INVESTINT: 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.
What changed
INVESTINT
NACE 66.300, Activities auxiliary to financial services and insurance activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€10.1m
2024 · -€628,153+€10.8m
Equity
€75.9m
2024 · €73.7m+€2.1m
Cash
€256,184
2024 · €476,384-€220,200
Balance sheet total
€103.0m
2024 · €95.5m+€7.5m
Largest movements
Assets
- Receivables within one year +€10.8m
up €10.8m (+30.3%), from €35.5m to €46.2m
of which Other amounts receivable: +€16.0m
- Financial fixed assets -€2.8m
down €2.8m (-5.1%), from €54.1m to €51.3m
of which Affiliated companies: -€2.8m
Equity and liabilities
- Other debts +€7.1m
up €7.1m (+744%), from €947,979 to €8.0m
- Trade debts -€2.1m
down €2.1m (-10.4%), from €20.2m to €18.1m
- Profit (loss) carried forward +€1.7m
up €1.7m, from -€1.2m to €518,188
Income statement
- Financial income +€7.9m
up €7.9m (+90.9%), from €8.7m to €16.6m
of which Financial income: +€6.3m
- Turnover +€4.1m
up €4.1m (+5.1%), from €80.4m to €84.5m
- Financial charges -€3.2m
down €3.2m (-24.3%), from €13.3m to €10.1m
of which Non-recurring financial charges: -€7.7m
- Goods and materials +€2.3m
up €2.3m (+166%), from €1.4m to €3.6m
- Other operating charges +€1.6m
up €1.6m (+18.3%), from €8.6m to €10.2m
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.
Result 2024
-€628,153
Turnover
+€4.1m
Other operating income
-€164,445
Goods and materials
-€2.3m
Services and other goods
-€837,539
Staff costs
+€183,914
Write-downs
-€9,536
Other operating charges
-€1.6m
Other operating items
+€47,079
Financial income
+€7.9m
Financial charges
+€3.2m
Taxes
+€165,966
Result 2025
€10.1m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€5.0m
Investment
+€2.8m
Financing
-€8.0m
Cash 2024
€476,384
From operations (derived)
+€5.0m
Net result for the year
+€10.1m
Depreciation
+€42,493
Receivables within one year
-€10.8m
Deferred charges and accrued income
+€249,047
Trade debts
-€2.1m
Tax, wage and social debts
+€365,297
Other debts
+€7.1m
Accrued charges and deferred income
+€10,319
Investment (derived)
+€2.8m
Investment in fixed assets (net)
+€2.8m
Financing
-€8.0m
Contributions, distributions and other
-€8.0m
Cash 2025
€256,184
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,541,291 | €103,012,139 | +€7.5m | +7.8% |
| Fixed assets | 21/28 | €54,319,680 | €51,503,798 | -€2.8m | -5.2% |
| Tangible fixed assets | 22/27 | €240,568 | €198,075 | -€42,493 | -17.7% |
| Other tangible fixed assets | 26 | €240,568 | €198,075 | -€42,493 | -17.7% |
| Financial fixed assets | 28 | €54,079,112 | €51,305,723 | -€2.8m | -5.1% |
| Affiliated companies | 280/1 | €54,074,312 | €51,286,727 | -€2.8m | -5.2% |
| Participating interests | 280 | €54,069,512 | €51,281,927 | -€2.8m | -5.2% |
| Amounts receivable | 281 | €4,800 | €4,800 | = | 0.0% |
| Other financial fixed assets | 284/8 | €4,800 | €18,996 | +€14,196 | +296% |
| Amounts receivable and cash guarantees | 285/8 | €4,800 | €18,996 | +€14,196 | +296% |
| Current assets | 29/58 | €41,221,611 | €51,508,340 | +€10.3m | +25.0% |
| Amounts receivable after more than one year | 29 | €93,808 | €93,808 | = | 0.0% |
| Other amounts receivable | 291 | €93,808 | €93,808 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €35,470,745 | €46,226,721 | +€10.8m | +30.3% |
| Trade receivables | 40 | €13,906,817 | €8,674,635 | -€5.2m | -37.6% |
| Other amounts receivable | 41 | €21,563,928 | €37,552,086 | +€16.0m | +74.1% |
| Current investments | 50/53 | €4,931,627 | €4,931,627 | = | 0.0% |
| Other investments | 51/53 | €4,931,627 | €4,931,627 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €476,384 | €256,184 | -€220,200 | -46.2% |
| Deferred charges and accrued income | 490/1 | €249,047 | - | -€249,047 | |
