INNOVA SQUARE: 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 SQUARE
Largest movements
- Receivables within one year +€3,899
up €3,899 (+8.7%), from €45,017 to €48,916
of which Trade receivables: +€3,899
- Cash +€3,108
up €3,108 (+10.8%), from €28,653 to €31,761
mainly Trade debts (+€24,128) and Tax, wage and social debts (+€3,001)
- Trade debts +€24,128
up €24,128 (+123%), from €19,662 to €43,790
- Profit (loss) carried forward -€20,121
down €20,121 (-74.2%), from €27,100 to €6,979
- Tax, wage and social debts +€3,001
up €3,001 (+11.6%), from €25,908 to €28,909
of which Taxes: +€3,001
- Purchases and services +€177,466
up €177,466 (+58.4%), from €303,793 to €481,259
- Gross operating margin -€46,168
down €46,168, from €29,849 to -€16,318
- Taxes -€5,908
down €5,908 (-99.2%), from €5,957 to €49
- Other operating charges +€3,400
new in 2025: €3,400
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 | €73,670 | €80,678 | +€7,008 | +9.5% |
| Current assets | 29/58 | €73,670 | €80,678 | +€7,008 | +9.5% |
| Amounts receivable within one year | 40/41 | €45,017 | €48,916 | +€3,899 | +8.7% |
| Trade receivables | 40 | €43,085 | €46,984 | +€3,899 | +9.1% |
| Other amounts receivable | 41 | €1,932 | €1,932 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €28,653 | €31,761 | +€3,108 | +10.8% |
| Total equity and liabilities | 10/49 | €73,670 | €80,678 | +€7,008 | +9.5% |
| Equity | 10/15 | €28,100 | €7,979 | -€20,121 | -71.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,100 | €6,979 | -€20,121 | -74.2% |
| Amounts payable | 17/49 | €45,571 | €72,699 | +€27,128 | +59.5% |
| Amounts payable within one year | 42/48 | €45,571 | €72,699 | +€27,128 | +59.5% |
| Trade debts | 44 | €19,662 | €43,790 | +€24,128 | +123% |
| Suppliers | 440/4 | €19,662 | €43,790 | +€24,128 | +123% |
| Taxes, remuneration and social security | 45 | €25,908 | €28,909 | +€3,001 | +11.6% |
| Taxes | 450/3 | €25,902 | €28,903 | +€3,001 | +11.6% |
| Remuneration and social security | 454/9 | €6 | €6 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €303,793 | €481,259 | +€177,466 | +58.4% |
| Other operating charges | 640/8 | - | €3,400 | +€3,400 | |
| Non-recurring operating charges | 66A | - | €300 | +€300 | |
| Gross operating margin | 9900 | €29,849 | -€16,318 | -€46,168 | |
| Operating profit (loss) | 9901 | €29,849 | -€20,019 | -€49,868 | |
| Financial charges | 65/66B | €65 | €53 | -€12 | -18.1% |
| Recurring financial charges | 65 | €65 | €53 | -€12 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €29,784 | -€20,072 | -€49,856 | |
| Income taxes | 67/77 | €5,957 | €49 | -€5,908 | -99.2% |
| Profit (loss) for the period | 9904 | €23,827 | -€20,121 | -€43,948 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,827 | -€20,121 | -€43,948 |
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 20 October 2026 via checked.be.