PROPERTY LAB: what changed
PROPERTY LAB
Largest movements
- Cash +€17,786
up €17,786 (+61.4%), from €28,966 to €46,752
mainly Net result for the year (+€40,460) and Other debts (+€21,366)
- Receivables within one year +€3,300
up €3,300 (+8.3%), from €39,939 to €43,239
of which Trade receivables: +€8,460
- Deferred charges and accrued income -€1,016
down €1,016 (-49.7%), from €2,045 to €1,029
- Other debts +€21,366
up €21,366 (+109%), from €19,530 to €40,896
- Tax, wage and social debts -€1,887
down €1,887 (-22.5%), from €8,390 to €6,503
of which Taxes: -€3,014
- Accrued charges and deferred income +€1,803
new in 2025: €1,803
- Short-term financial debts -€1,039
down €1,039 (-100%), from €1,039 to €0
- Gross operating margin +€24,689
up €24,689 (+34.0%), from €72,633 to €97,322
- Other operating charges +€2,398
up €2,398 (+75.4%), from €3,183 to €5,581
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €71,230 | €91,300 | +€20,070 | +28.2% |
| Fixed assets | 21/28 | €280 | €280 | = | 0.0% |
| Financial fixed assets | 28 | €280 | €280 | = | 0.0% |
| Current assets | 29/58 | €70,950 | €91,020 | +€20,070 | +28.3% |
| Amounts receivable within one year | 40/41 | €39,939 | €43,239 | +€3,300 | +8.3% |
| Trade receivables | 40 | €31,372 | €39,832 | +€8,460 | +27.0% |
| Other amounts receivable | 41 | €8,567 | €3,407 | -€5,161 | -60.2% |
| Cash at bank and in hand | 54/58 | €28,966 | €46,752 | +€17,786 | +61.4% |
| Deferred charges and accrued income | 490/1 | €2,045 | €1,029 | -€1,016 | -49.7% |
| Total equity and liabilities | 10/49 | €71,230 | €91,300 | +€20,070 | +28.2% |
| Equity | 10/15 | €25,948 | €26,408 | +€460 | +1.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €948 | €1,408 | +€460 | +48.5% |
| Amounts payable | 17/49 | €45,282 | €64,892 | +€19,610 | +43.3% |
| Amounts payable within one year | 42/48 | €45,282 | €63,089 | +€17,807 | +39.3% |
| Financial debts | 43 | €1,039 | €0 | -€1,039 | -100% |
| Credit institutions | 430/8 | €1,039 | €0 | -€1,039 | -100% |
| Trade debts | 44 | €16,323 | €15,690 | -€633 | -3.9% |
| Suppliers | 440/4 | €16,323 | €15,690 | -€633 | -3.9% |
| Taxes, remuneration and social security | 45 | €8,390 | €6,503 | -€1,887 | -22.5% |
| Taxes | 450/3 | €3,250 | €236 | -€3,014 | -92.7% |
| Remuneration and social security | 454/9 | €5,140 | €6,267 | +€1,127 | +21.9% |
| Other amounts payable | 47/48 | €19,530 | €40,896 | +€21,366 | +109% |
| Accrued charges and deferred income | 492/3 | - | €1,803 | +€1,803 | |
| Remuneration, social security and pensions | 62 | €48,472 | €49,060 | +€589 | +1.2% |
| Other operating charges | 640/8 | €3,183 | €5,581 | +€2,398 | +75.4% |
| Gross operating margin | 9900 | €72,633 | €97,322 | +€24,689 | +34.0% |
| Operating profit (loss) | 9901 | €20,979 | €42,680 | +€21,702 | +103% |
| Financial income | 75/76B | €184 | €29 | -€156 | -84.3% |
| Recurring financial income | 75 | €184 | €29 | -€156 | -84.3% |
| Financial charges | 65/66B | €622 | €1,242 | +€620 | +99.6% |
| Recurring financial charges | 65 | €622 | €1,242 | +€620 | +99.6% |
| Profit (loss) for the period before taxes | 9903 | €20,541 | €41,467 | +€20,926 | +102% |
| Income taxes | 67/77 | €1,771 | €1,007 | -€764 | -43.1% |
| Profit (loss) for the period | 9904 | €18,769 | €40,460 | +€21,691 | +116% |
| Profit (loss) for the period to be appropriated | 9905 | €18,769 | €40,460 | +€21,691 | +116% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.