LABAC: 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.
LABAC
Largest movements
- Tangible fixed assets -€61,502
down €61,502 (-13.0%), from €473,688 to €412,186
of which Land and buildings: -€52,864
- Receivables within one year +€35,928
up €35,928 (+34.1%), from €105,281 to €141,209
of which Trade receivables: +€30,085
- Stocks and contracts -€22,964
down €22,964 (-33.0%), from €69,549 to €46,585
- Other debts -€37,021
down €37,021 (-7.2%), from €511,575 to €474,554
- Current portion of long-term debt -€19,845
down €19,845 (-45.8%), from €43,368 to €23,523
- Tax, wage and social debts +€9,654
up €9,654 (+1788.9%), from €540 to €10,194
- Debts after one year -€9,505
down €9,505 (-3.0%), from €311,850 to €302,345
- Gross operating margin -€8,967
down €8,967 (-11.4%), from €79,004 to €70,037
- Depreciation -€5,797
down €5,797 (-8.3%), from €69,510 to €63,713
- Other operating charges -€1,521
down €1,521 (-60.4%), from €2,520 to €998
- Financial charges -€1,473
down €1,473 (-23.0%), from €6,397 to €4,924
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 | €707,924 | €652,294 | -€55,630 | -7.9% |
| Fixed assets | 21/28 | €480,482 | €416,769 | -€63,713 | -13.3% |
| Intangible fixed assets | 21 | €6,633 | €4,422 | -€2,211 | -33.3% |
| Tangible fixed assets | 22/27 | €473,688 | €412,186 | -€61,502 | -13.0% |
| Land and buildings | 22 | €461,457 | €408,593 | -€52,864 | -11.5% |
| Plant, machinery and equipment | 23 | €11,855 | €3,593 | -€8,262 | -69.7% |
| Furniture and vehicles | 24 | €376 | - | -€376 | |
| Financial fixed assets | 28 | €161 | €161 | = | 0.0% |
| Current assets | 29/58 | €227,442 | €235,524 | +€8,083 | +3.6% |
| Stocks and contracts in progress | 3 | €69,549 | €46,585 | -€22,964 | -33.0% |
| Stocks | 30/36 | €69,549 | €46,585 | -€22,964 | -33.0% |
| Amounts receivable within one year | 40/41 | €105,281 | €141,209 | +€35,928 | +34.1% |
| Trade receivables | 40 | €104,099 | €134,184 | +€30,085 | +28.9% |
| Other amounts receivable | 41 | €1,182 | €7,026 | +€5,843 | +494.2% |
| Current investments | 50/53 | €33,350 | €33,350 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €19,262 | €14,380 | -€4,881 | -25.3% |
| Total equity and liabilities | 10/49 | €707,924 | €652,294 | -€55,630 | -7.9% |
| Equity | 10/15 | -€160,659 | -€160,257 | +€402 | +0.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €15,860 | €15,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €14,000 | €14,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€182,719 | -€182,317 | +€402 | +0.2% |
| Amounts payable | 17/49 | €868,583 | €812,551 | -€56,032 | -6.5% |
| Amounts payable after more than one year | 17 | €311,850 | €302,345 | -€9,505 | -3.0% |
| Financial debts | 170/4 | €311,850 | €302,345 | -€9,505 | -3.0% |
| Amounts payable within one year | 42/48 | €555,983 | €509,956 | -€46,027 | -8.3% |
| Current portion of amounts payable after more than one year | 42 | €43,368 | €23,523 | -€19,845 | -45.8% |
| Trade debts | 44 | €501 | €1,685 | +€1,185 | +236.7% |
| Suppliers | 440/4 | €501 | €1,685 | +€1,185 | +236.7% |
| Taxes, remuneration and social security | 45 | €540 | €10,194 | +€9,654 | +1788.9% |
| Taxes | 450/3 | €540 | €10,194 | +€9,654 | +1788.9% |
| Other amounts payable | 47/48 | €511,575 | €474,554 | -€37,021 | -7.2% |
| Accrued charges and deferred income | 492/3 | €750 | €250 | -€500 | -66.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,510 | €63,713 | -€5,797 | -8.3% |
| Other operating charges | 640/8 | €2,520 | €998 | -€1,521 | -60.4% |
| Gross operating margin | 9900 | €79,004 | €70,037 | -€8,967 | -11.4% |
| Operating profit (loss) | 9901 | €6,975 | €5,326 | -€1,649 | -23.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €6,397 | €4,924 | -€1,473 | -23.0% |
| Recurring financial charges | 65 | €6,397 | €4,924 | -€1,473 | -23.0% |
| Profit (loss) for the period before taxes | 9903 | €578 | €402 | -€176 | -30.5% |
| Profit (loss) for the period | 9904 | €578 | €402 | -€176 | -30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €578 | €402 | -€176 | -30.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.