R & O LAB: 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.
R & O LAB
Largest movements
- Receivables within one year -€72,280
down €72,280 (-28.7%), from €251,496 to €179,216
of which Other amounts receivable: -€75,479
- Intangible fixed assets +€19,706
up €19,706 (+17.9%), from €109,807 to €129,513
- Tangible fixed assets -€15,988
down €15,988 (-17.3%), from €92,636 to €76,648
of which Other tangible fixed assets: -€15,000
- Cash -€7,655
down €7,655 (-50.5%), from €15,171 to €7,516
mainly Other debts (-€126,561) and Investment in fixed assets (net) (-€38,938)
- Other debts -€126,561
down €126,561 (-81.2%), from €155,829 to €29,268
- Tax, wage and social debts +€53,941
up €53,941 (+136%), from €39,803 to €93,744
of which Remuneration and social security: +€29,523
- Trade debts +€42,319
up €42,319 (+187%), from €22,664 to €64,983
- Profit (loss) carried forward -€18,557
down €18,557, from €14,842 to -€3,714
- Debts after one year -€14,679
down €14,679 (-8.8%), from €166,391 to €151,713
- Staff costs +€7,164
up €7,164 (+2.3%), from €317,319 to €324,484
- Gross operating margin -€3,974
down €3,974 (-1.1%), from €360,237 to €356,262
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €469,109 | €392,893 | -€76,216 | -16.2% |
| Fixed assets | 21/28 | €202,442 | €206,161 | +€3,718 | +1.8% |
| Intangible fixed assets | 21 | €109,807 | €129,513 | +€19,706 | +17.9% |
| Tangible fixed assets | 22/27 | €92,636 | €76,648 | -€15,988 | -17.3% |
| Plant, machinery and equipment | 23 | €2,636 | €1,648 | -€988 | -37.5% |
| Other tangible fixed assets | 26 | €90,000 | €75,000 | -€15,000 | -16.7% |
| Current assets | 29/58 | €266,667 | €186,732 | -€79,935 | -30.0% |
| Amounts receivable within one year | 40/41 | €251,496 | €179,216 | -€72,280 | -28.7% |
| Trade receivables | 40 | €176,017 | €179,216 | +€3,199 | +1.8% |
| Other amounts receivable | 41 | €75,479 | - | -€75,479 | |
| Cash at bank and in hand | 54/58 | €15,171 | €7,516 | -€7,655 | -50.5% |
| Total equity and liabilities | 10/49 | €469,109 | €392,893 | -€76,216 | -16.2% |
| Equity | 10/15 | €22,902 | €4,346 | -€18,557 | -81.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,842 | -€3,714 | -€18,557 | |
| Amounts payable | 17/49 | €446,207 | €388,547 | -€57,659 | -12.9% |
| Amounts payable after more than one year | 17 | €166,391 | €151,713 | -€14,679 | -8.8% |
| Financial debts | 170/4 | €166,391 | €151,713 | -€14,679 | -8.8% |
| Amounts payable within one year | 42/48 | €279,815 | €236,835 | -€42,981 | -15.4% |
| Current portion of amounts payable after more than one year | 42 | €61,519 | €48,839 | -€12,679 | -20.6% |
| Trade debts | 44 | €22,664 | €64,983 | +€42,319 | +187% |
| Suppliers | 440/4 | €22,664 | €64,983 | +€42,319 | +187% |
| Taxes, remuneration and social security | 45 | €39,803 | €93,744 | +€53,941 | +136% |
| Taxes | 450/3 | €18,322 | €42,739 | +€24,418 | +133% |
| Remuneration and social security | 454/9 | €21,481 | €51,005 | +€29,523 | +137% |
| Other amounts payable | 47/48 | €155,829 | €29,268 | -€126,561 | -81.2% |
| Remuneration, social security and pensions | 62 | €317,319 | €324,484 | +€7,164 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,046 | €35,220 | +€3,173 | +9.9% |
| Other operating charges | 640/8 | €473 | €2,592 | +€2,119 | +448% |
| Gross operating margin | 9900 | €360,237 | €356,262 | -€3,974 | -1.1% |
| Operating profit (loss) | 9901 | €10,398 | -€6,033 | -€16,431 | |
| Financial charges | 65/66B | €9,192 | €12,523 | +€3,332 | +36.2% |
| Recurring financial charges | 65 | €9,192 | €12,523 | +€3,332 | +36.2% |
| Profit (loss) for the period before taxes | 9903 | €1,206 | -€18,557 | -€19,762 | |
| Income taxes | 67/77 | €1,229 | - | -€1,229 | |
| Profit (loss) for the period | 9904 | -€23 | -€18,557 | -€18,534 | -80,722% |
| Profit (loss) for the period to be appropriated | 9905 | -€23 | -€18,557 | -€18,534 | -80,722% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.