INVI: 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.
INVI
Largest movements
- Tangible fixed assets -€14,246
down €14,246 (-14.4%), from €98,865 to €84,618
- Intangible fixed assets -€8,929
down €8,929 (-45.4%), from €19,668 to €10,739
- Receivables within one year +€7,873
up €7,873 (+13.4%), from €58,842 to €66,715
of which Other amounts receivable: +€18,222
- Cash +€5,808
up €5,808 (+6,664%), from €87 to €5,895
mainly Trade debts (+€64,206) and Depreciation (+€23,175)
- Trade debts +€64,206
up €64,206 (+53.1%), from €120,954 to €185,160
- Profit (loss) carried forward -€61,576
down €61,576 (-90.0%), from -€68,429 to -€130,004
- Other debts -€21,594
no longer reported in 2025 (was €21,594)
- Tax, wage and social debts +€17,853
up €17,853 (+215%), from €8,309 to €26,162
of which Remuneration and social security: +€11,111
- Debts after one year -€9,741
down €9,741 (-11.2%), from €86,659 to €76,917
- Gross operating margin -€62,123
down €62,123 (-31.3%), from €198,548 to €136,426
- Staff costs -€9,804
down €9,804 (-5.5%), from €177,885 to €168,082
- Other operating charges -€3,778
down €3,778 (-77.3%), from €4,888 to €1,111
- Financial charges -€2,495
down €2,495 (-24.9%), from €10,002 to €7,507
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €200,654 | €192,158 | -€8,496 | -4.2% |
| Fixed assets | 21/28 | €118,532 | €95,357 | -€23,175 | -19.6% |
| Intangible fixed assets | 21 | €19,668 | €10,739 | -€8,929 | -45.4% |
| Tangible fixed assets | 22/27 | €98,865 | €84,618 | -€14,246 | -14.4% |
| Land and buildings | 22 | €67,890 | €65,655 | -€2,234 | -3.3% |
| Plant, machinery and equipment | 23 | €12,482 | €7,685 | -€4,797 | -38.4% |
| Furniture and vehicles | 24 | €1,886 | €869 | -€1,016 | -53.9% |
| Leasing and similar rights | 25 | €10,058 | €7,689 | -€2,369 | -23.6% |
| Other tangible fixed assets | 26 | €6,550 | €2,720 | -€3,830 | -58.5% |
| Current assets | 29/58 | €82,122 | €96,801 | +€14,679 | +17.9% |
| Amounts receivable after more than one year | 29 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 291 | €10,000 | €10,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €3,908 | €4,905 | +€997 | +25.5% |
| Stocks | 30/36 | €3,908 | €4,905 | +€997 | +25.5% |
| Amounts receivable within one year | 40/41 | €58,842 | €66,715 | +€7,873 | +13.4% |
| Trade receivables | 40 | €27,614 | €17,265 | -€10,349 | -37.5% |
| Other amounts receivable | 41 | €31,228 | €49,450 | +€18,222 | +58.4% |
| Cash at bank and in hand | 54/58 | €87 | €5,895 | +€5,808 | +6,664% |
| Deferred charges and accrued income | 490/1 | €9,285 | €9,285 | = | 0.0% |
| Total equity and liabilities | 10/49 | €200,654 | €192,158 | -€8,496 | -4.2% |
| Equity | 10/15 | -€49,829 | -€111,404 | -€61,576 | -124% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,429 | -€130,004 | -€61,576 | -90.0% |
| Amounts payable | 17/49 | €250,483 | €303,563 | +€53,080 | +21.2% |
| Amounts payable after more than one year | 17 | €86,659 | €76,917 | -€9,741 | -11.2% |
| Financial debts | 170/4 | €86,659 | €76,917 | -€9,741 | -11.2% |
| Amounts payable within one year | 42/48 | €163,243 | €226,064 | +€62,821 | +38.5% |
| Current portion of amounts payable after more than one year | 42 | €9,329 | €9,741 | +€412 | +4.4% |
| Financial debts | 43 | €3,056 | - | -€3,056 | |
| Other loans | 439 | €3,056 | - | -€3,056 | |
| Trade debts | 44 | €120,954 | €185,160 | +€64,206 | +53.1% |
| Suppliers | 440/4 | €120,954 | €185,160 | +€64,206 | +53.1% |
| Advances received on contracts in progress | 46 | - | €5,000 | +€5,000 | |
| Taxes, remuneration and social security | 45 | €8,309 | €26,162 | +€17,853 | +215% |
| Taxes | 450/3 | €240 | €6,982 | +€6,742 | +2,813% |
| Remuneration and social security | 454/9 | €8,069 | €19,180 | +€11,111 | +138% |
| Other amounts payable | 47/48 | €21,594 | - | -€21,594 | |
| Accrued charges and deferred income | 492/3 | €582 | €582 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €177,885 | €168,082 | -€9,804 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,333 | €23,175 | +€842 | +3.8% |
| Other operating charges | 640/8 | €4,888 | €1,111 | -€3,778 | -77.3% |
| Gross operating margin | 9900 | €198,548 | €136,426 | -€62,123 | -31.3% |
| Operating profit (loss) | 9901 | -€6,559 | -€55,942 | -€49,383 | -753% |
| Financial income | 75/76B | €1,037 | €2,439 | +€1,402 | +135% |
| Recurring financial income | 75 | €1,037 | €2,439 | +€1,402 | +135% |
| Financial charges | 65/66B | €10,002 | €7,507 | -€2,495 | -24.9% |
| Recurring financial charges | 65 | €10,002 | €7,507 | -€2,495 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | -€15,524 | -€61,010 | -€45,486 | -293% |
| Income taxes | 67/77 | €240 | €566 | +€326 | +136% |
| Profit (loss) for the period | 9904 | -€15,763 | -€61,576 | -€45,812 | -291% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,763 | -€61,576 | -€45,812 | -291% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.