Switch Lab Consulting: 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.
Switch Lab Consulting
Largest movements
- Cash +€40,905
up €40,905 (+1886.6%), from €2,168 to €43,073
mainly Advances received (+€23,357) and Receivables within one year (+€12,166)
- Receivables within one year -€12,166
down €12,166 (-54.0%), from €22,521 to €10,355
of which Trade receivables: -€12,277
- Tangible fixed assets -€718
down €718 (-13.2%), from €5,444 to €4,725
of which Furniture and vehicles: -€718
- Advances received +€23,357
new in 2025: €23,357
- Profit (loss) carried forward +€10,983
up €10,983 (+39.6%), from -€27,758 to -€16,775
- Other debts -€5,849
down €5,849 (-65.1%), from €8,981 to €3,132
- Tax, wage and social debts -€4,176
down €4,176 (-81.0%), from €5,157 to €981
- Trade debts +€3,705
up €3,705 (+596.3%), from €621 to €4,326
- Gross operating margin +€39,023
up €39,023, from -€26,890 to €12,133
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 | €30,133 | €58,153 | +€28,020 | +93.0% |
| Fixed assets | 21/28 | €5,444 | €4,725 | -€718 | -13.2% |
| Tangible fixed assets | 22/27 | €5,444 | €4,725 | -€718 | -13.2% |
| Furniture and vehicles | 24 | €794 | €75 | -€718 | -90.5% |
| Other tangible fixed assets | 26 | €4,650 | €4,650 | = | 0.0% |
| Current assets | 29/58 | €24,689 | €53,428 | +€28,739 | +116.4% |
| Amounts receivable within one year | 40/41 | €22,521 | €10,355 | -€12,166 | -54.0% |
| Trade receivables | 40 | €22,521 | €10,244 | -€12,277 | -54.5% |
| Other amounts receivable | 41 | - | €111 | +€111 | |
| Cash at bank and in hand | 54/58 | €2,168 | €43,073 | +€40,905 | +1886.6% |
| Total equity and liabilities | 10/49 | €30,133 | €58,153 | +€28,020 | +93.0% |
| Equity | 10/15 | €15,374 | €26,357 | +€10,983 | +71.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €41,131 | €41,131 | = | 0.0% |
| Distributable reserves | 133 | €41,131 | €41,131 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,758 | -€16,775 | +€10,983 | +39.6% |
| Amounts payable | 17/49 | €14,759 | €31,796 | +€17,037 | +115.4% |
| Amounts payable within one year | 42/48 | €14,759 | €31,796 | +€17,037 | +115.4% |
| Trade debts | 44 | €621 | €4,326 | +€3,705 | +596.3% |
| Suppliers | 440/4 | €621 | €4,326 | +€3,705 | +596.3% |
| Advances received on contracts in progress | 46 | - | €23,357 | +€23,357 | |
| Taxes, remuneration and social security | 45 | €5,157 | €981 | -€4,176 | -81.0% |
| Taxes | 450/3 | €5,157 | €981 | -€4,176 | -81.0% |
| Other amounts payable | 47/48 | €8,981 | €3,132 | -€5,849 | -65.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €803 | €718 | -€84 | -10.5% |
| Gross operating margin | 9900 | -€26,890 | €12,133 | +€39,023 | |
| Operating profit (loss) | 9901 | -€27,692 | €11,415 | +€39,107 | |
| Financial income | 75/76B | €126 | €0 | -€126 | -100.0% |
| Recurring financial income | 75 | €126 | €0 | -€126 | -100.0% |
| Financial charges | 65/66B | €194 | €431 | +€237 | +122.1% |
| Recurring financial charges | 65 | €194 | €431 | +€237 | +122.1% |
| Profit (loss) for the period before taxes | 9903 | -€27,761 | €10,983 | +€38,744 | |
| Income taxes | 67/77 | -€3 | - | +€3 | |
| Profit (loss) for the period | 9904 | -€27,758 | €10,983 | +€38,741 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,758 | €10,983 | +€38,741 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.