Inno@Work: 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@Work
Largest movements
- Tangible fixed assets -€12,188
down €12,188 (-23.9%), from €51,004 to €38,816
- Receivables within one year -€4,144
down €4,144 (-91.1%), from €4,550 to €406
of which Trade receivables: -€4,175
- Cash +€1,787
up €1,787 (+28.5%), from €6,277 to €8,064
mainly Depreciation (+€12,188) and Receivables within one year (+€4,144)
- Deferred charges and accrued income +€708
up €708 (+170%), from €418 to €1,126
- Other debts -€9,373
down €9,373 (-19.2%), from €48,903 to €39,530
- Profit (loss) carried forward -€4,978
new in 2025: -€4,978
- Gross operating margin -€8,368
down €8,368 (-49.1%), from €17,046 to €8,677
- Depreciation +€3,447
up €3,447 (+39.4%), from €8,741 to €12,188
- Taxes -€1,546
down €1,546 (-89.3%), from €1,732 to €186
- Financial charges +€473
up €473 (+113%), from €420 to €893
- Other operating charges +€389
new in 2025: €389
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 | €62,249 | €48,412 | -€13,836 | -22.2% |
| Fixed assets | 21/28 | €51,004 | €38,816 | -€12,188 | -23.9% |
| Tangible fixed assets | 22/27 | €51,004 | €38,816 | -€12,188 | -23.9% |
| Furniture and vehicles | 24 | €51,004 | €38,816 | -€12,188 | -23.9% |
| Current assets | 29/58 | €11,245 | €9,596 | -€1,649 | -14.7% |
| Amounts receivable within one year | 40/41 | €4,550 | €406 | -€4,144 | -91.1% |
| Trade receivables | 40 | €4,175 | - | -€4,175 | |
| Other amounts receivable | 41 | €375 | €406 | +€31 | +8.4% |
| Cash at bank and in hand | 54/58 | €6,277 | €8,064 | +€1,787 | +28.5% |
| Deferred charges and accrued income | 490/1 | €418 | €1,126 | +€708 | +170% |
| Total equity and liabilities | 10/49 | €62,249 | €48,412 | -€13,836 | -22.2% |
| Equity | 10/15 | €11,153 | €6,175 | -€4,978 | -44.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €6,153 | €6,153 | = | 0.0% |
| Distributable reserves | 133 | €6,153 | €6,153 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€4,978 | -€4,978 | |
| Amounts payable | 17/49 | €51,095 | €42,237 | -€8,858 | -17.3% |
| Amounts payable within one year | 42/48 | €50,694 | €41,447 | -€9,247 | -18.2% |
| Trade debts | 44 | €60 | - | -€60 | |
| Suppliers | 440/4 | €60 | - | -€60 | |
| Taxes, remuneration and social security | 45 | €1,732 | €1,917 | +€186 | +10.7% |
| Taxes | 450/3 | €1,732 | €1,917 | +€186 | +10.7% |
| Other amounts payable | 47/48 | €48,903 | €39,530 | -€9,373 | -19.2% |
| Accrued charges and deferred income | 492/3 | €401 | €790 | +€389 | +96.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,741 | €12,188 | +€3,447 | +39.4% |
| Other operating charges | 640/8 | - | €389 | +€389 | |
| Gross operating margin | 9900 | €17,046 | €8,677 | -€8,368 | -49.1% |
| Operating profit (loss) | 9901 | €8,305 | -€3,899 | -€12,204 | |
| Financial charges | 65/66B | €420 | €893 | +€473 | +113% |
| Recurring financial charges | 65 | €420 | €893 | +€473 | +113% |
| Profit (loss) for the period before taxes | 9903 | €7,885 | -€4,792 | -€12,677 | |
| Income taxes | 67/77 | €1,732 | €186 | -€1,546 | -89.3% |
| Profit (loss) for the period | 9904 | €6,153 | -€4,978 | -€11,131 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,153 | -€4,978 | -€11,131 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.