INNOVATIONS ET DIFFUSION: 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.
INNOVATIONS ET DIFFUSION
Largest movements
- Receivables within one year -€65,753
down €65,753 (-40.8%), from €161,255 to €95,502
of which Trade receivables: -€64,478
- Cash +€40,579
up €40,579 (+41.7%), from €97,268 to €137,846
mainly Receivables within one year (+€65,753) and Net result for the year (+€34,909)
- Tangible fixed assets -€11,454
down €11,454 (-37.5%), from €30,527 to €19,073
of which Furniture and vehicles: -€9,704
- Accrued charges and deferred income -€89,560
down €89,560 (-59.2%), from €151,177 to €61,617
- Profit (loss) carried forward +€34,909
up €34,909 (+41.1%), from €84,975 to €119,884
- Trade debts +€18,177
up €18,177 (+63.9%), from €28,451 to €46,629
- Write-downs -€38,581
down €38,581, from €7,642 to -€30,939
- Gross operating margin -€37,893
down €37,893 (-38.5%), from €98,455 to €60,562
- Staff costs +€27,545
new in 2025: €27,545
- Taxes -€5,702
down €5,702 (-34.6%), from €16,456 to €10,754
- Other operating charges -€1,042
down €1,042 (-27.1%), from €3,839 to €2,798
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 | €299,789 | €263,432 | -€36,356 | -12.1% |
| Fixed assets | 21/28 | €38,037 | €26,583 | -€11,454 | -30.1% |
| Tangible fixed assets | 22/27 | €30,527 | €19,073 | -€11,454 | -37.5% |
| Plant, machinery and equipment | 23 | €4,079 | €2,330 | -€1,749 | -42.9% |
| Furniture and vehicles | 24 | €26,448 | €16,744 | -€9,704 | -36.7% |
| Financial fixed assets | 28 | €7,510 | €7,510 | = | 0.0% |
| Current assets | 29/58 | €261,752 | €236,849 | -€24,903 | -9.5% |
| Amounts receivable within one year | 40/41 | €161,255 | €95,502 | -€65,753 | -40.8% |
| Trade receivables | 40 | €134,428 | €69,951 | -€64,478 | -48.0% |
| Other amounts receivable | 41 | €26,826 | €25,552 | -€1,275 | -4.8% |
| Cash at bank and in hand | 54/58 | €97,268 | €137,846 | +€40,579 | +41.7% |
| Deferred charges and accrued income | 490/1 | €3,229 | €3,501 | +€271 | +8.4% |
| Total equity and liabilities | 10/49 | €299,789 | €263,432 | -€36,356 | -12.1% |
| Equity | 10/15 | €105,426 | €140,335 | +€34,909 | +33.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Outside capital | 11 | €18,592 | - | -€18,592 | |
| Other | 1109/19 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,975 | €119,884 | +€34,909 | +41.1% |
| Amounts payable | 17/49 | €194,362 | €123,097 | -€71,265 | -36.7% |
| Amounts payable within one year | 42/48 | €43,185 | €61,480 | +€18,295 | +42.4% |
| Financial debts | 43 | €90 | €0 | -€90 | -100.0% |
| Credit institutions | 430/8 | €90 | €0 | -€90 | -100.0% |
| Trade debts | 44 | €28,451 | €46,629 | +€18,177 | +63.9% |
| Suppliers | 440/4 | €28,451 | €46,629 | +€18,177 | +63.9% |
| Taxes, remuneration and social security | 45 | €12,844 | €12,435 | -€409 | -3.2% |
| Taxes | 450/3 | €10,524 | €7,803 | -€2,721 | -25.9% |
| Remuneration and social security | 454/9 | €2,320 | €4,632 | +€2,312 | +99.7% |
| Other amounts payable | 47/48 | €1,800 | €2,416 | +€616 | +34.2% |
| Accrued charges and deferred income | 492/3 | €151,177 | €61,617 | -€89,560 | -59.2% |
| Non-recurring operating income | 76A | €6,660 | - | -€6,660 | |
| Remuneration, social security and pensions | 62 | - | €27,545 | +€27,545 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,743 | €15,380 | -€363 | -2.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,642 | -€30,939 | -€38,581 | |
| Other operating charges | 640/8 | €3,839 | €2,798 | -€1,042 | -27.1% |
| Non-recurring operating charges | 66A | €962 | - | -€962 | |
| Gross operating margin | 9900 | €98,455 | €60,562 | -€37,893 | -38.5% |
| Operating profit (loss) | 9901 | €70,268 | €45,778 | -€24,490 | -34.9% |
| Financial income | 75/76B | €253 | €590 | +€337 | +133.0% |
| Recurring financial income | 75 | €253 | €590 | +€337 | +133.0% |
| Financial charges | 65/66B | €1,079 | €706 | -€373 | -34.5% |
| Recurring financial charges | 65 | €1,079 | €706 | -€373 | -34.5% |
| Profit (loss) for the period before taxes | 9903 | €69,443 | €45,662 | -€23,780 | -34.2% |
| Income taxes | 67/77 | €16,456 | €10,754 | -€5,702 | -34.6% |
| Profit (loss) for the period | 9904 | €52,987 | €34,909 | -€18,078 | -34.1% |
| Profit (loss) for the period to be appropriated | 9905 | €52,987 | €34,909 | -€18,078 | -34.1% |
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.