Innovated Engineering Consultancy: 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.
Innovated Engineering Consultancy
Largest movements
- Cash -€44,318
down €44,318 (-92.3%), from €48,013 to €3,695
mainly Receivables within one year (-€41,795) and Tax, wage and social debts (-€9,115)
- Receivables within one year +€41,795
up €41,795 (+142%), from €29,450 to €71,245
of which Other amounts receivable: +€40,518
- Receivables after one year -€21,240
no longer reported in 2025 (was €21,240)
- Deferred charges and accrued income +€2,425
up €2,425 (+105%), from €2,300 to €4,725
- Tangible fixed assets -€1,925
down €1,925 (-75.1%), from €2,563 to €638
of which Furniture and vehicles: -€1,568
- Tax, wage and social debts -€9,115
down €9,115 (-99.6%), from €9,152 to €37
- Accrued charges and deferred income -€8,560
down €8,560 (-72.8%), from €11,760 to €3,200
- Trade debts -€2,731
down €2,731 (-46.1%), from €5,922 to €3,192
- Other debts -€1,330
down €1,330 (-92.7%), from €1,434 to €104
- Gross operating margin -€74,327
down €74,327 (-92.8%), from €80,088 to €5,761
- Taxes -€23,573
down €23,573 (-96.8%), from €24,351 to €778
- Financial income +€1,495
up €1,495 (+114%), from €1,309 to €2,804
- Financial charges +€942
up €942 (+26.0%), from €3,625 to €4,566
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 | €103,567 | €80,304 | -€23,263 | -22.5% |
| Fixed assets | 21/28 | €2,563 | €638 | -€1,925 | -75.1% |
| Tangible fixed assets | 22/27 | €2,563 | €638 | -€1,925 | -75.1% |
| Land and buildings | 22 | €357 | - | -€357 | |
| Furniture and vehicles | 24 | €2,206 | €638 | -€1,568 | -71.1% |
| Current assets | 29/58 | €101,004 | €79,665 | -€21,338 | -21.1% |
| Amounts receivable after more than one year | 29 | €21,240 | - | -€21,240 | |
| Other amounts receivable | 291 | €21,240 | - | -€21,240 | |
| Amounts receivable within one year | 40/41 | €29,450 | €71,245 | +€41,795 | +142% |
| Trade receivables | 40 | €10,957 | €12,233 | +€1,277 | +11.7% |
| Other amounts receivable | 41 | €18,494 | €59,012 | +€40,518 | +219% |
| Cash at bank and in hand | 54/58 | €48,013 | €3,695 | -€44,318 | -92.3% |
| Deferred charges and accrued income | 490/1 | €2,300 | €4,725 | +€2,425 | +105% |
| Total equity and liabilities | 10/49 | €103,567 | €80,304 | -€23,263 | -22.5% |
| Equity | 10/15 | €72,845 | €72,845 | = | 0.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €57,845 | €57,845 | = | 0.0% |
| Distributable reserves | 133 | €57,845 | €57,845 | = | 0.0% |
| Amounts payable | 17/49 | €30,722 | €7,458 | -€23,263 | -75.7% |
| Amounts payable after more than one year | 17 | €925 | - | -€925 | |
| Financial debts | 170/4 | €925 | - | -€925 | |
| Amounts payable within one year | 42/48 | €18,037 | €4,258 | -€13,778 | -76.4% |
| Current portion of amounts payable after more than one year | 42 | €1,528 | €925 | -€603 | -39.5% |
| Trade debts | 44 | €5,922 | €3,192 | -€2,731 | -46.1% |
| Suppliers | 440/4 | €5,922 | €3,192 | -€2,731 | -46.1% |
| Taxes, remuneration and social security | 45 | €9,152 | €37 | -€9,115 | -99.6% |
| Taxes | 450/3 | €9,152 | €37 | -€9,115 | -99.6% |
| Other amounts payable | 47/48 | €1,434 | €104 | -€1,330 | -92.7% |
| Accrued charges and deferred income | 492/3 | €11,760 | €3,200 | -€8,560 | -72.8% |
| Non-recurring operating income | 76A | €260 | €10,578 | +€10,318 | +3,973% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,045 | €1,925 | -€121 | -5.9% |
| Other operating charges | 640/8 | €988 | €1,191 | +€203 | +20.5% |
| Gross operating margin | 9900 | €80,088 | €5,761 | -€74,327 | -92.8% |
| Operating profit (loss) | 9901 | €77,054 | €2,645 | -€74,409 | -96.6% |
| Financial income | 75/76B | €1,309 | €2,804 | +€1,495 | +114% |
| Recurring financial income | 75 | €1,309 | €2,804 | +€1,495 | +114% |
| Financial charges | 65/66B | €3,625 | €4,566 | +€942 | +26.0% |
| Recurring financial charges | 65 | €3,625 | €4,566 | +€942 | +26.0% |
| Profit (loss) for the period before taxes | 9903 | €74,738 | €883 | -€73,855 | -98.8% |
| Income taxes | 67/77 | €24,351 | €778 | -€23,573 | -96.8% |
| Profit (loss) for the period | 9904 | €50,387 | €104 | -€50,283 | -99.8% |
| Profit (loss) for the period to be appropriated | 9905 | €50,387 | €104 | -€50,283 | -99.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.