INNOVAUTO: 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.
INNOVAUTO
Largest movements
- Cash -€73,276
down €73,276 (-83.5%), from €87,710 to €14,434
mainly Net result for the year (-€104,309) and Debts after one year (-€87,414)
- Tangible fixed assets -€57,498
down €57,498 (-21.9%), from €262,174 to €204,676
of which Plant, machinery and equipment: -€44,790
- Stocks and contracts +€11,703
up €11,703 (+26.1%), from €44,908 to €56,611
- Profit (loss) carried forward -€92,170
new in 2025: -€92,170
- Debts after one year -€87,414
no longer reported in 2025 (was €87,414)
- Other debts +€83,242
new in 2025: €83,242
- Reserves -€12,140
down €12,140 (-4.5%), from €272,758 to €260,618
of which Tax-exempt reserves: -€12,140
- Gross operating margin -€101,145
down €101,145, from €82,266 to -€18,878
- Depreciation +€6,313
up €6,313 (+9.1%), from €69,141 to €75,454
- Financial charges +€5,642
up €5,642 (+1944.0%), from €290 to €5,932
- Taxes -€1,575
down €1,575 (-89.9%), from €1,753 to €178
- Financial income -€1,203
down €1,203 (-85.9%), from €1,401 to €198
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 | €398,121 | €284,271 | -€113,849 | -28.6% |
| Fixed assets | 21/28 | €262,874 | €205,376 | -€57,498 | -21.9% |
| Tangible fixed assets | 22/27 | €262,174 | €204,676 | -€57,498 | -21.9% |
| Land and buildings | 22 | €153,896 | €135,563 | -€18,333 | -11.9% |
| Plant, machinery and equipment | 23 | €100,744 | €55,955 | -€44,790 | -44.5% |
| Furniture and vehicles | 24 | €7,534 | €13,159 | +€5,625 | +74.7% |
| Financial fixed assets | 28 | €700 | €700 | = | 0.0% |
| Current assets | 29/58 | €135,247 | €78,895 | -€56,352 | -41.7% |
| Stocks and contracts in progress | 3 | €44,908 | €56,611 | +€11,703 | +26.1% |
| Stocks | 30/36 | €44,908 | €56,611 | +€11,703 | +26.1% |
| Amounts receivable within one year | 40/41 | €2,042 | €5,793 | +€3,751 | +183.7% |
| Trade receivables | 40 | €867 | €629 | -€238 | -27.4% |
| Other amounts receivable | 41 | €1,175 | €5,164 | +€3,989 | +339.5% |
| Cash at bank and in hand | 54/58 | €87,710 | €14,434 | -€73,276 | -83.5% |
| Deferred charges and accrued income | 490/1 | €586 | €2,057 | +€1,471 | +251.0% |
| Total equity and liabilities | 10/49 | €398,121 | €284,271 | -€113,849 | -28.6% |
| Equity | 10/15 | €291,758 | €187,448 | -€104,309 | -35.8% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €272,758 | €260,618 | -€12,140 | -4.5% |
| Non-distributable reserves | 130/1 | €3,842 | €3,842 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,842 | €3,842 | = | 0.0% |
| Tax-exempt reserves | 132 | €58,788 | €46,649 | -€12,140 | -20.6% |
| Distributable reserves | 133 | €210,127 | €210,127 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€92,170 | -€92,170 | |
| Provisions and deferred taxes | 16 | €14,557 | €11,522 | -€3,035 | -20.8% |
| Deferred taxes | 168 | €14,557 | €11,522 | -€3,035 | -20.8% |
| Amounts payable | 17/49 | €91,806 | €85,301 | -€6,505 | -7.1% |
| Amounts payable after more than one year | 17 | €87,414 | - | -€87,414 | |
| Other amounts payable | 178/9 | €87,414 | - | -€87,414 | |
| Amounts payable within one year | 42/48 | €4,393 | €85,301 | +€80,909 | +1841.9% |
| Trade debts | 44 | €241 | €191 | -€50 | -20.6% |
| Suppliers | 440/4 | €241 | €191 | -€50 | -20.6% |
| Taxes, remuneration and social security | 45 | €4,152 | €1,868 | -€2,284 | -55.0% |
| Taxes | 450/3 | €4,152 | €1,868 | -€2,284 | -55.0% |
| Other amounts payable | 47/48 | - | €83,242 | +€83,242 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,141 | €75,454 | +€6,313 | +9.1% |
| Other operating charges | 640/8 | €6,780 | €7,100 | +€320 | +4.7% |
| Gross operating margin | 9900 | €82,266 | -€18,878 | -€101,145 | |
| Operating profit (loss) | 9901 | €6,345 | -€101,432 | -€107,777 | |
| Financial income | 75/76B | €1,401 | €198 | -€1,203 | -85.9% |
| Recurring financial income | 75 | €1,401 | €198 | -€1,203 | -85.9% |
| Financial charges | 65/66B | €290 | €5,932 | +€5,642 | +1944.0% |
| Recurring financial charges | 65 | €290 | €5,932 | +€5,642 | +1944.0% |
| Profit (loss) for the period before taxes | 9903 | €7,456 | -€107,166 | -€114,622 | |
| Transfer from deferred taxes | 780 | €3,035 | €3,035 | -€0 | 0.0% |
| Income taxes | 67/77 | €1,753 | €178 | -€1,575 | -89.9% |
| Profit (loss) for the period | 9904 | €8,738 | -€104,309 | -€113,047 | |
| Transfer from tax-exempt reserves | 789 | €12,140 | €12,140 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,878 | -€92,170 | -€113,047 |
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 5 October 2026 via checked.be.