Lab 42: 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.
Lab 42
Largest movements
- Current investments +€56,000
new in 2025: €56,000
- Cash -€11,547
down €11,547 (-22.4%), from €51,564 to €40,017
mainly Current investments (-€56,000) and Investment in fixed assets (net) (-€2,539)
- Tangible fixed assets +€2,156
new in 2025: €2,156
- Reserves +€42,266
up €42,266 (+82.2%), from €51,425 to €93,690
- Tax, wage and social debts +€3,237
up €3,237 (+35.9%), from €9,025 to €12,262
of which Remuneration and social security: +€1,731
- Gross operating margin +€4,715
up €4,715 (+8.5%), from €55,413 to €60,128
- Taxes +€3,766
up €3,766 (+32.7%), from €11,502 to €15,268
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 | €64,496 | €111,146 | +€46,650 | +72.3% |
| Fixed assets | 21/28 | - | €2,156 | +€2,156 | |
| Tangible fixed assets | 22/27 | - | €2,156 | +€2,156 | |
| Plant, machinery and equipment | 23 | - | €2,156 | +€2,156 | |
| Current assets | 29/58 | €64,496 | €108,990 | +€44,494 | +69.0% |
| Amounts receivable within one year | 40/41 | €10,588 | €11,143 | +€555 | +5.2% |
| Trade receivables | 40 | €10,588 | €11,143 | +€555 | +5.2% |
| Current investments | 50/53 | - | €56,000 | +€56,000 | |
| Cash at bank and in hand | 54/58 | €51,564 | €40,017 | -€11,547 | -22.4% |
| Deferred charges and accrued income | 490/1 | €2,344 | €1,830 | -€514 | -21.9% |
| Total equity and liabilities | 10/49 | €64,496 | €111,146 | +€46,650 | +72.3% |
| Equity | 10/15 | €51,525 | €93,790 | +€42,266 | +82.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €51,425 | €93,690 | +€42,266 | +82.2% |
| Distributable reserves | 133 | €51,425 | €93,690 | +€42,266 | +82.2% |
| Amounts payable | 17/49 | €12,971 | €17,355 | +€4,384 | +33.8% |
| Amounts payable within one year | 42/48 | €12,971 | €17,355 | +€4,384 | +33.8% |
| Trade debts | 44 | €936 | €1,242 | +€306 | +32.7% |
| Suppliers | 440/4 | €936 | €1,242 | +€306 | +32.7% |
| Taxes, remuneration and social security | 45 | €9,025 | €12,262 | +€3,237 | +35.9% |
| Taxes | 450/3 | €9,025 | €10,531 | +€1,506 | +16.7% |
| Remuneration and social security | 454/9 | - | €1,731 | +€1,731 | |
| Other amounts payable | 47/48 | €3,010 | €3,851 | +€841 | +27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €383 | +€383 | |
| Other operating charges | 640/8 | €327 | €349 | +€22 | +6.6% |
| Gross operating margin | 9900 | €55,413 | €60,128 | +€4,715 | +8.5% |
| Operating profit (loss) | 9901 | €55,086 | €59,397 | +€4,311 | +7.8% |
| Financial charges | 65/66B | €2,074 | €1,862 | -€211 | -10.2% |
| Recurring financial charges | 65 | €2,074 | €1,862 | -€211 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €53,012 | €57,534 | +€4,522 | +8.5% |
| Income taxes | 67/77 | €11,502 | €15,268 | +€3,766 | +32.7% |
| Profit (loss) for the period | 9904 | €41,510 | €42,266 | +€756 | +1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €41,510 | €42,266 | +€756 | +1.8% |
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.