LABBE FINANCE: 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 FINANCE
Largest movements
- Current investments +€72,225
up €72,225 (+26.3%), from €274,207 to €346,432
- Cash -€50,067
down €50,067 (-46.4%), from €107,802 to €57,735
mainly Current investments (-€72,225) and Trade debts (-€150)
- Tangible fixed assets -€9,934
down €9,934 (-22.1%), from €45,019 to €35,085
- Reserves +€5,000
up €5,000 (+1.5%), from €335,925 to €340,925
of which Distributable reserves: +€5,000
- Other debts +€4,416
up €4,416 (+25.0%), from €17,676 to €22,092
- Purchases and services +€4,848
new in 2025: €4,848
- Financial income -€2,651
down €2,651 (-29.7%), from €8,932 to €6,281
- Taxes +€2,528
up €2,528 (+78.2%), from €3,231 to €5,759
- Depreciation -€1,933
down €1,933 (-16.3%), from €11,868 to €9,935
- Other operating charges -€1,364
down €1,364 (-39.8%), from €3,424 to €2,060
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 | €427,028 | €439,251 | +€12,223 | +2.9% |
| Fixed assets | 21/28 | €45,019 | €35,085 | -€9,934 | -22.1% |
| Tangible fixed assets | 22/27 | €45,019 | €35,085 | -€9,934 | -22.1% |
| Land and buildings | 22 | €45,019 | €35,085 | -€9,934 | -22.1% |
| Current assets | 29/58 | €382,009 | €404,167 | +€22,158 | +5.8% |
| Current investments | 50/53 | €274,207 | €346,432 | +€72,225 | +26.3% |
| Cash at bank and in hand | 54/58 | €107,802 | €57,735 | -€50,067 | -46.4% |
| Total equity and liabilities | 10/49 | €427,028 | €439,251 | +€12,223 | +2.9% |
| Equity | 10/15 | €375,348 | €382,652 | +€7,304 | +1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €335,925 | €340,925 | +€5,000 | +1.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €334,065 | €339,065 | +€5,000 | +1.5% |
| Profit (loss) carried forward | 14 | €20,823 | €23,127 | +€2,304 | +11.1% |
| Amounts payable | 17/49 | €51,680 | €56,599 | +€4,919 | +9.5% |
| Amounts payable after more than one year | 17 | €32,704 | €32,705 | +€1 | 0.0% |
| Financial debts | 170/4 | €32,704 | €32,705 | +€1 | 0.0% |
| Amounts payable within one year | 42/48 | €18,976 | €23,895 | +€4,919 | +25.9% |
| Trade debts | 44 | €150 | - | -€150 | |
| Suppliers | 440/4 | €150 | - | -€150 | |
| Taxes, remuneration and social security | 45 | €1,150 | €1,802 | +€652 | +56.7% |
| Taxes | 450/3 | €1,150 | €1,802 | +€652 | +56.7% |
| Other amounts payable | 47/48 | €17,676 | €22,092 | +€4,416 | +25.0% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €4,848 | +€4,848 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,868 | €9,935 | -€1,933 | -16.3% |
| Other operating charges | 640/8 | €3,424 | €2,060 | -€1,364 | -39.8% |
| Gross operating margin | 9900 | €19,077 | €20,335 | +€1,258 | +6.6% |
| Operating profit (loss) | 9901 | €3,785 | €8,340 | +€4,555 | +120% |
| Financial income | 75/76B | €8,932 | €6,281 | -€2,651 | -29.7% |
| Recurring financial income | 75 | €8,932 | €6,281 | -€2,651 | -29.7% |
| Financial charges | 65/66B | €2,072 | €1,559 | -€513 | -24.8% |
| Recurring financial charges | 65 | €2,072 | €1,559 | -€513 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €10,645 | €13,062 | +€2,417 | +22.7% |
| Income taxes | 67/77 | €3,231 | €5,759 | +€2,528 | +78.2% |
| Profit (loss) for the period | 9904 | €7,414 | €7,304 | -€110 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,414 | €7,304 | -€110 | -1.5% |
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 28 October 2026 via checked.be.