INNOVACT: 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.
INNOVACT
Largest movements
- Cash -€1,897
down €1,897 (-48.7%), from €3,891 to €1,994
mainly Trade debts (-€3,604) and Receivables within one year (-€10)
- Tangible fixed assets -€1,142
down €1,142 (-100%), from €1,142 to €0
- Trade debts -€3,604
down €3,604 (-71.5%), from €5,041 to €1,437
- Profit (loss) carried forward +€575
up €575 (+2.3%), from -€24,525 to -€23,950
- Purchases and services -€12,571
down €12,571 (-95.2%), from €13,204 to €634
- Turnover -€12,061
down €12,061 (-83.4%), from €14,461 to €2,400
- Depreciation -€4,637
down €4,637 (-80.2%), from €5,778 to €1,142
- Other operating charges -€624
down €624 (-92.7%), from €673 to €49
- Gross operating margin +€510
up €510 (+40.6%), from €1,256 to €1,766
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 | €5,171 | €2,143 | -€3,028 | -58.6% |
| Fixed assets | 21/28 | €1,142 | €0 | -€1,142 | -100% |
| Tangible fixed assets | 22/27 | €1,142 | €0 | -€1,142 | -100% |
| Furniture and vehicles | 24 | €1,142 | €0 | -€1,142 | -100% |
| Current assets | 29/58 | €4,030 | €2,143 | -€1,887 | -46.8% |
| Amounts receivable within one year | 40/41 | €139 | €149 | +€10 | +6.9% |
| Trade receivables | 40 | €0 | €10 | +€10 | |
| Other amounts receivable | 41 | €139 | €139 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,891 | €1,994 | -€1,897 | -48.7% |
| Total equity and liabilities | 10/49 | €5,171 | €2,143 | -€3,028 | -58.6% |
| Equity | 10/15 | -€1,926 | -€1,351 | +€575 | +29.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,399 | €16,399 | = | 0.0% |
| Distributable reserves | 133 | €16,399 | €16,399 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,525 | -€23,950 | +€575 | +2.3% |
| Amounts payable | 17/49 | €7,098 | €3,494 | -€3,604 | -50.8% |
| Amounts payable within one year | 42/48 | €6,961 | €3,357 | -€3,604 | -51.8% |
| Trade debts | 44 | €5,041 | €1,437 | -€3,604 | -71.5% |
| Suppliers | 440/4 | €5,041 | €1,437 | -€3,604 | -71.5% |
| Taxes, remuneration and social security | 45 | €870 | €870 | = | 0.0% |
| Taxes | 450/3 | €870 | €870 | = | 0.0% |
| Other amounts payable | 47/48 | €1,050 | €1,050 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €137 | €137 | = | 0.0% |
| Turnover | 70 | €14,461 | €2,400 | -€12,061 | -83.4% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €13,204 | €634 | -€12,571 | -95.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,778 | €1,142 | -€4,637 | -80.2% |
| Other operating charges | 640/8 | €673 | €49 | -€624 | -92.7% |
| Gross operating margin | 9900 | €1,256 | €1,766 | +€510 | +40.6% |
| Operating profit (loss) | 9901 | -€5,195 | €575 | +€5,770 | |
| Financial charges | 65/66B | €129 | €0 | -€129 | -100% |
| Recurring financial charges | 65 | €129 | €0 | -€129 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€5,324 | €575 | +€5,899 | |
| Income taxes | 67/77 | €380 | €0 | -€380 | -100% |
| Profit (loss) for the period | 9904 | -€5,704 | €575 | +€6,279 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,704 | €575 | +€6,279 |
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 19 October 2026 via checked.be.