Innove: 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.
Innove
Largest movements
- Cash +€3,929
up €3,929 (+13.8%), from €28,434 to €32,364
mainly Net result for the year (+€4,675) and Receivables within one year (+€2,413)
- Receivables within one year -€2,413
down €2,413 (-27.8%), from €8,685 to €6,272
of which Trade receivables: -€1,373
- Tangible fixed assets -€607
down €607 (-31.0%), from €1,958 to €1,351
- Reserves +€4,675
up €4,675 (+50.9%), from €9,191 to €13,867
- Other debts -€4,441
down €4,441 (-55.5%), from €7,996 to €3,554
- Tax, wage and social debts +€472
up €472 (+39.7%), from €1,188 to €1,659
- Gross operating margin -€4,012
down €4,012 (-33.8%), from €11,880 to €7,868
- Taxes +€178
up €178 (+10.0%), from €1,788 to €1,966
- Other operating charges -€136
down €136 (-20.9%), from €652 to €516
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 | €39,382 | €40,371 | +€990 | +2.5% |
| Fixed assets | 21/28 | €1,958 | €1,351 | -€607 | -31.0% |
| Tangible fixed assets | 22/27 | €1,958 | €1,351 | -€607 | -31.0% |
| Furniture and vehicles | 24 | €1,958 | €1,351 | -€607 | -31.0% |
| Current assets | 29/58 | €37,424 | €39,020 | +€1,597 | +4.3% |
| Amounts receivable within one year | 40/41 | €8,685 | €6,272 | -€2,413 | -27.8% |
| Trade receivables | 40 | €7,610 | €6,237 | -€1,373 | -18.0% |
| Other amounts receivable | 41 | €1,075 | €34 | -€1,040 | -96.8% |
| Cash at bank and in hand | 54/58 | €28,434 | €32,364 | +€3,929 | +13.8% |
| Deferred charges and accrued income | 490/1 | €304 | €385 | +€81 | +26.5% |
| Total equity and liabilities | 10/49 | €39,382 | €40,371 | +€990 | +2.5% |
| Equity | 10/15 | €27,791 | €32,467 | +€4,675 | +16.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,191 | €13,867 | +€4,675 | +50.9% |
| Distributable reserves | 133 | €9,191 | €13,867 | +€4,675 | +50.9% |
| Amounts payable | 17/49 | €11,590 | €7,905 | -€3,686 | -31.8% |
| Amounts payable within one year | 42/48 | €11,114 | €7,481 | -€3,633 | -32.7% |
| Trade debts | 44 | €1,931 | €2,267 | +€336 | +17.4% |
| Suppliers | 440/4 | €1,931 | €2,267 | +€336 | +17.4% |
| Taxes, remuneration and social security | 45 | €1,188 | €1,659 | +€472 | +39.7% |
| Taxes | 450/3 | €1,188 | €1,659 | +€472 | +39.7% |
| Other amounts payable | 47/48 | €7,996 | €3,554 | -€4,441 | -55.5% |
| Accrued charges and deferred income | 492/3 | €476 | €424 | -€52 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €607 | €607 | = | 0.0% |
| Other operating charges | 640/8 | €652 | €516 | -€136 | -20.9% |
| Gross operating margin | 9900 | €11,880 | €7,868 | -€4,012 | -33.8% |
| Operating profit (loss) | 9901 | €10,620 | €6,744 | -€3,876 | -36.5% |
| Financial income | 75/76B | €0 | €19 | +€19 | +19,300% |
| Recurring financial income | 75 | €0 | €19 | +€19 | +19,300% |
| Financial charges | 65/66B | €42 | €123 | +€81 | +192% |
| Recurring financial charges | 65 | €42 | €123 | +€81 | +192% |
| Profit (loss) for the period before taxes | 9903 | €10,579 | €6,641 | -€3,938 | -37.2% |
| Income taxes | 67/77 | €1,788 | €1,966 | +€178 | +10.0% |
| Profit (loss) for the period | 9904 | €8,791 | €4,675 | -€4,115 | -46.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,791 | €4,675 | -€4,115 | -46.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.