Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Next Generation Innovation from Elsene, company number BE0847372895, closed financial year 2025 with a result of € 65,341 after tax. For that financial year Next Generation Innovation recorded a gross margin of € 910,663 and equity of € -3.9 million. Compared with financial year 2024, the result moved from € -1.3 million to € 65,341. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ -3.9 million
▲ € 65,341 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 65,341
▲ still € 1.3 million loss in 2024
Profit after tax over the fiscal year.
€ 191,309
▼ 72% 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 € -4.4 million.
People and assets in 2025
3.4
▼ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▼ 15% vs 2024
€ 309,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,682
▼ 89% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 881,471 | € 410,383 | € 882,206 | € 910,663 | ▲ 3% |
| Profit after taxes | € -544,319 | € -1,100,648 | € -1,293,784 | € 65,341 | ▲ € 1.4 million |
| Equity | € -1,550,585 | € -2,651,233 | € -3,945,017 | € -3,879,676 | ▲ € 65,341 |
| Total debts | € 4,099,535 | € 4,923,897 | € 5,592,826 | € 4,763,036 | ▼ 15% |
| Cash | € 1,110,636 | € 674,586 | € 680,984 | € 191,309 | ▼ 72% |
| Retained profit | € -2,069,185 | € -3,169,833 | € -4,463,617 | € -4,398,276 | ▲ € 65,341 |
| Balance sheet total | € 2,548,950 | € 2,272,664 | € 1,647,809 | € 883,360 | ▼ 46% |
| Employees (FTE) | 4 | 4.3 | 4.8 | 3.4 | ▼ 1.4 |
Key figures of Next Generation Innovation, 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 Next Generation Innovation?
What happened at Next Generation Innovation in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 65,341. Source: NBB ↗
- Ronald Totton became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Elsene. KBO
In short
From € 544,319 loss in 2022 to € 65,341 profit in 2025.
Paid € 274,919 in corporate taxes since 2022.
Best year ever: 2025, with € 65,341 profit.
On average € 267,800 of value added per employee in 2025.
Management
Behind Next Generation Innovation is Ronald Totton.
Directors
According to the 2025 annual accounts
Ronald Totton
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Louizalaan 287/16
1050 Elsene
Louizalaan 287 box 16
1050 Elsene
Active since 12 July 2012
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
AS-UNIXSOLUTIONS Unix-Solutions Network, BE
DNS
Cloudflare DNS
Domain
Domain
deer-online.com
Registered
2010-10-29
Registrar
Key-Systems GmbH
Expires
2026-10-29
Website info
Features
Security
Details
- Company number
- 0847.372.895
- VAT number
- BE 0847.372.895
- Registered office
- Louizalaan 287/16, 1050 Elsene
- Names & denominations
- Next Generation Innovation · NGI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 July 2012
- Peppol
- Active · Active since 17 Dec 2025
- Contact
- deer-online.com
- Activities · NACE
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