LAB55: 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.
LAB55
Largest movements
- Cash +€34,705
up €34,705 (+1044.5%), from €3,323 to €38,028
mainly Current portion of long-term debt (+€96,960) and Depreciation (+€21,908)
- Receivables within one year +€13,713
up €13,713 (+59.6%), from €22,994 to €36,707
of which Other amounts receivable: +€10,700
- Stocks and contracts +€9,655
up €9,655 (+101.9%), from €9,479 to €19,134
- Tangible fixed assets +€5,704
up €5,704 (+5.1%), from €111,945 to €117,649
of which Furniture and vehicles: +€16,071
- Financial fixed assets +€2,345
up €2,345 (+29.1%), from €8,050 to €10,395
- Current portion of long-term debt +€96,960
new in 2025: €96,960
- Profit (loss) carried forward -€38,839
down €38,839 (-50.5%), from -€76,980 to -€115,819
- Trade debts +€12,127
up €12,127 (+16.5%), from €73,532 to €85,659
- Other debts -€7,992
down €7,992 (-5.5%), from €145,654 to €137,661
- Tax, wage and social debts +€3,476
up €3,476 (+69.0%), from €5,039 to €8,515
of which Taxes: +€1,932
- Gross operating margin +€71,924
up €71,924, from -€62,100 to €9,824
- Staff costs +€15,566
new in 2025: €15,566
- Depreciation +€10,999
up €10,999 (+100.8%), from €10,909 to €21,908
- Financial charges +€7,846
up €7,846 (+1032.4%), from €760 to €8,606
- Financial income -€4,242
down €4,242 (-94.0%), from €4,511 to €269
of which Non-recurring financial income: -€4,500
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 | €157,245 | €222,977 | +€65,732 | +41.8% |
| Fixed assets | 21/28 | €119,995 | €128,044 | +€8,049 | +6.7% |
| Tangible fixed assets | 22/27 | €111,945 | €117,649 | +€5,704 | +5.1% |
| Plant, machinery and equipment | 23 | €63,566 | €52,594 | -€10,972 | -17.3% |
| Furniture and vehicles | 24 | €2,923 | €18,994 | +€16,071 | +549.9% |
| Other tangible fixed assets | 26 | €45,457 | €46,061 | +€605 | +1.3% |
| Financial fixed assets | 28 | €8,050 | €10,395 | +€2,345 | +29.1% |
| Current assets | 29/58 | €37,250 | €94,933 | +€57,684 | +154.9% |
| Stocks and contracts in progress | 3 | €9,479 | €19,134 | +€9,655 | +101.9% |
| Stocks | 30/36 | €9,479 | €19,134 | +€9,655 | +101.9% |
| Amounts receivable within one year | 40/41 | €22,994 | €36,707 | +€13,713 | +59.6% |
| Trade receivables | 40 | €22,760 | €25,773 | +€3,013 | +13.2% |
| Other amounts receivable | 41 | €235 | €10,935 | +€10,700 | +4554.8% |
| Cash at bank and in hand | 54/58 | €3,323 | €38,028 | +€34,705 | +1044.5% |
| Deferred charges and accrued income | 490/1 | €1,454 | €1,064 | -€390 | -26.8% |
| Total equity and liabilities | 10/49 | €157,245 | €222,977 | +€65,732 | +41.8% |
| Equity | 10/15 | -€66,980 | -€105,819 | -€38,839 | -58.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,980 | -€115,819 | -€38,839 | -50.5% |
| Amounts payable | 17/49 | €224,225 | €328,796 | +€104,571 | +46.6% |
| Amounts payable within one year | 42/48 | €224,225 | €328,796 | +€104,571 | +46.6% |
| Current portion of amounts payable after more than one year | 42 | - | €96,960 | +€96,960 | |
| Trade debts | 44 | €73,532 | €85,659 | +€12,127 | +16.5% |
| Suppliers | 440/4 | €73,532 | €85,659 | +€12,127 | +16.5% |
| Taxes, remuneration and social security | 45 | €5,039 | €8,515 | +€3,476 | +69.0% |
| Taxes | 450/3 | €2,089 | €4,021 | +€1,932 | +92.5% |
| Remuneration and social security | 454/9 | €2,950 | €4,494 | +€1,544 | +52.3% |
| Other amounts payable | 47/48 | €145,654 | €137,661 | -€7,992 | -5.5% |
| Remuneration, social security and pensions | 62 | - | €15,566 | +€15,566 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,909 | €21,908 | +€10,999 | +100.8% |
| Other operating charges | 640/8 | €389 | €2,720 | +€2,331 | +599.7% |
| Non-recurring operating charges | 66A | €7,233 | - | -€7,233 | |
| Gross operating margin | 9900 | -€62,100 | €9,824 | +€71,924 | |
| Operating profit (loss) | 9901 | -€80,631 | -€30,370 | +€50,261 | +62.3% |
| Financial income | 75/76B | €4,511 | €269 | -€4,242 | -94.0% |
| Recurring financial income | 75 | €11 | €269 | +€258 | +2273.8% |
| Non-recurring financial income | 76B | €4,500 | - | -€4,500 | |
| Financial charges | 65/66B | €760 | €8,606 | +€7,846 | +1032.4% |
| Recurring financial charges | 65 | €760 | €8,606 | +€7,846 | +1032.4% |
| Profit (loss) for the period before taxes | 9903 | -€76,879 | -€38,707 | +€38,172 | +49.7% |
| Income taxes | 67/77 | €101 | €132 | +€31 | +31.1% |
| Profit (loss) for the period | 9904 | -€76,980 | -€38,839 | +€38,141 | +49.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€76,980 | -€38,839 | +€38,141 | +49.5% |
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.