LabCore: 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.
LabCore
Largest movements
- Cash -€29,094
down €29,094 (-58.2%), from €49,993 to €20,899
mainly Contributions, distributions and other (-€64,000) and Debts after one year (-€15,484)
- Tangible fixed assets -€21,926
down €21,926 (-24.7%), from €88,873 to €66,947
of which Furniture and vehicles: -€21,140
- Receivables within one year +€10,874
up €10,874 (+26.7%), from €40,759 to €51,632
of which Trade receivables: +€7,634
- Profit (loss) carried forward -€21,973
down €21,973 (-33.9%), from €64,910 to €42,936
- Debts after one year -€15,484
down €15,484 (-38.7%), from €39,965 to €24,481
- Tax, wage and social debts -€9,260
down €9,260 (-61.3%), from €15,107 to €5,847
of which Taxes: -€11,860
- Other debts +€6,498
up €6,498 (+16.2%), from €40,000 to €46,498
- Depreciation +€9,809
up €9,809 (+81.0%), from €12,117 to €21,926
- Gross operating margin -€8,599
down €8,599 (-10.0%), from €86,162 to €77,563
- Taxes -€3,762
down €3,762 (-24.9%), from €15,108 to €11,345
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 | €179,956 | €140,865 | -€39,091 | -21.7% |
| Fixed assets | 21/28 | €88,873 | €66,947 | -€21,926 | -24.7% |
| Tangible fixed assets | 22/27 | €88,873 | €66,947 | -€21,926 | -24.7% |
| Plant, machinery and equipment | 23 | €3,131 | €2,345 | -€786 | -25.1% |
| Furniture and vehicles | 24 | €85,743 | €64,602 | -€21,140 | -24.7% |
| Current assets | 29/58 | €91,083 | €73,918 | -€17,165 | -18.8% |
| Amounts receivable within one year | 40/41 | €40,759 | €51,632 | +€10,874 | +26.7% |
| Trade receivables | 40 | €34,451 | €42,085 | +€7,634 | +22.2% |
| Other amounts receivable | 41 | €6,308 | €9,547 | +€3,239 | +51.3% |
| Cash at bank and in hand | 54/58 | €49,993 | €20,899 | -€29,094 | -58.2% |
| Deferred charges and accrued income | 490/1 | €331 | €1,386 | +€1,056 | +319% |
| Total equity and liabilities | 10/49 | €179,956 | €140,865 | -€39,091 | -21.7% |
| Equity | 10/15 | €67,410 | €45,436 | -€21,973 | -32.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,910 | €42,936 | -€21,973 | -33.9% |
| Amounts payable | 17/49 | €112,546 | €95,429 | -€17,117 | -15.2% |
| Amounts payable after more than one year | 17 | €39,965 | €24,481 | -€15,484 | -38.7% |
| Financial debts | 170/4 | €39,965 | €24,481 | -€15,484 | -38.7% |
| Amounts payable within one year | 42/48 | €72,581 | €70,778 | -€1,803 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €14,846 | €15,484 | +€638 | +4.3% |
| Trade debts | 44 | €2,628 | €2,949 | +€321 | +12.2% |
| Suppliers | 440/4 | €2,628 | €2,949 | +€321 | +12.2% |
| Taxes, remuneration and social security | 45 | €15,107 | €5,847 | -€9,260 | -61.3% |
| Taxes | 450/3 | €15,107 | €3,247 | -€11,860 | -78.5% |
| Remuneration and social security | 454/9 | - | €2,600 | +€2,600 | |
| Other amounts payable | 47/48 | €40,000 | €46,498 | +€6,498 | +16.2% |
| Accrued charges and deferred income | 492/3 | - | €170 | +€170 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,117 | €21,926 | +€9,809 | +81.0% |
| Other operating charges | 640/8 | €121 | €80 | -€42 | -34.4% |
| Gross operating margin | 9900 | €86,162 | €77,563 | -€8,599 | -10.0% |
| Operating profit (loss) | 9901 | €73,923 | €55,557 | -€18,366 | -24.8% |
| Financial income | 75/76B | €106 | - | -€106 | |
| Recurring financial income | 75 | €106 | - | -€106 | |
| Financial charges | 65/66B | €1,562 | €2,185 | +€623 | +39.9% |
| Recurring financial charges | 65 | €1,562 | €2,185 | +€623 | +39.9% |
| Profit (loss) for the period before taxes | 9903 | €72,467 | €53,372 | -€19,095 | -26.4% |
| Income taxes | 67/77 | €15,108 | €11,345 | -€3,762 | -24.9% |
| Profit (loss) for the period | 9904 | €57,359 | €42,027 | -€15,333 | -26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €57,359 | €42,027 | -€15,333 | -26.7% |
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 13 October 2026 via checked.be.