Inovolt: what changed
Two fiscal 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.
Inovolt
Largest movements
- Receivables within one year +€24,265
up €24,265 (+257.1%), from €9,437 to €33,702
of which Trade receivables: +€14,419
- Cash -€6,687
down €6,687 (-29.8%), from €22,415 to €15,728
mainly Receivables within one year (-€24,265) and Debts after one year (-€9,334)
- Tangible fixed assets -€4,872
down €4,872 (-11.0%), from €44,382 to €39,509
of which Furniture and vehicles: -€4,414
- Deferred charges and accrued income +€1,965
up €1,965 (+655.1%), from €300 to €2,265
- Reserves +€17,653
up €17,653 (+116.2%), from €15,196 to €32,849
- Debts after one year -€9,334
down €9,334 (-30.2%), from €30,953 to €21,619
- Trade debts +€6,970
up €6,970 (+594.7%), from €1,172 to €8,142
- Other debts -€2,065
down €2,065 (-71.3%), from €2,898 to €833
- Tax, wage and social debts +€1,030
up €1,030 (+7.6%), from €13,638 to €14,668
of which Taxes: +€1,030
- Gross operating margin +€4,056
up €4,056 (+12.4%), from €32,789 to €36,845
- Depreciation +€1,534
up €1,534 (+15.4%), from €9,938 to €11,471
- Taxes +€989
up €989 (+21.6%), from €4,572 to €5,561
- Financial income +€571
up €571 (+3532.8%), from €16 to €587
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 | €76,533 | €91,204 | +€14,671 | +19.2% |
| Fixed assets | 21/28 | €44,382 | €39,509 | -€4,872 | -11.0% |
| Tangible fixed assets | 22/27 | €44,382 | €39,509 | -€4,872 | -11.0% |
| Plant, machinery and equipment | 23 | €2,133 | €1,675 | -€459 | -21.5% |
| Furniture and vehicles | 24 | €42,248 | €37,834 | -€4,414 | -10.4% |
| Current assets | 29/58 | €32,152 | €51,695 | +€19,543 | +60.8% |
| Amounts receivable within one year | 40/41 | €9,437 | €33,702 | +€24,265 | +257.1% |
| Trade receivables | 40 | €9,437 | €23,856 | +€14,419 | +152.8% |
| Other amounts receivable | 41 | - | €9,846 | +€9,846 | |
| Cash at bank and in hand | 54/58 | €22,415 | €15,728 | -€6,687 | -29.8% |
| Deferred charges and accrued income | 490/1 | €300 | €2,265 | +€1,965 | +655.1% |
| Total equity and liabilities | 10/49 | €76,533 | €91,204 | +€14,671 | +19.2% |
| Equity | 10/15 | €17,696 | €35,349 | +€17,653 | +99.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €15,196 | €32,849 | +€17,653 | +116.2% |
| Distributable reserves | 133 | €15,196 | €32,849 | +€17,653 | +116.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €58,837 | €55,855 | -€2,982 | -5.1% |
| Amounts payable after more than one year | 17 | €30,953 | €21,619 | -€9,334 | -30.2% |
| Financial debts | 170/4 | €30,953 | €21,619 | -€9,334 | -30.2% |
| Amounts payable within one year | 42/48 | €27,358 | €33,711 | +€6,352 | +23.2% |
| Current portion of amounts payable after more than one year | 42 | €8,951 | €9,334 | +€383 | +4.3% |
| Financial debts | 43 | €698 | €733 | +€35 | +5.0% |
| Other loans | 439 | €698 | €733 | +€35 | +5.0% |
| Trade debts | 44 | €1,172 | €8,142 | +€6,970 | +594.7% |
| Suppliers | 440/4 | €1,172 | €8,142 | +€6,970 | +594.7% |
| Taxes, remuneration and social security | 45 | €13,638 | €14,668 | +€1,030 | +7.6% |
| Taxes | 450/3 | €11,638 | €12,668 | +€1,030 | +8.8% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €2,898 | €833 | -€2,065 | -71.3% |
| Accrued charges and deferred income | 492/3 | €526 | €526 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,938 | €11,471 | +€1,534 | +15.4% |
| Other operating charges | 640/8 | €363 | €311 | -€52 | -14.3% |
| Gross operating margin | 9900 | €32,789 | €36,845 | +€4,056 | +12.4% |
| Operating profit (loss) | 9901 | €22,488 | €25,062 | +€2,574 | +11.4% |
| Financial income | 75/76B | €16 | €587 | +€571 | +3532.8% |
| Recurring financial income | 75 | €16 | €587 | +€571 | +3532.8% |
| Financial charges | 65/66B | €1,877 | €1,602 | -€275 | -14.7% |
| Recurring financial charges | 65 | €1,877 | €1,602 | -€275 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | €20,627 | €24,047 | +€3,420 | +16.6% |
| Income taxes | 67/77 | €4,572 | €5,561 | +€989 | +21.6% |
| Profit (loss) for the period | 9904 | €16,055 | €18,486 | +€2,431 | +15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,055 | €18,486 | +€2,431 | +15.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.