LABBE J-PH: 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.
LABBE J-PH
Largest movements
- Cash -€44,890
down €44,890 (-17.5%), from €256,453 to €211,563
mainly Contributions, distributions and other (-€95,000) and Debts after one year (-€34,328)
- Receivables within one year +€15,887
up €15,887 (+1610.5%), from €986 to €16,873
of which Other amounts receivable: +€16,873
- Tangible fixed assets -€13,574
down €13,574 (-4.3%), from €314,542 to €300,968
of which Land and buildings: -€15,869
- Profit (loss) carried forward -€183,207
no longer reported in 2025 (was €183,207)
- Other debts +€113,073
up €113,073 (+2234.5%), from €5,060 to €118,134
- Reserves +€68,154
up €68,154 (+37.2%), from €183,250 to €251,405
of which Distributable reserves: +€70,014
- Debts after one year -€34,328
down €34,328 (-21.0%), from €163,762 to €129,434
- Gross operating margin -€86,661
down €86,661 (-96.1%), from €90,160 to €3,499
- Taxes -€17,148
down €17,148 (-88.9%), from €19,293 to €2,145
- Depreciation +€5,593
up €5,593 (+43.6%), from €12,827 to €18,420
- Other operating charges +€1,382
up €1,382 (+286.9%), from €482 to €1,864
- Financial income -€1,185
down €1,185 (-34.0%), from €3,483 to €2,298
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 | €571,982 | €529,405 | -€42,577 | -7.4% |
| Fixed assets | 21/28 | €314,542 | €300,968 | -€13,574 | -4.3% |
| Tangible fixed assets | 22/27 | €314,542 | €300,968 | -€13,574 | -4.3% |
| Land and buildings | 22 | €310,910 | €295,041 | -€15,869 | -5.1% |
| Plant, machinery and equipment | 23 | €1,463 | €802 | -€662 | -45.2% |
| Furniture and vehicles | 24 | €2,169 | €1,105 | -€1,063 | -49.0% |
| Other tangible fixed assets | 26 | - | €4,020 | +€4,020 | |
| Current assets | 29/58 | €257,440 | €228,436 | -€29,004 | -11.3% |
| Amounts receivable within one year | 40/41 | €986 | €16,873 | +€15,887 | +1610.5% |
| Trade receivables | 40 | €986 | - | -€986 | |
| Other amounts receivable | 41 | - | €16,873 | +€16,873 | |
| Cash at bank and in hand | 54/58 | €256,453 | €211,563 | -€44,890 | -17.5% |
| Total equity and liabilities | 10/49 | €571,982 | €529,405 | -€42,577 | -7.4% |
| Equity | 10/15 | €385,049 | €270,005 | -€115,044 | -29.9% |
| Contributions | 10/11 | €18,592 | €18,600 | +€8 | 0.0% |
| Capital | 10 | €18,592 | - | -€18,592 | |
| Issued capital | 100 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €183,250 | €251,405 | +€68,154 | +37.2% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Legal reserve | 130 | €1,859 | - | -€1,859 | |
| Distributable reserves | 133 | €181,391 | €251,405 | +€70,014 | +38.6% |
| Profit (loss) carried forward | 14 | €183,207 | - | -€183,207 | |
| Amounts payable | 17/49 | €186,933 | €259,400 | +€72,467 | +38.8% |
| Amounts payable after more than one year | 17 | €163,762 | €129,434 | -€34,328 | -21.0% |
| Financial debts | 170/4 | €163,762 | €129,434 | -€34,328 | -21.0% |
| Amounts payable within one year | 42/48 | €23,171 | €129,966 | +€106,795 | +460.9% |
| Current portion of amounts payable after more than one year | 42 | €8,298 | €6,468 | -€1,830 | -22.1% |
| Trade debts | 44 | - | €90 | +€90 | |
| Suppliers | 440/4 | - | €90 | +€90 | |
| Advances received on contracts in progress | 46 | €184 | - | -€184 | |
| Taxes, remuneration and social security | 45 | €9,629 | €5,275 | -€4,354 | -45.2% |
| Taxes | 450/3 | €9,629 | €5,275 | -€4,354 | -45.2% |
| Other amounts payable | 47/48 | €5,060 | €118,134 | +€113,073 | +2234.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,827 | €18,420 | +€5,593 | +43.6% |
| Other operating charges | 640/8 | €482 | €1,864 | +€1,382 | +286.9% |
| Gross operating margin | 9900 | €90,160 | €3,499 | -€86,661 | -96.1% |
| Operating profit (loss) | 9901 | €76,851 | -€16,785 | -€93,636 | |
| Financial income | 75/76B | €3,483 | €2,298 | -€1,185 | -34.0% |
| Recurring financial income | 75 | €3,483 | €2,298 | -€1,185 | -34.0% |
| Financial charges | 65/66B | €3,765 | €3,412 | -€352 | -9.4% |
| Recurring financial charges | 65 | €3,765 | €3,412 | -€352 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €76,570 | -€17,900 | -€94,469 | |
| Income taxes | 67/77 | €19,293 | €2,145 | -€17,148 | -88.9% |
| Profit (loss) for the period | 9904 | €57,277 | -€20,044 | -€77,322 | |
| Profit (loss) for the period to be appropriated | 9905 | €57,277 | -€20,044 | -€77,322 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.