INNOVA IT: 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.
INNOVA IT
Largest movements
- Cash +€35,397
up €35,397 (+65.3%), from €54,225 to €89,621
mainly Net result for the year (+€93,162) and Tax, wage and social debts (+€40,065)
- Tangible fixed assets +€34,860
up €34,860 (+9.3%), from €376,404 to €411,264
of which Land and buildings: +€43,950
- Receivables within one year +€23,912
up €23,912 (+79.8%), from €29,946 to €53,858
of which Trade receivables: +€29,896
- Reserves +€90,000
up €90,000 (+90.1%), from €99,902 to €189,902
- Debts after one year -€44,232
down €44,232 (-31.8%), from €139,162 to €94,930
- Tax, wage and social debts +€40,065
up €40,065 (+91.1%), from €43,980 to €84,045
of which Taxes: +€46,871
- Other debts +€13,695
new in 2025: €13,695
- Trade debts -€7,900
down €7,900 (-18.7%), from €42,255 to €34,356
- Staff costs -€90,246
down €90,246 (-67.7%), from €133,395 to €43,149
- Taxes +€40,431
up €40,431 (+6,079%), from €665 to €41,096
- Gross operating margin +€28,804
up €28,804 (+15.0%), from €191,395 to €220,199
- Other operating charges +€5,608
up €5,608 (+199%), from €2,814 to €8,422
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 | €461,164 | €556,241 | +€95,077 | +20.6% |
| Fixed assets | 21/28 | €376,404 | €411,264 | +€34,860 | +9.3% |
| Tangible fixed assets | 22/27 | €376,404 | €411,264 | +€34,860 | +9.3% |
| Land and buildings | 22 | €231,364 | €275,313 | +€43,950 | +19.0% |
| Plant, machinery and equipment | 23 | €144,453 | €135,866 | -€8,586 | -5.9% |
| Furniture and vehicles | 24 | €588 | €84 | -€504 | -85.7% |
| Current assets | 29/58 | €84,761 | €144,977 | +€60,217 | +71.0% |
| Amounts receivable within one year | 40/41 | €29,946 | €53,858 | +€23,912 | +79.8% |
| Trade receivables | 40 | €19,068 | €48,964 | +€29,896 | +157% |
| Other amounts receivable | 41 | €10,879 | €4,894 | -€5,984 | -55.0% |
| Cash at bank and in hand | 54/58 | €54,225 | €89,621 | +€35,397 | +65.3% |
| Deferred charges and accrued income | 490/1 | €590 | €1,498 | +€908 | +154% |
| Total equity and liabilities | 10/49 | €461,164 | €556,241 | +€95,077 | +20.6% |
| Equity | 10/15 | €209,788 | €302,949 | +€93,162 | +44.4% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Reserves | 13 | €99,902 | €189,902 | +€90,000 | +90.1% |
| Distributable reserves | 133 | €99,902 | €189,902 | +€90,000 | +90.1% |
| Profit (loss) carried forward | 14 | €103,485 | €106,647 | +€3,162 | +3.1% |
| Amounts payable | 17/49 | €251,377 | €253,292 | +€1,915 | +0.8% |
| Amounts payable after more than one year | 17 | €139,162 | €94,930 | -€44,232 | -31.8% |
| Financial debts | 170/4 | €139,162 | €94,930 | -€44,232 | -31.8% |
| Amounts payable within one year | 42/48 | €112,215 | €158,362 | +€46,147 | +41.1% |
| Current portion of amounts payable after more than one year | 42 | €25,980 | €26,266 | +€286 | +1.1% |
| Trade debts | 44 | €42,255 | €34,356 | -€7,900 | -18.7% |
| Suppliers | 440/4 | €42,255 | €34,356 | -€7,900 | -18.7% |
| Taxes, remuneration and social security | 45 | €43,980 | €84,045 | +€40,065 | +91.1% |
| Taxes | 450/3 | €5,084 | €51,955 | +€46,871 | +922% |
| Remuneration and social security | 454/9 | €38,895 | €32,089 | -€6,806 | -17.5% |
| Other amounts payable | 47/48 | - | €13,695 | +€13,695 | |
| Remuneration, social security and pensions | 62 | €133,395 | €43,149 | -€90,246 | -67.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,588 | €29,140 | +€552 | +1.9% |
| Other operating charges | 640/8 | €2,814 | €8,422 | +€5,608 | +199% |
| Gross operating margin | 9900 | €191,395 | €220,199 | +€28,804 | +15.0% |
| Operating profit (loss) | 9901 | €26,597 | €139,487 | +€112,890 | +424% |
| Financial income | 75/76B | €57 | €7 | -€49 | -87.1% |
| Recurring financial income | 75 | €57 | €7 | -€49 | -87.1% |
| Financial charges | 65/66B | €4,043 | €5,237 | +€1,194 | +29.5% |
| Recurring financial charges | 65 | €4,043 | €5,237 | +€1,194 | +29.5% |
| Profit (loss) for the period before taxes | 9903 | €22,610 | €134,257 | +€111,647 | +494% |
| Income taxes | 67/77 | €665 | €41,096 | +€40,431 | +6,079% |
| Profit (loss) for the period | 9904 | €21,945 | €93,162 | +€71,216 | +325% |
| Profit (loss) for the period to be appropriated | 9905 | €21,945 | €93,162 | +€71,216 | +325% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.