INOVI: 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.
INOVI
Largest movements
- Cash -€41,628
down €41,628 (-65.9%), from €63,200 to €21,572
mainly Contributions, distributions and other (-€109,518) and Investment in fixed assets (net) (-€8,766)
- Tangible fixed assets +€7,371
up €7,371 (+70.6%), from €10,434 to €17,805
of which Furniture and vehicles: +€5,027
- Receivables within one year +€1,475
up €1,475 (+8.5%), from €17,347 to €18,822
of which Trade receivables: +€1,281
- Deferred charges and accrued income +€1,353
up €1,353 (+32.5%), from €4,167 to €5,521
- Reserves -€72,920
no longer reported in 2025 (was €72,920)
- Other debts +€43,661
new in 2025: €43,661
- Tax, wage and social debts -€6,455
down €6,455 (-33.3%), from €19,389 to €12,934
- Trade debts +€4,285
up €4,285 (+233%), from €1,839 to €6,124
- Gross operating margin +€14,849
up €14,849 (+37.7%), from €39,428 to €54,277
- Taxes +€3,949
up €3,949 (+45.8%), from €8,628 to €12,577
- Financial charges +€1,908
up €1,908 (+255%), from €748 to €2,656
- Other operating charges +€689
up €689 (+190%), from €362 to €1,051
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 | €95,148 | €63,720 | -€31,428 | -33.0% |
| Fixed assets | 21/28 | €10,434 | €17,805 | +€7,371 | +70.6% |
| Tangible fixed assets | 22/27 | €10,434 | €17,805 | +€7,371 | +70.6% |
| Plant, machinery and equipment | 23 | - | €3,514 | +€3,514 | |
| Furniture and vehicles | 24 | - | €5,027 | +€5,027 | |
| Other tangible fixed assets | 26 | €10,434 | €9,264 | -€1,170 | -11.2% |
| Current assets | 29/58 | €84,714 | €45,915 | -€38,799 | -45.8% |
| Amounts receivable within one year | 40/41 | €17,347 | €18,822 | +€1,475 | +8.5% |
| Trade receivables | 40 | €16,902 | €18,184 | +€1,281 | +7.6% |
| Other amounts receivable | 41 | €445 | €639 | +€194 | +43.6% |
| Cash at bank and in hand | 54/58 | €63,200 | €21,572 | -€41,628 | -65.9% |
| Deferred charges and accrued income | 490/1 | €4,167 | €5,521 | +€1,353 | +32.5% |
| Total equity and liabilities | 10/49 | €95,148 | €63,720 | -€31,428 | -33.0% |
| Equity | 10/15 | €73,920 | €1,000 | -€72,920 | -98.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €72,920 | - | -€72,920 | |
| Distributable reserves | 133 | €72,920 | - | -€72,920 | |
| Amounts payable | 17/49 | €21,228 | €62,720 | +€41,491 | +195% |
| Amounts payable within one year | 42/48 | €21,228 | €62,720 | +€41,491 | +195% |
| Trade debts | 44 | €1,839 | €6,124 | +€4,285 | +233% |
| Suppliers | 440/4 | €1,839 | €6,124 | +€4,285 | +233% |
| Taxes, remuneration and social security | 45 | €19,389 | €12,934 | -€6,455 | -33.3% |
| Taxes | 450/3 | €19,389 | €12,934 | -€6,455 | -33.3% |
| Other amounts payable | 47/48 | - | €43,661 | +€43,661 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,170 | €1,395 | +€225 | +19.2% |
| Other operating charges | 640/8 | €362 | €1,051 | +€689 | +190% |
| Gross operating margin | 9900 | €39,428 | €54,277 | +€14,849 | +37.7% |
| Operating profit (loss) | 9901 | €37,896 | €51,831 | +€13,936 | +36.8% |
| Financial charges | 65/66B | €748 | €2,656 | +€1,908 | +255% |
| Recurring financial charges | 65 | €748 | €2,656 | +€1,908 | +255% |
| Profit (loss) for the period before taxes | 9903 | €37,148 | €49,175 | +€12,028 | +32.4% |
| Income taxes | 67/77 | €8,628 | €12,577 | +€3,949 | +45.8% |
| Profit (loss) for the period | 9904 | €28,520 | €36,598 | +€8,078 | +28.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,520 | €36,598 | +€8,078 | +28.3% |
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 17 October 2026 via checked.be.