REAL 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.
REAL LAB
Largest movements
- Receivables within one year -€30,534
down €30,534 (-50.7%), from €60,256 to €29,722
of which Trade receivables: -€27,737
- Cash +€12,158
up €12,158 (+21.6%), from €56,375 to €68,534
mainly Receivables within one year (+€30,534) and Depreciation (+€8,657)
- Receivables after one year -€6,360
down €6,360 (-53.8%), from €11,820 to €5,460
- Financial fixed assets +€2,800
new in 2024: €2,800
- Trade debts -€12,295
down €12,295 (-16.7%), from €73,485 to €61,190
- Profit (loss) carried forward -€11,579
down €11,579 (-26.5%), from €43,733 to €32,154
- Gross operating margin -€40,607
down €40,607, from €37,795 to -€2,812
- Staff costs -€29,617
no longer reported in 2024 (was €29,617)
- Depreciation -€431
down €431 (-4.7%), from €9,088 to €8,657
- Financial income -€381
down €381 (-69.5%), from €547 to €167
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.
Cash bridge derived
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 | €141,946 | €119,472 | -€22,473 | -15.8% |
| Fixed assets | 21/28 | €12,415 | €14,513 | +€2,098 | +16.9% |
| Tangible fixed assets | 22/27 | €12,415 | €11,713 | -€702 | -5.7% |
| Plant, machinery and equipment | 23 | €436 | €7,254 | +€6,818 | +1565.0% |
| Furniture and vehicles | 24 | €11,979 | €4,460 | -€7,519 | -62.8% |
| Financial fixed assets | 28 | - | €2,800 | +€2,800 | |
| Current assets | 29/58 | €129,531 | €104,959 | -€24,572 | -19.0% |
| Amounts receivable after more than one year | 29 | €11,820 | €5,460 | -€6,360 | -53.8% |
| Other amounts receivable | 291 | €11,820 | €5,460 | -€6,360 | -53.8% |
| Amounts receivable within one year | 40/41 | €60,256 | €29,722 | -€30,534 | -50.7% |
| Trade receivables | 40 | €35,562 | €7,825 | -€27,737 | -78.0% |
| Other amounts receivable | 41 | €24,694 | €21,897 | -€2,796 | -11.3% |
| Cash at bank and in hand | 54/58 | €56,375 | €68,534 | +€12,158 | +21.6% |
| Deferred charges and accrued income | 490/1 | €1,080 | €1,244 | +€164 | +15.2% |
| Total equity and liabilities | 10/49 | €141,946 | €119,472 | -€22,473 | -15.8% |
| Equity | 10/15 | €65,733 | €54,154 | -€11,579 | -17.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,733 | €32,154 | -€11,579 | -26.5% |
| Amounts payable | 17/49 | €76,213 | €65,318 | -€10,895 | -14.3% |
| Amounts payable within one year | 42/48 | €76,213 | €63,918 | -€12,295 | -16.1% |
| Trade debts | 44 | €73,485 | €61,190 | -€12,295 | -16.7% |
| Suppliers | 440/4 | €73,485 | €61,190 | -€12,295 | -16.7% |
| Taxes, remuneration and social security | 45 | €2,728 | €2,728 | = | 0.0% |
| Taxes | 450/3 | €1,110 | €1,110 | = | 0.0% |
| Remuneration and social security | 454/9 | €1,617 | €1,617 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €1,400 | +€1,400 | |
| Non-recurring operating income | 76A | - | €3,898 | +€3,898 | |
| Remuneration, social security and pensions | 62 | €29,617 | - | -€29,617 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,088 | €8,657 | -€431 | -4.7% |
| Other operating charges | 640/8 | €380 | €47 | -€333 | -87.8% |
| Non-recurring operating charges | 66A | €2,000 | - | -€2,000 | |
| Gross operating margin | 9900 | €37,795 | -€2,812 | -€40,607 | |
| Operating profit (loss) | 9901 | -€3,290 | -€11,516 | -€8,226 | -250.0% |
| Financial income | 75/76B | €547 | €167 | -€381 | -69.5% |
| Recurring financial income | 75 | €547 | €167 | -€381 | -69.5% |
| Financial charges | 65/66B | €209 | €229 | +€20 | +9.5% |
| Recurring financial charges | 65 | €209 | €229 | +€20 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,952 | -€11,579 | -€8,627 | -292.2% |
| Profit (loss) for the period | 9904 | -€2,952 | -€11,579 | -€8,627 | -292.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,952 | -€11,579 | -€8,627 | -292.2% |
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 9 October 2026 via checked.be.