INNOVACTIONS: 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.
INNOVACTIONS
Largest movements
- Cash -€19,672
down €19,672 (-14.5%), from €135,691 to €116,019
mainly Investment in fixed assets (net) (-€9,621) and Deferred charges and accrued income (-€9,615)
- Deferred charges and accrued income +€9,615
up €9,615 (+35.2%), from €27,345 to €36,960
- Tangible fixed assets +€6,891
up €6,891 (+56.6%), from €12,173 to €19,064
of which Land and buildings: +€7,072
- Reserves -€7,040
down €7,040 (-9.6%), from €73,293 to €66,252
of which Distributable reserves: -€7,040
- Tax, wage and social debts +€5,279
up €5,279 (+84.3%), from €6,266 to €11,545
- Gross operating margin -€14,604
down €14,604 (-90.0%), from €16,236 to €1,632
- Other operating charges -€3,066
down €3,066 (-36.8%), from €8,329 to €5,264
- Taxes -€1,452
down €1,452 (-100%), from €1,452 to €0
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 | €175,261 | €172,106 | -€3,155 | -1.8% |
| Fixed assets | 21/28 | €12,173 | €19,064 | +€6,891 | +56.6% |
| Tangible fixed assets | 22/27 | €12,173 | €19,064 | +€6,891 | +56.6% |
| Land and buildings | 22 | €11,993 | €19,064 | +€7,072 | +59.0% |
| Plant, machinery and equipment | 23 | €181 | €0 | -€181 | -100% |
| Current assets | 29/58 | €163,088 | €153,042 | -€10,046 | -6.2% |
| Amounts receivable within one year | 40/41 | €51 | €63 | +€12 | +22.6% |
| Other amounts receivable | 41 | €51 | €63 | +€12 | +22.6% |
| Cash at bank and in hand | 54/58 | €135,691 | €116,019 | -€19,672 | -14.5% |
| Deferred charges and accrued income | 490/1 | €27,345 | €36,960 | +€9,615 | +35.2% |
| Total equity and liabilities | 10/49 | €175,261 | €172,106 | -€3,155 | -1.8% |
| Equity | 10/15 | €135,266 | €128,222 | -€7,044 | -5.2% |
| Contributions | 10/11 | €61,973 | €61,970 | -€4 | 0.0% |
| Capital | 10 | €61,973 | €61,970 | -€4 | 0.0% |
| Issued capital | 100 | €61,973 | €61,970 | -€4 | 0.0% |
| Reserves | 13 | €73,293 | €66,252 | -€7,040 | -9.6% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €67,095 | €60,055 | -€7,040 | -10.5% |
| Amounts payable | 17/49 | €39,995 | €43,884 | +€3,889 | +9.7% |
| Amounts payable within one year | 42/48 | €39,995 | €43,884 | +€3,889 | +9.7% |
| Trade debts | 44 | €9,620 | €7,994 | -€1,626 | -16.9% |
| Suppliers | 440/4 | €9,620 | €7,994 | -€1,626 | -16.9% |
| Taxes, remuneration and social security | 45 | €6,266 | €11,545 | +€5,279 | +84.3% |
| Taxes | 450/3 | €6,266 | €11,545 | +€5,279 | +84.3% |
| Other amounts payable | 47/48 | €24,109 | €24,346 | +€237 | +1.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,686 | €2,730 | +€43 | +1.6% |
| Other operating charges | 640/8 | €8,329 | €5,264 | -€3,066 | -36.8% |
| Gross operating margin | 9900 | €16,236 | €1,632 | -€14,604 | -90.0% |
| Operating profit (loss) | 9901 | €5,220 | -€6,362 | -€11,582 | |
| Financial income | 75/76B | €0 | €39 | +€39 | |
| Recurring financial income | 75 | €0 | €39 | +€39 | |
| Financial charges | 65/66B | €708 | €717 | +€9 | +1.3% |
| Recurring financial charges | 65 | €708 | €717 | +€9 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €4,512 | -€7,040 | -€11,552 | |
| Income taxes | 67/77 | €1,452 | €0 | -€1,452 | -100% |
| Profit (loss) for the period | 9904 | €3,061 | -€7,040 | -€10,101 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,061 | -€7,040 | -€10,101 |
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 17 October 2026 via checked.be.