VM INNOVATION: what changed
Two fiscal 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.
VM INNOVATION
Largest movements
- Tangible fixed assets +€4,285
new in 2024: €4,285
- Cash +€1,237
new in 2024: €1,237
mainly Other debts (+€34,726) and Trade debts (+€698)
- Receivables within one year +€416
up €416 (+4.2%), from €10,000 to €10,416
of which Trade receivables: +€2,506
- Deferred charges and accrued income +€254
new in 2024: €254
- Other debts +€34,726
new in 2024: €34,726
- Profit (loss) carried forward -€29,232
new in 2024: -€29,232
- Trade debts +€698
new in 2024: €698
- Gross operating margin -€29,122
new in 2024: -€29,122
From the 2023 result to the 2024 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
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 | €10,000 | €16,191 | +€6,191 | +61.9% |
| Fixed assets | 21/28 | - | €4,285 | +€4,285 | |
| Tangible fixed assets | 22/27 | - | €4,285 | +€4,285 | |
| Plant, machinery and equipment | 23 | - | €4,285 | +€4,285 | |
| Current assets | 29/58 | €10,000 | €11,906 | +€1,906 | +19.1% |
| Amounts receivable within one year | 40/41 | €10,000 | €10,416 | +€416 | +4.2% |
| Trade receivables | 40 | - | €2,506 | +€2,506 | |
| Other amounts receivable | 41 | €10,000 | €7,910 | -€2,090 | -20.9% |
| Cash at bank and in hand | 54/58 | - | €1,237 | +€1,237 | |
| Deferred charges and accrued income | 490/1 | - | €254 | +€254 | |
| Total equity and liabilities | 10/49 | €10,000 | €16,191 | +€6,191 | +61.9% |
| Equity | 10/15 | €10,000 | -€19,232 | -€29,232 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€29,232 | -€29,232 | |
| Amounts payable | 17/49 | - | €35,423 | +€35,423 | |
| Amounts payable within one year | 42/48 | - | €35,423 | +€35,423 | |
| Trade debts | 44 | - | €698 | +€698 | |
| Bills of exchange payable | 441 | - | €698 | +€698 | |
| Other amounts payable | 47/48 | - | €34,726 | +€34,726 | |
| Gross operating margin | 9900 | - | -€29,122 | -€29,122 | |
| Operating profit (loss) | 9901 | - | -€29,122 | -€29,122 | |
| Financial charges | 65/66B | - | €110 | +€110 | |
| Recurring financial charges | 65 | - | €110 | +€110 | |
| Profit (loss) for the period before taxes | 9903 | - | -€29,232 | -€29,232 | |
| Profit (loss) for the period | 9904 | - | -€29,232 | -€29,232 | |
| Profit (loss) for the period to be appropriated | 9905 | - | -€29,232 | -€29,232 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.