Innovation Crib: what changed
Innovation Crib
Largest movements
- Tangible fixed assets -€330,951
down €330,951 (-95.7%), from €345,748 to €14,797
of which Land and buildings: -€310,317
- Receivables within one year +€75,043
up €75,043 (+142%), from €52,692 to €127,735
of which Trade receivables: +€44,790
- Current investments -€54,324
down €54,324 (-44.6%), from €121,856 to €67,533
- Cash +€46,179
up €46,179 (+236%), from €19,595 to €65,774
mainly Investment in fixed assets (net) (+€321,234) and Net result for the year (+€120,461)
- Debts after one year -€225,493
no longer reported in 2025 (was €225,493)
- Trade debts -€138,814
down €138,814 (-99.6%), from €139,414 to €600
- Profit (loss) carried forward +€120,461
up €120,461 (+351%), from €34,305 to €154,766
- Current portion of long-term debt -€42,257
no longer reported in 2025 (was €42,257)
- Tax, wage and social debts +€22,050
up €22,050 (+28.3%), from €77,963 to €100,013
of which Taxes: +€73,766
- Gross operating margin +€183,040
up €183,040 (+89.2%), from €205,101 to €388,141
- Staff costs -€106,157
down €106,157 (-31.6%), from €336,422 to €230,265
- Financial charges +€16,311
up €16,311 (+150%), from €10,855 to €27,166
- Depreciation -€10,711
down €10,711 (-52.4%), from €20,429 to €9,717
Change in the result, 31-12-2024 to 31-12-2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €539,891 | €275,839 | -€264,053 | -48.9% |
| Fixed assets | 21/28 | €345,748 | €14,797 | -€330,951 | -95.7% |
| Tangible fixed assets | 22/27 | €345,748 | €14,797 | -€330,951 | -95.7% |
| Land and buildings | 22 | €310,317 | - | -€310,317 | |
| Plant, machinery and equipment | 23 | €5,429 | €4,100 | -€1,328 | -24.5% |
| Furniture and vehicles | 24 | €13,906 | €10,697 | -€3,209 | -23.1% |
| Other tangible fixed assets | 26 | €16,096 | - | -€16,096 | |
| Current assets | 29/58 | €194,143 | €261,041 | +€66,898 | +34.5% |
| Amounts receivable within one year | 40/41 | €52,692 | €127,735 | +€75,043 | +142% |
| Trade receivables | 40 | €17,216 | €62,006 | +€44,790 | +260% |
| Other amounts receivable | 41 | €35,476 | €65,729 | +€30,253 | +85.3% |
| Current investments | 50/53 | €121,856 | €67,533 | -€54,324 | -44.6% |
| Cash at bank and in hand | 54/58 | €19,595 | €65,774 | +€46,179 | +236% |
| Total equity and liabilities | 10/49 | €539,891 | €275,839 | -€264,053 | -48.9% |
| Equity | 10/15 | €54,765 | €175,226 | +€120,461 | +220% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,305 | €154,766 | +€120,461 | +351% |
| Amounts payable | 17/49 | €485,127 | €100,613 | -€384,514 | -79.3% |
| Amounts payable after more than one year | 17 | €225,493 | - | -€225,493 | |
| Financial debts | 170/4 | €225,493 | - | -€225,493 | |
| Amounts payable within one year | 42/48 | €259,634 | €100,613 | -€159,021 | -61.2% |
| Current portion of amounts payable after more than one year | 42 | €42,257 | - | -€42,257 | |
| Trade debts | 44 | €139,414 | €600 | -€138,814 | -99.6% |
| Suppliers | 440/4 | €139,414 | €600 | -€138,814 | -99.6% |
| Taxes, remuneration and social security | 45 | €77,963 | €100,013 | +€22,050 | +28.3% |
| Taxes | 450/3 | €26,247 | €100,013 | +€73,766 | +281% |
| Remuneration and social security | 454/9 | €51,716 | - | -€51,716 | |
| Non-recurring operating income | 76A | - | €123,861 | +€123,861 | |
| Remuneration, social security and pensions | 62 | €336,422 | €230,265 | -€106,157 | -31.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,429 | €9,717 | -€10,711 | -52.4% |
| Other operating charges | 640/8 | €4,660 | €4,379 | -€280 | -6.0% |
| Gross operating margin | 9900 | €205,101 | €388,141 | +€183,040 | +89.2% |
| Operating profit (loss) | 9901 | -€156,410 | €143,779 | +€300,189 | |
| Financial income | 75/76B | €1,806 | €4,484 | +€2,679 | +148% |
| Recurring financial income | 75 | €1,806 | €4,484 | +€2,679 | +148% |
| Financial charges | 65/66B | €10,855 | €27,166 | +€16,311 | +150% |
| Recurring financial charges | 65 | €10,855 | €27,166 | +€16,311 | +150% |
| Profit (loss) for the period before taxes | 9903 | -€165,459 | €121,097 | +€286,557 | |
| Income taxes | 67/77 | €3,272 | €636 | -€2,636 | -80.6% |
| Profit (loss) for the period | 9904 | -€168,731 | €120,461 | +€289,193 | |
| Profit (loss) for the period to be appropriated | 9905 | -€168,731 | €120,461 | +€289,193 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.