LABBE ASSURANCES: 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.
LABBE ASSURANCES
Largest movements
- Intangible fixed assets +€5.6m
new in 2025: €5.6m
- Financial fixed assets +€754,681
new in 2025: €754,681
- Cash +€590,260
up €590,260 (+1,970%), from €29,962 to €620,222
mainly Other debts (+€4.0m) and Debts after one year (+€2.2m)
- Receivables within one year +€230,351
up €230,351 (+788%), from €29,234 to €259,585
of which Trade receivables: +€219,615
- Other debts +€4.0m
up €4.0m (+66,030%), from €6,003 to €4.0m
- Debts after one year +€2.2m
new in 2025: €2.2m
- Current portion of long-term debt +€648,234
new in 2025: €648,234
- Reserves +€232,066
new in 2025: €232,066
- Tax, wage and social debts +€159,658
up €159,658 (+20,323%), from €786 to €160,444
of which Taxes: +€91,876
- Gross operating margin +€1.7m
up €1.7m (+21,299%), from €8,192 to €1.8m
- Staff costs +€753,133
up €753,133 (+36,550%), from €2,061 to €755,193
- Depreciation +€577,637
up €577,637 (+15,757%), from €3,666 to €581,303
- Taxes +€94,860
up €94,860 (+12,074%), from €786 to €95,645
- Financial charges +€51,975
up €51,975 (+2,531%), from €2,054 to €54,029
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.
Derived cash bridge
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 | €67,860 | €7,287,500 | +€7.2m | +10,639% |
| Formation expenses | 20 | €1,480 | €1,110 | -€370 | -25.0% |
| Fixed assets | 21/28 | €7,184 | €6,406,583 | +€6.4m | +89,078% |
| Intangible fixed assets | 21 | - | €5,607,391 | +€5.6m | |
| Tangible fixed assets | 22/27 | €7,184 | €44,511 | +€37,327 | +520% |
| Plant, machinery and equipment | 23 | - | €11,941 | +€11,941 | |
| Furniture and vehicles | 24 | €7,184 | €32,570 | +€25,386 | +353% |
| Financial fixed assets | 28 | - | €754,681 | +€754,681 | |
| Current assets | 29/58 | €59,196 | €879,808 | +€820,612 | +1,386% |
| Amounts receivable within one year | 40/41 | €29,234 | €259,585 | +€230,351 | +788% |
| Trade receivables | 40 | €15,427 | €235,043 | +€219,615 | +1,424% |
| Other amounts receivable | 41 | €13,807 | €24,543 | +€10,736 | +77.8% |
| Cash at bank and in hand | 54/58 | €29,962 | €620,222 | +€590,260 | +1,970% |
| Total equity and liabilities | 10/49 | €67,860 | €7,287,500 | +€7.2m | +10,639% |
| Equity | 10/15 | €60,986 | €294,066 | +€233,079 | +382% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | - | €232,066 | +€232,066 | |
| Distributable reserves | 133 | - | €232,066 | +€232,066 | |
| Profit (loss) carried forward | 14 | -€1,014 | - | +€1,014 | |
| Amounts payable | 17/49 | €6,874 | €6,993,435 | +€7.0m | +101,640% |
| Amounts payable after more than one year | 17 | - | €2,170,363 | +€2.2m | |
| Financial debts | 170/4 | - | €2,170,363 | +€2.2m | |
| Amounts payable within one year | 42/48 | €6,789 | €4,823,071 | +€4.8m | +70,944% |
| Current portion of amounts payable after more than one year | 42 | - | €648,234 | +€648,234 | |
| Trade debts | 44 | - | €44,455 | +€44,455 | |
| Suppliers | 440/4 | - | €44,455 | +€44,455 | |
| Taxes, remuneration and social security | 45 | €786 | €160,444 | +€159,658 | +20,323% |
| Taxes | 450/3 | €786 | €92,662 | +€91,876 | +11,695% |
| Remuneration and social security | 454/9 | - | €67,782 | +€67,782 | |
| Other amounts payable | 47/48 | €6,003 | €3,969,937 | +€4.0m | +66,030% |
| Accrued charges and deferred income | 492/3 | €85 | - | -€85 | |
| Remuneration, social security and pensions | 62 | €2,061 | €755,193 | +€753,133 | +36,550% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,666 | €581,303 | +€577,637 | +15,757% |
| Other operating charges | 640/8 | €640 | €37,644 | +€37,004 | +5,785% |
| Gross operating margin | 9900 | €8,192 | €1,752,905 | +€1.7m | +21,299% |
| Operating profit (loss) | 9901 | €1,825 | €378,764 | +€376,939 | +20,650% |
| Financial income | 75/76B | - | €3,989 | +€3,989 | |
| Recurring financial income | 75 | - | €3,989 | +€3,989 | |
| Financial charges | 65/66B | €2,054 | €54,029 | +€51,975 | +2,531% |
| Recurring financial charges | 65 | €2,054 | €54,029 | +€51,975 | +2,531% |
| Profit (loss) for the period before taxes | 9903 | -€228 | €328,725 | +€328,953 | |
| Income taxes | 67/77 | €786 | €95,645 | +€94,860 | +12,074% |
| Profit (loss) for the period | 9904 | -€1,014 | €233,079 | +€234,093 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,014 | €233,079 | +€234,093 |
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 17 October 2026 via checked.be.