InnoGrit: 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.
InnoGrit
Largest movements
- Cash +€107,853
up €107,853 (+59.3%), from €181,823 to €289,677
mainly Net result for the year (+€168,252) and Other debts (+€29,756)
- Current investments +€83,750
up €83,750 (+33,500%), from €250 to €84,000
- Profit (loss) carried forward +€109,312
new in 2025: €109,312
- Reserves +€58,940
up €58,940 (+26.2%), from €225,137 to €284,077
of which Tax-exempt reserves: +€58,940
- Other debts +€29,756
up €29,756 (+3,256%), from €914 to €30,670
- Current portion of long-term debt -€5,194
down €5,194 (-74.5%), from €6,968 to €1,774
- Gross operating margin +€45,788
up €45,788 (+23.5%), from €194,735 to €240,523
- Financial charges +€4,781
up €4,781 (+182%), from €2,634 to €7,415
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 | €275,554 | €466,114 | +€190,560 | +69.2% |
| Fixed assets | 21/28 | €65,146 | €68,449 | +€3,302 | +5.1% |
| Tangible fixed assets | 22/27 | €65,146 | €68,449 | +€3,302 | +5.1% |
| Land and buildings | 22 | - | €19,339 | +€19,339 | |
| Plant, machinery and equipment | 23 | €36,057 | €32,012 | -€4,045 | -11.2% |
| Furniture and vehicles | 24 | €13,766 | €8,240 | -€5,526 | -40.1% |
| Leasing and similar rights | 25 | €15,324 | €8,858 | -€6,466 | -42.2% |
| Current assets | 29/58 | €210,408 | €397,665 | +€187,258 | +89.0% |
| Amounts receivable within one year | 40/41 | €27,837 | €23,539 | -€4,297 | -15.4% |
| Trade receivables | 40 | €18,335 | €18,438 | +€103 | +0.6% |
| Other amounts receivable | 41 | €9,502 | €5,101 | -€4,401 | -46.3% |
| Current investments | 50/53 | €250 | €84,000 | +€83,750 | +33,500% |
| Cash at bank and in hand | 54/58 | €181,823 | €289,677 | +€107,853 | +59.3% |
| Deferred charges and accrued income | 490/1 | €498 | €449 | -€48 | -9.7% |
| Total equity and liabilities | 10/49 | €275,554 | €466,114 | +€190,560 | +69.2% |
| Equity | 10/15 | €227,637 | €395,888 | +€168,252 | +73.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €225,137 | €284,077 | +€58,940 | +26.2% |
| Tax-exempt reserves | 132 | - | €58,940 | +€58,940 | |
| Distributable reserves | 133 | €225,137 | €225,137 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €109,312 | +€109,312 | |
| Amounts payable | 17/49 | €47,917 | €70,225 | +€22,308 | +46.6% |
| Amounts payable after more than one year | 17 | €1,774 | €0 | -€1,774 | -100% |
| Financial debts | 170/4 | €1,774 | €0 | -€1,774 | -100% |
| Amounts payable within one year | 42/48 | €46,143 | €70,225 | +€24,082 | +52.2% |
| Current portion of amounts payable after more than one year | 42 | €6,968 | €1,774 | -€5,194 | -74.5% |
| Trade debts | 44 | €3,650 | €0 | -€3,650 | -100% |
| Suppliers | 440/4 | €3,650 | €0 | -€3,650 | -100% |
| Taxes, remuneration and social security | 45 | €34,612 | €37,782 | +€3,170 | +9.2% |
| Taxes | 450/3 | €34,612 | €37,782 | +€3,170 | +9.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €914 | €30,670 | +€29,756 | +3,256% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,973 | €16,208 | +€2,235 | +16.0% |
| Other operating charges | 640/8 | €1,495 | €1,676 | +€181 | +12.1% |
| Gross operating margin | 9900 | €194,735 | €240,523 | +€45,788 | +23.5% |
| Operating profit (loss) | 9901 | €179,268 | €222,640 | +€43,372 | +24.2% |
| Financial income | 75/76B | €2,036 | €3,782 | +€1,746 | +85.8% |
| Recurring financial income | 75 | €2,036 | €3,782 | +€1,746 | +85.8% |
| Financial charges | 65/66B | €2,634 | €7,415 | +€4,781 | +182% |
| Recurring financial charges | 65 | €2,634 | €7,415 | +€4,781 | +182% |
| Profit (loss) for the period before taxes | 9903 | €178,670 | €219,007 | +€40,337 | +22.6% |
| Income taxes | 67/77 | €52,112 | €50,755 | -€1,356 | -2.6% |
| Profit (loss) for the period | 9904 | €126,558 | €168,252 | +€41,693 | +32.9% |
| Transfer to tax-exempt reserves | 689 | - | €58,940 | +€58,940 | |
| Profit (loss) for the period to be appropriated | 9905 | €126,558 | €109,312 | -€17,247 | -13.6% |
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 18 October 2026 via checked.be.