B Innovated: 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.
B Innovated
Largest movements
- Cash +€29,981
up €29,981 (+33.9%), from €88,461 to €118,442
mainly Net result for the year (+€67,394) and Other debts (+€61,250)
- Tangible fixed assets -€1,759
down €1,759 (-32.0%), from €5,496 to €3,737
of which Other tangible fixed assets: -€1,759
- Receivables within one year +€1,672
up €1,672 (+9,480%), from €18 to €1,690
- Deferred charges and accrued income -€1,296
down €1,296 (-54.2%), from €2,389 to €1,093
- Other debts +€61,250
up €61,250 (+169%), from €36,307 to €97,557
- Reserves -€43,152
down €43,152 (-99.3%), from €43,452 to €300
of which Distributable reserves: -€43,152
- Tax, wage and social debts +€10,872
up €10,872 (+96.3%), from €11,292 to €22,165
of which Taxes: +€9,846
- Gross operating margin +€52,574
up €52,574 (+140%), from €37,506 to €90,080
- Taxes +€10,271
up €10,271 (+128%), from €8,038 to €18,309
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 | €96,364 | €124,962 | +€28,598 | +29.7% |
| Fixed assets | 21/28 | €5,496 | €3,737 | -€1,759 | -32.0% |
| Tangible fixed assets | 22/27 | €5,496 | €3,737 | -€1,759 | -32.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €5,496 | €3,737 | -€1,759 | -32.0% |
| Current assets | 29/58 | €90,868 | €121,225 | +€30,357 | +33.4% |
| Amounts receivable within one year | 40/41 | €18 | €1,690 | +€1,672 | +9,480% |
| Other amounts receivable | 41 | €18 | €1,690 | +€1,672 | +9,480% |
| Cash at bank and in hand | 54/58 | €88,461 | €118,442 | +€29,981 | +33.9% |
| Deferred charges and accrued income | 490/1 | €2,389 | €1,093 | -€1,296 | -54.2% |
| Total equity and liabilities | 10/49 | €96,364 | €124,962 | +€28,598 | +29.7% |
| Equity | 10/15 | €46,452 | €3,300 | -€43,152 | -92.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €43,452 | €300 | -€43,152 | -99.3% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €300 | €300 | = | 0.0% |
| Distributable reserves | 133 | €43,152 | €0 | -€43,152 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €49,912 | €121,662 | +€71,750 | +144% |
| Amounts payable within one year | 42/48 | €49,912 | €121,662 | +€71,750 | +144% |
| Financial debts | 43 | €0 | €271 | +€271 | |
| Credit institutions | 430/8 | €0 | €271 | +€271 | |
| Trade debts | 44 | €2,312 | €1,668 | -€643 | -27.8% |
| Suppliers | 440/4 | €2,312 | €1,668 | -€643 | -27.8% |
| Taxes, remuneration and social security | 45 | €11,292 | €22,165 | +€10,872 | +96.3% |
| Taxes | 450/3 | €8,790 | €18,637 | +€9,846 | +112% |
| Remuneration and social security | 454/9 | €2,502 | €3,528 | +€1,026 | +41.0% |
| Other amounts payable | 47/48 | €36,307 | €97,557 | +€61,250 | +169% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,098 | €1,759 | +€661 | +60.2% |
| Other operating charges | 640/8 | €1,327 | €1,246 | -€80 | -6.1% |
| Gross operating margin | 9900 | €37,506 | €90,080 | +€52,574 | +140% |
| Operating profit (loss) | 9901 | €35,082 | €87,075 | +€51,993 | +148% |
| Financial income | 75/76B | €426 | €58 | -€368 | -86.3% |
| Recurring financial income | 75 | €426 | €58 | -€368 | -86.3% |
| Financial charges | 65/66B | €967 | €1,430 | +€463 | +47.8% |
| Recurring financial charges | 65 | €967 | €1,430 | +€463 | +47.8% |
| Profit (loss) for the period before taxes | 9903 | €34,540 | €85,703 | +€51,163 | +148% |
| Income taxes | 67/77 | €8,038 | €18,309 | +€10,271 | +128% |
| Profit (loss) for the period | 9904 | €26,502 | €67,394 | +€40,892 | +154% |
| Profit (loss) for the period to be appropriated | 9905 | €26,502 | €67,394 | +€40,892 | +154% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.