InnoWings: 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.
InnoWings
Largest movements
- Cash -€14,195
down €14,195 (-83.1%), from €17,079 to €2,883
mainly Investment in fixed assets (net) (-€37,049) and Net result for the year (-€31,943)
- Tangible fixed assets +€13,153
up €13,153 (+20.2%), from €65,238 to €78,391
of which Leasing and similar rights: +€27,739
- Profit (loss) carried forward -€31,943
down €31,943 (-68.7%), from €46,509 to €14,566
- Other debts +€12,534
up €12,534 (+26.7%), from €46,881 to €59,415
- Debts after one year +€8,982
new in 2025: €8,982
- Current portion of long-term debt +€7,916
new in 2025: €7,916
- Tax, wage and social debts +€2,086
up €2,086 (+90.6%), from €2,304 to €4,389
- Gross operating margin -€19,104
down €19,104, from €14,429 to -€4,675
- Depreciation +€15,336
up €15,336 (+179%), from €8,561 to €23,896
- Taxes -€3,832
down €3,832, from €2,915 to -€916
- Other operating charges -€2,680
down €2,680 (-47.5%), from €5,641 to €2,962
- Financial income -€1,927
no longer reported in 2025 (was €1,927)
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 | €117,453 | €116,829 | -€623 | -0.5% |
| Fixed assets | 21/28 | €65,238 | €78,391 | +€13,153 | +20.2% |
| Tangible fixed assets | 22/27 | €65,238 | €78,391 | +€13,153 | +20.2% |
| Furniture and vehicles | 24 | €63,904 | €49,826 | -€14,078 | -22.0% |
| Leasing and similar rights | 25 | - | €27,739 | +€27,739 | |
| Other tangible fixed assets | 26 | €1,334 | €825 | -€509 | -38.1% |
| Current assets | 29/58 | €52,214 | €38,438 | -€13,776 | -26.4% |
| Amounts receivable within one year | 40/41 | €31,342 | €30,868 | -€473 | -1.5% |
| Trade receivables | 40 | €19,342 | €26,003 | +€6,662 | +34.4% |
| Other amounts receivable | 41 | €12,000 | €4,865 | -€7,135 | -59.5% |
| Cash at bank and in hand | 54/58 | €17,079 | €2,883 | -€14,195 | -83.1% |
| Deferred charges and accrued income | 490/1 | €3,794 | €4,687 | +€893 | +23.5% |
| Total equity and liabilities | 10/49 | €117,453 | €116,829 | -€623 | -0.5% |
| Equity | 10/15 | €66,969 | €35,026 | -€31,943 | -47.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,509 | €14,566 | -€31,943 | -68.7% |
| Amounts payable | 17/49 | €50,483 | €81,803 | +€31,320 | +62.0% |
| Amounts payable after more than one year | 17 | - | €8,982 | +€8,982 | |
| Financial debts | 170/4 | - | €8,982 | +€8,982 | |
| Amounts payable within one year | 42/48 | €50,195 | €72,521 | +€22,326 | +44.5% |
| Current portion of amounts payable after more than one year | 42 | - | €7,916 | +€7,916 | |
| Trade debts | 44 | €1,011 | €800 | -€210 | -20.8% |
| Suppliers | 440/4 | €1,011 | €800 | -€210 | -20.8% |
| Taxes, remuneration and social security | 45 | €2,304 | €4,389 | +€2,086 | +90.6% |
| Taxes | 450/3 | €2,304 | €4,389 | +€2,086 | +90.6% |
| Other amounts payable | 47/48 | €46,881 | €59,415 | +€12,534 | +26.7% |
| Accrued charges and deferred income | 492/3 | €288 | €300 | +€11 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,561 | €23,896 | +€15,336 | +179% |
| Other operating charges | 640/8 | €5,641 | €2,962 | -€2,680 | -47.5% |
| Gross operating margin | 9900 | €14,429 | -€4,675 | -€19,104 | |
| Operating profit (loss) | 9901 | €227 | -€31,533 | -€31,760 | |
| Financial income | 75/76B | €1,927 | - | -€1,927 | |
| Recurring financial income | 75 | €1,927 | - | -€1,927 | |
| Financial charges | 65/66B | €145 | €1,326 | +€1,181 | +814% |
| Recurring financial charges | 65 | €145 | €1,326 | +€1,181 | +814% |
| Profit (loss) for the period before taxes | 9903 | €2,008 | -€32,859 | -€34,867 | |
| Income taxes | 67/77 | €2,915 | -€916 | -€3,832 | |
| Profit (loss) for the period | 9904 | -€907 | -€31,943 | -€31,036 | -3,421% |
| Profit (loss) for the period to be appropriated | 9905 | -€907 | -€31,943 | -€31,036 | -3,421% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.