Lab No.8: 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.
Lab No.8
Largest movements
- Cash -€37,167
down €37,167 (-21.0%), from €177,210 to €140,043
mainly Contributions, distributions and other (-€28,297) and Other debts (-€20,191)
- Receivables within one year -€4,403
down €4,403 (-38.5%), from €11,422 to €7,019
of which Trade receivables: -€3,824
- Tangible fixed assets -€3,105
down €3,105 (-68.5%), from €4,533 to €1,428
of which Furniture and vehicles: -€3,264
- Reserves -€26,683
down €26,683 (-17.1%), from €155,958 to €129,276
- Other debts -€20,191
down €20,191 (-71.1%), from €28,384 to €8,192
- Tax, wage and social debts +€2,290
up €2,290 (+67.1%), from €3,415 to €5,704
- Gross operating margin -€3,746
down €3,746 (-38.0%), from €9,865 to €6,118
- Depreciation -€2,426
down €2,426 (-39.1%), from €6,212 to €3,786
- Financial charges -€2,085
down €2,085 (-95.3%), from €2,188 to €102
- Taxes -€532
down €532 (-34.5%), from €1,541 to €1,009
- Financial income -€231
down €231 (-17.6%), from €1,314 to €1,084
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 | €194,410 | €149,770 | -€44,640 | -23.0% |
| Fixed assets | 21/28 | €4,533 | €1,428 | -€3,105 | -68.5% |
| Tangible fixed assets | 22/27 | €4,533 | €1,428 | -€3,105 | -68.5% |
| Plant, machinery and equipment | 23 | €1,219 | €1,379 | +€159 | +13.1% |
| Furniture and vehicles | 24 | €3,313 | €49 | -€3,264 | -98.5% |
| Current assets | 29/58 | €189,877 | €148,342 | -€41,535 | -21.9% |
| Amounts receivable within one year | 40/41 | €11,422 | €7,019 | -€4,403 | -38.5% |
| Trade receivables | 40 | €9,874 | €6,050 | -€3,824 | -38.7% |
| Other amounts receivable | 41 | €1,548 | €969 | -€579 | -37.4% |
| Cash at bank and in hand | 54/58 | €177,210 | €140,043 | -€37,167 | -21.0% |
| Deferred charges and accrued income | 490/1 | €1,245 | €1,280 | +€35 | +2.8% |
| Total equity and liabilities | 10/49 | €194,410 | €149,770 | -€44,640 | -23.0% |
| Equity | 10/15 | €162,158 | €135,476 | -€26,683 | -16.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €155,958 | €129,276 | -€26,683 | -17.1% |
| Distributable reserves | 133 | €155,958 | €129,276 | -€26,683 | -17.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €32,251 | €14,294 | -€17,957 | -55.7% |
| Amounts payable within one year | 42/48 | €32,251 | €14,294 | -€17,957 | -55.7% |
| Trade debts | 44 | €453 | €398 | -€55 | -12.2% |
| Suppliers | 440/4 | €453 | €398 | -€55 | -12.2% |
| Taxes, remuneration and social security | 45 | €3,415 | €5,704 | +€2,290 | +67.1% |
| Taxes | 450/3 | €3,415 | €5,704 | +€2,290 | +67.1% |
| Other amounts payable | 47/48 | €28,384 | €8,192 | -€20,191 | -71.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,212 | €3,786 | -€2,426 | -39.1% |
| Other operating charges | 640/8 | €293 | €363 | +€70 | +23.9% |
| Non-recurring operating charges | 66A | - | €327 | +€327 | |
| Gross operating margin | 9900 | €9,865 | €6,118 | -€3,746 | -38.0% |
| Operating profit (loss) | 9901 | €3,360 | €1,642 | -€1,717 | -51.1% |
| Financial income | 75/76B | €1,314 | €1,084 | -€231 | -17.6% |
| Recurring financial income | 75 | €1,314 | €1,084 | -€231 | -17.6% |
| Financial charges | 65/66B | €2,188 | €102 | -€2,085 | -95.3% |
| Recurring financial charges | 65 | €2,188 | €102 | -€2,085 | -95.3% |
| Profit (loss) for the period before taxes | 9903 | €2,486 | €2,624 | +€138 | +5.5% |
| Income taxes | 67/77 | €1,541 | €1,009 | -€532 | -34.5% |
| Profit (loss) for the period | 9904 | €945 | €1,615 | +€670 | +70.9% |
| Profit (loss) for the period to be appropriated | 9905 | €945 | €1,615 | +€670 | +70.9% |
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 15 October 2026 via checked.be.