INNOVATERRA: 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.
INNOVATERRA
Largest movements
- Cash +€10,970
up €10,970 (+797.3%), from €1,376 to €12,346
mainly Net result for the year (+€11,100) and Receivables within one year (+€3,178)
- Receivables within one year -€3,178
down €3,178 (-72.8%), from €4,366 to €1,188
of which Trade receivables: -€2,360
- Tangible fixed assets -€1,242
down €1,242 (-44.4%), from €2,800 to €1,558
- Deferred charges and accrued income +€650
up €650 (+1298.9%), from €50 to €700
- Profit (loss) carried forward +€11,100
up €11,100 (+92.7%), from -€11,968 to -€868
- Other debts -€3,888
down €3,888 (-26.7%), from €14,589 to €10,700
- Gross operating margin +€19,318
up €19,318, from -€1,381 to €17,936
- Taxes +€4,576
up €4,576 (+24680.8%), from €19 to €4,594
- Depreciation +€422
up €422 (+51.4%), from €820 to €1,242
- Other operating charges +€306
up €306 (+68.7%), from €446 to €752
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 | €9,431 | €16,631 | +€7,200 | +76.3% |
| Fixed assets | 21/28 | €3,640 | €2,398 | -€1,242 | -34.1% |
| Tangible fixed assets | 22/27 | €2,800 | €1,558 | -€1,242 | -44.4% |
| Furniture and vehicles | 24 | €2,800 | €1,558 | -€1,242 | -44.4% |
| Financial fixed assets | 28 | €840 | €840 | = | 0.0% |
| Current assets | 29/58 | €5,792 | €14,233 | +€8,441 | +145.7% |
| Amounts receivable within one year | 40/41 | €4,366 | €1,188 | -€3,178 | -72.8% |
| Trade receivables | 40 | €2,360 | - | -€2,360 | |
| Other amounts receivable | 41 | €2,006 | €1,188 | -€819 | -40.8% |
| Cash at bank and in hand | 54/58 | €1,376 | €12,346 | +€10,970 | +797.3% |
| Deferred charges and accrued income | 490/1 | €50 | €700 | +€650 | +1298.9% |
| Total equity and liabilities | 10/49 | €9,431 | €16,631 | +€7,200 | +76.3% |
| Equity | 10/15 | -€5,717 | €5,383 | +€11,100 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €51 | €51 | = | 0.0% |
| Distributable reserves | 133 | €51 | €51 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,968 | -€868 | +€11,100 | +92.7% |
| Amounts payable | 17/49 | €15,148 | €11,248 | -€3,901 | -25.7% |
| Amounts payable within one year | 42/48 | €15,148 | €11,248 | -€3,901 | -25.7% |
| Financial debts | 43 | €20 | €17 | -€2 | -10.8% |
| Credit institutions | 430/8 | €20 | €17 | -€2 | -10.8% |
| Trade debts | 44 | €540 | €530 | -€10 | -1.9% |
| Suppliers | 440/4 | €540 | €530 | -€10 | -1.9% |
| Other amounts payable | 47/48 | €14,589 | €10,700 | -€3,888 | -26.7% |
| Non-recurring operating income | 76A | €2 | - | -€2 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €820 | €1,242 | +€422 | +51.4% |
| Other operating charges | 640/8 | €446 | €752 | +€306 | +68.7% |
| Gross operating margin | 9900 | -€1,381 | €17,936 | +€19,318 | |
| Operating profit (loss) | 9901 | -€2,647 | €15,942 | +€18,589 | |
| Financial charges | 65/66B | €110 | €248 | +€138 | +125.3% |
| Recurring financial charges | 65 | €110 | €248 | +€138 | +125.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,757 | €15,695 | +€18,452 | |
| Income taxes | 67/77 | €19 | €4,594 | +€4,576 | +24680.8% |
| Profit (loss) for the period | 9904 | -€2,776 | €11,100 | +€13,876 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,776 | €11,100 | +€13,876 |
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 11 October 2026 via checked.be.