INNOVENTURE: 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.
INNOVENTURE
Largest movements
- Cash +€121,290
up €121,290 (+84.1%), from €144,142 to €265,432
mainly Net result for the year (+€102,375) and Tax, wage and social debts (+€18,486)
- Receivables within one year -€12,324
no longer reported in 2025 (was €12,324)
of which Trade receivables: -€10,581
- Reserves +€102,375
up €102,375 (+82.3%), from €124,449 to €226,824
- Tax, wage and social debts +€18,486
up €18,486 (+144.4%), from €12,806 to €31,292
- Trade debts -€11,314
down €11,314 (-61.2%), from €18,496 to €7,182
- Gross operating margin +€33,402
up €33,402 (+28.9%), from €115,466 to €148,868
- Taxes +€10,189
up €10,189 (+32.5%), from €31,344 to €41,533
- Depreciation +€1,707
up €1,707 (+55.0%), from €3,101 to €4,808
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 | €163,741 | €273,676 | +€109,935 | +67.1% |
| Fixed assets | 21/28 | €7,275 | €8,244 | +€969 | +13.3% |
| Tangible fixed assets | 22/27 | €7,275 | €8,244 | +€969 | +13.3% |
| Plant, machinery and equipment | 23 | €5,414 | €5,384 | -€31 | -0.6% |
| Furniture and vehicles | 24 | €1,860 | €2,860 | +€1,000 | +53.8% |
| Current assets | 29/58 | €156,466 | €265,432 | +€108,966 | +69.6% |
| Amounts receivable within one year | 40/41 | €12,324 | - | -€12,324 | |
| Trade receivables | 40 | €10,581 | - | -€10,581 | |
| Other amounts receivable | 41 | €1,743 | - | -€1,743 | |
| Cash at bank and in hand | 54/58 | €144,142 | €265,432 | +€121,290 | +84.1% |
| Total equity and liabilities | 10/49 | €163,741 | €273,676 | +€109,935 | +67.1% |
| Equity | 10/15 | €127,799 | €230,174 | +€102,375 | +80.1% |
| Contributions | 10/11 | €3,350 | €3,350 | = | 0.0% |
| Reserves | 13 | €124,449 | €226,824 | +€102,375 | +82.3% |
| Distributable reserves | 133 | €124,449 | €226,824 | +€102,375 | +82.3% |
| Amounts payable | 17/49 | €35,941 | €43,501 | +€7,560 | +21.0% |
| Amounts payable within one year | 42/48 | €35,941 | €43,501 | +€7,560 | +21.0% |
| Trade debts | 44 | €18,496 | €7,182 | -€11,314 | -61.2% |
| Suppliers | 440/4 | €18,496 | €7,182 | -€11,314 | -61.2% |
| Taxes, remuneration and social security | 45 | €12,806 | €31,292 | +€18,486 | +144.4% |
| Taxes | 450/3 | €12,806 | €31,292 | +€18,486 | +144.4% |
| Other amounts payable | 47/48 | €4,639 | €5,028 | +€388 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,101 | €4,808 | +€1,707 | +55.0% |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €115,466 | €148,868 | +€33,402 | +28.9% |
| Operating profit (loss) | 9901 | €112,303 | €143,998 | +€31,695 | +28.2% |
| Financial charges | 65/66B | €91 | €90 | -€1 | -0.8% |
| Recurring financial charges | 65 | €91 | €90 | -€1 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €112,212 | €143,908 | +€31,696 | +28.2% |
| Income taxes | 67/77 | €31,344 | €41,533 | +€10,189 | +32.5% |
| Profit (loss) for the period | 9904 | €80,868 | €102,375 | +€21,507 | +26.6% |
| Profit (loss) for the period to be appropriated | 9905 | €80,868 | €102,375 | +€21,507 | +26.6% |
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 9 October 2026 via checked.be.