INNOVACON: 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.
INNOVACON
Largest movements
- Receivables within one year +€54,032
up €54,032 (+137%), from €39,418 to €93,450
of which Trade receivables: +€48,477
- Tangible fixed assets -€26,590
down €26,590 (-16.2%), from €164,032 to €137,442
of which Land and buildings: -€14,955
- Cash -€22,634
down €22,634 (-73.1%), from €30,962 to €8,329
mainly Receivables within one year (-€54,032) and Debts after one year (-€28,679)
- Trade debts +€38,600
up €38,600 (+228%), from €16,914 to €55,514
- Debts after one year -€28,679
down €28,679 (-16.4%), from €174,371 to €145,692
- Tax, wage and social debts -€7,029
down €7,029 (-41.3%), from €17,032 to €10,002
of which Taxes: -€7,029
- Gross operating margin +€16,183
up €16,183 (+54.7%), from €29,593 to €45,776
- Depreciation +€12,498
up €12,498 (+83.1%), from €15,040 to €27,537
- Other operating charges +€7,711
up €7,711 (+225%), from €3,431 to €11,142
- Taxes -€2,783
down €2,783 (-58.5%), from €4,756 to €1,972
- Financial charges +€2,104
up €2,104 (+46.2%), from €4,553 to €6,656
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 | €239,042 | €245,002 | +€5,960 | +2.5% |
| Fixed assets | 21/28 | €164,032 | €137,442 | -€26,590 | -16.2% |
| Tangible fixed assets | 22/27 | €164,032 | €137,442 | -€26,590 | -16.2% |
| Land and buildings | 22 | €102,171 | €87,216 | -€14,955 | -14.6% |
| Furniture and vehicles | 24 | €1,139 | €1,648 | +€509 | +44.7% |
| Leasing and similar rights | 25 | €60,722 | €48,578 | -€12,144 | -20.0% |
| Current assets | 29/58 | €75,010 | €107,560 | +€32,550 | +43.4% |
| Amounts receivable within one year | 40/41 | €39,418 | €93,450 | +€54,032 | +137% |
| Trade receivables | 40 | €15,383 | €63,861 | +€48,477 | +315% |
| Other amounts receivable | 41 | €24,035 | €29,589 | +€5,555 | +23.1% |
| Cash at bank and in hand | 54/58 | €30,962 | €8,329 | -€22,634 | -73.1% |
| Deferred charges and accrued income | 490/1 | €4,630 | €5,781 | +€1,152 | +24.9% |
| Total equity and liabilities | 10/49 | €239,042 | €245,002 | +€5,960 | +2.5% |
| Equity | 10/15 | €2,766 | €2,781 | +€15 | +0.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,634 | -€9,619 | +€15 | +0.2% |
| Amounts payable | 17/49 | €236,275 | €242,220 | +€5,945 | +2.5% |
| Amounts payable after more than one year | 17 | €174,371 | €145,692 | -€28,679 | -16.4% |
| Financial debts | 170/4 | €174,371 | €145,692 | -€28,679 | -16.4% |
| Amounts payable within one year | 42/48 | €61,904 | €96,528 | +€34,624 | +55.9% |
| Current portion of amounts payable after more than one year | 42 | €27,959 | €28,679 | +€719 | +2.6% |
| Financial debts | 43 | €0 | €2,333 | +€2,333 | |
| Credit institutions | 430/8 | €0 | €2,333 | +€2,333 | |
| Trade debts | 44 | €16,914 | €55,514 | +€38,600 | +228% |
| Suppliers | 440/4 | €16,914 | €55,514 | +€38,600 | +228% |
| Taxes, remuneration and social security | 45 | €17,032 | €10,002 | -€7,029 | -41.3% |
| Taxes | 450/3 | €17,032 | €10,002 | -€7,029 | -41.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,040 | €27,537 | +€12,498 | +83.1% |
| Other operating charges | 640/8 | €3,431 | €11,142 | +€7,711 | +225% |
| Gross operating margin | 9900 | €29,593 | €45,776 | +€16,183 | +54.7% |
| Operating profit (loss) | 9901 | €11,122 | €7,097 | -€4,025 | -36.2% |
| Financial income | 75/76B | €1,307 | €1,547 | +€240 | +18.4% |
| Recurring financial income | 75 | €1,307 | €1,547 | +€240 | +18.4% |
| Financial charges | 65/66B | €4,553 | €6,656 | +€2,104 | +46.2% |
| Recurring financial charges | 65 | €4,553 | €6,656 | +€2,104 | +46.2% |
| Profit (loss) for the period before taxes | 9903 | €7,876 | €1,987 | -€5,889 | -74.8% |
| Income taxes | 67/77 | €4,756 | €1,972 | -€2,783 | -58.5% |
| Profit (loss) for the period | 9904 | €3,120 | €15 | -€3,105 | -99.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,120 | €15 | -€3,105 | -99.5% |
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 17 October 2026 via checked.be.