INNOVAGREEN: 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.
INNOVAGREEN
Largest movements
- Receivables within one year -€49,093
down €49,093 (-27.1%), from €181,348 to €132,255
of which Trade receivables: -€111,209
- Tangible fixed assets -€35,023
down €35,023 (-65.3%), from €53,639 to €18,616
of which Furniture and vehicles: -€42,102
- Deferred charges and accrued income -€28,918
down €28,918 (-97.4%), from €29,693 to €774
- Trade debts -€90,869
down €90,869 (-72.9%), from €124,613 to €33,744
- Tax, wage and social debts -€20,746
down €20,746 (-59.2%), from €35,057 to €14,310
- Current portion of long-term debt -€5,427
no longer reported in 2025 (was €5,427)
- Profit (loss) carried forward +€4,017
up €4,017 (+9.3%), from €43,047 to €47,063
- Gross operating margin -€31,865
down €31,865 (-50.4%), from €63,264 to €31,399
- Other operating charges +€14,598
up €14,598 (+430%), from €3,394 to €17,992
- Taxes -€14,128
down €14,128 (-86.8%), from €16,284 to €2,157
- Financial charges +€3,539
up €3,539 (+417%), from €849 to €4,388
- Financial income +€1,318
up €1,318 (+225%), from €587 to €1,905
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 | €264,680 | €151,655 | -€113,025 | -42.7% |
| Fixed assets | 21/28 | €53,639 | €18,616 | -€35,023 | -65.3% |
| Tangible fixed assets | 22/27 | €53,639 | €18,616 | -€35,023 | -65.3% |
| Plant, machinery and equipment | 23 | €6,218 | €13,296 | +€7,078 | +114% |
| Furniture and vehicles | 24 | €47,422 | €5,320 | -€42,102 | -88.8% |
| Current assets | 29/58 | €211,041 | €133,039 | -€78,002 | -37.0% |
| Amounts receivable within one year | 40/41 | €181,348 | €132,255 | -€49,093 | -27.1% |
| Trade receivables | 40 | €133,592 | €22,383 | -€111,209 | -83.2% |
| Other amounts receivable | 41 | €47,756 | €109,871 | +€62,116 | +130% |
| Cash at bank and in hand | 54/58 | - | €10 | +€10 | |
| Deferred charges and accrued income | 490/1 | €29,693 | €774 | -€28,918 | -97.4% |
| Total equity and liabilities | 10/49 | €264,680 | €151,655 | -€113,025 | -42.7% |
| Equity | 10/15 | €99,584 | €103,600 | +€4,017 | +4.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €50,337 | €50,337 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €48,477 | €48,477 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,047 | €47,063 | +€4,017 | +9.3% |
| Amounts payable | 17/49 | €165,096 | €48,054 | -€117,042 | -70.9% |
| Amounts payable within one year | 42/48 | €165,096 | €48,054 | -€117,042 | -70.9% |
| Current portion of amounts payable after more than one year | 42 | €5,427 | - | -€5,427 | |
| Trade debts | 44 | €124,613 | €33,744 | -€90,869 | -72.9% |
| Suppliers | 440/4 | €124,613 | €33,744 | -€90,869 | -72.9% |
| Taxes, remuneration and social security | 45 | €35,057 | €14,310 | -€20,746 | -59.2% |
| Taxes | 450/3 | €35,057 | €14,310 | -€20,746 | -59.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,106 | €4,751 | +€645 | +15.7% |
| Other operating charges | 640/8 | €3,394 | €17,992 | +€14,598 | +430% |
| Gross operating margin | 9900 | €63,264 | €31,399 | -€31,865 | -50.4% |
| Operating profit (loss) | 9901 | €55,765 | €8,656 | -€47,108 | -84.5% |
| Financial income | 75/76B | €587 | €1,905 | +€1,318 | +225% |
| Recurring financial income | 75 | €587 | €1,905 | +€1,318 | +225% |
| Financial charges | 65/66B | €849 | €4,388 | +€3,539 | +417% |
| Recurring financial charges | 65 | €849 | €4,388 | +€3,539 | +417% |
| Profit (loss) for the period before taxes | 9903 | €55,502 | €6,173 | -€49,329 | -88.9% |
| Income taxes | 67/77 | €16,284 | €2,157 | -€14,128 | -86.8% |
| Profit (loss) for the period | 9904 | €39,218 | €4,017 | -€35,201 | -89.8% |
| Profit (loss) for the period to be appropriated | 9905 | €39,218 | €4,017 | -€35,201 | -89.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.