INVENTUM +: 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.
INVENTUM +
Largest movements
- Receivables within one year -€17,659
down €17,659 (-71.6%), from €24,676 to €7,017
of which Trade receivables: -€23,370
- Stocks and contracts +€9,185
up €9,185 (+8.3%), from €111,229 to €120,414
- Cash +€7,718
up €7,718 (+42.3%), from €18,249 to €25,967
mainly Receivables within one year (+€17,659) and Net result for the year (+€3,084)
- Tax, wage and social debts -€3,981
down €3,981 (-42.4%), from €9,401 to €5,420
- Reserves +€3,000
up €3,000 (+2.8%), from €107,004 to €110,004
of which Distributable reserves: +€3,000
- Gross operating margin -€12,303
down €12,303 (-70.6%), from €17,434 to €5,130
- Taxes -€3,992
down €3,992 (-73.7%), from €5,420 to €1,428
- Depreciation -€684
down €684 (-76.5%), from €894 to €210
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 | €156,243 | €155,658 | -€586 | -0.4% |
| Fixed assets | 21/28 | €210 | €0 | -€210 | -100.0% |
| Tangible fixed assets | 22/27 | €210 | €0 | -€210 | -100.0% |
| Plant, machinery and equipment | 23 | €210 | €0 | -€210 | -100.0% |
| Current assets | 29/58 | €156,033 | €155,658 | -€375 | -0.2% |
| Stocks and contracts in progress | 3 | €111,229 | €120,414 | +€9,185 | +8.3% |
| Contracts in progress | 37 | €111,229 | €120,414 | +€9,185 | +8.3% |
| Amounts receivable within one year | 40/41 | €24,676 | €7,017 | -€17,659 | -71.6% |
| Trade receivables | 40 | €24,576 | €1,206 | -€23,370 | -95.1% |
| Other amounts receivable | 41 | €100 | €5,811 | +€5,711 | +5710.8% |
| Cash at bank and in hand | 54/58 | €18,249 | €25,967 | +€7,718 | +42.3% |
| Deferred charges and accrued income | 490/1 | €1,879 | €2,260 | +€381 | +20.3% |
| Total equity and liabilities | 10/49 | €156,243 | €155,658 | -€586 | -0.4% |
| Equity | 10/15 | €132,172 | €135,256 | +€3,084 | +2.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €107,004 | €110,004 | +€3,000 | +2.8% |
| Tax-exempt reserves | 132 | €18,924 | €18,924 | = | 0.0% |
| Distributable reserves | 133 | €88,080 | €91,080 | +€3,000 | +3.4% |
| Profit (loss) carried forward | 14 | €168 | €252 | +€84 | +50.0% |
| Amounts payable | 17/49 | €24,071 | €20,401 | -€3,670 | -15.2% |
| Amounts payable within one year | 42/48 | €24,071 | €20,401 | -€3,670 | -15.2% |
| Trade debts | 44 | €14,670 | €14,982 | +€312 | +2.1% |
| Suppliers | 440/4 | €14,670 | €14,982 | +€312 | +2.1% |
| Taxes, remuneration and social security | 45 | €9,401 | €5,420 | -€3,981 | -42.4% |
| Taxes | 450/3 | €9,401 | €5,420 | -€3,981 | -42.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €894 | €210 | -€684 | -76.5% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €17,434 | €5,130 | -€12,303 | -70.6% |
| Operating profit (loss) | 9901 | €16,152 | €4,520 | -€11,632 | -72.0% |
| Financial income | 75/76B | €1 | €37 | +€36 | +4446.9% |
| Recurring financial income | 75 | €1 | €37 | +€36 | +4446.9% |
| Financial charges | 65/66B | €147 | €45 | -€102 | -69.4% |
| Recurring financial charges | 65 | €147 | €45 | -€102 | -69.4% |
| Profit (loss) for the period before taxes | 9903 | €16,006 | €4,512 | -€11,494 | -71.8% |
| Income taxes | 67/77 | €5,420 | €1,428 | -€3,992 | -73.7% |
| Profit (loss) for the period | 9904 | €10,587 | €3,084 | -€7,502 | -70.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,587 | €3,084 | -€7,502 | -70.9% |
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 3 October 2026 via checked.be.