INOTEK: 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.
INOTEK
Largest movements
- Receivables within one year +€25,766
up €25,766 (+60.8%), from €42,382 to €68,148
of which Other amounts receivable: +€22,582
- Cash -€18,857
no longer reported in 2024 (was €18,857)
mainly Contributions, distributions and other (-€57,866) and Receivables within one year (-€25,766)
- Current investments -€1,000
no longer reported in 2024 (was €1,000)
- Short-term financial debts +€4,142
new in 2024: €4,142
- Trade debts +€1,666
up €1,666 (+38.2%), from €4,363 to €6,029
- Gross operating margin -€28,920
down €28,920 (-25.9%), from €111,674 to €82,754
- Other operating charges -€10,692
down €10,692 (-93.1%), from €11,487 to €795
- Taxes -€7,918
down €7,918 (-27.1%), from €29,258 to €21,341
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 | €66,185 | €72,506 | +€6,321 | +9.6% |
| Fixed assets | 21/28 | €3,067 | €3,507 | +€439 | +14.3% |
| Tangible fixed assets | 22/27 | €3,067 | €3,507 | +€439 | +14.3% |
| Land and buildings | 22 | €1,561 | €1,117 | -€444 | -28.5% |
| Plant, machinery and equipment | 23 | €1,506 | €2,390 | +€884 | +58.7% |
| Current assets | 29/58 | €63,118 | €68,999 | +€5,881 | +9.3% |
| Amounts receivable within one year | 40/41 | €42,382 | €68,148 | +€25,766 | +60.8% |
| Trade receivables | 40 | €30,874 | €34,058 | +€3,184 | +10.3% |
| Other amounts receivable | 41 | €11,508 | €34,090 | +€22,582 | +196% |
| Current investments | 50/53 | €1,000 | - | -€1,000 | |
| Cash at bank and in hand | 54/58 | €18,857 | - | -€18,857 | |
| Deferred charges and accrued income | 490/1 | €879 | €851 | -€28 | -3.2% |
| Total equity and liabilities | 10/49 | €66,185 | €72,506 | +€6,321 | +9.6% |
| Equity | 10/15 | €39,800 | €39,800 | = | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €33,600 | €33,600 | = | 0.0% |
| Distributable reserves | 133 | €33,600 | €33,600 | = | 0.0% |
| Amounts payable | 17/49 | €26,386 | €32,706 | +€6,321 | +24.0% |
| Amounts payable within one year | 42/48 | €26,386 | €32,706 | +€6,321 | +24.0% |
| Financial debts | 43 | - | €4,142 | +€4,142 | |
| Credit institutions | 430/8 | - | €4,142 | +€4,142 | |
| Trade debts | 44 | €4,363 | €6,029 | +€1,666 | +38.2% |
| Suppliers | 440/4 | €4,363 | €6,029 | +€1,666 | +38.2% |
| Taxes, remuneration and social security | 45 | €21,970 | €22,535 | +€565 | +2.6% |
| Taxes | 450/3 | €21,834 | €22,535 | +€701 | +3.2% |
| Remuneration and social security | 454/9 | €136 | - | -€136 | |
| Other amounts payable | 47/48 | €52 | - | -€52 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,120 | €2,004 | -€116 | -5.5% |
| Other operating charges | 640/8 | €11,487 | €795 | -€10,692 | -93.1% |
| Gross operating margin | 9900 | €111,674 | €82,754 | -€28,920 | -25.9% |
| Operating profit (loss) | 9901 | €98,068 | €79,955 | -€18,113 | -18.5% |
| Financial charges | 65/66B | €541 | €749 | +€208 | +38.4% |
| Recurring financial charges | 65 | €541 | €749 | +€208 | +38.4% |
| Profit (loss) for the period before taxes | 9903 | €97,527 | €79,207 | -€18,320 | -18.8% |
| Income taxes | 67/77 | €29,258 | €21,341 | -€7,918 | -27.1% |
| Profit (loss) for the period | 9904 | €68,269 | €57,866 | -€10,403 | -15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €68,269 | €57,866 | -€10,403 | -15.2% |
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 18 October 2026 via checked.be.