LABBAFIX: 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.
LABBAFIX
Largest movements
- Tangible fixed assets +€55,616
up €55,616 (+37.4%), from €148,833 to €204,449
- Cash -€22,760
down €22,760 (-45.7%), from €49,818 to €27,058
mainly Investment in fixed assets (net) (-€114,183) and Contributions, distributions and other (-€30,000)
- Reserves -€30,000
no longer reported in 2025 (was €30,000)
- Debts after one year +€26,200
up €26,200 (+117.2%), from €22,359 to €48,559
- Profit (loss) carried forward +€25,794
up €25,794, from -€14,823 to €10,971
- Trade debts +€24,561
up €24,561 (+35.1%), from €69,964 to €94,525
- Other debts -€10,591
down €10,591 (-10.2%), from €103,965 to €93,374
- Staff costs +€20,007
up €20,007 (+19.9%), from €100,728 to €120,736
- Gross operating margin +€12,843
up €12,843 (+6.0%), from €213,111 to €225,955
- Depreciation +€10,175
up €10,175 (+21.0%), from €48,392 to €58,567
- Other operating charges -€8,170
down €8,170 (-30.6%), from €26,702 to €18,532
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 | €279,682 | €312,443 | +€32,761 | +11.7% |
| Fixed assets | 21/28 | €149,236 | €204,852 | +€55,616 | +37.3% |
| Tangible fixed assets | 22/27 | €148,833 | €204,449 | +€55,616 | +37.4% |
| Plant, machinery and equipment | 23 | €98,167 | €109,749 | +€11,583 | +11.8% |
| Furniture and vehicles | 24 | €14,035 | €32,238 | +€18,203 | +129.7% |
| Leasing and similar rights | 25 | €36,631 | €62,461 | +€25,830 | +70.5% |
| Financial fixed assets | 28 | €403 | €403 | = | 0.0% |
| Current assets | 29/58 | €130,446 | €107,591 | -€22,855 | -17.5% |
| Amounts receivable within one year | 40/41 | €80,490 | €80,391 | -€99 | -0.1% |
| Trade receivables | 40 | €79,283 | €74,905 | -€4,377 | -5.5% |
| Other amounts receivable | 41 | €1,207 | €5,486 | +€4,279 | +354.4% |
| Cash at bank and in hand | 54/58 | €49,818 | €27,058 | -€22,760 | -45.7% |
| Deferred charges and accrued income | 490/1 | €138 | €142 | +€4 | +2.9% |
| Total equity and liabilities | 10/49 | €279,682 | €312,443 | +€32,761 | +11.7% |
| Equity | 10/15 | €45,177 | €40,971 | -€4,206 | -9.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €30,000 | - | -€30,000 | |
| Distributable reserves | 133 | €30,000 | - | -€30,000 | |
| Profit (loss) carried forward | 14 | -€14,823 | €10,971 | +€25,794 | |
| Amounts payable | 17/49 | €234,505 | €271,472 | +€36,967 | +15.8% |
| Amounts payable after more than one year | 17 | €22,359 | €48,559 | +€26,200 | +117.2% |
| Financial debts | 170/4 | €22,359 | €48,559 | +€26,200 | +117.2% |
| Amounts payable within one year | 42/48 | €212,146 | €222,913 | +€10,767 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | €12,138 | €13,326 | +€1,188 | +9.8% |
| Trade debts | 44 | €69,964 | €94,525 | +€24,561 | +35.1% |
| Suppliers | 440/4 | €69,964 | €94,525 | +€24,561 | +35.1% |
| Taxes, remuneration and social security | 45 | €26,079 | €21,689 | -€4,390 | -16.8% |
| Taxes | 450/3 | €12,185 | €2,166 | -€10,019 | -82.2% |
| Remuneration and social security | 454/9 | €13,894 | €19,523 | +€5,629 | +40.5% |
| Other amounts payable | 47/48 | €103,965 | €93,374 | -€10,591 | -10.2% |
| Remuneration, social security and pensions | 62 | €100,728 | €120,736 | +€20,007 | +19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,392 | €58,567 | +€10,175 | +21.0% |
| Other operating charges | 640/8 | €26,702 | €18,532 | -€8,170 | -30.6% |
| Non-recurring operating charges | 66A | €1,273 | €254 | -€1,020 | -80.1% |
| Gross operating margin | 9900 | €213,111 | €225,955 | +€12,843 | +6.0% |
| Operating profit (loss) | 9901 | €36,016 | €27,866 | -€8,150 | -22.6% |
| Financial income | 75/76B | - | €1,933 | +€1,933 | |
| Recurring financial income | 75 | - | €1,933 | +€1,933 | |
| Financial charges | 65/66B | €1,769 | €3,676 | +€1,906 | +107.7% |
| Recurring financial charges | 65 | €1,769 | €3,676 | +€1,906 | +107.7% |
| Profit (loss) for the period before taxes | 9903 | €34,247 | €26,123 | -€8,123 | -23.7% |
| Income taxes | 67/77 | - | €329 | +€329 | |
| Profit (loss) for the period | 9904 | €34,247 | €25,794 | -€8,452 | -24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €34,247 | €25,794 | -€8,452 | -24.7% |
Source: filed annual accounts (NBB), financial 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.