SISLAB: 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.
SISLAB
Largest movements
- Receivables within one year +€132,162
up €132,162 (+119.0%), from €111,086 to €243,247
of which Trade receivables: +€122,012
- Tangible fixed assets +€64,607
up €64,607 (+189.5%), from €34,097 to €98,704
of which Furniture and vehicles: +€63,981
- Cash -€49,032
down €49,032 (-24.8%), from €197,776 to €148,744
mainly Contributions, distributions and other (-€135,000) and Receivables within one year (-€132,162)
- Other debts +€106,650
up €106,650 (+546.9%), from €19,500 to €126,150
- Reserves -€77,246
down €77,246 (-38.5%), from €200,385 to €123,140
- Trade debts +€63,651
up €63,651 (+251.4%), from €25,314 to €88,965
- Debts after one year +€58,369
new in 2025: €58,369
- Tax, wage and social debts -€16,547
down €16,547 (-30.7%), from €53,921 to €37,374
of which Taxes: -€14,444
- Staff costs +€41,275
up €41,275 (+30.4%), from €135,682 to €176,957
- Gross operating margin -€29,910
down €29,910 (-9.1%), from €327,966 to €298,056
- Taxes -€21,666
down €21,666 (-44.7%), from €48,445 to €26,779
- Depreciation +€14,878
up €14,878 (+99.7%), from €14,928 to €29,806
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 | €351,345 | €498,027 | +€146,682 | +41.7% |
| Fixed assets | 21/28 | €34,147 | €98,754 | +€64,607 | +189.2% |
| Tangible fixed assets | 22/27 | €34,097 | €98,704 | +€64,607 | +189.5% |
| Plant, machinery and equipment | 23 | €2,379 | €4,454 | +€2,075 | +87.2% |
| Furniture and vehicles | 24 | €19,247 | €83,229 | +€63,981 | +332.4% |
| Leasing and similar rights | 25 | €12,471 | €11,022 | -€1,449 | -11.6% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €317,198 | €399,273 | +€82,075 | +25.9% |
| Amounts receivable within one year | 40/41 | €111,086 | €243,247 | +€132,162 | +119.0% |
| Trade receivables | 40 | €89,880 | €211,892 | +€122,012 | +135.7% |
| Other amounts receivable | 41 | €21,206 | €31,355 | +€10,150 | +47.9% |
| Cash at bank and in hand | 54/58 | €197,776 | €148,744 | -€49,032 | -24.8% |
| Deferred charges and accrued income | 490/1 | €8,336 | €7,282 | -€1,054 | -12.6% |
| Total equity and liabilities | 10/49 | €351,345 | €498,027 | +€146,682 | +41.7% |
| Equity | 10/15 | €246,034 | €168,788 | -€77,246 | -31.4% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €200,385 | €123,140 | -€77,246 | -38.5% |
| Distributable reserves | 133 | €200,385 | €123,140 | -€77,246 | -38.5% |
| Profit (loss) carried forward | 14 | €39,399 | €39,399 | = | 0.0% |
| Amounts payable | 17/49 | €105,311 | €329,239 | +€223,928 | +212.6% |
| Amounts payable after more than one year | 17 | - | €58,369 | +€58,369 | |
| Financial debts | 170/4 | - | €58,369 | +€58,369 | |
| Amounts payable within one year | 42/48 | €105,163 | €270,163 | +€165,000 | +156.9% |
| Current portion of amounts payable after more than one year | 42 | €6,020 | €16,859 | +€10,839 | +180.1% |
| Financial debts | 43 | €408 | €816 | +€408 | +99.8% |
| Credit institutions | 430/8 | €408 | €816 | +€408 | +99.8% |
| Trade debts | 44 | €25,314 | €88,965 | +€63,651 | +251.4% |
| Suppliers | 440/4 | €25,314 | €88,965 | +€63,651 | +251.4% |
| Taxes, remuneration and social security | 45 | €53,921 | €37,374 | -€16,547 | -30.7% |
| Taxes | 450/3 | €40,929 | €26,485 | -€14,444 | -35.3% |
| Remuneration and social security | 454/9 | €12,992 | €10,888 | -€2,103 | -16.2% |
| Other amounts payable | 47/48 | €19,500 | €126,150 | +€106,650 | +546.9% |
| Accrued charges and deferred income | 492/3 | €148 | €706 | +€558 | +377.0% |
| Non-recurring operating income | 76A | €4,021 | €12 | -€4,008 | -99.7% |
| Remuneration, social security and pensions | 62 | €135,682 | €176,957 | +€41,275 | +30.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,928 | €29,806 | +€14,878 | +99.7% |
| Other operating charges | 640/8 | €2,099 | €3,305 | +€1,206 | +57.5% |
| Non-recurring operating charges | 66A | €9,727 | €1,414 | -€8,313 | -85.5% |
| Gross operating margin | 9900 | €327,966 | €298,056 | -€29,910 | -9.1% |
| Operating profit (loss) | 9901 | €165,531 | €86,575 | -€78,956 | -47.7% |
| Financial income | 75/76B | €2,825 | €1,930 | -€895 | -31.7% |
| Recurring financial income | 75 | €2,825 | €1,930 | -€895 | -31.7% |
| Financial charges | 65/66B | €1,880 | €3,972 | +€2,091 | +111.2% |
| Recurring financial charges | 65 | €1,880 | €3,972 | +€2,091 | +111.2% |
| Profit (loss) for the period before taxes | 9903 | €166,475 | €84,533 | -€81,942 | -49.2% |
| Income taxes | 67/77 | €48,445 | €26,779 | -€21,666 | -44.7% |
| Profit (loss) for the period | 9904 | €118,030 | €57,754 | -€60,276 | -51.1% |
| Profit (loss) for the period to be appropriated | 9905 | €118,030 | €57,754 | -€60,276 | -51.1% |
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 10 October 2026 via checked.be.