CO-LAB: 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.
CO-LAB
Largest movements
- Receivables within one year -€71,362
down €71,362 (-88.6%), from €80,531 to €9,169
of which Trade receivables: -€80,072
- Cash -€59,413
down €59,413 (-44.3%), from €134,124 to €74,711
mainly Investment in fixed assets (net) (-€77,410) and Advances received (-€37,648)
- Tangible fixed assets +€48,396
up €48,396 (+87.3%), from €55,415 to €103,812
of which Furniture and vehicles: +€37,831
- Advances received -€37,648
no longer reported in 2025 (was €37,648)
- Reserves -€25,658
down €25,658 (-17.2%), from €148,879 to €123,221
- Trade debts -€18,917
down €18,917 (-96.6%), from €19,585 to €668
- Other debts +€16,300
up €16,300 (+152%), from €10,700 to €27,000
- Tax, wage and social debts -€10,680
down €10,680 (-39.4%), from €27,112 to €16,433
- Depreciation +€10,000
up €10,000 (+52.6%), from €19,014 to €29,013
- Taxes -€8,912
down €8,912 (-87.2%), from €10,217 to €1,306
- Gross operating margin -€8,276
down €8,276 (-15.8%), from €52,215 to €43,940
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 | €272,309 | €187,691 | -€84,618 | -31.1% |
| Fixed assets | 21/28 | €55,415 | €103,812 | +€48,396 | +87.3% |
| Tangible fixed assets | 22/27 | €55,415 | €103,812 | +€48,396 | +87.3% |
| Land and buildings | 22 | €12,022 | - | -€12,022 | |
| Plant, machinery and equipment | 23 | €14,746 | €37,333 | +€22,587 | +153% |
| Furniture and vehicles | 24 | €28,647 | €66,478 | +€37,831 | +132% |
| Current assets | 29/58 | €216,894 | €83,880 | -€133,014 | -61.3% |
| Amounts receivable within one year | 40/41 | €80,531 | €9,169 | -€71,362 | -88.6% |
| Trade receivables | 40 | €80,424 | €352 | -€80,072 | -99.6% |
| Other amounts receivable | 41 | €107 | €8,817 | +€8,710 | +8,138% |
| Cash at bank and in hand | 54/58 | €134,124 | €74,711 | -€59,413 | -44.3% |
| Deferred charges and accrued income | 490/1 | €2,239 | - | -€2,239 | |
| Total equity and liabilities | 10/49 | €272,309 | €187,691 | -€84,618 | -31.1% |
| Equity | 10/15 | €155,079 | €129,421 | -€25,658 | -16.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €148,879 | €123,221 | -€25,658 | -17.2% |
| Distributable reserves | 133 | €148,879 | €123,221 | -€25,658 | -17.2% |
| Amounts payable | 17/49 | €117,230 | €58,271 | -€58,959 | -50.3% |
| Amounts payable after more than one year | 17 | €14,170 | €6,096 | -€8,075 | -57.0% |
| Financial debts | 170/4 | €14,170 | €6,096 | -€8,075 | -57.0% |
| Amounts payable within one year | 42/48 | €103,060 | €52,175 | -€50,885 | -49.4% |
| Current portion of amounts payable after more than one year | 42 | €8,015 | €8,075 | +€60 | +0.8% |
| Trade debts | 44 | €19,585 | €668 | -€18,917 | -96.6% |
| Suppliers | 440/4 | €19,585 | €668 | -€18,917 | -96.6% |
| Advances received on contracts in progress | 46 | €37,648 | - | -€37,648 | |
| Taxes, remuneration and social security | 45 | €27,112 | €16,433 | -€10,680 | -39.4% |
| Taxes | 450/3 | €27,112 | €16,433 | -€10,680 | -39.4% |
| Other amounts payable | 47/48 | €10,700 | €27,000 | +€16,300 | +152% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,014 | €29,013 | +€10,000 | +52.6% |
| Other operating charges | 640/8 | €118 | €173 | +€55 | +46.6% |
| Non-recurring operating charges | 66A | - | €12,022 | +€12,022 | |
| Gross operating margin | 9900 | €52,215 | €43,940 | -€8,276 | -15.8% |
| Operating profit (loss) | 9901 | €33,084 | €2,731 | -€30,352 | -91.7% |
| Financial income | 75/76B | €331 | €222 | -€110 | -33.1% |
| Recurring financial income | 75 | €331 | €222 | -€110 | -33.1% |
| Financial charges | 65/66B | €332 | €306 | -€26 | -7.8% |
| Recurring financial charges | 65 | €332 | €306 | -€26 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €33,083 | €2,647 | -€30,436 | -92.0% |
| Income taxes | 67/77 | €10,217 | €1,306 | -€8,912 | -87.2% |
| Profit (loss) for the period | 9904 | €22,866 | €1,342 | -€21,524 | -94.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,866 | €1,342 | -€21,524 | -94.1% |
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 16 October 2026 via checked.be.