IONOVO: 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.
IONOVO
Largest movements
- Cash +€88,320
up €88,320 (+57.6%), from €153,407 to €241,727
mainly Net result for the year (+€72,446) and Receivables within one year (+€24,605)
- Receivables within one year -€24,605
down €24,605 (-57.8%), from €42,569 to €17,963
of which Trade receivables: -€21,876
- Tangible fixed assets -€16,764
down €16,764 (-38.5%), from €43,589 to €26,824
of which Furniture and vehicles: -€25,068
- Reserves +€72,446
up €72,446 (+28.1%), from €257,696 to €330,142
- Debts after one year -€10,430
down €10,430 (-100%), from €10,430 to €0
- Current portion of long-term debt -€8,625
down €8,625 (-45.3%), from €19,054 to €10,430
- Tax, wage and social debts -€7,771
down €7,771 (-25.9%), from €29,995 to €22,224
- Depreciation -€11,754
down €11,754 (-49.6%), from €23,696 to €11,942
- Gross operating margin +€5,983
up €5,983 (+5.5%), from €108,733 to €114,717
- Taxes +€3,953
up €3,953 (+15.1%), from €26,259 to €30,212
- Financial income +€1,977
up €1,977 (+571%), from €346 to €2,323
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 | €351,450 | €400,362 | +€48,912 | +13.9% |
| Fixed assets | 21/28 | €43,589 | €26,824 | -€16,764 | -38.5% |
| Tangible fixed assets | 22/27 | €43,589 | €26,824 | -€16,764 | -38.5% |
| Plant, machinery and equipment | 23 | €1,380 | €9,684 | +€8,304 | +602% |
| Furniture and vehicles | 24 | €42,209 | €17,141 | -€25,068 | -59.4% |
| Current assets | 29/58 | €307,861 | €373,538 | +€65,677 | +21.3% |
| Amounts receivable within one year | 40/41 | €42,569 | €17,963 | -€24,605 | -57.8% |
| Trade receivables | 40 | €38,911 | €17,034 | -€21,876 | -56.2% |
| Other amounts receivable | 41 | €3,658 | €929 | -€2,729 | -74.6% |
| Current investments | 50/53 | €107,395 | €110,090 | +€2,695 | +2.5% |
| Cash at bank and in hand | 54/58 | €153,407 | €241,727 | +€88,320 | +57.6% |
| Deferred charges and accrued income | 490/1 | €4,491 | €3,757 | -€733 | -16.3% |
| Total equity and liabilities | 10/49 | €351,450 | €400,362 | +€48,912 | +13.9% |
| Equity | 10/15 | €281,930 | €354,376 | +€72,446 | +25.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €257,696 | €330,142 | +€72,446 | +28.1% |
| Distributable reserves | 133 | €257,696 | €330,142 | +€72,446 | +28.1% |
| Profit (loss) carried forward | 14 | €18,034 | €18,034 | = | 0.0% |
| Amounts payable | 17/49 | €69,520 | €45,986 | -€23,534 | -33.9% |
| Amounts payable after more than one year | 17 | €10,430 | €0 | -€10,430 | -100% |
| Financial debts | 170/4 | €10,430 | €0 | -€10,430 | -100% |
| Amounts payable within one year | 42/48 | €58,834 | €45,730 | -€13,104 | -22.3% |
| Current portion of amounts payable after more than one year | 42 | €19,054 | €10,430 | -€8,625 | -45.3% |
| Trade debts | 44 | €9,785 | €13,077 | +€3,292 | +33.6% |
| Suppliers | 440/4 | €9,785 | €13,077 | +€3,292 | +33.6% |
| Taxes, remuneration and social security | 45 | €29,995 | €22,224 | -€7,771 | -25.9% |
| Taxes | 450/3 | €29,995 | €22,224 | -€7,771 | -25.9% |
| Accrued charges and deferred income | 492/3 | €256 | €256 | = | 0.0% |
| Non-recurring operating income | 76A | - | €20,058 | +€20,058 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,696 | €11,942 | -€11,754 | -49.6% |
| Other operating charges | 640/8 | €957 | €1,715 | +€758 | +79.2% |
| Gross operating margin | 9900 | €108,733 | €114,717 | +€5,983 | +5.5% |
| Operating profit (loss) | 9901 | €84,080 | €101,060 | +€16,980 | +20.2% |
| Financial income | 75/76B | €346 | €2,323 | +€1,977 | +571% |
| Recurring financial income | 75 | €346 | €2,323 | +€1,977 | +571% |
| Financial charges | 65/66B | €1,149 | €725 | -€424 | -36.9% |
| Recurring financial charges | 65 | €1,149 | €725 | -€424 | -36.9% |
| Profit (loss) for the period before taxes | 9903 | €83,277 | €102,658 | +€19,380 | +23.3% |
| Income taxes | 67/77 | €26,259 | €30,212 | +€3,953 | +15.1% |
| Profit (loss) for the period | 9904 | €57,019 | €72,446 | +€15,427 | +27.1% |
| Profit (loss) for the period to be appropriated | 9905 | €57,019 | €72,446 | +€15,427 | +27.1% |
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 13 October 2026 via checked.be.