Innomotics: 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.
What changed
Innomotics
NACE 46.643, Wholesale of electrical equipment, including installation materials
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.9m
2024 · €2.4m+€532,956
Equity
€12.4m
2024 · €12.4m
Cash
€1.2m
2024 · €1.9m-€686,751
Balance sheet total
€29.2m
2024 · €24.8m+€4.5m
Largest movements
Assets
- Receivables within one year +€4.8m
up €4.8m (+25.8%), from €18.5m to €23.2m
of which Other amounts receivable: +€8.7m
- Cash -€686,751
down €686,751 (-35.6%), from €1.9m to €1.2m
mainly Receivables within one year (-€4.8m) and Contributions, distributions and other (-€2.9m)
- Stocks and contracts +€558,908
up €558,908 (+17.8%), from €3.1m to €3.7m
of which Contracts in progress: +€975,549
Equity and liabilities
- Trade debts +€3.9m
up €3.9m (+90.8%), from €4.3m to €8.2m
- Other debts +€532,356
up €532,356 (+21.7%), from €2.5m to €3.0m
Income statement
- Turnover -€1.9m
down €1.9m (-2.6%), from €72.9m to €71.0m
- Financial income +€835,705
up €835,705 (+556.3%), from €150,235 to €985,941
- Services and other goods -€821,528
down €821,528 (-26.9%), from €3.1m to €2.2m
- Staff costs +€820,429
up €820,429 (+17.5%), from €4.7m to €5.5m
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.
Result 2024
€2.4m
Turnover
-€1.9m
Other operating income
+€470,241
Goods and materials
-€682,991
Services and other goods
+€821,528
Staff costs
-€820,429
Depreciation
-€2,552
Write-downs
-€67,230
Provisions
+€82,513
Other operating charges
+€32,297
Other operating items
+€2.2m
Financial income
+€835,705
Financial charges
-€257,374
Taxes
-€167,229
Result 2025
€2.9m
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.
From operations
+€2.3m
Investment
-€3,748
Financing
-€3.0m
Cash 2024
€1.9m
From operations (derived)
+€2.3m
Net result for the year
+€2.9m
Depreciation
+€143,519
Stocks and contracts
-€558,908
Receivables within one year
-€4.8m
Deferred charges and accrued income
+€23,479
Provisions
-€110,878
Trade debts
+€3.9m
Tax, wage and social debts
-€74,667
Advances received
+€252,405
Other debts
+€532,356
Investment (derived)
-€3,748
Investment in fixed assets (net)
-€3,748
Financing
-€3.0m
Debts after one year
-€27,470
Contributions, distributions and other
-€2.9m
Cash 2025
€1.2m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,755,515 | €29,236,661 | +€4.5m | +18.1% |
| Fixed assets | 21/28 | €1,193,174 | €1,053,403 | -€139,772 | -11.7% |
| Intangible fixed assets | 21 | €1,176,243 | €1,041,784 | -€134,459 | -11.4% |
| Tangible fixed assets | 22/27 | €16,931 | €11,619 | -€5,312 | -31.4% |
| Plant, machinery and equipment | 23 | €14,746 | €10,093 | -€4,653 | -31.6% |
| Furniture and vehicles | 24 | €2,185 | €1,526 | -€659 | -30.2% |
| Current assets | 29/58 | €23,562,341 | €28,183,258 | +€4.6m | +19.6% |
| Stocks and contracts in progress | 3 | €3,134,681 | €3,693,590 | +€558,908 | +17.8% |
| Stocks | 30/36 | €1,977,491 | €1,560,850 | -€416,640 | -21.1% |
| Goods purchased for resale | 34 | €1,977,491 | €1,560,850 | -€416,640 | -21.1% |
| Contracts in progress | 37 | €1,157,191 | €2,132,739 | +€975,549 | +84.3% |
| Amounts receivable within one year | 40/41 | €18,473,820 | €23,246,059 | +€4.8m | +25.8% |
| Trade receivables | 40 | €16,454,457 | €12,568,643 | -€3.9m | -23.6% |
| Other amounts receivable | 41 | €2,019,363 | €10,677,416 | +€8.7m | +428.8% |
| Cash at bank and in hand | 54/58 | €1,930,361 | €1,243,610 | -€686,751 | -35.6% |
| Deferred charges and accrued income | 490/1 | €23,479 | €0 | -€23,479 | -100.0% |
| Total equity and liabilities | 10/49 | €24,755,515 | €29,236,661 | +€4.5m | +18.1% |
| Equity | 10/15 | €12,442,727 | €12,442,727 | = | 0.0% |
| Contributions | 10/11 | €10,317,009 | €10,317,009 | = | 0.0% |
| Capital | 10 | €10,317,009 | €10,317,009 | = | 0.0% |
| Issued capital | 100 | €10,317,009 | €10,317,009 | = | 0.0% |
