INNOVELA: 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.
INNOVELA
Largest movements
- Receivables within one year +€26,353
up €26,353 (+45.6%), from €57,781 to €84,133
of which Other amounts receivable: +€17,620
- Cash -€24,074
down €24,074 (-14.3%), from €168,029 to €143,955
mainly Receivables within one year (-€26,353) and Accrued charges and deferred income (-€20,117)
- Tangible fixed assets -€3,620
down €3,620 (-11.6%), from €31,308 to €27,688
of which Plant, machinery and equipment: -€4,568
- Accrued charges and deferred income -€20,117
down €20,117 (-64.2%), from €31,333 to €11,215
- Profit (loss) carried forward +€16,044
up €16,044 (+7.4%), from €216,997 to €233,041
- Tax, wage and social debts +€3,735
up €3,735, from €0 to €3,735
- Gross operating margin +€44,430
up €44,430, from -€20,082 to €24,348
- Other operating charges +€1,990
up €1,990 (+217%), from €917 to €2,907
- Depreciation -€395
down €395 (-7.3%), from €5,418 to €5,024
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 | €269,737 | €268,614 | -€1,123 | -0.4% |
| Fixed assets | 21/28 | €31,308 | €27,688 | -€3,620 | -11.6% |
| Tangible fixed assets | 22/27 | €31,308 | €27,688 | -€3,620 | -11.6% |
| Plant, machinery and equipment | 23 | €30,991 | €26,422 | -€4,568 | -14.7% |
| Furniture and vehicles | 24 | €317 | €1,266 | +€949 | +299% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €238,429 | €240,926 | +€2,497 | +1.0% |
| Amounts receivable after more than one year | 29 | €12,309 | €12,486 | +€177 | +1.4% |
| Other amounts receivable | 291 | €12,309 | €12,486 | +€177 | +1.4% |
| Amounts receivable within one year | 40/41 | €57,781 | €84,133 | +€26,353 | +45.6% |
| Trade receivables | 40 | €44,782 | €53,514 | +€8,732 | +19.5% |
| Other amounts receivable | 41 | €12,999 | €30,619 | +€17,620 | +136% |
| Cash at bank and in hand | 54/58 | €168,029 | €143,955 | -€24,074 | -14.3% |
| Deferred charges and accrued income | 490/1 | €311 | €351 | +€41 | +13.0% |
| Total equity and liabilities | 10/49 | €269,737 | €268,614 | -€1,123 | -0.4% |
| Equity | 10/15 | €237,457 | €253,501 | +€16,044 | +6.8% |
| 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 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €216,997 | €233,041 | +€16,044 | +7.4% |
| Amounts payable | 17/49 | €32,280 | €15,113 | -€17,167 | -53.2% |
| Amounts payable within one year | 42/48 | €947 | €3,898 | +€2,951 | +311% |
| Trade debts | 44 | €506 | €164 | -€342 | -67.7% |
| Suppliers | 440/4 | €506 | €164 | -€342 | -67.7% |
| Taxes, remuneration and social security | 45 | €0 | €3,735 | +€3,735 | |
| Taxes | 450/3 | €0 | €3,735 | +€3,735 | |
| Other amounts payable | 47/48 | €442 | €0 | -€442 | -100% |
| Accrued charges and deferred income | 492/3 | €31,333 | €11,215 | -€20,117 | -64.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,418 | €5,024 | -€395 | -7.3% |
| Other operating charges | 640/8 | €917 | €2,907 | +€1,990 | +217% |
| Gross operating margin | 9900 | -€20,082 | €24,348 | +€44,430 | |
| Operating profit (loss) | 9901 | -€26,417 | €16,417 | +€42,835 | |
| Financial income | 75/76B | €175 | €315 | +€140 | +80.2% |
| Recurring financial income | 75 | €175 | €315 | +€140 | +80.2% |
| Financial charges | 65/66B | €156 | €86 | -€70 | -44.8% |
| Recurring financial charges | 65 | €156 | €86 | -€70 | -44.8% |
| Profit (loss) for the period before taxes | 9903 | -€26,398 | €16,646 | +€43,045 | |
| Income taxes | 67/77 | €624 | €602 | -€22 | -3.5% |
| Profit (loss) for the period | 9904 | -€27,022 | €16,044 | +€43,066 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,022 | €16,044 | +€43,066 |
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 13 October 2026 via checked.be.