Financial report
Profit and Loss
Operating expenses reached € 9,727,864 in 2025, 1% higher than 2024’s total of € 9,599,791.
Operating revenues increased by 2% to reach €9,791,296 in 2025, compared with €9,638,685 in 2024.
The 2025 net operating profit before exceptional results was €63,432. This is explained by effective expense management and the postponement of certain projects to 2026.
Invest Europe funded special projects with positive long-term impact on Invest Europe’s service level for € 708,070: the overhaul of the Invest Europe website, the Quiet Power Campaign not originally budgeted and structuring internal projects.
The 2025 net accounting loss was €644.638.
Balance Sheet
The balance sheet total was € 7,919,792 on December 31, 2025.
The cash position decreased to €6,771,298 on December 31, 2025, from €7,180,977 on December 31, 2024.
The net accounting loss resulted in a decrease in reserves from €5,897,144 to €5,252,506.
Budget 2026
For 2026, Invest Europe proposes a budget slightly at loss explained by exceptional projects.
The political uncertainties and the economic downturn might have an impact on the finances of the Association. The extent of this impact is difficult to assess at this time. Given cash reserves accumulated over past years, there is no immediate concern for the year to come.
The Board will closely monitor Invest Europe’s financial situation throughout the year.
Historic evolution (€m)
Summary of significant accounting policies
Fixed assets
Fixed assets are stated at cost less accumulated depreciation. Depreciation is provided over the estimated useful lives of assets using the straight line method.
Cash or cash equivalent
Cash and cash equivalent are carried at nominal value.
Receivables
Receivables are carried at nominal value. Provisions are made for all receivables during the year if no explicit confirmation or certainty about payment is available.
Provisions
Provisions are recognised for probable obligations when a reliable estimate of the amount can be made.
Liabilities
Trade payables and payroll liabilities are carried at nominal value.
Revenue recognition
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. With respect to the rendering of services, revenue is recognised by reference to the stage of completion.
Going concern
The association recorded accounting losses in 2025 and 2024, mainly due to the implementation of exceptional and non-recurring projects, amounting to €708,070 and €243,979 respectively. These expenditures represent one-off strategic investments, financed by retained earnings from prior years, and are intended to support the association’s long-term development. In this context, the Board of Directors confirms that the preparation of the annual accounts on a going concern basis is appropriate. It further considers that this situation does not call into question the association’s ability to continue its activities in the foreseeable future.