InnovEnergie: what changed
InnovEnergie
Largest movements
- Receivables after one year -€8,400
down €8,400 (-78.5%), from €10,699 to €2,299
- Tangible fixed assets -€3,734
down €3,734 (-35.7%), from €10,445 to €6,712
- Receivables within one year +€1,369
up €1,369 (+32.9%), from €4,161 to €5,530
of which Trade receivables: +€1,090
- Cash +€843
up €843 (+83.9%), from €1,006 to €1,849
mainly Receivables after one year (+€8,400) and Depreciation (+€3,734)
- Profit (loss) carried forward -€10,419
down €10,419, from €8,962 to -€1,457
- Tax, wage and social debts +€3,683
up €3,683 (+342%), from €1,076 to €4,759
of which Remuneration and social security: +€3,129
- Current portion of long-term debt -€2,820
no longer reported in 2025 (was €2,820)
- Gross operating margin +€9,147
up €9,147 (+59.4%), from -€15,410 to -€6,263
- Depreciation -€1,597
down €1,597 (-30.0%), from €5,330 to €3,734
- Financial income -€408
down €408 (-100.0%), from €408 to €0
- Other operating charges -€405
no longer reported in 2025 (was €405)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,311 | €16,391 | -€9,921 | -37.7% |
| Fixed assets | 21/28 | €10,445 | €6,712 | -€3,734 | -35.7% |
| Tangible fixed assets | 22/27 | €10,445 | €6,712 | -€3,734 | -35.7% |
| Furniture and vehicles | 24 | €10,445 | €6,712 | -€3,734 | -35.7% |
| Current assets | 29/58 | €15,866 | €9,679 | -€6,187 | -39.0% |
| Amounts receivable after more than one year | 29 | €10,699 | €2,299 | -€8,400 | -78.5% |
| Other amounts receivable | 291 | €10,699 | €2,299 | -€8,400 | -78.5% |
| Amounts receivable within one year | 40/41 | €4,161 | €5,530 | +€1,369 | +32.9% |
| Trade receivables | 40 | €3,809 | €4,899 | +€1,090 | +28.6% |
| Other amounts receivable | 41 | €352 | €631 | +€280 | +79.5% |
| Cash at bank and in hand | 54/58 | €1,006 | €1,849 | +€843 | +83.9% |
| Total equity and liabilities | 10/49 | €26,311 | €16,391 | -€9,921 | -37.7% |
| Equity | 10/15 | €21,522 | €11,103 | -€10,419 | -48.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6,360 | €6,360 | = | 0.0% |
| Distributable reserves | 133 | €6,360 | €6,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,962 | -€1,457 | -€10,419 | |
| Amounts payable | 17/49 | €4,789 | €5,287 | +€498 | +10.4% |
| Amounts payable within one year | 42/48 | €4,789 | €5,287 | +€498 | +10.4% |
| Current portion of amounts payable after more than one year | 42 | €2,820 | - | -€2,820 | |
| Trade debts | 44 | €780 | €528 | -€252 | -32.3% |
| Suppliers | 440/4 | €780 | €528 | -€252 | -32.3% |
| Taxes, remuneration and social security | 45 | €1,076 | €4,759 | +€3,683 | +342% |
| Taxes | 450/3 | €561 | €1,114 | +€554 | +98.8% |
| Remuneration and social security | 454/9 | €516 | €3,645 | +€3,129 | +607% |
| Other amounts payable | 47/48 | €113 | - | -€113 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,330 | €3,734 | -€1,597 | -30.0% |
| Other operating charges | 640/8 | €405 | - | -€405 | |
| Gross operating margin | 9900 | -€15,410 | -€6,263 | +€9,147 | +59.4% |
| Operating profit (loss) | 9901 | -€21,146 | -€9,997 | +€11,149 | +52.7% |
| Financial income | 75/76B | €408 | €0 | -€408 | -100.0% |
| Recurring financial income | 75 | €408 | €0 | -€408 | -100.0% |
| Financial charges | 65/66B | €242 | €255 | +€13 | +5.5% |
| Recurring financial charges | 65 | €242 | €255 | +€13 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | -€20,980 | -€10,252 | +€10,728 | +51.1% |
| Income taxes | 67/77 | €163 | €167 | +€4 | +2.4% |
| Profit (loss) for the period | 9904 | -€21,143 | -€10,419 | +€10,724 | +50.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,143 | -€10,419 | +€10,724 | +50.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.