INOVIA: 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.
INOVIA
Largest movements
- Receivables within one year +€29,512
up €29,512 (+31.3%), from €94,237 to €123,750
of which Other amounts receivable: +€30,835
- Cash +€2,683
up €2,683 (+147%), from €1,827 to €4,510
mainly Net result for the year (+€23,505) and Tax, wage and social debts (+€8,596)
- Deferred charges and accrued income +€1,446
new in 2025: €1,446
- Profit (loss) carried forward +€23,505
up €23,505 (+79.2%), from €29,677 to €53,182
- Tax, wage and social debts +€8,596
up €8,596 (+108%), from €7,996 to €16,592
of which Taxes: +€8,596
- Short-term financial debts +€7,489
up €7,489 (+528%), from €1,419 to €8,908
- Current portion of long-term debt -€5,236
down €5,236 (-38.8%), from €13,477 to €8,241
- Trade debts +€4,195
up €4,195 (+400%), from €1,048 to €5,244
- Gross operating margin +€23,739
up €23,739 (+214%), from €11,111 to €34,850
- Financial income -€4,596
no longer reported in 2025 (was €4,596)
- Taxes +€4,368
up €4,368 (+91.3%), from €4,786 to €9,154
- Depreciation +€776
up €776 (+197%), from €395 to €1,171
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 | €96,854 | €131,654 | +€34,800 | +35.9% |
| Fixed assets | 21/28 | €789 | €1,947 | +€1,158 | +147% |
| Tangible fixed assets | 22/27 | €789 | €1,947 | +€1,158 | +147% |
| Plant, machinery and equipment | 23 | €789 | €1,947 | +€1,158 | +147% |
| Current assets | 29/58 | €96,064 | €129,706 | +€33,642 | +35.0% |
| Amounts receivable within one year | 40/41 | €94,237 | €123,750 | +€29,512 | +31.3% |
| Trade receivables | 40 | €1,323 | €0 | -€1,323 | -100% |
| Other amounts receivable | 41 | €92,915 | €123,750 | +€30,835 | +33.2% |
| Cash at bank and in hand | 54/58 | €1,827 | €4,510 | +€2,683 | +147% |
| Deferred charges and accrued income | 490/1 | - | €1,446 | +€1,446 | |
| Total equity and liabilities | 10/49 | €96,854 | €131,654 | +€34,800 | +35.9% |
| Equity | 10/15 | €67,514 | €92,668 | +€25,155 | +37.3% |
| Contributions | 10/11 | €16,900 | €18,550 | +€1,650 | +9.8% |
| Reserves | 13 | €20,936 | €20,936 | = | 0.0% |
| Non-distributable reserves | 130/1 | €668 | €668 | = | 0.0% |
| Reserves not available under the articles | 1311 | €668 | €668 | = | 0.0% |
| Distributable reserves | 133 | €20,269 | €20,269 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,677 | €53,182 | +€23,505 | +79.2% |
| Amounts payable | 17/49 | €29,340 | €38,985 | +€9,645 | +32.9% |
| Amounts payable after more than one year | 17 | €1,800 | - | -€1,800 | |
| Financial debts | 170/4 | €1,800 | - | -€1,800 | |
| Amounts payable within one year | 42/48 | €27,541 | €38,985 | +€11,445 | +41.6% |
| Current portion of amounts payable after more than one year | 42 | €13,477 | €8,241 | -€5,236 | -38.8% |
| Financial debts | 43 | €1,419 | €8,908 | +€7,489 | +528% |
| Credit institutions | 430/8 | €1,419 | €8,908 | +€7,489 | +528% |
| Trade debts | 44 | €1,048 | €5,244 | +€4,195 | +400% |
| Suppliers | 440/4 | €1,048 | €5,244 | +€4,195 | +400% |
| Taxes, remuneration and social security | 45 | €7,996 | €16,592 | +€8,596 | +108% |
| Taxes | 450/3 | €7,015 | €15,611 | +€8,596 | +123% |
| Remuneration and social security | 454/9 | €981 | €981 | = | 0.0% |
| Other amounts payable | 47/48 | €3,600 | - | -€3,600 | |
| Non-recurring operating income | 76A | - | €413 | +€413 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €395 | €1,171 | +€776 | +197% |
| Other operating charges | 640/8 | €156 | €100 | -€56 | -35.9% |
| Gross operating margin | 9900 | €11,111 | €34,850 | +€23,739 | +214% |
| Operating profit (loss) | 9901 | €10,561 | €33,579 | +€23,018 | +218% |
| Financial income | 75/76B | €4,596 | - | -€4,596 | |
| Recurring financial income | 75 | €4,596 | - | -€4,596 | |
| Financial charges | 65/66B | €1,132 | €920 | -€212 | -18.7% |
| Recurring financial charges | 65 | €1,132 | €920 | -€212 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €14,025 | €32,659 | +€18,634 | +133% |
| Income taxes | 67/77 | €4,786 | €9,154 | +€4,368 | +91.3% |
| Profit (loss) for the period | 9904 | €9,239 | €23,505 | +€14,266 | +154% |
| Profit (loss) for the period to be appropriated | 9905 | €9,239 | €23,505 | +€14,266 | +154% |
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 30 October 2026 via checked.be.