INNOV8: 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.
INNOV8
Largest movements
- Receivables within one year +€7,540
up €7,540 (+7.9%), from €95,567 to €103,107
of which Trade receivables: +€6,596
- Cash +€7,455
up €7,455 (+26.4%), from €28,275 to €35,730
mainly Net result for the year (+€36,376) and Trade debts (+€2,369)
- Tangible fixed assets +€4,435
up €4,435 (+151%), from €2,945 to €7,381
of which Furniture and vehicles: +€4,939
- Deferred charges and accrued income +€2,217
up €2,217 (+1,814%), from €122 to €2,339
- Profit (loss) carried forward +€36,376
up €36,376 (+42.7%), from €85,142 to €121,519
- Tax, wage and social debts -€16,755
down €16,755 (-44.0%), from €38,095 to €21,340
- Trade debts +€2,369
up €2,369 (+2,367%), from €100 to €2,469
- Gross operating margin -€16,922
down €16,922 (-24.7%), from €68,563 to €51,641
- Taxes -€2,686
down €2,686 (-19.3%), from €13,943 to €11,257
- Financial charges +€938
up €938 (+30.9%), from €3,040 to €3,978
- Depreciation +€697
up €697 (+239%), from €291 to €988
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 | €126,909 | €148,556 | +€21,647 | +17.1% |
| Fixed assets | 21/28 | €2,945 | €7,381 | +€4,435 | +151% |
| Tangible fixed assets | 22/27 | €2,945 | €7,381 | +€4,435 | +151% |
| Land and buildings | 22 | €2,945 | €2,441 | -€504 | -17.1% |
| Furniture and vehicles | 24 | - | €4,939 | +€4,939 | |
| Current assets | 29/58 | €123,964 | €141,176 | +€17,212 | +13.9% |
| Amounts receivable within one year | 40/41 | €95,567 | €103,107 | +€7,540 | +7.9% |
| Trade receivables | 40 | €38,702 | €45,298 | +€6,596 | +17.0% |
| Other amounts receivable | 41 | €56,865 | €57,809 | +€944 | +1.7% |
| Cash at bank and in hand | 54/58 | €28,275 | €35,730 | +€7,455 | +26.4% |
| Deferred charges and accrued income | 490/1 | €122 | €2,339 | +€2,217 | +1,814% |
| Total equity and liabilities | 10/49 | €126,909 | €148,556 | +€21,647 | +17.1% |
| Equity | 10/15 | €87,642 | €124,019 | +€36,376 | +41.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,142 | €121,519 | +€36,376 | +42.7% |
| Amounts payable | 17/49 | €39,267 | €24,538 | -€14,729 | -37.5% |
| Amounts payable within one year | 42/48 | €38,755 | €24,538 | -€14,217 | -36.7% |
| Trade debts | 44 | €100 | €2,469 | +€2,369 | +2,367% |
| Suppliers | 440/4 | €100 | €2,469 | +€2,369 | +2,367% |
| Taxes, remuneration and social security | 45 | €38,095 | €21,340 | -€16,755 | -44.0% |
| Taxes | 450/3 | €38,095 | €21,340 | -€16,755 | -44.0% |
| Other amounts payable | 47/48 | €560 | €729 | +€169 | +30.2% |
| Accrued charges and deferred income | 492/3 | €512 | - | -€512 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €291 | €988 | +€697 | +239% |
| Other operating charges | 640/8 | - | €107 | +€107 | |
| Gross operating margin | 9900 | €68,563 | €51,641 | -€16,922 | -24.7% |
| Operating profit (loss) | 9901 | €68,272 | €50,545 | -€17,727 | -26.0% |
| Financial income | 75/76B | €763 | €1,067 | +€304 | +39.8% |
| Recurring financial income | 75 | €763 | €1,067 | +€304 | +39.8% |
| Financial charges | 65/66B | €3,040 | €3,978 | +€938 | +30.9% |
| Recurring financial charges | 65 | €3,040 | €3,978 | +€938 | +30.9% |
| Profit (loss) for the period before taxes | 9903 | €65,995 | €47,633 | -€18,361 | -27.8% |
| Income taxes | 67/77 | €13,943 | €11,257 | -€2,686 | -19.3% |
| Profit (loss) for the period | 9904 | €52,052 | €36,376 | -€15,675 | -30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €52,052 | €36,376 | -€15,675 | -30.1% |
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 24 October 2026 via checked.be.