INNOGREEN
Dissolved and wound up on 04-03-2026Financials · financial year 2025, micro format
Annual accounts 2025 filed on 28-12-2025 at the NBB all 3 filings
Turnover
≈ €93,000
Estimated: probably between €43,000 and €220,000
Total assets
€225,740▼ 2.2%
2024 · €230,828
Net result
€1,447▼ 90.4%
2024 · €15,150
Working capital
€220,401▲ 1.6%
2024 · €217,020
Multi-year overview
2023 to 2025, 3 financial yearsOperating result
€2,431
▼ 89.4%
2025
20232025
Net result
€1,447
▼ 90.4%
2025
20232025
Equity
€221,914
▲ 0.7%
2025
20232025
Total assets
€225,740
▼ 2.2%
2025
20232025
Debt
€3,826
▼ 63.1%
2025
20232025
Working capital
€220,401
▲ 1.6%
2025
20232025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202320242025
Operating result€10,176-€22,990▲ 126%€2,431▼ 89.4%
Net result€6,574-€15,150▲ 130%€1,447▼ 90.4%
Equity€205,318-€220,467▲ 7.4%€221,914▲ 0.7%
Total assets€247,551-€230,828▼ 6.8%€225,740▼ 2.2%
Debt€42,233-€10,361▼ 75.5%€3,826▼ 63.1%
Working capital€201,008-€217,020▲ 8.0%€220,401▲ 1.6%
The operating result for 2025 is 89% lower than in 2024 and the lowest since 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €225,740
Fixed assets
€1,513 ▼ 56.1%
Current assets
€224,227 ▼ 1.4%
Equity and liabilities €225,740
Equity
€221,914 ▲ 0.7%
Debt
€3,826 ▼ 63.1%
Debt's share of the balance-sheet total falls from 4.5% to 1.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€4,365▼
2024 · €24,917
Cash flow
€3,381▼
2024 · €17,076
Current ratio
58.61▲
2024 · 21.95
Debt to equity
0.02▼
2024 · 0.05
ROE
0.7%▼
2024 · 6.9%
ROA
0.6%▼
2024 · 6.6%
Interest coverage
2.05▼
2024 · 16.69
Debt ≤ 1 year
€3,826▼
2024 · €10,361
Income taxes
€1,528▼
2024 · €8,324
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|
| Tangible fixed assets | €4,492 | €1,065 | - |
| Depreciation and write-downs of the year | €1,883 | €1,927 | €1,935 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,883 | €1,927 | €1,935 | ▲ 0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €0 | - | €6,701 | - |
| Other operating charges640/8 | €1,024 | €1,108 | €1,142 | ▲ 3.0% |
| Non-recurring operating charges66A | - | €278 | €0 | ▼ 100% |
| Gross operating margin9900 | €13,083 | €26,303 | €12,208 | ▼ 53.6% |
| Operating profit (loss)9901 | €10,176 | €22,990 | €2,431 | ▼ 89.4% |
| Financial income75/76B | €1,527 | €1,977 | €2,674 | ▲ 35.3% |
| Recurring financial income75 | €1,527 | €1,977 | €2,674 | ▲ 35.3% |
| Financial charges65/66B | €1,395 | €1,493 | €2,129 | ▲ 42.6% |
| Recurring financial charges65 | €1,395 | €1,493 | €2,129 | ▲ 42.6% |
| Profit (loss) for the period before taxes9903 | €10,309 | €23,474 | €2,975 | ▼ 87.3% |
| Income taxes67/77 | €3,735 | €8,324 | €1,528 | ▼ 81.6% |
| Profit (loss) for the period9904 | €6,574 | €15,150 | €1,447 | ▼ 90.4% |
| Profit (loss) for the period to be appropriated9905 | €6,574 | €15,150 | €1,447 | ▼ 90.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €247,551 | €230,828 | €225,740 | ▼ 2.2% |
| Fixed assets21/28 | €4,310 | €3,447 | €1,513 | ▼ 56.1% |
| Tangible fixed assets22/27 | €4,310 | €3,447 | €1,513 | ▼ 56.1% |
| Plant, machinery and equipment23 | €249 | €167 | €85 | ▼ 49.3% |
| Furniture and vehicles24 | €4,060 | €3,280 | €1,428 | ▼ 56.5% |
| Current assets29/58 | €243,241 | €227,381 | €224,227 | ▼ 1.4% |
| Amounts receivable within one year40/41 | €31,777 | €21,659 | €34,985 | ▲ 61.5% |
| Trade receivables40 | €22,330 | €20,882 | €12,322 | ▼ 41.0% |
| Other amounts receivable41 | €9,447 | €777 | €22,663 | ▲ 29× |
| Current investments50/53 | €50,000 | €50,000 | €89,946 | ▲ 79.9% |
| Cash at bank and in hand54/58 | €160,833 | €155,061 | €98,075 | ▼ 36.8% |
| Deferred charges and accrued income490/1 | €631 | €660 | €1,221 | ▲ 85.0% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €247,551 | €230,828 | €225,740 | ▼ 2.2% |
| Equity10/15 | €205,318 | €220,467 | €221,914 | ▲ 0.7% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €186,718 | €201,867 | €203,314 | ▲ 0.7% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €184,858 | €200,007 | €201,454 | ▲ 0.7% |
| Amounts payable17/49 | €42,233 | €10,361 | €3,826 | ▼ 63.1% |
| Amounts payable within one year42/48 | €42,233 | €10,361 | €3,826 | ▼ 63.1% |
| Trade debts44 | €5,618 | €1,216 | €2,129 | ▲ 75.0% |
| Suppliers440/4 | €5,618 | €1,216 | €2,129 | ▲ 75.0% |
| Taxes, remuneration and social security45 | €2,846 | €8,581 | €1,697 | ▼ 80.2% |
| Taxes450/3 | €2,846 | €8,581 | €1,697 | ▼ 80.2% |
| Other amounts payable47/48 | €33,770 | €563 | €0 | ▼ 100% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,574 | €15,150 | €1,447 | ▼ 90.4% |
| + Depreciation and write-downs630 | €1,883 | €1,927 | €1,935 | ▲ 0.4% |
| Operating cash flow (approximation) | €8,457 | €17,076 | €3,381 | ▼ 80.2% |
| Investment in fixed assets (approximation) | - | -€1,065 | €0 | - |
| Change in cash | - | -€5,772 | -€56,986 | ▼ 887% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.