INNOVALIA: what changed
Two fiscal 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.
INNOVALIA
Largest movements
- Tangible fixed assets +€12,916
up €12,916 (+487.0%), from €2,652 to €15,569
- Receivables within one year +€12,682
up €12,682 (+220.4%), from €5,753 to €18,435
of which Trade receivables: +€13,534
- Cash +€6,096
up €6,096 (+86717.1%), from €7 to €6,103
mainly Net result for the year (+€28,175) and Tax, wage and social debts (+€9,109)
- Stocks and contracts -€6,050
down €6,050 (-63.6%), from €9,511 to €3,461
- Profit (loss) carried forward +€28,175
up €28,175, from -€1,560 to €26,615
- Tax, wage and social debts +€9,109
new in 2024: €9,109
- Other debts -€9,017
down €9,017 (-71.2%), from €12,661 to €3,644
- Trade debts -€2,623
down €2,623 (-54.4%), from €4,821 to €2,198
- Gross operating margin +€42,976
up €42,976, from -€819 to €42,157
- Taxes +€7,985
new in 2024: €7,985
- Depreciation +€5,715
up €5,715 (+2377.3%), from €240 to €5,955
- Other operating charges -€500
no longer reported in 2024 (was €500)
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.
Cash bridge derived
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 | €17,923 | €43,567 | +€25,644 | +143.1% |
| Fixed assets | 21/28 | €2,652 | €15,569 | +€12,916 | +487.0% |
| Tangible fixed assets | 22/27 | €2,652 | €15,569 | +€12,916 | +487.0% |
| Plant, machinery and equipment | 23 | €2,652 | €15,569 | +€12,916 | +487.0% |
| Current assets | 29/58 | €15,271 | €27,999 | +€12,728 | +83.4% |
| Stocks and contracts in progress | 3 | €9,511 | €3,461 | -€6,050 | -63.6% |
| Stocks | 30/36 | €9,511 | €3,461 | -€6,050 | -63.6% |
| Amounts receivable within one year | 40/41 | €5,753 | €18,435 | +€12,682 | +220.4% |
| Trade receivables | 40 | €4,900 | €18,435 | +€13,534 | +276.2% |
| Other amounts receivable | 41 | €853 | - | -€853 | |
| Cash at bank and in hand | 54/58 | €7 | €6,103 | +€6,096 | +86717.1% |
| Total equity and liabilities | 10/49 | €17,923 | €43,567 | +€25,644 | +143.1% |
| Equity | 10/15 | €440 | €28,615 | +€28,175 | +6397.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,560 | €26,615 | +€28,175 | |
| Amounts payable | 17/49 | €17,482 | €14,952 | -€2,530 | -14.5% |
| Amounts payable within one year | 42/48 | €17,482 | €14,952 | -€2,530 | -14.5% |
| Trade debts | 44 | €4,821 | €2,198 | -€2,623 | -54.4% |
| Suppliers | 440/4 | €4,821 | €2,198 | -€2,623 | -54.4% |
| Taxes, remuneration and social security | 45 | - | €9,109 | +€9,109 | |
| Taxes | 450/3 | - | €9,109 | +€9,109 | |
| Other amounts payable | 47/48 | €12,661 | €3,644 | -€9,017 | -71.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €240 | €5,955 | +€5,715 | +2377.3% |
| Other operating charges | 640/8 | €500 | - | -€500 | |
| Gross operating margin | 9900 | -€819 | €42,157 | +€42,976 | |
| Operating profit (loss) | 9901 | -€1,560 | €36,201 | +€37,761 | |
| Financial charges | 65/66B | - | €41 | +€41 | |
| Recurring financial charges | 65 | - | €41 | +€41 | |
| Profit (loss) for the period before taxes | 9903 | -€1,560 | €36,160 | +€37,720 | |
| Income taxes | 67/77 | - | €7,985 | +€7,985 | |
| Profit (loss) for the period | 9904 | -€1,560 | €28,175 | +€29,734 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,560 | €28,175 | +€29,734 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.