EURANDLAB: 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.
EURANDLAB
Largest movements
- Receivables within one year -€101,882
down €101,882 (-84.2%), from €121,003 to €19,121
of which Trade receivables: -€62,185
- Stocks and contracts -€4,175
no longer reported in 2025 (was €4,175)
- Intangible fixed assets -€3,231
down €3,231 (-28.1%), from €11,485 to €8,254
- Cash -€3,160
down €3,160 (-87.1%), from €3,630 to €470
mainly Trade debts (-€149,968)
- Trade debts -€149,968
down €149,968 (-99.2%), from €151,235 to €1,267
- Profit (loss) carried forward +€33,599
up €33,599 (+76.1%), from -€44,163 to -€10,564
- Tax, wage and social debts +€1,758
new in 2025: €1,758
- Financial income -€847,723
down €847,723 (-96.2%), from €881,124 to €33,401
of which Financial income: -€881,081
- Gross operating margin +€47,354
up €47,354, from -€39,956 to €7,398
- Taxes +€1,758
new in 2025: €1,758
- Financial charges -€972
down €972 (-68.7%), from €1,415 to €443
of which Non-recurring financial charges: -€1,109
- Depreciation -€841
down €841 (-17.3%), from €4,865 to €4,024
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 | €142,086 | €27,845 | -€114,241 | -80.4% |
| Fixed assets | 21/28 | €13,278 | €8,254 | -€5,024 | -37.8% |
| Intangible fixed assets | 21 | €11,485 | €8,254 | -€3,231 | -28.1% |
| Tangible fixed assets | 22/27 | €793 | - | -€793 | |
| Furniture and vehicles | 24 | €87 | - | -€87 | |
| Other tangible fixed assets | 26 | €706 | - | -€706 | |
| Financial fixed assets | 28 | €1,000 | - | -€1,000 | |
| Current assets | 29/58 | €128,808 | €19,591 | -€109,217 | -84.8% |
| Stocks and contracts in progress | 3 | €4,175 | - | -€4,175 | |
| Stocks | 30/36 | €4,175 | - | -€4,175 | |
| Amounts receivable within one year | 40/41 | €121,003 | €19,121 | -€101,882 | -84.2% |
| Trade receivables | 40 | €77,100 | €14,915 | -€62,185 | -80.7% |
| Other amounts receivable | 41 | €43,903 | €4,206 | -€39,697 | -90.4% |
| Cash at bank and in hand | 54/58 | €3,630 | €470 | -€3,160 | -87.1% |
| Total equity and liabilities | 10/49 | €142,086 | €27,845 | -€114,241 | -80.4% |
| Equity | 10/15 | -€9,163 | €24,436 | +€33,599 | |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,163 | -€10,564 | +€33,599 | +76.1% |
| Amounts payable | 17/49 | €151,249 | €3,409 | -€147,840 | -97.7% |
| Amounts payable within one year | 42/48 | €151,249 | €3,409 | -€147,840 | -97.7% |
| Trade debts | 44 | €151,235 | €1,267 | -€149,968 | -99.2% |
| Suppliers | 440/4 | €151,235 | €1,267 | -€149,968 | -99.2% |
| Taxes, remuneration and social security | 45 | - | €1,758 | +€1,758 | |
| Taxes | 450/3 | - | €1,758 | +€1,758 | |
| Other amounts payable | 47/48 | €14 | €384 | +€370 | +2642.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,865 | €4,024 | -€841 | -17.3% |
| Other operating charges | 640/8 | €483 | €500 | +€17 | +3.5% |
| Non-recurring operating charges | 66A | €4,694 | €475 | -€4,219 | -89.9% |
| Gross operating margin | 9900 | -€39,956 | €7,398 | +€47,354 | |
| Operating profit (loss) | 9901 | -€49,998 | €2,399 | +€52,397 | |
| Financial income | 75/76B | €881,124 | €33,401 | -€847,723 | -96.2% |
| Recurring financial income | 75 | €881,124 | €43 | -€881,081 | -100.0% |
| Non-recurring financial income | 76B | €881,124 | €33,358 | -€847,766 | -96.2% |
| Financial charges | 65/66B | €1,415 | €443 | -€972 | -68.7% |
| Recurring financial charges | 65 | €306 | €443 | +€137 | +44.8% |
| Non-recurring financial charges | 66B | €1,109 | - | -€1,109 | |
| Profit (loss) for the period before taxes | 9903 | €829,711 | €35,357 | -€794,354 | -95.7% |
| Income taxes | 67/77 | - | €1,758 | +€1,758 | |
| Profit (loss) for the period | 9904 | €829,711 | €33,599 | -€796,112 | -96.0% |
| Profit (loss) for the period to be appropriated | 9905 | €829,711 | €33,599 | -€796,112 | -96.0% |
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 12 October 2026 via checked.be.