InnoC: what changed
Two fiscal 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.
InnoC
Largest movements
- Receivables within one year -€21,962
down €21,962 (-65.7%), from €33,409 to €11,447
of which Trade receivables: -€18,303
- Intangible fixed assets +€19,901
up €19,901 (+239.7%), from €8,304 to €28,205
- Stocks and contracts -€5,622
down €5,622 (-10.8%), from €52,071 to €46,449
- Cash -€4,041
down €4,041 (-6.6%), from €61,489 to €57,448
mainly Trade debts (-€65,252) and Investment in fixed assets (net) (-€27,360)
- Tangible fixed assets -€1,709
down €1,709 (-31.2%), from €5,469 to €3,760
- Trade debts -€65,252
down €65,252 (-77.3%), from €84,410 to €19,159
- Profit (loss) carried forward +€50,895
up €50,895 (+1055.4%), from €4,822 to €55,717
- Tax, wage and social debts +€11,424
up €11,424 (+131.0%), from €8,721 to €20,145
of which Taxes: +€6,424
- Debts after one year -€10,000
down €10,000 (-69.8%), from €14,320 to €4,320
- Gross operating margin +€47,310
up €47,310 (+147.8%), from €32,020 to €79,330
- Taxes +€8,100
up €8,100 (+132.5%), from €6,113 to €14,213
- Other operating charges +€5,393
up €5,393 (+3387.3%), from €159 to €5,552
- Depreciation +€2,301
up €2,301 (+29.1%), from €7,899 to €10,200
- Financial income +€1,987
up €1,987 (+7301.6%), from €27 to €2,014
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.
Cash bridge derived
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 | €165,940 | €151,744 | -€14,196 | -8.6% |
| Fixed assets | 21/28 | €14,983 | €32,143 | +€17,160 | +114.5% |
| Intangible fixed assets | 21 | €8,304 | €28,205 | +€19,901 | +239.7% |
| Tangible fixed assets | 22/27 | €5,469 | €3,760 | -€1,709 | -31.2% |
| Furniture and vehicles | 24 | €5,469 | €3,760 | -€1,709 | -31.2% |
| Financial fixed assets | 28 | €1,210 | €178 | -€1,033 | -85.3% |
| Current assets | 29/58 | €150,957 | €119,601 | -€31,356 | -20.8% |
| Stocks and contracts in progress | 3 | €52,071 | €46,449 | -€5,622 | -10.8% |
| Stocks | 30/36 | €52,071 | €46,449 | -€5,622 | -10.8% |
| Amounts receivable within one year | 40/41 | €33,409 | €11,447 | -€21,962 | -65.7% |
| Trade receivables | 40 | €26,156 | €7,852 | -€18,303 | -70.0% |
| Other amounts receivable | 41 | €7,253 | €3,594 | -€3,659 | -50.4% |
| Cash at bank and in hand | 54/58 | €61,489 | €57,448 | -€4,041 | -6.6% |
| Deferred charges and accrued income | 490/1 | €3,989 | €4,258 | +€269 | +6.7% |
| Total equity and liabilities | 10/49 | €165,940 | €151,744 | -€14,196 | -8.6% |
| Equity | 10/15 | €36,082 | €86,977 | +€50,895 | +141.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €18,860 | €18,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €17,000 | €17,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,822 | €55,717 | +€50,895 | +1055.4% |
| Amounts payable | 17/49 | €129,858 | €64,767 | -€65,091 | -50.1% |
| Amounts payable after more than one year | 17 | €14,320 | €4,320 | -€10,000 | -69.8% |
| Financial debts | 170/4 | €14,320 | €4,320 | -€10,000 | -69.8% |
| Amounts payable within one year | 42/48 | €115,538 | €60,447 | -€55,091 | -47.7% |
| Financial debts | 43 | €496 | - | -€496 | |
| Credit institutions | 430/8 | €496 | - | -€496 | |
| Trade debts | 44 | €84,410 | €19,159 | -€65,252 | -77.3% |
| Suppliers | 440/4 | €84,410 | €19,159 | -€65,252 | -77.3% |
| Taxes, remuneration and social security | 45 | €8,721 | €20,145 | +€11,424 | +131.0% |
| Taxes | 450/3 | €8,721 | €15,145 | +€6,424 | +73.7% |
| Remuneration and social security | 454/9 | - | €5,000 | +€5,000 | |
| Other amounts payable | 47/48 | €21,910 | €21,143 | -€767 | -3.5% |
| Remuneration, social security and pensions | 62 | €76 | - | -€76 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,899 | €10,200 | +€2,301 | +29.1% |
| Other operating charges | 640/8 | €159 | €5,552 | +€5,393 | +3387.3% |
| Gross operating margin | 9900 | €32,020 | €79,330 | +€47,310 | +147.8% |
| Operating profit (loss) | 9901 | €23,886 | €63,578 | +€39,693 | +166.2% |
| Financial income | 75/76B | €27 | €2,014 | +€1,987 | +7301.6% |
| Recurring financial income | 75 | €27 | €2,014 | +€1,987 | +7301.6% |
| Financial charges | 65/66B | €204 | €485 | +€281 | +138.0% |
| Recurring financial charges | 65 | €204 | €485 | +€281 | +138.0% |
| Profit (loss) for the period before taxes | 9903 | €23,709 | €65,108 | +€41,398 | +174.6% |
| Income taxes | 67/77 | €6,113 | €14,213 | +€8,100 | +132.5% |
| Profit (loss) for the period | 9904 | €17,597 | €50,895 | +€33,298 | +189.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,597 | €50,895 | +€33,298 | +189.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.