INOVAE: 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.
INOVAE
Largest movements
- Financial fixed assets -€32,000
no longer reported in 2024 (was €32,000)
- Receivables within one year -€3,435
down €3,435 (-57.1%), from €6,016 to €2,581
of which Trade receivables: -€3,700
- Other debts -€37,056
down €37,056 (-97.5%), from €38,001 to €945
- Profit (loss) carried forward +€5,151
up €5,151 (+76.3%), from -€6,750 to -€1,599
- Tax, wage and social debts -€1,634
no longer reported in 2024 (was €1,634)
- Accrued charges and deferred income -€1,549
no longer reported in 2024 (was €1,549)
- Trade debts -€667
down €667 (-73.9%), from €903 to €236
- Gross operating margin -€759
down €759 (-12.0%), from €6,321 to €5,562
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.
Cash bridge derived
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 | €38,337 | €2,582 | -€35,755 | -93.3% |
| Fixed assets | 21/28 | €32,000 | - | -€32,000 | |
| Financial fixed assets | 28 | €32,000 | - | -€32,000 | |
| Current assets | 29/58 | €6,337 | €2,582 | -€3,755 | -59.3% |
| Amounts receivable within one year | 40/41 | €6,016 | €2,581 | -€3,435 | -57.1% |
| Trade receivables | 40 | €3,700 | - | -€3,700 | |
| Other amounts receivable | 41 | €2,316 | €2,581 | +€265 | +11.4% |
| Cash at bank and in hand | 54/58 | €62 | €1 | -€61 | -98.4% |
| Deferred charges and accrued income | 490/1 | €259 | - | -€259 | |
| Total equity and liabilities | 10/49 | €38,337 | €2,582 | -€35,755 | -93.3% |
| Equity | 10/15 | -€3,750 | €1,401 | +€5,151 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,750 | -€1,599 | +€5,151 | +76.3% |
| Amounts payable | 17/49 | €42,087 | €1,181 | -€40,906 | -97.2% |
| Amounts payable within one year | 42/48 | €40,538 | €1,181 | -€39,357 | -97.1% |
| Trade debts | 44 | €903 | €236 | -€667 | -73.9% |
| Suppliers | 440/4 | €903 | €236 | -€667 | -73.9% |
| Taxes, remuneration and social security | 45 | €1,634 | - | -€1,634 | |
| Taxes | 450/3 | €1,634 | - | -€1,634 | |
| Other amounts payable | 47/48 | €38,001 | €945 | -€37,056 | -97.5% |
| Accrued charges and deferred income | 492/3 | €1,549 | - | -€1,549 | |
| Other operating charges | 640/8 | €85 | €85 | = | 0.0% |
| Gross operating margin | 9900 | €6,321 | €5,562 | -€759 | -12.0% |
| Operating profit (loss) | 9901 | €6,236 | €5,477 | -€759 | -12.2% |
| Financial charges | 65/66B | €306 | €326 | +€20 | +6.5% |
| Recurring financial charges | 65 | €306 | €326 | +€20 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | €5,930 | €5,151 | -€779 | -13.1% |
| Profit (loss) for the period | 9904 | €5,930 | €5,151 | -€779 | -13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,930 | €5,151 | -€779 | -13.1% |
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 12 October 2026 via checked.be.