HET LABO: 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.
HET LABO
Largest movements
- Current investments +€47,500
new in 2025: €47,500
- Receivables within one year +€22,022
up €22,022 (+45.3%), from €48,601 to €70,623
of which Trade receivables: +€19,830
- Deferred charges and accrued income +€4,147
up €4,147 (+86.5%), from €4,794 to €8,942
- Profit (loss) carried forward +€37,054
up €37,054, from -€37,054 to €0
- Trade debts +€25,408
up €25,408 (+198.2%), from €12,822 to €38,230
- Short-term financial debts -€25,000
down €25,000 (-71.4%), from €35,000 to €10,000
- Reserves +€22,587
new in 2025: €22,587
- Tax, wage and social debts +€11,435
up €11,435 (+23.2%), from €49,271 to €60,706
of which Remuneration and social security: +€8,484
- Gross operating margin +€101,175
up €101,175 (+62.1%), from €162,983 to €264,158
- Staff costs +€88,150
up €88,150 (+99.5%), from €88,561 to €176,712
- Taxes +€24,410
up €24,410 (+4626.5%), from €528 to €24,938
- Financial charges -€3,901
down €3,901 (-59.0%), from €6,610 to €2,709
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 | €80,764 | €155,117 | +€74,353 | +92.1% |
| Fixed assets | 21/28 | €0 | €882 | +€882 | |
| Tangible fixed assets | 22/27 | €0 | €882 | +€882 | |
| Furniture and vehicles | 24 | €0 | €882 | +€882 | |
| Current assets | 29/58 | €80,764 | €154,235 | +€73,471 | +91.0% |
| Amounts receivable within one year | 40/41 | €48,601 | €70,623 | +€22,022 | +45.3% |
| Trade receivables | 40 | €45,129 | €64,959 | +€19,830 | +43.9% |
| Other amounts receivable | 41 | €3,472 | €5,664 | +€2,192 | +63.1% |
| Current investments | 50/53 | - | €47,500 | +€47,500 | |
| Cash at bank and in hand | 54/58 | €27,369 | €27,170 | -€198 | -0.7% |
| Deferred charges and accrued income | 490/1 | €4,794 | €8,942 | +€4,147 | +86.5% |
| Total equity and liabilities | 10/49 | €80,764 | €155,117 | +€74,353 | +92.1% |
| Equity | 10/15 | -€17,054 | €42,587 | +€59,641 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | - | €22,587 | +€22,587 | |
| Distributable reserves | 133 | - | €22,587 | +€22,587 | |
| Profit (loss) carried forward | 14 | -€37,054 | €0 | +€37,054 | |
| Amounts payable | 17/49 | €97,818 | €112,529 | +€14,712 | +15.0% |
| Amounts payable within one year | 42/48 | €97,093 | €112,529 | +€15,437 | +15.9% |
| Financial debts | 43 | €35,000 | €10,000 | -€25,000 | -71.4% |
| Other loans | 439 | €35,000 | €10,000 | -€25,000 | -71.4% |
| Trade debts | 44 | €12,822 | €38,230 | +€25,408 | +198.2% |
| Suppliers | 440/4 | €12,822 | €38,230 | +€25,408 | +198.2% |
| Taxes, remuneration and social security | 45 | €49,271 | €60,706 | +€11,435 | +23.2% |
| Taxes | 450/3 | €24,722 | €27,673 | +€2,951 | +11.9% |
| Remuneration and social security | 454/9 | €24,549 | €33,032 | +€8,484 | +34.6% |
| Other amounts payable | 47/48 | - | €3,594 | +€3,594 | |
| Accrued charges and deferred income | 492/3 | €725 | €0 | -€725 | -100.0% |
| Remuneration, social security and pensions | 62 | €88,561 | €176,712 | +€88,150 | +99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €265 | €269 | +€3 | +1.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €906 | €120 | -€786 | -86.8% |
| Gross operating margin | 9900 | €162,983 | €264,158 | +€101,175 | +62.1% |
| Operating profit (loss) | 9901 | €73,250 | €87,058 | +€13,807 | +18.8% |
| Financial income | 75/76B | €17 | €230 | +€213 | +1217.0% |
| Recurring financial income | 75 | €17 | €230 | +€213 | +1217.0% |
| Financial charges | 65/66B | €6,610 | €2,709 | -€3,901 | -59.0% |
| Recurring financial charges | 65 | €6,610 | €2,709 | -€3,901 | -59.0% |
| Profit (loss) for the period before taxes | 9903 | €66,658 | €84,579 | +€17,921 | +26.9% |
| Income taxes | 67/77 | €528 | €24,938 | +€24,410 | +4626.5% |
| Profit (loss) for the period | 9904 | €66,131 | €59,641 | -€6,489 | -9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €66,131 | €59,641 | -€6,489 | -9.8% |
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.