contributions | 10/11 | €9,918 | €9,918 | = | 0.0% |
| Reserves | 13 | €669,903 | €747,301 | +€77,397 | +11.6% |
| Tax-exempt reserves | 132 | €155 | €155 | = | 0.0% |
| Distributable reserves | 133 | €669,748 | €747,146 | +€77,397 | +11.6% |
| Amounts payable | 17/49 | €6,402 | €3,988 | -€2,414 | -37.7% |
| Amounts payable within one year | 42/48 | €6,402 | €3,988 | -€2,414 | -37.7% |
| Trade debts | 44 | €756 | €2,204 | +€1,448 | +191.5% |
| Suppliers | 440/4 | €756 | €2,204 | +€1,448 | +191.5% |
| Taxes, remuneration and social security | 45 | €5,646 | €1,784 | -€3,862 | -68.4% |
| Taxes | 450/3 | €5,646 | €1,784 | -€3,862 | -68.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,536 | €10,167 | -€369 | -3.5% |
| Other operating charges | 640/8 | €535 | €550 | +€14 | +2.7% |
| Non-recurring operating charges | 66A | €59 | €249 | +€190 | +322.5% |
| Gross operating margin | 9900 | €132,339 | €120,572 | -€11,767 | -8.9% |
| Operating profit (loss) | 9901 | €121,208 | €109,606 | -€11,602 | -9.6% |
| Financial income | 75/76B | €1,472 | €4,399 | +€2,927 | +198.8% |
| Recurring financial income | 75 | €1,472 | €4,399 | +€2,927 | +198.8% |
| Financial charges | 65/66B | €106 | €101 | -€5 | -4.4% |
| Recurring financial charges | 65 | €106 | €101 | -€5 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €122,574 | €113,903 | -€8,671 | -7.1% |
| Income taxes | 67/77 | €39,269 | €36,506 | -€2,763 | -7.0% |
| Profit (loss) for the period | 9904 | €83,305 | €77,397 | -€5,908 | -7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €83,305 | €77,397 | -€5,908 | -7.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.