| Reserves | 13 | €2,125,718 | €2,125,718 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,031,701 | €1,031,701 | = | 0.0% |
| Legal reserve | 130 | €1,031,701 | €1,031,701 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,094,017 | €1,094,017 | = | 0.0% |
| Provisions and deferred taxes | 16 | €881,435 | €770,557 | -€110,878 | -12.6% |
| Provisions for liabilities and charges | 160/5 | €881,435 | €770,557 | -€110,878 | -12.6% |
| Pensions and similar obligations | 160 | €21,896 | €8,727 | -€13,169 | -60.1% |
| Other liabilities and charges | 164/5 | €859,539 | €761,830 | -€97,709 | -11.4% |
| Amounts payable | 17/49 | €11,431,354 | €16,023,377 | +€4.6m | +40.2% |
| Amounts payable after more than one year | 17 | €27,470 | €0 | -€27,470 | -100.0% |
| Other amounts payable | 178/9 | €27,470 | €0 | -€27,470 | -100.0% |
| Amounts payable within one year | 42/48 | €11,403,884 | €16,023,377 | +€4.6m | +40.5% |
| Trade debts | 44 | €4,304,438 | €8,213,838 | +€3.9m | +90.8% |
| Suppliers | 440/4 | €4,304,438 | €8,213,838 | +€3.9m | +90.8% |
| Advances received on contracts in progress | 46 | €2,495,572 | €2,747,977 | +€252,405 | +10.1% |
| Taxes, remuneration and social security | 45 | €2,152,883 | €2,078,216 | -€74,667 | -3.5% |
| Taxes | 450/3 | €793,803 | €853,337 | +€59,534 | +7.5% |
| Remuneration and social security | 454/9 | €1,359,080 | €1,224,879 | -€134,201 | -9.9% |
| Other amounts payable | 47/48 | €2,450,991 | €2,983,346 | +€532,356 | +21.7% |
| Operating income | 70/76A | €72,900,788 | €73,659,505 | +€758,717 | +1.0% |
| Turnover | 70 | €72,876,366 | €70,976,851 | -€1.9m | -2.6% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€1,212,444 | €975,549 | +€2.2m | |
| Other operating income | 74 | €1,236,865 | €1,707,106 | +€470,241 | +38.0% |
| Operating charges | 60/66A | €69,618,256 | €70,255,120 | +€636,864 | +0.9% |
| Goods for resale, raw materials and consumables | 60 | €61,768,658 | €62,451,649 | +€682,991 | +1.1% |
| Purchases | 600/8 | €61,558,078 | €62,035,009 | +€476,931 | +0.8% |
| Change in stocks: decrease (increase) | 609 | €210,581 | €416,640 | +€206,060 | +97.9% |
| Services and other goods | 61 | €3,057,381 | €2,235,853 | -€821,528 | -26.9% |
| Remuneration, social security and pensions | 62 | €4,687,377 | €5,507,806 | +€820,429 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €140,968 | €143,519 | +€2,552 | +1.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€71,561 | -€4,330 | +€67,230 | +93.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€19,476 | -€101,988 | -€82,513 | -423.7% |
| Other operating charges | 640/8 | €54,909 | €22,612 | -€32,297 | -58.8% |
| Operating profit (loss) | 9901 | €3,282,532 | €3,404,385 | +€121,854 | +3.7% |
| Financial income | 75/76B | €150,235 | €985,941 | +€835,705 | +556.3% |
| Recurring financial income | 75 | €150,235 | €985,941 | +€835,705 | +556.3% |
| Income from current assets | 751 | €106,558 | €733,916 | +€627,357 | +588.7% |
| Other financial income | 752/9 | €43,677 | €252,025 | +€208,348 | +477.0% |
| Financial charges | 65/66B | €153,477 | €410,851 | +€257,374 | +167.7% |
| Recurring financial charges | 65 | €153,477 | €410,594 | +€257,117 | +167.5% |
| Debt charges | 650 | €38,929 | €82,644 | +€43,715 | +112.3% |
| Other financial charges | 652/9 | €114,548 | €327,950 | +€213,402 | +186.3% |
| Non-recurring financial charges | 66B | - | €257 | +€257 | |
| Profit (loss) for the period before taxes | 9903 | €3,279,290 | €3,979,475 | +€700,185 | +21.4% |
| Income taxes | 67/77 | €864,306 | €1,031,535 | +€167,229 | +19.3% |
| Taxes | 670/3 | €877,788 | €1,031,535 | +€153,747 | +17.5% |
| Tax adjustments and reversals of tax provisions | 77 | €13,482 | €0 | -€13,482 | -100.0% |
| Profit (loss) for the period | 9904 | €2,414,984 | €2,947,940 | +€532,956 | +22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,414,984 | €2,947,940 | +€532,956 | +22.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.