THE LAB31: 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.
THE LAB31
Largest movements
- Tangible fixed assets -€6,423
down €6,423 (-15.1%), from €42,638 to €36,215
of which Furniture and vehicles: -€8,584
- Intangible fixed assets -€4,700
down €4,700 (-11.1%), from €42,509 to €37,809
- Receivables within one year -€3,248
down €3,248 (-22.1%), from €14,728 to €11,479
of which Other amounts receivable: -€3,202
- Other debts +€145,500
up €145,500 (+122%), from €119,092 to €264,592
- Profit (loss) carried forward -€131,298
down €131,298 (-119%), from -€110,277 to -€241,576
- Debts after one year -€20,161
down €20,161 (-25.8%), from €78,224 to €58,063
- Accrued charges and deferred income -€6,009
down €6,009 (-94.1%), from €6,385 to €376
- Trade debts -€2,313
down €2,313 (-90.3%), from €2,561 to €248
- Gross operating margin -€11,960
down €11,960 (-13.1%), from -€91,182 to -€103,142
- Depreciation +€5,313
up €5,313 (+54.8%), from €9,698 to €15,011
- Other operating charges +€4,075
up €4,075 (+73.8%), from €5,519 to €9,594
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 | €157,144 | €143,630 | -€13,514 | -8.6% |
| Fixed assets | 21/28 | €93,048 | €81,924 | -€11,123 | -12.0% |
| Intangible fixed assets | 21 | €42,509 | €37,809 | -€4,700 | -11.1% |
| Tangible fixed assets | 22/27 | €42,638 | €36,215 | -€6,423 | -15.1% |
| Plant, machinery and equipment | 23 | €1,075 | €3,991 | +€2,916 | +271% |
| Furniture and vehicles | 24 | €38,382 | €29,798 | -€8,584 | -22.4% |
| Other tangible fixed assets | 26 | €3,181 | €2,426 | -€754 | -23.7% |
| Financial fixed assets | 28 | €7,900 | €7,900 | = | 0.0% |
| Current assets | 29/58 | €64,097 | €61,705 | -€2,391 | -3.7% |
| Stocks and contracts in progress | 3 | €41,900 | €41,900 | = | 0.0% |
| Stocks | 30/36 | €41,900 | €41,900 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €14,728 | €11,479 | -€3,248 | -22.1% |
| Trade receivables | 40 | €3,987 | €3,941 | -€46 | -1.2% |
| Other amounts receivable | 41 | €10,740 | €7,538 | -€3,202 | -29.8% |
| Cash at bank and in hand | 54/58 | €6,970 | €8,326 | +€1,356 | +19.5% |
| Deferred charges and accrued income | 490/1 | €499 | - | -€499 | |
| Total equity and liabilities | 10/49 | €157,144 | €143,630 | -€13,514 | -8.6% |
| Equity | 10/15 | -€70,277 | -€201,576 | -€131,298 | -187% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,277 | -€241,576 | -€131,298 | -119% |
| Amounts payable | 17/49 | €227,422 | €345,206 | +€117,784 | +51.8% |
| Amounts payable after more than one year | 17 | €78,224 | €58,063 | -€20,161 | -25.8% |
| Financial debts | 170/4 | €78,224 | €58,063 | -€20,161 | -25.8% |
| Amounts payable within one year | 42/48 | €142,813 | €286,766 | +€143,953 | +101% |
| Current portion of amounts payable after more than one year | 42 | €21,160 | €21,926 | +€766 | +3.6% |
| Trade debts | 44 | €2,561 | €248 | -€2,313 | -90.3% |
| Suppliers | 440/4 | €2,561 | €248 | -€2,313 | -90.3% |
| Other amounts payable | 47/48 | €119,092 | €264,592 | +€145,500 | +122% |
| Accrued charges and deferred income | 492/3 | €6,385 | €376 | -€6,009 | -94.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,698 | €15,011 | +€5,313 | +54.8% |
| Other operating charges | 640/8 | €5,519 | €9,594 | +€4,075 | +73.8% |
| Gross operating margin | 9900 | -€91,182 | -€103,142 | -€11,960 | -13.1% |
| Operating profit (loss) | 9901 | -€106,399 | -€127,747 | -€21,348 | -20.1% |
| Financial income | 75/76B | €34 | €1 | -€34 | -98.4% |
| Recurring financial income | 75 | €34 | €1 | -€34 | -98.4% |
| Financial charges | 65/66B | €3,913 | €3,552 | -€361 | -9.2% |
| Recurring financial charges | 65 | €3,913 | €3,552 | -€361 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | -€110,277 | -€131,298 | -€21,021 | -19.1% |
| Profit (loss) for the period | 9904 | -€110,277 | -€131,298 | -€21,021 | -19.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€110,277 | -€131,298 | -€21,021 | -19.1% |
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 14 October 2026 via checked.be.