ReadLab Brussels: 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.
ReadLab Brussels
Largest movements
- Cash +€97,271
up €97,271 (+74.9%), from €129,911 to €227,182
mainly Trade debts (+€55,407) and Net result for the year (+€54,997)
- Trade debts +€55,407
up €55,407 (+5,718%), from €969 to €56,376
- Profit (loss) carried forward +€54,997
up €54,997 (+50.7%), from €108,432 to €163,429
- Tax, wage and social debts -€12,922
down €12,922 (-71.3%), from €18,117 to €5,195
of which Taxes: -€13,259
- Staff costs -€14,644
down €14,644 (-14.8%), from €99,193 to €84,549
- Gross operating margin +€11,933
up €11,933 (+7.8%), from €153,886 to €165,819
- Taxes +€9,297
up €9,297 (+84.6%), from €10,987 to €20,284
- Other operating charges +€5,539
up €5,539 (+1,431%), from €387 to €5,926
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 | €139,356 | €236,837 | +€97,481 | +70.0% |
| Current assets | 29/58 | €139,356 | €236,837 | +€97,481 | +70.0% |
| Amounts receivable within one year | 40/41 | €9,445 | €9,655 | +€210 | +2.2% |
| Trade receivables | 40 | €5,691 | €7 | -€5,684 | -99.9% |
| Other amounts receivable | 41 | €3,754 | €9,648 | +€5,894 | +157% |
| Cash at bank and in hand | 54/58 | €129,911 | €227,182 | +€97,271 | +74.9% |
| Total equity and liabilities | 10/49 | €139,356 | €236,837 | +€97,481 | +70.0% |
| Equity | 10/15 | €111,432 | €166,429 | +€54,997 | +49.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €108,432 | €163,429 | +€54,997 | +50.7% |
| Amounts payable | 17/49 | €27,924 | €70,409 | +€42,485 | +152% |
| Amounts payable within one year | 42/48 | €27,924 | €70,409 | +€42,485 | +152% |
| Trade debts | 44 | €969 | €56,376 | +€55,407 | +5,718% |
| Suppliers | 440/4 | €969 | €56,376 | +€55,407 | +5,718% |
| Taxes, remuneration and social security | 45 | €18,117 | €5,195 | -€12,922 | -71.3% |
| Taxes | 450/3 | €13,307 | €48 | -€13,259 | -99.6% |
| Remuneration and social security | 454/9 | €4,810 | €5,147 | +€337 | +7.0% |
| Other amounts payable | 47/48 | €8,838 | €8,838 | -€0 | 0.0% |
| Remuneration, social security and pensions | 62 | €99,193 | €84,549 | -€14,644 | -14.8% |
| Other operating charges | 640/8 | €387 | €5,926 | +€5,539 | +1,431% |
| Gross operating margin | 9900 | €153,886 | €165,819 | +€11,933 | +7.8% |
| Operating profit (loss) | 9901 | €54,306 | €75,345 | +€21,039 | +38.7% |
| Financial charges | 65/66B | €148 | €65 | -€83 | -56.3% |
| Recurring financial charges | 65 | €148 | €65 | -€83 | -56.3% |
| Profit (loss) for the period before taxes | 9903 | €54,158 | €75,280 | +€21,122 | +39.0% |
| Income taxes | 67/77 | €10,987 | €20,284 | +€9,297 | +84.6% |
| Profit (loss) for the period | 9904 | €43,171 | €54,997 | +€11,826 | +27.4% |
| Profit (loss) for the period to be appropriated | 9905 | €43,171 | €54,997 | +€11,826 | +27.4% |
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 13 October 2026 via checked.be.