INNOSTEP: what changed
What changed
INNOSTEP
NACE 74.112, Other professional, scientific and technical activities
filed annual accounts (NBB)
Net result for the year
€5,643
2024 · €3,693+€1,950
Equity
€24,023
2024 · €18,380+€5,643
Cash
€18,102
2024 · €17,560+€542
Balance sheet total
€267,332
2024 · €318,962-€51,631
Largest movements
Assets
- Tangible fixed assets -€28,762
down €28,762 (-11.2%), from €256,447 to €227,685
of which Assets under construction and advance payments: -€104,667
- Receivables within one year -€20,910
down €20,910 (-49.3%), from €42,455 to €21,545
of which Other amounts receivable: -€25,876
Equity and liabilities
- Debts after one year -€39,077
down €39,077 (-17.9%), from €218,053 to €178,977
- Short-term financial debts -€22,081
down €22,081 (-96.3%), from €22,920 to €839
- Current portion of long-term debt -€10,620
down €10,620 (-21.4%), from €49,697 to €39,077
- Trade debts +€7,964
up €7,964 (+1,032%), from €772 to €8,736
- Reserves +€5,643
up €5,643 (+47.3%), from €11,940 to €17,583
Income statement
- Gross operating margin +€3,822
up €3,822 (+6.6%), from €58,201 to €62,023
- Financial charges +€3,271
up €3,271 (+40.3%), from €8,124 to €11,395
- Other operating charges -€1,288
down €1,288 (-39.6%), from €3,248 to €1,960
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€3,693
Gross operating margin
+€3,822
Depreciation
-€453
Other operating charges
+€1,288
Financial income
+€74
Financial charges
-€3,271
Taxes
+€491
Result 2025
€5,643
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€79,274
Investment
-€6,954
Financing
-€71,778
Cash 2024
€17,560
From operations (derived)
+€79,274
Net result for the year
+€5,643
Depreciation
+€38,216
Receivables within one year
+€20,910
Trade debts
+€7,964
Tax, wage and social debts
+€3,162
Other debts
+€3,378
Investment (derived)
-€6,954
Investment in fixed assets (net)
-€6,954
Financing
-€71,778
Debts after one year
-€39,077
Current portion of long-term debt
-€10,620
Short-term financial debts
-€22,081
Cash 2025
€18,102
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €318,962 | €267,332 | -€51,631 | -16.2% |
| Fixed assets | 21/28 | €258,947 | €227,685 | -€31,262 | -12.1% |
| Tangible fixed assets | 22/27 | €256,447 | €227,685 | -€28,762 | -11.2% |
| Land and buildings | 22 | €109,525 | €205,393 | +€95,868 | +87.5% |
| Plant, machinery and equipment | 23 | €21,651 | €18,907 | -€2,745 | -12.7% |
| Furniture and vehicles | 24 | €20,603 | €3,385 | -€17,218 | -83.6% |
| Assets under construction and advance payments | 27 | €104,667 | €0 | -€104,667 | -100% |
| Financial fixed assets | 28 | €2,500 | €0 | -€2,500 | -100% |
| Current assets | 29/58 | €60,016 | €39,647 | -€20,369 | -33.9% |
| Amounts receivable within one year | 40/41 | €42,455 | €21,545 | -€20,910 | -49.3% |
| Trade receivables | 40 | €16,580 | €21,545 | +€4,965 | +29.9% |
| Other amounts receivable | 41 | €25,876 | €0 | -€25,876 | -100% |
| Cash at bank and in hand | 54/58 | €17,560 | €18,102 | +€542 | +3.1% |
| Total equity and liabilities | 10/49 | €318,962 | €267,332 | -€51,631 | -16.2% |
| Equity | 10/15 | €18,380 | €24,023 | +€5,643 | +30.7% |
| Contributions | 10/11 | €6,440 | €6,440 | = | 0.0% |
| Reserves | 13 | €11,940 | €17,583 | +€5,643 | +47.3% |
| Distributable reserves | 133 | €11,940 | €17,583 | +€5,643 | +47.3% |
| Amounts payable | 17/49 | €300,583 | €243,309 | -€57,274 | -19.1% |
| Amounts payable after more than one year | 17 | €218,053 | €178,977 | -€39,077 | -17.9% |
| Financial debts | 170/4 | €218,053 | €178,977 | -€39,077 | -17.9% |
| Amounts payable within one year | 42/48 | €82,530 | €64,332 | -€18,197 | -22.0% |
| Current portion of amounts payable after more than one year | 42 | €49,697 | €39,077 | -€10,620 | -21.4% |
| Financial debts | 43 | €22,920 | €839 | -€22,081 | -96.3% |
| Credit institutions | 430/8 | €22,920 | €839 | -€22,081 | -96.3% |
| Trade debts | 44 | €772 | €8,736 | +€7,964 | +1,032% |
| Suppliers | 440/4 | €772 | €8,736 | +€7,964 | +1,032% |
| Taxes, remuneration and social security | 45 | €9,012 | €12,173 | +€3,162 | +35.1% |
| Taxes | 450/3 | €5,412 | €12,173 | +€6,762 | +125% |
| Remuneration and social security | 454/9 | €3,600 | €0 | -€3,600 | -100% |
| Other amounts payable | 47/48 | €129 | €3,507 | +€3,378 | +2,618% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,763 | €38,216 | +€453 | +1.2% |
| Other operating charges | 640/8 | €3,248 | €1,960 | -€1,288 | -39.6% |
| Gross operating margin | 9900 | €58,201 | €62,023 | +€3,822 | +6.6% |
| Operating profit (loss) | 9901 | €17,190 | €21,847 | +€4,657 | +27.1% |
| Financial income | 75/76B | €53 | €127 | +€74 | +139% |
| Recurring financial income | 75 | €53 | €127 | +€74 | +139% |
| Financial charges | 65/66B | €8,124 | €11,395 | +€3,271 | +40.3% |
| Recurring financial charges | 65 | €8,124 | €11,395 | +€3,271 | +40.3% |
| Profit (loss) for the period before taxes | 9903 | €9,120 | €10,578 | +€1,459 | +16.0% |
| Income taxes | 67/77 | €5,426 | €4,935 | -€491 | -9.1% |
| Profit (loss) for the period | 9904 | €3,693 | €5,643 | +€1,950 | +52.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,693 | €5,643 | +€1,950 | +52.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.