Innovaspices: what changed
Innovaspices
Largest movements
- Receivables within one year +€1.2m
up €1.2m (+4,217%), from €29,230 to €1.3m
of which Trade receivables: +€1.2m
- Current investments -€150,000
down €150,000 (-97.2%), from €154,396 to €4,396
- Cash -€30,124
down €30,124 (-12.9%), from €233,074 to €202,949
mainly Receivables within one year (-€1.2m) and Contributions, distributions and other (-€30,000)
- Short-term financial debts +€600,000
new in 2025: €600,000
- Reserves +€318,295
up €318,295 (+109%), from €291,143 to €609,439
of which Distributable reserves: +€318,295
- Tax, wage and social debts +€82,094
up €82,094 (+127%), from €64,763 to €146,857
- Trade debts +€78,160
up €78,160 (+439%), from €17,814 to €95,974
- Profit (loss) carried forward -€32,055
down €32,055 (-55.0%), from €58,287 to €26,231
- Gross operating margin +€81,866
up €81,866 (+17.6%), from €464,710 to €546,575
- Taxes +€29,738
up €29,738 (+18.2%), from €163,779 to €193,517
- Financial charges +€12,897
up €12,897 (+241%), from €5,344 to €18,241
- Financial income -€6,869
down €6,869 (-96.8%), from €7,096 to €227
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 | €451,635 | €1,498,407 | +€1.0m | +232% |
| Fixed assets | 21/28 | €32,055 | €23,865 | -€8,190 | -25.5% |
| Tangible fixed assets | 22/27 | €32,055 | €23,865 | -€8,190 | -25.5% |
| Land and buildings | 22 | €4,552 | €3,778 | -€773 | -17.0% |
| Plant, machinery and equipment | 23 | €3,250 | €1,845 | -€1,406 | -43.2% |
| Furniture and vehicles | 24 | €19,046 | €12,734 | -€6,312 | -33.1% |
| Other tangible fixed assets | 26 | €5,207 | €5,508 | +€301 | +5.8% |
| Current assets | 29/58 | €419,580 | €1,474,542 | +€1.1m | +251% |
| Amounts receivable within one year | 40/41 | €29,230 | €1,261,903 | +€1.2m | +4,217% |
| Trade receivables | 40 | €10,279 | €1,257,395 | +€1.2m | +12,132% |
| Other amounts receivable | 41 | €18,951 | €4,508 | -€14,443 | -76.2% |
| Current investments | 50/53 | €154,396 | €4,396 | -€150,000 | -97.2% |
| Cash at bank and in hand | 54/58 | €233,074 | €202,949 | -€30,124 | -12.9% |
| Deferred charges and accrued income | 490/1 | €2,880 | €5,294 | +€2,414 | +83.8% |
| Total equity and liabilities | 10/49 | €451,635 | €1,498,407 | +€1.0m | +232% |
| Equity | 10/15 | €368,030 | €654,270 | +€286,240 | +77.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €291,143 | €609,439 | +€318,295 | +109% |
| 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 | €289,283 | €607,579 | +€318,295 | +110% |
| Profit (loss) carried forward | 14 | €58,287 | €26,231 | -€32,055 | -55.0% |
| Amounts payable | 17/49 | €83,605 | €844,137 | +€760,533 | +910% |
| Amounts payable within one year | 42/48 | €82,709 | €842,962 | +€760,254 | +919% |
| Financial debts | 43 | - | €600,000 | +€600,000 | |
| Credit institutions | 430/8 | - | €600,000 | +€600,000 | |
| Trade debts | 44 | €17,814 | €95,974 | +€78,160 | +439% |
| Suppliers | 440/4 | €17,814 | €95,974 | +€78,160 | +439% |
| Taxes, remuneration and social security | 45 | €64,763 | €146,857 | +€82,094 | +127% |
| Taxes | 450/3 | €64,763 | €146,857 | +€82,094 | +127% |
| Other amounts payable | 47/48 | €132 | €132 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €896 | €1,175 | +€279 | +31.1% |
| Non-recurring operating income | 76A | €10,916 | €2,775 | -€8,141 | -74.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,789 | €11,985 | +€1,196 | +11.1% |
| Other operating charges | 640/8 | €2,611 | €6,821 | +€4,210 | +161% |
| Gross operating margin | 9900 | €464,710 | €546,575 | +€81,866 | +17.6% |
| Operating profit (loss) | 9901 | €451,310 | €527,770 | +€76,460 | +16.9% |
| Financial income | 75/76B | €7,096 | €227 | -€6,869 | -96.8% |
| Recurring financial income | 75 | €7,096 | €227 | -€6,869 | -96.8% |
| Financial charges | 65/66B | €5,344 | €18,241 | +€12,897 | +241% |
| Recurring financial charges | 65 | €5,344 | €18,241 | +€12,897 | +241% |
| Profit (loss) for the period before taxes | 9903 | €453,062 | €509,757 | +€56,695 | +12.5% |
| Income taxes | 67/77 | €163,779 | €193,517 | +€29,738 | +18.2% |
| Profit (loss) for the period | 9904 | €289,283 | €316,240 | +€26,957 | +9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €289,283 | €316,240 | +€26,957 | +9.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.