LABAR IMMO: 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.
LABAR IMMO
Largest movements
- Cash +€29,528
up €29,528 (+56.7%), from €52,072 to €81,600
mainly Depreciation (+€14,302) and Net result for the year (+€10,558)
- Tangible fixed assets -€14,302
down €14,302 (-51.3%), from €27,885 to €13,583
of which Other tangible fixed assets: -€12,825
- Receivables within one year -€5,662
down €5,662 (-41.9%), from €13,510 to €7,848
of which Trade receivables: -€3,406
- Reserves +€10,500
up €10,500 (+17.1%), from €61,387 to €71,887
- Current portion of long-term debt -€1,071
no longer reported in 2025 (was €1,071)
- Turnover -€13,006
down €13,006 (-17.1%), from €75,978 to €62,971
- Gross operating margin -€8,726
down €8,726 (-20.1%), from €43,462 to €34,736
- Depreciation -€5,767
down €5,767 (-28.7%), from €20,069 to €14,302
- Purchases and services -€3,780
down €3,780 (-11.6%), from €32,516 to €28,736
- Taxes -€1,389
down €1,389 (-16.8%), from €8,273 to €6,884
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 | €94,481 | €104,089 | +€9,608 | +10.2% |
| Fixed assets | 21/28 | €27,885 | €13,583 | -€14,302 | -51.3% |
| Tangible fixed assets | 22/27 | €27,885 | €13,583 | -€14,302 | -51.3% |
| Plant, machinery and equipment | 23 | €704 | €317 | -€387 | -55.0% |
| Furniture and vehicles | 24 | €1,531 | €441 | -€1,090 | -71.2% |
| Other tangible fixed assets | 26 | €25,650 | €12,825 | -€12,825 | -50.0% |
| Current assets | 29/58 | €66,596 | €90,506 | +€23,910 | +35.9% |
| Amounts receivable within one year | 40/41 | €13,510 | €7,848 | -€5,662 | -41.9% |
| Trade receivables | 40 | €11,254 | €7,848 | -€3,406 | -30.3% |
| Other amounts receivable | 41 | €2,256 | - | -€2,256 | |
| Cash at bank and in hand | 54/58 | €52,072 | €81,600 | +€29,528 | +56.7% |
| Deferred charges and accrued income | 490/1 | €1,013 | €1,058 | +€45 | +4.4% |
| Total equity and liabilities | 10/49 | €94,481 | €104,089 | +€9,608 | +10.2% |
| Equity | 10/15 | €89,724 | €100,282 | +€10,558 | +11.8% |
| Contributions | 10/11 | €23,648 | €23,648 | = | 0.0% |
| Reserves | 13 | €61,387 | €71,887 | +€10,500 | +17.1% |
| Distributable reserves | 133 | €61,387 | €71,887 | +€10,500 | +17.1% |
| Profit (loss) carried forward | 14 | €4,689 | €4,747 | +€58 | +1.2% |
| Amounts payable | 17/49 | €4,757 | €3,807 | -€950 | -20.0% |
| Amounts payable within one year | 42/48 | €4,757 | €3,771 | -€986 | -20.7% |
| Current portion of amounts payable after more than one year | 42 | €1,071 | - | -€1,071 | |
| Trade debts | 44 | €341 | €555 | +€214 | +62.8% |
| Suppliers | 440/4 | €341 | €555 | +€214 | +62.8% |
| Taxes, remuneration and social security | 45 | €2,173 | €1,794 | -€379 | -17.4% |
| Taxes | 450/3 | €2,173 | €1,794 | -€379 | -17.4% |
| Other amounts payable | 47/48 | €1,171 | €1,421 | +€250 | +21.3% |
| Accrued charges and deferred income | 492/3 | - | €36 | +€36 | |
| Turnover | 70 | €75,978 | €62,971 | -€13,006 | -17.1% |
| Non-recurring operating income | 76A | - | €500 | +€500 | |
| Goods, raw materials, services and sundry goods | 60/61 | €32,516 | €28,736 | -€3,780 | -11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,069 | €14,302 | -€5,767 | -28.7% |
| Other operating charges | 640/8 | €3,622 | €3,514 | -€108 | -3.0% |
| Gross operating margin | 9900 | €43,462 | €34,736 | -€8,726 | -20.1% |
| Operating profit (loss) | 9901 | €19,771 | €16,919 | -€2,852 | -14.4% |
| Financial income | 75/76B | €664 | €615 | -€49 | -7.4% |
| Recurring financial income | 75 | €664 | €615 | -€49 | -7.4% |
| Financial charges | 65/66B | €158 | €92 | -€66 | -41.6% |
| Recurring financial charges | 65 | €158 | €92 | -€66 | -41.6% |
| Profit (loss) for the period before taxes | 9903 | €20,277 | €17,442 | -€2,835 | -14.0% |
| Income taxes | 67/77 | €8,273 | €6,884 | -€1,389 | -16.8% |
| Profit (loss) for the period | 9904 | €12,004 | €10,558 | -€1,446 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,004 | €10,558 | -€1,446 | -12.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.