Lob 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.
Lob Lab
Largest movements
- Cash +€9,026
up €9,026 (+36.1%), from €24,969 to €33,995
mainly Receivables within one year (+€7,388) and Net result for the year (+€3,837)
- Receivables within one year -€7,388
down €7,388 (-17.5%), from €42,232 to €34,844
of which Trade receivables: -€8,470
- Reserves +€3,837
up €3,837 (+7.5%), from €51,457 to €55,294
- Tax, wage and social debts -€3,733
down €3,733 (-43.6%), from €8,565 to €4,832
of which Remuneration and social security: -€2,633
- Other debts +€2,464
up €2,464 (+215%), from €1,147 to €3,611
- Trade debts -€918
down €918 (-23.9%), from €3,846 to €2,928
- Gross operating margin -€13,952
down €13,952 (-60.7%), from €23,002 to €9,050
- Taxes -€3,972
down €3,972 (-69.4%), from €5,727 to €1,755
- Financial charges -€470
down €470 (-24.2%), from €1,943 to €1,473
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 | €69,014 | €70,665 | +€1,650 | +2.4% |
| Fixed assets | 21/28 | €1,372 | €1,309 | -€62 | -4.5% |
| Tangible fixed assets | 22/27 | €1,172 | €1,109 | -€62 | -5.3% |
| Furniture and vehicles | 24 | €1,172 | €1,109 | -€62 | -5.3% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €67,643 | €69,355 | +€1,712 | +2.5% |
| Amounts receivable within one year | 40/41 | €42,232 | €34,844 | -€7,388 | -17.5% |
| Trade receivables | 40 | €39,325 | €30,855 | -€8,470 | -21.5% |
| Other amounts receivable | 41 | €2,907 | €3,989 | +€1,082 | +37.2% |
| Cash at bank and in hand | 54/58 | €24,969 | €33,995 | +€9,026 | +36.1% |
| Deferred charges and accrued income | 490/1 | €442 | €516 | +€74 | +16.8% |
| Total equity and liabilities | 10/49 | €69,014 | €70,665 | +€1,650 | +2.4% |
| Equity | 10/15 | €55,457 | €59,294 | +€3,837 | +6.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €51,457 | €55,294 | +€3,837 | +7.5% |
| Distributable reserves | 133 | €51,457 | €55,294 | +€3,837 | +7.5% |
| Amounts payable | 17/49 | €13,558 | €11,371 | -€2,187 | -16.1% |
| Amounts payable within one year | 42/48 | €13,558 | €11,371 | -€2,187 | -16.1% |
| Trade debts | 44 | €3,846 | €2,928 | -€918 | -23.9% |
| Suppliers | 440/4 | €3,846 | €2,928 | -€918 | -23.9% |
| Taxes, remuneration and social security | 45 | €8,565 | €4,832 | -€3,733 | -43.6% |
| Taxes | 450/3 | €5,932 | €4,832 | -€1,100 | -18.5% |
| Remuneration and social security | 454/9 | €2,633 | €0 | -€2,633 | -100% |
| Other amounts payable | 47/48 | €1,147 | €3,611 | +€2,464 | +215% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115 | €72 | -€43 | -37.0% |
| Other operating charges | 640/8 | €867 | €741 | -€126 | -14.5% |
| Non-recurring operating charges | 66A | - | €1,172 | +€1,172 | |
| Gross operating margin | 9900 | €23,002 | €9,050 | -€13,952 | -60.7% |
| Operating profit (loss) | 9901 | €22,020 | €7,065 | -€14,955 | -67.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,943 | €1,473 | -€470 | -24.2% |
| Recurring financial charges | 65 | €1,943 | €1,473 | -€470 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | €20,078 | €5,592 | -€14,485 | -72.1% |
| Income taxes | 67/77 | €5,727 | €1,755 | -€3,972 | -69.4% |
| Profit (loss) for the period | 9904 | €14,351 | €3,837 | -€10,513 | -73.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,351 | €3,837 | -€10,513 | -73.3% |
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 18 October 2026 via checked.be.