LABBE JP: 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 JP
Largest movements
- Receivables within one year -€135,722
down €135,722 (-56.7%), from €239,545 to €103,824
of which Trade receivables: -€130,843
- Cash +€83,938
up €83,938 (+2790.6%), from €3,008 to €86,946
- Profit (loss) carried forward -€26,026
down €26,026 (-20.0%), from €130,332 to €104,306
- Tax, wage and social debts -€18,730
down €18,730 (-79.1%), from €23,689 to €4,959
of which Taxes: -€12,404
- Short-term financial debts -€10,000
no longer reported in 2024 (was €10,000)
- Trade debts -€5,394
down €5,394 (-78.9%), from €6,839 to €1,444
- Advances received +€3,018
up €3,018 (+36.6%), from €8,255 to €11,273
- Gross operating margin -€103,853
down €103,853 (-94.3%), from €110,083 to €6,230
- Staff costs -€87,287
no longer reported in 2024 (was €87,287)
- Taxes -€8,534
no longer reported in 2024 (was €8,534)
- Financial charges -€3,025
down €3,025 (-92.3%), from €3,277 to €252
From the 2021 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €245,053 | €190,770 | -€54,283 | -22.2% |
| Fixed assets | 21/28 | €1,530 | - | -€1,530 | |
| Tangible fixed assets | 22/27 | €130 | - | -€130 | |
| Plant, machinery and equipment | 23 | €130 | - | -€130 | |
| Financial fixed assets | 28 | €1,400 | - | -€1,400 | |
| Current assets | 29/58 | €243,523 | €190,770 | -€52,753 | -21.7% |
| Amounts receivable within one year | 40/41 | €239,545 | €103,824 | -€135,722 | -56.7% |
| Trade receivables | 40 | €234,667 | €103,824 | -€130,843 | -55.8% |
| Other amounts receivable | 41 | €4,878 | - | -€4,878 | |
| Cash at bank and in hand | 54/58 | €3,008 | €86,946 | +€83,938 | +2790.6% |
| Deferred charges and accrued income | 490/1 | €970 | - | -€970 | |
| Total equity and liabilities | 10/49 | €245,053 | €190,770 | -€54,283 | -22.2% |
| Equity | 10/15 | €168,600 | €142,573 | -€26,026 | -15.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €32,067 | €32,067 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Other | 1319 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €30,207 | €30,207 | = | 0.0% |
| Profit (loss) carried forward | 14 | €130,332 | €104,306 | -€26,026 | -20.0% |
| Amounts payable | 17/49 | €76,453 | €48,196 | -€28,257 | -37.0% |
| Amounts payable within one year | 42/48 | €76,453 | €48,196 | -€28,257 | -37.0% |
| Financial debts | 43 | €10,000 | - | -€10,000 | |
| Credit institutions | 430/8 | €10,000 | - | -€10,000 | |
| Trade debts | 44 | €6,839 | €1,444 | -€5,394 | -78.9% |
| Suppliers | 440/4 | €6,839 | €1,444 | -€5,394 | -78.9% |
| Advances received on contracts in progress | 46 | €8,255 | €11,273 | +€3,018 | +36.6% |
| Taxes, remuneration and social security | 45 | €23,689 | €4,959 | -€18,730 | -79.1% |
| Taxes | 450/3 | €17,363 | €4,959 | -€12,404 | -71.4% |
| Remuneration and social security | 454/9 | €6,326 | - | -€6,326 | |
| Other amounts payable | 47/48 | €27,671 | €30,521 | +€2,850 | +10.3% |
| Remuneration, social security and pensions | 62 | €87,287 | - | -€87,287 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130 | - | -€130 | |
| Other operating charges | 640/8 | €854 | €673 | -€181 | -21.2% |
| Gross operating margin | 9900 | €110,083 | €6,230 | -€103,853 | -94.3% |
| Operating profit (loss) | 9901 | €21,812 | €5,557 | -€16,255 | -74.5% |
| Financial income | 75/76B | €121 | - | -€121 | |
| Recurring financial income | 75 | €121 | - | -€121 | |
| Financial charges | 65/66B | €3,277 | €252 | -€3,025 | -92.3% |
| Recurring financial charges | 65 | €3,277 | €252 | -€3,025 | -92.3% |
| Profit (loss) for the period before taxes | 9903 | €18,657 | €5,305 | -€13,351 | -71.6% |
| Income taxes | 67/77 | €8,534 | - | -€8,534 | |
| Profit (loss) for the period | 9904 | €10,123 | €5,305 | -€4,818 | -47.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,123 | €5,305 | -€4,818 | -47.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.