INNOCENTI: 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.
INNOCENTI
Largest movements
- Receivables within one year +€169,473
up €169,473 (+60.8%), from €278,713 to €448,186
of which Other amounts receivable: +€177,775
- Other debts +€180,885
up €180,885 (+87.6%), from €206,419 to €387,304
- Trade debts -€22,764
down €22,764 (-60.4%), from €37,660 to €14,896
- Reserves +€12,350
up €12,350 (+79.4%), from €15,549 to €27,899
- Gross operating margin +€147,115
up €147,115 (+605.8%), from €24,283 to €171,398
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 | €282,904 | €450,952 | +€168,049 | +59.4% |
| Fixed assets | 21/28 | €1,194 | €0 | -€1,194 | -100.0% |
| Tangible fixed assets | 22/27 | €1,194 | €0 | -€1,194 | -100.0% |
| Furniture and vehicles | 24 | €725 | €0 | -€725 | -100.0% |
| Other tangible fixed assets | 26 | €469 | €0 | -€469 | -100.0% |
| Current assets | 29/58 | €281,710 | €450,952 | +€169,243 | +60.1% |
| Amounts receivable within one year | 40/41 | €278,713 | €448,186 | +€169,473 | +60.8% |
| Trade receivables | 40 | €18,492 | €10,189 | -€8,302 | -44.9% |
| Other amounts receivable | 41 | €260,221 | €437,997 | +€177,775 | +68.3% |
| Cash at bank and in hand | 54/58 | €2,883 | €2,766 | -€117 | -4.1% |
| Deferred charges and accrued income | 490/1 | €113 | €0 | -€113 | -100.0% |
| Total equity and liabilities | 10/49 | €282,904 | €450,952 | +€168,049 | +59.4% |
| Equity | 10/15 | €34,149 | €46,499 | +€12,350 | +36.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,549 | €27,899 | +€12,350 | +79.4% |
| Distributable reserves | 133 | €15,549 | €27,899 | +€12,350 | +79.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €248,754 | €404,453 | +€155,699 | +62.6% |
| Amounts payable within one year | 42/48 | €248,754 | €404,453 | +€155,699 | +62.6% |
| Current portion of amounts payable after more than one year | 42 | €4,179 | €1,683 | -€2,496 | -59.7% |
| Trade debts | 44 | €37,660 | €14,896 | -€22,764 | -60.4% |
| Suppliers | 440/4 | €37,660 | €14,896 | -€22,764 | -60.4% |
| Taxes, remuneration and social security | 45 | €496 | €570 | +€74 | +14.9% |
| Taxes | 450/3 | €496 | €570 | +€74 | +14.9% |
| Other amounts payable | 47/48 | €206,419 | €387,304 | +€180,885 | +87.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €619 | €0 | -€619 | -100.0% |
| Other operating charges | 640/8 | €846 | €857 | +€11 | +1.3% |
| Gross operating margin | 9900 | €24,283 | €171,398 | +€147,115 | +605.8% |
| Operating profit (loss) | 9901 | €22,817 | €170,541 | +€147,723 | +647.4% |
| Financial income | 75/76B | €4,744 | €5,600 | +€856 | +18.0% |
| Recurring financial income | 75 | €4,744 | €5,600 | +€856 | +18.0% |
| Financial charges | 65/66B | €3,917 | €4,674 | +€757 | +19.3% |
| Recurring financial charges | 65 | €3,917 | €4,674 | +€757 | +19.3% |
| Profit (loss) for the period before taxes | 9903 | €23,644 | €171,466 | +€147,822 | +625.2% |
| Income taxes | 67/77 | €4,857 | €4,117 | -€741 | -15.2% |
| Profit (loss) for the period | 9904 | €18,787 | €167,350 | +€148,563 | +790.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,787 | €167,350 | +€148,563 | +790.8% |
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 6 October 2026 via checked.be.