InnoVision: 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.
InnoVision
Largest movements
- Cash -€40,129
down €40,129 (-13.6%), from €295,356 to €255,227
mainly Contributions, distributions and other (-€410,000) and Debts after one year (-€28,142)
- Receivables within one year +€7,391
up €7,391 (+3.6%), from €203,000 to €210,391
- Debts after one year -€28,142
down €28,142 (-66.0%), from €42,648 to €14,507
- Financial charges -€69,878
down €69,878 (-84.0%), from €83,178 to €13,300
- Taxes +€22,409
up €22,409 (+19.6%), from €114,328 to €136,737
- Financial income +€9,989
up €9,989 (+47.2%), from €21,163 to €31,152
- Gross operating margin +€8,909
up €8,909 (+1.6%), from €543,113 to €552,022
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 | €646,814 | €609,470 | -€37,343 | -5.8% |
| Fixed assets | 21/28 | €94,560 | €88,617 | -€5,943 | -6.3% |
| Tangible fixed assets | 22/27 | €94,560 | €88,617 | -€5,943 | -6.3% |
| Plant, machinery and equipment | 23 | €3,916 | €3,312 | -€604 | -15.4% |
| Furniture and vehicles | 24 | €90,644 | €76,801 | -€13,843 | -15.3% |
| Other tangible fixed assets | 26 | - | €8,504 | +€8,504 | |
| Current assets | 29/58 | €552,254 | €520,853 | -€31,401 | -5.7% |
| Amounts receivable within one year | 40/41 | €203,000 | €210,391 | +€7,391 | +3.6% |
| Trade receivables | 40 | €203,000 | €210,391 | +€7,391 | +3.6% |
| Current investments | 50/53 | €51,521 | €51,498 | -€24 | 0.0% |
| Cash at bank and in hand | 54/58 | €295,356 | €255,227 | -€40,129 | -13.6% |
| Deferred charges and accrued income | 490/1 | €2,376 | €3,736 | +€1,360 | +57.2% |
| Total equity and liabilities | 10/49 | €646,814 | €609,470 | -€37,343 | -5.8% |
| Equity | 10/15 | €24,672 | €18,710 | -€5,963 | -24.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,072 | €110 | -€5,963 | -98.2% |
| Amounts payable | 17/49 | €622,141 | €590,761 | -€31,381 | -5.0% |
| Amounts payable after more than one year | 17 | €42,648 | €14,507 | -€28,142 | -66.0% |
| Financial debts | 170/4 | €42,648 | €14,507 | -€28,142 | -66.0% |
| Amounts payable within one year | 42/48 | €579,493 | €576,254 | -€3,239 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €27,018 | €28,142 | +€1,124 | +4.2% |
| Trade debts | 44 | €436 | €1,327 | +€891 | +204% |
| Suppliers | 440/4 | €436 | €1,327 | +€891 | +204% |
| Taxes, remuneration and social security | 45 | €89,565 | €89,888 | +€323 | +0.4% |
| Taxes | 450/3 | €89,565 | €89,888 | +€323 | +0.4% |
| Other amounts payable | 47/48 | €462,475 | €456,898 | -€5,577 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,640 | €28,556 | -€83 | -0.3% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €543,113 | €552,022 | +€8,909 | +1.6% |
| Operating profit (loss) | 9901 | €513,945 | €522,922 | +€8,977 | +1.7% |
| Financial income | 75/76B | €21,163 | €31,152 | +€9,989 | +47.2% |
| Recurring financial income | 75 | €21,163 | €31,152 | +€9,989 | +47.2% |
| Financial charges | 65/66B | €83,178 | €13,300 | -€69,878 | -84.0% |
| Recurring financial charges | 65 | €83,178 | €13,300 | -€69,878 | -84.0% |
| Profit (loss) for the period before taxes | 9903 | €451,930 | €540,774 | +€88,844 | +19.7% |
| Income taxes | 67/77 | €114,328 | €136,737 | +€22,409 | +19.6% |
| Profit (loss) for the period | 9904 | €337,602 | €404,037 | +€66,435 | +19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €337,602 | €404,037 | +€66,435 | +19.7% |
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 1 November 2026 via checked.be.