ACCOUNTANCY LABEEUW: 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.
ACCOUNTANCY LABEEUW
Largest movements
- Receivables within one year +€76,551
up €76,551 (+15.2%), from €504,425 to €580,976
of which Other amounts receivable: +€66,545
- Cash -€19,878
down €19,878 (-52.4%), from €37,919 to €18,041
mainly Receivables within one year (-€76,551) and Other debts (-€12,976)
- Reserves +€61,208
up €61,208 (+12.1%), from €505,263 to €566,471
of which Distributable reserves: +€61,208
- Debts after one year +€22,949
up €22,949 (+18.1%), from €127,051 to €150,000
- Other debts -€12,976
down €12,976 (-40.0%), from €32,456 to €19,480
- Current portion of long-term debt -€11,891
down €11,891 (-91.8%), from €12,952 to €1,061
- Depreciation -€11,521
down €11,521 (-43.5%), from €26,469 to €14,948
- Gross operating margin -€3,520
down €3,520 (-3.5%), from €99,417 to €95,898
- Financial income +€2,642
up €2,642 (+13.8%), from €19,144 to €21,786
- Taxes +€1,854
up €1,854 (+8.2%), from €22,536 to €24,390
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 | €797,794 | €848,087 | +€50,293 | +6.3% |
| Fixed assets | 21/28 | €253,606 | €247,180 | -€6,426 | -2.5% |
| Tangible fixed assets | 22/27 | €253,325 | €246,899 | -€6,426 | -2.5% |
| Land and buildings | 22 | €232,103 | €227,601 | -€4,503 | -1.9% |
| Plant, machinery and equipment | 23 | €18,102 | €14,450 | -€3,651 | -20.2% |
| Furniture and vehicles | 24 | €3,120 | €4,847 | +€1,728 | +55.4% |
| Financial fixed assets | 28 | €281 | €281 | = | 0.0% |
| Current assets | 29/58 | €544,188 | €600,908 | +€56,719 | +10.4% |
| Amounts receivable within one year | 40/41 | €504,425 | €580,976 | +€76,551 | +15.2% |
| Trade receivables | 40 | €15,730 | €25,736 | +€10,006 | +63.6% |
| Other amounts receivable | 41 | €488,695 | €555,240 | +€66,545 | +13.6% |
| Cash at bank and in hand | 54/58 | €37,919 | €18,041 | -€19,878 | -52.4% |
| Deferred charges and accrued income | 490/1 | €1,845 | €1,891 | +€47 | +2.5% |
| Total equity and liabilities | 10/49 | €797,794 | €848,087 | +€50,293 | +6.3% |
| Equity | 10/15 | €592,763 | €653,971 | +€61,208 | +10.3% |
| Contributions | 10/11 | €87,500 | €87,500 | = | 0.0% |
| Reserves | 13 | €505,263 | €566,471 | +€61,208 | +12.1% |
| Non-distributable reserves | 130/1 | €8,750 | €8,750 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,750 | €8,750 | = | 0.0% |
| Distributable reserves | 133 | €496,513 | €557,721 | +€61,208 | +12.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €205,031 | €194,116 | -€10,915 | -5.3% |
| Amounts payable after more than one year | 17 | €127,051 | €150,000 | +€22,949 | +18.1% |
| Financial debts | 170/4 | €127,051 | €150,000 | +€22,949 | +18.1% |
| Amounts payable within one year | 42/48 | €58,646 | €32,391 | -€26,255 | -44.8% |
| Current portion of amounts payable after more than one year | 42 | €12,952 | €1,061 | -€11,891 | -91.8% |
| Trade debts | 44 | €5,050 | €1,411 | -€3,639 | -72.1% |
| Suppliers | 440/4 | €5,050 | €1,411 | -€3,639 | -72.1% |
| Taxes, remuneration and social security | 45 | €8,187 | €10,438 | +€2,251 | +27.5% |
| Taxes | 450/3 | €8,187 | €10,438 | +€2,251 | +27.5% |
| Other amounts payable | 47/48 | €32,456 | €19,480 | -€12,976 | -40.0% |
| Accrued charges and deferred income | 492/3 | €19,334 | €11,725 | -€7,609 | -39.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,469 | €14,948 | -€11,521 | -43.5% |
| Other operating charges | 640/8 | €3,704 | €3,409 | -€295 | -8.0% |
| Gross operating margin | 9900 | €99,417 | €95,898 | -€3,520 | -3.5% |
| Operating profit (loss) | 9901 | €69,244 | €77,541 | +€8,297 | +12.0% |
| Financial income | 75/76B | €19,144 | €21,786 | +€2,642 | +13.8% |
| Recurring financial income | 75 | €19,144 | €21,786 | +€2,642 | +13.8% |
| Financial charges | 65/66B | €12,088 | €12,129 | +€41 | +0.3% |
| Recurring financial charges | 65 | €12,088 | €12,129 | +€41 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €76,300 | €87,198 | +€10,898 | +14.3% |
| Income taxes | 67/77 | €22,536 | €24,390 | +€1,854 | +8.2% |
| Profit (loss) for the period | 9904 | €53,764 | €62,808 | +€9,044 | +16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €53,764 | €62,808 | +€9,044 | +16.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.