INVESTIMI: 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.
INVESTIMI
Largest movements
- Tangible fixed assets -€10,510
down €10,510 (-6.5%), from €162,211 to €151,701
- Profit (loss) carried forward -€10,968
down €10,968 (-17.5%), from -€62,738 to -€73,706
- Depreciation -€5,255
no longer reported in 2025 (was €5,255)
- Other operating charges -€503
no longer reported in 2025 (was €503)
- Gross operating margin +€92
up €92 (+16.7%), from -€550 to -€458
- Financial charges -€35
no longer reported in 2025 (was €35)
From the 2022 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €162,211 | €151,701 | -€10,510 | -6.5% |
| Fixed assets | 21/28 | €162,211 | €151,701 | -€10,510 | -6.5% |
| Tangible fixed assets | 22/27 | €162,211 | €151,701 | -€10,510 | -6.5% |
| Land and buildings | 22 | €162,211 | €151,701 | -€10,510 | -6.5% |
| Total equity and liabilities | 10/49 | €162,211 | €151,701 | -€10,510 | -6.5% |
| Equity | 10/15 | -€42,278 | -€53,246 | -€10,968 | -25.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,738 | -€73,706 | -€10,968 | -17.5% |
| Amounts payable | 17/49 | €204,489 | €204,947 | +€458 | +0.2% |
| Amounts payable within one year | 42/48 | €204,489 | €204,947 | +€458 | +0.2% |
| Trade debts | 44 | €1,127 | €1,585 | +€458 | +40.6% |
| Suppliers | 440/4 | €1,127 | €1,585 | +€458 | +40.6% |
| Other amounts payable | 47/48 | €203,362 | €203,362 | = | 0.0% |
| Non-recurring operating income | 76A | €55 | - | -€55 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,255 | - | -€5,255 | |
| Other operating charges | 640/8 | €503 | - | -€503 | |
| Gross operating margin | 9900 | -€550 | -€458 | +€92 | +16.7% |
| Operating profit (loss) | 9901 | -€6,308 | -€458 | +€5,850 | +92.7% |
| Financial charges | 65/66B | €35 | - | -€35 | |
| Recurring financial charges | 65 | €35 | - | -€35 | |
| Profit (loss) for the period before taxes | 9903 | -€6,343 | -€458 | +€5,885 | +92.8% |
| Profit (loss) for the period | 9904 | -€6,343 | -€458 | +€5,885 | +92.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,343 | -€458 | +€5,885 | +92.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2022 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.