INVENTIVE IT: 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.
INVENTIVE IT
Largest movements
- Tangible fixed assets -€22,805
down €22,805 (-24.5%), from €92,919 to €70,114
of which Land and buildings: -€22,950
- Reserves +€80,844
up €80,844 (+71.5%), from €113,037 to €193,881
of which Distributable reserves: +€80,844
- Profit (loss) carried forward -€71,844
down €71,844 (-100%), from €71,844 to €0
- Current portion of long-term debt -€21,502
down €21,502 (-60.3%), from €35,678 to €14,176
- Trade debts +€14,255
up €14,255 (+2,502%), from €570 to €14,825
- Debts after one year -€14,176
down €14,176 (-11.2%), from €126,070 to €111,893
- Gross operating margin +€15,431
up €15,431 (+62.2%), from €24,806 to €40,237
- Financial charges +€552
up €552 (+10.9%), from €5,043 to €5,595
- Other operating charges +€547
up €547 (+47.3%), from €1,158 to €1,705
- Financial income -€443
down €443 (-7.7%), from €5,723 to €5,280
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 | €403,629 | €380,585 | -€23,044 | -5.7% |
| Fixed assets | 21/28 | €162,919 | €140,114 | -€22,805 | -14.0% |
| Tangible fixed assets | 22/27 | €92,919 | €70,114 | -€22,805 | -24.5% |
| Land and buildings | 22 | €72,651 | €49,701 | -€22,950 | -31.6% |
| Furniture and vehicles | 24 | €1,717 | €1,862 | +€145 | +8.5% |
| Other tangible fixed assets | 26 | €18,551 | €18,551 | = | 0.0% |
| Financial fixed assets | 28 | €70,000 | €70,000 | = | 0.0% |
| Current assets | 29/58 | €240,711 | €240,472 | -€239 | -0.1% |
| Amounts receivable within one year | 40/41 | €235,424 | €234,342 | -€1,082 | -0.5% |
| Trade receivables | 40 | €66,910 | €44,341 | -€22,569 | -33.7% |
| Other amounts receivable | 41 | €168,514 | €190,001 | +€21,487 | +12.8% |
| Cash at bank and in hand | 54/58 | €5,286 | €4,617 | -€670 | -12.7% |
| Deferred charges and accrued income | 490/1 | €0 | €1,513 | +€1,513 | |
| Total equity and liabilities | 10/49 | €403,629 | €380,585 | -€23,044 | -5.7% |
| Equity | 10/15 | €203,481 | €212,481 | +€9,001 | +4.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €113,037 | €193,881 | +€80,844 | +71.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €2,803 | €2,803 | = | 0.0% |
| Distributable reserves | 133 | €110,234 | €191,078 | +€80,844 | +73.3% |
| Profit (loss) carried forward | 14 | €71,844 | €0 | -€71,844 | -100% |
| Amounts payable | 17/49 | €200,148 | €168,104 | -€32,044 | -16.0% |
| Amounts payable after more than one year | 17 | €126,070 | €111,893 | -€14,176 | -11.2% |
| Financial debts | 170/4 | €126,070 | €111,893 | -€14,176 | -11.2% |
| Amounts payable within one year | 42/48 | €63,939 | €54,855 | -€9,084 | -14.2% |
| Current portion of amounts payable after more than one year | 42 | €35,678 | €14,176 | -€21,502 | -60.3% |
| Financial debts | 43 | €13,347 | €18,159 | +€4,812 | +36.1% |
| Credit institutions | 430/8 | €13,347 | €18,159 | +€4,812 | +36.1% |
| Trade debts | 44 | €570 | €14,825 | +€14,255 | +2,502% |
| Suppliers | 440/4 | €570 | €14,825 | +€14,255 | +2,502% |
| Taxes, remuneration and social security | 45 | €14,344 | €7,695 | -€6,649 | -46.4% |
| Taxes | 450/3 | €14,344 | €7,695 | -€6,649 | -46.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €10,140 | €1,356 | -€8,784 | -86.6% |
| Non-recurring operating income | 76A | - | €1,321 | +€1,321 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,482 | €23,796 | +€314 | +1.3% |
| Other operating charges | 640/8 | €1,158 | €1,705 | +€547 | +47.3% |
| Gross operating margin | 9900 | €24,806 | €40,237 | +€15,431 | +62.2% |
| Operating profit (loss) | 9901 | €167 | €14,736 | +€14,569 | +8,736% |
| Financial income | 75/76B | €5,723 | €5,280 | -€443 | -7.7% |
| Recurring financial income | 75 | €5,723 | €5,280 | -€443 | -7.7% |
| Financial charges | 65/66B | €5,043 | €5,595 | +€552 | +10.9% |
| Recurring financial charges | 65 | €5,043 | €5,595 | +€552 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | €847 | €14,422 | +€13,575 | +1,602% |
| Income taxes | 67/77 | €5,096 | €5,422 | +€326 | +6.4% |
| Profit (loss) for the period | 9904 | -€4,249 | €9,001 | +€13,249 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,249 | €9,001 | +€13,249 |
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 31 October 2026 via checked.be.