Innovum: 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.
Innovum
Largest movements
- Cash -€24,931
down €24,931 (-27.0%), from €92,342 to €67,411
mainly Contributions, distributions and other (-€48,500) and Investment in fixed assets (net) (-€17,368)
- Tangible fixed assets +€13,462
up €13,462 (+209%), from €6,453 to €19,915
of which Furniture and vehicles: +€9,858
- Receivables within one year -€3,644
down €3,644 (-14.6%), from €24,967 to €21,322
of which Other amounts receivable: -€4,398
- Reserves -€21,000
down €21,000 (-21.3%), from €98,500 to €77,500
- Tax, wage and social debts +€6,515
up €6,515 (+60.0%), from €10,864 to €17,379
- Gross operating margin +€9,462
up €9,462 (+29.5%), from €32,076 to €41,537
- Depreciation +€2,517
up €2,517 (+181%), from €1,389 to €3,905
- Taxes +€2,179
up €2,179 (+29.6%), from €7,350 to €9,529
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 | €123,825 | €109,220 | -€14,605 | -11.8% |
| Fixed assets | 21/28 | €6,453 | €19,915 | +€13,462 | +209% |
| Tangible fixed assets | 22/27 | €6,453 | €19,915 | +€13,462 | +209% |
| Land and buildings | 22 | €3,077 | €2,727 | -€350 | -11.4% |
| Plant, machinery and equipment | 23 | €1,535 | €5,489 | +€3,954 | +258% |
| Furniture and vehicles | 24 | €1,841 | €11,699 | +€9,858 | +535% |
| Current assets | 29/58 | €117,372 | €89,305 | -€28,067 | -23.9% |
| Amounts receivable within one year | 40/41 | €24,967 | €21,322 | -€3,644 | -14.6% |
| Trade receivables | 40 | €20,569 | €21,322 | +€754 | +3.7% |
| Other amounts receivable | 41 | €4,398 | - | -€4,398 | |
| Cash at bank and in hand | 54/58 | €92,342 | €67,411 | -€24,931 | -27.0% |
| Deferred charges and accrued income | 490/1 | €63 | €571 | +€508 | +802% |
| Total equity and liabilities | 10/49 | €123,825 | €109,220 | -€14,605 | -11.8% |
| Equity | 10/15 | €109,445 | €87,875 | -€21,570 | -19.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €98,500 | €77,500 | -€21,000 | -21.3% |
| Distributable reserves | 133 | €98,500 | €77,500 | -€21,000 | -21.3% |
| Profit (loss) carried forward | 14 | €945 | €375 | -€570 | -60.3% |
| Amounts payable | 17/49 | €14,380 | €21,345 | +€6,965 | +48.4% |
| Amounts payable within one year | 42/48 | €13,977 | €20,510 | +€6,533 | +46.7% |
| Trade debts | 44 | €3,113 | €3,048 | -€65 | -2.1% |
| Suppliers | 440/4 | €3,113 | €3,048 | -€65 | -2.1% |
| Taxes, remuneration and social security | 45 | €10,864 | €17,379 | +€6,515 | +60.0% |
| Taxes | 450/3 | €10,864 | €17,379 | +€6,515 | +60.0% |
| Other amounts payable | 47/48 | - | €83 | +€83 | |
| Accrued charges and deferred income | 492/3 | €403 | €835 | +€432 | +107% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,389 | €3,905 | +€2,517 | +181% |
| Other operating charges | 640/8 | €990 | €1,036 | +€45 | +4.6% |
| Gross operating margin | 9900 | €32,076 | €41,537 | +€9,462 | +29.5% |
| Operating profit (loss) | 9901 | €29,696 | €36,596 | +€6,900 | +23.2% |
| Financial charges | 65/66B | €331 | €137 | -€194 | -58.7% |
| Recurring financial charges | 65 | €331 | €137 | -€194 | -58.7% |
| Profit (loss) for the period before taxes | 9903 | €29,366 | €36,459 | +€7,094 | +24.2% |
| Income taxes | 67/77 | €7,350 | €9,529 | +€2,179 | +29.6% |
| Profit (loss) for the period | 9904 | €22,016 | €26,930 | +€4,914 | +22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €22,016 | €26,930 | +€4,914 | +22.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.