INVACTO: 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.
INVACTO
Largest movements
- Cash -€37,761
down €37,761 (-98.0%), from €38,535 to €774
mainly Receivables within one year (-€21,784) and Current investments (-€19,236)
- Receivables within one year +€21,784
up €21,784 (+83.3%), from €26,139 to €47,924
of which Trade receivables: +€19,273
- Current investments +€19,236
up €19,236 (+46.2%), from €41,667 to €60,902
- Deferred charges and accrued income -€1,139
no longer reported in 2025 (was €1,139)
- Profit (loss) carried forward +€17,050
up €17,050 (+22.3%), from €76,439 to €93,489
- Tax, wage and social debts -€13,448
down €13,448 (-56.0%), from €24,024 to €10,576
of which Taxes: -€12,448
- Trade debts -€4,330
down €4,330 (-68.1%), from €6,354 to €2,024
- Accrued charges and deferred income +€1,918
new in 2025: €1,918
- Gross operating margin -€6,486
down €6,486 (-22.6%), from €28,676 to €22,191
- Taxes -€1,076
down €1,076 (-19.5%), from €5,506 to €4,430
- Financial income +€592
up €592 (+263%), from €225 to €818
- Depreciation +€323
up €323 (+53.4%), from €605 to €929
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 | €109,317 | €110,508 | +€1,191 | +1.1% |
| Fixed assets | 21/28 | €1,836 | €907 | -€929 | -50.6% |
| Tangible fixed assets | 22/27 | €1,836 | €907 | -€929 | -50.6% |
| Plant, machinery and equipment | 23 | €1,836 | €907 | -€929 | -50.6% |
| Current assets | 29/58 | €107,481 | €109,600 | +€2,120 | +2.0% |
| Amounts receivable within one year | 40/41 | €26,139 | €47,924 | +€21,784 | +83.3% |
| Trade receivables | 40 | €17,928 | €37,201 | +€19,273 | +108% |
| Other amounts receivable | 41 | €8,211 | €10,722 | +€2,511 | +30.6% |
| Current investments | 50/53 | €41,667 | €60,902 | +€19,236 | +46.2% |
| Cash at bank and in hand | 54/58 | €38,535 | €774 | -€37,761 | -98.0% |
| Deferred charges and accrued income | 490/1 | €1,139 | - | -€1,139 | |
| Total equity and liabilities | 10/49 | €109,317 | €110,508 | +€1,191 | +1.1% |
| Equity | 10/15 | €78,939 | €95,989 | +€17,050 | +21.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,439 | €93,489 | +€17,050 | +22.3% |
| Amounts payable | 17/49 | €30,378 | €14,519 | -€15,859 | -52.2% |
| Amounts payable within one year | 42/48 | €30,378 | €12,600 | -€17,778 | -58.5% |
| Trade debts | 44 | €6,354 | €2,024 | -€4,330 | -68.1% |
| Suppliers | 440/4 | €6,354 | €2,024 | -€4,330 | -68.1% |
| Taxes, remuneration and social security | 45 | €24,024 | €10,576 | -€13,448 | -56.0% |
| Taxes | 450/3 | €17,024 | €4,576 | -€12,448 | -73.1% |
| Remuneration and social security | 454/9 | €7,000 | €6,000 | -€1,000 | -14.3% |
| Accrued charges and deferred income | 492/3 | - | €1,918 | +€1,918 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €605 | €929 | +€323 | +53.4% |
| Other operating charges | 640/8 | €387 | €410 | +€23 | +5.9% |
| Gross operating margin | 9900 | €28,676 | €22,191 | -€6,486 | -22.6% |
| Operating profit (loss) | 9901 | €27,684 | €20,852 | -€6,832 | -24.7% |
| Financial income | 75/76B | €225 | €818 | +€592 | +263% |
| Recurring financial income | 75 | €225 | €818 | +€592 | +263% |
| Financial charges | 65/66B | €411 | €189 | -€222 | -54.0% |
| Recurring financial charges | 65 | €411 | €189 | -€222 | -54.0% |
| Profit (loss) for the period before taxes | 9903 | €27,498 | €21,480 | -€6,018 | -21.9% |
| Income taxes | 67/77 | €5,506 | €4,430 | -€1,076 | -19.5% |
| Profit (loss) for the period | 9904 | €21,992 | €17,050 | -€4,942 | -22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,992 | €17,050 | -€4,942 | -22.5% |
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 1 November 2026 via checked.be.