INVENTICO: 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.
INVENTICO
Largest movements
- Current investments +€18,171
up €18,171 (+81.0%), from €22,444 to €40,615
- Cash -€2,229
down €2,229 (-4.5%), from €50,005 to €47,776
mainly Current investments (-€18,171) and Investment in fixed assets (net) (-€8,074)
- Receivables within one year -€2,041
down €2,041 (-20.2%), from €10,093 to €8,051
of which Trade receivables: -€2,558
- Tangible fixed assets +€2,016
up €2,016 (+14.1%), from €14,278 to €16,294
- Reserves +€20,111
up €20,111 (+29.6%), from €67,934 to €88,044
- Contributions +€12,400
up €12,400 (+200%), from €6,200 to €18,600
- Tax, wage and social debts -€5,402
down €5,402 (-55.7%), from €9,697 to €4,295
of which Taxes: -€5,356
- Trade debts -€3,731
down €3,731 (-86.9%), from €4,294 to €563
- Other debts -€3,381
down €3,381 (-63.1%), from €5,359 to €1,978
- Gross operating margin +€6,178
up €6,178 (+22.3%), from €27,705 to €33,883
- Financial income -€5,291
down €5,291 (-85.8%), from €6,168 to €876
of which Non-recurring financial income: -€5,911
- Depreciation +€3,145
up €3,145 (+108%), from €2,913 to €6,058
- Financial charges -€683
down €683 (-24.7%), from €2,762 to €2,079
- Taxes -€473
down €473 (-7.7%), from €6,154 to €5,681
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 | €101,394 | €116,539 | +€15,145 | +14.9% |
| Fixed assets | 21/28 | €14,278 | €16,294 | +€2,016 | +14.1% |
| Tangible fixed assets | 22/27 | €14,278 | €16,294 | +€2,016 | +14.1% |
| Furniture and vehicles | 24 | €14,278 | €16,294 | +€2,016 | +14.1% |
| Current assets | 29/58 | €87,116 | €100,245 | +€13,129 | +15.1% |
| Amounts receivable within one year | 40/41 | €10,093 | €8,051 | -€2,041 | -20.2% |
| Trade receivables | 40 | €10,093 | €7,535 | -€2,558 | -25.3% |
| Other amounts receivable | 41 | - | €516 | +€516 | |
| Current investments | 50/53 | €22,444 | €40,615 | +€18,171 | +81.0% |
| Cash at bank and in hand | 54/58 | €50,005 | €47,776 | -€2,229 | -4.5% |
| Deferred charges and accrued income | 490/1 | €4,574 | €3,803 | -€771 | -16.9% |
| Total equity and liabilities | 10/49 | €101,394 | €116,539 | +€15,145 | +14.9% |
| Equity | 10/15 | €74,134 | €106,644 | +€32,511 | +43.9% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200% |
| Reserves | 13 | €67,934 | €88,044 | +€20,111 | +29.6% |
| Distributable reserves | 133 | €67,934 | €88,044 | +€20,111 | +29.6% |
| Amounts payable | 17/49 | €27,260 | €9,895 | -€17,365 | -63.7% |
| Amounts payable after more than one year | 17 | €2,980 | €0 | -€2,980 | -100% |
| Financial debts | 170/4 | €2,980 | €0 | -€2,980 | -100% |
| Amounts payable within one year | 42/48 | €24,280 | €9,816 | -€14,464 | -59.6% |
| Current portion of amounts payable after more than one year | 42 | €4,930 | €2,980 | -€1,950 | -39.6% |
| Trade debts | 44 | €4,294 | €563 | -€3,731 | -86.9% |
| Suppliers | 440/4 | €4,294 | €563 | -€3,731 | -86.9% |
| Taxes, remuneration and social security | 45 | €9,697 | €4,295 | -€5,402 | -55.7% |
| Taxes | 450/3 | €6,947 | €1,591 | -€5,356 | -77.1% |
| Remuneration and social security | 454/9 | €2,750 | €2,704 | -€46 | -1.7% |
| Other amounts payable | 47/48 | €5,359 | €1,978 | -€3,381 | -63.1% |
| Accrued charges and deferred income | 492/3 | - | €79 | +€79 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,913 | €6,058 | +€3,145 | +108% |
| Other operating charges | 640/8 | €875 | €830 | -€44 | -5.1% |
| Gross operating margin | 9900 | €27,705 | €33,883 | +€6,178 | +22.3% |
| Operating profit (loss) | 9901 | €23,918 | €26,995 | +€3,077 | +12.9% |
| Financial income | 75/76B | €6,168 | €876 | -€5,291 | -85.8% |
| Recurring financial income | 75 | €38 | €657 | +€619 | +1,630% |
| Non-recurring financial income | 76B | €6,130 | €219 | -€5,911 | -96.4% |
| Financial charges | 65/66B | €2,762 | €2,079 | -€683 | -24.7% |
| Recurring financial charges | 65 | €2,762 | €2,079 | -€683 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €27,323 | €25,791 | -€1,532 | -5.6% |
| Income taxes | 67/77 | €6,154 | €5,681 | -€473 | -7.7% |
| Profit (loss) for the period | 9904 | €21,169 | €20,111 | -€1,059 | -5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,169 | €20,111 | -€1,059 | -5.0% |
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 16 October 2026 via checked.be.