INNOVABIS: 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.
INNOVABIS
Largest movements
- Stocks and contracts -€302,318
down €302,318 (-12.1%), from €2.5m to €2.2m
- Receivables within one year +€65,465
up €65,465 (+33.5%), from €195,618 to €261,083
- Cash +€29,628
up €29,628 (+1,466%), from €2,021 to €31,649
mainly Stocks and contracts (+€302,318) and Trade debts (+€12,709)
- Short-term financial debts -€170,084
down €170,084 (-7.2%), from €2.4m to €2.2m
- Profit (loss) carried forward -€49,044
down €49,044 (-29.3%), from -€167,534 to -€216,578
- Financial charges -€37,544
down €37,544 (-30.4%), from €123,405 to €85,861
- Gross operating margin +€22,926
up €22,926 (+183%), from €12,541 to €35,467
- Financial income +€3,204
up €3,204 (+67.9%), from €4,719 to €7,923
- Other operating charges +€847
up €847 (+228%), from €371 to €1,217
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 | €2,746,614 | €2,533,964 | -€212,650 | -7.7% |
| Fixed assets | 21/28 | €41,233 | €35,877 | -€5,355 | -13.0% |
| Tangible fixed assets | 22/27 | €41,233 | €35,877 | -€5,355 | -13.0% |
| Furniture and vehicles | 24 | €21,161 | €18,369 | -€2,792 | -13.2% |
| Other tangible fixed assets | 26 | €20,071 | €17,508 | -€2,563 | -12.8% |
| Current assets | 29/58 | €2,705,381 | €2,498,087 | -€207,295 | -7.7% |
| Stocks and contracts in progress | 3 | €2,507,052 | €2,204,734 | -€302,318 | -12.1% |
| Stocks | 30/36 | €2,507,052 | €2,204,734 | -€302,318 | -12.1% |
| Amounts receivable within one year | 40/41 | €195,618 | €261,083 | +€65,465 | +33.5% |
| Other amounts receivable | 41 | €195,618 | €261,083 | +€65,465 | +33.5% |
| Cash at bank and in hand | 54/58 | €2,021 | €31,649 | +€29,628 | +1,466% |
| Deferred charges and accrued income | 490/1 | €690 | €620 | -€70 | -10.2% |
| Total equity and liabilities | 10/49 | €2,746,614 | €2,533,964 | -€212,650 | -7.7% |
| Equity | 10/15 | €366,035 | €316,991 | -€49,044 | -13.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €527,369 | €527,369 | = | 0.0% |
| Distributable reserves | 133 | €527,369 | €527,369 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€167,534 | -€216,578 | -€49,044 | -29.3% |
| Amounts payable | 17/49 | €2,380,579 | €2,216,972 | -€163,607 | -6.9% |
| Amounts payable within one year | 42/48 | €2,358,441 | €2,201,066 | -€157,375 | -6.7% |
| Financial debts | 43 | €2,358,400 | €2,188,316 | -€170,084 | -7.2% |
| Credit institutions | 430/8 | €2,358,400 | €2,188,316 | -€170,084 | -7.2% |
| Trade debts | 44 | - | €12,709 | +€12,709 | |
| Suppliers | 440/4 | - | €12,709 | +€12,709 | |
| Other amounts payable | 47/48 | €41 | €41 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €22,138 | €15,907 | -€6,231 | -28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,355 | €5,355 | = | 0.0% |
| Other operating charges | 640/8 | €371 | €1,217 | +€847 | +228% |
| Gross operating margin | 9900 | €12,541 | €35,467 | +€22,926 | +183% |
| Operating profit (loss) | 9901 | €6,815 | €28,894 | +€22,080 | +324% |
| Financial income | 75/76B | €4,719 | €7,923 | +€3,204 | +67.9% |
| Recurring financial income | 75 | €4,719 | €7,923 | +€3,204 | +67.9% |
| Financial charges | 65/66B | €123,405 | €85,861 | -€37,544 | -30.4% |
| Recurring financial charges | 65 | €123,405 | €85,861 | -€37,544 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | -€111,871 | -€49,044 | +€62,828 | +56.2% |
| Profit (loss) for the period | 9904 | -€111,871 | -€49,044 | +€62,828 | +56.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€111,871 | -€49,044 | +€62,828 | +56.2% |
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 27 October 2026 via checked.be.