INNOPORC: 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.
INNOPORC
Largest movements
- Receivables within one year -€331,720
down €331,720 (-88.1%), from €376,720 to €45,000
of which Trade receivables: -€308,309
- Stocks and contracts +€313,001
up €313,001 (+74.0%), from €422,935 to €735,935
- Cash +€253,702
up €253,702 (+8879.3%), from €2,857 to €256,560
mainly Receivables within one year (+€331,720) and Depreciation (+€221,798)
- Tangible fixed assets -€212,892
down €212,892 (-9.1%), from €2.3m to €2.1m
of which Plant, machinery and equipment: -€115,341
- Debts after one year -€216,668
down €216,668 (-12.5%), from €1.7m to €1.5m
- Reserves +€204,000
up €204,000 (+36.8%), from €555,000 to €759,000
- Gross operating margin -€57,575
down €57,575 (-9.6%), from €598,828 to €541,253
- Financial charges -€45,498
down €45,498 (-35.9%), from €126,708 to €81,211
- Financial income -€32,197
down €32,197 (-45.0%), from €71,535 to €39,338
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 | €3,146,134 | €3,159,665 | +€13,531 | +0.4% |
| Fixed assets | 21/28 | €2,338,317 | €2,116,518 | -€221,798 | -9.5% |
| Intangible fixed assets | 21 | €10,307 | €1,400 | -€8,907 | -86.4% |
| Tangible fixed assets | 22/27 | €2,328,010 | €2,115,118 | -€212,892 | -9.1% |
| Land and buildings | 22 | €1,621,440 | €1,532,121 | -€89,319 | -5.5% |
| Plant, machinery and equipment | 23 | €679,908 | €564,567 | -€115,341 | -17.0% |
| Furniture and vehicles | 24 | €26,662 | €18,431 | -€8,231 | -30.9% |
| Current assets | 29/58 | €807,817 | €1,043,147 | +€235,330 | +29.1% |
| Stocks and contracts in progress | 3 | €422,935 | €735,935 | +€313,001 | +74.0% |
| Stocks | 30/36 | €422,935 | €735,935 | +€313,001 | +74.0% |
| Amounts receivable within one year | 40/41 | €376,720 | €45,000 | -€331,720 | -88.1% |
| Trade receivables | 40 | €308,309 | - | -€308,309 | |
| Other amounts receivable | 41 | €68,411 | €45,000 | -€23,411 | -34.2% |
| Cash at bank and in hand | 54/58 | €2,857 | €256,560 | +€253,702 | +8879.3% |
| Deferred charges and accrued income | 490/1 | €5,305 | €5,652 | +€347 | +6.5% |
| Total equity and liabilities | 10/49 | €3,146,134 | €3,159,665 | +€13,531 | +0.4% |
| Equity | 10/15 | €678,982 | €883,728 | +€204,746 | +30.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €555,000 | €759,000 | +€204,000 | +36.8% |
| Distributable reserves | 133 | €555,000 | €759,000 | +€204,000 | +36.8% |
| Profit (loss) carried forward | 14 | €23,982 | €24,728 | +€746 | +3.1% |
| Amounts payable | 17/49 | €2,467,152 | €2,275,937 | -€191,215 | -7.8% |
| Amounts payable after more than one year | 17 | €1,730,549 | €1,513,881 | -€216,668 | -12.5% |
| Financial debts | 170/4 | €1,730,549 | €1,513,881 | -€216,668 | -12.5% |
| Amounts payable within one year | 42/48 | €736,603 | €760,769 | +€24,166 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €166,668 | €166,668 | = | 0.0% |
| Financial debts | 43 | €250,000 | €250,000 | = | 0.0% |
| Credit institutions | 430/8 | €250,000 | €250,000 | = | 0.0% |
| Trade debts | 44 | €313,567 | €322,958 | +€9,391 | +3.0% |
| Suppliers | 440/4 | €313,567 | €322,958 | +€9,391 | +3.0% |
| Taxes, remuneration and social security | 45 | - | €21,143 | +€21,143 | |
| Taxes | 450/3 | - | €21,143 | +€21,143 | |
| Other amounts payable | 47/48 | €6,368 | - | -€6,368 | |
| Accrued charges and deferred income | 492/3 | - | €1,287 | +€1,287 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €219,156 | €221,798 | +€2,642 | +1.2% |
| Other operating charges | 640/8 | €2,693 | €1,693 | -€1,000 | -37.1% |
| Non-recurring operating charges | 66A | €22,123 | - | -€22,123 | |
| Gross operating margin | 9900 | €598,828 | €541,253 | -€57,575 | -9.6% |
| Operating profit (loss) | 9901 | €354,855 | €317,761 | -€37,094 | -10.5% |
| Financial income | 75/76B | €71,535 | €39,338 | -€32,197 | -45.0% |
| Recurring financial income | 75 | €71,535 | €39,338 | -€32,197 | -45.0% |
| Financial charges | 65/66B | €126,708 | €81,211 | -€45,498 | -35.9% |
| Recurring financial charges | 65 | €126,708 | €81,211 | -€45,498 | -35.9% |
| Profit (loss) for the period before taxes | 9903 | €299,682 | €275,889 | -€23,793 | -7.9% |
| Income taxes | 67/77 | €75,787 | €71,143 | -€4,644 | -6.1% |
| Profit (loss) for the period | 9904 | €223,895 | €204,746 | -€19,149 | -8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €223,895 | €204,746 | -€19,149 | -8.6% |
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 30 September 2026 via checked.be.