Invenova: 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.
Invenova
Largest movements
- Cash +€55,303
up €55,303 (+316%), from €17,496 to €72,799
mainly Net result for the year (+€45,741) and Tax, wage and social debts (+€11,947)
- Tangible fixed assets +€2,851
up €2,851 (+75.6%), from €3,773 to €6,624
of which Other tangible fixed assets: +€3,635
- Reserves +€45,741
up €45,741 (+282%), from €16,233 to €61,974
- Tax, wage and social debts +€11,947
up €11,947 (+96.4%), from €12,389 to €24,337
- Gross operating margin +€37,957
up €37,957 (+182%), from €20,909 to €58,866
- Taxes +€7,702
up €7,702 (+171%), from €4,500 to €12,202
- Depreciation +€765
up €765 (+526%), from €145 to €910
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 | €33,006 | €91,160 | +€58,154 | +176% |
| Fixed assets | 21/28 | €3,773 | €6,624 | +€2,851 | +75.6% |
| Tangible fixed assets | 22/27 | €3,773 | €6,624 | +€2,851 | +75.6% |
| Furniture and vehicles | 24 | €3,773 | €2,990 | -€784 | -20.8% |
| Other tangible fixed assets | 26 | - | €3,635 | +€3,635 | |
| Current assets | 29/58 | €29,233 | €84,536 | +€55,303 | +189% |
| Amounts receivable within one year | 40/41 | €11,737 | €11,737 | = | 0.0% |
| Trade receivables | 40 | €11,737 | €11,737 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,496 | €72,799 | +€55,303 | +316% |
| Total equity and liabilities | 10/49 | €33,006 | €91,160 | +€58,154 | +176% |
| Equity | 10/15 | €18,233 | €63,974 | +€45,741 | +251% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €16,233 | €61,974 | +€45,741 | +282% |
| Distributable reserves | 133 | €16,233 | €61,974 | +€45,741 | +282% |
| Amounts payable | 17/49 | €14,773 | €27,186 | +€12,413 | +84.0% |
| Amounts payable within one year | 42/48 | €14,773 | €27,186 | +€12,413 | +84.0% |
| Trade debts | 44 | €894 | €1,237 | +€343 | +38.3% |
| Suppliers | 440/4 | €894 | €1,237 | +€343 | +38.3% |
| Taxes, remuneration and social security | 45 | €12,389 | €24,337 | +€11,947 | +96.4% |
| Taxes | 450/3 | €12,389 | €24,337 | +€11,947 | +96.4% |
| Other amounts payable | 47/48 | €1,489 | €1,612 | +€123 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €145 | €910 | +€765 | +526% |
| Gross operating margin | 9900 | €20,909 | €58,866 | +€37,957 | +182% |
| Operating profit (loss) | 9901 | €20,764 | €57,956 | +€37,192 | +179% |
| Financial income | 75/76B | €0 | €60 | +€60 | +595,500% |
| Recurring financial income | 75 | €0 | €60 | +€60 | +595,500% |
| Financial charges | 65/66B | €30 | €72 | +€42 | +139% |
| Recurring financial charges | 65 | €30 | €72 | +€42 | +139% |
| Profit (loss) for the period before taxes | 9903 | €20,733 | €57,943 | +€37,210 | +179% |
| Income taxes | 67/77 | €4,500 | €12,202 | +€7,702 | +171% |
| Profit (loss) for the period | 9904 | €16,233 | €45,741 | +€29,508 | +182% |
| Profit (loss) for the period to be appropriated | 9905 | €16,233 | €45,741 | +€29,508 | +182% |
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 24 October 2026 via checked.be.