AWLabs: 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.
AWLabs
Largest movements
- Receivables within one year +€95,144
up €95,144 (+86.2%), from €110,349 to €205,493
of which Other amounts receivable: +€93,318
- Intangible fixed assets +€26,050
new in 2025: €26,050
- Tangible fixed assets +€22,915
up €22,915 (+179%), from €12,828 to €35,742
of which Assets under construction and advance payments: +€26,500
- Cash -€2,831
down €2,831 (-99.2%), from €2,853 to €22
mainly Debts after one year (-€245,750) and Receivables within one year (-€95,144)
- Contributions +€249,999
up €249,999 (+24,999,900%), from €1 to €250,000
- Debts after one year -€245,750
no longer reported in 2025 (was €245,750)
- Profit (loss) carried forward +€98,575
up €98,575 (+30.4%), from -€324,770 to -€226,195
- Tax, wage and social debts +€52,861
up €52,861 (+1,174%), from €4,502 to €57,363
of which Taxes: +€34,165
- Trade debts +€43,358
up €43,358 (+106%), from €40,759 to €84,117
- Gross operating margin +€340,232
up €340,232, from -€79,119 to €261,113
- Staff costs +€20,882
up €20,882 (+19.2%), from €108,567 to €129,449
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 | €126,029 | €267,307 | +€141,278 | +112% |
| Fixed assets | 21/28 | €12,828 | €61,792 | +€48,965 | +382% |
| Intangible fixed assets | 21 | - | €26,050 | +€26,050 | |
| Tangible fixed assets | 22/27 | €12,828 | €35,742 | +€22,915 | +179% |
| Plant, machinery and equipment | 23 | €8,825 | €6,786 | -€2,039 | -23.1% |
| Furniture and vehicles | 24 | €4,003 | €2,457 | -€1,546 | -38.6% |
| Assets under construction and advance payments | 27 | - | €26,500 | +€26,500 | |
| Current assets | 29/58 | €113,202 | €205,515 | +€92,313 | +81.5% |
| Amounts receivable within one year | 40/41 | €110,349 | €205,493 | +€95,144 | +86.2% |
| Trade receivables | 40 | €5,925 | €7,751 | +€1,827 | +30.8% |
| Other amounts receivable | 41 | €104,424 | €197,742 | +€93,318 | +89.4% |
| Cash at bank and in hand | 54/58 | €2,853 | €22 | -€2,831 | -99.2% |
| Total equity and liabilities | 10/49 | €126,029 | €267,307 | +€141,278 | +112% |
| Equity | 10/15 | -€324,769 | €23,805 | +€348,574 | |
| Contributions | 10/11 | €1 | €250,000 | +€249,999 | +24,999,900% |
| Profit (loss) carried forward | 14 | -€324,770 | -€226,195 | +€98,575 | +30.4% |
| Amounts payable | 17/49 | €450,799 | €243,503 | -€207,296 | -46.0% |
| Amounts payable after more than one year | 17 | €245,750 | - | -€245,750 | |
| Financial debts | 170/4 | €245,750 | - | -€245,750 | |
| Amounts payable within one year | 42/48 | €178,519 | €243,503 | +€64,984 | +36.4% |
| Trade debts | 44 | €40,759 | €84,117 | +€43,358 | +106% |
| Suppliers | 440/4 | €40,759 | €84,117 | +€43,358 | +106% |
| Taxes, remuneration and social security | 45 | €4,502 | €57,363 | +€52,861 | +1,174% |
| Taxes | 450/3 | €2,157 | €36,322 | +€34,165 | +1,584% |
| Remuneration and social security | 454/9 | €2,345 | €21,042 | +€18,697 | +797% |
| Other amounts payable | 47/48 | €133,257 | €102,022 | -€31,235 | -23.4% |
| Accrued charges and deferred income | 492/3 | €26,530 | - | -€26,530 | |
| Remuneration, social security and pensions | 62 | €108,567 | €129,449 | +€20,882 | +19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,762 | €4,861 | +€1,099 | +29.2% |
| Other operating charges | 640/8 | €1,104 | - | -€1,104 | |
| Gross operating margin | 9900 | -€79,119 | €261,113 | +€340,232 | |
| Operating profit (loss) | 9901 | -€192,553 | €126,803 | +€319,355 | |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €26,719 | €28,228 | +€1,509 | +5.6% |
| Recurring financial charges | 65 | €26,719 | €28,228 | +€1,509 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | -€219,267 | €98,575 | +€317,842 | |
| Profit (loss) for the period | 9904 | -€219,267 | €98,575 | +€317,842 | |
| Profit (loss) for the period to be appropriated | 9905 | -€219,267 | €98,575 | +€317,842 |
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 14 October 2026 via checked.be.