Invessimo: 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.
Invessimo
Largest movements
- Tangible fixed assets +€60,510
new in 2026: €60,510
of which Furniture and vehicles: +€43,834
- Cash +€19,583
up €19,583 (+14.3%), from €137,045 to €156,628
mainly Net result for the year (+€207,949) and Depreciation (+€13,043)
- Receivables within one year +€14,522
up €14,522 (+110.3%), from €13,164 to €27,686
of which Trade receivables: +€13,431
- Reserves +€158,042
up €158,042 (+18.4%), from €859,233 to €1.0m
- Debts after one year -€71,736
down €71,736 (-28.3%), from €253,857 to €182,121
- Financial income +€93,549
up €93,549 (+87.9%), from €106,451 to €200,000
- Gross operating margin +€17,192
up €17,192 (+44.0%), from €39,088 to €56,280
- Depreciation +€12,878
up €12,878 (+7804.8%), from €165 to €13,043
- Taxes +€8,262
up €8,262 (+36.7%), from €22,527 to €30,789
- Financial charges -€685
down €685 (-18.8%), from €3,635 to €2,950
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,196,515 | €1,291,999 | +€95,484 | +8.0% |
| Fixed assets | 21/28 | €1,046,306 | €1,106,816 | +€60,510 | +5.8% |
| Tangible fixed assets | 22/27 | - | €60,510 | +€60,510 | |
| Furniture and vehicles | 24 | - | €43,834 | +€43,834 | |
| Other tangible fixed assets | 26 | - | €16,676 | +€16,676 | |
| Financial fixed assets | 28 | €1,046,306 | €1,046,306 | = | 0.0% |
| Current assets | 29/58 | €150,209 | €185,183 | +€34,974 | +23.3% |
| Amounts receivable within one year | 40/41 | €13,164 | €27,686 | +€14,522 | +110.3% |
| Trade receivables | 40 | €10,769 | €24,200 | +€13,431 | +124.7% |
| Other amounts receivable | 41 | €2,395 | €3,486 | +€1,091 | +45.6% |
| Cash at bank and in hand | 54/58 | €137,045 | €156,628 | +€19,583 | +14.3% |
| Deferred charges and accrued income | 490/1 | - | €869 | +€869 | |
| Total equity and liabilities | 10/49 | €1,196,515 | €1,291,999 | +€95,484 | +8.0% |
| Equity | 10/15 | €859,233 | €1,017,275 | +€158,042 | +18.4% |
| Reserves | 13 | €859,233 | €1,017,275 | +€158,042 | +18.4% |
| Distributable reserves | 133 | €859,233 | €1,017,275 | +€158,042 | +18.4% |
| Amounts payable | 17/49 | €337,282 | €274,724 | -€62,558 | -18.5% |
| Amounts payable after more than one year | 17 | €253,857 | €182,121 | -€71,736 | -28.3% |
| Financial debts | 170/4 | €253,857 | €182,121 | -€71,736 | -28.3% |
| Amounts payable within one year | 42/48 | €83,425 | €92,603 | +€9,178 | +11.0% |
| Current portion of amounts payable after more than one year | 42 | €71,106 | €71,736 | +€630 | +0.9% |
| Trade debts | 44 | €135 | €182 | +€47 | +34.8% |
| Suppliers | 440/4 | €135 | €182 | +€47 | +34.8% |
| Taxes, remuneration and social security | 45 | €12,184 | €20,685 | +€8,501 | +69.8% |
| Taxes | 450/3 | €12,184 | €20,685 | +€8,501 | +69.8% |
| Non-recurring operating income | 76A | - | €7,025 | +€7,025 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €165 | €13,043 | +€12,878 | +7804.8% |
| Other operating charges | 640/8 | €1,507 | €1,549 | +€42 | +2.8% |
| Gross operating margin | 9900 | €39,088 | €56,280 | +€17,192 | +44.0% |
| Operating profit (loss) | 9901 | €37,416 | €41,688 | +€4,272 | +11.4% |
| Financial income | 75/76B | €106,451 | €200,000 | +€93,549 | +87.9% |
| Recurring financial income | 75 | €106,451 | €200,000 | +€93,549 | +87.9% |
| Financial charges | 65/66B | €3,635 | €2,950 | -€685 | -18.8% |
| Recurring financial charges | 65 | €3,635 | €2,950 | -€685 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €140,232 | €238,738 | +€98,506 | +70.2% |
| Income taxes | 67/77 | €22,527 | €30,789 | +€8,262 | +36.7% |
| Profit (loss) for the period | 9904 | €117,705 | €207,949 | +€90,244 | +76.7% |
| Profit (loss) for the period to be appropriated | 9905 | €117,705 | €207,949 | +€90,244 | +76.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.