Next Frontier Innovation: what changed
Next Frontier Innovation
Largest movements
- Receivables within one year +€64,660
up €64,660 (+298%), from €21,695 to €86,355
of which Other amounts receivable: +€66,473
- Cash +€6,686
up €6,686 (+163,469%), from €4 to €6,690
mainly Tax, wage and social debts (+€36,984) and Net result for the year (+€34,803)
- Tax, wage and social debts +€36,984
up €36,984 (+264%), from €13,983 to €50,967
of which Taxes: +€37,484
- Profit (loss) carried forward +€34,803
up €34,803 (+396%), from €8,789 to €43,592
- Debts after one year -€1,960
down €1,960 (-35.5%), from €5,521 to €3,561
- Trade debts +€1,281
new in 2025: €1,281
- Gross operating margin +€44,593
up €44,593 (+1,574%), from €2,833 to €47,426
- Taxes +€12,838
new in 2025: €12,838
- Financial income +€2,412
up €2,412 (+302%), from €799 to €3,210
Change in the result, 2024 to 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 2024 and 2025 balance sheets and the 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,049 | €106,428 | +€70,379 | +195% |
| Fixed assets | 21/28 | €14,147 | €13,367 | -€780 | -5.5% |
| Tangible fixed assets | 22/27 | €14,147 | €13,367 | -€780 | -5.5% |
| Furniture and vehicles | 24 | €1,749 | €970 | -€780 | -44.6% |
| Assets under construction and advance payments | 27 | €12,398 | €12,398 | = | 0.0% |
| Current assets | 29/58 | €21,902 | €93,060 | +€71,159 | +325% |
| Amounts receivable within one year | 40/41 | €21,695 | €86,355 | +€64,660 | +298% |
| Trade receivables | 40 | €1,913 | €100 | -€1,813 | -94.8% |
| Other amounts receivable | 41 | €19,782 | €86,255 | +€66,473 | +336% |
| Cash at bank and in hand | 54/58 | €4 | €6,690 | +€6,686 | +163,469% |
| Deferred charges and accrued income | 490/1 | €202 | €15 | -€187 | -92.5% |
| Total equity and liabilities | 10/49 | €36,049 | €106,428 | +€70,379 | +195% |
| Equity | 10/15 | €11,789 | €46,592 | +€34,803 | +295% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,789 | €43,592 | +€34,803 | +396% |
| Amounts payable | 17/49 | €24,260 | €59,835 | +€35,575 | +147% |
| Amounts payable after more than one year | 17 | €5,521 | €3,561 | -€1,960 | -35.5% |
| Financial debts | 170/4 | €5,521 | €3,561 | -€1,960 | -35.5% |
| Amounts payable within one year | 42/48 | €18,739 | €56,274 | +€37,536 | +200% |
| Current portion of amounts payable after more than one year | 42 | €4,756 | €4,026 | -€729 | -15.3% |
| Trade debts | 44 | - | €1,281 | +€1,281 | |
| Suppliers | 440/4 | - | €1,281 | +€1,281 | |
| Taxes, remuneration and social security | 45 | €13,983 | €50,967 | +€36,984 | +264% |
| Taxes | 450/3 | €11,733 | €49,217 | +€37,484 | +319% |
| Remuneration and social security | 454/9 | €2,250 | €1,750 | -€500 | -22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €759 | €780 | +€21 | +2.7% |
| Other operating charges | 640/8 | €372 | €758 | +€386 | +104% |
| Gross operating margin | 9900 | €2,833 | €47,426 | +€44,593 | +1,574% |
| Operating profit (loss) | 9901 | €1,702 | €45,888 | +€44,186 | +2,596% |
| Financial income | 75/76B | €799 | €3,210 | +€2,412 | +302% |
| Recurring financial income | 75 | €799 | €3,210 | +€2,412 | +302% |
| Financial charges | 65/66B | €1,900 | €1,457 | -€443 | -23.3% |
| Recurring financial charges | 65 | €1,900 | €1,457 | -€443 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | €601 | €47,642 | +€47,041 | +7,832% |
| Income taxes | 67/77 | - | €12,838 | +€12,838 | |
| Profit (loss) for the period | 9904 | €601 | €34,803 | +€34,203 | +5,695% |
| Profit (loss) for the period to be appropriated | 9905 | €601 | €34,803 | +€34,203 | +5,695% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.