LabAS: 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.
LabAS
Largest movements
- Intangible fixed assets -€24,630
down €24,630 (-58.5%), from €42,130 to €17,500
- Receivables within one year +€16,025
up €16,025 (+14.6%), from €110,091 to €126,116
of which Trade receivables: +€16,080
- Tangible fixed assets -€2,048
down €2,048 (-40.7%), from €5,028 to €2,980
of which Furniture and vehicles: -€1,580
- Profit (loss) carried forward -€22,243
down €22,243 (-92.3%), from €24,102 to €1,859
- Debts after one year +€8,287
up €8,287 (+8.6%), from €96,717 to €105,005
- Tax, wage and social debts +€2,025
up €2,025 (+29.4%), from €6,894 to €8,919
of which Remuneration and social security: +€2,885
- Gross operating margin -€5,070
down €5,070 (-14.4%), from €35,177 to €30,107
- Staff costs -€1,837
down €1,837 (-8.0%), from €22,991 to €21,155
- Depreciation +€526
up €526 (+2.0%), from €26,152 to €26,678
- Other operating charges -€475
down €475 (-25.1%), from €1,895 to €1,420
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 | €167,489 | €155,422 | -€12,067 | -7.2% |
| Fixed assets | 21/28 | €47,245 | €20,567 | -€26,678 | -56.5% |
| Intangible fixed assets | 21 | €42,130 | €17,500 | -€24,630 | -58.5% |
| Tangible fixed assets | 22/27 | €5,028 | €2,980 | -€2,048 | -40.7% |
| Furniture and vehicles | 24 | €3,303 | €1,722 | -€1,580 | -47.9% |
| Other tangible fixed assets | 26 | €1,725 | €1,258 | -€467 | -27.1% |
| Financial fixed assets | 28 | €87 | €87 | = | 0.0% |
| Current assets | 29/58 | €120,244 | €134,855 | +€14,611 | +12.2% |
| Amounts receivable within one year | 40/41 | €110,091 | €126,116 | +€16,025 | +14.6% |
| Trade receivables | 40 | €100,157 | €116,237 | +€16,080 | +16.1% |
| Other amounts receivable | 41 | €9,934 | €9,879 | -€55 | -0.6% |
| Cash at bank and in hand | 54/58 | €6,625 | €5,776 | -€849 | -12.8% |
| Deferred charges and accrued income | 490/1 | €3,528 | €2,963 | -€565 | -16.0% |
| Total equity and liabilities | 10/49 | €167,489 | €155,422 | -€12,067 | -7.2% |
| Equity | 10/15 | €62,158 | €39,916 | -€22,243 | -35.8% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €31,859 | €31,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,102 | €1,859 | -€22,243 | -92.3% |
| Amounts payable | 17/49 | €105,330 | €115,506 | +€10,176 | +9.7% |
| Amounts payable after more than one year | 17 | €96,717 | €105,005 | +€8,287 | +8.6% |
| Other amounts payable | 178/9 | €96,717 | €105,005 | +€8,287 | +8.6% |
| Amounts payable within one year | 42/48 | €8,613 | €10,501 | +€1,888 | +21.9% |
| Current portion of amounts payable after more than one year | 42 | €1,719 | €1,583 | -€136 | -7.9% |
| Taxes, remuneration and social security | 45 | €6,894 | €8,919 | +€2,025 | +29.4% |
| Taxes | 450/3 | €4,401 | €3,541 | -€860 | -19.5% |
| Remuneration and social security | 454/9 | €2,493 | €5,377 | +€2,885 | +115.7% |
| Remuneration, social security and pensions | 62 | €22,991 | €21,155 | -€1,837 | -8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,152 | €26,678 | +€526 | +2.0% |
| Other operating charges | 640/8 | €1,895 | €1,420 | -€475 | -25.1% |
| Gross operating margin | 9900 | €35,177 | €30,107 | -€5,070 | -14.4% |
| Operating profit (loss) | 9901 | -€15,861 | -€19,145 | -€3,284 | -20.7% |
| Financial charges | 65/66B | €2,780 | €2,976 | +€197 | +7.1% |
| Recurring financial charges | 65 | €2,780 | €2,976 | +€197 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | -€18,641 | -€22,121 | -€3,481 | -18.7% |
| Income taxes | 67/77 | €66 | €121 | +€55 | +83.7% |
| Profit (loss) for the period | 9904 | -€18,707 | -€22,243 | -€3,536 | -18.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,707 | -€22,243 | -€3,536 | -18.9% |
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 4 October 2026 via checked.be.