UTOPIA LAB BRUXELLES: 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.
UTOPIA LAB BRUXELLES
Largest movements
- Receivables within one year +€648,848
up €648,848 (+82.4%), from €787,664 to €1.4m
of which Trade receivables: +€653,763
- Cash +€43,470
up €43,470 (+121%), from €36,051 to €79,521
mainly Trade debts (+€596,089) and Net result for the year (+€73,903)
- Trade debts +€596,089
up €596,089 (+102%), from €582,718 to €1.2m
- Profit (loss) carried forward +€73,903
up €73,903 (+215%), from €34,409 to €108,311
- Tax, wage and social debts +€44,606
up €44,606 (+136%), from €32,809 to €77,415
of which Taxes: +€28,584
- Debts after one year -€15,657
down €15,657 (-8.9%), from €176,792 to €161,135
- Gross operating margin +€209,911
up €209,911 (+99.2%), from €211,621 to €421,532
- Staff costs +€94,527
up €94,527 (+51.8%), from €182,497 to €277,024
- Taxes +€25,443
up €25,443 (+291%), from €8,756 to €34,200
- Financial charges +€8,635
up €8,635 (+797%), from €1,084 to €9,719
- Other operating charges +€8,094
up €8,094 (+58.7%), from €13,797 to €21,891
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 | €853,139 | €1,551,511 | +€698,372 | +81.9% |
| Fixed assets | 21/28 | €27,577 | €25,960 | -€1,617 | -5.9% |
| Tangible fixed assets | 22/27 | €27,577 | €18,154 | -€9,423 | -34.2% |
| Land and buildings | 22 | €22,953 | - | -€22,953 | |
| Plant, machinery and equipment | 23 | - | €18,154 | +€18,154 | |
| Furniture and vehicles | 24 | €4,624 | - | -€4,624 | |
| Financial fixed assets | 28 | - | €7,806 | +€7,806 | |
| Current assets | 29/58 | €825,562 | €1,525,551 | +€699,989 | +84.8% |
| Amounts receivable within one year | 40/41 | €787,664 | €1,436,512 | +€648,848 | +82.4% |
| Trade receivables | 40 | €782,749 | €1,436,512 | +€653,763 | +83.5% |
| Other amounts receivable | 41 | €4,915 | - | -€4,915 | |
| Cash at bank and in hand | 54/58 | €36,051 | €79,521 | +€43,470 | +121% |
| Deferred charges and accrued income | 490/1 | €1,846 | €9,518 | +€7,671 | +415% |
| Total equity and liabilities | 10/49 | €853,139 | €1,551,511 | +€698,372 | +81.9% |
| Equity | 10/15 | €44,409 | €118,311 | +€73,903 | +166% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,409 | €108,311 | +€73,903 | +215% |
| Amounts payable | 17/49 | €808,730 | €1,433,200 | +€624,470 | +77.2% |
| Amounts payable after more than one year | 17 | €176,792 | €161,135 | -€15,657 | -8.9% |
| Other amounts payable | 178/9 | €176,792 | €161,135 | -€15,657 | -8.9% |
| Amounts payable within one year | 42/48 | €625,643 | €1,266,339 | +€640,695 | +102% |
| Trade debts | 44 | €582,718 | €1,178,807 | +€596,089 | +102% |
| Suppliers | 440/4 | €582,718 | €1,178,807 | +€596,089 | +102% |
| Taxes, remuneration and social security | 45 | €32,809 | €77,415 | +€44,606 | +136% |
| Taxes | 450/3 | €10,779 | €39,363 | +€28,584 | +265% |
| Remuneration and social security | 454/9 | €22,030 | €38,052 | +€16,022 | +72.7% |
| Other amounts payable | 47/48 | €10,116 | €10,116 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €6,295 | €5,727 | -€568 | -9.0% |
| Non-recurring operating income | 76A | - | €3,338 | +€3,338 | |
| Remuneration, social security and pensions | 62 | €182,497 | €277,024 | +€94,527 | +51.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,025 | €4,799 | -€226 | -4.5% |
| Other operating charges | 640/8 | €13,797 | €21,891 | +€8,094 | +58.7% |
| Gross operating margin | 9900 | €211,621 | €421,532 | +€209,911 | +99.2% |
| Operating profit (loss) | 9901 | €10,302 | €117,818 | +€107,516 | +1,044% |
| Financial income | 75/76B | €0 | €4 | +€4 | +18,900% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +18,900% |
| Financial charges | 65/66B | €1,084 | €9,719 | +€8,635 | +797% |
| Recurring financial charges | 65 | €1,084 | €9,719 | +€8,635 | +797% |
| Profit (loss) for the period before taxes | 9903 | €9,218 | €108,102 | +€98,884 | +1,073% |
| Income taxes | 67/77 | €8,756 | €34,200 | +€25,443 | +291% |
| Profit (loss) for the period | 9904 | €462 | €73,903 | +€73,441 | +15,895% |
| Profit (loss) for the period to be appropriated | 9905 | €462 | €73,903 | +€73,441 | +15,895% |
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 23 October 2026 via checked.be.