InnoCoder: 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.
InnoCoder
Largest movements
- Receivables within one year +€7,649
up €7,649 (+38.1%), from €20,070 to €27,719
of which Other amounts receivable: +€7,149
- Debts after one year -€91,022
down €91,022 (-54.5%), from €167,091 to €76,069
- Other debts +€48,839
up €48,839 (+73.2%), from €66,742 to €115,581
- Reserves +€48,480
up €48,480 (+18.1%), from €267,239 to €315,720
of which Distributable reserves: +€46,620
- Trade debts +€17,640
up €17,640 (+47.2%), from €37,340 to €54,980
- Tax, wage and social debts -€9,204
down €9,204 (-20.2%), from €45,483 to €36,279
- Gross operating margin -€10,679
down €10,679 (-6.3%), from €169,685 to €159,005
- Financial charges -€6,230
down €6,230 (-35.1%), from €17,753 to €11,523
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 | €702,062 | €710,929 | +€8,868 | +1.3% |
| Fixed assets | 21/28 | €649,132 | €646,921 | -€2,211 | -0.3% |
| Tangible fixed assets | 22/27 | €10,632 | €8,421 | -€2,211 | -20.8% |
| Land and buildings | 22 | €4,810 | €4,154 | -€655 | -13.6% |
| Plant, machinery and equipment | 23 | €1,531 | €1,048 | -€483 | -31.5% |
| Furniture and vehicles | 24 | €4,291 | €3,218 | -€1,073 | -25.0% |
| Financial fixed assets | 28 | €638,500 | €638,500 | = | 0.0% |
| Current assets | 29/58 | €52,930 | €64,009 | +€11,079 | +20.9% |
| Amounts receivable within one year | 40/41 | €20,070 | €27,719 | +€7,649 | +38.1% |
| Trade receivables | 40 | €20,070 | €20,570 | +€500 | +2.5% |
| Other amounts receivable | 41 | - | €7,149 | +€7,149 | |
| Cash at bank and in hand | 54/58 | €32,860 | €36,290 | +€3,430 | +10.4% |
| Total equity and liabilities | 10/49 | €702,062 | €710,929 | +€8,868 | +1.3% |
| Equity | 10/15 | €288,519 | €336,999 | +€48,480 | +16.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €267,239 | €315,720 | +€48,480 | +18.1% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Other | 1319 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €267,239 | €313,860 | +€46,620 | +17.4% |
| Profit (loss) carried forward | 14 | €8,880 | €8,880 | = | 0.0% |
| Amounts payable | 17/49 | €413,543 | €373,930 | -€39,613 | -9.6% |
| Amounts payable after more than one year | 17 | €167,091 | €76,069 | -€91,022 | -54.5% |
| Financial debts | 170/4 | €167,091 | €76,069 | -€91,022 | -54.5% |
| Amounts payable within one year | 42/48 | €246,452 | €297,861 | +€51,410 | +20.9% |
| Current portion of amounts payable after more than one year | 42 | €96,887 | €91,022 | -€5,865 | -6.1% |
| Trade debts | 44 | €37,340 | €54,980 | +€17,640 | +47.2% |
| Suppliers | 440/4 | €37,340 | €54,980 | +€17,640 | +47.2% |
| Taxes, remuneration and social security | 45 | €45,483 | €36,279 | -€9,204 | -20.2% |
| Taxes | 450/3 | €45,483 | €36,279 | -€9,204 | -20.2% |
| Other amounts payable | 47/48 | €66,742 | €115,581 | +€48,839 | +73.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,211 | €2,211 | = | 0.0% |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €169,685 | €159,005 | -€10,679 | -6.3% |
| Operating profit (loss) | 9901 | €167,412 | €156,732 | -€10,679 | -6.4% |
| Financial charges | 65/66B | €17,753 | €11,523 | -€6,230 | -35.1% |
| Recurring financial charges | 65 | €17,753 | €11,523 | -€6,230 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | €149,659 | €145,209 | -€4,450 | -3.0% |
| Income taxes | 67/77 | €48,378 | €47,901 | -€477 | -1.0% |
| Profit (loss) for the period | 9904 | €101,281 | €97,308 | -€3,973 | -3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €101,281 | €97,308 | -€3,973 | -3.9% |
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 9 October 2026 via checked.be.