iNNOVATION dESIGNED: 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.
iNNOVATION dESIGNED
Largest movements
- Receivables within one year +€46,930
up €46,930 (+73.0%), from €64,281 to €111,211
of which Other amounts receivable: +€99,474
- Cash -€21,934
down €21,934 (-14.5%), from €151,215 to €129,281
mainly Receivables within one year (-€46,930) and Deferred charges and accrued income (-€5,000)
- Deferred charges and accrued income +€5,000
new in 2024: €5,000
- Reserves +€33,569
up €33,569 (+18.0%), from €186,147 to €219,716
- Other debts -€3,460
no longer reported in 2024 (was €3,460)
- Gross operating margin -€11,325
down €11,325 (-19.2%), from €58,958 to €47,633
- Depreciation -€5,989
no longer reported in 2024 (was €5,989)
- Taxes -€1,697
down €1,697 (-10.8%), from €15,720 to €14,023
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 | €215,496 | €245,492 | +€29,996 | +13.9% |
| Current assets | 29/58 | €215,496 | €245,492 | +€29,996 | +13.9% |
| Amounts receivable within one year | 40/41 | €64,281 | €111,211 | +€46,930 | +73.0% |
| Trade receivables | 40 | €64,281 | €11,737 | -€52,544 | -81.7% |
| Other amounts receivable | 41 | - | €99,474 | +€99,474 | |
| Cash at bank and in hand | 54/58 | €151,215 | €129,281 | -€21,934 | -14.5% |
| Deferred charges and accrued income | 490/1 | - | €5,000 | +€5,000 | |
| Total equity and liabilities | 10/49 | €215,496 | €245,492 | +€29,996 | +13.9% |
| Equity | 10/15 | €198,547 | €232,116 | +€33,569 | +16.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €186,147 | €219,716 | +€33,569 | +18.0% |
| Distributable reserves | 133 | €186,147 | €219,716 | +€33,569 | +18.0% |
| Amounts payable | 17/49 | €16,949 | €13,376 | -€3,573 | -21.1% |
| Amounts payable within one year | 42/48 | €16,866 | €13,376 | -€3,490 | -20.7% |
| Trade debts | 44 | €838 | €2,666 | +€1,828 | +218% |
| Suppliers | 440/4 | €838 | €2,666 | +€1,828 | +218% |
| Taxes, remuneration and social security | 45 | €12,568 | €10,710 | -€1,858 | -14.8% |
| Taxes | 450/3 | €12,568 | €6,526 | -€6,042 | -48.1% |
| Remuneration and social security | 454/9 | - | €4,184 | +€4,184 | |
| Other amounts payable | 47/48 | €3,460 | - | -€3,460 | |
| Accrued charges and deferred income | 492/3 | €83 | - | -€83 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,989 | - | -€5,989 | |
| Other operating charges | 640/8 | €795 | €507 | -€288 | -36.2% |
| Gross operating margin | 9900 | €58,958 | €47,633 | -€11,325 | -19.2% |
| Operating profit (loss) | 9901 | €52,174 | €47,126 | -€5,048 | -9.7% |
| Financial income | 75/76B | €541 | €569 | +€28 | +5.2% |
| Recurring financial income | 75 | €541 | €569 | +€28 | +5.2% |
| Financial charges | 65/66B | €100 | €103 | +€3 | +3.0% |
| Recurring financial charges | 65 | €100 | €103 | +€3 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €52,615 | €47,592 | -€5,023 | -9.5% |
| Income taxes | 67/77 | €15,720 | €14,023 | -€1,697 | -10.8% |
| Profit (loss) for the period | 9904 | €36,895 | €33,569 | -€3,326 | -9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,895 | €33,569 | -€3,326 | -9.0% |
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 21 October 2026 via checked.be.