InnoViTech: 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.
InnoViTech
Largest movements
- Cash +€86,524
up €86,524 (+612.5%), from €14,127 to €100,651
mainly Investment in fixed assets (net) (+€50,000) and Net result for the year (+€34,678)
- Financial fixed assets -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Tangible fixed assets -€9,270
down €9,270 (-22.7%), from €40,832 to €31,561
of which Leasing and similar rights: -€9,065
- Receivables within one year -€2,226
down €2,226 (-21.8%), from €10,234 to €8,007
of which Trade receivables: -€1,680
- Profit (loss) carried forward +€33,845
up €33,845 (+160.3%), from €21,108 to €54,953
- Debts after one year -€10,340
down €10,340 (-13.7%), from €75,721 to €65,381
- Tax, wage and social debts +€1,784
up €1,784 (+37.2%), from €4,791 to €6,576
- Gross operating margin +€25,458
up €25,458 (+73.1%), from €34,828 to €60,285
- Taxes +€5,215
up €5,215 (+90.1%), from €5,789 to €11,004
- Depreciation +€4,160
up €4,160 (+81.4%), from €5,110 to €9,270
- Financial charges +€2,869
up €2,869 (+207.4%), from €1,383 to €4,252
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 | €116,089 | €142,184 | +€26,095 | +22.5% |
| Fixed assets | 21/28 | €90,832 | €31,561 | -€59,270 | -65.3% |
| Tangible fixed assets | 22/27 | €40,832 | €31,561 | -€9,270 | -22.7% |
| Furniture and vehicles | 24 | €533 | €328 | -€205 | -38.4% |
| Leasing and similar rights | 25 | €40,298 | €31,233 | -€9,065 | -22.5% |
| Financial fixed assets | 28 | €50,000 | €0 | -€50,000 | -100.0% |
| Current assets | 29/58 | €25,258 | €110,623 | +€85,365 | +338.0% |
| Amounts receivable within one year | 40/41 | €10,234 | €8,007 | -€2,226 | -21.8% |
| Trade receivables | 40 | €9,680 | €8,000 | -€1,680 | -17.4% |
| Other amounts receivable | 41 | €554 | €7 | -€546 | -98.7% |
| Cash at bank and in hand | 54/58 | €14,127 | €100,651 | +€86,524 | +612.5% |
| Deferred charges and accrued income | 490/1 | €898 | €1,965 | +€1,067 | +118.9% |
| Total equity and liabilities | 10/49 | €116,089 | €142,184 | +€26,095 | +22.5% |
| Equity | 10/15 | €23,608 | €57,453 | +€33,845 | +143.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,108 | €54,953 | +€33,845 | +160.3% |
| Amounts payable | 17/49 | €92,482 | €84,731 | -€7,751 | -8.4% |
| Amounts payable after more than one year | 17 | €75,721 | €65,381 | -€10,340 | -13.7% |
| Financial debts | 170/4 | €75,721 | €65,381 | -€10,340 | -13.7% |
| Amounts payable within one year | 42/48 | €16,761 | €19,350 | +€2,589 | +15.4% |
| Current portion of amounts payable after more than one year | 42 | €9,931 | €10,340 | +€409 | +4.1% |
| Trade debts | 44 | €2,039 | €1,852 | -€187 | -9.2% |
| Suppliers | 440/4 | €2,039 | €1,852 | -€187 | -9.2% |
| Taxes, remuneration and social security | 45 | €4,791 | €6,576 | +€1,784 | +37.2% |
| Taxes | 450/3 | €4,791 | €6,576 | +€1,784 | +37.2% |
| Other amounts payable | 47/48 | - | €583 | +€583 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,110 | €9,270 | +€4,160 | +81.4% |
| Other operating charges | 640/8 | €1,438 | €1,096 | -€343 | -23.8% |
| Gross operating margin | 9900 | €34,828 | €60,285 | +€25,458 | +73.1% |
| Operating profit (loss) | 9901 | €28,280 | €49,919 | +€21,640 | +76.5% |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Financial charges | 65/66B | €1,383 | €4,252 | +€2,869 | +207.4% |
| Recurring financial charges | 65 | €1,383 | €4,252 | +€2,869 | +207.4% |
| Profit (loss) for the period before taxes | 9903 | €26,897 | €45,682 | +€18,786 | +69.8% |
| Income taxes | 67/77 | €5,789 | €11,004 | +€5,215 | +90.1% |
| Profit (loss) for the period | 9904 | €21,108 | €34,678 | +€13,571 | +64.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,108 | €34,678 | +€13,571 | +64.3% |
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 7 October 2026 via checked.be.