InvestInGreen: what changed
InvestInGreen
Largest movements
- Tangible fixed assets -€23,933
down €23,933 (-17.2%), from €139,520 to €115,587
of which Plant, machinery and equipment: -€20,618
- Cash -€12,586
down €12,586 (-26.3%), from €47,867 to €35,282
mainly Other debts (-€32,397) and Advances received (-€5,788)
- Other debts -€32,397
down €32,397 (-97.8%), from €33,137 to €741
- Profit (loss) carried forward +€7,275
up €7,275 (+39.9%), from -€18,221 to -€10,946
- Advances received -€5,788
down €5,788 (-41.9%), from €13,827 to €8,039
- Debts after one year -€5,588
down €5,588 (-4.6%), from €120,170 to €114,582
- Gross operating margin +€18,111
up €18,111 (+122%), from €14,816 to €32,927
- Other operating charges -€13,953
down €13,953 (-93.0%), from €15,000 to €1,047
- Financial charges +€8,538
up €8,538, from -€8,462 to €76
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €208,619 | €172,148 | -€36,471 | -17.5% |
| Fixed assets | 21/28 | €139,520 | €115,587 | -€23,933 | -17.2% |
| Tangible fixed assets | 22/27 | €139,520 | €115,587 | -€23,933 | -17.2% |
| Plant, machinery and equipment | 23 | €131,787 | €111,168 | -€20,618 | -15.6% |
| Furniture and vehicles | 24 | €7,733 | €4,418 | -€3,315 | -42.9% |
| Current assets | 29/58 | €69,099 | €56,561 | -€12,537 | -18.1% |
| Amounts receivable within one year | 40/41 | €1,216 | €1,264 | +€48 | +4.0% |
| Trade receivables | 40 | €1,156 | €1,198 | +€42 | +3.6% |
| Other amounts receivable | 41 | €60 | €66 | +€6 | +10.5% |
| Current investments | 50/53 | €20,016 | €20,016 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €47,867 | €35,282 | -€12,586 | -26.3% |
| Total equity and liabilities | 10/49 | €208,619 | €172,148 | -€36,471 | -17.5% |
| Equity | 10/15 | €32,077 | €39,352 | +€7,275 | +22.7% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €298 | €298 | = | 0.0% |
| Distributable reserves | 133 | €298 | €298 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,221 | -€10,946 | +€7,275 | +39.9% |
| Amounts payable | 17/49 | €176,542 | €132,796 | -€43,746 | -24.8% |
| Amounts payable after more than one year | 17 | €120,170 | €114,582 | -€5,588 | -4.6% |
| Financial debts | 170/4 | €120,170 | €114,582 | -€5,588 | -4.6% |
| Amounts payable within one year | 42/48 | €56,372 | €18,214 | -€38,158 | -67.7% |
| Trade debts | 44 | €1,449 | €891 | -€558 | -38.5% |
| Suppliers | 440/4 | €1,449 | €891 | -€558 | -38.5% |
| Advances received on contracts in progress | 46 | €13,827 | €8,039 | -€5,788 | -41.9% |
| Taxes, remuneration and social security | 45 | €7,958 | €8,544 | +€585 | +7.4% |
| Taxes | 450/3 | €7,958 | €8,544 | +€585 | +7.4% |
| Other amounts payable | 47/48 | €33,137 | €741 | -€32,397 | -97.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,933 | €23,933 | = | 0.0% |
| Other operating charges | 640/8 | €15,000 | €1,047 | -€13,953 | -93.0% |
| Gross operating margin | 9900 | €14,816 | €32,927 | +€18,111 | +122% |
| Operating profit (loss) | 9901 | -€24,117 | €7,947 | +€32,065 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | -€8,462 | €76 | +€8,538 | |
| Recurring financial charges | 65 | -€8,462 | €76 | +€8,538 | |
| Profit (loss) for the period before taxes | 9903 | -€15,655 | €7,871 | +€23,526 | |
| Income taxes | 67/77 | €443 | €597 | +€154 | +34.7% |
| Profit (loss) for the period | 9904 | -€16,098 | €7,275 | +€23,372 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,098 | €7,275 | +€23,372 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.