INNOVENSO: 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.
INNOVENSO
Largest movements
- Receivables within one year -€46,092
down €46,092 (-29.5%), from €156,366 to €110,274
of which Trade receivables: -€41,861
- Tangible fixed assets -€15,087
down €15,087 (-28.9%), from €52,236 to €37,149
of which Leasing and similar rights: -€14,928
- Financial fixed assets +€12,000
up €12,000 (+3,000%), from €400 to €12,400
- Trade debts -€52,853
down €52,853 (-43.0%), from €122,780 to €69,927
- Tax, wage and social debts +€15,050
up €15,050 (+51.4%), from €29,274 to €44,324
of which Remuneration and social security: +€9,073
- Debts after one year -€13,360
down €13,360 (-74.8%), from €17,862 to €4,502
- Reserves +€2,988
up €2,988 (+6.3%), from €47,515 to €50,503
- Staff costs +€3,440
up €3,440 (+8.4%), from €40,934 to €44,374
- Gross operating margin +€2,568
up €2,568 (+3.4%), from €76,332 to €78,900
- Depreciation -€1,461
down €1,461 (-5.7%), from €25,520 to €24,058
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 | €258,429 | €210,458 | -€47,971 | -18.6% |
| Formation expenses | 20 | €281 | €0 | -€281 | -100% |
| Fixed assets | 21/28 | €53,592 | €50,505 | -€3,087 | -5.8% |
| Intangible fixed assets | 21 | €956 | €956 | = | 0.0% |
| Tangible fixed assets | 22/27 | €52,236 | €37,149 | -€15,087 | -28.9% |
| Plant, machinery and equipment | 23 | €10,722 | €6,626 | -€4,096 | -38.2% |
| Furniture and vehicles | 24 | €5,932 | €2,848 | -€3,084 | -52.0% |
| Leasing and similar rights | 25 | €35,582 | €20,654 | -€14,928 | -42.0% |
| Other tangible fixed assets | 26 | - | €7,021 | +€7,021 | |
| Financial fixed assets | 28 | €400 | €12,400 | +€12,000 | +3,000% |
| Current assets | 29/58 | €204,557 | €159,953 | -€44,603 | -21.8% |
| Amounts receivable within one year | 40/41 | €156,366 | €110,274 | -€46,092 | -29.5% |
| Trade receivables | 40 | €139,965 | €98,104 | -€41,861 | -29.9% |
| Other amounts receivable | 41 | €16,401 | €12,170 | -€4,231 | -25.8% |
| Cash at bank and in hand | 54/58 | €30,925 | €31,688 | +€763 | +2.5% |
| Deferred charges and accrued income | 490/1 | €17,266 | €17,991 | +€726 | +4.2% |
| Total equity and liabilities | 10/49 | €258,429 | €210,458 | -€47,971 | -18.6% |
| Equity | 10/15 | €74,254 | €77,241 | +€2,988 | +4.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €47,515 | €50,503 | +€2,988 | +6.3% |
| Distributable reserves | 133 | €47,515 | €50,503 | +€2,988 | +6.3% |
| Profit (loss) carried forward | 14 | €25,739 | €25,739 | = | 0.0% |
| Amounts payable | 17/49 | €184,176 | €133,217 | -€50,959 | -27.7% |
| Amounts payable after more than one year | 17 | €17,862 | €4,502 | -€13,360 | -74.8% |
| Financial debts | 170/4 | €17,862 | €4,502 | -€13,360 | -74.8% |
| Amounts payable within one year | 42/48 | €166,314 | €128,715 | -€37,599 | -22.6% |
| Current portion of amounts payable after more than one year | 42 | €13,143 | €13,360 | +€217 | +1.6% |
| Financial debts | 43 | €12 | - | -€12 | |
| Credit institutions | 430/8 | €12 | - | -€12 | |
| Trade debts | 44 | €122,780 | €69,927 | -€52,853 | -43.0% |
| Suppliers | 440/4 | €122,780 | €69,927 | -€52,853 | -43.0% |
| Taxes, remuneration and social security | 45 | €29,274 | €44,324 | +€15,050 | +51.4% |
| Taxes | 450/3 | €24,634 | €30,611 | +€5,977 | +24.3% |
| Remuneration and social security | 454/9 | €4,640 | €13,713 | +€9,073 | +196% |
| Other amounts payable | 47/48 | €1,105 | €1,105 | = | 0.0% |
| Non-recurring operating income | 76A | €943 | - | -€943 | |
| Remuneration, social security and pensions | 62 | €40,934 | €44,374 | +€3,440 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,520 | €24,058 | -€1,461 | -5.7% |
| Other operating charges | 640/8 | €2,180 | €2,155 | -€25 | -1.1% |
| Gross operating margin | 9900 | €76,332 | €78,900 | +€2,568 | +3.4% |
| Operating profit (loss) | 9901 | €7,699 | €8,313 | +€614 | +8.0% |
| Financial income | 75/76B | €1,320 | €1,577 | +€257 | +19.5% |
| Recurring financial income | 75 | €1,320 | €1,577 | +€257 | +19.5% |
| Financial charges | 65/66B | €1,057 | €702 | -€356 | -33.6% |
| Recurring financial charges | 65 | €1,057 | €702 | -€356 | -33.6% |
| Profit (loss) for the period before taxes | 9903 | €7,961 | €9,188 | +€1,227 | +15.4% |
| Income taxes | 67/77 | €5,677 | €6,200 | +€523 | +9.2% |
| Profit (loss) for the period | 9904 | €2,284 | €2,988 | +€703 | +30.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,284 | €2,988 | +€703 | +30.8% |
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 13 October 2026 via checked.be.