LABAZ PROD: 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.
LABAZ PROD
Largest movements
- Receivables within one year +€34,833
up €34,833 (+729.5%), from €4,775 to €39,608
- Tangible fixed assets -€10,243
down €10,243 (-6.7%), from €152,309 to €142,066
of which Furniture and vehicles: -€8,553
- Cash +€9,824
up €9,824 (+232.8%), from €4,221 to €14,044
mainly Net result for the year (+€37,092) and Depreciation (+€17,794)
- Profit (loss) carried forward +€37,092
up €37,092, from -€14,028 to €23,064
- Trade debts +€14,482
up €14,482 (+147.2%), from €9,836 to €24,319
- Other debts -€13,580
down €13,580 (-69.6%), from €19,515 to €5,935
- Debts after one year -€11,108
down €11,108 (-8.5%), from €129,929 to €118,821
- Tax, wage and social debts +€9,106
up €9,106 (+576.1%), from €1,581 to €10,686
- Gross operating margin +€66,254
up €66,254, from -€866 to €65,388
- Depreciation +€8,910
up €8,910 (+100.3%), from €8,884 to €17,794
- Taxes +€5,393
up €5,393 (+2397.6%), from €225 to €5,618
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €164,348 | €197,982 | +€33,634 | +20.5% |
| Fixed assets | 21/28 | €152,309 | €142,066 | -€10,243 | -6.7% |
| Tangible fixed assets | 22/27 | €152,309 | €142,066 | -€10,243 | -6.7% |
| Land and buildings | 22 | €108,182 | €102,138 | -€6,044 | -5.6% |
| Plant, machinery and equipment | 23 | €1,663 | €6,017 | +€4,354 | +261.8% |
| Furniture and vehicles | 24 | €42,465 | €33,912 | -€8,553 | -20.1% |
| Current assets | 29/58 | €12,038 | €55,916 | +€43,877 | +364.5% |
| Amounts receivable within one year | 40/41 | €4,775 | €39,608 | +€34,833 | +729.5% |
| Trade receivables | 40 | €4,775 | €39,608 | +€34,833 | +729.5% |
| Cash at bank and in hand | 54/58 | €4,221 | €14,044 | +€9,824 | +232.8% |
| Deferred charges and accrued income | 490/1 | €3,042 | €2,263 | -€779 | -25.6% |
| Total equity and liabilities | 10/49 | €164,348 | €197,982 | +€33,634 | +20.5% |
| Equity | 10/15 | -€10,028 | €27,064 | +€37,092 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,028 | €23,064 | +€37,092 | |
| Amounts payable | 17/49 | €174,376 | €170,918 | -€3,458 | -2.0% |
| Amounts payable after more than one year | 17 | €129,929 | €118,821 | -€11,108 | -8.5% |
| Financial debts | 170/4 | €129,929 | €118,821 | -€11,108 | -8.5% |
| Amounts payable within one year | 42/48 | €41,640 | €52,048 | +€10,408 | +25.0% |
| Current portion of amounts payable after more than one year | 42 | €10,708 | €11,108 | +€400 | +3.7% |
| Trade debts | 44 | €9,836 | €24,319 | +€14,482 | +147.2% |
| Suppliers | 440/4 | €9,836 | €24,319 | +€14,482 | +147.2% |
| Taxes, remuneration and social security | 45 | €1,581 | €10,686 | +€9,106 | +576.1% |
| Taxes | 450/3 | €1,581 | €10,686 | +€9,106 | +576.1% |
| Other amounts payable | 47/48 | €19,515 | €5,935 | -€13,580 | -69.6% |
| Accrued charges and deferred income | 492/3 | €2,807 | €50 | -€2,757 | -98.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,884 | €17,794 | +€8,910 | +100.3% |
| Other operating charges | 640/8 | €838 | €665 | -€173 | -20.7% |
| Gross operating margin | 9900 | -€866 | €65,388 | +€66,254 | |
| Operating profit (loss) | 9901 | -€10,588 | €46,929 | +€57,517 | |
| Financial income | 75/76B | €1 | €6 | +€5 | +482.4% |
| Recurring financial income | 75 | €1 | €6 | +€5 | +482.4% |
| Financial charges | 65/66B | €3,764 | €4,225 | +€462 | +12.3% |
| Recurring financial charges | 65 | €3,764 | €4,225 | +€462 | +12.3% |
| Profit (loss) for the period before taxes | 9903 | -€14,351 | €42,710 | +€57,061 | |
| Income taxes | 67/77 | €225 | €5,618 | +€5,393 | +2397.6% |
| Profit (loss) for the period | 9904 | -€14,576 | €37,092 | +€51,668 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,576 | €37,092 | +€51,668 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.