PURE INVEST: 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.
PURE INVEST
Largest movements
- Tangible fixed assets +€548,177
up €548,177 (+320%), from €171,448 to €719,625
- Receivables within one year +€12,939
up €12,939 (+102%), from €12,625 to €25,564
of which Other amounts receivable: +€24,064
- Cash +€10,937
up €10,937 (+198%), from €5,516 to €16,453
mainly Debts after one year (+€441,281) and Contributions, distributions and other (+€174,437)
- Debts after one year +€441,281
up €441,281 (+266%), from €165,906 to €607,187
of which Financial debts: +€439,456
- Revaluation surpluses +€174,437
new in 2025: €174,437
- Profit (loss) carried forward -€87,910
down €87,910 (-199%), from -€44,180 to -€132,090
- Other debts +€27,979
up €27,979 (+45.5%), from €61,550 to €89,529
- Current portion of long-term debt +€12,811
up €12,811 (+222%), from €5,763 to €18,574
- Depreciation +€33,626
up €33,626 (+133%), from €25,222 to €58,849
- Financial charges +€9,399
up €9,399 (+131%), from €7,185 to €16,584
- Other operating charges +€2,948
up €2,948 (+209%), from €1,409 to €4,357
- Gross operating margin +€2,243
up €2,243 (+21.6%), from -€10,363 to -€8,120
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 | €191,280 | €763,404 | +€572,124 | +299% |
| Fixed assets | 21/28 | €172,447 | €720,624 | +€548,177 | +318% |
| Tangible fixed assets | 22/27 | €171,448 | €719,625 | +€548,177 | +320% |
| Land and buildings | 22 | €171,448 | €719,625 | +€548,177 | +320% |
| Financial fixed assets | 28 | €999 | €999 | = | 0.0% |
| Current assets | 29/58 | €18,833 | €42,780 | +€23,947 | +127% |
| Amounts receivable within one year | 40/41 | €12,625 | €25,564 | +€12,939 | +102% |
| Trade receivables | 40 | €11,125 | - | -€11,125 | |
| Other amounts receivable | 41 | €1,500 | €25,564 | +€24,064 | +1,604% |
| Cash at bank and in hand | 54/58 | €5,516 | €16,453 | +€10,937 | +198% |
| Deferred charges and accrued income | 490/1 | €692 | €763 | +€70 | +10.2% |
| Total equity and liabilities | 10/49 | €191,280 | €763,404 | +€572,124 | +299% |
| Equity | 10/15 | -€42,680 | €43,847 | +€86,527 | |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Revaluation surpluses | 12 | - | €174,437 | +€174,437 | |
| Profit (loss) carried forward | 14 | -€44,180 | -€132,090 | -€87,910 | -199% |
| Amounts payable | 17/49 | €233,960 | €719,557 | +€485,597 | +208% |
| Amounts payable after more than one year | 17 | €165,906 | €607,187 | +€441,281 | +266% |
| Financial debts | 170/4 | €164,626 | €604,082 | +€439,456 | +267% |
| Other amounts payable | 178/9 | €1,280 | €3,105 | +€1,825 | +143% |
| Amounts payable within one year | 42/48 | €68,054 | €109,303 | +€41,249 | +60.6% |
| Current portion of amounts payable after more than one year | 42 | €5,763 | €18,574 | +€12,811 | +222% |
| Trade debts | 44 | €741 | €1,200 | +€459 | +62.0% |
| Suppliers | 440/4 | €741 | €1,200 | +€459 | +62.0% |
| Other amounts payable | 47/48 | €61,550 | €89,529 | +€27,979 | +45.5% |
| Accrued charges and deferred income | 492/3 | - | €3,067 | +€3,067 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,222 | €58,849 | +€33,626 | +133% |
| Other operating charges | 640/8 | €1,409 | €4,357 | +€2,948 | +209% |
| Gross operating margin | 9900 | -€10,363 | -€8,120 | +€2,243 | +21.6% |
| Operating profit (loss) | 9901 | -€36,995 | -€71,326 | -€34,331 | -92.8% |
| Financial charges | 65/66B | €7,185 | €16,584 | +€9,399 | +131% |
| Recurring financial charges | 65 | €7,185 | €16,584 | +€9,399 | +131% |
| Profit (loss) for the period before taxes | 9903 | -€44,180 | -€87,910 | -€43,730 | -99.0% |
| Profit (loss) for the period | 9904 | -€44,180 | -€87,910 | -€43,730 | -99.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,180 | -€87,910 | -€43,730 | -99.0% |
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 16 October 2026 via checked.be.