INNOVATION BUILDING: 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.
INNOVATION BUILDING
Largest movements
- Deferred charges and accrued income -€39,971
no longer reported in 2025 (was €39,971)
- Tangible fixed assets -€9,430
down €9,430 (-57.5%), from €16,409 to €6,979
- Cash -€4,026
down €4,026 (-61.9%), from €6,504 to €2,478
mainly Net result for the year (-€43,187) and Trade debts (-€8,763)
- Profit (loss) carried forward -€43,187
down €43,187 (-81.6%), from €52,904 to €9,717
- Trade debts -€8,763
down €8,763 (-85.4%), from €10,256 to €1,492
- Tax, wage and social debts -€2,443
down €2,443 (-94.6%), from €2,582 to €139
- Other debts +€1,576
up €1,576 (+20.3%), from €7,757 to €9,333
- Gross operating margin -€80,893
down €80,893, from €47,929 to -€32,964
- Taxes -€4,021
down €4,021 (-99.9%), from €4,023 to €3
- Depreciation -€1,323
down €1,323 (-13.6%), from €9,762 to €8,438
- Other operating charges +€764
up €764 (+191%), from €400 to €1,164
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €78,498 | €25,680 | -€52,817 | -67.3% |
| Fixed assets | 21/28 | €16,409 | €6,979 | -€9,430 | -57.5% |
| Tangible fixed assets | 22/27 | €16,409 | €6,979 | -€9,430 | -57.5% |
| Furniture and vehicles | 24 | €16,409 | €6,979 | -€9,430 | -57.5% |
| Current assets | 29/58 | €62,088 | €18,701 | -€43,387 | -69.9% |
| Amounts receivable within one year | 40/41 | €15,613 | €16,223 | +€609 | +3.9% |
| Trade receivables | 40 | €4,227 | €10,615 | +€6,388 | +151% |
| Other amounts receivable | 41 | €11,386 | €5,608 | -€5,779 | -50.8% |
| Cash at bank and in hand | 54/58 | €6,504 | €2,478 | -€4,026 | -61.9% |
| Deferred charges and accrued income | 490/1 | €39,971 | - | -€39,971 | |
| Total equity and liabilities | 10/49 | €78,498 | €25,680 | -€52,817 | -67.3% |
| Equity | 10/15 | €57,904 | €14,717 | -€43,187 | -74.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,904 | €9,717 | -€43,187 | -81.6% |
| Amounts payable | 17/49 | €20,594 | €10,964 | -€9,631 | -46.8% |
| Amounts payable within one year | 42/48 | €20,594 | €10,964 | -€9,631 | -46.8% |
| Trade debts | 44 | €10,256 | €1,492 | -€8,763 | -85.4% |
| Suppliers | 440/4 | €10,256 | €1,492 | -€8,763 | -85.4% |
| Taxes, remuneration and social security | 45 | €2,582 | €139 | -€2,443 | -94.6% |
| Taxes | 450/3 | €2,582 | €139 | -€2,443 | -94.6% |
| Other amounts payable | 47/48 | €7,757 | €9,333 | +€1,576 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,762 | €8,438 | -€1,323 | -13.6% |
| Other operating charges | 640/8 | €400 | €1,164 | +€764 | +191% |
| Non-recurring operating charges | 66A | - | €292 | +€292 | |
| Gross operating margin | 9900 | €47,929 | -€32,964 | -€80,893 | |
| Operating profit (loss) | 9901 | €37,767 | -€42,858 | -€80,625 | |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €104 | €334 | +€231 | +222% |
| Recurring financial charges | 65 | €104 | €334 | +€231 | +222% |
| Profit (loss) for the period before taxes | 9903 | €37,663 | -€43,184 | -€80,847 | |
| Income taxes | 67/77 | €4,023 | €3 | -€4,021 | -99.9% |
| Profit (loss) for the period | 9904 | €33,640 | -€43,187 | -€76,826 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,640 | -€43,187 | -€76,826 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.