The Soil Research Lab: 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 Soil Research Lab
Largest movements
- Receivables within one year -€257,564
down €257,564 (-20.7%), from €1.2m to €985,789
- Profit (loss) carried forward -€428,166
down €428,166, from €377,519 to -€50,647
- Tax, wage and social debts +€177,480
up €177,480 (+135%), from €131,432 to €308,912
- Trade debts -€45,065
down €45,065 (-5.7%), from €792,131 to €747,066
- Other debts +€28,673
up €28,673 (+150%), from €19,137 to €47,810
- Gross operating margin -€470,194
down €470,194, from €192,869 to -€277,325
- Taxes +€132,851
new in 2024: €132,851
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,662,276 | €1,395,198 | -€267,078 | -16.1% |
| Fixed assets | 21/28 | €399,456 | €399,456 | = | 0.0% |
| Financial fixed assets | 28 | €399,456 | €399,456 | = | 0.0% |
| Current assets | 29/58 | €1,262,820 | €995,742 | -€267,078 | -21.1% |
| Amounts receivable within one year | 40/41 | €1,243,353 | €985,789 | -€257,564 | -20.7% |
| Other amounts receivable | 41 | €1,243,353 | €985,789 | -€257,564 | -20.7% |
| Cash at bank and in hand | 54/58 | €19,467 | €9,953 | -€9,514 | -48.9% |
| Total equity and liabilities | 10/49 | €1,662,276 | €1,395,198 | -€267,078 | -16.1% |
| Equity | 10/15 | €719,576 | €291,410 | -€428,166 | -59.5% |
| Contributions | 10/11 | €275,000 | €275,000 | = | 0.0% |
| Reserves | 13 | €67,057 | €67,057 | = | 0.0% |
| Non-distributable reserves | 130/1 | €67,057 | €67,057 | = | 0.0% |
| Reserves not available under the articles | 1311 | €67,057 | €67,057 | = | 0.0% |
| Profit (loss) carried forward | 14 | €377,519 | -€50,647 | -€428,166 | |
| Amounts payable | 17/49 | €942,700 | €1,103,788 | +€161,088 | +17.1% |
| Amounts payable within one year | 42/48 | €942,700 | €1,103,788 | +€161,088 | +17.1% |
| Trade debts | 44 | €792,131 | €747,066 | -€45,065 | -5.7% |
| Suppliers | 440/4 | €792,131 | €747,066 | -€45,065 | -5.7% |
| Taxes, remuneration and social security | 45 | €131,432 | €308,912 | +€177,480 | +135% |
| Taxes | 450/3 | €131,432 | €308,912 | +€177,480 | +135% |
| Other amounts payable | 47/48 | €19,137 | €47,810 | +€28,673 | +150% |
| Non-recurring operating charges | 66A | €7,545 | €16,320 | +€8,775 | +116% |
| Gross operating margin | 9900 | €192,869 | -€277,325 | -€470,194 | |
| Operating profit (loss) | 9901 | €185,324 | -€293,645 | -€478,969 | |
| Financial charges | 65/66B | €394 | €1,670 | +€1,276 | +324% |
| Recurring financial charges | 65 | €394 | €1,670 | +€1,276 | +324% |
| Profit (loss) for the period before taxes | 9903 | €184,930 | -€295,315 | -€480,245 | |
| Income taxes | 67/77 | - | €132,851 | +€132,851 | |
| Profit (loss) for the period | 9904 | €184,930 | -€428,166 | -€613,096 | |
| Profit (loss) for the period to be appropriated | 9905 | €184,930 | -€428,166 | -€613,096 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.