INNOWARE: 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.
INNOWARE
Largest movements
- Cash -€14,112
down €14,112 (-80.5%), from €17,534 to €3,422
mainly Contributions, distributions and other (-€20,000) and Receivables within one year (-€7,674)
- Receivables within one year +€7,674
up €7,674 (+46.8%), from €16,400 to €24,074
- Deferred charges and accrued income -€7,497
down €7,497 (-95.7%), from €7,832 to €335
- Tangible fixed assets -€1,055
down €1,055 (-30.5%), from €3,457 to €2,402
- Profit (loss) carried forward -€9,372
no longer reported in 2025 (was €9,372)
- Other debts -€4,101
down €4,101 (-20.4%), from €20,104 to €16,003
- Reserves -€1,503
down €1,503 (-80.8%), from €1,860 to €357
- Gross operating margin -€12,148
down €12,148 (-45.2%), from €26,864 to €14,716
- Financial income +€2,684
up €2,684 (+2,056%), from €131 to €2,815
of which Non-recurring financial income: +€2,715
- Taxes -€1,891
down €1,891 (-25.2%), from €7,520 to €5,628
- Depreciation -€604
down €604 (-36.4%), from €1,659 to €1,055
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 | €45,222 | €30,232 | -€14,989 | -33.1% |
| Fixed assets | 21/28 | €3,457 | €2,402 | -€1,055 | -30.5% |
| Tangible fixed assets | 22/27 | €3,457 | €2,402 | -€1,055 | -30.5% |
| Plant, machinery and equipment | 23 | €3,457 | €2,402 | -€1,055 | -30.5% |
| Current assets | 29/58 | €41,765 | €27,831 | -€13,935 | -33.4% |
| Amounts receivable within one year | 40/41 | €16,400 | €24,074 | +€7,674 | +46.8% |
| Trade receivables | 40 | €16,400 | €24,074 | +€7,674 | +46.8% |
| Cash at bank and in hand | 54/58 | €17,534 | €3,422 | -€14,112 | -80.5% |
| Deferred charges and accrued income | 490/1 | €7,832 | €335 | -€7,497 | -95.7% |
| Total equity and liabilities | 10/49 | €45,222 | €30,232 | -€14,989 | -33.1% |
| Equity | 10/15 | €18,832 | €7,957 | -€10,875 | -57.7% |
| Contributions | 10/11 | €7,600 | €7,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €357 | -€1,503 | -80.8% |
| Distributable reserves | 133 | €1,860 | €357 | -€1,503 | -80.8% |
| Profit (loss) carried forward | 14 | €9,372 | - | -€9,372 | |
| Amounts payable | 17/49 | €26,390 | €22,276 | -€4,114 | -15.6% |
| Amounts payable within one year | 42/48 | €26,390 | €22,276 | -€4,114 | -15.6% |
| Trade debts | 44 | €351 | €142 | -€209 | -59.6% |
| Suppliers | 440/4 | €351 | €142 | -€209 | -59.6% |
| Taxes, remuneration and social security | 45 | €5,934 | €6,131 | +€197 | +3.3% |
| Taxes | 450/3 | €5,934 | €6,131 | +€197 | +3.3% |
| Other amounts payable | 47/48 | €20,104 | €16,003 | -€4,101 | -20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,659 | €1,055 | -€604 | -36.4% |
| Other operating charges | 640/8 | €886 | €734 | -€151 | -17.1% |
| Gross operating margin | 9900 | €26,864 | €14,716 | -€12,148 | -45.2% |
| Operating profit (loss) | 9901 | €24,320 | €12,927 | -€11,393 | -46.8% |
| Financial income | 75/76B | €131 | €2,815 | +€2,684 | +2,056% |
| Recurring financial income | 75 | €131 | €100 | -€31 | -23.5% |
| Non-recurring financial income | 76B | - | €2,715 | +€2,715 | |
| Financial charges | 65/66B | €875 | €989 | +€114 | +13.0% |
| Recurring financial charges | 65 | €875 | €989 | +€114 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | €23,575 | €14,753 | -€8,822 | -37.4% |
| Income taxes | 67/77 | €7,520 | €5,628 | -€1,891 | -25.2% |
| Profit (loss) for the period | 9904 | €16,055 | €9,125 | -€6,930 | -43.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,055 | €9,125 | -€6,930 | -43.2% |
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 14 October 2026 via checked.be.