INNOVALAB: what changed
INNOVALAB
Largest movements
- Cash -€15,309
down €15,309 (-60.8%), from €25,191 to €9,882
mainly Contributions, distributions and other (-€160,000) and Tax, wage and social debts (-€24,091)
- Receivables within one year -€4,307
down €4,307 (-4.6%), from €92,728 to €88,421
of which Trade receivables: -€8,869
- Tangible fixed assets -€3,144
down €3,144 (-43.0%), from €7,310 to €4,166
- Other debts +€115,887
up €115,887 (+126%), from €91,723 to €207,609
- Reserves -€113,200
down €113,200 (-94.0%), from €120,436 to €7,236
of which Distributable reserves: -€113,200
- Tax, wage and social debts -€24,091
down €24,091 (-61.2%), from €39,396 to €15,304
of which Taxes: -€25,367
- Staff costs +€9,302
up €9,302 (+14.2%), from €65,553 to €74,855
- Taxes -€4,894
down €4,894 (-23.5%), from €20,868 to €15,975
- Gross operating margin -€4,817
down €4,817 (-3.3%), from €146,206 to €141,389
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €275,363 | €252,658 | -€22,705 | -8.2% |
| Fixed assets | 21/28 | €157,310 | €154,166 | -€3,144 | -2.0% |
| Tangible fixed assets | 22/27 | €7,310 | €4,166 | -€3,144 | -43.0% |
| Furniture and vehicles | 24 | €7,310 | €4,166 | -€3,144 | -43.0% |
| Financial fixed assets | 28 | €150,000 | €150,000 | = | 0.0% |
| Current assets | 29/58 | €118,053 | €98,492 | -€19,561 | -16.6% |
| Amounts receivable within one year | 40/41 | €92,728 | €88,421 | -€4,307 | -4.6% |
| Trade receivables | 40 | €91,452 | €82,583 | -€8,869 | -9.7% |
| Other amounts receivable | 41 | €1,276 | €5,838 | +€4,562 | +358% |
| Cash at bank and in hand | 54/58 | €25,191 | €9,882 | -€15,309 | -60.8% |
| Deferred charges and accrued income | 490/1 | €134 | €190 | +€55 | +41.0% |
| Total equity and liabilities | 10/49 | €275,363 | €252,658 | -€22,705 | -8.2% |
| Equity | 10/15 | €139,036 | €25,836 | -€113,200 | -81.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €120,436 | €7,236 | -€113,200 | -94.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €120,436 | €7,236 | -€113,200 | -94.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €136,327 | €226,822 | +€90,495 | +66.4% |
| Amounts payable within one year | 42/48 | €136,327 | €226,822 | +€90,495 | +66.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €5,209 | €3,908 | -€1,301 | -25.0% |
| Suppliers | 440/4 | €5,209 | €3,908 | -€1,301 | -25.0% |
| Taxes, remuneration and social security | 45 | €39,396 | €15,304 | -€24,091 | -61.2% |
| Taxes | 450/3 | €29,909 | €4,543 | -€25,367 | -84.8% |
| Remuneration and social security | 454/9 | €9,486 | €10,762 | +€1,276 | +13.4% |
| Other amounts payable | 47/48 | €91,723 | €207,609 | +€115,887 | +126% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €65,553 | €74,855 | +€9,302 | +14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,122 | €3,144 | +€1,022 | +48.2% |
| Other operating charges | 640/8 | €554 | €568 | +€14 | +2.5% |
| Gross operating margin | 9900 | €146,206 | €141,389 | -€4,817 | -3.3% |
| Operating profit (loss) | 9901 | €77,978 | €62,822 | -€15,155 | -19.4% |
| Financial charges | 65/66B | €169 | €47 | -€121 | -71.9% |
| Recurring financial charges | 65 | €169 | €47 | -€121 | -71.9% |
| Profit (loss) for the period before taxes | 9903 | €77,809 | €62,775 | -€15,034 | -19.3% |
| Income taxes | 67/77 | €20,868 | €15,975 | -€4,894 | -23.5% |
| Profit (loss) for the period | 9904 | €56,940 | €46,800 | -€10,140 | -17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €56,940 | €46,800 | -€10,140 | -17.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.