INVENSA: 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.
INVENSA
Largest movements
- Tangible fixed assets +€9,021
up €9,021 (+635%), from €1,419 to €10,440
- Receivables within one year -€6,704
down €6,704 (-14.2%), from €47,303 to €40,599
of which Trade receivables: -€6,704
- Cash +€4,679
up €4,679 (+45.6%), from €10,250 to €14,929
mainly Trade debts (+€13,293) and Debts after one year (+€12,649)
- Deferred charges and accrued income +€954
up €954 (+33.4%), from €2,857 to €3,811
- Other debts -€14,000
down €14,000 (-65.2%), from €21,472 to €7,472
- Trade debts +€13,293
up €13,293 (+137%), from €9,681 to €22,975
- Debts after one year +€12,649
new in 2025: €12,649
- Advances received -€5,176
down €5,176 (-100%), from €5,176 to €0
- Current portion of long-term debt +€4,938
new in 2025: €4,938
- Gross operating margin -€21,641
down €21,641 (-67.6%), from €32,016 to €10,375
- Financial charges +€1,023
up €1,023 (+177%), from €577 to €1,600
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 | €64,612 | €72,562 | +€7,949 | +12.3% |
| Fixed assets | 21/28 | €4,202 | €13,222 | +€9,021 | +215% |
| Tangible fixed assets | 22/27 | €1,419 | €10,440 | +€9,021 | +635% |
| Furniture and vehicles | 24 | €1,419 | €10,440 | +€9,021 | +635% |
| Financial fixed assets | 28 | €2,783 | €2,783 | = | 0.0% |
| Current assets | 29/58 | €60,410 | €59,339 | -€1,071 | -1.8% |
| Amounts receivable within one year | 40/41 | €47,303 | €40,599 | -€6,704 | -14.2% |
| Trade receivables | 40 | €47,303 | €40,599 | -€6,704 | -14.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €10,250 | €14,929 | +€4,679 | +45.6% |
| Deferred charges and accrued income | 490/1 | €2,857 | €3,811 | +€954 | +33.4% |
| Total equity and liabilities | 10/49 | €64,612 | €72,562 | +€7,949 | +12.3% |
| Equity | 10/15 | €22,087 | €22,233 | +€147 | +0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,627 | €1,773 | +€147 | +9.0% |
| Amounts payable | 17/49 | €42,526 | €50,328 | +€7,802 | +18.3% |
| Amounts payable after more than one year | 17 | - | €12,649 | +€12,649 | |
| Financial debts | 170/4 | - | €12,649 | +€12,649 | |
| Amounts payable within one year | 42/48 | €42,526 | €37,679 | -€4,847 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | - | €4,938 | +€4,938 | |
| Trade debts | 44 | €9,681 | €22,975 | +€13,293 | +137% |
| Suppliers | 440/4 | €9,681 | €22,975 | +€13,293 | +137% |
| Advances received on contracts in progress | 46 | €5,176 | €0 | -€5,176 | -100% |
| Taxes, remuneration and social security | 45 | €6,196 | €2,293 | -€3,903 | -63.0% |
| Taxes | 450/3 | €6,196 | €2,293 | -€3,903 | -63.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €21,472 | €7,472 | -€14,000 | -65.2% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,399 | €1,180 | -€220 | -15.7% |
| Other operating charges | 640/8 | €446 | €449 | +€3 | +0.6% |
| Gross operating margin | 9900 | €32,016 | €10,375 | -€21,641 | -67.6% |
| Operating profit (loss) | 9901 | €30,170 | €8,746 | -€21,424 | -71.0% |
| Financial income | 75/76B | €13 | €1 | -€12 | -93.6% |
| Recurring financial income | 75 | €13 | €1 | -€12 | -93.6% |
| Financial charges | 65/66B | €577 | €1,600 | +€1,023 | +177% |
| Recurring financial charges | 65 | €577 | €1,600 | +€1,023 | +177% |
| Profit (loss) for the period before taxes | 9903 | €29,606 | €7,147 | -€22,459 | -75.9% |
| Profit (loss) for the period | 9904 | €29,606 | €7,147 | -€22,459 | -75.9% |
| Profit (loss) for the period to be appropriated | 9905 | €29,606 | €7,147 | -€22,459 | -75.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.