LAABZ: 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.
LAABZ
Largest movements
- Receivables within one year +€29,598
up €29,598 (+298%), from €9,921 to €39,519
of which Trade receivables: +€31,216
- Tangible fixed assets -€21,163
down €21,163 (-44.2%), from €47,886 to €26,723
- Stocks and contracts +€10,003
up €10,003 (+137%), from €7,285 to €17,288
- Cash +€5,679
up €5,679 (+39.1%), from €14,510 to €20,189
mainly Depreciation (+€23,462) and Tax, wage and social debts (+€19,487)
- Tax, wage and social debts +€19,487
up €19,487 (+219%), from €8,880 to €28,367
of which Taxes: +€27,550
- Profit (loss) carried forward +€9,015
up €9,015 (+51.3%), from €17,590 to €26,605
- Trade debts -€4,439
down €4,439 (-80.7%), from €5,498 to €1,059
- Purchases and services -€619,437
no longer reported in 2024 (was €619,437)
- Gross operating margin +€48,049
up €48,049 (+38.6%), from €124,586 to €172,635
- Staff costs +€45,242
up €45,242 (+49.1%), from €92,234 to €137,476
- Other operating charges +€2,471
new in 2024: €2,471
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €81,868 | €105,931 | +€24,063 | +29.4% |
| Fixed assets | 21/28 | €49,636 | €28,473 | -€21,163 | -42.6% |
| Tangible fixed assets | 22/27 | €47,886 | €26,723 | -€21,163 | -44.2% |
| Plant, machinery and equipment | 23 | €7,211 | €3,897 | -€3,314 | -46.0% |
| Furniture and vehicles | 24 | €5,996 | €3,290 | -€2,706 | -45.1% |
| Leasing and similar rights | 25 | €8,193 | - | -€8,193 | |
| Other tangible fixed assets | 26 | €26,486 | €19,536 | -€6,950 | -26.2% |
| Financial fixed assets | 28 | €1,750 | €1,750 | = | 0.0% |
| Current assets | 29/58 | €32,232 | €77,458 | +€45,226 | +140% |
| Stocks and contracts in progress | 3 | €7,285 | €17,288 | +€10,003 | +137% |
| Stocks | 30/36 | €7,285 | €17,288 | +€10,003 | +137% |
| Amounts receivable within one year | 40/41 | €9,921 | €39,519 | +€29,598 | +298% |
| Trade receivables | 40 | - | €31,216 | +€31,216 | |
| Other amounts receivable | 41 | €9,921 | €8,303 | -€1,618 | -16.3% |
| Current investments | 50/53 | €516 | €462 | -€54 | -10.4% |
| Cash at bank and in hand | 54/58 | €14,510 | €20,189 | +€5,679 | +39.1% |
| Total equity and liabilities | 10/49 | €81,868 | €105,931 | +€24,063 | +29.4% |
| Equity | 10/15 | €36,190 | €45,205 | +€9,015 | +24.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,590 | €26,605 | +€9,015 | +51.3% |
| Amounts payable | 17/49 | €45,678 | €60,726 | +€15,048 | +32.9% |
| Amounts payable after more than one year | 17 | €20,460 | €20,460 | = | 0.0% |
| Financial debts | 170/4 | €20,460 | €20,460 | = | 0.0% |
| Amounts payable within one year | 42/48 | €25,218 | €40,266 | +€15,048 | +59.7% |
| Current portion of amounts payable after more than one year | 42 | €10,840 | €10,840 | = | 0.0% |
| Trade debts | 44 | €5,498 | €1,059 | -€4,439 | -80.7% |
| Suppliers | 440/4 | €5,498 | €1,059 | -€4,439 | -80.7% |
| Taxes, remuneration and social security | 45 | €8,880 | €28,367 | +€19,487 | +219% |
| Taxes | 450/3 | €700 | €28,250 | +€27,550 | +3,936% |
| Remuneration and social security | 454/9 | €8,180 | €118 | -€8,062 | -98.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €619,437 | - | -€619,437 | |
| Remuneration, social security and pensions | 62 | €92,234 | €137,476 | +€45,242 | +49.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,462 | €23,462 | = | 0.0% |
| Other operating charges | 640/8 | - | €2,471 | +€2,471 | |
| Gross operating margin | 9900 | €124,586 | €172,635 | +€48,049 | +38.6% |
| Operating profit (loss) | 9901 | €8,890 | €9,226 | +€336 | +3.8% |
| Financial charges | 65/66B | - | €210 | +€210 | |
| Recurring financial charges | 65 | - | €210 | +€210 | |
| Profit (loss) for the period before taxes | 9903 | €8,890 | €9,015 | +€125 | +1.4% |
| Profit (loss) for the period | 9904 | €8,890 | €9,015 | +€125 | +1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,890 | €9,015 | +€125 | +1.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.