INVEST CORP: 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 CORP
Largest movements
- Tangible fixed assets -€7,719
down €7,719 (-33.0%), from €23,404 to €15,685
- Receivables within one year -€7,541
no longer reported in 2024 (was €7,541)
of which Other amounts receivable: -€7,111
- Cash +€704
up €704 (+255%), from €276 to €980
mainly Depreciation (+€7,719) and Receivables within one year (+€7,541)
- Profit (loss) carried forward -€13,013
down €13,013 (-73.0%), from -€17,824 to -€30,837
- Other debts +€7,200
up €7,200 (+87.4%), from €8,238 to €15,438
- Debts after one year -€5,550
down €5,550 (-45.9%), from €12,103 to €6,553
- Trade debts -€4,874
no longer reported in 2024 (was €4,874)
- Current portion of long-term debt +€1,731
up €1,731 (+29.1%), from €5,942 to €7,674
- Purchases and services -€23,011
down €23,011 (-92.8%), from €24,802 to €1,791
- Gross operating margin +€21,662
up €21,662 (+98.6%), from -€21,972 to -€310
- Financial charges +€4,041
up €4,041 (+428%), from €944 to €4,985
of which Non-recurring financial charges: +€4,135
- Depreciation -€1,438
down €1,438 (-15.7%), from €9,156 to €7,719
- Turnover -€1,349
down €1,349 (-47.7%), from €2,830 to €1,481
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,221 | €16,666 | -€14,555 | -46.6% |
| Fixed assets | 21/28 | €23,404 | €15,685 | -€7,719 | -33.0% |
| Tangible fixed assets | 22/27 | €23,404 | €15,685 | -€7,719 | -33.0% |
| Furniture and vehicles | 24 | €23,404 | €15,685 | -€7,719 | -33.0% |
| Current assets | 29/58 | €7,817 | €980 | -€6,837 | -87.5% |
| Amounts receivable within one year | 40/41 | €7,541 | - | -€7,541 | |
| Trade receivables | 40 | €430 | - | -€430 | |
| Other amounts receivable | 41 | €7,111 | - | -€7,111 | |
| Cash at bank and in hand | 54/58 | €276 | €980 | +€704 | +255% |
| Total equity and liabilities | 10/49 | €31,221 | €16,666 | -€14,555 | -46.6% |
| Equity | 10/15 | -€15,824 | -€28,837 | -€13,013 | -82.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Share premium | 1100/10 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,824 | -€30,837 | -€13,013 | -73.0% |
| Amounts payable | 17/49 | €47,045 | €45,503 | -€1,542 | -3.3% |
| Amounts payable after more than one year | 17 | €12,103 | €6,553 | -€5,550 | -45.9% |
| Financial debts | 170/4 | €12,103 | €6,553 | -€5,550 | -45.9% |
| Amounts payable within one year | 42/48 | €34,942 | €38,950 | +€4,008 | +11.5% |
| Current portion of amounts payable after more than one year | 42 | €5,942 | €7,674 | +€1,731 | +29.1% |
| Trade debts | 44 | €4,874 | - | -€4,874 | |
| Suppliers | 440/4 | €4,874 | - | -€4,874 | |
| Taxes, remuneration and social security | 45 | €15,888 | €15,838 | -€50 | -0.3% |
| Remuneration and social security | 454/9 | €15,888 | €15,838 | -€50 | -0.3% |
| Other amounts payable | 47/48 | €8,238 | €15,438 | +€7,200 | +87.4% |
| Turnover | 70 | €2,830 | €1,481 | -€1,349 | -47.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €24,802 | €1,791 | -€23,011 | -92.8% |
| Remuneration, social security and pensions | 62 | €293 | - | -€293 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,156 | €7,719 | -€1,438 | -15.7% |
| Other operating charges | 640/8 | €1,210 | - | -€1,210 | |
| Gross operating margin | 9900 | -€21,972 | -€310 | +€21,662 | +98.6% |
| Operating profit (loss) | 9901 | -€32,631 | -€8,028 | +€24,603 | +75.4% |
| Financial charges | 65/66B | €944 | €4,985 | +€4,041 | +428% |
| Recurring financial charges | 65 | €281 | €187 | -€94 | -33.4% |
| Non-recurring financial charges | 66B | €663 | €4,798 | +€4,135 | +624% |
| Profit (loss) for the period before taxes | 9903 | -€33,574 | -€13,013 | +€20,562 | +61.2% |
| Income taxes | 67/77 | €1,148 | - | -€1,148 | |
| Profit (loss) for the period | 9904 | -€34,723 | -€13,013 | +€21,710 | +62.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,723 | -€13,013 | +€21,710 | +62.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.