NELAB: what changed
Two fiscal 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.
NELAB
Largest movements
- Current investments +€20,000
new in 2025: €20,000
- Deferred charges and accrued income +€2,695
up €2,695 (+42.8%), from €6,302 to €8,997
- Tangible fixed assets +€1,592
new in 2025: €1,592
- Cash +€673
up €673 (+3.3%), from €20,154 to €20,827
mainly Net result for the year (+€24,028) and Tax, wage and social debts (+€2,267)
- Receivables within one year +€646
new in 2025: €646
- Reserves +€24,028
up €24,028 (+145.5%), from €16,517 to €40,545
- Tax, wage and social debts +€2,267
up €2,267 (+42.8%), from €5,299 to €7,565
- Other debts -€2,098
no longer reported in 2025 (was €2,098)
- Trade debts +€912
up €912 (+3032.0%), from €30 to €942
- Gross operating margin +€11,044
up €11,044 (+51.5%), from €21,451 to €32,495
- Taxes +€2,305
up €2,305 (+46.7%), from €4,939 to €7,244
- Financial charges +€680
up €680, from -€4 to €676
- Depreciation +€651
new in 2025: €651
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 | €26,456 | €52,062 | +€25,606 | +96.8% |
| Fixed assets | 21/28 | - | €1,592 | +€1,592 | |
| Tangible fixed assets | 22/27 | - | €1,592 | +€1,592 | |
| Plant, machinery and equipment | 23 | - | €1,592 | +€1,592 | |
| Current assets | 29/58 | €26,456 | €50,470 | +€24,014 | +90.8% |
| Amounts receivable within one year | 40/41 | - | €646 | +€646 | |
| Other amounts receivable | 41 | - | €646 | +€646 | |
| Current investments | 50/53 | - | €20,000 | +€20,000 | |
| Cash at bank and in hand | 54/58 | €20,154 | €20,827 | +€673 | +3.3% |
| Deferred charges and accrued income | 490/1 | €6,302 | €8,997 | +€2,695 | +42.8% |
| Total equity and liabilities | 10/49 | €26,456 | €52,062 | +€25,606 | +96.8% |
| Equity | 10/15 | €17,517 | €41,545 | +€24,028 | +137.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €16,517 | €40,545 | +€24,028 | +145.5% |
| Distributable reserves | 133 | €16,517 | €40,545 | +€24,028 | +145.5% |
| Amounts payable | 17/49 | €8,939 | €10,517 | +€1,578 | +17.7% |
| Amounts payable within one year | 42/48 | €7,427 | €8,508 | +€1,081 | +14.6% |
| Trade debts | 44 | €30 | €942 | +€912 | +3032.0% |
| Suppliers | 440/4 | €30 | €942 | +€912 | +3032.0% |
| Taxes, remuneration and social security | 45 | €5,299 | €7,565 | +€2,267 | +42.8% |
| Taxes | 450/3 | €5,299 | €7,565 | +€2,267 | +42.8% |
| Other amounts payable | 47/48 | €2,098 | - | -€2,098 | |
| Accrued charges and deferred income | 492/3 | €1,513 | €2,009 | +€497 | +32.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €651 | +€651 | |
| Other operating charges | 640/8 | - | €126 | +€126 | |
| Gross operating margin | 9900 | €21,451 | €32,495 | +€11,044 | +51.5% |
| Operating profit (loss) | 9901 | €21,451 | €31,718 | +€10,267 | +47.9% |
| Financial income | 75/76B | - | €230 | +€230 | |
| Recurring financial income | 75 | - | €230 | +€230 | |
| Financial charges | 65/66B | -€4 | €676 | +€680 | |
| Recurring financial charges | 65 | -€4 | €676 | +€680 | |
| Profit (loss) for the period before taxes | 9903 | €21,455 | €31,272 | +€9,816 | +45.8% |
| Income taxes | 67/77 | €4,939 | €7,244 | +€2,305 | +46.7% |
| Profit (loss) for the period | 9904 | €16,517 | €24,028 | +€7,511 | +45.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,517 | €24,028 | +€7,511 | +45.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.