Financials
Financial year 2025
INNOVATION HUB from Brugge, company number BE0715597605, closed financial year 2025 with a result of € 10,965 after tax. For that financial year INNOVATION HUB recorded a gross margin of € 59,536 and equity of € 88,690. Compared with financial year 2024, the result moved from € 1,778 to € 10,965. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 25, 2026.
€ 88,690
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,965
▲ € 9,187 vs 2024
Profit after tax over the fiscal year.
€ 45,848
▼ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 82,490.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 16,280
▼ 29% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,487
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 117,686
▲ € 106,562 vs 2024
€ 685 is repaid this year. At this pace the long-term loan is gone in ≈ 144 years.
€ 35,469
▼ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,968
▲ 34% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 66,606 | € 87,151 | € 38,118 | € 59,536 | ▲ 56% |
| Profit after taxes | € 34,721 | € 24,942 | € 1,778 | € 10,965 | ▲ € 9,187 |
| Equity | € 58,505 | € 75,947 | € 77,725 | € 88,690 | ▲ 14% |
| Total debts | € 147,963 | € 123,642 | € 100,429 | € 185,371 | ▲ 85% |
| Cash | € 133,130 | € 141,572 | € 55,204 | € 45,848 | ▼ 17% |
| Land & buildings | € 1,671 | € 1,472 | € 1,272 | € 83,446 | ▲ € 82,174 |
| Retained profit | € 52,305 | € 69,747 | € 71,525 | € 82,490 | ▲ 15% |
| Dividend | € 20,000 | € 7,500 | € 0 | € 0 | |
| Bank debt | € 29,978 | € 23,683 | € 11,124 | € 117,686 | ▲ € 106,562 |
| Balance sheet total | € 206,467 | € 199,589 | € 178,154 | € 274,061 | ▲ 54% |
Key figures of INNOVATION HUB, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to INNOVATION HUB?
What happened at INNOVATION HUB in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,965 (▲ € 9,187 vs 2024). filed late Source: NBB ↗
- New establishment in Comines-Warneton. KBO
- New establishment in Comines-Warneton. KBO
- Start of the company according to the CBE. KBO
In short
From € 34,721 profit in 2022 to € 10,965 profit in 2025.
Paid € 17,978 in corporate taxes since 2022.
Best year ever: 2022, with € 34,721 profit.
Paid out € 27,500 in dividends to the owners in total.
A new publication or filing at INNOVATION HUB? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind INNOVATION HUB is Khurshid Basit. Khurshid Basit is also behind B & A and JASPER.
Establishments
Establishment units
Physical locations of this company
Noordzandstraat 92
8000 Brugge
Armentieresstraat(Biz) 322
7783 Comines-Warneton
Active since 24 April 2020
Armentieresstraat(Biz) 328
7783 Comines-Warneton
Active since 1 April 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0715.597.605
- VAT number
- BE 0715.597.605
- Registered office
- Noordzandstraat 92, 8000 Brugge
- Names & denominations
- INNOVATION HUB
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 December 2018
- Peppol
- Active · Active since 26 Nov 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)