SHOWLAB: 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.
SHOWLAB
Largest movements
- Cash +€38,147
up €38,147 (+44.3%), from €86,125 to €124,273
mainly Depreciation (+€62,764) and Trade debts (+€9,514)
- Tangible fixed assets -€26,156
down €26,156 (-7.0%), from €375,132 to €348,975
of which Land and buildings: -€17,392
- Receivables within one year -€6,744
down €6,744 (-18.0%), from €37,531 to €30,787
of which Trade receivables: -€9,271
- Debts after one year -€17,314
down €17,314 (-11.9%), from €145,159 to €127,845
- Trade debts +€9,514
new in 2025: €9,514
- Reserves +€7,911
up €7,911 (+4.0%), from €198,661 to €206,571
of which Distributable reserves: +€7,911
- Gross operating margin -€35,648
down €35,648 (-20.8%), from €171,540 to €135,892
- Write-downs +€17,908
no longer reported in 2025 (was -€17,908)
- Other operating charges -€15,797
down €15,797 (-82.8%), from €19,068 to €3,271
- Staff costs -€14,785
down €14,785 (-23.2%), from €63,727 to €48,942
- Depreciation +€8,013
up €8,013 (+14.6%), from €54,751 to €62,764
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 | €503,200 | €507,166 | +€3,967 | +0.8% |
| Fixed assets | 21/28 | €379,543 | €352,107 | -€27,436 | -7.2% |
| Intangible fixed assets | 21 | €4,412 | €3,132 | -€1,280 | -29.0% |
| Tangible fixed assets | 22/27 | €375,132 | €348,975 | -€26,156 | -7.0% |
| Land and buildings | 22 | €224,415 | €207,023 | -€17,392 | -7.7% |
| Plant, machinery and equipment | 23 | €140,728 | €133,602 | -€7,126 | -5.1% |
| Leasing and similar rights | 25 | €9,989 | €8,351 | -€1,638 | -16.4% |
| Current assets | 29/58 | €123,656 | €155,059 | +€31,403 | +25.4% |
| Amounts receivable within one year | 40/41 | €37,531 | €30,787 | -€6,744 | -18.0% |
| Trade receivables | 40 | €18,609 | €9,338 | -€9,271 | -49.8% |
| Other amounts receivable | 41 | €18,922 | €21,449 | +€2,527 | +13.4% |
| Cash at bank and in hand | 54/58 | €86,125 | €124,273 | +€38,147 | +44.3% |
| Total equity and liabilities | 10/49 | €503,200 | €507,166 | +€3,967 | +0.8% |
| Equity | 10/15 | €296,240 | €304,151 | +€7,911 | +2.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €198,661 | €206,571 | +€7,911 | +4.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €196,801 | €204,711 | +€7,911 | +4.0% |
| Profit (loss) carried forward | 14 | €91,379 | €91,379 | = | 0.0% |
| Amounts payable | 17/49 | €206,960 | €203,016 | -€3,944 | -1.9% |
| Amounts payable after more than one year | 17 | €145,159 | €127,845 | -€17,314 | -11.9% |
| Financial debts | 170/4 | €145,159 | €127,845 | -€17,314 | -11.9% |
| Amounts payable within one year | 42/48 | €61,801 | €74,507 | +€12,706 | +20.6% |
| Current portion of amounts payable after more than one year | 42 | €17,032 | €17,314 | +€281 | +1.7% |
| Trade debts | 44 | - | €9,514 | +€9,514 | |
| Suppliers | 440/4 | - | €9,514 | +€9,514 | |
| Taxes, remuneration and social security | 45 | €4,096 | €7,006 | +€2,910 | +71.0% |
| Taxes | 450/3 | €4,096 | - | -€4,096 | |
| Remuneration and social security | 454/9 | - | €7,006 | +€7,006 | |
| Other amounts payable | 47/48 | €40,672 | €40,672 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €664 | +€664 | |
| Remuneration, social security and pensions | 62 | €63,727 | €48,942 | -€14,785 | -23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,751 | €62,764 | +€8,013 | +14.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€17,908 | - | +€17,908 | |
| Other operating charges | 640/8 | €19,068 | €3,271 | -€15,797 | -82.8% |
| Gross operating margin | 9900 | €171,540 | €135,892 | -€35,648 | -20.8% |
| Operating profit (loss) | 9901 | €51,902 | €20,916 | -€30,986 | -59.7% |
| Financial charges | 65/66B | €2,907 | €2,694 | -€213 | -7.3% |
| Recurring financial charges | 65 | €2,907 | €2,694 | -€213 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €48,995 | €18,221 | -€30,774 | -62.8% |
| Income taxes | 67/77 | €14,844 | €10,311 | -€4,533 | -30.5% |
| Profit (loss) for the period | 9904 | €34,151 | €7,911 | -€26,240 | -76.8% |
| Profit (loss) for the period to be appropriated | 9905 | €34,151 | €7,911 | -€26,240 | -76.8% |
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 16 October 2026 via checked.be.