Innovic: what changed
Two fiscal 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.
Innovic
Largest movements
- Cash +€47,292
up €47,292 (+115.5%), from €40,951 to €88,242
mainly Net result for the year (+€40,889) and Tax, wage and social debts (+€13,452)
- Tangible fixed assets -€4,027
down €4,027 (-33.9%), from €11,872 to €7,845
of which Furniture and vehicles: -€3,042
- Stocks and contracts +€3,245
up €3,245 (+105.2%), from €3,085 to €6,330
- Profit (loss) carried forward +€40,889
up €40,889 (+108.0%), from €37,854 to €78,743
- Tax, wage and social debts +€13,452
up €13,452 (+86.9%), from €15,484 to €28,936
- Other debts -€7,815
down €7,815 (-70.2%), from €11,134 to €3,319
- Gross operating margin +€6,061
up €6,061 (+10.3%), from €58,968 to €65,029
- Taxes +€2,027
up €2,027 (+20.3%), from €10,000 to €12,027
- Depreciation +€1,493
up €1,493 (+15.1%), from €9,903 to €11,396
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 | €67,252 | €113,115 | +€45,862 | +68.2% |
| Fixed assets | 21/28 | €11,873 | €7,846 | -€4,027 | -33.9% |
| Intangible fixed assets | 21 | €1 | €1 | -€0 | -25.0% |
| Tangible fixed assets | 22/27 | €11,872 | €7,845 | -€4,027 | -33.9% |
| Plant, machinery and equipment | 23 | €4,004 | €3,019 | -€985 | -24.6% |
| Furniture and vehicles | 24 | €7,868 | €4,827 | -€3,042 | -38.7% |
| Current assets | 29/58 | €55,379 | €105,269 | +€49,889 | +90.1% |
| Stocks and contracts in progress | 3 | €3,085 | €6,330 | +€3,245 | +105.2% |
| Stocks | 30/36 | €3,085 | €6,330 | +€3,245 | +105.2% |
| Amounts receivable within one year | 40/41 | €11,344 | €10,696 | -€647 | -5.7% |
| Trade receivables | 40 | €11,344 | €10,696 | -€647 | -5.7% |
| Cash at bank and in hand | 54/58 | €40,951 | €88,242 | +€47,292 | +115.5% |
| Total equity and liabilities | 10/49 | €67,252 | €113,115 | +€45,862 | +68.2% |
| Equity | 10/15 | €39,854 | €80,743 | +€40,889 | +102.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,854 | €78,743 | +€40,889 | +108.0% |
| Amounts payable | 17/49 | €27,398 | €32,372 | +€4,973 | +18.2% |
| Amounts payable within one year | 42/48 | €27,398 | €32,372 | +€4,973 | +18.2% |
| Trade debts | 44 | €780 | €117 | -€663 | -85.0% |
| Suppliers | 440/4 | €780 | €117 | -€663 | -85.0% |
| Taxes, remuneration and social security | 45 | €15,484 | €28,936 | +€13,452 | +86.9% |
| Taxes | 450/3 | €15,484 | €28,936 | +€13,452 | +86.9% |
| Other amounts payable | 47/48 | €11,134 | €3,319 | -€7,815 | -70.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,903 | €11,396 | +€1,493 | +15.1% |
| Other operating charges | 640/8 | €1,038 | €525 | -€513 | -49.4% |
| Gross operating margin | 9900 | €58,968 | €65,029 | +€6,061 | +10.3% |
| Operating profit (loss) | 9901 | €48,027 | €53,108 | +€5,081 | +10.6% |
| Financial charges | 65/66B | €173 | €192 | +€19 | +11.1% |
| Recurring financial charges | 65 | €173 | €192 | +€19 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €47,854 | €52,916 | +€5,061 | +10.6% |
| Income taxes | 67/77 | €10,000 | €12,027 | +€2,027 | +20.3% |
| Profit (loss) for the period | 9904 | €37,854 | €40,889 | +€3,035 | +8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,854 | €40,889 | +€3,035 | +8.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.