INNO ART: 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.
INNO ART
Largest movements
- Receivables within one year +€257,301
up €257,301 (+212%), from €121,522 to €378,823
of which Trade receivables: +€257,386
- Tangible fixed assets -€26,617
down €26,617 (-22.2%), from €120,116 to €93,499
of which Furniture and vehicles: -€17,513
- Cash -€13,274
down €13,274 (-27.2%), from €48,884 to €35,611
mainly Receivables within one year (-€257,301) and Other debts (-€61,758)
- Reserves +€230,845
up €230,845 (+12,411%), from €1,860 to €232,705
of which Distributable reserves: +€232,705
- Other debts -€61,758
down €61,758 (-31.5%), from €196,123 to €134,365
- Tax, wage and social debts +€55,346
up €55,346 (+309%), from €17,926 to €73,272
- Accrued charges and deferred income -€6,906
down €6,906 (-87.3%), from €7,911 to €1,005
- Gross operating margin +€177,228
up €177,228 (+92.5%), from €191,525 to €368,753
- Taxes +€66,518
up €66,518 (+155%), from €42,889 to €109,407
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 | €295,522 | €512,932 | +€217,410 | +73.6% |
| Fixed assets | 21/28 | €125,116 | €98,499 | -€26,617 | -21.3% |
| Tangible fixed assets | 22/27 | €120,116 | €93,499 | -€26,617 | -22.2% |
| Plant, machinery and equipment | 23 | €2,046 | €1,036 | -€1,010 | -49.4% |
| Furniture and vehicles | 24 | €52,540 | €35,027 | -€17,513 | -33.3% |
| Other tangible fixed assets | 26 | €65,530 | €57,437 | -€8,094 | -12.4% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €170,406 | €414,433 | +€244,027 | +143% |
| Amounts receivable within one year | 40/41 | €121,522 | €378,823 | +€257,301 | +212% |
| Trade receivables | 40 | €121,436 | €378,823 | +€257,386 | +212% |
| Other amounts receivable | 41 | €86 | - | -€86 | |
| Cash at bank and in hand | 54/58 | €48,884 | €35,611 | -€13,274 | -27.2% |
| Total equity and liabilities | 10/49 | €295,522 | €512,932 | +€217,410 | +73.6% |
| Equity | 10/15 | €68,761 | €299,606 | +€230,845 | +336% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €232,705 | +€230,845 | +12,411% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €232,705 | +€232,705 | |
| Profit (loss) carried forward | 14 | €48,301 | €48,301 | = | 0.0% |
| Amounts payable | 17/49 | €226,761 | €213,327 | -€13,435 | -5.9% |
| Amounts payable within one year | 42/48 | €218,850 | €212,322 | -€6,529 | -3.0% |
| Trade debts | 44 | €4,801 | €4,685 | -€116 | -2.4% |
| Suppliers | 440/4 | €4,801 | €4,685 | -€116 | -2.4% |
| Taxes, remuneration and social security | 45 | €17,926 | €73,272 | +€55,346 | +309% |
| Taxes | 450/3 | €17,926 | €73,272 | +€55,346 | +309% |
| Other amounts payable | 47/48 | €196,123 | €134,365 | -€61,758 | -31.5% |
| Accrued charges and deferred income | 492/3 | €7,911 | €1,005 | -€6,906 | -87.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,580 | €27,748 | +€168 | +0.6% |
| Other operating charges | 640/8 | €830 | €955 | +€125 | +15.1% |
| Gross operating margin | 9900 | €191,525 | €368,753 | +€177,228 | +92.5% |
| Operating profit (loss) | 9901 | €163,115 | €340,050 | +€176,935 | +108% |
| Financial income | 75/76B | €177 | €299 | +€122 | +69.2% |
| Recurring financial income | 75 | €177 | €299 | +€122 | +69.2% |
| Financial charges | 65/66B | €286 | €98 | -€189 | -66.0% |
| Recurring financial charges | 65 | €286 | €98 | -€189 | -66.0% |
| Profit (loss) for the period before taxes | 9903 | €163,005 | €340,252 | +€177,246 | +109% |
| Income taxes | 67/77 | €42,889 | €109,407 | +€66,518 | +155% |
| Profit (loss) for the period | 9904 | €120,116 | €230,845 | +€110,729 | +92.2% |
| Profit (loss) for the period to be appropriated | 9905 | €120,116 | €230,845 | +€110,729 | +92.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.