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INVESTRO: 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

INVESTRO

BE 0500.860.983
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€37,656
2024 · -€1,767+€39,424
Equity
€7,677
2024 · -€29,980+€37,656
Cash
€483
2024 · €174+€310
Balance sheet total
€111,765
2024 · €174+€111,591

Largest movements

2024 to 2025
Assets
  • Stocks and contracts +€111,282

    new in 2025: €111,282

Equity and liabilities
  • Other debts +€70,381

    up €70,381 (+276%), from €25,495 to €95,876

  • Profit (loss) carried forward +€37,656

    up €37,656 (+65.7%), from -€57,320 to -€19,663

  • Trade debts +€3,554

    up €3,554 (+76.3%), from €4,658 to €8,213

Income statement
  • Gross operating margin +€39,908

    up €39,908, from -€908 to €39,001

  • Other operating charges +€480

    up €480 (+66.4%), from €723 to €1,204

From the 2024 result to the 2025 result

effect on the 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 -€1,767
Gross operating margin +€39,908
Other operating charges -€480
Financial charges -€4
Result 2025 €37,656
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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 +€310
Investment €0
Financing €0
Cash 2024 €174
Net result for the year +€37,656
Stocks and contracts -€111,282
Trade debts +€3,554
Other debts +€70,381
Cash 2025 €483
brings cash intakes cash out
Every line side by side 24 lines
Line Code 2024 2025 Change %
Total assets 20/58 €174 €111,765 +€111,591 +64,258%
Current assets 29/58 €174 €111,765 +€111,591 +64,258%
Stocks and contracts in progress 3 - €111,282 +€111,282
Stocks 30/36 - €111,282 +€111,282
Cash at bank and in hand 54/58 €174 €483 +€310 +178%
Total equity and liabilities 10/49 €174 €111,765 +€111,591 +64,258%
Equity 10/15 -€29,980 €7,677 +€37,656
Contributions 10/11 €26,000 €26,000 = 0.0%
Reserves 13 €1,340 €1,340 = 0.0%
Distributable reserves 133 €1,340 €1,340 = 0.0%
Profit (loss) carried forward 14 -€57,320 -€19,663 +€37,656 +65.7%
Amounts payable 17/49 €30,154 €104,088 +€73,935 +245%
Amounts payable within one year 42/48 €30,154 €104,088 +€73,935 +245%
Trade debts 44 €4,658 €8,213 +€3,554 +76.3%
Suppliers 440/4 €4,658 €8,213 +€3,554 +76.3%
Other amounts payable 47/48 €25,495 €95,876 +€70,381 +276%
Other operating charges 640/8 €723 €1,204 +€480 +66.4%
Gross operating margin 9900 -€908 €39,001 +€39,908
Operating profit (loss) 9901 -€1,631 €37,797 +€39,428
Financial charges 65/66B €136 €141 +€4 +3.2%
Recurring financial charges 65 €136 €141 +€4 +3.2%
Profit (loss) for the period before taxes 9903 -€1,767 €37,656 +€39,424
Profit (loss) for the period 9904 -€1,767 €37,656 +€39,424
Profit (loss) for the period to be appropriated 9905 -€1,767 €37,656 +€39,424

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 17 October 2026 via checked.be.