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Invest-E: 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.

What changed

Invest-E

BE 0797.110.267
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€5,360
2024 · €13,043-€7,683
Equity
€754,115
2024 · €748,755+€5,360
Cash
€19,154
2024 · €23,866-€4,711
Balance sheet total
€755,404
2024 · €749,705+€5,699

Largest movements

2024 to 2025
Assets
  • Financial fixed assets +€290,000

    up €290,000 (+160.0%), from €181,250 to €471,250

  • Current investments -€277,818

    down €277,818 (-51.4%), from €540,414 to €262,595

Equity and liabilities

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

    Income statement
    • Financial income -€11,342

      down €11,342 (-57.2%), from €19,819 to €8,477

    • Taxes -€2,561

      down €2,561 (-58.9%), from €4,348 to €1,787

    • Gross operating margin +€1,103

      up €1,103 (+57.5%), from -€1,918 to -€815

    From the 2024 result to the 2025 result

    effect on the 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.

    Result 2024 €13,043
    Gross operating margin +€1,103
    Other operating charges -€4
    Financial income -€11,342
    Financial charges -€2
    Taxes +€2,561
    Result 2025 €5,360

    Cash bridge derived

    cash 2024 to 2025

    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.

    From operations +€7,470
    Investment -€12,182
    Financing €0
    Cash 2024 €23,866
    Net result for the year +€5,360
    Receivables within one year +€1,321
    Smaller working-capital items +€790
    Investment in fixed assets (net) -€290,000
    Current investments +€277,818
    Cash 2025 €19,154
    Every line side by side 30 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €749,705 €755,404 +€5,699 +0.8%
    Fixed assets 21/28 €181,250 €471,250 +€290,000 +160.0%
    Financial fixed assets 28 €181,250 €471,250 +€290,000 +160.0%
    Current assets 29/58 €568,455 €284,154 -€284,301 -50.0%
    Amounts receivable within one year 40/41 €3,676 €2,355 -€1,321 -35.9%
    Other amounts receivable 41 €3,676 €2,355 -€1,321 -35.9%
    Current investments 50/53 €540,414 €262,595 -€277,818 -51.4%
    Cash at bank and in hand 54/58 €23,866 €19,154 -€4,711 -19.7%
    Deferred charges and accrued income 490/1 €500 €49 -€451 -90.2%
    Total equity and liabilities 10/49 €749,705 €755,404 +€5,699 +0.8%
    Equity 10/15 €748,755 €754,115 +€5,360 +0.7%
    Contributions 10/11 €725,000 €725,000 = 0.0%
    Reserves 13 €23,755 €29,115 +€5,360 +22.6%
    Non-distributable reserves 130/1 €23,755 €29,115 +€5,360 +22.6%
    Other 1319 €23,755 €29,115 +€5,360 +22.6%
    Amounts payable 17/49 €950 €1,289 +€339 +35.7%
    Amounts payable within one year 42/48 €950 €1,289 +€339 +35.7%
    Trade debts 44 €950 €1,289 +€339 +35.7%
    Suppliers 440/4 €950 €1,289 +€339 +35.7%
    Other operating charges 640/8 €458 €462 +€4 +0.9%
    Gross operating margin 9900 -€1,918 -€815 +€1,103 +57.5%
    Operating profit (loss) 9901 -€2,376 -€1,277 +€1,099 +46.3%
    Financial income 75/76B €19,819 €8,477 -€11,342 -57.2%
    Recurring financial income 75 €19,819 €8,477 -€11,342 -57.2%
    Financial charges 65/66B €53 €54 +€2 +2.9%
    Recurring financial charges 65 €53 €54 +€2 +2.9%
    Profit (loss) for the period before taxes 9903 €17,391 €7,146 -€10,245 -58.9%
    Income taxes 67/77 €4,348 €1,787 -€2,561 -58.9%
    Profit (loss) for the period 9904 €13,043 €5,360 -€7,683 -58.9%
    Profit (loss) for the period to be appropriated 9905 €13,043 €5,360 -€7,683 -58.9%

    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 5 October 2026 via checked.be.