INNOTESTO: 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.
INNOTESTO
Largest movements
- Current investments +€400,000
new in 2024: €400,000
- Cash +€42,151
up €42,151 (+24.3%), from €173,194 to €215,345
mainly Net result for the year (+€449,830) and Trade debts (+€2,982)
- Receivables within one year +€13,361
up €13,361 (+690%), from €1,936 to €15,297
of which Trade receivables: +€13,172
- Reserves +€449,830
up €449,830 (+309%), from €145,563 to €595,393
- Gross operating margin +€412,433
up €412,433 (+1,131%), from €36,462 to €448,895
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €177,196 | €632,160 | +€454,963 | +257% |
| Fixed assets | 21/28 | €2,066 | €1,517 | -€549 | -26.6% |
| Intangible fixed assets | 21 | - | €1 | +€1 | |
| Tangible fixed assets | 22/27 | €2,066 | €1,516 | -€550 | -26.6% |
| Furniture and vehicles | 24 | €2,066 | €1,516 | -€550 | -26.6% |
| Current assets | 29/58 | €175,131 | €630,643 | +€455,512 | +260% |
| Amounts receivable within one year | 40/41 | €1,936 | €15,297 | +€13,361 | +690% |
| Trade receivables | 40 | - | €13,172 | +€13,172 | |
| Other amounts receivable | 41 | €1,936 | €2,126 | +€189 | +9.8% |
| Current investments | 50/53 | - | €400,000 | +€400,000 | |
| Cash at bank and in hand | 54/58 | €173,194 | €215,345 | +€42,151 | +24.3% |
| Total equity and liabilities | 10/49 | €177,196 | €632,160 | +€454,963 | +257% |
| Equity | 10/15 | €175,563 | €625,393 | +€449,830 | +256% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €145,563 | €595,393 | +€449,830 | +309% |
| Distributable reserves | 133 | €145,563 | €595,393 | +€449,830 | +309% |
| Amounts payable | 17/49 | €1,634 | €6,766 | +€5,133 | +314% |
| Amounts payable within one year | 42/48 | €1,634 | €6,766 | +€5,133 | +314% |
| Trade debts | 44 | - | €2,982 | +€2,982 | |
| Suppliers | 440/4 | - | €2,982 | +€2,982 | |
| Other amounts payable | 47/48 | €1,634 | €3,784 | +€2,151 | +132% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €550 | €550 | +€0 | 0.0% |
| Other operating charges | 640/8 | €848 | €1,251 | +€403 | +47.6% |
| Gross operating margin | 9900 | €36,462 | €448,895 | +€412,433 | +1,131% |
| Operating profit (loss) | 9901 | €35,065 | €447,094 | +€412,029 | +1,175% |
| Financial income | 75/76B | €0 | €2,863 | +€2,863 | +3,181,378% |
| Recurring financial income | 75 | €0 | €2,863 | +€2,863 | +3,181,378% |
| Financial charges | 65/66B | €79 | €127 | +€48 | +61.7% |
| Recurring financial charges | 65 | €79 | €127 | +€48 | +61.7% |
| Profit (loss) for the period before taxes | 9903 | €34,986 | €449,830 | +€414,844 | +1,186% |
| Profit (loss) for the period | 9904 | €34,986 | €449,830 | +€414,844 | +1,186% |
| Profit (loss) for the period to be appropriated | 9905 | €34,986 | €449,830 | +€414,844 | +1,186% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.