INVISIO: what changed
Two fiscal 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.
INVISIO
Largest movements
- Deferred charges and accrued income -€36,195
down €36,195 (-95.1%), from €38,051 to €1,856
- Cash +€34,842
up €34,842 (+459.1%), from €7,590 to €42,431
mainly Other debts (+€153,983) and Net result for the year (+€65,596)
- Tangible fixed assets +€7,931
up €7,931 (+1833.3%), from €433 to €8,364
of which Furniture and vehicles: +€8,326
- Other debts +€153,983
up €153,983 (+527.0%), from €29,220 to €183,203
- Reserves -€119,969
down €119,969 (-26.6%), from €450,194 to €330,225
- Current portion of long-term debt -€29,595
down €29,595 (-100.0%), from €29,595 to €0
- Gross operating margin +€4,897
up €4,897 (+5.1%), from €95,102 to €99,999
- Depreciation +€1,251
up €1,251 (+316.8%), from €395 to €1,645
- Taxes +€1,154
up €1,154 (+3.8%), from €30,494 to €31,648
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.
Cash bridge derived
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 | €541,994 | €553,607 | +€11,613 | +2.1% |
| Fixed assets | 21/28 | €481,712 | €489,643 | +€7,931 | +1.6% |
| Tangible fixed assets | 22/27 | €433 | €8,364 | +€7,931 | +1833.3% |
| Plant, machinery and equipment | 23 | €433 | €38 | -€395 | -91.2% |
| Furniture and vehicles | 24 | - | €8,326 | +€8,326 | |
| Financial fixed assets | 28 | €481,279 | €481,279 | = | 0.0% |
| Current assets | 29/58 | €60,282 | €63,964 | +€3,682 | +6.1% |
| Amounts receivable within one year | 40/41 | €14,642 | €19,677 | +€5,035 | +34.4% |
| Trade receivables | 40 | €14,634 | €18,767 | +€4,133 | +28.2% |
| Other amounts receivable | 41 | €8 | €910 | +€902 | +11936.9% |
| Cash at bank and in hand | 54/58 | €7,590 | €42,431 | +€34,842 | +459.1% |
| Deferred charges and accrued income | 490/1 | €38,051 | €1,856 | -€36,195 | -95.1% |
| Total equity and liabilities | 10/49 | €541,994 | €553,607 | +€11,613 | +2.1% |
| Equity | 10/15 | €462,594 | €342,625 | -€119,969 | -25.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €450,194 | €330,225 | -€119,969 | -26.6% |
| Distributable reserves | 133 | €450,194 | €330,225 | -€119,969 | -26.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €79,400 | €210,982 | +€131,582 | +165.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €79,400 | €210,613 | +€131,213 | +165.3% |
| Current portion of amounts payable after more than one year | 42 | €29,595 | €0 | -€29,595 | -100.0% |
| Trade debts | 44 | €514 | €1,881 | +€1,367 | +265.9% |
| Suppliers | 440/4 | €514 | €1,881 | +€1,367 | +265.9% |
| Taxes, remuneration and social security | 45 | €20,071 | €25,529 | +€5,458 | +27.2% |
| Taxes | 450/3 | €20,071 | €25,529 | +€5,458 | +27.2% |
| Other amounts payable | 47/48 | €29,220 | €183,203 | +€153,983 | +527.0% |
| Accrued charges and deferred income | 492/3 | - | €370 | +€370 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €395 | €1,645 | +€1,251 | +316.8% |
| Other operating charges | 640/8 | €852 | €610 | -€241 | -28.3% |
| Gross operating margin | 9900 | €95,102 | €99,999 | +€4,897 | +5.1% |
| Operating profit (loss) | 9901 | €93,856 | €97,743 | +€3,888 | +4.1% |
| Financial income | 75/76B | €0 | €10 | +€10 | |
| Recurring financial income | 75 | €0 | €10 | +€10 | |
| Financial charges | 65/66B | €1,132 | €509 | -€623 | -55.1% |
| Recurring financial charges | 65 | €1,132 | €509 | -€623 | -55.1% |
| Profit (loss) for the period before taxes | 9903 | €92,723 | €97,244 | +€4,521 | +4.9% |
| Income taxes | 67/77 | €30,494 | €31,648 | +€1,154 | +3.8% |
| Profit (loss) for the period | 9904 | €62,230 | €65,596 | +€3,367 | +5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €62,230 | €65,596 | +€3,367 | +5.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.