Investbox: 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.
Investbox
Largest movements
- Receivables within one year -€47,973
down €47,973 (-5.3%), from €902,219 to €854,247
of which Other amounts receivable: -€542,463
- Other debts -€181,963
down €181,963 (-13.9%), from €1.3m to €1.1m
- Current portion of long-term debt +€130,932
new in 2025: €130,932
- Short-term financial debts +€32,698
new in 2025: €32,698
- Tax, wage and social debts -€16,586
down €16,586 (-37.5%), from €44,184 to €27,598
of which Taxes: -€18,872
- Gross operating margin +€372,501
up €372,501 (+168%), from €222,372 to €594,873
- Taxes +€89,355
up €89,355 (+233%), from €38,323 to €127,678
- Staff costs +€8,872
up €8,872 (+16.2%), from €54,751 to €63,623
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 | €1,371,507 | €1,333,495 | -€38,012 | -2.8% |
| Fixed assets | 21/28 | €455,363 | €455,363 | = | 0.0% |
| Financial fixed assets | 28 | €455,363 | €455,363 | = | 0.0% |
| Current assets | 29/58 | €916,144 | €878,132 | -€38,012 | -4.1% |
| Amounts receivable within one year | 40/41 | €902,219 | €854,247 | -€47,973 | -5.3% |
| Trade receivables | 40 | €28,643 | €523,134 | +€494,491 | +1,726% |
| Other amounts receivable | 41 | €873,576 | €331,113 | -€542,463 | -62.1% |
| Cash at bank and in hand | 54/58 | €13,925 | €23,885 | +€9,960 | +71.5% |
| Total equity and liabilities | 10/49 | €1,371,507 | €1,333,495 | -€38,012 | -2.8% |
| Equity | 10/15 | €7,500 | €7,500 | = | 0.0% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Amounts payable | 17/49 | €1,364,007 | €1,325,995 | -€38,012 | -2.8% |
| Amounts payable within one year | 42/48 | €1,363,987 | €1,325,975 | -€38,012 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | - | €130,932 | +€130,932 | |
| Financial debts | 43 | - | €32,698 | +€32,698 | |
| Credit institutions | 430/8 | - | €32,698 | +€32,698 | |
| Trade debts | 44 | €8,138 | €5,045 | -€3,093 | -38.0% |
| Suppliers | 440/4 | €8,138 | €5,045 | -€3,093 | -38.0% |
| Taxes, remuneration and social security | 45 | €44,184 | €27,598 | -€16,586 | -37.5% |
| Taxes | 450/3 | €32,566 | €13,694 | -€18,872 | -57.9% |
| Remuneration and social security | 454/9 | €11,618 | €13,904 | +€2,286 | +19.7% |
| Other amounts payable | 47/48 | €1,311,665 | €1,129,702 | -€181,963 | -13.9% |
| Accrued charges and deferred income | 492/3 | €20 | €20 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €54,751 | €63,623 | +€8,872 | +16.2% |
| Other operating charges | 640/8 | €1,107 | €1,863 | +€757 | +68.4% |
| Gross operating margin | 9900 | €222,372 | €594,873 | +€372,501 | +168% |
| Operating profit (loss) | 9901 | €166,514 | €529,386 | +€362,872 | +218% |
| Financial charges | 65/66B | €199 | €3,367 | +€3,167 | +1,588% |
| Recurring financial charges | 65 | €199 | €3,367 | +€3,167 | +1,588% |
| Profit (loss) for the period before taxes | 9903 | €166,315 | €526,019 | +€359,705 | +216% |
| Income taxes | 67/77 | €38,323 | €127,678 | +€89,355 | +233% |
| Profit (loss) for the period | 9904 | €127,991 | €398,341 | +€270,350 | +211% |
| Profit (loss) for the period to be appropriated | 9905 | €127,991 | €398,341 | +€270,350 | +211% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.