INNOVATIE LEARNING ENVIRONMENTS: 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.
INNOVATIE LEARNING ENVIRONMENTS
Largest movements
- Receivables within one year +€102,257
up €102,257 (+205%), from €49,862 to €152,119
of which Other amounts receivable: +€102,257
- Deferred charges and accrued income -€29,167
down €29,167 (-100%), from €29,167 to €0
- Cash -€3,093
down €3,093 (-11.5%), from €26,953 to €23,860
mainly Receivables within one year (-€102,257) and Investment in fixed assets (net) (-€1,239)
- Profit (loss) carried forward +€41,867
up €41,867, from -€1,409 to €40,458
- Trade debts +€22,080
up €22,080 (+58.9%), from €37,480 to €59,560
- Tax, wage and social debts +€7,058
up €7,058 (+77.9%), from €9,063 to €16,121
- Gross operating margin +€12,787
up €12,787 (+33.6%), from €38,054 to €50,841
- Write-downs -€3,387
down €3,387 (-100%), from €3,387 to €0
- Other operating charges +€900
up €900 (+220%), from €409 to €1,309
- Financial charges +€820
up €820 (+1,126%), from €73 to €893
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €106,907 | €177,912 | +€71,005 | +66.4% |
| Fixed assets | 21/28 | €924 | €1,932 | +€1,008 | +109% |
| Tangible fixed assets | 22/27 | €924 | €1,932 | +€1,008 | +109% |
| Furniture and vehicles | 24 | €924 | €1,932 | +€1,008 | +109% |
| Current assets | 29/58 | €105,983 | €175,980 | +€69,997 | +66.0% |
| Amounts receivable within one year | 40/41 | €49,862 | €152,119 | +€102,257 | +205% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €49,862 | €152,119 | +€102,257 | +205% |
| Current investments | 50/53 | €0 | €0 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €26,953 | €23,860 | -€3,093 | -11.5% |
| Deferred charges and accrued income | 490/1 | €29,167 | €0 | -€29,167 | -100% |
| Total equity and liabilities | 10/49 | €106,907 | €177,912 | +€71,005 | +66.4% |
| Equity | 10/15 | €24,364 | €66,231 | +€41,867 | +172% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,173 | €7,173 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €5,313 | €5,313 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,409 | €40,458 | +€41,867 | |
| Amounts payable | 17/49 | €82,543 | €111,680 | +€29,138 | +35.3% |
| Amounts payable within one year | 42/48 | €46,543 | €75,680 | +€29,138 | +62.6% |
| Trade debts | 44 | €37,480 | €59,560 | +€22,080 | +58.9% |
| Suppliers | 440/4 | €37,480 | €59,560 | +€22,080 | +58.9% |
| Taxes, remuneration and social security | 45 | €9,063 | €16,121 | +€7,058 | +77.9% |
| Taxes | 450/3 | €9,063 | €16,121 | +€7,058 | +77.9% |
| Accrued charges and deferred income | 492/3 | €36,000 | €36,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €156 | €231 | +€75 | +48.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,387 | €0 | -€3,387 | -100% |
| Other operating charges | 640/8 | €409 | €1,309 | +€900 | +220% |
| Gross operating margin | 9900 | €38,054 | €50,841 | +€12,787 | +33.6% |
| Operating profit (loss) | 9901 | €34,101 | €49,300 | +€15,199 | +44.6% |
| Financial income | 75/76B | €2,371 | €2,522 | +€150 | +6.3% |
| Recurring financial income | 75 | €2,371 | €2,522 | +€150 | +6.3% |
| Financial charges | 65/66B | €73 | €893 | +€820 | +1,126% |
| Recurring financial charges | 65 | €73 | €893 | +€820 | +1,126% |
| Profit (loss) for the period before taxes | 9903 | €36,400 | €50,930 | +€14,530 | +39.9% |
| Income taxes | 67/77 | €9,063 | €9,063 | = | 0.0% |
| Profit (loss) for the period | 9904 | €27,337 | €41,867 | +€14,530 | +53.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,337 | €41,867 | +€14,530 | +53.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.