INOVENTO: 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.
INOVENTO
Largest movements
- Receivables within one year +€357,695
up €357,695 (+864.8%), from €41,363 to €399,058
of which Trade receivables: +€191,079
- Tangible fixed assets -€55,813
down €55,813 (-3.7%), from €1.5m to €1.5m
of which Land and buildings: -€32,735
- Reserves +€159,278
up €159,278 (+55.6%), from €286,363 to €445,640
- Current portion of long-term debt +€125,233
new in 2025: €125,233
- Debts after one year -€29,222
down €29,222 (-2.9%), from €1.0m to €970,778
- Trade debts +€20,289
up €20,289 (+69.5%), from €29,175 to €49,465
- Staff costs -€33,549
down €33,549 (-17.3%), from €194,077 to €160,527
- Gross operating margin +€24,876
up €24,876 (+5.2%), from €481,986 to €506,862
- Financial charges +€23,052
up €23,052 (+990.7%), from €2,327 to €25,379
- Taxes +€13,214
up €13,214 (+29.9%), from €44,126 to €57,340
- Depreciation +€7,535
up €7,535 (+10.1%), from €74,953 to €82,488
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 | €1,578,616 | €1,878,004 | +€299,388 | +19.0% |
| Fixed assets | 21/28 | €1,519,560 | €1,463,748 | -€55,813 | -3.7% |
| Tangible fixed assets | 22/27 | €1,519,560 | €1,463,748 | -€55,813 | -3.7% |
| Land and buildings | 22 | €1,350,637 | €1,317,902 | -€32,735 | -2.4% |
| Plant, machinery and equipment | 23 | €168,923 | €143,858 | -€25,065 | -14.8% |
| Furniture and vehicles | 24 | - | €1,988 | +€1,988 | |
| Current assets | 29/58 | €59,056 | €414,257 | +€355,201 | +601.5% |
| Amounts receivable within one year | 40/41 | €41,363 | €399,058 | +€357,695 | +864.8% |
| Trade receivables | 40 | €38,471 | €229,550 | +€191,079 | +496.7% |
| Other amounts receivable | 41 | €2,892 | €169,508 | +€166,616 | +5761.4% |
| Cash at bank and in hand | 54/58 | €11,022 | €5,739 | -€5,283 | -47.9% |
| Deferred charges and accrued income | 490/1 | €6,672 | €9,460 | +€2,788 | +41.8% |
| Total equity and liabilities | 10/49 | €1,578,616 | €1,878,004 | +€299,388 | +19.0% |
| Equity | 10/15 | €495,640 | €668,543 | +€172,903 | +34.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €286,363 | €445,640 | +€159,278 | +55.6% |
| Distributable reserves | 133 | €286,363 | €445,640 | +€159,278 | +55.6% |
| Profit (loss) carried forward | 14 | €159,278 | €172,903 | +€13,625 | +8.6% |
| Amounts payable | 17/49 | €1,082,976 | €1,209,461 | +€126,485 | +11.7% |
| Amounts payable after more than one year | 17 | €1,000,000 | €970,778 | -€29,222 | -2.9% |
| Financial debts | 170/4 | €1,000,000 | €970,778 | -€29,222 | -2.9% |
| Amounts payable within one year | 42/48 | €75,004 | €231,909 | +€156,905 | +209.2% |
| Current portion of amounts payable after more than one year | 42 | - | €125,233 | +€125,233 | |
| Financial debts | 43 | €13,540 | €13,482 | -€58 | -0.4% |
| Credit institutions | 430/8 | €13,540 | €13,482 | -€58 | -0.4% |
| Trade debts | 44 | €29,175 | €49,465 | +€20,289 | +69.5% |
| Suppliers | 440/4 | €29,175 | €49,465 | +€20,289 | +69.5% |
| Taxes, remuneration and social security | 45 | €32,288 | €43,728 | +€11,440 | +35.4% |
| Taxes | 450/3 | €8,826 | €25,655 | +€16,829 | +190.7% |
| Remuneration and social security | 454/9 | €23,463 | €18,074 | -€5,389 | -23.0% |
| Accrued charges and deferred income | 492/3 | €7,972 | €6,774 | -€1,197 | -15.0% |
| Remuneration, social security and pensions | 62 | €194,077 | €160,527 | -€33,549 | -17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,953 | €82,488 | +€7,535 | +10.1% |
| Other operating charges | 640/8 | €7,226 | €8,225 | +€999 | +13.8% |
| Gross operating margin | 9900 | €481,986 | €506,862 | +€24,876 | +5.2% |
| Operating profit (loss) | 9901 | €205,730 | €255,622 | +€49,892 | +24.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,327 | €25,379 | +€23,052 | +990.7% |
| Recurring financial charges | 65 | €2,327 | €25,379 | +€23,052 | +990.7% |
| Profit (loss) for the period before taxes | 9903 | €203,403 | €230,243 | +€26,839 | +13.2% |
| Income taxes | 67/77 | €44,126 | €57,340 | +€13,214 | +29.9% |
| Profit (loss) for the period | 9904 | €159,278 | €172,903 | +€13,625 | +8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €159,278 | €172,903 | +€13,625 | +8.6% |
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 12 October 2026 via checked.be.