LAB Sint-Niklaas: what changed
What changed
LAB Sint-Niklaas
NACE 85.314, Education
filed annual accounts (NBB)
Net result for the year
-€41,346
2024 · €43,879-€85,225
Equity
€5.8m
2024 · €5.8m-€3,174
Cash
€301,775
2024 · €495,342-€193,567
Balance sheet total
€10.1m
2024 · €9.8m+€265,779
Largest movements
Assets
- Tangible fixed assets +€444,223
up €444,223 (+4.8%), from €9.2m to €9.7m
of which Land and buildings: +€389,601
- Cash -€193,567
down €193,567 (-39.1%), from €495,342 to €301,775
mainly Investment in fixed assets (net) (-€796,265) and Accrued charges and deferred income (-€203,545)
Equity and liabilities
- Debts after one year +€307,528
up €307,528 (+8.2%), from €3.8m to €4.1m
- Accrued charges and deferred income -€203,545
no longer reported in 2025 (was €203,545)
- Advances received +€168,700
new in 2025: €168,700
Income statement
- Depreciation +€72,060
up €72,060 (+25.8%), from €279,400 to €351,460
- Financial charges +€65,733
up €65,733 (+109%), from €60,197 to €125,931
- Financial income +€37,843
up €37,843 (+21.7%), from €174,349 to €212,192
- Gross operating margin +€13,563
up €13,563 (+4.8%), from €280,088 to €293,651
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€43,879
Gross operating margin
+€13,563
Staff costs
+€1,163
Depreciation
-€72,060
Financial income
+€37,843
Financial charges
-€65,733
Result 2025
-€41,346
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€236,036
Investment
-€796,265
Financing
+€366,662
Cash 2024
€495,342
From operations (derived)
+€236,036
Net result for the year
-€41,346
Depreciation
+€351,460
Receivables within one year
-€15,774
Smaller working-capital items
+€2,206
Trade debts
-€25,665
Advances received
+€168,700
Accrued charges and deferred income
-€203,545
Investment (derived)
-€796,265
Investment in fixed assets (net)
-€796,265
Financing
+€366,662
Debts after one year
+€307,528
Current portion of long-term debt
+€20,963
Contributions, distributions and other
+€38,172
Cash 2025
€301,775
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,831,474 | €10,097,253 | +€265,779 | +2.7% |
| Fixed assets | 21/28 | €9,239,148 | €9,683,953 | +€444,805 | +4.8% |
| Tangible fixed assets | 22/27 | €9,238,398 | €9,682,622 | +€444,223 | +4.8% |
| Land and buildings | 22 | €9,029,979 | €9,419,580 | +€389,601 | +4.3% |
| Plant, machinery and equipment | 23 | €4,335 | €18,020 | +€13,685 | +316% |
| Furniture and vehicles | 24 | €70,777 | €96,155 | +€25,378 | +35.9% |
| Other tangible fixed assets | 26 | €133,307 | €148,866 | +€15,559 | +11.7% |
| Financial fixed assets | 28 | €750 | €1,332 | +€582 | +77.6% |
| Current assets | 29/58 | €592,326 | €413,299 | -€179,027 | -30.2% |
| Amounts receivable within one year | 40/41 | €6,150 | €21,924 | +€15,774 | +256% |
| Trade receivables | 40 | €6,150 | €6,910 | +€760 | +12.4% |
| Other amounts receivable | 41 | €0 | €15,014 | +€15,014 | |
| Cash at bank and in hand | 54/58 | €495,342 | €301,775 | -€193,567 | -39.1% |
| Deferred charges and accrued income | 490/1 | €90,833 | €89,599 | -€1,234 | -1.4% |
| Total equity and liabilities | 10/49 | €9,831,474 | €10,097,253 | +€265,779 | +2.7% |
| Equity | 10/15 | €5,803,595 | €5,800,421 | -€3,174 | -0.1% |
| Profit (loss) carried forward | 14 | -€155,106 | -€196,452 | -€41,346 | -26.7% |
| Investment grants | 15 | €5,958,701 | €5,996,873 | +€38,172 | +0.6% |
| Amounts payable | 17/49 | €4,027,879 | €4,296,831 | +€268,952 | +6.7% |
| Amounts payable after more than one year | 17 | €3,756,540 | €4,064,068 | +€307,528 | +8.2% |
| Financial debts | 170/4 | €3,756,540 | €4,064,068 | +€307,528 | +8.2% |
| Amounts payable within one year | 42/48 | €67,794 | €232,764 | +€164,969 | +243% |
| Current portion of amounts payable after more than one year | 42 | €20,000 | €40,963 | +€20,963 | +105% |
| Trade debts | 44 | €45,634 | €19,969 | -€25,665 | -56.2% |
| Suppliers | 440/4 | €45,634 | €19,969 | -€25,665 | -56.2% |
| Advances received on contracts in progress | 46 | - | €168,700 | +€168,700 | |
| Taxes, remuneration and social security | 45 | €2,160 | €3,132 | +€972 | +45.0% |
| Remuneration and social security | 454/9 | €2,160 | €3,132 | +€972 | +45.0% |
| Accrued charges and deferred income | 492/3 | €203,545 | - | -€203,545 | |
| Remuneration, social security and pensions | 62 | €70,960 | €69,797 | -€1,163 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €279,400 | €351,460 | +€72,060 | +25.8% |
| Gross operating margin | 9900 | €280,088 | €293,651 | +€13,563 | +4.8% |
| Operating profit (loss) | 9901 | -€70,273 | -€127,607 | -€57,334 | -81.6% |
| Financial income | 75/76B | €174,349 | €212,192 | +€37,843 | +21.7% |
| Recurring financial income | 75 | €174,349 | €212,192 | +€37,843 | +21.7% |
| Financial charges | 65/66B | €60,197 | €125,931 | +€65,733 | +109% |
| Recurring financial charges | 65 | €60,197 | €125,931 | +€65,733 | +109% |
| Profit (loss) for the period before taxes | 9903 | €43,879 | -€41,346 | -€85,225 | |
| Profit (loss) for the period | 9904 | €43,879 | -€41,346 | -€85,225 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,879 | -€41,346 | -€85,225 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.