| Total equity and liabilities | 10/49 | €95,541,291 | €103,012,139 | +€7.5m | +7.8% |
| Equity | 10/15 | €73,747,198 | €75,893,922 | +€2.1m | +2.9% |
| Contributions | 10/11 | €69,568,946 | €69,568,946 | = | 0.0% |
| Capital | 10 | €69,568,946 | €69,568,946 | = | 0.0% |
| Issued capital | 100 | €69,568,946 | €69,568,946 | = | 0.0% |
| Revaluation surpluses | 12 | €3,525,488 | €3,525,488 | = | 0.0% |
| Reserves | 13 | €1,832,803 | €2,281,300 | +€448,497 | +24.5% |
| Non-distributable reserves | 130/1 | €1,832,803 | €2,281,300 | +€448,497 | +24.5% |
| Legal reserve | 130 | €481,266 | €929,763 | +€448,497 | +93.2% |
| Own shares acquired | 1312 | €1,351,537 | €1,351,537 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,180,039 | €518,188 | +€1.7m | |
| Amounts payable | 17/49 | €21,794,092 | €27,118,216 | +€5.3m | +24.4% |
| Amounts payable within one year | 42/48 | €21,794,092 | €27,107,897 | +€5.3m | +24.4% |
| Trade debts | 44 | €20,227,730 | €18,120,499 | -€2.1m | -10.4% |
| Suppliers | 440/4 | €20,227,730 | €18,120,499 | -€2.1m | -10.4% |
| Taxes, remuneration and social security | 45 | €618,384 | €983,681 | +€365,297 | +59.1% |
| Taxes | 450/3 | €408,735 | €772,990 | +€364,255 | +89.1% |
| Remuneration and social security | 454/9 | €209,649 | €210,691 | +€1,042 | +0.5% |
| Other amounts payable | 47/48 | €947,979 | €8,003,717 | +€7.1m | +744% |
| Accrued charges and deferred income | 492/3 | - | €10,319 | +€10,319 | |
| Operating income | 70/76A | €80,889,298 | €84,843,725 | +€4.0m | +4.9% |
| Turnover | 70 | €80,412,290 | €84,531,161 | +€4.1m | +5.1% |
| Other operating income | 74 | €477,008 | €312,564 | -€164,445 | -34.5% |
| Operating charges | 60/66A | €76,281,746 | €80,740,115 | +€4.5m | +5.8% |
| Goods for resale, raw materials and consumables | 60 | €1,366,594 | €3,631,820 | +€2.3m | +166% |
| Purchases | 600/8 | €1,366,594 | €3,631,820 | +€2.3m | +166% |
| Services and other goods | 61 | €64,841,841 | €65,679,380 | +€837,539 | +1.3% |
| Remuneration, social security and pensions | 62 | €1,390,595 | €1,206,681 | -€183,914 | -13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,493 | €42,493 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€9,536 | - | +€9,536 | |
| Other operating charges | 640/8 | €8,602,182 | €10,179,243 | +€1.6m | +18.3% |
| Non-recurring operating charges | 66A | €47,577 | €498 | -€47,079 | -99.0% |
| Operating profit (loss) | 9901 | €4,607,552 | €4,103,610 | -€503,942 | -10.9% |
| Financial income | 75/76B | €8,671,431 | €16,552,918 | +€7.9m | +90.9% |
| Recurring financial income | 75 | €8,671,431 | €14,981,712 | +€6.3m | +72.8% |
| Income from financial fixed assets | 750 | €8,221,189 | €14,981,712 | +€6.8m | +82.2% |
| Other financial income | 752/9 | €450,242 | - | -€450,242 | |
| Non-recurring financial income | 76B | - | €1,571,206 | +€1.6m | |
| Financial charges | 65/66B | €13,310,273 | €10,075,657 | -€3.2m | -24.3% |
| Recurring financial charges | 65 | €787,366 | €5,266,314 | +€4.5m | +569% |
| Debt charges | 650 | €22,495 | €38,164 | +€15,669 | +69.7% |
| Other financial charges | 652/9 | €764,871 | €5,228,151 | +€4.5m | +584% |
| Non-recurring financial charges | 66B | €12,522,907 | €4,809,343 | -€7.7m | -61.6% |
| Profit (loss) for the period before taxes | 9903 | -€31,291 | €10,580,871 | +€10.6m | |
| Income taxes | 67/77 | €596,863 | €430,897 | -€165,966 | -27.8% |
| Taxes | 670/3 | €596,863 | €436,286 | -€160,577 | -26.9% |
| Tax adjustments and reversals of tax provisions | 77 | - | €5,389 | +€5,389 | |
| Profit (loss) for the period | 9904 | -€628,153 | €10,149,974 | +€10.8m | |
| Profit (loss) for the period to be appropriated | 9905 | -€628,153 | €10,149,974 | +€10.8m |
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 24 October 2026 via checked.be.