AdditiveLab: 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.
AdditiveLab
Largest movements
- Deferred charges and accrued income -€34,476
down €34,476 (-98.6%), from €34,965 to €489
- Cash +€29,094
up €29,094 (+35.8%), from €81,355 to €110,449
mainly Deferred charges and accrued income (+€34,476) and Depreciation (+€12,768)
- Intangible fixed assets -€10,344
down €10,344 (-68.9%), from €15,012 to €4,668
- Tangible fixed assets -€2,425
down €2,425 (-56.6%), from €4,283 to €1,859
of which Furniture and vehicles: -€2,245
- Profit (loss) carried forward -€18,348
down €18,348 (-16.2%), from €113,450 to €95,103
- Financial charges +€10,022
up €10,022 (+120%), from €8,385 to €18,407
of which Non-recurring financial charges: +€15,181
- Depreciation -€9,683
down €9,683 (-43.1%), from €22,451 to €12,768
- Gross operating margin -€4,941
down €4,941 (-29.5%), from €16,730 to €11,789
- Financial income +€1,395
up €1,395 (+571%), from €244 to €1,640
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €136,053 | €118,404 | -€17,648 | -13.0% |
| Fixed assets | 21/28 | €19,296 | €6,527 | -€12,768 | -66.2% |
| Intangible fixed assets | 21 | €15,012 | €4,668 | -€10,344 | -68.9% |
| Tangible fixed assets | 22/27 | €4,283 | €1,859 | -€2,425 | -56.6% |
| Plant, machinery and equipment | 23 | €446 | €267 | -€180 | -40.2% |
| Furniture and vehicles | 24 | €3,837 | €1,592 | -€2,245 | -58.5% |
| Current assets | 29/58 | €116,757 | €111,877 | -€4,880 | -4.2% |
| Amounts receivable within one year | 40/41 | €437 | €939 | +€501 | +115% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €437 | €939 | +€501 | +115% |
| Cash at bank and in hand | 54/58 | €81,355 | €110,449 | +€29,094 | +35.8% |
| Deferred charges and accrued income | 490/1 | €34,965 | €489 | -€34,476 | -98.6% |
| Total equity and liabilities | 10/49 | €136,053 | €118,404 | -€17,648 | -13.0% |
| Equity | 10/15 | €132,000 | €113,653 | -€18,348 | -13.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €113,450 | €95,103 | -€18,348 | -16.2% |
| Amounts payable | 17/49 | €4,053 | €4,752 | +€699 | +17.3% |
| Amounts payable within one year | 42/48 | €4,053 | €4,752 | +€699 | +17.3% |
| Financial debts | 43 | €12 | €0 | -€12 | -100% |
| Credit institutions | 430/8 | €12 | €0 | -€12 | -100% |
| Trade debts | 44 | €1,474 | €1,677 | +€203 | +13.7% |
| Suppliers | 440/4 | €1,474 | €1,677 | +€203 | +13.7% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,566 | €3,075 | +€509 | +19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,451 | €12,768 | -€9,683 | -43.1% |
| Other operating charges | 640/8 | €593 | €601 | +€8 | +1.4% |
| Gross operating margin | 9900 | €16,730 | €11,789 | -€4,941 | -29.5% |
| Operating profit (loss) | 9901 | -€6,314 | -€1,580 | +€4,734 | +75.0% |
| Financial income | 75/76B | €244 | €1,640 | +€1,395 | +571% |
| Recurring financial income | 75 | €244 | €1,640 | +€1,395 | +571% |
| Financial charges | 65/66B | €8,385 | €18,407 | +€10,022 | +120% |
| Recurring financial charges | 65 | €8,325 | €3,167 | -€5,158 | -62.0% |
| Non-recurring financial charges | 66B | €60 | €15,241 | +€15,181 | +25,301% |
| Profit (loss) for the period before taxes | 9903 | -€14,455 | -€18,348 | -€3,893 | -26.9% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€14,455 | -€18,348 | -€3,893 | -26.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,455 | -€18,348 | -€3,893 | -26.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.