DG - Innovative: 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.
DG - Innovative
Largest movements
- Cash +€17,907
up €17,907 (+438%), from €4,088 to €21,996
mainly Net result for the year (+€28,425) and Receivables within one year (+€6,767)
- Receivables within one year -€6,767
down €6,767 (-20.3%), from €33,308 to €26,540
of which Trade receivables: -€8,385
- Deferred charges and accrued income -€5,698
down €5,698 (-13.3%), from €42,763 to €37,065
- Receivables after one year -€3,298
down €3,298 (-100%), from €3,298 to €0
- Tangible fixed assets -€1,012
down €1,012 (-25.5%), from €3,972 to €2,960
of which Furniture and vehicles: -€759
- Other debts +€6,048
up €6,048 (+15.6%), from €38,871 to €44,919
- Reserves -€2,976
down €2,976 (-13.9%), from €21,387 to €18,411
- Tax, wage and social debts -€1,482
down €1,482 (-26.8%), from €5,530 to €4,049
- Accrued charges and deferred income -€950
down €950 (-100%), from €950 to €0
- Gross operating margin -€12,608
down €12,608 (-24.2%), from €52,044 to €39,436
- Taxes -€2,464
down €2,464 (-24.2%), from €10,197 to €7,733
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 | €87,428 | €88,561 | +€1,132 | +1.3% |
| Fixed assets | 21/28 | €3,972 | €2,960 | -€1,012 | -25.5% |
| Tangible fixed assets | 22/27 | €3,972 | €2,960 | -€1,012 | -25.5% |
| Land and buildings | 22 | €361 | €339 | -€21 | -5.9% |
| Plant, machinery and equipment | 23 | €723 | €491 | -€232 | -32.1% |
| Furniture and vehicles | 24 | €2,888 | €2,129 | -€759 | -26.3% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €83,457 | €85,601 | +€2,144 | +2.6% |
| Amounts receivable after more than one year | 29 | €3,298 | €0 | -€3,298 | -100% |
| Other amounts receivable | 291 | €3,298 | €0 | -€3,298 | -100% |
| Amounts receivable within one year | 40/41 | €33,308 | €26,540 | -€6,767 | -20.3% |
| Trade receivables | 40 | €23,559 | €15,173 | -€8,385 | -35.6% |
| Other amounts receivable | 41 | €9,749 | €11,367 | +€1,618 | +16.6% |
| Cash at bank and in hand | 54/58 | €4,088 | €21,996 | +€17,907 | +438% |
| Deferred charges and accrued income | 490/1 | €42,763 | €37,065 | -€5,698 | -13.3% |
| Total equity and liabilities | 10/49 | €87,428 | €88,561 | +€1,132 | +1.3% |
| Equity | 10/15 | €39,987 | €37,011 | -€2,976 | -7.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,387 | €18,411 | -€2,976 | -13.9% |
| Distributable reserves | 133 | €21,387 | €18,411 | -€2,976 | -13.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €47,442 | €51,550 | +€4,108 | +8.7% |
| Amounts payable within one year | 42/48 | €46,492 | €51,550 | +€5,058 | +10.9% |
| Trade debts | 44 | €2,090 | €2,583 | +€493 | +23.6% |
| Suppliers | 440/4 | €2,090 | €2,583 | +€493 | +23.6% |
| Taxes, remuneration and social security | 45 | €5,530 | €4,049 | -€1,482 | -26.8% |
| Taxes | 450/3 | €5,530 | €4,049 | -€1,482 | -26.8% |
| Other amounts payable | 47/48 | €38,871 | €44,919 | +€6,048 | +15.6% |
| Accrued charges and deferred income | 492/3 | €950 | €0 | -€950 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €858 | €1,012 | +€154 | +18.0% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €52,044 | €39,436 | -€12,608 | -24.2% |
| Operating profit (loss) | 9901 | €50,681 | €37,904 | -€12,777 | -25.2% |
| Financial income | 75/76B | €38 | €72 | +€34 | +89.9% |
| Recurring financial income | 75 | €38 | €72 | +€34 | +89.9% |
| Financial charges | 65/66B | €2,251 | €1,818 | -€433 | -19.2% |
| Recurring financial charges | 65 | €2,251 | €1,818 | -€433 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | €48,468 | €36,158 | -€12,310 | -25.4% |
| Income taxes | 67/77 | €10,197 | €7,733 | -€2,464 | -24.2% |
| Profit (loss) for the period | 9904 | €38,270 | €28,425 | -€9,845 | -25.7% |
| Profit (loss) for the period to be appropriated | 9905 | €38,270 | €28,425 | -€9,845 | -25.7% |
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 26 October 2026 via checked.be.