MANAGELAB: 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.
MANAGELAB
Largest movements
- Receivables within one year -€496,600
down €496,600 (-44.9%), from €1.1m to €608,779
- Cash +€358,183
up €358,183 (+468%), from €76,557 to €434,740
mainly Receivables within one year (+€496,600) and Trade debts (+€57,298)
- Current investments +€133,000
new in 2025: €133,000
- Tax, wage and social debts -€80,196
down €80,196 (-97.1%), from €82,574 to €2,378
- Trade debts +€57,298
up €57,298 (+237%), from €24,180 to €81,478
- Financial income -€849,683
no longer reported in 2025 (was €849,683)
- Taxes -€82,001
down €82,001 (-91.9%), from €89,246 to €7,245
- Gross operating margin -€15,231
down €15,231 (-34.4%), from €44,277 to €29,046
- Purchases and services +€14,999
up €14,999 (+13.0%), from €115,554 to €130,553
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 | €2,371,549 | €2,368,757 | -€2,792 | -0.1% |
| Fixed assets | 21/28 | €1,189,613 | €1,192,238 | +€2,625 | +0.2% |
| Financial fixed assets | 28 | €1,189,613 | €1,192,238 | +€2,625 | +0.2% |
| Current assets | 29/58 | €1,181,936 | €1,176,519 | -€5,417 | -0.5% |
| Amounts receivable within one year | 40/41 | €1,105,379 | €608,779 | -€496,600 | -44.9% |
| Other amounts receivable | 41 | €1,105,379 | €608,779 | -€496,600 | -44.9% |
| Current investments | 50/53 | - | €133,000 | +€133,000 | |
| Cash at bank and in hand | 54/58 | €76,557 | €434,740 | +€358,183 | +468% |
| Total equity and liabilities | 10/49 | €2,371,549 | €2,368,757 | -€2,792 | -0.1% |
| Equity | 10/15 | €2,264,795 | €2,284,901 | +€20,106 | +0.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,408,028 | €1,428,134 | +€20,106 | +1.4% |
| 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 | €1,406,168 | €1,426,274 | +€20,106 | +1.4% |
| Profit (loss) carried forward | 14 | €844,367 | €844,367 | = | 0.0% |
| Amounts payable | 17/49 | €106,754 | €83,856 | -€22,898 | -21.4% |
| Amounts payable within one year | 42/48 | €106,754 | €83,856 | -€22,898 | -21.4% |
| Trade debts | 44 | €24,180 | €81,478 | +€57,298 | +237% |
| Suppliers | 440/4 | €24,180 | €81,478 | +€57,298 | +237% |
| Taxes, remuneration and social security | 45 | €82,574 | €2,378 | -€80,196 | -97.1% |
| Taxes | 450/3 | €82,574 | €2,378 | -€80,196 | -97.1% |
| Turnover | 70 | €159,831 | €159,598 | -€233 | -0.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €115,554 | €130,553 | +€14,999 | +13.0% |
| Other operating charges | 640/8 | €1,157 | €1,189 | +€32 | +2.8% |
| Gross operating margin | 9900 | €44,277 | €29,046 | -€15,231 | -34.4% |
| Operating profit (loss) | 9901 | €43,120 | €27,857 | -€15,263 | -35.4% |
| Financial income | 75/76B | €849,683 | - | -€849,683 | |
| Recurring financial income | 75 | €849,683 | - | -€849,683 | |
| Financial charges | 65/66B | €517 | €506 | -€11 | -2.1% |
| Recurring financial charges | 65 | €517 | €506 | -€11 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €892,286 | €27,351 | -€864,935 | -96.9% |
| Income taxes | 67/77 | €89,246 | €7,245 | -€82,001 | -91.9% |
| Profit (loss) for the period | 9904 | €803,040 | €20,106 | -€782,934 | -97.5% |
| Profit (loss) for the period to be appropriated | 9905 | €803,040 | €20,106 | -€782,934 | -97.5% |
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 21 October 2026 via checked.be.