Invest 4 Future: 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.
Invest 4 Future
Largest movements
- Stocks and contracts -€1.2m
no longer reported in 2025 (was €1.2m)
- Receivables after one year +€135,551
up €135,551 (+247%), from €54,809 to €190,360
- Receivables within one year +€91,894
up €91,894 (+1,474%), from €6,234 to €98,128
of which Trade receivables: +€94,941
- Tangible fixed assets -€30,576
down €30,576 (-3.5%), from €874,598 to €844,022
of which Land and buildings: -€30,576
- Debts after one year -€767,902
down €767,902 (-48.9%), from €1.6m to €801,695
- Other debts -€250,565
down €250,565 (-65.4%), from €383,065 to €132,500
- Profit (loss) carried forward +€75,871
up €75,871 (+119%), from €63,839 to €139,710
- Tax, wage and social debts -€29,870
down €29,870 (-53.9%), from €55,427 to €25,556
of which Remuneration and social security: -€50,695
- Gross operating margin +€68,422
up €68,422 (+35.1%), from €195,197 to €263,619
- Staff costs +€40,443
up €40,443 (+807%), from €5,012 to €45,455
- Financial charges -€37,499
down €37,499 (-30.6%), from €122,555 to €85,056
- Taxes +€14,012
up €14,012 (+206%), from €6,813 to €20,825
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.
Derived cash bridge
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 | €2,140,843 | €1,153,187 | -€987,655 | -46.1% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €894,598 | €864,022 | -€30,576 | -3.4% |
| Tangible fixed assets | 22/27 | €874,598 | €844,022 | -€30,576 | -3.5% |
| Land and buildings | 22 | €874,598 | €844,022 | -€30,576 | -3.5% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €20,000 | €20,000 | = | 0.0% |
| Current assets | 29/58 | €1,246,245 | €289,166 | -€957,079 | -76.8% |
| Amounts receivable after more than one year | 29 | €54,809 | €190,360 | +€135,551 | +247% |
| Other amounts receivable | 291 | €54,809 | €190,360 | +€135,551 | +247% |
| Stocks and contracts in progress | 3 | €1,183,843 | - | -€1.2m | |
| Stocks | 30/36 | €1,183,843 | - | -€1.2m | |
| Amounts receivable within one year | 40/41 | €6,234 | €98,128 | +€91,894 | +1,474% |
| Trade receivables | 40 | - | €94,941 | +€94,941 | |
| Other amounts receivable | 41 | €6,234 | €3,187 | -€3,046 | -48.9% |
| Cash at bank and in hand | 54/58 | €701 | €20 | -€681 | -97.1% |
| Deferred charges and accrued income | 490/1 | €658 | €658 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,140,843 | €1,153,187 | -€987,655 | -46.1% |
| Equity | 10/15 | €70,039 | €145,910 | +€75,871 | +108% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,839 | €139,710 | +€75,871 | +119% |
| Amounts payable | 17/49 | €2,070,804 | €1,007,278 | -€1.1m | -51.4% |
| Amounts payable after more than one year | 17 | €1,569,597 | €801,695 | -€767,902 | -48.9% |
| Financial debts | 170/4 | €1,569,597 | €801,695 | -€767,902 | -48.9% |
| Amounts payable within one year | 42/48 | €501,206 | €205,582 | -€295,624 | -59.0% |
| Financial debts | 43 | €3,396 | - | -€3,396 | |
| Other loans | 439 | €3,396 | - | -€3,396 | |
| Trade debts | 44 | €59,319 | €47,526 | -€11,793 | -19.9% |
| Suppliers | 440/4 | €59,319 | €47,526 | -€11,793 | -19.9% |
| Taxes, remuneration and social security | 45 | €55,427 | €25,556 | -€29,870 | -53.9% |
| Taxes | 450/3 | - | €20,825 | +€20,825 | |
| Remuneration and social security | 454/9 | €55,427 | €4,731 | -€50,695 | -91.5% |
| Other amounts payable | 47/48 | €383,065 | €132,500 | -€250,565 | -65.4% |
| Remuneration, social security and pensions | 62 | €5,012 | €45,455 | +€40,443 | +807% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,576 | €30,576 | -€0 | 0.0% |
| Other operating charges | 640/8 | €4,223 | €5,837 | +€1,613 | +38.2% |
| Gross operating margin | 9900 | €195,197 | €263,619 | +€68,422 | +35.1% |
| Operating profit (loss) | 9901 | €155,386 | €181,752 | +€26,366 | +17.0% |
| Financial income | 75/76B | €786 | - | -€786 | |
| Recurring financial income | 75 | €786 | - | -€786 | |
| Financial charges | 65/66B | €122,555 | €85,056 | -€37,499 | -30.6% |
| Recurring financial charges | 65 | €122,555 | €85,056 | -€37,499 | -30.6% |
| Profit (loss) for the period before taxes | 9903 | €33,617 | €96,696 | +€63,079 | +188% |
| Income taxes | 67/77 | €6,813 | €20,825 | +€14,012 | +206% |
| Profit (loss) for the period | 9904 | €26,804 | €75,871 | +€49,067 | +183% |
| Profit (loss) for the period to be appropriated | 9905 | €26,804 | €75,871 | +€49,067 | +183% |
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 26 October 2026 via checked.be.