Invoicebar: 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.
Invoicebar
Largest movements
- Cash +€32,698
up €32,698 (+92.8%), from €35,221 to €67,919
mainly Net result for the year (+€17,907) and Receivables within one year (+€13,177)
- Receivables within one year -€13,177
down €13,177 (-75.2%), from €17,523 to €4,347
of which Trade receivables: -€9,680
- Tangible fixed assets -€1,854
down €1,854 (-67.6%), from €2,741 to €887
of which Plant, machinery and equipment: -€1,594
- Reserves +€17,850
up €17,850 (+49.5%), from €36,091 to €53,941
- Tax, wage and social debts -€2,231
down €2,231 (-86.0%), from €2,594 to €363
- Other debts +€1,255
up €1,255 (+1,053%), from €119 to €1,375
- Gross operating margin +€1,193
up €1,193 (+4.6%), from €25,807 to €27,000
- Financial income -€320
down €320 (-94.6%), from €338 to €18
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 | €58,074 | €75,420 | +€17,346 | +29.9% |
| Fixed assets | 21/28 | €3,491 | €1,637 | -€1,854 | -53.1% |
| Tangible fixed assets | 22/27 | €2,741 | €887 | -€1,854 | -67.6% |
| Plant, machinery and equipment | 23 | €2,481 | €887 | -€1,594 | -64.2% |
| Furniture and vehicles | 24 | €260 | €0 | -€260 | -100% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €54,583 | €73,783 | +€19,199 | +35.2% |
| Amounts receivable within one year | 40/41 | €17,523 | €4,347 | -€13,177 | -75.2% |
| Trade receivables | 40 | €9,680 | €0 | -€9,680 | -100% |
| Other amounts receivable | 41 | €7,843 | €4,347 | -€3,497 | -44.6% |
| Current investments | 50/53 | €1,501 | €1,517 | +€16 | +1.1% |
| Cash at bank and in hand | 54/58 | €35,221 | €67,919 | +€32,698 | +92.8% |
| Deferred charges and accrued income | 490/1 | €338 | €0 | -€338 | -100% |
| Total equity and liabilities | 10/49 | €58,074 | €75,420 | +€17,346 | +29.9% |
| Equity | 10/15 | €55,080 | €72,987 | +€17,907 | +32.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €36,091 | €53,941 | +€17,850 | +49.5% |
| Distributable reserves | 133 | €36,091 | €53,941 | +€17,850 | +49.5% |
| Profit (loss) carried forward | 14 | €389 | €446 | +€57 | +14.7% |
| Amounts payable | 17/49 | €2,994 | €2,433 | -€562 | -18.8% |
| Amounts payable within one year | 42/48 | €2,994 | €2,433 | -€562 | -18.8% |
| Trade debts | 44 | €281 | €695 | +€414 | +147% |
| Suppliers | 440/4 | €281 | €695 | +€414 | +147% |
| Taxes, remuneration and social security | 45 | €2,594 | €363 | -€2,231 | -86.0% |
| Taxes | 450/3 | €2,594 | €363 | -€2,231 | -86.0% |
| Other amounts payable | 47/48 | €119 | €1,375 | +€1,255 | +1,053% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,873 | €1,854 | -€19 | -1.0% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €25,807 | €27,000 | +€1,193 | +4.6% |
| Operating profit (loss) | 9901 | €23,428 | €24,627 | +€1,198 | +5.1% |
| Financial income | 75/76B | €338 | €18 | -€320 | -94.6% |
| Recurring financial income | 75 | €338 | €18 | -€320 | -94.6% |
| Financial charges | 65/66B | €59 | €55 | -€3 | -5.3% |
| Recurring financial charges | 65 | €59 | €55 | -€3 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €23,708 | €24,589 | +€881 | +3.7% |
| Income taxes | 67/77 | €6,477 | €6,682 | +€205 | +3.2% |
| Profit (loss) for the period | 9904 | €17,231 | €17,907 | +€676 | +3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,231 | €17,907 | +€676 | +3.9% |
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 29 October 2026 via checked.be.