INNOVATIVE TRAINING & SOFTWARE EXPERTISE: 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.
INNOVATIVE TRAINING & SOFTWARE EXPERTISE
Largest movements
- Cash -€8,061
down €8,061 (-50.2%), from €16,044 to €7,983
mainly Investment in fixed assets (net) (-€5,604) and Other debts (-€4,297)
- Tangible fixed assets +€4,473
up €4,473 (+215.3%), from €2,078 to €6,551
of which Other tangible fixed assets: +€3,610
- Receivables within one year -€3,839
down €3,839 (-45.1%), from €8,514 to €4,675
of which Trade receivables: -€2,180
- Other debts -€4,297
down €4,297 (-69.7%), from €6,163 to €1,866
- Profit (loss) carried forward -€3,130
down €3,130, from €13 to -€3,117
- Gross operating margin -€535
down €535 (-52.3%), from -€1,022 to -€1,557
- Financial income +€42
up €42 (+155.6%), from €27 to €69
- Depreciation +€36
up €36 (+3.3%), from €1,095 to €1,131
- Financial charges +€26
up €26 (+26.5%), from €98 to €124
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 | €26,636 | €19,209 | -€7,427 | -27.9% |
| Fixed assets | 21/28 | €2,078 | €6,551 | +€4,473 | +215.3% |
| Tangible fixed assets | 22/27 | €2,078 | €6,551 | +€4,473 | +215.3% |
| Plant, machinery and equipment | 23 | €2,078 | €2,941 | +€863 | +41.5% |
| Other tangible fixed assets | 26 | - | €3,610 | +€3,610 | |
| Current assets | 29/58 | €24,558 | €12,658 | -€11,900 | -48.5% |
| Amounts receivable within one year | 40/41 | €8,514 | €4,675 | -€3,839 | -45.1% |
| Trade receivables | 40 | €5,920 | €3,740 | -€2,180 | -36.8% |
| Other amounts receivable | 41 | €2,594 | €935 | -€1,659 | -64.0% |
| Cash at bank and in hand | 54/58 | €16,044 | €7,983 | -€8,061 | -50.2% |
| Total equity and liabilities | 10/49 | €26,636 | €19,209 | -€7,427 | -27.9% |
| Equity | 10/15 | €20,473 | €17,343 | -€3,130 | -15.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Other | 1319 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €13 | -€3,117 | -€3,130 | |
| Amounts payable | 17/49 | €6,163 | €1,866 | -€4,297 | -69.7% |
| Amounts payable within one year | 42/48 | €6,163 | €1,866 | -€4,297 | -69.7% |
| Other amounts payable | 47/48 | €6,163 | €1,866 | -€4,297 | -69.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,095 | €1,131 | +€36 | +3.3% |
| Other operating charges | 640/8 | €388 | €387 | -€1 | -0.3% |
| Gross operating margin | 9900 | -€1,022 | -€1,557 | -€535 | -52.3% |
| Operating profit (loss) | 9901 | -€2,505 | -€3,075 | -€570 | -22.8% |
| Financial income | 75/76B | €27 | €69 | +€42 | +155.6% |
| Recurring financial income | 75 | €27 | €69 | +€42 | +155.6% |
| Financial charges | 65/66B | €98 | €124 | +€26 | +26.5% |
| Recurring financial charges | 65 | €98 | €124 | +€26 | +26.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,576 | -€3,130 | -€554 | -21.5% |
| Profit (loss) for the period | 9904 | -€2,576 | -€3,130 | -€554 | -21.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,576 | -€3,130 | -€554 | -21.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.