Innovus: 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.
Innovus
Largest movements
- Cash +€47,118
up €47,118 (+146.1%), from €32,252 to €79,370
mainly Net result for the year (+€41,356) and Other debts (+€8,874)
- Receivables within one year +€6,700
up €6,700 (+707.8%), from €947 to €7,647
of which Trade receivables: +€7,128
- Tangible fixed assets +€1,663
up €1,663 (+60.5%), from €2,747 to €4,410
- Profit (loss) carried forward +€41,356
up €41,356 (+234.2%), from €17,657 to €59,013
- Other debts +€8,874
up €8,874 (+94.2%), from €9,423 to €18,297
- Tax, wage and social debts +€5,109
up €5,109 (+73.6%), from €6,938 to €12,047
- Gross operating margin +€31,553
up €31,553 (+141.4%), from €22,308 to €53,860
- Taxes +€6,349
up €6,349 (+143.1%), from €4,438 to €10,787
- Financial income +€945
new in 2025: €945
- Depreciation +€934
up €934 (+592.9%), from €157 to €1,091
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 | €35,945 | €91,655 | +€55,709 | +155.0% |
| Fixed assets | 21/28 | €2,747 | €4,410 | +€1,663 | +60.5% |
| Tangible fixed assets | 22/27 | €2,747 | €4,410 | +€1,663 | +60.5% |
| Furniture and vehicles | 24 | €2,747 | €4,410 | +€1,663 | +60.5% |
| Current assets | 29/58 | €33,198 | €87,244 | +€54,046 | +162.8% |
| Amounts receivable within one year | 40/41 | €947 | €7,647 | +€6,700 | +707.8% |
| Trade receivables | 40 | - | €7,128 | +€7,128 | |
| Other amounts receivable | 41 | €947 | €519 | -€428 | -45.2% |
| Cash at bank and in hand | 54/58 | €32,252 | €79,370 | +€47,118 | +146.1% |
| Deferred charges and accrued income | 490/1 | - | €228 | +€228 | |
| Total equity and liabilities | 10/49 | €35,945 | €91,655 | +€55,709 | +155.0% |
| Equity | 10/15 | €19,357 | €60,713 | +€41,356 | +213.6% |
| Contributions | 10/11 | €1,700 | €1,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,657 | €59,013 | +€41,356 | +234.2% |
| Amounts payable | 17/49 | €16,588 | €30,942 | +€14,353 | +86.5% |
| Amounts payable within one year | 42/48 | €16,588 | €30,942 | +€14,353 | +86.5% |
| Trade debts | 44 | €227 | €598 | +€371 | +163.2% |
| Suppliers | 440/4 | €227 | €598 | +€371 | +163.2% |
| Taxes, remuneration and social security | 45 | €6,938 | €12,047 | +€5,109 | +73.6% |
| Taxes | 450/3 | €6,938 | €12,047 | +€5,109 | +73.6% |
| Other amounts payable | 47/48 | €9,423 | €18,297 | +€8,874 | +94.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €157 | €1,091 | +€934 | +592.9% |
| Non-recurring operating charges | 66A | - | €1,062 | +€1,062 | |
| Gross operating margin | 9900 | €22,308 | €53,860 | +€31,553 | +141.4% |
| Operating profit (loss) | 9901 | €22,150 | €51,707 | +€29,557 | +133.4% |
| Financial income | 75/76B | - | €945 | +€945 | |
| Recurring financial income | 75 | - | €945 | +€945 | |
| Financial charges | 65/66B | €55 | €509 | +€454 | +825.1% |
| Recurring financial charges | 65 | €55 | €509 | +€454 | +825.1% |
| Profit (loss) for the period before taxes | 9903 | €22,095 | €52,143 | +€30,048 | +136.0% |
| Income taxes | 67/77 | €4,438 | €10,787 | +€6,349 | +143.1% |
| Profit (loss) for the period | 9904 | €17,657 | €41,356 | +€23,699 | +134.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,657 | €41,356 | +€23,699 | +134.2% |
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.