Investa: 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.
Investa
Largest movements
- Cash -€83,709
down €83,709 (-7.8%), from €1.1m to €993,465
mainly Trade debts (-€74,604) and Net result for the year (-€18,080)
- Trade debts -€74,604
down €74,604 (-98.8%), from €75,488 to €884
- Profit (loss) carried forward -€17,019
down €17,019 (-10.4%), from €164,056 to €147,037
- Gross operating margin +€2,767
up €2,767 (+20.4%), from -€13,592 to -€10,825
- Purchases and services -€2,767
down €2,767 (-10.5%), from €26,414 to €23,647
- Financial income +€453
up €453 (+10.0%), from €4,542 to €4,995
- Depreciation -€430
down €430 (-3.4%), from €12,501 to €12,071
- Financial charges +€205
up €205 (+141%), from €146 to €351
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 | €1,224,969 | €1,131,820 | -€93,148 | -7.6% |
| Fixed assets | 21/28 | €143,502 | €131,431 | -€12,071 | -8.4% |
| Tangible fixed assets | 22/27 | €143,430 | €131,359 | -€12,071 | -8.4% |
| Land and buildings | 22 | €130,055 | €126,213 | -€3,843 | -3.0% |
| Plant, machinery and equipment | 23 | €8,596 | €3,401 | -€5,195 | -60.4% |
| Furniture and vehicles | 24 | €4,779 | €1,745 | -€3,033 | -63.5% |
| Financial fixed assets | 28 | €72 | €72 | = | 0.0% |
| Current assets | 29/58 | €1,081,466 | €1,000,389 | -€81,077 | -7.5% |
| Amounts receivable within one year | 40/41 | €4,292 | €6,925 | +€2,632 | +61.3% |
| Other amounts receivable | 41 | €4,292 | €6,925 | +€2,632 | +61.3% |
| Cash at bank and in hand | 54/58 | €1,077,174 | €993,465 | -€83,709 | -7.8% |
| Total equity and liabilities | 10/49 | €1,224,969 | €1,131,820 | -€93,148 | -7.6% |
| Equity | 10/15 | €1,146,621 | €1,128,540 | -€18,080 | -1.6% |
| Contributions | 10/11 | €19,250 | €19,250 | = | 0.0% |
| Capital | 10 | €19,250 | €19,250 | = | 0.0% |
| Issued capital | 100 | €19,250 | €19,250 | = | 0.0% |
| Reserves | 13 | €963,315 | €962,253 | -€1,061 | -0.1% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Legal reserve | 130 | €50,000 | €50,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,759 | €2,697 | -€1,061 | -28.2% |
| Distributable reserves | 133 | €909,556 | €909,556 | = | 0.0% |
| Profit (loss) carried forward | 14 | €164,056 | €147,037 | -€17,019 | -10.4% |
| Provisions and deferred taxes | 16 | €2,842 | €2,396 | -€446 | -15.7% |
| Deferred taxes | 168 | €2,842 | €2,396 | -€446 | -15.7% |
| Amounts payable | 17/49 | €75,506 | €884 | -€74,622 | -98.8% |
| Amounts payable within one year | 42/48 | €75,506 | €884 | -€74,622 | -98.8% |
| Trade debts | 44 | €75,488 | €884 | -€74,604 | -98.8% |
| Suppliers | 440/4 | €75,488 | €884 | -€74,604 | -98.8% |
| Other amounts payable | 47/48 | €18 | - | -€18 | |
| Goods, raw materials, services and sundry goods | 60/61 | €26,414 | €23,647 | -€2,767 | -10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,501 | €12,071 | -€430 | -3.4% |
| Gross operating margin | 9900 | -€13,592 | -€10,825 | +€2,767 | +20.4% |
| Operating profit (loss) | 9901 | -€26,093 | -€22,896 | +€3,196 | +12.2% |
| Financial income | 75/76B | €4,542 | €4,995 | +€453 | +10.0% |
| Recurring financial income | 75 | €4,542 | €4,995 | +€453 | +10.0% |
| Financial charges | 65/66B | €146 | €351 | +€205 | +141% |
| Recurring financial charges | 65 | €146 | €351 | +€205 | +141% |
| Profit (loss) for the period before taxes | 9903 | -€21,696 | -€18,252 | +€3,444 | +15.9% |
| Transfer from deferred taxes | 780 | €446 | €446 | = | 0.0% |
| Income taxes | 67/77 | €293 | €274 | -€19 | -6.3% |
| Profit (loss) for the period | 9904 | -€21,543 | -€18,080 | +€3,463 | +16.1% |
| Transfer from tax-exempt reserves | 789 | €1,061 | €1,061 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,481 | -€17,019 | +€3,463 | +16.9% |
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.