InnoGarant: 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.
InnoGarant
Largest movements
- Cash +€198,314
up €198,314 (+233%), from €85,127 to €283,441
mainly Net result for the year (+€631,668) and Trade debts (+€145,755)
- Financial fixed assets -€34,600
down €34,600 (-12.3%), from €281,400 to €246,800
- Receivables within one year +€18,854
up €18,854 (+2.0%), from €932,478 to €951,332
of which Other amounts receivable: +€150,000
- Reserves +€631,668
up €631,668 (+148%), from €427,317 to €1.1m
of which Distributable reserves: +€633,528
- Other debts -€503,384
down €503,384 (-97.3%), from €517,206 to €13,822
- Trade debts +€145,755
up €145,755 (+348%), from €41,846 to €187,601
- Tax, wage and social debts -€80,804
down €80,804 (-28.6%), from €282,345 to €201,541
- Accrued charges and deferred income -€14,979
down €14,979 (-75.7%), from €19,800 to €4,821
- Gross operating margin +€112,992
up €112,992 (+16.7%), from €674,880 to €787,872
- Financial income +€89,568
up €89,568, from €0 to €89,568
of which Non-recurring financial income: +€74,473
- Taxes +€63,410
up €63,410 (+35.9%), from €176,867 to €240,277
- Financial charges -€17,447
down €17,447 (-79.9%), from €21,832 to €4,385
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 | €1,300,914 | €1,485,370 | +€184,456 | +14.2% |
| Fixed assets | 21/28 | €283,310 | €248,123 | -€35,187 | -12.4% |
| Tangible fixed assets | 22/27 | €1,910 | €1,323 | -€587 | -30.7% |
| Plant, machinery and equipment | 23 | €1,666 | €1,274 | -€392 | -23.5% |
| Furniture and vehicles | 24 | €244 | €49 | -€195 | -80.0% |
| Financial fixed assets | 28 | €281,400 | €246,800 | -€34,600 | -12.3% |
| Current assets | 29/58 | €1,017,605 | €1,237,248 | +€219,643 | +21.6% |
| Amounts receivable within one year | 40/41 | €932,478 | €951,332 | +€18,854 | +2.0% |
| Trade receivables | 40 | €861,824 | €730,678 | -€131,146 | -15.2% |
| Other amounts receivable | 41 | €70,654 | €220,654 | +€150,000 | +212% |
| Cash at bank and in hand | 54/58 | €85,127 | €283,441 | +€198,314 | +233% |
| Deferred charges and accrued income | 490/1 | - | €2,475 | +€2,475 | |
| Total equity and liabilities | 10/49 | €1,300,914 | €1,485,370 | +€184,456 | +14.2% |
| Equity | 10/15 | €439,717 | €1,077,585 | +€637,868 | +145% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €427,317 | €1,058,985 | +€631,668 | +148% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €425,457 | €1,058,985 | +€633,528 | +149% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €861,197 | €407,785 | -€453,412 | -52.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €841,397 | €402,964 | -€438,433 | -52.1% |
| Trade debts | 44 | €41,846 | €187,601 | +€145,755 | +348% |
| Suppliers | 440/4 | €41,846 | €187,601 | +€145,755 | +348% |
| Taxes, remuneration and social security | 45 | €282,345 | €201,541 | -€80,804 | -28.6% |
| Taxes | 450/3 | €282,345 | €201,541 | -€80,804 | -28.6% |
| Other amounts payable | 47/48 | €517,206 | €13,822 | -€503,384 | -97.3% |
| Accrued charges and deferred income | 492/3 | €19,800 | €4,821 | -€14,979 | -75.7% |
| Remuneration, social security and pensions | 62 | €0 | €135 | +€135 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €490 | €587 | +€98 | +19.9% |
| Other operating charges | 640/8 | - | €387 | +€387 | |
| Gross operating margin | 9900 | €674,880 | €787,872 | +€112,992 | +16.7% |
| Operating profit (loss) | 9901 | €674,390 | €786,762 | +€112,372 | +16.7% |
| Financial income | 75/76B | €0 | €89,568 | +€89,568 | |
| Recurring financial income | 75 | €0 | €15,095 | +€15,095 | |
| Non-recurring financial income | 76B | - | €74,473 | +€74,473 | |
| Financial charges | 65/66B | €21,832 | €4,385 | -€17,447 | -79.9% |
| Recurring financial charges | 65 | €21,832 | €4,385 | -€17,447 | -79.9% |
| Profit (loss) for the period before taxes | 9903 | €652,559 | €871,945 | +€219,386 | +33.6% |
| Income taxes | 67/77 | €176,867 | €240,277 | +€63,410 | +35.9% |
| Profit (loss) for the period | 9904 | €475,692 | €631,668 | +€155,976 | +32.8% |
| Profit (loss) for the period to be appropriated | 9905 | €475,692 | €631,668 | +€155,976 | +32.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.