Investide: 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.
Investide
Largest movements
- Financial fixed assets +€165,000
up €165,000 (+23.6%), from €699,100 to €864,100
- Receivables after one year -€65,000
down €65,000 (-19.7%), from €330,000 to €265,000
- Cash -€32,956
down €32,956 (-25.3%), from €130,496 to €97,539
mainly Investment in fixed assets (net) (-€165,000) and Other debts (-€54,897)
- Reserves +€141,081
up €141,081 (+306%), from €46,166 to €187,247
- Other debts -€54,897
down €54,897 (-9.7%), from €567,596 to €512,699
- Debts after one year -€31,144
down €31,144 (-9.4%), from €332,355 to €301,212
of which Financial debts: -€31,144
- Accrued charges and deferred income +€22,148
up €22,148 (+191%), from €11,613 to €33,761
- Gross operating margin -€58,127
down €58,127 (-67.2%), from €86,464 to €28,337
- Financial income +€36,625
up €36,625 (+27.5%), from €133,001 to €169,626
- Financial charges +€17,402
up €17,402 (+70.1%), from €24,820 to €42,221
- Taxes -€13,210
down €13,210 (-100%), from €13,210 to €0
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 | €1,498,369 | €1,569,461 | +€71,093 | +4.7% |
| Fixed assets | 21/28 | €998,819 | €1,152,806 | +€153,987 | +15.4% |
| Tangible fixed assets | 22/27 | €299,719 | €288,706 | -€11,013 | -3.7% |
| Land and buildings | 22 | €299,719 | €288,706 | -€11,013 | -3.7% |
| Financial fixed assets | 28 | €699,100 | €864,100 | +€165,000 | +23.6% |
| Current assets | 29/58 | €499,549 | €416,655 | -€82,894 | -16.6% |
| Amounts receivable after more than one year | 29 | €330,000 | €265,000 | -€65,000 | -19.7% |
| Other amounts receivable | 291 | €330,000 | €265,000 | -€65,000 | -19.7% |
| Amounts receivable within one year | 40/41 | €12,153 | €27,216 | +€15,062 | +124% |
| Other amounts receivable | 41 | €12,153 | €27,216 | +€15,062 | +124% |
| Current investments | 50/53 | €26,900 | €26,900 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €130,496 | €97,539 | -€32,956 | -25.3% |
| Total equity and liabilities | 10/49 | €1,498,369 | €1,569,461 | +€71,093 | +4.7% |
| Equity | 10/15 | €546,166 | €687,247 | +€141,081 | +25.8% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €46,166 | €187,247 | +€141,081 | +306% |
| Distributable reserves | 133 | €46,166 | €187,247 | +€141,081 | +306% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €952,202 | €882,214 | -€69,989 | -7.4% |
| Amounts payable after more than one year | 17 | €332,355 | €301,212 | -€31,144 | -9.4% |
| Financial debts | 170/4 | €332,355 | €301,212 | -€31,144 | -9.4% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €608,234 | €547,241 | -€60,993 | -10.0% |
| Current portion of amounts payable after more than one year | 42 | €38,145 | €33,102 | -€5,043 | -13.2% |
| Trade debts | 44 | €2,493 | €1,440 | -€1,052 | -42.2% |
| Suppliers | 440/4 | €2,493 | €1,440 | -€1,052 | -42.2% |
| Other amounts payable | 47/48 | €567,596 | €512,699 | -€54,897 | -9.7% |
| Accrued charges and deferred income | 492/3 | €11,613 | €33,761 | +€22,148 | +191% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,013 | €11,013 | = | 0.0% |
| Other operating charges | 640/8 | €4,255 | €3,647 | -€608 | -14.3% |
| Gross operating margin | 9900 | €86,464 | €28,337 | -€58,127 | -67.2% |
| Operating profit (loss) | 9901 | €71,195 | €13,676 | -€57,519 | -80.8% |
| Financial income | 75/76B | €133,001 | €169,626 | +€36,625 | +27.5% |
| Recurring financial income | 75 | €133,001 | €169,626 | +€36,625 | +27.5% |
| Financial charges | 65/66B | €24,820 | €42,221 | +€17,402 | +70.1% |
| Recurring financial charges | 65 | €24,820 | €42,221 | +€17,402 | +70.1% |
| Profit (loss) for the period before taxes | 9903 | €179,377 | €141,081 | -€38,295 | -21.3% |
| Income taxes | 67/77 | €13,210 | €0 | -€13,210 | -100% |
| Profit (loss) for the period | 9904 | €166,166 | €141,081 | -€25,085 | -15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €166,166 | €141,081 | -€25,085 | -15.1% |
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 26 October 2026 via checked.be.