Labarque DD: 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.
Labarque DD
Largest movements
- Receivables within one year +€75,031
up €75,031 (+389.5%), from €19,264 to €94,295
of which Trade receivables: +€76,819
- Cash -€49,272
no longer reported in 2025 (was €49,272)
mainly Receivables within one year (-€75,031) and Investment in fixed assets (net) (-€26,063)
- Stocks and contracts +€6,394
up €6,394 (+19.6%), from €32,658 to €39,052
- Tangible fixed assets +€5,298
up €5,298 (+9.0%), from €58,698 to €63,996
of which Other tangible fixed assets: +€4,697
- Deferred charges and accrued income -€2,324
down €2,324 (-43.9%), from €5,293 to €2,968
- Trade debts +€15,844
up €15,844 (+155.5%), from €10,191 to €26,035
- Reserves +€14,318
up €14,318 (+45.1%), from €31,776 to €46,094
- Other debts +€7,595
up €7,595 (+29.9%), from €25,379 to €32,974
- Advances received -€3,000
no longer reported in 2025 (was €3,000)
- Staff costs -€9,083
down €9,083 (-97.5%), from €9,312 to €229
- Gross operating margin +€6,088
up €6,088 (+12.7%), from €47,829 to €53,917
- Taxes +€3,351
up €3,351 (+84.6%), from €3,959 to €7,310
- Depreciation +€1,246
up €1,246 (+6.4%), from €19,519 to €20,765
- Financial charges -€704
down €704 (-9.8%), from €7,205 to €6,501
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 | €169,184 | €204,311 | +€35,128 | +20.8% |
| Fixed assets | 21/28 | €62,697 | €67,996 | +€5,298 | +8.5% |
| Tangible fixed assets | 22/27 | €58,698 | €63,996 | +€5,298 | +9.0% |
| Plant, machinery and equipment | 23 | €409 | - | -€409 | |
| Furniture and vehicles | 24 | €7,589 | €9,858 | +€2,269 | +29.9% |
| Leasing and similar rights | 25 | €36,464 | €35,205 | -€1,259 | -3.5% |
| Other tangible fixed assets | 26 | €14,236 | €18,933 | +€4,697 | +33.0% |
| Financial fixed assets | 28 | €4,000 | €4,000 | = | 0.0% |
| Current assets | 29/58 | €106,486 | €136,315 | +€29,829 | +28.0% |
| Stocks and contracts in progress | 3 | €32,658 | €39,052 | +€6,394 | +19.6% |
| Stocks | 30/36 | €32,658 | €39,052 | +€6,394 | +19.6% |
| Amounts receivable within one year | 40/41 | €19,264 | €94,295 | +€75,031 | +389.5% |
| Trade receivables | 40 | €16,829 | €93,648 | +€76,819 | +456.5% |
| Other amounts receivable | 41 | €2,435 | €647 | -€1,788 | -73.4% |
| Cash at bank and in hand | 54/58 | €49,272 | - | -€49,272 | |
| Deferred charges and accrued income | 490/1 | €5,293 | €2,968 | -€2,324 | -43.9% |
| Total equity and liabilities | 10/49 | €169,184 | €204,311 | +€35,128 | +20.8% |
| Equity | 10/15 | €50,376 | €64,694 | +€14,318 | +28.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,776 | €46,094 | +€14,318 | +45.1% |
| Distributable reserves | 133 | €31,776 | €46,094 | +€14,318 | +45.1% |
| Amounts payable | 17/49 | €118,808 | €139,617 | +€20,809 | +17.5% |
| Amounts payable after more than one year | 17 | €62,224 | €63,132 | +€908 | +1.5% |
| Financial debts | 170/4 | €23,224 | €24,132 | +€908 | +3.9% |
| Other amounts payable | 178/9 | €39,000 | €39,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €52,082 | €72,528 | +€20,446 | +39.3% |
| Current portion of amounts payable after more than one year | 42 | €10,057 | €9,500 | -€557 | -5.5% |
| Financial debts | 43 | - | €509 | +€509 | |
| Credit institutions | 430/8 | - | €509 | +€509 | |
| Trade debts | 44 | €10,191 | €26,035 | +€15,844 | +155.5% |
| Suppliers | 440/4 | €10,191 | €26,035 | +€15,844 | +155.5% |
| Advances received on contracts in progress | 46 | €3,000 | - | -€3,000 | |
| Taxes, remuneration and social security | 45 | €3,456 | €3,510 | +€54 | +1.6% |
| Taxes | 450/3 | €3,456 | €3,510 | +€54 | +1.6% |
| Other amounts payable | 47/48 | €25,379 | €32,974 | +€7,595 | +29.9% |
| Accrued charges and deferred income | 492/3 | €4,502 | €3,957 | -€545 | -12.1% |
| Non-recurring operating income | 76A | - | €644 | +€644 | |
| Remuneration, social security and pensions | 62 | €9,312 | €229 | -€9,083 | -97.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,519 | €20,765 | +€1,246 | +6.4% |
| Other operating charges | 640/8 | €3,928 | €3,353 | -€575 | -14.6% |
| Gross operating margin | 9900 | €47,829 | €53,917 | +€6,088 | +12.7% |
| Operating profit (loss) | 9901 | €15,070 | €29,569 | +€14,499 | +96.2% |
| Financial income | 75/76B | €176 | €278 | +€102 | +57.6% |
| Recurring financial income | 75 | €176 | €278 | +€102 | +57.6% |
| Financial charges | 65/66B | €7,205 | €6,501 | -€704 | -9.8% |
| Recurring financial charges | 65 | €7,205 | €6,501 | -€704 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €8,042 | €23,346 | +€15,305 | +190.3% |
| Income taxes | 67/77 | €3,959 | €7,310 | +€3,351 | +84.6% |
| Profit (loss) for the period | 9904 | €4,083 | €16,036 | +€11,954 | +292.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,083 | €16,036 | +€11,954 | +292.8% |
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 30 September 2026 via checked.be.