eARThlabs: what changed
Two fiscal 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.
eARThlabs
Largest movements
- Tangible fixed assets +€111,017
up €111,017 (+4.0%), from €2.8m to €2.9m
of which Land and buildings: +€109,589
- Debts after one year +€133,778
up €133,778 (+8.3%), from €1.6m to €1.7m
- Profit (loss) carried forward -€95,712
down €95,712 (-5.5%), from -€1.7m to -€1.8m
- Accrued charges and deferred income +€83,502
up €83,502 (+21.2%), from €393,750 to €477,252
- Financial charges -€306,648
down €306,648 (-78.6%), from €390,252 to €83,604
- Gross operating margin +€20,791
up €20,791 (+77.9%), from -€26,681 to -€5,889
- Financial income -€1,940
down €1,940 (-99.9%), from €1,941 to €1
- Other operating charges +€576
up €576 (+10.7%), from €5,392 to €5,968
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.
Cash bridge derived
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 | €2,910,083 | €3,022,053 | +€111,970 | +3.8% |
| Fixed assets | 21/28 | €2,872,542 | €2,983,559 | +€111,017 | +3.9% |
| Tangible fixed assets | 22/27 | €2,762,542 | €2,873,559 | +€111,017 | +4.0% |
| Land and buildings | 22 | €2,759,989 | €2,869,578 | +€109,589 | +4.0% |
| Plant, machinery and equipment | 23 | €53 | €0 | -€53 | -100.0% |
| Furniture and vehicles | 24 | - | €1,481 | +€1,481 | |
| Other tangible fixed assets | 26 | €2,500 | €2,500 | = | 0.0% |
| Financial fixed assets | 28 | €110,000 | €110,000 | = | 0.0% |
| Current assets | 29/58 | €37,541 | €38,494 | +€953 | +2.5% |
| Amounts receivable within one year | 40/41 | €28,947 | €30,936 | +€1,989 | +6.9% |
| Trade receivables | 40 | €6,586 | €10,834 | +€4,248 | +64.5% |
| Other amounts receivable | 41 | €22,362 | €20,102 | -€2,260 | -10.1% |
| Cash at bank and in hand | 54/58 | €7,827 | €6,031 | -€1,796 | -22.9% |
| Deferred charges and accrued income | 490/1 | €767 | €1,527 | +€760 | +99.2% |
| Total equity and liabilities | 10/49 | €2,910,083 | €3,022,053 | +€111,970 | +3.8% |
| Equity | 10/15 | €900,352 | €804,640 | -€95,712 | -10.6% |
| Contributions | 10/11 | €2,623,861 | €2,623,861 | = | 0.0% |
| Reserves | 13 | €15,259 | €15,259 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,259 | €15,259 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,738,768 | -€1,834,480 | -€95,712 | -5.5% |
| Amounts payable | 17/49 | €2,009,731 | €2,217,413 | +€207,682 | +10.3% |
| Amounts payable after more than one year | 17 | €1,603,152 | €1,736,929 | +€133,778 | +8.3% |
| Other amounts payable | 178/9 | €1,603,152 | €1,736,929 | +€133,778 | +8.3% |
| Amounts payable within one year | 42/48 | €12,829 | €3,232 | -€9,598 | -74.8% |
| Trade debts | 44 | €12,392 | €2,164 | -€10,228 | -82.5% |
| Suppliers | 440/4 | €12,392 | €2,164 | -€10,228 | -82.5% |
| Taxes, remuneration and social security | 45 | €437 | €1,067 | +€630 | +144.0% |
| Taxes | 450/3 | €437 | €1,067 | +€630 | +144.0% |
| Accrued charges and deferred income | 492/3 | €393,750 | €477,252 | +€83,502 | +21.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €34 | €0 | -€34 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €400 | €252 | -€148 | -37.1% |
| Other operating charges | 640/8 | €5,392 | €5,968 | +€576 | +10.7% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | -€26,681 | -€5,889 | +€20,791 | +77.9% |
| Operating profit (loss) | 9901 | -€32,507 | -€12,109 | +€20,398 | +62.7% |
| Financial income | 75/76B | €1,941 | €1 | -€1,940 | -99.9% |
| Recurring financial income | 75 | €1,941 | €1 | -€1,940 | -99.9% |
| Financial charges | 65/66B | €390,252 | €83,604 | -€306,648 | -78.6% |
| Recurring financial charges | 65 | €390,252 | €83,604 | -€306,648 | -78.6% |
| Profit (loss) for the period before taxes | 9903 | -€420,817 | -€95,712 | +€325,105 | +77.3% |
| Income taxes | 67/77 | €200 | €0 | -€200 | -100.0% |
| Profit (loss) for the period | 9904 | -€421,017 | -€95,712 | +€325,305 | +77.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€421,017 | -€95,712 | +€325,305 | +77.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.