INNOTY: 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.
INNOTY
Largest movements
- Cash +€18,014
up €18,014 (+7.2%), from €251,581 to €269,595
mainly Net result for the year (+€52,555) and Depreciation (+€28,737)
- Tangible fixed assets -€13,209
down €13,209 (-21.0%), from €62,820 to €49,611
of which Furniture and vehicles: -€13,209
- Intangible fixed assets -€12,298
down €12,298 (-100.0%), from €12,298 to €0
- Reserves +€297,350
new in 2025: €297,350
- Profit (loss) carried forward -€244,795
down €244,795 (-100.0%), from €244,795 to €0
- Other debts -€67,310
down €67,310 (-83.1%), from €80,961 to €13,652
- Short-term financial debts +€11,294
new in 2025: €11,294
- Tax, wage and social debts +€8,319
up €8,319 (+67.1%), from €12,404 to €20,723
of which Taxes: +€8,319
- Staff costs -€41,590
down €41,590 (-100.0%), from €41,590 to €0
- Gross operating margin -€21,670
down €21,670 (-17.0%), from €127,363 to €105,692
- Taxes +€19,144
up €19,144 (+4562.3%), from €420 to €19,564
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 | €377,792 | €372,831 | -€4,960 | -1.3% |
| Fixed assets | 21/28 | €77,367 | €51,861 | -€25,506 | -33.0% |
| Intangible fixed assets | 21 | €12,298 | €0 | -€12,298 | -100.0% |
| Tangible fixed assets | 22/27 | €62,820 | €49,611 | -€13,209 | -21.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €62,820 | €49,611 | -€13,209 | -21.0% |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €300,424 | €320,970 | +€20,546 | +6.8% |
| Amounts receivable within one year | 40/41 | €41,802 | €45,223 | +€3,420 | +8.2% |
| Trade receivables | 40 | €40,181 | €44,798 | +€4,617 | +11.5% |
| Other amounts receivable | 41 | €1,621 | €424 | -€1,197 | -73.8% |
| Cash at bank and in hand | 54/58 | €251,581 | €269,595 | +€18,014 | +7.2% |
| Deferred charges and accrued income | 490/1 | €7,041 | €6,152 | -€889 | -12.6% |
| Total equity and liabilities | 10/49 | €377,792 | €372,831 | -€4,960 | -1.3% |
| Equity | 10/15 | €263,345 | €315,900 | +€52,555 | +20.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | - | €297,350 | +€297,350 | |
| Distributable reserves | 133 | - | €297,350 | +€297,350 | |
| Profit (loss) carried forward | 14 | €244,795 | €0 | -€244,795 | -100.0% |
| Amounts payable | 17/49 | €114,447 | €56,932 | -€57,515 | -50.3% |
| Amounts payable within one year | 42/48 | €100,479 | €50,610 | -€49,868 | -49.6% |
| Financial debts | 43 | - | €11,294 | +€11,294 | |
| Credit institutions | 430/8 | - | €11,294 | +€11,294 | |
| Trade debts | 44 | €7,114 | €4,941 | -€2,173 | -30.5% |
| Suppliers | 440/4 | €7,114 | €4,941 | -€2,173 | -30.5% |
| Taxes, remuneration and social security | 45 | €12,404 | €20,723 | +€8,319 | +67.1% |
| Taxes | 450/3 | €12,404 | €20,723 | +€8,319 | +67.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €80,961 | €13,652 | -€67,310 | -83.1% |
| Accrued charges and deferred income | 492/3 | €13,968 | €6,321 | -€7,647 | -54.7% |
| Non-recurring operating income | 76A | - | €338 | +€338 | |
| Remuneration, social security and pensions | 62 | €41,590 | €0 | -€41,590 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,114 | €28,737 | +€623 | +2.2% |
| Other operating charges | 640/8 | €1,133 | €2,235 | +€1,103 | +97.3% |
| Non-recurring operating charges | 66A | €1,293 | €975 | -€318 | -24.6% |
| Gross operating margin | 9900 | €127,363 | €105,692 | -€21,670 | -17.0% |
| Operating profit (loss) | 9901 | €55,233 | €73,746 | +€18,513 | +33.5% |
| Financial income | 75/76B | €25 | €128 | +€103 | +415.6% |
| Recurring financial income | 75 | €25 | €128 | +€103 | +415.6% |
| Financial charges | 65/66B | €673 | €1,755 | +€1,082 | +160.9% |
| Recurring financial charges | 65 | €673 | €1,755 | +€1,082 | +160.9% |
| Profit (loss) for the period before taxes | 9903 | €54,585 | €72,119 | +€17,533 | +32.1% |
| Income taxes | 67/77 | €420 | €19,564 | +€19,144 | +4562.3% |
| Profit (loss) for the period | 9904 | €54,166 | €52,555 | -€1,611 | -3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €54,166 | €52,555 | -€1,611 | -3.0% |
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 6 October 2026 via checked.be.