INVI-LEASE: what changed
INVI-LEASE
Largest movements
- Cash -€102,355
down €102,355 (-99.8%), from €102,552 to €197
mainly Net result for the year (-€100,664) and Trade debts (-€57,018)
- Tangible fixed assets -€35,709
down €35,709 (-73.0%), from €48,943 to €13,234
- Receivables within one year -€34,684
down €34,684 (-32.8%), from €105,715 to €71,031
of which Trade receivables: -€45,585
- Deferred charges and accrued income -€5,095
down €5,095 (-33.4%), from €15,254 to €10,159
- Profit (loss) carried forward -€100,664
down €100,664 (-93.0%), from €108,201 to €7,537
- Trade debts -€57,018
down €57,018 (-83.8%), from €68,039 to €11,022
- Debts after one year -€11,017
down €11,017 (-32.8%), from €33,631 to €22,614
- Accrued charges and deferred income -€6,784
down €6,784 (-82.4%), from €8,234 to €1,450
- Other debts -€3,705
down €3,705 (-98.4%), from €3,767 to €62
- Gross operating margin -€124,610
down €124,610, from €53,039 to -€71,571
- Depreciation -€14,171
down €14,171 (-76.1%), from €18,614 to €4,444
- Taxes -€5,738
no longer reported in 2025 (was €5,738)
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 | €276,464 | €98,735 | -€177,729 | -64.3% |
| Fixed assets | 21/28 | €48,943 | €13,234 | -€35,709 | -73.0% |
| Tangible fixed assets | 22/27 | €48,943 | €13,234 | -€35,709 | -73.0% |
| Furniture and vehicles | 24 | €48,943 | €13,234 | -€35,709 | -73.0% |
| Current assets | 29/58 | €227,521 | €85,501 | -€142,020 | -62.4% |
| Amounts receivable within one year | 40/41 | €105,715 | €71,031 | -€34,684 | -32.8% |
| Trade receivables | 40 | €99,354 | €53,769 | -€45,585 | -45.9% |
| Other amounts receivable | 41 | €6,361 | €17,262 | +€10,900 | +171% |
| Current investments | 50/53 | €4,000 | €4,114 | +€114 | +2.9% |
| Cash at bank and in hand | 54/58 | €102,552 | €197 | -€102,355 | -99.8% |
| Deferred charges and accrued income | 490/1 | €15,254 | €10,159 | -€5,095 | -33.4% |
| Total equity and liabilities | 10/49 | €276,464 | €98,735 | -€177,729 | -64.3% |
| Equity | 10/15 | €128,661 | €27,997 | -€100,664 | -78.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €108,201 | €7,537 | -€100,664 | -93.0% |
| Amounts payable | 17/49 | €147,803 | €70,738 | -€77,065 | -52.1% |
| Amounts payable after more than one year | 17 | €33,631 | €22,614 | -€11,017 | -32.8% |
| Financial debts | 170/4 | €33,631 | €22,614 | -€11,017 | -32.8% |
| Amounts payable within one year | 42/48 | €105,937 | €46,674 | -€59,263 | -55.9% |
| Current portion of amounts payable after more than one year | 42 | €18,880 | €20,276 | +€1,396 | +7.4% |
| Financial debts | 43 | €15,251 | €15,314 | +€63 | +0.4% |
| Credit institutions | 430/8 | €15,251 | €15,314 | +€63 | +0.4% |
| Trade debts | 44 | €68,039 | €11,022 | -€57,018 | -83.8% |
| Suppliers | 440/4 | €68,039 | €11,022 | -€57,018 | -83.8% |
| Other amounts payable | 47/48 | €3,767 | €62 | -€3,705 | -98.4% |
| Accrued charges and deferred income | 492/3 | €8,234 | €1,450 | -€6,784 | -82.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,614 | €4,444 | -€14,171 | -76.1% |
| Other operating charges | 640/8 | €7,547 | €7,751 | +€204 | +2.7% |
| Non-recurring operating charges | 66A | - | €12,046 | +€12,046 | |
| Gross operating margin | 9900 | €53,039 | -€71,571 | -€124,610 | |
| Operating profit (loss) | 9901 | €26,878 | -€95,812 | -€122,690 | |
| Financial income | 75/76B | €1 | €116 | +€116 | +14,458% |
| Recurring financial income | 75 | €1 | €116 | +€116 | +14,458% |
| Financial charges | 65/66B | €4,325 | €4,969 | +€644 | +14.9% |
| Recurring financial charges | 65 | €4,325 | €4,969 | +€644 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | €22,553 | -€100,664 | -€123,218 | |
| Income taxes | 67/77 | €5,738 | - | -€5,738 | |
| Profit (loss) for the period | 9904 | €16,816 | -€100,664 | -€117,480 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,816 | -€100,664 | -€117,480 |
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 5 November 2026 via checked.be.