InVigo: 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.
InVigo
Largest movements
- Receivables within one year -€16,005
down €16,005 (-77.0%), from €20,788 to €4,782
of which Trade receivables: -€20,788
- Cash +€10,200
up €10,200 (+25.3%), from €40,382 to €50,581
mainly Receivables within one year (+€16,005) and Depreciation (+€9,035)
- Tangible fixed assets -€4,871
down €4,871 (-25.2%), from €19,315 to €14,444
of which Furniture and vehicles: -€4,736
- Deferred charges and accrued income -€1,139
down €1,139 (-19.3%), from €5,887 to €4,748
- Other debts -€7,581
down €7,581 (-88.6%), from €8,552 to €972
- Tax, wage and social debts -€4,494
down €4,494 (-54.9%), from €8,191 to €3,696
- Profit (loss) carried forward -€1,593
down €1,593, from €0 to -€1,593
- Trade debts +€1,549
up €1,549 (+94.4%), from €1,641 to €3,190
- Gross operating margin -€72,532
down €72,532 (-89.6%), from €80,970 to €8,439
- Taxes -€23,014
down €23,014 (-99.1%), from €23,232 to €218
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 | €86,372 | €74,556 | -€11,815 | -13.7% |
| Fixed assets | 21/28 | €19,315 | €14,444 | -€4,871 | -25.2% |
| Tangible fixed assets | 22/27 | €19,315 | €14,444 | -€4,871 | -25.2% |
| Plant, machinery and equipment | 23 | €135 | €0 | -€135 | -100% |
| Furniture and vehicles | 24 | €19,180 | €14,444 | -€4,736 | -24.7% |
| Current assets | 29/58 | €67,056 | €60,112 | -€6,944 | -10.4% |
| Amounts receivable within one year | 40/41 | €20,788 | €4,782 | -€16,005 | -77.0% |
| Trade receivables | 40 | €20,788 | €0 | -€20,788 | -100% |
| Other amounts receivable | 41 | - | €4,782 | +€4,782 | |
| Cash at bank and in hand | 54/58 | €40,382 | €50,581 | +€10,200 | +25.3% |
| Deferred charges and accrued income | 490/1 | €5,887 | €4,748 | -€1,139 | -19.3% |
| Total equity and liabilities | 10/49 | €86,372 | €74,556 | -€11,815 | -13.7% |
| Equity | 10/15 | €67,987 | €66,394 | -€1,593 | -2.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €47,987 | €47,987 | = | 0.0% |
| Distributable reserves | 133 | €47,987 | €47,987 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€1,593 | -€1,593 | |
| Amounts payable | 17/49 | €18,384 | €8,162 | -€10,223 | -55.6% |
| Amounts payable within one year | 42/48 | €18,384 | €7,858 | -€10,526 | -57.3% |
| Trade debts | 44 | €1,641 | €3,190 | +€1,549 | +94.4% |
| Suppliers | 440/4 | €1,641 | €3,190 | +€1,549 | +94.4% |
| Taxes, remuneration and social security | 45 | €8,191 | €3,696 | -€4,494 | -54.9% |
| Taxes | 450/3 | €8,191 | €3,696 | -€4,494 | -54.9% |
| Other amounts payable | 47/48 | €8,552 | €972 | -€7,581 | -88.6% |
| Accrued charges and deferred income | 492/3 | - | €304 | +€304 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,344 | €9,035 | -€308 | -3.3% |
| Other operating charges | 640/8 | €558 | €573 | +€14 | +2.6% |
| Gross operating margin | 9900 | €80,970 | €8,439 | -€72,532 | -89.6% |
| Operating profit (loss) | 9901 | €71,068 | -€1,169 | -€72,238 | |
| Financial income | 75/76B | €242 | €0 | -€242 | -100.0% |
| Recurring financial income | 75 | €242 | €0 | -€242 | -100.0% |
| Financial charges | 65/66B | €91 | €206 | +€115 | +126% |
| Recurring financial charges | 65 | €91 | €206 | +€115 | +126% |
| Profit (loss) for the period before taxes | 9903 | €71,219 | -€1,375 | -€72,594 | |
| Income taxes | 67/77 | €23,232 | €218 | -€23,014 | -99.1% |
| Profit (loss) for the period | 9904 | €47,987 | -€1,593 | -€49,580 | |
| Profit (loss) for the period to be appropriated | 9905 | €47,987 | -€1,593 | -€49,580 |
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 15 October 2026 via checked.be.