TOMORROWLAB: 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.
What changed
TOMORROWLAB
NACE 73.300, Public relations and communication consultancy
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€472,076
2024 · -€1,295+€473,371
Equity
€2.9m
2024 · €2.5m+€472,076
Cash
€3,395
2024 · €481+€2,914
Balance sheet total
€7.6m
2024 · €7.4m+€211,070
Largest movements
Assets
- Receivables within one year +€258,403
up €258,403 (+16.3%), from €1.6m to €1.8m
of which Other amounts receivable: +€632,324
Equity and liabilities
- Other debts +€481,102
up €481,102 (+19.7%), from €2.4m to €2.9m
- Reserves +€470,781
up €470,781 (+114.6%), from €410,768 to €881,549
of which Distributable reserves: +€470,781
- Debts after one year -€448,048
down €448,048 (-31.3%), from €1.4m to €985,625
- Accrued charges and deferred income -€157,557
down €157,557 (-97.8%), from €161,058 to €3,501
- Trade debts -€152,491
down €152,491 (-61.3%), from €248,730 to €96,239
Income statement
- Gross operating margin +€384,674
up €384,674 (+69.4%), from €554,224 to €938,898
- Staff costs -€256,582
down €256,582 (-50.9%), from €503,825 to €247,243
- Taxes +€171,541
up €171,541 (+4692.0%), from €3,656 to €175,197
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.
Result 2024
-€1,295
Gross operating margin
+€384,674
Staff costs
+€256,582
Depreciation
+€8,210
Other operating charges
+€206
Financial income
+€1,111
Financial charges
-€5,871
Taxes
-€171,541
Result 2025
€472,076
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.
From operations
+€481,054
Investment
+€32,306
Financing
-€510,446
Cash 2024
€481
From operations (derived)
+€481,054
Net result for the year
+€472,076
Depreciation
+€17,351
Receivables within one year
-€258,403
Deferred charges and accrued income
+€590
Trade debts
-€152,491
Tax, wage and social debts
+€78,386
Other debts
+€481,102
Accrued charges and deferred income
-€157,557
Investment (derived)
+€32,306
Investment in fixed assets (net)
+€32,306
Financing
-€510,446
Debts after one year
-€448,048
Current portion of long-term debt
+€7,558
Short-term financial debts
-€69,956
Cash 2025
€3,395
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,378,123 | €7,589,193 | +€211,070 | +2.9% |
| Fixed assets | 21/28 | €5,514,410 | €5,464,753 | -€49,657 | -0.9% |
| Tangible fixed assets | 22/27 | €36,855 | €21,098 | -€15,757 | -42.8% |
| Plant, machinery and equipment | 23 | €4,651 | €4,009 | -€642 | -13.8% |
| Other tangible fixed assets | 26 | €32,204 | €17,089 | -€15,115 | -46.9% |
| Financial fixed assets | 28 | €5,477,555 | €5,443,655 | -€33,900 | -0.6% |
| Current assets | 29/58 | €1,863,713 | €2,124,440 | +€260,727 | +14.0% |
| Amounts receivable after more than one year | 29 | €270,000 | €270,000 | = | 0.0% |
| Trade receivables | 290 | €270,000 | €270,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,584,743 | €1,843,146 | +€258,403 | +16.3% |
| Trade receivables | 40 | €1,543,740 | €1,169,819 | -€373,921 | -24.2% |
| Other amounts receivable | 41 | €41,003 | €673,327 | +€632,324 | +1542.1% |
| Cash at bank and in hand | 54/58 | €481 | €3,395 | +€2,914 | +605.8% |
| Deferred charges and accrued income | 490/1 | €8,489 | €7,899 | -€590 | -7.0% |
| Total equity and liabilities | 10/49 | €7,378,123 | €7,589,193 | +€211,070 | +2.9% |
| Equity | 10/15 | €2,475,663 | €2,947,739 | +€472,076 | +19.1% |
| Contributions | 10/11 | €2,066,190 | €2,066,190 | = | 0.0% |
| Capital | 10 | €2,066,190 | €2,066,190 | = | 0.0% |
| Issued capital | 100 | €2,131,000 | €2,131,000 | = | 0.0% |
| Uncalled capital | 101 | €64,810 | €64,810 | = | 0.0% |
| Reserves | 13 | €410,768 | €881,549 | +€470,781 | +114.6% |
| Non-distributable reserves | 130/1 | €9,440 | €9,440 | = | 0.0% |
| Legal reserve | 130 | €9,440 | €9,440 | = | 0.0% |
| Distributable reserves | 133 | €401,328 | €872,109 | +€470,781 | +117.3% |
| Profit (loss) carried forward | 14 | -€1,295 | - | +€1,295 | |
| Amounts payable | 17/49 | €4,902,460 | €4,641,454 | -€261,006 | -5.3% |
| Amounts payable after more than one year | 17 | €1,433,673 | €985,625 | -€448,048 | -31.3% |
| Financial debts | 170/4 | €1,433,673 | €985,625 | -€448,048 | -31.3% |
| Amounts payable within one year | 42/48 | €3,307,729 | €3,652,328 | +€344,599 | +10.4% |
| Current portion of amounts payable after more than one year | 42 | €438,663 | €446,221 | +€7,558 | +1.7% |
| Financial debts | 43 | €69,956 | - | -€69,956 | |
| Credit institutions | 430/8 | €69,956 | - | -€69,956 | |
| Trade debts | 44 | €248,730 | €96,239 | -€152,491 | -61.3% |
| Suppliers | 440/4 | €248,730 | €96,239 | -€152,491 | -61.3% |
| Taxes, remuneration and social security | 45 | €106,474 | €184,860 | +€78,386 | +73.6% |
| Taxes | 450/3 | €59,788 | €175,034 | +€115,246 | +192.8% |
| Remuneration and social security | 454/9 | €46,686 | €9,826 | -€36,860 | -79.0% |
| Other amounts payable | 47/48 | €2,443,906 | €2,925,008 | +€481,102 | +19.7% |
| Accrued charges and deferred income | 492/3 | €161,058 | €3,501 | -€157,557 | -97.8% |
| Non-recurring operating income | 76A | €914 | - | -€914 | |
| Remuneration, social security and pensions | 62 | €503,825 | €247,243 | -€256,582 | -50.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,561 | €17,351 | -€8,210 | -32.1% |
| Other operating charges | 640/8 | €1,174 | €968 | -€206 | -17.5% |
| Gross operating margin | 9900 | €554,224 | €938,898 | +€384,674 | +69.4% |
| Operating profit (loss) | 9901 | €23,664 | €673,336 | +€649,672 | +2745.4% |
| Financial income | 75/76B | €310 | €1,421 | +€1,111 | +358.4% |
| Recurring financial income | 75 | €310 | €1,421 | +€1,111 | +358.4% |
| Financial charges | 65/66B | €21,613 | €27,484 | +€5,871 | +27.2% |
| Recurring financial charges | 65 | €21,613 | €27,484 | +€5,871 | +27.2% |
| Profit (loss) for the period before taxes | 9903 | €2,361 | €647,273 | +€644,912 | +27315.2% |
| Income taxes | 67/77 | €3,656 | €175,197 | +€171,541 | +4692.0% |
| Profit (loss) for the period | 9904 | -€1,295 | €472,076 | +€473,371 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,295 | €472,076 | +€473,371 |
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.