INNOVATIVE SOLUTIONS: 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.
INNOVATIVE SOLUTIONS
Largest movements
- Receivables within one year -€224,601
down €224,601 (-23.2%), from €969,072 to €744,471
of which Trade receivables: -€224,601
- Financial fixed assets +€110,000
up €110,000 (+4,400%), from €2,500 to €112,500
- Receivables after one year +€59,509
new in 2025: €59,509
- Cash +€20,736
up €20,736 (+142%), from €14,610 to €35,346
mainly Receivables within one year (+€224,601) and Current portion of long-term debt (+€82,222)
- Advances received -€172,584
down €172,584 (-66.3%), from €260,215 to €87,631
- Current portion of long-term debt +€82,222
new in 2025: €82,222
- Tax, wage and social debts +€45,366
up €45,366 (+139%), from €32,748 to €78,114
of which Taxes: +€46,106
- Short-term financial debts -€33,848
no longer reported in 2025 (was €33,848)
- Profit (loss) carried forward +€31,540
up €31,540 (+50.8%), from €62,069 to €93,609
- Gross operating margin +€33,669
up €33,669 (+34.0%), from €99,135 to €132,804
- Other operating charges +€11,955
up €11,955 (+809%), from €1,478 to €13,434
- Taxes +€10,917
up €10,917 (+81.1%), from €13,455 to €24,372
- Staff costs -€7,439
down €7,439 (-15.7%), from €47,315 to €39,876
- Financial income +€3,075
up €3,075 (+327%), from €940 to €4,015
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 | €1,002,333 | €969,762 | -€32,571 | -3.2% |
| Fixed assets | 21/28 | €16,398 | €126,969 | +€110,571 | +674% |
| Tangible fixed assets | 22/27 | €13,898 | €14,469 | +€571 | +4.1% |
| Plant, machinery and equipment | 23 | €3,115 | €2,265 | -€850 | -27.3% |
| Furniture and vehicles | 24 | €8,899 | €10,520 | +€1,622 | +18.2% |
| Leasing and similar rights | 25 | €1,884 | €1,684 | -€200 | -10.6% |
| Financial fixed assets | 28 | €2,500 | €112,500 | +€110,000 | +4,400% |
| Current assets | 29/58 | €985,935 | €842,793 | -€143,142 | -14.5% |
| Amounts receivable after more than one year | 29 | - | €59,509 | +€59,509 | |
| Trade receivables | 290 | - | €59,509 | +€59,509 | |
| Amounts receivable within one year | 40/41 | €969,072 | €744,471 | -€224,601 | -23.2% |
| Trade receivables | 40 | €968,072 | €743,471 | -€224,601 | -23.2% |
| Other amounts receivable | 41 | €1,000 | €1,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €14,610 | €35,346 | +€20,736 | +142% |
| Deferred charges and accrued income | 490/1 | €2,253 | €3,467 | +€1,214 | +53.9% |
| Total equity and liabilities | 10/49 | €1,002,333 | €969,762 | -€32,571 | -3.2% |
| Equity | 10/15 | €84,162 | €115,702 | +€31,540 | +37.5% |
| Reserves | 13 | €22,094 | €22,094 | = | 0.0% |
| Distributable reserves | 133 | €22,094 | €22,094 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,069 | €93,609 | +€31,540 | +50.8% |
| Amounts payable | 17/49 | €918,170 | €854,060 | -€64,111 | -7.0% |
| Amounts payable after more than one year | 17 | - | €8,333 | +€8,333 | |
| Financial debts | 170/4 | - | €8,333 | +€8,333 | |
| Amounts payable within one year | 42/48 | €918,170 | €845,726 | -€72,444 | -7.9% |
| Current portion of amounts payable after more than one year | 42 | - | €82,222 | +€82,222 | |
| Financial debts | 43 | €33,848 | - | -€33,848 | |
| Credit institutions | 430/8 | €33,848 | - | -€33,848 | |
| Trade debts | 44 | €537,777 | €549,792 | +€12,015 | +2.2% |
| Suppliers | 440/4 | €537,777 | €549,792 | +€12,015 | +2.2% |
| Advances received on contracts in progress | 46 | €260,215 | €87,631 | -€172,584 | -66.3% |
| Taxes, remuneration and social security | 45 | €32,748 | €78,114 | +€45,366 | +139% |
| Taxes | 450/3 | €27,675 | €73,781 | +€46,106 | +167% |
| Remuneration and social security | 454/9 | €5,073 | €4,333 | -€740 | -14.6% |
| Other amounts payable | 47/48 | €53,583 | €47,967 | -€5,615 | -10.5% |
| Remuneration, social security and pensions | 62 | €47,315 | €39,876 | -€7,439 | -15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,885 | €7,789 | -€96 | -1.2% |
| Other operating charges | 640/8 | €1,478 | €13,434 | +€11,955 | +809% |
| Gross operating margin | 9900 | €99,135 | €132,804 | +€33,669 | +34.0% |
| Operating profit (loss) | 9901 | €42,456 | €71,705 | +€29,249 | +68.9% |
| Financial income | 75/76B | €940 | €4,015 | +€3,075 | +327% |
| Recurring financial income | 75 | €940 | €4,015 | +€3,075 | +327% |
| Financial charges | 65/66B | €18,380 | €19,808 | +€1,427 | +7.8% |
| Recurring financial charges | 65 | €18,380 | €19,808 | +€1,427 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | €25,015 | €55,912 | +€30,897 | +124% |
| Income taxes | 67/77 | €13,455 | €24,372 | +€10,917 | +81.1% |
| Profit (loss) for the period | 9904 | €11,560 | €31,540 | +€19,980 | +173% |
| Profit (loss) for the period to be appropriated | 9905 | €11,560 | €31,540 | +€19,980 | +173% |
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 17 October 2026 via checked.be.