eLABZ: 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.
eLABZ
Largest movements
- Cash -€64,913
down €64,913 (-32.8%), from €197,989 to €133,076
mainly Net result for the year (-€58,648) and Tax, wage and social debts (-€21,824)
- Receivables within one year -€35,803
down €35,803 (-8.9%), from €402,723 to €366,920
of which Trade receivables: -€21,300
- Profit (loss) carried forward -€58,648
down €58,648 (-24.5%), from €239,391 to €180,742
- Tax, wage and social debts -€21,824
down €21,824 (-65.5%), from €33,310 to €11,487
- Trade debts -€20,672
down €20,672 (-6.7%), from €308,440 to €287,768
- Gross operating margin -€133,389
down €133,389 (-92.2%), from €144,639 to €11,250
- Financial charges +€23,307
up €23,307 (+48.1%), from €48,408 to €71,715
- Taxes -€21,824
no longer reported in 2025 (was €21,824)
- Financial income +€2,645
new in 2025: €2,645
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 | €601,140 | €499,996 | -€101,144 | -16.8% |
| Fixed assets | 21/28 | €428 | - | -€428 | |
| Tangible fixed assets | 22/27 | €428 | - | -€428 | |
| Furniture and vehicles | 24 | €428 | - | -€428 | |
| Current assets | 29/58 | €600,712 | €499,996 | -€100,716 | -16.8% |
| Amounts receivable within one year | 40/41 | €402,723 | €366,920 | -€35,803 | -8.9% |
| Trade receivables | 40 | €350,649 | €329,350 | -€21,300 | -6.1% |
| Other amounts receivable | 41 | €52,073 | €37,570 | -€14,503 | -27.9% |
| Cash at bank and in hand | 54/58 | €197,989 | €133,076 | -€64,913 | -32.8% |
| Total equity and liabilities | 10/49 | €601,140 | €499,996 | -€101,144 | -16.8% |
| Equity | 10/15 | €259,391 | €200,742 | -€58,648 | -22.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €239,391 | €180,742 | -€58,648 | -24.5% |
| Amounts payable | 17/49 | €341,750 | €299,254 | -€42,496 | -12.4% |
| Amounts payable within one year | 42/48 | €341,750 | €299,254 | -€42,496 | -12.4% |
| Trade debts | 44 | €308,440 | €287,768 | -€20,672 | -6.7% |
| Suppliers | 440/4 | €308,440 | €287,768 | -€20,672 | -6.7% |
| Taxes, remuneration and social security | 45 | €33,310 | €11,487 | -€21,824 | -65.5% |
| Taxes | 450/3 | €33,310 | €11,487 | -€21,824 | -65.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €396 | €428 | +€32 | +8.1% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €144,639 | €11,250 | -€133,389 | -92.2% |
| Operating profit (loss) | 9901 | €144,242 | €10,422 | -€133,820 | -92.8% |
| Financial income | 75/76B | - | €2,645 | +€2,645 | |
| Recurring financial income | 75 | - | €2,645 | +€2,645 | |
| Financial charges | 65/66B | €48,408 | €71,715 | +€23,307 | +48.1% |
| Recurring financial charges | 65 | €48,408 | €71,715 | +€23,307 | +48.1% |
| Profit (loss) for the period before taxes | 9903 | €95,834 | -€58,648 | -€154,482 | |
| Income taxes | 67/77 | €21,824 | - | -€21,824 | |
| Profit (loss) for the period | 9904 | €74,010 | -€58,648 | -€132,659 | |
| Profit (loss) for the period to be appropriated | 9905 | €74,010 | -€58,648 | -€132,659 |
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 10 October 2026 via checked.be.