InnovDCO: 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.
InnovDCO
Largest movements
- Cash -€1,569
down €1,569 (-92.9%), from €1,689 to €120
mainly Net result for the year (-€1,783) and Trade debts (-€1,352)
- Receivables within one year -€1,367
down €1,367 (-79.4%), from €1,722 to €355
of which Trade receivables: -€1,078
- Tangible fixed assets -€178
down €178 (-21.5%), from €830 to €652
- Profit (loss) carried forward -€1,783
down €1,783 (-156%), from -€1,145 to -€2,927
- Trade debts -€1,352
no longer reported in 2024 (was €1,352)
- Gross operating margin -€538
down €538 (-53.5%), from -€1,005 to -€1,543
- Depreciation +€84
up €84 (+88.6%), from €95 to €178
- Financial charges +€17
up €17 (+37.7%), from €45 to €62
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 | €4,241 | €1,127 | -€3,114 | -73.4% |
| Fixed assets | 21/28 | €830 | €652 | -€178 | -21.5% |
| Tangible fixed assets | 22/27 | €830 | €652 | -€178 | -21.5% |
| Plant, machinery and equipment | 23 | €830 | €652 | -€178 | -21.5% |
| Current assets | 29/58 | €3,411 | €475 | -€2,936 | -86.1% |
| Amounts receivable within one year | 40/41 | €1,722 | €355 | -€1,367 | -79.4% |
| Trade receivables | 40 | €1,275 | €197 | -€1,078 | -84.5% |
| Other amounts receivable | 41 | €447 | €158 | -€289 | -64.8% |
| Cash at bank and in hand | 54/58 | €1,689 | €120 | -€1,569 | -92.9% |
| Total equity and liabilities | 10/49 | €4,241 | €1,127 | -€3,114 | -73.4% |
| Equity | 10/15 | €1,855 | €73 | -€1,783 | -96.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,145 | -€2,927 | -€1,783 | -156% |
| Amounts payable | 17/49 | €2,386 | €1,054 | -€1,332 | -55.8% |
| Amounts payable within one year | 42/48 | €2,386 | €1,054 | -€1,332 | -55.8% |
| Trade debts | 44 | €1,352 | - | -€1,352 | |
| Suppliers | 440/4 | €1,352 | - | -€1,352 | |
| Other amounts payable | 47/48 | €1,034 | €1,054 | +€20 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95 | €178 | +€84 | +88.6% |
| Gross operating margin | 9900 | -€1,005 | -€1,543 | -€538 | -53.5% |
| Operating profit (loss) | 9901 | -€1,100 | -€1,721 | -€621 | -56.5% |
| Financial charges | 65/66B | €45 | €62 | +€17 | +37.7% |
| Recurring financial charges | 65 | €45 | €62 | +€17 | +37.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,145 | -€1,783 | -€638 | -55.8% |
| Profit (loss) for the period | 9904 | -€1,145 | -€1,783 | -€638 | -55.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,145 | -€1,783 | -€638 | -55.8% |
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 13 October 2026 via checked.be.