LAABOUD: what changed
Two fiscal 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.
LAABOUD
Largest movements
- Receivables within one year -€29,062
down €29,062 (-76.7%), from €37,869 to €8,807
of which Trade receivables: -€26,062
- Cash -€11,820
down €11,820 (-80.3%), from €14,724 to €2,905
mainly Trade debts (-€31,482) and Net result for the year (-€15,092)
- Tangible fixed assets -€2,093
down €2,093 (-14.4%), from €14,508 to €12,415
of which Furniture and vehicles: -€1,343
- Trade debts -€31,482
down €31,482 (-91.7%), from €34,341 to €2,859
- Profit (loss) carried forward -€15,092
down €15,092 (-80.8%), from €18,668 to €3,576
- Other debts +€2,787
up €2,787 (+1070.6%), from €260 to €3,048
- Tax, wage and social debts +€812
up €812 (+7.5%), from €10,833 to €11,645
of which Remuneration and social security: +€4,025
- Gross operating margin -€25,815
down €25,815 (-59.5%), from €43,399 to €17,584
- Staff costs +€10,766
up €10,766 (+73.6%), from €14,628 to €25,394
- Taxes -€4,673
no longer reported in 2025 (was €4,673)
- Depreciation +€1,211
up €1,211 (+29.2%), from €4,151 to €5,362
- Other operating charges +€1,199
up €1,199 (+265.4%), from €452 to €1,651
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,102 | €24,127 | -€42,975 | -64.0% |
| Fixed assets | 21/28 | €14,508 | €12,415 | -€2,093 | -14.4% |
| Tangible fixed assets | 22/27 | €14,508 | €12,415 | -€2,093 | -14.4% |
| Plant, machinery and equipment | 23 | €2,029 | €1,279 | -€750 | -37.0% |
| Furniture and vehicles | 24 | €12,480 | €11,137 | -€1,343 | -10.8% |
| Current assets | 29/58 | €52,593 | €11,711 | -€40,882 | -77.7% |
| Amounts receivable within one year | 40/41 | €37,869 | €8,807 | -€29,062 | -76.7% |
| Trade receivables | 40 | €34,869 | €8,807 | -€26,062 | -74.7% |
| Other amounts receivable | 41 | €3,000 | - | -€3,000 | |
| Cash at bank and in hand | 54/58 | €14,724 | €2,905 | -€11,820 | -80.3% |
| Total equity and liabilities | 10/49 | €67,102 | €24,127 | -€42,975 | -64.0% |
| Equity | 10/15 | €21,668 | €6,576 | -€15,092 | -69.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,668 | €3,576 | -€15,092 | -80.8% |
| Amounts payable | 17/49 | €45,434 | €17,551 | -€27,883 | -61.4% |
| Amounts payable within one year | 42/48 | €45,434 | €17,551 | -€27,883 | -61.4% |
| Trade debts | 44 | €34,341 | €2,859 | -€31,482 | -91.7% |
| Suppliers | 440/4 | €34,341 | €2,859 | -€31,482 | -91.7% |
| Taxes, remuneration and social security | 45 | €10,833 | €11,645 | +€812 | +7.5% |
| Taxes | 450/3 | €7,320 | €4,107 | -€3,213 | -43.9% |
| Remuneration and social security | 454/9 | €3,513 | €7,538 | +€4,025 | +114.6% |
| Other amounts payable | 47/48 | €260 | €3,048 | +€2,787 | +1070.6% |
| Remuneration, social security and pensions | 62 | €14,628 | €25,394 | +€10,766 | +73.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,151 | €5,362 | +€1,211 | +29.2% |
| Other operating charges | 640/8 | €452 | €1,651 | +€1,199 | +265.4% |
| Gross operating margin | 9900 | €43,399 | €17,584 | -€25,815 | -59.5% |
| Operating profit (loss) | 9901 | €24,168 | -€14,823 | -€38,991 | |
| Financial charges | 65/66B | €173 | €269 | +€96 | +55.3% |
| Recurring financial charges | 65 | €173 | €269 | +€96 | +55.3% |
| Profit (loss) for the period before taxes | 9903 | €23,995 | -€15,092 | -€39,087 | |
| Income taxes | 67/77 | €4,673 | - | -€4,673 | |
| Profit (loss) for the period | 9904 | €19,322 | -€15,092 | -€34,414 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,322 | -€15,092 | -€34,414 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.