LAB@MOND: 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@MOND
Largest movements
- Receivables within one year +€48,982
up €48,982 (+38.6%), from €126,850 to €175,832
of which Trade receivables: +€36,217
- Tangible fixed assets -€31,887
down €31,887 (-20.0%), from €159,522 to €127,635
- Intangible fixed assets -€14,328
down €14,328 (-71.8%), from €19,963 to €5,635
- Cash -€8,307
down €8,307 (-8.7%), from €95,073 to €86,766
mainly Contributions, distributions and other (-€159,000) and Receivables within one year (-€48,982)
- Trade debts +€30,425
up €30,425 (+83.4%), from €36,490 to €66,915
- Debts after one year -€22,574
down €22,574 (-55.5%), from €40,685 to €18,111
- Tax, wage and social debts -€17,766
down €17,766 (-20.7%), from €85,886 to €68,120
of which Remuneration and social security: -€13,365
- Other debts +€10,188
up €10,188 (+6.8%), from €149,272 to €159,460
- Current portion of long-term debt -€7,983
down €7,983 (-26.1%), from €30,557 to €22,574
- Staff costs -€42,091
down €42,091 (-12.1%), from €347,907 to €305,816
- Taxes +€12,355
up €12,355 (+28.3%), from €43,644 to €55,998
- Gross operating margin +€8,762
up €8,762 (+1.5%), from €594,729 to €603,491
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 | €433,722 | €426,878 | -€6,844 | -1.6% |
| Fixed assets | 21/28 | €179,785 | €133,570 | -€46,215 | -25.7% |
| Intangible fixed assets | 21 | €19,963 | €5,635 | -€14,328 | -71.8% |
| Tangible fixed assets | 22/27 | €159,522 | €127,635 | -€31,887 | -20.0% |
| Plant, machinery and equipment | 23 | €70,504 | €64,756 | -€5,748 | -8.2% |
| Furniture and vehicles | 24 | €12,239 | €11,323 | -€916 | -7.5% |
| Leasing and similar rights | 25 | €34,222 | €19,961 | -€14,261 | -41.7% |
| Other tangible fixed assets | 26 | €42,557 | €31,594 | -€10,963 | -25.8% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €253,937 | €293,309 | +€39,371 | +15.5% |
| Stocks and contracts in progress | 3 | €26,025 | €26,025 | = | 0.0% |
| Stocks | 30/36 | €26,025 | €26,025 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €126,850 | €175,832 | +€48,982 | +38.6% |
| Trade receivables | 40 | €121,889 | €158,106 | +€36,217 | +29.7% |
| Other amounts receivable | 41 | €4,961 | €17,726 | +€12,765 | +257% |
| Cash at bank and in hand | 54/58 | €95,073 | €86,766 | -€8,307 | -8.7% |
| Deferred charges and accrued income | 490/1 | €5,989 | €4,685 | -€1,304 | -21.8% |
| Total equity and liabilities | 10/49 | €433,722 | €426,878 | -€6,844 | -1.6% |
| Equity | 10/15 | €90,832 | €91,698 | +€866 | +1.0% |
| Contributions | 10/11 | €90,832 | €90,832 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €866 | +€866 | |
| Amounts payable | 17/49 | €342,890 | €335,180 | -€7,710 | -2.2% |
| Amounts payable after more than one year | 17 | €40,685 | €18,111 | -€22,574 | -55.5% |
| Financial debts | 170/4 | €40,685 | €18,111 | -€22,574 | -55.5% |
| Amounts payable within one year | 42/48 | €302,206 | €317,070 | +€14,864 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | €30,557 | €22,574 | -€7,983 | -26.1% |
| Trade debts | 44 | €36,490 | €66,915 | +€30,425 | +83.4% |
| Suppliers | 440/4 | €36,490 | €66,915 | +€30,425 | +83.4% |
| Taxes, remuneration and social security | 45 | €85,886 | €68,120 | -€17,766 | -20.7% |
| Taxes | 450/3 | €17,667 | €13,266 | -€4,401 | -24.9% |
| Remuneration and social security | 454/9 | €68,220 | €54,855 | -€13,365 | -19.6% |
| Other amounts payable | 47/48 | €149,272 | €159,460 | +€10,188 | +6.8% |
| Remuneration, social security and pensions | 62 | €347,907 | €305,816 | -€42,091 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,851 | €73,024 | -€5,827 | -7.4% |
| Other operating charges | 640/8 | €3,652 | €3,815 | +€164 | +4.5% |
| Gross operating margin | 9900 | €594,729 | €603,491 | +€8,762 | +1.5% |
| Operating profit (loss) | 9901 | €164,319 | €220,835 | +€56,516 | +34.4% |
| Financial income | 75/76B | €75 | €4 | -€71 | -94.3% |
| Recurring financial income | 75 | €75 | €4 | -€71 | -94.3% |
| Financial charges | 65/66B | €4,931 | €4,975 | +€44 | +0.9% |
| Recurring financial charges | 65 | €4,931 | €4,975 | +€44 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €159,464 | €215,864 | +€56,400 | +35.4% |
| Income taxes | 67/77 | €43,644 | €55,998 | +€12,355 | +28.3% |
| Profit (loss) for the period | 9904 | €115,820 | €159,866 | +€44,046 | +38.0% |
| Profit (loss) for the period to be appropriated | 9905 | €115,820 | €159,866 | +€44,046 | +38.0% |
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 17 October 2026 via checked.be.