INVESS: 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.
INVESS
Largest movements
- Financial fixed assets +€1.1m
up €1.1m (+45.2%), from €2.5m to €3.7m
- Cash -€100,919
down €100,919 (-54.6%), from €184,987 to €84,068
mainly Investment in fixed assets (net) (-€1.1m) and Current investments (-€100,224)
- Current investments +€100,224
new in 2025: €100,224
- Debts after one year +€894,465
up €894,465 (+25.7%), from €3.5m to €4.4m
- Profit (loss) carried forward +€259,283
up €259,283 (+14.6%), from -€1.8m to -€1.5m
- Financial income +€295,856
up €295,856 (+471.4%), from €62,764 to €358,620
- Financial charges -€131,397
down €131,397 (-57.5%), from €228,663 to €97,265
of which Non-recurring financial charges: -€84,691
- Gross operating margin -€36
down €36 (-4.2%), from -€850 to -€886
- Other operating charges +€31
up €31 (+2.7%), from €1,155 to €1,185
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 | €2,728,149 | €3,877,774 | +€1.1m | +42.1% |
| Fixed assets | 21/28 | €2,541,419 | €3,690,613 | +€1.1m | +45.2% |
| Financial fixed assets | 28 | €2,541,419 | €3,690,613 | +€1.1m | +45.2% |
| Current assets | 29/58 | €186,730 | €187,161 | +€431 | +0.2% |
| Amounts receivable within one year | 40/41 | €1,743 | €2,869 | +€1,126 | +64.6% |
| Other amounts receivable | 41 | €1,743 | €2,869 | +€1,126 | +64.6% |
| Current investments | 50/53 | - | €100,224 | +€100,224 | |
| Cash at bank and in hand | 54/58 | €184,987 | €84,068 | -€100,919 | -54.6% |
| Total equity and liabilities | 10/49 | €2,728,149 | €3,877,774 | +€1.1m | +42.1% |
| Equity | 10/15 | -€752,270 | -€492,987 | +€259,283 | +34.5% |
| Contributions | 10/11 | €1,018,600 | €1,018,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,770,870 | -€1,511,587 | +€259,283 | +14.6% |
| Amounts payable | 17/49 | €3,480,419 | €4,370,761 | +€890,342 | +25.6% |
| Amounts payable after more than one year | 17 | €3,476,296 | €4,370,761 | +€894,465 | +25.7% |
| Other amounts payable | 178/9 | €3,476,296 | €4,370,761 | +€894,465 | +25.7% |
| Accrued charges and deferred income | 492/3 | €4,123 | - | -€4,123 | |
| Other operating charges | 640/8 | €1,155 | €1,185 | +€31 | +2.7% |
| Gross operating margin | 9900 | -€850 | -€886 | -€36 | -4.2% |
| Operating profit (loss) | 9901 | -€2,005 | -€2,072 | -€67 | -3.3% |
| Financial income | 75/76B | €62,764 | €358,620 | +€295,856 | +471.4% |
| Recurring financial income | 75 | €62,764 | €358,620 | +€295,856 | +471.4% |
| Financial charges | 65/66B | €228,663 | €97,265 | -€131,397 | -57.5% |
| Recurring financial charges | 65 | €143,972 | €97,265 | -€46,706 | -32.4% |
| Non-recurring financial charges | 66B | €84,691 | - | -€84,691 | |
| Profit (loss) for the period before taxes | 9903 | -€167,903 | €259,283 | +€427,187 | |
| Profit (loss) for the period | 9904 | -€167,903 | €259,283 | +€427,187 | |
| Profit (loss) for the period to be appropriated | 9905 | -€167,903 | €259,283 | +€427,187 |
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 6 October 2026 via checked.be.