INNODIS: 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.
INNODIS
Largest movements
- Cash -€61,945
down €61,945 (-18.0%), from €344,106 to €282,162
mainly Contributions, distributions and other (-€220,000) and Investment in fixed assets (net) (-€39,467)
- Receivables within one year -€33,048
down €33,048 (-39.7%), from €83,144 to €50,096
of which Trade receivables: -€51,048
- Financial fixed assets +€30,000
up €30,000 (+14.3%), from €210,000 to €240,000
- Reserves -€67,366
down €67,366 (-11.6%), from €580,554 to €513,189
- Gross operating margin +€97,158
up €97,158 (+89.7%), from €108,366 to €205,524
- Taxes +€24,787
up €24,787 (+115.9%), from €21,392 to €46,179
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 | €647,779 | €586,737 | -€61,042 | -9.4% |
| Fixed assets | 21/28 | €218,073 | €250,753 | +€32,680 | +15.0% |
| Tangible fixed assets | 22/27 | €8,073 | €10,753 | +€2,680 | +33.2% |
| Furniture and vehicles | 24 | €8,073 | €1,985 | -€6,088 | -75.4% |
| Other tangible fixed assets | 26 | - | €8,768 | +€8,768 | |
| Financial fixed assets | 28 | €210,000 | €240,000 | +€30,000 | +14.3% |
| Current assets | 29/58 | €429,706 | €335,984 | -€93,722 | -21.8% |
| Amounts receivable within one year | 40/41 | €83,144 | €50,096 | -€33,048 | -39.7% |
| Trade receivables | 40 | €78,970 | €27,922 | -€51,048 | -64.6% |
| Other amounts receivable | 41 | €4,174 | €22,174 | +€18,000 | +431.2% |
| Cash at bank and in hand | 54/58 | €344,106 | €282,162 | -€61,945 | -18.0% |
| Deferred charges and accrued income | 490/1 | €2,455 | €3,726 | +€1,271 | +51.8% |
| Total equity and liabilities | 10/49 | €647,779 | €586,737 | -€61,042 | -9.4% |
| Equity | 10/15 | €590,554 | €523,189 | -€67,366 | -11.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €580,554 | €513,189 | -€67,366 | -11.6% |
| Distributable reserves | 133 | €580,554 | €513,189 | -€67,366 | -11.6% |
| Amounts payable | 17/49 | €57,225 | €63,548 | +€6,323 | +11.1% |
| Amounts payable within one year | 42/48 | €52,830 | €59,698 | +€6,868 | +13.0% |
| Trade debts | 44 | €1,447 | €2,300 | +€853 | +59.0% |
| Suppliers | 440/4 | €1,447 | €2,300 | +€853 | +59.0% |
| Taxes, remuneration and social security | 45 | €18,532 | €23,873 | +€5,341 | +28.8% |
| Taxes | 450/3 | €16,532 | €21,873 | +€5,341 | +32.3% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €32,851 | €33,525 | +€674 | +2.1% |
| Accrued charges and deferred income | 492/3 | €4,395 | €3,850 | -€545 | -12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,975 | €6,787 | -€1,188 | -14.9% |
| Other operating charges | 640/8 | €1,160 | €1,199 | +€39 | +3.4% |
| Non-recurring operating charges | 66A | €85 | - | -€85 | |
| Gross operating margin | 9900 | €108,366 | €205,524 | +€97,158 | +89.7% |
| Operating profit (loss) | 9901 | €99,146 | €197,538 | +€98,392 | +99.2% |
| Financial income | 75/76B | €2,681 | €3,707 | +€1,026 | +38.3% |
| Recurring financial income | 75 | €2,681 | €3,707 | +€1,026 | +38.3% |
| Financial charges | 65/66B | €2,512 | €2,432 | -€80 | -3.2% |
| Recurring financial charges | 65 | €2,512 | €2,432 | -€80 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €99,315 | €198,813 | +€99,498 | +100.2% |
| Income taxes | 67/77 | €21,392 | €46,179 | +€24,787 | +115.9% |
| Profit (loss) for the period | 9904 | €77,923 | €152,634 | +€74,711 | +95.9% |
| Profit (loss) for the period to be appropriated | 9905 | €77,923 | €152,634 | +€74,711 | +95.9% |
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 4 October 2026 via checked.be.