INNOVALUX: 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.
INNOVALUX
Largest movements
- Tangible fixed assets -€17,004
down €17,004 (-4.1%), from €410,023 to €393,019
of which Land and buildings: -€9,615
- Debts after one year -€23,490
down €23,490 (-8.1%), from €290,113 to €266,623
- Reserves +€16,615
up €16,615 (+12.6%), from €131,377 to €147,991
of which Distributable reserves: +€16,615
- Depreciation -€25,873
down €25,873 (-60.3%), from €42,877 to €17,004
- Write-downs +€25,834
up €25,834, from €0 to €25,834
- Gross operating margin +€6,344
up €6,344 (+8.4%), from €75,535 to €81,878
- Financial charges +€5,086
up €5,086 (+65.3%), from €7,793 to €12,879
- Other operating charges +€2,096
up €2,096 (+86.7%), from €2,419 to €4,515
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 | €502,341 | €496,927 | -€5,414 | -1.1% |
| Fixed assets | 21/28 | €410,023 | €393,019 | -€17,004 | -4.1% |
| Tangible fixed assets | 22/27 | €410,023 | €393,019 | -€17,004 | -4.1% |
| Land and buildings | 22 | €379,561 | €369,946 | -€9,615 | -2.5% |
| Plant, machinery and equipment | 23 | €429 | €0 | -€429 | -100% |
| Furniture and vehicles | 24 | €30,033 | €23,073 | -€6,960 | -23.2% |
| Current assets | 29/58 | €92,318 | €103,908 | +€11,590 | +12.6% |
| Amounts receivable after more than one year | 29 | €70,000 | €70,000 | = | 0.0% |
| Other amounts receivable | 291 | €70,000 | €70,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €3,002 | €7,385 | +€4,383 | +146% |
| Contracts in progress | 37 | €3,002 | €7,385 | +€4,383 | +146% |
| Amounts receivable within one year | 40/41 | €16,310 | €19,674 | +€3,364 | +20.6% |
| Trade receivables | 40 | €6,836 | €10,674 | +€3,838 | +56.1% |
| Other amounts receivable | 41 | €9,474 | €8,999 | -€474 | -5.0% |
| Cash at bank and in hand | 54/58 | €1,186 | €529 | -€658 | -55.4% |
| Deferred charges and accrued income | 490/1 | €1,820 | €6,320 | +€4,500 | +247% |
| Total equity and liabilities | 10/49 | €502,341 | €496,927 | -€5,414 | -1.1% |
| Equity | 10/15 | €137,577 | €154,191 | +€16,615 | +12.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €131,377 | €147,991 | +€16,615 | +12.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €131,377 | €147,991 | +€16,615 | +12.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €364,764 | €342,736 | -€22,029 | -6.0% |
| Amounts payable after more than one year | 17 | €290,113 | €266,623 | -€23,490 | -8.1% |
| Financial debts | 170/4 | €290,113 | €266,623 | -€23,490 | -8.1% |
| Amounts payable within one year | 42/48 | €74,651 | €75,127 | +€476 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €22,824 | €23,490 | +€666 | +2.9% |
| Trade debts | 44 | €34,578 | €31,692 | -€2,885 | -8.3% |
| Suppliers | 440/4 | €34,578 | €31,692 | -€2,885 | -8.3% |
| Taxes, remuneration and social security | 45 | €17,250 | €19,945 | +€2,695 | +15.6% |
| Taxes | 450/3 | €17,250 | €19,945 | +€2,695 | +15.6% |
| Accrued charges and deferred income | 492/3 | - | €985 | +€985 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,877 | €17,004 | -€25,873 | -60.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €25,834 | +€25,834 | |
| Other operating charges | 640/8 | €2,419 | €4,515 | +€2,096 | +86.7% |
| Gross operating margin | 9900 | €75,535 | €81,878 | +€6,344 | +8.4% |
| Operating profit (loss) | 9901 | €30,239 | €34,525 | +€4,286 | +14.2% |
| Financial income | 75/76B | €1,898 | €1,820 | -€78 | -4.1% |
| Recurring financial income | 75 | €1,898 | €1,820 | -€78 | -4.1% |
| Financial charges | 65/66B | €7,793 | €12,879 | +€5,086 | +65.3% |
| Recurring financial charges | 65 | €7,793 | €12,879 | +€5,086 | +65.3% |
| Profit (loss) for the period before taxes | 9903 | €24,344 | €23,466 | -€878 | -3.6% |
| Income taxes | 67/77 | €6,976 | €6,852 | -€125 | -1.8% |
| Profit (loss) for the period | 9904 | €17,368 | €16,615 | -€753 | -4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,368 | €16,615 | -€753 | -4.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.