INNOVINO: 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.
INNOVINO
Largest movements
- Stocks and contracts -€10,885
down €10,885 (-14.3%), from €76,071 to €65,186
- Cash -€10,172
down €10,172 (-33.8%), from €30,081 to €19,909
mainly Net result for the year (-€18,702) and Accrued charges and deferred income (-€8,448)
- Receivables within one year -€6,545
down €6,545 (-37.0%), from €17,686 to €11,141
of which Trade receivables: -€6,864
- Tangible fixed assets -€2,447
down €2,447 (-5.9%), from €41,203 to €38,756
of which Furniture and vehicles: -€5,952
- Deferred charges and accrued income +€2,115
up €2,115 (+382%), from €553 to €2,668
- Profit (loss) carried forward -€18,702
down €18,702 (-20.8%), from -€89,823 to -€108,524
- Trade debts +€9,634
up €9,634 (+99.3%), from €9,706 to €19,340
- Accrued charges and deferred income -€8,448
down €8,448 (-100%), from €8,448 to €0
- Debts after one year -€5,781
down €5,781 (-31.5%), from €18,361 to €12,580
- Other debts -€2,614
down €2,614 (-4.0%), from €64,962 to €62,348
- Gross operating margin -€9,086
down €9,086 (-43.9%), from €20,695 to €11,609
- Other operating charges +€2,613
up €2,613 (+13.7%), from €19,140 to €21,753
- Depreciation -€2,539
down €2,539 (-25.6%), from €9,910 to €7,371
- Financial charges -€240
down €240 (-16.5%), from €1,453 to €1,213
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 | €166,095 | €138,161 | -€27,934 | -16.8% |
| Fixed assets | 21/28 | €41,703 | €39,256 | -€2,447 | -5.9% |
| Intangible fixed assets | 21 | €500 | €500 | = | 0.0% |
| Tangible fixed assets | 22/27 | €41,203 | €38,756 | -€2,447 | -5.9% |
| Plant, machinery and equipment | 23 | €2,462 | €6,469 | +€4,007 | +163% |
| Furniture and vehicles | 24 | €28,349 | €22,396 | -€5,952 | -21.0% |
| Other tangible fixed assets | 26 | €10,393 | €9,891 | -€502 | -4.8% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €124,392 | €98,905 | -€25,487 | -20.5% |
| Stocks and contracts in progress | 3 | €76,071 | €65,186 | -€10,885 | -14.3% |
| Stocks | 30/36 | €76,071 | €65,186 | -€10,885 | -14.3% |
| Amounts receivable within one year | 40/41 | €17,686 | €11,141 | -€6,545 | -37.0% |
| Trade receivables | 40 | €17,660 | €10,796 | -€6,864 | -38.9% |
| Other amounts receivable | 41 | €26 | €345 | +€319 | +1,231% |
| Cash at bank and in hand | 54/58 | €30,081 | €19,909 | -€10,172 | -33.8% |
| Deferred charges and accrued income | 490/1 | €553 | €2,668 | +€2,115 | +382% |
| Total equity and liabilities | 10/49 | €166,095 | €138,161 | -€27,934 | -16.8% |
| Equity | 10/15 | €45,177 | €26,476 | -€18,702 | -41.4% |
| Contributions | 10/11 | €135,000 | €135,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,823 | -€108,524 | -€18,702 | -20.8% |
| Amounts payable | 17/49 | €120,918 | €111,686 | -€9,232 | -7.6% |
| Amounts payable after more than one year | 17 | €18,361 | €12,580 | -€5,781 | -31.5% |
| Financial debts | 170/4 | €18,361 | €12,580 | -€5,781 | -31.5% |
| Amounts payable within one year | 42/48 | €94,108 | €99,105 | +€4,997 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | €5,554 | €5,781 | +€226 | +4.1% |
| Trade debts | 44 | €9,706 | €19,340 | +€9,634 | +99.3% |
| Suppliers | 440/4 | €9,706 | €19,340 | +€9,634 | +99.3% |
| Taxes, remuneration and social security | 45 | €13,886 | €11,637 | -€2,250 | -16.2% |
| Taxes | 450/3 | €13,886 | €11,637 | -€2,250 | -16.2% |
| Other amounts payable | 47/48 | €64,962 | €62,348 | -€2,614 | -4.0% |
| Accrued charges and deferred income | 492/3 | €8,448 | €0 | -€8,448 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,910 | €7,371 | -€2,539 | -25.6% |
| Other operating charges | 640/8 | €19,140 | €21,753 | +€2,613 | +13.7% |
| Gross operating margin | 9900 | €20,695 | €11,609 | -€9,086 | -43.9% |
| Operating profit (loss) | 9901 | -€8,354 | -€17,515 | -€9,161 | -110% |
| Financial income | 75/76B | €217 | €26 | -€190 | -87.8% |
| Recurring financial income | 75 | €217 | €26 | -€190 | -87.8% |
| Financial charges | 65/66B | €1,453 | €1,213 | -€240 | -16.5% |
| Recurring financial charges | 65 | €1,453 | €1,213 | -€240 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | -€9,591 | -€18,702 | -€9,111 | -95.0% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€9,591 | -€18,702 | -€9,111 | -95.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,591 | -€18,702 | -€9,111 | -95.0% |
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 29 October 2026 via checked.be.