INVESTITUS: what changed
What changed
INVESTITUS
filed annual accounts (NBB)
Net result for the year
-€27,490
2024 · -€36,797+€9,308
Equity
€19,127
2024 · €46,617-€27,490
Cash
€11,500
2024 · €19,848-€8,347
Balance sheet total
€887,996
2024 · €916,804-€28,809
Largest movements
Assets
- Tangible fixed assets -€37,817
down €37,817 (-4.4%), from €869,285 to €831,468
of which Land and buildings: -€37,510
- Receivables within one year +€18,364
up €18,364 (+71.2%), from €25,795 to €44,160
of which Trade receivables: +€20,692
Equity and liabilities
- Profit (loss) carried forward -€27,490
down €27,490 (-2.9%), from -€953,383 to -€980,873
Income statement
- Gross operating margin +€12,623
up €12,623 (+47.3%), from €26,712 to €39,335
- Other operating charges +€5,386
up €5,386 (+661%), from €815 to €6,201
- Financial charges -€794
down €794 (-3.4%), from €23,099 to €22,305
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.
Result 2024
-€36,797
Gross operating margin
+€12,623
Depreciation
-€320
Other operating charges
-€5,386
Other operating items
+€1,458
Financial income
-€28
Financial charges
+€794
Taxes
+€166
Result 2025
-€27,490
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€6,988
Investment
-€1,359
Financing
€0
Cash 2024
€19,848
From operations (derived)
-€6,988
Net result for the year
-€27,490
Depreciation
+€39,045
Receivables within one year
-€18,364
Deferred charges and accrued income
+€1,140
Trade debts
-€1,149
Tax, wage and social debts
-€159
Accrued charges and deferred income
-€10
Investment (derived)
-€1,359
Investment in fixed assets (net)
-€1,359
Cash 2025
€11,500
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €916,804 | €887,996 | -€28,809 | -3.1% |
| Fixed assets | 21/28 | €870,021 | €832,336 | -€37,685 | -4.3% |
| Tangible fixed assets | 22/27 | €869,285 | €831,468 | -€37,817 | -4.4% |
| Land and buildings | 22 | €868,064 | €830,554 | -€37,510 | -4.3% |
| Furniture and vehicles | 24 | €1,221 | €914 | -€307 | -25.2% |
| Financial fixed assets | 28 | €736 | €868 | +€132 | +17.9% |
| Current assets | 29/58 | €46,783 | €55,660 | +€8,877 | +19.0% |
| Amounts receivable within one year | 40/41 | €25,795 | €44,160 | +€18,364 | +71.2% |
| Trade receivables | 40 | €12,762 | €33,453 | +€20,692 | +162% |
| Other amounts receivable | 41 | €13,034 | €10,706 | -€2,328 | -17.9% |
| Cash at bank and in hand | 54/58 | €19,848 | €11,500 | -€8,347 | -42.1% |
| Deferred charges and accrued income | 490/1 | €1,140 | - | -€1,140 | |
| Total equity and liabilities | 10/49 | €916,804 | €887,996 | -€28,809 | -3.1% |
| Equity | 10/15 | €46,617 | €19,127 | -€27,490 | -59.0% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€953,383 | -€980,873 | -€27,490 | -2.9% |
| Amounts payable | 17/49 | €870,187 | €868,868 | -€1,319 | -0.2% |
| Amounts payable after more than one year | 17 | €859,000 | €859,000 | = | 0.0% |
| Financial debts | 170/4 | €859,000 | €859,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,168 | €860 | -€1,309 | -60.4% |
| Trade debts | 44 | €1,843 | €693 | -€1,149 | -62.4% |
| Suppliers | 440/4 | €1,843 | €693 | -€1,149 | -62.4% |
| Taxes, remuneration and social security | 45 | €326 | €166 | -€159 | -48.9% |
| Taxes | 450/3 | €326 | €166 | -€159 | -48.9% |
| Accrued charges and deferred income | 492/3 | €9,019 | €9,009 | -€10 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,725 | €39,045 | +€320 | +0.8% |
| Other operating charges | 640/8 | €815 | €6,201 | +€5,386 | +661% |
| Non-recurring operating charges | 66A | €1,458 | - | -€1,458 | |
| Gross operating margin | 9900 | €26,712 | €39,335 | +€12,623 | +47.3% |
| Operating profit (loss) | 9901 | -€14,286 | -€5,911 | +€8,375 | +58.6% |
| Financial income | 75/76B | €754 | €726 | -€28 | -3.7% |
| Recurring financial income | 75 | €754 | €726 | -€28 | -3.7% |
| Financial charges | 65/66B | €23,099 | €22,305 | -€794 | -3.4% |
| Recurring financial charges | 65 | €23,099 | €22,305 | -€794 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | -€36,631 | -€27,490 | +€9,141 | +25.0% |
| Income taxes | 67/77 | €166 | - | -€166 | |
| Profit (loss) for the period | 9904 | -€36,797 | -€27,490 | +€9,308 | +25.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,797 | -€27,490 | +€9,308 | +25.3% |
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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 6 November 2026 via checked.be.