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INVEST-B: what changed

What changed

INVEST-B

BE 0690.592.686
filed annual accounts (NBB)
Financial years compared with
Net result for the year
-€7,682
2024 · -€10,105+€2,423
Equity
€110,881
2024 · €118,563-€7,682
Cash
€2,296
2024 · €2,232+€63
Balance sheet total
€465,380
2024 · €465,316+€63

Largest movements

2024 to 2025
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities
    • Profit (loss) carried forward -€7,682

      down €7,682 (-8.8%), from €87,090 to €79,408

    • Other debts +€5,931

      up €5,931 (+1.7%), from €339,974 to €345,906

    Income statement
    • Gross operating margin +€2,551

      up €2,551 (+50.3%), from -€5,069 to -€2,519

    • Other operating charges +€153

      up €153 (+3.1%), from €4,966 to €5,119

    Change in the result, 2024 to 2025

    effect on the result

    For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.

    Result 2024 -€10,105
    Gross operating margin +€2,551
    Other operating charges -€153
    Financial charges +€25
    Result 2025 -€7,682
    raises the resultlowers the result

    Derived cash bridge

    cash 2024 to 2025

    The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.

    From operations +€63
    Investment €0
    Financing €0
    Cash 2024 €2,232
    Net result for the year -€7,682
    Trade debts +€1,814
    Other debts +€5,931
    Cash 2025 €2,296
    brings cash intakes cash out
    Every line side by side 29 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €465,316 €465,380 +€63 0.0%
    Fixed assets 21/28 €463,084 €463,084 = 0.0%
    Tangible fixed assets 22/27 €463,084 €463,084 = 0.0%
    Land and buildings 22 €463,084 €463,084 = 0.0%
    Other tangible fixed assets 26 €0 - =
    Current assets 29/58 €2,232 €2,296 +€63 +2.8%
    Cash at bank and in hand 54/58 €2,232 €2,296 +€63 +2.8%
    Deferred charges and accrued income 490/1 €0 - =
    Total equity and liabilities 10/49 €465,316 €465,380 +€63 0.0%
    Equity 10/15 €118,563 €110,881 -€7,682 -6.5%
    Contributions 10/11 €18,600 €18,600 = 0.0%
    Reserves 13 €12,873 €12,873 = 0.0%
    Non-distributable reserves 130/1 €687 €687 = 0.0%
    Other 1319 €687 €687 = 0.0%
    Distributable reserves 133 €12,186 €12,186 = 0.0%
    Profit (loss) carried forward 14 €87,090 €79,408 -€7,682 -8.8%
    Amounts payable 17/49 €346,753 €354,499 +€7,746 +2.2%
    Amounts payable within one year 42/48 €346,753 €354,499 +€7,746 +2.2%
    Trade debts 44 €6,779 €8,593 +€1,814 +26.8%
    Suppliers 440/4 €6,779 €8,593 +€1,814 +26.8%
    Other amounts payable 47/48 €339,974 €345,906 +€5,931 +1.7%
    Other operating charges 640/8 €4,966 €5,119 +€153 +3.1%
    Gross operating margin 9900 -€5,069 -€2,519 +€2,551 +50.3%
    Operating profit (loss) 9901 -€10,036 -€7,637 +€2,398 +23.9%
    Financial charges 65/66B €70 €45 -€25 -35.3%
    Recurring financial charges 65 €70 €45 -€25 -35.3%
    Profit (loss) for the period before taxes 9903 -€10,105 -€7,682 +€2,423 +24.0%
    Profit (loss) for the period 9904 -€10,105 -€7,682 +€2,423 +24.0%
    Profit (loss) for the period to be appropriated 9905 -€10,105 -€7,682 +€2,423 +24.0%
    Calculation and sources

    Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.