What changed in this filing

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Item 7. Management’s Discussion and Analysis

2026-01-20 compared with 2025-03-03 · 25 added, 32 removed, 60 unchanged (49% of the section changed)

Management’s Discussion and Analysis of Financial Condition and Results of Operations

This section provides

management’s discussion of the financial condition, changes in financial condition and results of operations of Invech

Holdings, Inc .

This section provides management’s discussion of the financial

condition, changes in financial condition and results of operations of Invech Holdings, Inc .

with specific information on results of operations and liquidity and capital resources.

It includes management’s

interpretation of our financial results, the factors affecting these results, the major factors expected to affect future operating results

and future investment and financing plans.

This discussion should be read in conjunction with our consolidated financial statements and

notes thereto.

It includes management’s interpretation

of our financial results, the factors affecting these results, the major factors expected to affect future operating results and future

investment and financing plans.

This discussion should be read in conjunction with our consolidated financial statements and notes thereto.

Cautionary Statement

for the Purposes of the Safe Harbor under the Private Securities Litigation Reform Act of 1995

The statements contained

in this Annual Report on Form 10-K may contain “forward-looking statements” within the meaning of Section 27A of the Securities

Act of 1933 and Section 21E of the Securities Exchange Act of 1934.

All statements other than statements of historical fact included in

this Report are forward-looking statements made in good faith by us and are intended to qualify for the safe harbor from liability established

by the Private Securities Litigation Reform Act of 1995.

When used in this Report, or any other of our documents or oral presentations,

the words “anticipate”, “believe”, “estimate”, “expect”, “forecast”, “goal”,

“intend”, “objective”, “plan”, “projection”, “seek”, “strategy”

or similar words are intended to identify forward-looking statements.

Such forward-looking statements are subject to risks and uncertainties

that could cause actual results to differ materially from those expressed or implied in the statements relating to our strategy, operations,

markets, services, and other factors all of which are difficult to predict and many of which are beyond our control.

Accordingly, while

we believe these forward-looking statements to be reasonable, there can be no assurance that they will approximate actual experience or

that the expectations derived from them will be realized.

Further, we undertake no obligation to update or revise any of our forward-looking

statements whether as a result of new information, future events or otherwise.

The statements contained in this Annual Report on Form 10-K may contain

“forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities

Exchange Act of 1934.

All statements other than statements of historical fact included in this Report are forward-looking statements made

in good faith by us and are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform

When used in this Report, or any other of our documents or oral presentations, the words “anticipate”, “believe”,

“estimate”, “expect”, “forecast”, “goal”, “intend”, “objective”,

“plan”, “projection”, “seek”, “strategy” or similar words are intended to identify forward-looking

Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially

from those expressed or implied in the statements relating to our strategy, operations, markets, services, and other factors all of which

are difficult to predict and many of which are beyond our control.

Accordingly, while we believe these forward-looking statements to be

reasonable, there can be no assurance that they will approximate actual experience or that the expectations derived from them will be

Further, we undertake no obligation to update or revise any of our forward-looking statements whether as a result of new information,

future events or otherwise.

Results of Operations

25 unchanged sentences

compared with total liabilities of $9,834 as of December 31, 2024.

The Company decreased its liabilities in 2024 due to repayment of

a loan to an affiliate.

The Company increased its liabilities in 2025 due to operating expenses.

As of December 31, 2025, the Company had a working capital deficit

of $62,149 compared with a working capital deficit of $8,574 as of December 31, 2024.

During the year ended December 31, 2024, the Company issued 90,000,000

common shares.

During the year ended December 31, 2025, the Company issued 0 common

Cash Flows from Operating Activities

During the year ended December 31, 2024, the Company used $61,735

of cash for operating activities compared with $63,641 of cash for operating activities during the year ended December 31, 2023.

During the year ended December 31, 2025, the Company used $58,258 of

cash for operating activities compared with $61,735 of cash for operating activities during the year ended December 31, 2024.

Cash Flows from Investing Activities

25 unchanged sentences

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 7. Management’s Discussion and Analysis