Next Generation Innovation: 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.
Next Generation Innovation
Largest movements
- Cash -€489,675
down €489,675 (-71.9%), from €680,984 to €191,309
mainly Other debts (-€697,755) and Tax, wage and social debts (-€277,156)
- Tangible fixed assets -€136,456
down €136,456 (-81.6%), from €167,142 to €30,686
- Intangible fixed assets -€68,819
down €68,819 (-15.3%), from €450,348 to €381,529
- Deferred charges and accrued income -€49,828
down €49,828 (-72.8%), from €68,457 to €18,629
- Receivables within one year -€19,573
down €19,573 (-7.1%), from €274,047 to €254,474
of which Trade receivables: -€10,582
- Other debts -€697,755
down €697,755 (-13.3%), from €5.2m to €4.5m
- Tax, wage and social debts -€277,156
no longer reported in 2025 (was €277,156)
- Accrued charges and deferred income +€184,740
up €184,740 (+811%), from €22,775 to €207,515
- Profit (loss) carried forward +€65,341
up €65,341 (+1.5%), from -€4.5m to -€4.4m
- Trade debts -€39,619
down €39,619 (-89.4%), from €44,301 to €4,682
- Financial income +€533,874
new in 2025: €533,874
- Financial charges -€341,632
down €341,632 (-96.9%), from €352,494 to €10,862
- Staff costs -€182,767
down €182,767 (-14.8%), from €1.2m to €1.1m
- Depreciation -€167,436
down €167,436 (-38.2%), from €438,665 to €271,229
- Taxes -€82,771
down €82,771 (-98.7%), from €83,828 to €1,057
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 | €1,647,809 | €883,360 | -€764,449 | -46.4% |
| Fixed assets | 21/28 | €624,321 | €418,948 | -€205,373 | -32.9% |
| Intangible fixed assets | 21 | €450,348 | €381,529 | -€68,819 | -15.3% |
| Tangible fixed assets | 22/27 | €167,142 | €30,686 | -€136,456 | -81.6% |
| Plant, machinery and equipment | 23 | €167,142 | €30,686 | -€136,456 | -81.6% |
| Financial fixed assets | 28 | €6,831 | €6,733 | -€98 | -1.4% |
| Current assets | 29/58 | €1,023,488 | €464,412 | -€559,076 | -54.6% |
| Amounts receivable within one year | 40/41 | €274,047 | €254,474 | -€19,573 | -7.1% |
| Trade receivables | 40 | €260,738 | €250,156 | -€10,582 | -4.1% |
| Other amounts receivable | 41 | €13,309 | €4,318 | -€8,991 | -67.6% |
| Cash at bank and in hand | 54/58 | €680,984 | €191,309 | -€489,675 | -71.9% |
| Deferred charges and accrued income | 490/1 | €68,457 | €18,629 | -€49,828 | -72.8% |
| Total equity and liabilities | 10/49 | €1,647,809 | €883,360 | -€764,449 | -46.4% |
| Equity | 10/15 | -€3,945,017 | -€3,879,676 | +€65,341 | +1.7% |
| Contributions | 10/11 | €518,600 | €518,600 | = | 0.0% |
| Reserves | 13 | €19,003 | €19,003 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,003 | €19,003 | = | 0.0% |
| Reserves not available under the articles | 1311 | €19,003 | €19,003 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,482,620 | -€4,417,279 | +€65,341 | +1.5% |
| Amounts payable | 17/49 | €5,592,826 | €4,763,036 | -€829,790 | -14.8% |
| Amounts payable after more than one year | 17 | €5,910 | €5,910 | = | 0.0% |
| Other amounts payable | 178/9 | €5,910 | €5,910 | = | 0.0% |
| Amounts payable within one year | 42/48 | €5,564,141 | €4,549,611 | -€1.0m | -18.2% |
| Trade debts | 44 | €44,301 | €4,682 | -€39,619 | -89.4% |
| Suppliers | 440/4 | €44,301 | €4,682 | -€39,619 | -89.4% |
| Taxes, remuneration and social security | 45 | €277,156 | - | -€277,156 | |
| Remuneration and social security | 454/9 | €277,156 | - | -€277,156 | |
| Other amounts payable | 47/48 | €5,242,684 | €4,544,929 | -€697,755 | -13.3% |
| Accrued charges and deferred income | 492/3 | €22,775 | €207,515 | +€184,740 | +811% |
| Remuneration, social security and pensions | 62 | €1,235,892 | €1,053,125 | -€182,767 | -14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €438,665 | €271,229 | -€167,436 | -38.2% |
| Other operating charges | 640/8 | €65,111 | €42,923 | -€22,188 | -34.1% |
| Gross operating margin | 9900 | €882,206 | €910,663 | +€28,457 | +3.2% |
| Operating profit (loss) | 9901 | -€857,462 | -€456,614 | +€400,848 | +46.7% |
| Financial income | 75/76B | - | €533,874 | +€533,874 | |
| Recurring financial income | 75 | - | €533,874 | +€533,874 | |
| Financial charges | 65/66B | €352,494 | €10,862 | -€341,632 | -96.9% |
| Recurring financial charges | 65 | €352,494 | €10,862 | -€341,632 | -96.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,209,956 | €66,398 | +€1.3m | |
| Income taxes | 67/77 | €83,828 | €1,057 | -€82,771 | -98.7% |
| Profit (loss) for the period | 9904 | -€1,293,784 | €65,341 | +€1.4m | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,293,784 | €65,341 | +€1.4m |
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 21 October 2026 via checked.be.