INUVA: 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.
INUVA
Largest movements
- Receivables within one year +€28,801
new in 2025: €28,801
of which Trade receivables: +€23,242
- Receivables after one year -€20,126
no longer reported in 2025 (was €20,126)
of which Trade receivables: -€19,895
- Cash +€16,952
up €16,952 (+84.2%), from €20,134 to €37,086
mainly Net result for the year (+€23,521) and Receivables after one year (+€20,126)
- Current investments -€6,050
no longer reported in 2025 (was €6,050)
- Intangible fixed assets -€1,333
down €1,333 (-34.7%), from €3,843 to €2,510
- Reserves +€23,521
up €23,521 (+89.5%), from €26,284 to €49,805
- Other debts -€14,666
no longer reported in 2025 (was €14,666)
- Trade debts +€7,389
up €7,389 (+272%), from €2,714 to €10,103
- Tax, wage and social debts +€3,695
up €3,695 (+37.3%), from €9,895 to €13,590
of which Taxes: +€6,547
- Gross operating margin -€6,270
down €6,270 (-15.4%), from €40,680 to €34,411
- Depreciation +€2,097
up €2,097 (+105%), from €1,996 to €4,093
- Financial income +€940
up €940 (+5,481%), from €17 to €958
- Taxes -€574
down €574 (-8.2%), from €7,022 to €6,448
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 | €54,829 | €74,803 | +€19,974 | +36.4% |
| Fixed assets | 21/28 | €8,346 | €7,601 | -€745 | -8.9% |
| Intangible fixed assets | 21 | €3,843 | €2,510 | -€1,333 | -34.7% |
| Tangible fixed assets | 22/27 | €4,503 | €4,841 | +€338 | +7.5% |
| Plant, machinery and equipment | 23 | €3,270 | €3,957 | +€687 | +21.0% |
| Furniture and vehicles | 24 | €1,233 | €885 | -€349 | -28.3% |
| Financial fixed assets | 28 | - | €250 | +€250 | |
| Current assets | 29/58 | €46,483 | €67,202 | +€20,719 | +44.6% |
| Amounts receivable after more than one year | 29 | €20,126 | - | -€20,126 | |
| Trade receivables | 290 | €19,895 | - | -€19,895 | |
| Other amounts receivable | 291 | €230 | - | -€230 | |
| Amounts receivable within one year | 40/41 | - | €28,801 | +€28,801 | |
| Trade receivables | 40 | - | €23,242 | +€23,242 | |
| Other amounts receivable | 41 | - | €5,560 | +€5,560 | |
| Current investments | 50/53 | €6,050 | - | -€6,050 | |
| Cash at bank and in hand | 54/58 | €20,134 | €37,086 | +€16,952 | +84.2% |
| Deferred charges and accrued income | 490/1 | €174 | €1,315 | +€1,141 | +654% |
| Total equity and liabilities | 10/49 | €54,829 | €74,803 | +€19,974 | +36.4% |
| Equity | 10/15 | €27,384 | €50,905 | +€23,521 | +85.9% |
| Contributions | 10/11 | €1,100 | €1,100 | = | 0.0% |
| Reserves | 13 | €26,284 | €49,805 | +€23,521 | +89.5% |
| Distributable reserves | 133 | €26,284 | €49,805 | +€23,521 | +89.5% |
| Amounts payable | 17/49 | €27,445 | €23,897 | -€3,547 | -12.9% |
| Amounts payable within one year | 42/48 | €27,274 | €23,693 | -€3,581 | -13.1% |
| Trade debts | 44 | €2,714 | €10,103 | +€7,389 | +272% |
| Suppliers | 440/4 | €2,714 | €10,103 | +€7,389 | +272% |
| Taxes, remuneration and social security | 45 | €9,895 | €13,590 | +€3,695 | +37.3% |
| Taxes | 450/3 | €7,043 | €13,590 | +€6,547 | +92.9% |
| Remuneration and social security | 454/9 | €2,851 | - | -€2,851 | |
| Other amounts payable | 47/48 | €14,666 | - | -€14,666 | |
| Accrued charges and deferred income | 492/3 | €171 | €204 | +€34 | +19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,996 | €4,093 | +€2,097 | +105% |
| Other operating charges | 640/8 | €519 | €528 | +€9 | +1.7% |
| Gross operating margin | 9900 | €40,680 | €34,411 | -€6,270 | -15.4% |
| Operating profit (loss) | 9901 | €38,165 | €29,790 | -€8,375 | -21.9% |
| Financial income | 75/76B | €17 | €958 | +€940 | +5,481% |
| Recurring financial income | 75 | €17 | €958 | +€940 | +5,481% |
| Financial charges | 65/66B | €468 | €779 | +€311 | +66.5% |
| Recurring financial charges | 65 | €468 | €779 | +€311 | +66.5% |
| Profit (loss) for the period before taxes | 9903 | €37,715 | €29,969 | -€7,746 | -20.5% |
| Income taxes | 67/77 | €7,022 | €6,448 | -€574 | -8.2% |
| Profit (loss) for the period | 9904 | €30,693 | €23,521 | -€7,172 | -23.4% |
| Profit (loss) for the period to be appropriated | 9905 | €30,693 | €23,521 | -€7,172 | -23.4% |
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 19 October 2026 via checked.be.