Innovatrade: 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.
Innovatrade
Largest movements
- Cash -€53,190
down €53,190 (-74.2%), from €71,703 to €18,513
mainly Net result for the year (-€35,031) and Current investments (-€11,846)
- Current investments +€11,846
up €11,846 (+296%), from €4,000 to €15,846
- Receivables within one year +€1,047
up €1,047 (+11.7%), from €8,907 to €9,954
of which Trade receivables: +€5,572
- Profit (loss) carried forward -€35,031
down €35,031, from €8,100 to -€26,931
- Trade debts -€3,401
down €3,401 (-91.0%), from €3,738 to €337
- Other debts -€1,054
down €1,054 (-7.6%), from €13,800 to €12,746
- Gross operating margin -€54,912
down €54,912, from €21,631 to -€33,280
- Taxes -€5,742
down €5,742 (-97.8%), from €5,874 to €132
- Financial income +€900
new in 2025: €900
- Other operating charges +€720
up €720 (+97.3%), from €739 to €1,459
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 | €85,050 | €45,395 | -€39,655 | -46.6% |
| Fixed assets | 21/28 | €353 | €1,001 | +€648 | +183% |
| Tangible fixed assets | 22/27 | €353 | €1,001 | +€648 | +183% |
| Plant, machinery and equipment | 23 | - | €1,001 | +€1,001 | |
| Furniture and vehicles | 24 | €353 | - | -€353 | |
| Current assets | 29/58 | €84,697 | €44,394 | -€40,303 | -47.6% |
| Amounts receivable within one year | 40/41 | €8,907 | €9,954 | +€1,047 | +11.7% |
| Trade receivables | 40 | €4,108 | €9,680 | +€5,572 | +136% |
| Other amounts receivable | 41 | €4,799 | €274 | -€4,525 | -94.3% |
| Current investments | 50/53 | €4,000 | €15,846 | +€11,846 | +296% |
| Cash at bank and in hand | 54/58 | €71,703 | €18,513 | -€53,190 | -74.2% |
| Deferred charges and accrued income | 490/1 | €87 | €81 | -€5 | -6.3% |
| Total equity and liabilities | 10/49 | €85,050 | €45,395 | -€39,655 | -46.6% |
| Equity | 10/15 | €57,100 | €22,069 | -€35,031 | -61.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €48,000 | €48,000 | = | 0.0% |
| Distributable reserves | 133 | €48,000 | €48,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,100 | -€26,931 | -€35,031 | |
| Amounts payable | 17/49 | €27,951 | €23,327 | -€4,624 | -16.5% |
| Amounts payable within one year | 42/48 | €27,951 | €23,327 | -€4,624 | -16.5% |
| Trade debts | 44 | €3,738 | €337 | -€3,401 | -91.0% |
| Suppliers | 440/4 | €3,738 | €337 | -€3,401 | -91.0% |
| Taxes, remuneration and social security | 45 | €10,413 | €10,243 | -€170 | -1.6% |
| Taxes | 450/3 | €8,413 | €7,043 | -€1,370 | -16.3% |
| Remuneration and social security | 454/9 | €2,000 | €3,200 | +€1,200 | +60.0% |
| Other amounts payable | 47/48 | €13,800 | €12,746 | -€1,054 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €928 | €724 | -€204 | -21.9% |
| Other operating charges | 640/8 | €739 | €1,459 | +€720 | +97.3% |
| Gross operating margin | 9900 | €21,631 | -€33,280 | -€54,912 | |
| Operating profit (loss) | 9901 | €19,965 | -€35,463 | -€55,428 | |
| Financial income | 75/76B | - | €900 | +€900 | |
| Recurring financial income | 75 | - | €900 | +€900 | |
| Financial charges | 65/66B | €203 | €336 | +€134 | +66.0% |
| Recurring financial charges | 65 | €203 | €336 | +€134 | +66.0% |
| Profit (loss) for the period before taxes | 9903 | €19,762 | -€34,899 | -€54,661 | |
| Income taxes | 67/77 | €5,874 | €132 | -€5,742 | -97.8% |
| Profit (loss) for the period | 9904 | €13,889 | -€35,031 | -€48,920 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,889 | -€35,031 | -€48,920 |
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 31 October 2026 via checked.be.