NG Innovations: 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.
NG Innovations
Largest movements
- Tangible fixed assets -€8,908
down €8,908 (-3.7%), from €239,729 to €230,822
of which Land and buildings: -€7,947
- Debts after one year -€12,015
down €12,015 (-8.5%), from €140,849 to €128,834
of which Financial debts: -€12,015
- Other debts -€9,161
down €9,161 (-10.3%), from €89,052 to €79,890
- Profit (loss) carried forward +€6,396
up €6,396 (+157%), from €4,065 to €10,461
- Gross operating margin +€8,824
up €8,824 (+67.0%), from €13,166 to €21,991
- Taxes +€1,937
up €1,937 (+994%), from €195 to €2,132
- Financial income -€1,213
no longer reported in 2025 (was €1,213)
- Financial charges -€223
down €223 (-5.1%), from €4,378 to €4,155
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 | €251,921 | €239,565 | -€12,355 | -4.9% |
| Fixed assets | 21/28 | €239,729 | €230,822 | -€8,908 | -3.7% |
| Tangible fixed assets | 22/27 | €239,729 | €230,822 | -€8,908 | -3.7% |
| Land and buildings | 22 | €238,768 | €230,822 | -€7,947 | -3.3% |
| Furniture and vehicles | 24 | €961 | - | -€961 | |
| Current assets | 29/58 | €12,191 | €8,744 | -€3,447 | -28.3% |
| Amounts receivable within one year | 40/41 | €1,694 | - | -€1,694 | |
| Other amounts receivable | 41 | €1,694 | - | -€1,694 | |
| Cash at bank and in hand | 54/58 | €9,355 | €7,537 | -€1,818 | -19.4% |
| Deferred charges and accrued income | 490/1 | €1,142 | €1,207 | +€65 | +5.6% |
| Total equity and liabilities | 10/49 | €251,921 | €239,565 | -€12,355 | -4.9% |
| Equity | 10/15 | €9,065 | €15,461 | +€6,396 | +70.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,065 | €10,461 | +€6,396 | +157% |
| Amounts payable | 17/49 | €242,855 | €224,104 | -€18,751 | -7.7% |
| Amounts payable after more than one year | 17 | €140,849 | €128,834 | -€12,015 | -8.5% |
| Financial debts | 170/4 | €134,549 | €122,534 | -€12,015 | -8.9% |
| Other amounts payable | 178/9 | €6,300 | €6,300 | = | 0.0% |
| Amounts payable within one year | 42/48 | €102,007 | €93,093 | -€8,914 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €11,813 | €12,015 | +€202 | +1.7% |
| Trade debts | 44 | €1,142 | €673 | -€469 | -41.1% |
| Suppliers | 440/4 | €1,142 | €673 | -€469 | -41.1% |
| Taxes, remuneration and social security | 45 | - | €514 | +€514 | |
| Taxes | 450/3 | - | €514 | +€514 | |
| Other amounts payable | 47/48 | €89,052 | €79,890 | -€9,161 | -10.3% |
| Accrued charges and deferred income | 492/3 | - | €2,177 | +€2,177 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,995 | €8,908 | -€87 | -1.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €13,166 | €21,991 | +€8,824 | +67.0% |
| Operating profit (loss) | 9901 | €3,784 | €12,683 | +€8,899 | +235% |
| Financial income | 75/76B | €1,213 | - | -€1,213 | |
| Recurring financial income | 75 | €1,213 | - | -€1,213 | |
| Financial charges | 65/66B | €4,378 | €4,155 | -€223 | -5.1% |
| Recurring financial charges | 65 | €4,378 | €4,155 | -€223 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €620 | €8,528 | +€7,908 | +1,276% |
| Income taxes | 67/77 | €195 | €2,132 | +€1,937 | +994% |
| Profit (loss) for the period | 9904 | €425 | €6,396 | +€5,971 | +1,405% |
| Profit (loss) for the period to be appropriated | 9905 | €425 | €6,396 | +€5,971 | +1,405% |
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 15 October 2026 via checked.be.