Innovamus: 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.
Innovamus
Largest movements
- Receivables within one year +€60,047
up €60,047 (+160%), from €37,479 to €97,526
of which Other amounts receivable: +€49,132
- Tangible fixed assets -€9,082
down €9,082 (-23.1%), from €39,400 to €30,318
of which Furniture and vehicles: -€8,599
- Cash +€1,557
up €1,557 (+44.1%), from €3,531 to €5,088
mainly Other debts (+€50,436) and Depreciation (+€9,082)
- Other debts +€50,436
up €50,436 (+165%), from €30,630 to €81,066
- Tax, wage and social debts +€1,891
up €1,891 (+237%), from €799 to €2,690
- Current portion of long-term debt -€1,715
no longer reported in 2025 (was €1,715)
- Gross operating margin +€13,400
up €13,400 (+503%), from €2,663 to €16,063
- Depreciation +€6,214
up €6,214 (+217%), from €2,868 to €9,082
- Financial income -€3,526
down €3,526 (-99.9%), from €3,528 to €3
- Other operating charges +€1,294
up €1,294 (+127%), from €1,017 to €2,310
- Taxes +€1,181
up €1,181 (+78.3%), from €1,508 to €2,690
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 | €82,585 | €134,399 | +€51,814 | +62.7% |
| Fixed assets | 21/28 | €39,400 | €30,318 | -€9,082 | -23.1% |
| Tangible fixed assets | 22/27 | €39,400 | €30,318 | -€9,082 | -23.1% |
| Plant, machinery and equipment | 23 | €921 | €438 | -€483 | -52.5% |
| Furniture and vehicles | 24 | €38,478 | €29,880 | -€8,599 | -22.3% |
| Current assets | 29/58 | €43,185 | €104,082 | +€60,896 | +141% |
| Amounts receivable within one year | 40/41 | €37,479 | €97,526 | +€60,047 | +160% |
| Trade receivables | 40 | €27,095 | €38,010 | +€10,915 | +40.3% |
| Other amounts receivable | 41 | €10,384 | €59,516 | +€49,132 | +473% |
| Cash at bank and in hand | 54/58 | €3,531 | €5,088 | +€1,557 | +44.1% |
| Deferred charges and accrued income | 490/1 | €2,176 | €1,468 | -€708 | -32.5% |
| Total equity and liabilities | 10/49 | €82,585 | €134,399 | +€51,814 | +62.7% |
| Equity | 10/15 | €44,320 | €45,527 | +€1,207 | +2.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,120 | €39,327 | +€1,207 | +3.2% |
| Amounts payable | 17/49 | €38,265 | €88,872 | +€50,607 | +132% |
| Amounts payable within one year | 42/48 | €38,265 | €88,872 | +€50,607 | +132% |
| Current portion of amounts payable after more than one year | 42 | €1,715 | - | -€1,715 | |
| Trade debts | 44 | €5,121 | €5,116 | -€5 | -0.1% |
| Suppliers | 440/4 | €5,121 | €5,116 | -€5 | -0.1% |
| Taxes, remuneration and social security | 45 | €799 | €2,690 | +€1,891 | +237% |
| Taxes | 450/3 | €799 | €2,690 | +€1,891 | +237% |
| Other amounts payable | 47/48 | €30,630 | €81,066 | +€50,436 | +165% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,868 | €9,082 | +€6,214 | +217% |
| Other operating charges | 640/8 | €1,017 | €2,310 | +€1,294 | +127% |
| Non-recurring operating charges | 66A | €121 | €516 | +€395 | +326% |
| Gross operating margin | 9900 | €2,663 | €16,063 | +€13,400 | +503% |
| Operating profit (loss) | 9901 | -€1,343 | €4,155 | +€5,497 | |
| Financial income | 75/76B | €3,528 | €3 | -€3,526 | -99.9% |
| Recurring financial income | 75 | €3,528 | €3 | -€3,526 | -99.9% |
| Financial charges | 65/66B | €387 | €261 | -€127 | -32.7% |
| Recurring financial charges | 65 | €387 | €261 | -€127 | -32.7% |
| Profit (loss) for the period before taxes | 9903 | €1,798 | €3,897 | +€2,098 | +117% |
| Income taxes | 67/77 | €1,508 | €2,690 | +€1,181 | +78.3% |
| Profit (loss) for the period | 9904 | €290 | €1,207 | +€917 | +316% |
| Profit (loss) for the period to be appropriated | 9905 | €290 | €1,207 | +€917 | +316% |
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 31 October 2026 via checked.be.