LABEL 74: 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.
LABEL 74
Largest movements
- Receivables within one year -€49,695
down €49,695 (-42.4%), from €117,073 to €67,378
of which Other amounts receivable: -€29,539
- Cash -€17,029
down €17,029 (-71.0%), from €23,978 to €6,949
mainly Net result for the year (-€33,890) and Trade debts (-€15,168)
- Deferred charges and accrued income +€8,641
up €8,641 (+1,441%), from €600 to €9,241
- Profit (loss) carried forward -€33,890
new in 2025: -€33,890
- Trade debts -€15,168
down €15,168 (-14.6%), from €103,546 to €88,378
- Tax, wage and social debts -€9,195
down €9,195 (-32.8%), from €28,047 to €18,852
of which Taxes: -€9,731
- Gross operating margin -€33,646
down €33,646 (-36.9%), from €91,287 to €57,641
- Staff costs +€4,048
up €4,048 (+4.8%), from €83,681 to €87,729
- Taxes -€1,254
down €1,254 (-82.1%), from €1,528 to €273
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 | €142,781 | €84,527 | -€58,253 | -40.8% |
| Fixed assets | 21/28 | €389 | €78 | -€311 | -80.0% |
| Tangible fixed assets | 22/27 | €389 | €78 | -€311 | -80.0% |
| Furniture and vehicles | 24 | €389 | €78 | -€311 | -80.0% |
| Current assets | 29/58 | €142,391 | €84,449 | -€57,942 | -40.7% |
| Stocks and contracts in progress | 3 | €741 | €882 | +€141 | +19.0% |
| Stocks | 30/36 | €741 | €882 | +€141 | +19.0% |
| Amounts receivable within one year | 40/41 | €117,073 | €67,378 | -€49,695 | -42.4% |
| Trade receivables | 40 | €69,794 | €49,637 | -€20,157 | -28.9% |
| Other amounts receivable | 41 | €47,279 | €17,741 | -€29,539 | -62.5% |
| Cash at bank and in hand | 54/58 | €23,978 | €6,949 | -€17,029 | -71.0% |
| Deferred charges and accrued income | 490/1 | €600 | €9,241 | +€8,641 | +1,441% |
| Total equity and liabilities | 10/49 | €142,781 | €84,527 | -€58,253 | -40.8% |
| Equity | 10/15 | €11,187 | -€22,703 | -€33,890 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €4,987 | €4,987 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €3,127 | €3,127 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€33,890 | -€33,890 | |
| Amounts payable | 17/49 | €131,593 | €107,230 | -€24,363 | -18.5% |
| Amounts payable within one year | 42/48 | €131,593 | €107,230 | -€24,363 | -18.5% |
| Trade debts | 44 | €103,546 | €88,378 | -€15,168 | -14.6% |
| Suppliers | 440/4 | €103,546 | €88,378 | -€15,168 | -14.6% |
| Taxes, remuneration and social security | 45 | €28,047 | €18,852 | -€9,195 | -32.8% |
| Taxes | 450/3 | €17,184 | €7,454 | -€9,731 | -56.6% |
| Remuneration and social security | 454/9 | €10,863 | €11,398 | +€536 | +4.9% |
| Remuneration, social security and pensions | 62 | €83,681 | €87,729 | +€4,048 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €311 | €311 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,496 | €2,670 | -€827 | -23.6% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €91,287 | €57,641 | -€33,646 | -36.9% |
| Operating profit (loss) | 9901 | €3,411 | -€33,470 | -€36,880 | |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €6 | €156 | +€150 | +2,499% |
| Recurring financial charges | 65 | €6 | €156 | +€150 | +2,499% |
| Profit (loss) for the period before taxes | 9903 | €3,405 | -€33,617 | -€37,022 | |
| Income taxes | 67/77 | €1,528 | €273 | -€1,254 | -82.1% |
| Profit (loss) for the period | 9904 | €1,877 | -€33,890 | -€35,768 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,877 | -€33,890 | -€35,768 |
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 19 October 2026 via checked.be.