INVENTIVES: 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.
INVENTIVES
Largest movements
- Cash +€3,487
up €3,487 (+16.2%), from €21,531 to €25,018
mainly Net result for the year (+€2,446) and Receivables within one year (+€802)
- Receivables within one year -€802
down €802 (-9.6%), from €8,336 to €7,534
of which Other amounts receivable: -€645
- Profit (loss) carried forward +€2,446
up €2,446 (+15.5%), from -€15,833 to -€13,387
- Gross operating margin +€31,278
up €31,278, from -€28,396 to €2,881
- Other operating charges -€502
down €502 (-55.7%), from €901 to €400
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 | €29,867 | €32,552 | +€2,685 | +9.0% |
| Current assets | 29/58 | €29,867 | €32,552 | +€2,685 | +9.0% |
| Amounts receivable within one year | 40/41 | €8,336 | €7,534 | -€802 | -9.6% |
| Trade receivables | 40 | €540 | €382 | -€157 | -29.2% |
| Other amounts receivable | 41 | €7,796 | €7,152 | -€645 | -8.3% |
| Cash at bank and in hand | 54/58 | €21,531 | €25,018 | +€3,487 | +16.2% |
| Total equity and liabilities | 10/49 | €29,867 | €32,552 | +€2,685 | +9.0% |
| Equity | 10/15 | €29,867 | €32,313 | +€2,446 | +8.2% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €700 | €700 | = | 0.0% |
| Distributable reserves | 133 | €700 | €700 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,833 | -€13,387 | +€2,446 | +15.5% |
| Amounts payable | 17/49 | - | €239 | +€239 | |
| Amounts payable within one year | 42/48 | - | €239 | +€239 | |
| Trade debts | 44 | - | €239 | +€239 | |
| Suppliers | 440/4 | - | €239 | +€239 | |
| Other operating charges | 640/8 | €901 | €400 | -€502 | -55.7% |
| Gross operating margin | 9900 | -€28,396 | €2,881 | +€31,278 | |
| Operating profit (loss) | 9901 | -€29,298 | €2,482 | +€31,780 | |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €42 | €45 | +€3 | +8.1% |
| Recurring financial charges | 65 | €42 | €45 | +€3 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | -€29,339 | €2,446 | +€31,786 | |
| Profit (loss) for the period | 9904 | -€29,339 | €2,446 | +€31,786 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,339 | €2,446 | +€31,786 |
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 11 October 2026 via checked.be.