ANGLE GAMING LABS: 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.
ANGLE GAMING LABS
Largest movements
- Receivables within one year +€612,129
up €612,129 (+99.2%), from €617,241 to €1.2m
of which Trade receivables: +€604,961
- Cash -€24,179
down €24,179 (-86.1%), from €28,088 to €3,909
mainly Receivables within one year (-€612,129) and Net result for the year (-€222,680)
- Debts after one year +€576,007
up €576,007 (+31.5%), from €1.8m to €2.4m
of which Other amounts payable: +€579,431
- Profit (loss) carried forward -€222,680
down €222,680 (-16.1%), from -€1.4m to -€1.6m
- Trade debts +€124,622
up €124,622 (+409%), from €30,453 to €155,075
- Tax, wage and social debts +€116,077
up €116,077 (+123%), from €94,387 to €210,464
of which Remuneration and social security: +€114,042
- Staff costs +€280,781
up €280,781 (+33.2%), from €846,710 to €1.1m
- Gross operating margin -€57,929
down €57,929 (-5.5%), from €1.0m to €990,764
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 | €683,410 | €1,259,613 | +€576,203 | +84.3% |
| Fixed assets | 21/28 | €35,476 | €24,194 | -€11,282 | -31.8% |
| Tangible fixed assets | 22/27 | €28,992 | €17,710 | -€11,282 | -38.9% |
| Furniture and vehicles | 24 | €28,992 | €17,710 | -€11,282 | -38.9% |
| Financial fixed assets | 28 | €6,484 | €6,484 | = | 0.0% |
| Current assets | 29/58 | €647,934 | €1,235,419 | +€587,485 | +90.7% |
| Amounts receivable within one year | 40/41 | €617,241 | €1,229,370 | +€612,129 | +99.2% |
| Trade receivables | 40 | €507,104 | €1,112,066 | +€604,961 | +119% |
| Other amounts receivable | 41 | €110,136 | €117,304 | +€7,168 | +6.5% |
| Cash at bank and in hand | 54/58 | €28,088 | €3,909 | -€24,179 | -86.1% |
| Deferred charges and accrued income | 490/1 | €2,605 | €2,140 | -€465 | -17.9% |
| Total equity and liabilities | 10/49 | €683,410 | €1,259,613 | +€576,203 | +84.3% |
| Equity | 10/15 | -€1,315,003 | -€1,537,683 | -€222,680 | -16.9% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,383,173 | -€1,605,854 | -€222,680 | -16.1% |
| Amounts payable | 17/49 | €1,998,413 | €2,797,296 | +€798,883 | +40.0% |
| Amounts payable after more than one year | 17 | €1,826,857 | €2,402,863 | +€576,007 | +31.5% |
| Financial debts | 170/4 | €3,424 | - | -€3,424 | |
| Other amounts payable | 178/9 | €1,823,433 | €2,402,863 | +€579,431 | +31.8% |
| Amounts payable within one year | 42/48 | €139,156 | €370,127 | +€230,971 | +166% |
| Current portion of amounts payable after more than one year | 42 | €13,619 | €3,424 | -€10,195 | -74.9% |
| Financial debts | 43 | €697 | €1,164 | +€467 | +67.1% |
| Credit institutions | 430/8 | €697 | €1,164 | +€467 | +67.1% |
| Trade debts | 44 | €30,453 | €155,075 | +€124,622 | +409% |
| Suppliers | 440/4 | €30,453 | €155,075 | +€124,622 | +409% |
| Taxes, remuneration and social security | 45 | €94,387 | €210,464 | +€116,077 | +123% |
| Taxes | 450/3 | €37,462 | €39,497 | +€2,034 | +5.4% |
| Remuneration and social security | 454/9 | €56,925 | €170,967 | +€114,042 | +200% |
| Accrued charges and deferred income | 492/3 | €32,400 | €24,306 | -€8,094 | -25.0% |
| Remuneration, social security and pensions | 62 | €846,710 | €1,127,491 | +€280,781 | +33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,238 | €14,162 | -€75 | -0.5% |
| Other operating charges | 640/8 | €2,462 | €4,543 | +€2,081 | +84.5% |
| Gross operating margin | 9900 | €1,048,692 | €990,764 | -€57,929 | -5.5% |
| Operating profit (loss) | 9901 | €185,284 | -€155,432 | -€340,716 | |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €56,478 | €66,502 | +€10,024 | +17.7% |
| Recurring financial charges | 65 | €56,478 | €66,502 | +€10,024 | +17.7% |
| Profit (loss) for the period before taxes | 9903 | €128,806 | -€221,928 | -€350,734 | |
| Income taxes | 67/77 | €741 | €752 | +€11 | +1.4% |
| Profit (loss) for the period | 9904 | €128,064 | -€222,680 | -€350,745 | |
| Profit (loss) for the period to be appropriated | 9905 | €128,064 | -€222,680 | -€350,745 |
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 19 October 2026 via checked.be.