INVESOL: 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.
INVESOL
Largest movements
- Current investments -€548,653
down €548,653 (-25.8%), from €2.1m to €1.6m
- Cash +€510,873
up €510,873 (+320.0%), from €159,652 to €670,525
mainly Current investments (+€548,653) and Net result for the year (+€14,087)
- Receivables after one year +€50,000
up €50,000 (+20.0%), from €250,000 to €300,000
No liability line moved by more than 1% of the balance sheet total.
- Financial charges -€100,314
down €100,314 (-57.9%), from €173,111 to €72,797
- Financial income -€21,689
down €21,689 (-18.1%), from €119,801 to €98,111
- Gross operating margin +€797
up €797 (+7.6%), from -€10,461 to -€9,663
- Other operating charges +€459
up €459 (+41.5%), from €1,105 to €1,563
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 | €2,552,685 | €2,565,547 | +€12,862 | +0.5% |
| Current assets | 29/58 | €2,552,685 | €2,565,547 | +€12,862 | +0.5% |
| Amounts receivable after more than one year | 29 | €250,000 | €300,000 | +€50,000 | +20.0% |
| Other amounts receivable | 291 | €250,000 | €300,000 | +€50,000 | +20.0% |
| Amounts receivable within one year | 40/41 | €276 | €596 | +€320 | +116.1% |
| Other amounts receivable | 41 | €276 | €596 | +€320 | +116.1% |
| Current investments | 50/53 | €2,126,283 | €1,577,631 | -€548,653 | -25.8% |
| Cash at bank and in hand | 54/58 | €159,652 | €670,525 | +€510,873 | +320.0% |
| Deferred charges and accrued income | 490/1 | €16,474 | €16,795 | +€322 | +2.0% |
| Total equity and liabilities | 10/49 | €2,552,685 | €2,565,547 | +€12,862 | +0.5% |
| Equity | 10/15 | €2,545,624 | €2,559,711 | +€14,087 | +0.6% |
| Contributions | 10/11 | €3,995,787 | €3,995,787 | = | 0.0% |
| Capital | 10 | €3,995,787 | €3,995,787 | = | 0.0% |
| Issued capital | 100 | €3,995,787 | €3,995,787 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,450,163 | -€1,436,076 | +€14,087 | +1.0% |
| Amounts payable | 17/49 | €7,061 | €5,836 | -€1,225 | -17.3% |
| Amounts payable within one year | 42/48 | €6,995 | €5,594 | -€1,401 | -20.0% |
| Financial debts | 43 | €1,602 | - | -€1,602 | |
| Credit institutions | 430/8 | €1,602 | - | -€1,602 | |
| Other amounts payable | 47/48 | €5,393 | €5,594 | +€201 | +3.7% |
| Accrued charges and deferred income | 492/3 | €66 | €242 | +€176 | +268.2% |
| Other operating charges | 640/8 | €1,105 | €1,563 | +€459 | +41.5% |
| Gross operating margin | 9900 | -€10,461 | -€9,663 | +€797 | +7.6% |
| Operating profit (loss) | 9901 | -€11,565 | -€11,227 | +€339 | +2.9% |
| Financial income | 75/76B | €119,801 | €98,111 | -€21,689 | -18.1% |
| Recurring financial income | 75 | €119,801 | €98,111 | -€21,689 | -18.1% |
| Financial charges | 65/66B | €173,111 | €72,797 | -€100,314 | -57.9% |
| Recurring financial charges | 65 | €173,111 | €72,797 | -€100,314 | -57.9% |
| Profit (loss) for the period before taxes | 9903 | -€64,876 | €14,087 | +€78,963 | |
| Profit (loss) for the period | 9904 | -€64,876 | €14,087 | +€78,963 | |
| Profit (loss) for the period to be appropriated | 9905 | -€64,876 | €14,087 | +€78,963 |
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.