Inovatif: 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.
Inovatif
Largest movements
- Receivables within one year -€74,327
down €74,327 (-74.6%), from €99,628 to €25,301
of which Trade receivables: -€74,371
- Current investments +€20,000
up €20,000 (+50.0%), from €40,000 to €60,000
- Cash +€17,941
up €17,941 (+8.4%), from €213,484 to €231,425
mainly Net result for the year (+€95,170) and Receivables within one year (+€74,327)
- Tangible fixed assets -€8,536
down €8,536 (-39.0%), from €21,899 to €13,363
of which Furniture and vehicles: -€8,219
- Other debts -€69,913
down €69,913 (-53.6%), from €130,471 to €60,558
- Reserves +€45,170
up €45,170 (+23.2%), from €194,740 to €239,910
- Tax, wage and social debts -€20,210
down €20,210 (-62.8%), from €32,172 to €11,963
of which Taxes: -€20,210
- Gross operating margin -€63,328
down €63,328 (-32.7%), from €193,533 to €130,204
- Taxes -€17,019
down €17,019 (-38.1%), from €44,697 to €27,677
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €376,331 | €331,825 | -€44,505 | -11.8% |
| Fixed assets | 21/28 | €21,899 | €13,363 | -€8,536 | -39.0% |
| Tangible fixed assets | 22/27 | €21,899 | €13,363 | -€8,536 | -39.0% |
| Plant, machinery and equipment | 23 | €756 | €438 | -€318 | -42.0% |
| Furniture and vehicles | 24 | €21,143 | €12,924 | -€8,219 | -38.9% |
| Current assets | 29/58 | €354,432 | €318,463 | -€35,969 | -10.1% |
| Amounts receivable within one year | 40/41 | €99,628 | €25,301 | -€74,327 | -74.6% |
| Trade receivables | 40 | €99,628 | €25,257 | -€74,371 | -74.6% |
| Other amounts receivable | 41 | €0 | €44 | +€44 | |
| Current investments | 50/53 | €40,000 | €60,000 | +€20,000 | +50.0% |
| Cash at bank and in hand | 54/58 | €213,484 | €231,425 | +€17,941 | +8.4% |
| Deferred charges and accrued income | 490/1 | €1,320 | €1,736 | +€417 | +31.6% |
| Total equity and liabilities | 10/49 | €376,331 | €331,825 | -€44,505 | -11.8% |
| Equity | 10/15 | €213,340 | €258,510 | +€45,170 | +21.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €194,740 | €239,910 | +€45,170 | +23.2% |
| Distributable reserves | 133 | €194,740 | €239,910 | +€45,170 | +23.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €162,991 | €73,316 | -€89,676 | -55.0% |
| Amounts payable within one year | 42/48 | €162,991 | €73,316 | -€89,676 | -55.0% |
| Trade debts | 44 | €348 | €795 | +€447 | +128% |
| Suppliers | 440/4 | €348 | €795 | +€447 | +128% |
| Taxes, remuneration and social security | 45 | €32,172 | €11,963 | -€20,210 | -62.8% |
| Taxes | 450/3 | €32,172 | €11,963 | -€20,210 | -62.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €130,471 | €60,558 | -€69,913 | -53.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,336 | €8,536 | +€200 | +2.4% |
| Other operating charges | 640/8 | €1,438 | €1,066 | -€372 | -25.9% |
| Gross operating margin | 9900 | €193,533 | €130,204 | -€63,328 | -32.7% |
| Operating profit (loss) | 9901 | €183,759 | €120,603 | -€63,156 | -34.4% |
| Financial income | 75/76B | €1,166 | €2,392 | +€1,226 | +105% |
| Recurring financial income | 75 | €1,166 | €2,392 | +€1,226 | +105% |
| Financial charges | 65/66B | €143 | €147 | +€4 | +2.8% |
| Recurring financial charges | 65 | €143 | €147 | +€4 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €184,782 | €122,848 | -€61,935 | -33.5% |
| Income taxes | 67/77 | €44,697 | €27,677 | -€17,019 | -38.1% |
| Profit (loss) for the period | 9904 | €140,086 | €95,170 | -€44,915 | -32.1% |
| Profit (loss) for the period to be appropriated | 9905 | €140,086 | €95,170 | -€44,915 | -32.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.