DINNOV: 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.
DINNOV
Largest movements
- Receivables within one year +€24,946
new in 2023: €24,946
of which Trade receivables: +€20,525
- Receivables after one year +€17,528
new in 2023: €17,528
- Cash +€13,796
up €13,796 (+9.8%), from €140,209 to €154,005
mainly Net result for the year (+€55,598) and Tax, wage and social debts (+€6,543)
- Profit (loss) carried forward +€55,598
up €55,598 (+52.9%), from €105,160 to €160,758
- Tax, wage and social debts +€6,543
up €6,543 (+26.2%), from €24,977 to €31,520
- Other debts -€3,084
down €3,084 (-40.6%), from €7,602 to €4,518
- Trade debts -€2,808
down €2,808 (-96.7%), from €2,903 to €95
- Taxes +€10,201
up €10,201 (+67.5%), from €15,112 to €25,313
- Gross operating margin +€8,287
up €8,287 (+10.8%), from €76,947 to €85,234
- Financial charges +€3,010
up €3,010 (+2105.0%), from €143 to €3,153
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €142,642 | €198,892 | +€56,250 | +39.4% |
| Formation expenses | 20 | - | €44 | +€44 | |
| Fixed assets | 21/28 | €2,433 | €2,370 | -€63 | -2.6% |
| Intangible fixed assets | 21 | €255 | - | -€255 | |
| Tangible fixed assets | 22/27 | €2,178 | €2,370 | +€192 | +8.8% |
| Plant, machinery and equipment | 23 | - | €938 | +€938 | |
| Furniture and vehicles | 24 | €2,178 | €1,432 | -€746 | -34.2% |
| Current assets | 29/58 | €140,209 | €196,479 | +€56,270 | +40.1% |
| Amounts receivable after more than one year | 29 | - | €17,528 | +€17,528 | |
| Other amounts receivable | 291 | - | €17,528 | +€17,528 | |
| Amounts receivable within one year | 40/41 | - | €24,946 | +€24,946 | |
| Trade receivables | 40 | - | €20,525 | +€20,525 | |
| Other amounts receivable | 41 | - | €4,421 | +€4,421 | |
| Cash at bank and in hand | 54/58 | €140,209 | €154,005 | +€13,796 | +9.8% |
| Total equity and liabilities | 10/49 | €142,642 | €198,892 | +€56,250 | +39.4% |
| Equity | 10/15 | €107,160 | €162,758 | +€55,598 | +51.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | - | €2,000 | +€2,000 | |
| Issued capital | 100 | - | €2,000 | +€2,000 | |
| Profit (loss) carried forward | 14 | €105,160 | €160,758 | +€55,598 | +52.9% |
| Amounts payable | 17/49 | €35,482 | €36,134 | +€652 | +1.8% |
| Amounts payable within one year | 42/48 | €35,482 | €36,134 | +€652 | +1.8% |
| Trade debts | 44 | €2,903 | €95 | -€2,808 | -96.7% |
| Suppliers | 440/4 | €2,903 | €95 | -€2,808 | -96.7% |
| Taxes, remuneration and social security | 45 | €24,977 | €31,520 | +€6,543 | +26.2% |
| Taxes | 450/3 | €24,977 | €31,520 | +€6,543 | +26.2% |
| Other amounts payable | 47/48 | €7,602 | €4,518 | -€3,084 | -40.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €957 | €1,067 | +€110 | +11.5% |
| Other operating charges | 640/8 | €370 | €140 | -€230 | -62.2% |
| Gross operating margin | 9900 | €76,947 | €85,234 | +€8,287 | +10.8% |
| Operating profit (loss) | 9901 | €75,620 | €84,026 | +€8,406 | +11.1% |
| Financial income | 75/76B | - | €38 | +€38 | |
| Recurring financial income | 75 | - | €38 | +€38 | |
| Financial charges | 65/66B | €143 | €3,153 | +€3,010 | +2105.0% |
| Recurring financial charges | 65 | €143 | €3,153 | +€3,010 | +2105.0% |
| Profit (loss) for the period before taxes | 9903 | €75,477 | €80,911 | +€5,434 | +7.2% |
| Income taxes | 67/77 | €15,112 | €25,313 | +€10,201 | +67.5% |
| Profit (loss) for the period | 9904 | €60,365 | €55,598 | -€4,767 | -7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €60,365 | €55,598 | -€4,767 | -7.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.