INOVACLEAN: 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.
INOVACLEAN
Largest movements
- Tangible fixed assets -€13,030
down €13,030 (-16.7%), from €77,848 to €64,818
of which Plant, machinery and equipment: -€6,740
- Cash +€4,942
up €4,942 (+10.2%), from €48,684 to €53,626
mainly Depreciation (+€14,353) and Net result for the year (+€11,660)
- Receivables within one year +€2,616
up €2,616 (+91.2%), from €2,870 to €5,486
of which Trade receivables: +€2,433
- Deferred charges and accrued income +€2,000
new in 2025: €2,000
- Other debts -€15,364
down €15,364 (-16.9%), from €90,671 to €75,307
- Reserves +€11,660
up €11,660 (+43.1%), from €27,084 to €38,744
- Tax, wage and social debts -€3,761
down €3,761 (-38.7%), from €9,720 to €5,958
- Trade debts +€2,476
up €2,476 (+854%), from €290 to €2,766
- Gross operating margin -€15,316
down €15,316 (-34.2%), from €44,724 to €29,409
- Taxes -€3,747
down €3,747 (-55.8%), from €6,720 to €2,973
- Depreciation +€3,500
up €3,500 (+32.2%), from €10,853 to €14,353
- Other operating charges +€484
new in 2025: €484
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 | €133,020 | €128,225 | -€4,795 | -3.6% |
| Fixed assets | 21/28 | €81,466 | €67,113 | -€14,353 | -17.6% |
| Intangible fixed assets | 21 | €3,618 | €2,295 | -€1,323 | -36.6% |
| Tangible fixed assets | 22/27 | €77,848 | €64,818 | -€13,030 | -16.7% |
| Plant, machinery and equipment | 23 | €51,568 | €44,828 | -€6,740 | -13.1% |
| Furniture and vehicles | 24 | €26,280 | €19,990 | -€6,290 | -23.9% |
| Current assets | 29/58 | €51,554 | €61,112 | +€9,558 | +18.5% |
| Amounts receivable within one year | 40/41 | €2,870 | €5,486 | +€2,616 | +91.2% |
| Trade receivables | 40 | €2,746 | €5,179 | +€2,433 | +88.6% |
| Other amounts receivable | 41 | €124 | €307 | +€183 | +148% |
| Cash at bank and in hand | 54/58 | €48,684 | €53,626 | +€4,942 | +10.2% |
| Deferred charges and accrued income | 490/1 | - | €2,000 | +€2,000 | |
| Total equity and liabilities | 10/49 | €133,020 | €128,225 | -€4,795 | -3.6% |
| Equity | 10/15 | €32,084 | €43,744 | +€11,660 | +36.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €27,084 | €38,744 | +€11,660 | +43.1% |
| Distributable reserves | 133 | €27,084 | €38,744 | +€11,660 | +43.1% |
| Amounts payable | 17/49 | €100,936 | €84,481 | -€16,455 | -16.3% |
| Amounts payable within one year | 42/48 | €100,681 | €84,031 | -€16,650 | -16.5% |
| Trade debts | 44 | €290 | €2,766 | +€2,476 | +854% |
| Suppliers | 440/4 | €290 | €2,766 | +€2,476 | +854% |
| Taxes, remuneration and social security | 45 | €9,720 | €5,958 | -€3,761 | -38.7% |
| Taxes | 450/3 | €9,720 | €5,958 | -€3,761 | -38.7% |
| Other amounts payable | 47/48 | €90,671 | €75,307 | -€15,364 | -16.9% |
| Accrued charges and deferred income | 492/3 | €255 | €450 | +€195 | +76.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,853 | €14,353 | +€3,500 | +32.2% |
| Other operating charges | 640/8 | - | €484 | +€484 | |
| Gross operating margin | 9900 | €44,724 | €29,409 | -€15,316 | -34.2% |
| Operating profit (loss) | 9901 | €33,871 | €14,571 | -€19,300 | -57.0% |
| Financial income | 75/76B | - | €135 | +€135 | |
| Recurring financial income | 75 | - | €135 | +€135 | |
| Financial charges | 65/66B | €68 | €73 | +€6 | +8.4% |
| Recurring financial charges | 65 | €68 | €73 | +€6 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | €33,804 | €14,633 | -€19,171 | -56.7% |
| Income taxes | 67/77 | €6,720 | €2,973 | -€3,747 | -55.8% |
| Profit (loss) for the period | 9904 | €27,084 | €11,660 | -€15,424 | -56.9% |
| Profit (loss) for the period to be appropriated | 9905 | €27,084 | €11,660 | -€15,424 | -56.9% |
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 27 October 2026 via checked.be.