LAB EQUITY: 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.
LAB EQUITY
Largest movements
- Current investments +€50,225
up €50,225 (+502%), from €10,000 to €60,225
- Tangible fixed assets +€43,845
up €43,845 (+9.2%), from €478,169 to €522,014
of which Furniture and vehicles: +€51,892
- Cash +€34,092
up €34,092 (+60.2%), from €56,585 to €90,678
mainly Net result for the year (+€524,880) and Tax, wage and social debts (+€47,626)
- Profit (loss) carried forward +€524,880
up €524,880 (+344%), from €152,767 to €677,647
- Debts after one year -€408,432
down €408,432 (-56.8%), from €718,832 to €310,400
- Tax, wage and social debts +€47,626
up €47,626 (+75.7%), from €62,880 to €110,506
- Current portion of long-term debt -€34,555
down €34,555 (-33.9%), from €101,987 to €67,432
- Financial income +€341,261
up €341,261 (+487,515,486%), from €0 to €341,261
- Gross operating margin +€109,461
up €109,461 (+56.6%), from €193,403 to €302,864
- Taxes +€22,606
up €22,606 (+74.9%), from €30,171 to €52,777
- Depreciation +€16,768
up €16,768 (+61.3%), from €27,347 to €44,115
- Financial charges -€5,745
down €5,745 (-22.7%), from €25,291 to €19,546
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 | €1,046,703 | €1,174,951 | +€128,248 | +12.3% |
| Fixed assets | 21/28 | €978,169 | €1,022,014 | +€43,845 | +4.5% |
| Tangible fixed assets | 22/27 | €478,169 | €522,014 | +€43,845 | +9.2% |
| Land and buildings | 22 | €401,465 | €382,672 | -€18,792 | -4.7% |
| Plant, machinery and equipment | 23 | €18,248 | €28,993 | +€10,745 | +58.9% |
| Furniture and vehicles | 24 | €58,457 | €110,349 | +€51,892 | +88.8% |
| Financial fixed assets | 28 | €500,000 | €500,000 | = | 0.0% |
| Current assets | 29/58 | €68,534 | €152,937 | +€84,403 | +123% |
| Amounts receivable within one year | 40/41 | €3 | €3 | = | 0.0% |
| Other amounts receivable | 41 | €3 | €3 | = | 0.0% |
| Current investments | 50/53 | €10,000 | €60,225 | +€50,225 | +502% |
| Cash at bank and in hand | 54/58 | €56,585 | €90,678 | +€34,092 | +60.2% |
| Deferred charges and accrued income | 490/1 | €1,945 | €2,031 | +€86 | +4.4% |
| Total equity and liabilities | 10/49 | €1,046,703 | €1,174,951 | +€128,248 | +12.3% |
| Equity | 10/15 | €158,767 | €683,647 | +€524,880 | +331% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €152,767 | €677,647 | +€524,880 | +344% |
| Amounts payable | 17/49 | €887,936 | €491,304 | -€396,632 | -44.7% |
| Amounts payable after more than one year | 17 | €718,832 | €310,400 | -€408,432 | -56.8% |
| Financial debts | 170/4 | €718,832 | €310,400 | -€408,432 | -56.8% |
| Amounts payable within one year | 42/48 | €169,104 | €180,904 | +€11,800 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €101,987 | €67,432 | -€34,555 | -33.9% |
| Trade debts | 44 | €1,517 | €840 | -€677 | -44.6% |
| Suppliers | 440/4 | €1,517 | €840 | -€677 | -44.6% |
| Taxes, remuneration and social security | 45 | €62,880 | €110,506 | +€47,626 | +75.7% |
| Taxes | 450/3 | €62,880 | €110,506 | +€47,626 | +75.7% |
| Other amounts payable | 47/48 | €2,721 | €2,126 | -€594 | -21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,347 | €44,115 | +€16,768 | +61.3% |
| Other operating charges | 640/8 | €939 | €2,807 | +€1,868 | +199% |
| Gross operating margin | 9900 | €193,403 | €302,864 | +€109,461 | +56.6% |
| Operating profit (loss) | 9901 | €165,116 | €255,942 | +€90,826 | +55.0% |
| Financial income | 75/76B | €0 | €341,261 | +€341,261 | +487,515,486% |
| Recurring financial income | 75 | €0 | €341,261 | +€341,261 | +487,515,486% |
| Financial charges | 65/66B | €25,291 | €19,546 | -€5,745 | -22.7% |
| Recurring financial charges | 65 | €25,291 | €19,546 | -€5,745 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €139,825 | €577,657 | +€437,831 | +313% |
| Income taxes | 67/77 | €30,171 | €52,777 | +€22,606 | +74.9% |
| Profit (loss) for the period | 9904 | €109,654 | €524,880 | +€415,226 | +379% |
| Profit (loss) for the period to be appropriated | 9905 | €109,654 | €524,880 | +€415,226 | +379% |
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 23 October 2026 via checked.be.