Liquid Labs: 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.
Liquid Labs
Largest movements
- Cash +€10,592
up €10,592 (+7.0%), from €151,440 to €162,033
mainly Net result for the year (+€57,613) and Other debts (+€52,373)
- Receivables within one year +€8,280
up €8,280 (+10.9%), from €75,704 to €83,984
of which Other amounts receivable: +€4,393
- Tangible fixed assets -€3,147
down €3,147 (-54.7%), from €5,752 to €2,605
of which Furniture and vehicles: -€2,440
- Other debts +€52,373
up €52,373 (+842.5%), from €6,216 to €58,590
- Tax, wage and social debts -€38,079
down €38,079 (-62.7%), from €60,758 to €22,679
of which Taxes: -€38,079
- Gross operating margin +€1,205
up €1,205 (+1.5%), from €82,135 to €83,340
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 | €233,332 | €248,785 | +€15,454 | +6.6% |
| Fixed assets | 21/28 | €5,752 | €2,605 | -€3,147 | -54.7% |
| Tangible fixed assets | 22/27 | €5,752 | €2,605 | -€3,147 | -54.7% |
| Plant, machinery and equipment | 23 | €1,506 | €799 | -€707 | -47.0% |
| Furniture and vehicles | 24 | €4,246 | €1,806 | -€2,440 | -57.5% |
| Current assets | 29/58 | €227,580 | €246,180 | +€18,601 | +8.2% |
| Amounts receivable within one year | 40/41 | €75,704 | €83,984 | +€8,280 | +10.9% |
| Trade receivables | 40 | €72,952 | €76,840 | +€3,887 | +5.3% |
| Other amounts receivable | 41 | €2,752 | €7,145 | +€4,393 | +159.6% |
| Cash at bank and in hand | 54/58 | €151,440 | €162,033 | +€10,592 | +7.0% |
| Deferred charges and accrued income | 490/1 | €435 | €163 | -€272 | -62.6% |
| Total equity and liabilities | 10/49 | €233,332 | €248,785 | +€15,454 | +6.6% |
| Equity | 10/15 | €162,009 | €162,009 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €160,009 | €160,009 | = | 0.0% |
| Distributable reserves | 133 | €160,009 | €160,009 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €71,322 | €86,776 | +€15,454 | +21.7% |
| Amounts payable within one year | 42/48 | €71,322 | €86,776 | +€15,454 | +21.7% |
| Financial debts | 43 | €1,738 | €1,882 | +€143 | +8.2% |
| Credit institutions | 430/8 | €1,738 | €1,882 | +€143 | +8.2% |
| Trade debts | 44 | €2,610 | €3,625 | +€1,016 | +38.9% |
| Suppliers | 440/4 | €2,610 | €3,625 | +€1,016 | +38.9% |
| Taxes, remuneration and social security | 45 | €60,758 | €22,679 | -€38,079 | -62.7% |
| Taxes | 450/3 | €60,758 | €22,679 | -€38,079 | -62.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €6,216 | €58,590 | +€52,373 | +842.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,883 | €3,147 | +€264 | +9.1% |
| Other operating charges | 640/8 | €118 | €729 | +€611 | +517.8% |
| Gross operating margin | 9900 | €82,135 | €83,340 | +€1,205 | +1.5% |
| Operating profit (loss) | 9901 | €79,134 | €79,465 | +€331 | +0.4% |
| Financial income | 75/76B | €153 | €28 | -€125 | -81.4% |
| Recurring financial income | 75 | €153 | €28 | -€125 | -81.4% |
| Financial charges | 65/66B | €172 | €553 | +€381 | +221.9% |
| Recurring financial charges | 65 | €172 | €553 | +€381 | +221.9% |
| Profit (loss) for the period before taxes | 9903 | €79,115 | €78,940 | -€175 | -0.2% |
| Income taxes | 67/77 | €20,631 | €21,327 | +€696 | +3.4% |
| Profit (loss) for the period | 9904 | €58,484 | €57,613 | -€871 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €58,484 | €57,613 | -€871 | -1.5% |
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 9 October 2026 via checked.be.