LivingLabs: 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.
LivingLabs
Largest movements
- Receivables within one year +€9,282
up €9,282 (+8.3%), from €112,157 to €121,439
of which Other amounts receivable: +€12,161
- Other debts +€22,831
up €22,831 (+10.2%), from €223,874 to €246,705
- Reserves +€15,254
up €15,254 (+13.1%), from €116,673 to €131,927
of which Distributable reserves: +€15,254
- Tax, wage and social debts -€15,109
down €15,109 (-73.5%), from €20,569 to €5,459
of which Taxes: -€15,655
- Debts after one year -€13,687
down €13,687 (-16.3%), from €84,088 to €70,402
- Gross operating margin -€34,154
down €34,154 (-39.4%), from €86,695 to €52,541
- Taxes -€14,418
down €14,418 (-69.3%), from €20,805 to €6,387
- Depreciation +€3,127
up €3,127 (+21.5%), from €14,538 to €17,665
- Staff costs +€1,484
up €1,484 (+70.9%), from €2,093 to €3,576
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 | €482,820 | €496,052 | +€13,232 | +2.7% |
| Fixed assets | 21/28 | €359,629 | €360,551 | +€922 | +0.3% |
| Tangible fixed assets | 22/27 | €359,629 | €360,551 | +€922 | +0.3% |
| Land and buildings | 22 | €339,224 | €327,743 | -€11,481 | -3.4% |
| Plant, machinery and equipment | 23 | €16,011 | €26,171 | +€10,161 | +63.5% |
| Furniture and vehicles | 24 | €4,394 | €6,636 | +€2,243 | +51.0% |
| Current assets | 29/58 | €123,191 | €135,501 | +€12,310 | +10.0% |
| Stocks and contracts in progress | 3 | €756 | €0 | -€756 | -100% |
| Stocks | 30/36 | €756 | €0 | -€756 | -100% |
| Amounts receivable within one year | 40/41 | €112,157 | €121,439 | +€9,282 | +8.3% |
| Trade receivables | 40 | €4,344 | €1,464 | -€2,879 | -66.3% |
| Other amounts receivable | 41 | €107,813 | €119,974 | +€12,161 | +11.3% |
| Cash at bank and in hand | 54/58 | €10,278 | €14,063 | +€3,785 | +36.8% |
| Total equity and liabilities | 10/49 | €482,820 | €496,052 | +€13,232 | +2.7% |
| Equity | 10/15 | €136,673 | €151,927 | +€15,254 | +11.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €116,673 | €131,927 | +€15,254 | +13.1% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €114,673 | €129,927 | +€15,254 | +13.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €346,146 | €344,125 | -€2,021 | -0.6% |
| Amounts payable after more than one year | 17 | €84,088 | €70,402 | -€13,687 | -16.3% |
| Financial debts | 170/4 | €84,088 | €70,402 | -€13,687 | -16.3% |
| Amounts payable within one year | 42/48 | €261,061 | €269,090 | +€8,029 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €14,418 | €13,119 | -€1,299 | -9.0% |
| Trade debts | 44 | €2,201 | €3,807 | +€1,606 | +73.0% |
| Suppliers | 440/4 | €2,201 | €3,807 | +€1,606 | +73.0% |
| Taxes, remuneration and social security | 45 | €20,569 | €5,459 | -€15,109 | -73.5% |
| Taxes | 450/3 | €20,569 | €4,913 | -€15,655 | -76.1% |
| Remuneration and social security | 454/9 | - | €546 | +€546 | |
| Other amounts payable | 47/48 | €223,874 | €246,705 | +€22,831 | +10.2% |
| Accrued charges and deferred income | 492/3 | €997 | €4,633 | +€3,637 | +365% |
| Non-recurring operating income | 76A | €61 | €0 | -€61 | -100% |
| Remuneration, social security and pensions | 62 | €2,093 | €3,576 | +€1,484 | +70.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,538 | €17,665 | +€3,127 | +21.5% |
| Other operating charges | 640/8 | €1,123 | €1,639 | +€517 | +46.0% |
| Gross operating margin | 9900 | €86,695 | €52,541 | -€34,154 | -39.4% |
| Operating profit (loss) | 9901 | €68,942 | €29,660 | -€39,282 | -57.0% |
| Financial income | 75/76B | €3,431 | €3,213 | -€217 | -6.3% |
| Recurring financial income | 75 | €3,431 | €3,213 | -€217 | -6.3% |
| Financial charges | 65/66B | €10,543 | €11,233 | +€690 | +6.5% |
| Recurring financial charges | 65 | €10,543 | €11,233 | +€690 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | €61,830 | €21,641 | -€40,189 | -65.0% |
| Income taxes | 67/77 | €20,805 | €6,387 | -€14,418 | -69.3% |
| Profit (loss) for the period | 9904 | €41,025 | €15,254 | -€25,772 | -62.8% |
| Profit (loss) for the period to be appropriated | 9905 | €41,025 | €15,254 | -€25,772 | -62.8% |
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 15 October 2026 via checked.be.