Missing Invest: 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.
Missing Invest
Largest movements
- Cash +€75,063
up €75,063 (+1685.2%), from €4,454 to €79,517
mainly Current investments (+€50,000) and Net result for the year (+€32,380)
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Tangible fixed assets -€25,199
down €25,199 (-2.7%), from €929,478 to €904,278
- Debts after one year -€35,935
down €35,935 (-10.1%), from €355,471 to €319,536
- Reserves +€32,380
up €32,380 (+39.6%), from €81,758 to €114,137
- Gross operating margin +€10,538
up €10,538 (+14.4%), from €73,337 to €83,875
- Taxes +€3,246
up €3,246 (+39.9%), from €8,127 to €11,373
- Financial income +€1,261
up €1,261 (+221.1%), from €570 to €1,831
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 | €986,009 | €985,943 | -€66 | 0.0% |
| Fixed assets | 21/28 | €929,478 | €904,278 | -€25,199 | -2.7% |
| Tangible fixed assets | 22/27 | €929,478 | €904,278 | -€25,199 | -2.7% |
| Land and buildings | 22 | €929,478 | €904,278 | -€25,199 | -2.7% |
| Current assets | 29/58 | €56,531 | €81,665 | +€25,134 | +44.5% |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €4,454 | €79,517 | +€75,063 | +1685.2% |
| Deferred charges and accrued income | 490/1 | €2,077 | €2,148 | +€71 | +3.4% |
| Total equity and liabilities | 10/49 | €986,009 | €985,943 | -€66 | 0.0% |
| Equity | 10/15 | €331,758 | €364,137 | +€32,380 | +9.8% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €81,758 | €114,137 | +€32,380 | +39.6% |
| Distributable reserves | 133 | €81,758 | €114,137 | +€32,380 | +39.6% |
| Amounts payable | 17/49 | €654,251 | €621,806 | -€32,445 | -5.0% |
| Amounts payable after more than one year | 17 | €355,471 | €319,536 | -€35,935 | -10.1% |
| Financial debts | 170/4 | €355,471 | €319,536 | -€35,935 | -10.1% |
| Amounts payable within one year | 42/48 | €292,530 | €296,019 | +€3,490 | +1.2% |
| Current portion of amounts payable after more than one year | 42 | €35,443 | €35,935 | +€492 | +1.4% |
| Trade debts | 44 | €4,131 | €4,261 | +€130 | +3.1% |
| Suppliers | 440/4 | €4,131 | €4,261 | +€130 | +3.1% |
| Taxes, remuneration and social security | 45 | €2,956 | €5,824 | +€2,868 | +97.0% |
| Taxes | 450/3 | €2,956 | €5,824 | +€2,868 | +97.0% |
| Other amounts payable | 47/48 | €250,000 | €250,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €6,250 | €6,250 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,199 | €25,199 | = | 0.0% |
| Other operating charges | 640/8 | €5,131 | €5,283 | +€152 | +3.0% |
| Gross operating margin | 9900 | €73,337 | €83,875 | +€10,538 | +14.4% |
| Operating profit (loss) | 9901 | €43,007 | €53,393 | +€10,385 | +24.1% |
| Financial income | 75/76B | €570 | €1,831 | +€1,261 | +221.1% |
| Recurring financial income | 75 | €570 | €1,831 | +€1,261 | +221.1% |
| Financial charges | 65/66B | €11,956 | €11,471 | -€485 | -4.1% |
| Recurring financial charges | 65 | €11,956 | €11,471 | -€485 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €31,621 | €43,753 | +€12,131 | +38.4% |
| Income taxes | 67/77 | €8,127 | €11,373 | +€3,246 | +39.9% |
| Profit (loss) for the period | 9904 | €23,494 | €32,380 | +€8,886 | +37.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,494 | €32,380 | +€8,886 | +37.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.