INVERDIS: 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.
INVERDIS
Largest movements
- Tangible fixed assets -€140,202
no longer reported in 2025 (was €140,202)
of which Land and buildings: -€138,796
- Receivables within one year +€82,407
new in 2025: €82,407
- Debts after one year -€75,797
no longer reported in 2025 (was €75,797)
- Profit (loss) carried forward +€37,833
up €37,833 (+141%), from €26,855 to €64,688
- Other debts -€13,717
no longer reported in 2025 (was €13,717)
- Short-term financial debts -€4,209
no longer reported in 2025 (was €4,209)
- Advances received -€1,900
no longer reported in 2025 (was €1,900)
- Gross operating margin -€6,620
down €6,620, from €5,232 to -€1,388
- Financial charges -€2,253
no longer reported in 2025 (was €2,253)
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €140,202 | €82,413 | -€57,790 | -41.2% |
| Fixed assets | 21/28 | €140,202 | - | -€140,202 | |
| Tangible fixed assets | 22/27 | €140,202 | - | -€140,202 | |
| Land and buildings | 22 | €138,796 | - | -€138,796 | |
| Plant, machinery and equipment | 23 | €314 | - | -€314 | |
| Other tangible fixed assets | 26 | €1,093 | - | -€1,093 | |
| Current assets | 29/58 | - | €82,413 | +€82,413 | |
| Amounts receivable within one year | 40/41 | - | €82,407 | +€82,407 | |
| Other amounts receivable | 41 | - | €82,407 | +€82,407 | |
| Cash at bank and in hand | 54/58 | - | €6 | +€6 | |
| Total equity and liabilities | 10/49 | €140,202 | €82,413 | -€57,790 | -41.2% |
| Equity | 10/15 | €44,579 | €82,413 | +€37,833 | +84.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €11,525 | €11,525 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €9,665 | €9,665 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,855 | €64,688 | +€37,833 | +141% |
| Amounts payable | 17/49 | €95,623 | - | -€95,623 | |
| Amounts payable after more than one year | 17 | €75,797 | - | -€75,797 | |
| Financial debts | 170/4 | €75,797 | - | -€75,797 | |
| Amounts payable within one year | 42/48 | €19,825 | - | -€19,825 | |
| Financial debts | 43 | €4,209 | - | -€4,209 | |
| Credit institutions | 430/8 | €4,209 | - | -€4,209 | |
| Advances received on contracts in progress | 46 | €1,900 | - | -€1,900 | |
| Other amounts payable | 47/48 | €13,717 | - | -€13,717 | |
| Gross operating margin | 9900 | €5,232 | -€1,388 | -€6,620 | |
| Operating profit (loss) | 9901 | €5,232 | -€1,388 | -€6,620 | |
| Financial charges | 65/66B | €2,253 | - | -€2,253 | |
| Recurring financial charges | 65 | €2,253 | - | -€2,253 | |
| Profit (loss) for the period before taxes | 9903 | €2,979 | -€1,388 | -€4,367 | |
| Profit (loss) for the period | 9904 | €2,979 | -€1,388 | -€4,367 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,979 | -€1,388 | -€4,367 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.