INNOVAN: what changed
Two fiscal 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.
INNOVAN
Largest movements
- Receivables within one year +€17,058
up €17,058 (+16.0%), from €106,676 to €123,735
of which Other amounts receivable: +€22,208
- Tangible fixed assets -€14,191
down €14,191 (-24.3%), from €58,480 to €44,289
of which Furniture and vehicles: -€13,023
- Cash +€3,420
up €3,420 (+27.2%), from €12,592 to €16,013
mainly Depreciation (+€15,994) and Net result for the year (+€13,378)
- Debts after one year -€13,378
down €13,378 (-65.7%), from €20,360 to €6,982
- Profit (loss) carried forward +€13,378
up €13,378 (+12.7%), from €105,306 to €118,684
- Current portion of long-term debt +€9,969
up €9,969 (+68.5%), from €14,561 to €24,530
- Tax, wage and social debts -€3,151
down €3,151 (-24.1%), from €13,062 to €9,910
of which Taxes: -€3,151
- Gross operating margin +€6,455
up €6,455 (+21.9%), from €29,441 to €35,897
- Taxes +€1,148
up €1,148 (+34.7%), from €3,305 to €4,454
- Other operating charges +€465
up €465 (+40.0%), from €1,161 to €1,626
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.
Cash bridge derived
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 | €178,428 | €185,157 | +€6,729 | +3.8% |
| Fixed assets | 21/28 | €58,480 | €44,289 | -€14,191 | -24.3% |
| Tangible fixed assets | 22/27 | €58,480 | €44,289 | -€14,191 | -24.3% |
| Land and buildings | 22 | €4,347 | €2,916 | -€1,432 | -32.9% |
| Plant, machinery and equipment | 23 | €8,828 | €9,212 | +€383 | +4.3% |
| Furniture and vehicles | 24 | €43,722 | €30,699 | -€13,023 | -29.8% |
| Other tangible fixed assets | 26 | €1,582 | €1,463 | -€119 | -7.5% |
| Current assets | 29/58 | €119,948 | €140,868 | +€20,920 | +17.4% |
| Amounts receivable within one year | 40/41 | €106,676 | €123,735 | +€17,058 | +16.0% |
| Trade receivables | 40 | €9,334 | €4,184 | -€5,150 | -55.2% |
| Other amounts receivable | 41 | €97,342 | €119,550 | +€22,208 | +22.8% |
| Cash at bank and in hand | 54/58 | €12,592 | €16,013 | +€3,420 | +27.2% |
| Deferred charges and accrued income | 490/1 | €680 | €1,121 | +€441 | +64.9% |
| Total equity and liabilities | 10/49 | €178,428 | €185,157 | +€6,729 | +3.8% |
| Equity | 10/15 | €130,036 | €143,414 | +€13,378 | +10.3% |
| Contributions | 10/11 | €6,386 | €6,386 | = | 0.0% |
| Reserves | 13 | €18,344 | €18,344 | = | 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 | €16,484 | €16,484 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,306 | €118,684 | +€13,378 | +12.7% |
| Amounts payable | 17/49 | €48,392 | €41,743 | -€6,649 | -13.7% |
| Amounts payable after more than one year | 17 | €20,360 | €6,982 | -€13,378 | -65.7% |
| Financial debts | 170/4 | €20,360 | €6,982 | -€13,378 | -65.7% |
| Amounts payable within one year | 42/48 | €28,032 | €34,761 | +€6,729 | +24.0% |
| Current portion of amounts payable after more than one year | 42 | €14,561 | €24,530 | +€9,969 | +68.5% |
| Trade debts | 44 | €410 | €321 | -€88 | -21.6% |
| Suppliers | 440/4 | €410 | €321 | -€88 | -21.6% |
| Taxes, remuneration and social security | 45 | €13,062 | €9,910 | -€3,151 | -24.1% |
| Taxes | 450/3 | €13,062 | €9,910 | -€3,151 | -24.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €8,118 | €1,343 | -€6,776 | -83.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,972 | €15,994 | +€22 | +0.1% |
| Other operating charges | 640/8 | €1,161 | €1,626 | +€465 | +40.0% |
| Gross operating margin | 9900 | €29,441 | €35,897 | +€6,455 | +21.9% |
| Operating profit (loss) | 9901 | €12,309 | €18,277 | +€5,969 | +48.5% |
| Financial income | 75/76B | €1,768 | €1,800 | +€32 | +1.8% |
| Recurring financial income | 75 | €1,768 | €1,800 | +€32 | +1.8% |
| Financial charges | 65/66B | €2,367 | €2,246 | -€120 | -5.1% |
| Recurring financial charges | 65 | €2,367 | €2,246 | -€120 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €11,710 | €17,831 | +€6,121 | +52.3% |
| Income taxes | 67/77 | €3,305 | €4,454 | +€1,148 | +34.7% |
| Profit (loss) for the period | 9904 | €8,405 | €13,378 | +€4,973 | +59.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,405 | €13,378 | +€4,973 | +59.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.