INVITA: 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.
INVITA
Largest movements
- Cash -€4,689
down €4,689 (-16.0%), from €29,384 to €24,695
mainly Investment in fixed assets (net) (-€4,578) and Net result for the year (-€1,026)
- Tangible fixed assets +€3,663
up €3,663 (+6.9%), from €52,700 to €56,363
- Reserves -€1,026
down €1,026 (-1.5%), from €68,167 to €67,141
- Financial charges -€24,599
down €24,599 (-99.8%), from €24,644 to €45
of which Non-recurring financial charges: -€24,600
- Other operating charges -€1,108
no longer reported in 2025 (was €1,108)
- Depreciation +€916
new in 2025: €916
- Gross operating margin +€562
up €562 (+89.5%), from -€628 to -€66
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 | €82,084 | €81,058 | -€1,026 | -1.3% |
| Fixed assets | 21/28 | €52,700 | €56,363 | +€3,663 | +6.9% |
| Tangible fixed assets | 22/27 | €52,700 | €56,363 | +€3,663 | +6.9% |
| Furniture and vehicles | 24 | €52,700 | €56,363 | +€3,663 | +6.9% |
| Financial fixed assets | 28 | €0 | €0 | = | |
| Current assets | 29/58 | €29,384 | €24,695 | -€4,689 | -16.0% |
| Amounts receivable within one year | 40/41 | €0 | €0 | = | |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €29,384 | €24,695 | -€4,689 | -16.0% |
| Total equity and liabilities | 10/49 | €82,084 | €81,058 | -€1,026 | -1.3% |
| Equity | 10/15 | €80,567 | €79,541 | -€1,026 | -1.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €68,167 | €67,141 | -€1,026 | -1.5% |
| Distributable reserves | 133 | €68,167 | €67,141 | -€1,026 | -1.5% |
| Amounts payable | 17/49 | €1,517 | €1,517 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,517 | €1,517 | = | 0.0% |
| Trade debts | 44 | €1,500 | €1,500 | = | 0.0% |
| Suppliers | 440/4 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €17 | €17 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €916 | +€916 | |
| Other operating charges | 640/8 | €1,108 | - | -€1,108 | |
| Gross operating margin | 9900 | -€628 | -€66 | +€562 | +89.5% |
| Operating profit (loss) | 9901 | -€1,736 | -€981 | +€754 | +43.5% |
| Financial charges | 65/66B | €24,644 | €45 | -€24,599 | -99.8% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Non-recurring financial charges | 66B | €24,600 | - | -€24,600 | |
| Profit (loss) for the period before taxes | 9903 | -€26,379 | -€1,026 | +€25,353 | +96.1% |
| Profit (loss) for the period | 9904 | -€26,379 | -€1,026 | +€25,353 | +96.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,379 | -€1,026 | +€25,353 | +96.1% |
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.