IOLABS: 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.
IOLABS
Largest movements
- Financial fixed assets +€500,000
new in 2025: €500,000
- Cash -€168,015
down €168,015 (-73.2%), from €229,648 to €61,632
mainly Investment in fixed assets (net) (-€503,739) and Net result for the year (-€62,885)
- Receivables within one year +€41,364
up €41,364 (+689%), from €6,004 to €47,367
of which Trade receivables: +€47,190
- Tangible fixed assets -€40,509
down €40,509 (-7.6%), from €529,946 to €489,437
of which Land and buildings: -€25,739
- Other debts +€412,376
up €412,376 (+125%), from €330,711 to €743,087
- Reserves -€66,753
down €66,753 (-20.6%), from €324,130 to €257,376
of which Distributable reserves: -€66,753
- Debts after one year -€20,998
down €20,998 (-49.0%), from €42,877 to €21,879
- Gross operating margin +€20,606
up €20,606, from -€7,488 to €13,118
- Financial charges +€2,676
up €2,676 (+10.5%), from €25,410 to €28,086
- Other operating charges +€1,224
up €1,224 (+34.3%), from €3,563 to €4,787
- Depreciation +€1,113
up €1,113 (+2.6%), from €43,134 to €44,248
- Financial income +€629
up €629 (+75.2%), from €836 to €1,465
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 | €771,487 | €1,104,772 | +€333,284 | +43.2% |
| Fixed assets | 21/28 | €529,946 | €989,437 | +€459,491 | +86.7% |
| Tangible fixed assets | 22/27 | €529,946 | €489,437 | -€40,509 | -7.6% |
| Land and buildings | 22 | €477,620 | €451,882 | -€25,739 | -5.4% |
| Furniture and vehicles | 24 | €52,326 | €37,556 | -€14,770 | -28.2% |
| Financial fixed assets | 28 | - | €500,000 | +€500,000 | |
| Current assets | 29/58 | €241,541 | €115,334 | -€126,207 | -52.3% |
| Amounts receivable within one year | 40/41 | €6,004 | €47,367 | +€41,364 | +689% |
| Trade receivables | 40 | - | €47,190 | +€47,190 | |
| Other amounts receivable | 41 | €6,004 | €177 | -€5,826 | -97.0% |
| Current investments | 50/53 | €2,618 | €2,618 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €229,648 | €61,632 | -€168,015 | -73.2% |
| Deferred charges and accrued income | 490/1 | €3,272 | €3,717 | +€445 | +13.6% |
| Total equity and liabilities | 10/49 | €771,487 | €1,104,772 | +€333,284 | +43.2% |
| Equity | 10/15 | €344,130 | €277,376 | -€66,753 | -19.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €324,130 | €257,376 | -€66,753 | -20.6% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €322,130 | €255,376 | -€66,753 | -20.7% |
| Amounts payable | 17/49 | €427,358 | €827,395 | +€400,038 | +93.6% |
| Amounts payable after more than one year | 17 | €42,877 | €21,879 | -€20,998 | -49.0% |
| Financial debts | 170/4 | €42,877 | €21,879 | -€20,998 | -49.0% |
| Amounts payable within one year | 42/48 | €358,987 | €778,731 | +€419,744 | +117% |
| Current portion of amounts payable after more than one year | 42 | €20,152 | €20,998 | +€846 | +4.2% |
| Trade debts | 44 | €7,432 | €14,059 | +€6,627 | +89.2% |
| Suppliers | 440/4 | €7,432 | €14,059 | +€6,627 | +89.2% |
| Taxes, remuneration and social security | 45 | €693 | €588 | -€106 | -15.2% |
| Taxes | 450/3 | €693 | €588 | -€106 | -15.2% |
| Other amounts payable | 47/48 | €330,711 | €743,087 | +€412,376 | +125% |
| Accrued charges and deferred income | 492/3 | €25,493 | €26,785 | +€1,292 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,134 | €44,248 | +€1,113 | +2.6% |
| Other operating charges | 640/8 | €3,563 | €4,787 | +€1,224 | +34.3% |
| Gross operating margin | 9900 | -€7,488 | €13,118 | +€20,606 | |
| Operating profit (loss) | 9901 | -€54,186 | -€35,917 | +€18,269 | +33.7% |
| Financial income | 75/76B | €836 | €1,465 | +€629 | +75.2% |
| Recurring financial income | 75 | €836 | €1,465 | +€629 | +75.2% |
| Financial charges | 65/66B | €25,410 | €28,086 | +€2,676 | +10.5% |
| Recurring financial charges | 65 | €25,410 | €28,086 | +€2,676 | +10.5% |
| Profit (loss) for the period before taxes | 9903 | -€78,760 | -€62,538 | +€16,222 | +20.6% |
| Income taxes | 67/77 | €331 | €347 | +€16 | +4.8% |
| Profit (loss) for the period | 9904 | -€79,091 | -€62,885 | +€16,206 | +20.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€79,091 | -€62,885 | +€16,206 | +20.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.