INNOVATION PARK: 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 PARK
Largest movements
- Receivables within one year +€35,752
up €35,752 (+1,324%), from €2,699 to €38,452
of which Trade receivables: +€36,204
- Other debts +€20,590
up €20,590 (+90.0%), from €22,868 to €43,458
- Advances received +€6,838
new in 2025: €6,838
- Profit (loss) carried forward +€3,227
up €3,227 (+13.1%), from -€24,640 to -€21,412
- Trade debts +€2,884
up €2,884 (+1,508%), from €191 to €3,075
- Tax, wage and social debts +€1,975
new in 2025: €1,975
- Other operating charges +€345
new in 2025: €345
- Gross operating margin +€324
up €324 (+8.6%), from €3,772 to €4,097
- Depreciation +€123
up €123 (+100%), from €123 to €246
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 | €3,420 | €38,934 | +€35,515 | +1,038% |
| Fixed assets | 21/28 | €720 | €474 | -€246 | -34.2% |
| Tangible fixed assets | 22/27 | €720 | €474 | -€246 | -34.2% |
| Furniture and vehicles | 24 | €720 | €474 | -€246 | -34.2% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €2,699 | €38,460 | +€35,761 | +1,325% |
| Amounts receivable within one year | 40/41 | €2,699 | €38,452 | +€35,752 | +1,324% |
| Trade receivables | 40 | €2,248 | €38,452 | +€36,204 | +1,611% |
| Other amounts receivable | 41 | €452 | - | -€452 | |
| Cash at bank and in hand | 54/58 | - | €8 | +€8 | |
| Total equity and liabilities | 10/49 | €3,420 | €38,934 | +€35,515 | +1,038% |
| Equity | 10/15 | -€19,640 | -€16,412 | +€3,227 | +16.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,640 | -€21,412 | +€3,227 | +13.1% |
| Amounts payable | 17/49 | €23,059 | €55,346 | +€32,287 | +140% |
| Amounts payable within one year | 42/48 | €23,059 | €55,346 | +€32,287 | +140% |
| Trade debts | 44 | €191 | €3,075 | +€2,884 | +1,508% |
| Suppliers | 440/4 | €191 | €3,075 | +€2,884 | +1,508% |
| Advances received on contracts in progress | 46 | - | €6,838 | +€6,838 | |
| Taxes, remuneration and social security | 45 | - | €1,975 | +€1,975 | |
| Taxes | 450/3 | - | €1,975 | +€1,975 | |
| Other amounts payable | 47/48 | €22,868 | €43,458 | +€20,590 | +90.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €123 | €246 | +€123 | +100% |
| Other operating charges | 640/8 | - | €345 | +€345 | |
| Gross operating margin | 9900 | €3,772 | €4,097 | +€324 | +8.6% |
| Operating profit (loss) | 9901 | €3,649 | €3,506 | -€143 | -3.9% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €319 | €278 | -€41 | -12.8% |
| Recurring financial charges | 65 | €319 | €278 | -€41 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €3,340 | €3,227 | -€112 | -3.4% |
| Profit (loss) for the period | 9904 | €3,340 | €3,227 | -€112 | -3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,340 | €3,227 | -€112 | -3.4% |
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.