INNOVIS: 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.
INNOVIS
Largest movements
- Receivables within one year +€167,470
up €167,470 (+13.5%), from €1.2m to €1.4m
of which Trade receivables: +€122,292
- Stocks and contracts +€154,860
up €154,860 (+27.4%), from €565,622 to €720,482
- Cash +€97,980
up €97,980 (+11.9%), from €824,146 to €922,126
mainly Net result for the year (+€1.1m) and Trade debts (+€311,473)
- Trade debts +€311,473
up €311,473 (+40.8%), from €763,202 to €1.1m
- Other debts +€199,760
up €199,760 (+25.0%), from €800,240 to €1.0m
- Short-term financial debts -€178,265
down €178,265 (-46.4%), from €384,117 to €205,852
- Profit (loss) carried forward +€80,591
up €80,591 (+12.9%), from €622,756 to €703,347
- Gross operating margin -€89,047
down €89,047 (-4.5%), from €2.0m to €1.9m
- Taxes -€45,323
down €45,323 (-10.7%), from €424,238 to €378,915
- Staff costs +€22,926
up €22,926 (+6.6%), from €345,873 to €368,799
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 | €2,836,519 | €3,267,386 | +€430,867 | +15.2% |
| Fixed assets | 21/28 | €73,865 | €99,930 | +€26,065 | +35.3% |
| Tangible fixed assets | 22/27 | €73,315 | €99,380 | +€26,065 | +35.6% |
| Plant, machinery and equipment | 23 | €6,511 | €5,785 | -€726 | -11.2% |
| Furniture and vehicles | 24 | €66,805 | €93,596 | +€26,791 | +40.1% |
| Financial fixed assets | 28 | €550 | €550 | = | 0.0% |
| Current assets | 29/58 | €2,762,654 | €3,167,456 | +€404,802 | +14.7% |
| Stocks and contracts in progress | 3 | €565,622 | €720,482 | +€154,860 | +27.4% |
| Stocks | 30/36 | €565,622 | €720,482 | +€154,860 | +27.4% |
| Amounts receivable within one year | 40/41 | €1,243,419 | €1,410,889 | +€167,470 | +13.5% |
| Trade receivables | 40 | €874,491 | €996,783 | +€122,292 | +14.0% |
| Other amounts receivable | 41 | €368,928 | €414,106 | +€45,179 | +12.2% |
| Cash at bank and in hand | 54/58 | €824,146 | €922,126 | +€97,980 | +11.9% |
| Deferred charges and accrued income | 490/1 | €129,467 | €113,960 | -€15,507 | -12.0% |
| Total equity and liabilities | 10/49 | €2,836,519 | €3,267,386 | +€430,867 | +15.2% |
| Equity | 10/15 | €754,900 | €835,492 | +€80,591 | +10.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €113,595 | €113,595 | = | 0.0% |
| Distributable reserves | 133 | €113,595 | €113,595 | = | 0.0% |
| Profit (loss) carried forward | 14 | €622,756 | €703,347 | +€80,591 | +12.9% |
| Amounts payable | 17/49 | €2,081,619 | €2,431,895 | +€350,276 | +16.8% |
| Amounts payable within one year | 42/48 | €1,984,604 | €2,316,277 | +€331,673 | +16.7% |
| Financial debts | 43 | €384,117 | €205,852 | -€178,265 | -46.4% |
| Credit institutions | 430/8 | €384,117 | €205,852 | -€178,265 | -46.4% |
| Trade debts | 44 | €763,202 | €1,074,675 | +€311,473 | +40.8% |
| Suppliers | 440/4 | €763,202 | €1,074,675 | +€311,473 | +40.8% |
| Taxes, remuneration and social security | 45 | €37,044 | €35,749 | -€1,295 | -3.5% |
| Remuneration and social security | 454/9 | €37,044 | €35,749 | -€1,295 | -3.5% |
| Other amounts payable | 47/48 | €800,240 | €1,000,000 | +€199,760 | +25.0% |
| Accrued charges and deferred income | 492/3 | €97,015 | €115,618 | +€18,603 | +19.2% |
| Non-recurring operating income | 76A | €463 | - | -€463 | |
| Remuneration, social security and pensions | 62 | €345,873 | €368,799 | +€22,926 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,422 | €44,512 | +€9,090 | +25.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €17,473 | - | -€17,473 | |
| Other operating charges | 640/8 | €5,751 | €9,241 | +€3,491 | +60.7% |
| Non-recurring operating charges | 66A | €484 | - | -€484 | |
| Gross operating margin | 9900 | €1,976,345 | €1,887,298 | -€89,047 | -4.5% |
| Operating profit (loss) | 9901 | €1,571,342 | €1,464,746 | -€106,597 | -6.8% |
| Financial income | 75/76B | €16,054 | €18,010 | +€1,956 | +12.2% |
| Recurring financial income | 75 | €16,054 | €18,010 | +€1,956 | +12.2% |
| Financial charges | 65/66B | €22,524 | €23,250 | +€726 | +3.2% |
| Recurring financial charges | 65 | €18,024 | €23,250 | +€5,226 | +29.0% |
| Non-recurring financial charges | 66B | €4,500 | - | -€4,500 | |
| Profit (loss) for the period before taxes | 9903 | €1,564,873 | €1,459,507 | -€105,366 | -6.7% |
| Income taxes | 67/77 | €424,238 | €378,915 | -€45,323 | -10.7% |
| Profit (loss) for the period | 9904 | €1,140,635 | €1,080,591 | -€60,044 | -5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,140,635 | €1,080,591 | -€60,044 | -5.3% |
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 24 October 2026 via checked.be.