INVESTERRY: 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.
INVESTERRY
Largest movements
- Receivables within one year -€14,639
down €14,639 (-53.5%), from €27,344 to €12,705
of which Other amounts receivable: -€16,000
- Cash +€7,124
up €7,124 (+30.2%), from €23,601 to €30,725
mainly Net result for the year (+€52,400) and Receivables within one year (+€14,639)
- Tangible fixed assets +€713
new in 2025: €713
- Other debts -€15,373
down €15,373 (-37.9%), from €40,523 to €25,151
- Reserves +€9,000
new in 2025: €9,000
- Tax, wage and social debts -€860
down €860 (-9.8%), from €8,777 to €7,917
- Gross operating margin +€22,513
up €22,513 (+43.3%), from €51,960 to €74,473
- Depreciation +€5,636
new in 2025: €5,636
- Taxes +€3,551
up €3,551 (+31.2%), from €11,394 to €14,945
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 | €51,079 | €44,280 | -€6,799 | -13.3% |
| Fixed assets | 21/28 | - | €713 | +€713 | |
| Tangible fixed assets | 22/27 | - | €713 | +€713 | |
| Furniture and vehicles | 24 | - | €713 | +€713 | |
| Current assets | 29/58 | €51,079 | €43,567 | -€7,512 | -14.7% |
| Amounts receivable within one year | 40/41 | €27,344 | €12,705 | -€14,639 | -53.5% |
| Trade receivables | 40 | €11,344 | €12,705 | +€1,361 | +12.0% |
| Other amounts receivable | 41 | €16,000 | - | -€16,000 | |
| Cash at bank and in hand | 54/58 | €23,601 | €30,725 | +€7,124 | +30.2% |
| Deferred charges and accrued income | 490/1 | €134 | €136 | +€2 | +1.6% |
| Total equity and liabilities | 10/49 | €51,079 | €44,280 | -€6,799 | -13.3% |
| Equity | 10/15 | €1,091 | €10,491 | +€9,400 | +862% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €9,000 | +€9,000 | |
| Distributable reserves | 133 | - | €9,000 | +€9,000 | |
| Profit (loss) carried forward | 14 | €91 | €491 | +€400 | +440% |
| Amounts payable | 17/49 | €49,988 | €33,788 | -€16,199 | -32.4% |
| Amounts payable within one year | 42/48 | €49,988 | €33,788 | -€16,199 | -32.4% |
| Trade debts | 44 | €688 | €721 | +€33 | +4.9% |
| Suppliers | 440/4 | €688 | €721 | +€33 | +4.9% |
| Taxes, remuneration and social security | 45 | €8,777 | €7,917 | -€860 | -9.8% |
| Taxes | 450/3 | €8,777 | €7,917 | -€860 | -9.8% |
| Other amounts payable | 47/48 | €40,523 | €25,151 | -€15,373 | -37.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,636 | +€5,636 | |
| Other operating charges | 640/8 | €1,063 | €1,105 | +€42 | +4.0% |
| Gross operating margin | 9900 | €51,960 | €74,473 | +€22,513 | +43.3% |
| Operating profit (loss) | 9901 | €50,897 | €67,733 | +€16,836 | +33.1% |
| Financial income | 75/76B | €1 | €0 | -€1 | -70.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -70.0% |
| Financial charges | 65/66B | €442 | €387 | -€55 | -12.3% |
| Recurring financial charges | 65 | €442 | €387 | -€55 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | €50,456 | €67,345 | +€16,889 | +33.5% |
| Income taxes | 67/77 | €11,394 | €14,945 | +€3,551 | +31.2% |
| Profit (loss) for the period | 9904 | €39,062 | €52,400 | +€13,338 | +34.1% |
| Profit (loss) for the period to be appropriated | 9905 | €39,062 | €52,400 | +€13,338 | +34.1% |
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 14 October 2026 via checked.be.