LAB60: 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.
LAB60
Largest movements
- Cash +€31,663
up €31,663 (+41.1%), from €77,132 to €108,796
mainly Net result for the year (+€31,157) and Depreciation (+€12,505)
- Tangible fixed assets -€12,505
down €12,505 (-37.3%), from €33,528 to €21,023
of which Furniture and vehicles: -€11,905
- Receivables within one year -€8,834
down €8,834 (-83.2%), from €10,615 to €1,781
- Deferred charges and accrued income +€8,493
up €8,493 (+831.8%), from €1,021 to €9,514
- Reserves +€31,157
up €31,157 (+46.5%), from €66,958 to €98,115
- Debts after one year -€10,958
down €10,958 (-51.8%), from €21,134 to €10,176
- Tax, wage and social debts -€2,012
down €2,012 (-22.5%), from €8,923 to €6,911
- Other debts +€1,841
up €1,841 (+322.8%), from €570 to €2,411
- Gross operating margin +€6,023
up €6,023 (+11.1%), from €54,291 to €60,313
- Taxes +€2,040
up €2,040 (+15.6%), from €13,115 to €15,155
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 | €122,296 | €141,114 | +€18,817 | +15.4% |
| Fixed assets | 21/28 | €33,528 | €21,023 | -€12,505 | -37.3% |
| Tangible fixed assets | 22/27 | €33,528 | €21,023 | -€12,505 | -37.3% |
| Plant, machinery and equipment | 23 | €1,564 | €964 | -€600 | -38.4% |
| Furniture and vehicles | 24 | €31,964 | €20,059 | -€11,905 | -37.2% |
| Current assets | 29/58 | €88,768 | €120,091 | +€31,323 | +35.3% |
| Amounts receivable within one year | 40/41 | €10,615 | €1,781 | -€8,834 | -83.2% |
| Trade receivables | 40 | €10,615 | €1,781 | -€8,834 | -83.2% |
| Cash at bank and in hand | 54/58 | €77,132 | €108,796 | +€31,663 | +41.1% |
| Deferred charges and accrued income | 490/1 | €1,021 | €9,514 | +€8,493 | +831.8% |
| Total equity and liabilities | 10/49 | €122,296 | €141,114 | +€18,817 | +15.4% |
| Equity | 10/15 | €79,358 | €110,515 | +€31,157 | +39.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €66,958 | €98,115 | +€31,157 | +46.5% |
| Distributable reserves | 133 | €66,958 | €98,115 | +€31,157 | +46.5% |
| Amounts payable | 17/49 | €42,938 | €30,598 | -€12,339 | -28.7% |
| Amounts payable after more than one year | 17 | €21,134 | €10,176 | -€10,958 | -51.8% |
| Financial debts | 170/4 | €21,134 | €10,176 | -€10,958 | -51.8% |
| Amounts payable within one year | 42/48 | €21,803 | €20,422 | -€1,381 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €10,810 | €10,958 | +€148 | +1.4% |
| Trade debts | 44 | €1,500 | €142 | -€1,358 | -90.6% |
| Suppliers | 440/4 | €1,500 | €142 | -€1,358 | -90.6% |
| Taxes, remuneration and social security | 45 | €8,923 | €6,911 | -€2,012 | -22.5% |
| Taxes | 450/3 | €8,923 | €6,911 | -€2,012 | -22.5% |
| Other amounts payable | 47/48 | €570 | €2,411 | +€1,841 | +322.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,026 | €12,505 | -€521 | -4.0% |
| Other operating charges | 640/8 | €499 | €513 | +€14 | +2.8% |
| Gross operating margin | 9900 | €54,291 | €60,313 | +€6,023 | +11.1% |
| Operating profit (loss) | 9901 | €40,765 | €47,295 | +€6,529 | +16.0% |
| Financial income | 75/76B | €28 | - | -€28 | |
| Recurring financial income | 75 | €28 | - | -€28 | |
| Financial charges | 65/66B | €932 | €982 | +€50 | +5.4% |
| Recurring financial charges | 65 | €932 | €982 | +€50 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | €39,861 | €46,312 | +€6,451 | +16.2% |
| Income taxes | 67/77 | €13,115 | €15,155 | +€2,040 | +15.6% |
| Profit (loss) for the period | 9904 | €26,746 | €31,157 | +€4,411 | +16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,746 | €31,157 | +€4,411 | +16.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.