RISING LAB: 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.
RISING LAB
Largest movements
- Financial fixed assets -€30,000
down €30,000 (-86.4%), from €34,736 to €4,736
- Tangible fixed assets +€26,669
up €26,669 (+149.0%), from €17,893 to €44,562
of which Furniture and vehicles: +€30,708
- Receivables within one year -€16,282
down €16,282 (-61.2%), from €26,588 to €10,306
of which Trade receivables: -€20,557
- Current investments +€5,700
up €5,700 (+10.6%), from €53,729 to €59,429
- Cash +€3,703
up €3,703 (+11.1%), from €33,464 to €37,167
mainly Current portion of long-term debt (+€25,372) and Receivables within one year (+€16,282)
- Current portion of long-term debt +€25,372
up €25,372 (+300.2%), from €8,451 to €33,824
- Profit (loss) carried forward -€22,115
down €22,115 (-91.6%), from €24,134 to €2,019
- Debts after one year -€8,940
down €8,940 (-46.5%), from €19,208 to €10,268
- Tax, wage and social debts -€8,565
down €8,565 (-22.7%), from €37,699 to €29,133
- Trade debts +€2,359
up €2,359 (+510.4%), from €462 to €2,821
- Gross operating margin -€35,614
down €35,614 (-54.8%), from €65,003 to €29,388
- Taxes -€13,172
down €13,172 (-63.1%), from €20,862 to €7,690
- Depreciation +€3,472
up €3,472 (+53.1%), from €6,543 to €10,015
- Other operating charges -€1,053
down €1,053 (-56.5%), from €1,864 to €811
- Financial charges -€771
down €771 (-20.4%), from €3,772 to €3,001
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 | €186,007 | €174,950 | -€11,057 | -5.9% |
| Fixed assets | 21/28 | €52,630 | €49,299 | -€3,331 | -6.3% |
| Tangible fixed assets | 22/27 | €17,893 | €44,562 | +€26,669 | +149.0% |
| Plant, machinery and equipment | 23 | €9,061 | €5,022 | -€4,039 | -44.6% |
| Furniture and vehicles | 24 | €8,833 | €39,541 | +€30,708 | +347.7% |
| Financial fixed assets | 28 | €34,736 | €4,736 | -€30,000 | -86.4% |
| Current assets | 29/58 | €133,377 | €125,651 | -€7,726 | -5.8% |
| Stocks and contracts in progress | 3 | €18,750 | €18,750 | = | 0.0% |
| Stocks | 30/36 | €18,750 | €18,750 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €26,588 | €10,306 | -€16,282 | -61.2% |
| Trade receivables | 40 | €21,162 | €605 | -€20,557 | -97.1% |
| Other amounts receivable | 41 | €5,426 | €9,701 | +€4,274 | +78.8% |
| Current investments | 50/53 | €53,729 | €59,429 | +€5,700 | +10.6% |
| Cash at bank and in hand | 54/58 | €33,464 | €37,167 | +€3,703 | +11.1% |
| Deferred charges and accrued income | 490/1 | €847 | - | -€847 | |
| Total equity and liabilities | 10/49 | €186,007 | €174,950 | -€11,057 | -5.9% |
| Equity | 10/15 | €120,187 | €98,072 | -€22,115 | -18.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €89,853 | €89,853 | = | 0.0% |
| Non-distributable reserves | 130/1 | €89,853 | - | -€89,853 | |
| Reserves not available under the articles | 1311 | €89,853 | - | -€89,853 | |
| Distributable reserves | 133 | - | €89,853 | +€89,853 | |
| Profit (loss) carried forward | 14 | €24,134 | €2,019 | -€22,115 | -91.6% |
| Amounts payable | 17/49 | €65,820 | €76,878 | +€11,058 | +16.8% |
| Amounts payable after more than one year | 17 | €19,208 | €10,268 | -€8,940 | -46.5% |
| Financial debts | 170/4 | €19,208 | €10,268 | -€8,940 | -46.5% |
| Amounts payable within one year | 42/48 | €46,612 | €66,610 | +€19,998 | +42.9% |
| Current portion of amounts payable after more than one year | 42 | €8,451 | €33,824 | +€25,372 | +300.2% |
| Trade debts | 44 | €462 | €2,821 | +€2,359 | +510.4% |
| Suppliers | 440/4 | €462 | €2,821 | +€2,359 | +510.4% |
| Taxes, remuneration and social security | 45 | €37,699 | €29,133 | -€8,565 | -22.7% |
| Taxes | 450/3 | €37,699 | €29,133 | -€8,565 | -22.7% |
| Other amounts payable | 47/48 | - | €832 | +€832 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,543 | €10,015 | +€3,472 | +53.1% |
| Other operating charges | 640/8 | €1,864 | €811 | -€1,053 | -56.5% |
| Non-recurring operating charges | 66A | €90 | €31,326 | +€31,236 | +34675.8% |
| Gross operating margin | 9900 | €65,003 | €29,388 | -€35,614 | -54.8% |
| Operating profit (loss) | 9901 | €56,506 | -€12,763 | -€69,268 | |
| Financial income | 75/76B | €1,181 | €1,338 | +€158 | +13.3% |
| Recurring financial income | 75 | €1,181 | €1,338 | +€158 | +13.3% |
| Financial charges | 65/66B | €3,772 | €3,001 | -€771 | -20.4% |
| Recurring financial charges | 65 | €3,772 | €3,001 | -€771 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €53,915 | -€14,425 | -€68,340 | |
| Income taxes | 67/77 | €20,862 | €7,690 | -€13,172 | -63.1% |
| Profit (loss) for the period | 9904 | €33,053 | -€22,115 | -€55,168 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,053 | -€22,115 | -€55,168 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.