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Inovat: 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.

What changed

Inovat

BE 0778.288.012
NACE 70.200, Business and other management consultancy
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€2,380
2023 · -€6,070+€3,690
Equity
-€9,447
2023 · -€7,067-€2,380
Cash
€13
2023 · €10+€3
Balance sheet total
€15,162
2023 · €2,579+€12,583

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€12,580

    up €12,580 (+490%), from €2,569 to €15,149

    of which Trade receivables: +€10,944

Equity and liabilities
  • Trade debts +€12,142

    up €12,142 (+281%), from €4,316 to €16,458

  • Other debts +€2,821

    up €2,821 (+52.9%), from €5,330 to €8,151

  • Profit (loss) carried forward -€2,380

    down €2,380 (-21.5%), from -€11,067 to -€13,447

Income statement
  • Gross operating margin +€3,866

    up €3,866 (+64.0%), from -€6,041 to -€2,175

  • Financial charges +€176

    up €176 (+607%), from €29 to €205

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€6,070
Gross operating margin +€3,866
Financial charges -€176
Result 2024 -€2,380
raises the resultlowers the result

Derived cash bridge

cash 2023 to 2024

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.

From operations +€3
Investment €0
Financing €0
Cash 2023 €10
Net result for the year -€2,380
Receivables within one year -€12,580
Trade debts +€12,142
Other debts +€2,821
Cash 2024 €13
brings cash intakes cash out
Every line side by side 22 lines
Line Code 2023 2024 Change %
Total assets 20/58 €2,579 €15,162 +€12,583 +488%
Current assets 29/58 €2,579 €15,162 +€12,583 +488%
Amounts receivable within one year 40/41 €2,569 €15,149 +€12,580 +490%
Trade receivables 40 €1,300 €12,244 +€10,944 +842%
Other amounts receivable 41 €1,269 €2,905 +€1,636 +129%
Cash at bank and in hand 54/58 €10 €13 +€3 +30.0%
Total equity and liabilities 10/49 €2,579 €15,162 +€12,583 +488%
Equity 10/15 -€7,067 -€9,447 -€2,380 -33.7%
Contributions 10/11 €4,000 €4,000 = 0.0%
Profit (loss) carried forward 14 -€11,067 -€13,447 -€2,380 -21.5%
Amounts payable 17/49 €9,646 €24,609 +€14,963 +155%
Amounts payable within one year 42/48 €9,646 €24,609 +€14,963 +155%
Trade debts 44 €4,316 €16,458 +€12,142 +281%
Suppliers 440/4 €4,316 €16,458 +€12,142 +281%
Other amounts payable 47/48 €5,330 €8,151 +€2,821 +52.9%
Gross operating margin 9900 -€6,041 -€2,175 +€3,866 +64.0%
Operating profit (loss) 9901 -€6,041 -€2,175 +€3,866 +64.0%
Financial charges 65/66B €29 €205 +€176 +607%
Recurring financial charges 65 €29 €205 +€176 +607%
Profit (loss) for the period before taxes 9903 -€6,070 -€2,380 +€3,690 +60.8%
Profit (loss) for the period 9904 -€6,070 -€2,380 +€3,690 +60.8%
Profit (loss) for the period to be appropriated 9905 -€6,070 -€2,380 +€3,690 +60.8%

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 24 October 2026 via checked.be.