LaBel & Co: 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.
LaBel & Co
Largest movements
- Receivables within one year +€10,884
up €10,884 (+9.3%), from €117,532 to €128,415
of which Trade receivables: +€20,019
- Tangible fixed assets +€5,588
up €5,588 (+12.5%), from €44,679 to €50,266
of which Other tangible fixed assets: +€48,503
- Tax, wage and social debts -€28,214
down €28,214 (-32.8%), from €85,919 to €57,705
of which Taxes: -€22,201
- Trade debts +€27,629
up €27,629 (+147,909%), from €19 to €27,648
- Profit (loss) carried forward +€15,987
up €15,987 (+13.3%), from €119,966 to €135,953
- Gross operating margin -€26,413
down €26,413 (-11.0%), from €239,825 to €213,412
- Staff costs -€12,790
down €12,790 (-6.6%), from €193,209 to €180,419
- Depreciation -€10,923
down €10,923 (-52.1%), from €20,950 to €10,027
- Financial income -€4,502
down €4,502 (-42.4%), from €10,623 to €6,122
- Taxes -€3,684
down €3,684 (-89.1%), from €4,133 to €449
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 | €224,504 | €239,907 | +€15,402 | +6.9% |
| Fixed assets | 21/28 | €44,679 | €50,266 | +€5,588 | +12.5% |
| Tangible fixed assets | 22/27 | €44,679 | €50,266 | +€5,588 | +12.5% |
| Furniture and vehicles | 24 | €44,679 | €1,763 | -€42,916 | -96.1% |
| Other tangible fixed assets | 26 | - | €48,503 | +€48,503 | |
| Current assets | 29/58 | €179,826 | €189,640 | +€9,815 | +5.5% |
| Amounts receivable within one year | 40/41 | €117,532 | €128,415 | +€10,884 | +9.3% |
| Trade receivables | 40 | €0 | €20,019 | +€20,019 | |
| Other amounts receivable | 41 | €117,532 | €108,396 | -€9,136 | -7.8% |
| Cash at bank and in hand | 54/58 | €60,532 | €61,225 | +€693 | +1.1% |
| Deferred charges and accrued income | 490/1 | €1,762 | - | -€1,762 | |
| Total equity and liabilities | 10/49 | €224,504 | €239,907 | +€15,402 | +6.9% |
| Equity | 10/15 | €138,566 | €154,553 | +€15,987 | +11.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €119,966 | €135,953 | +€15,987 | +13.3% |
| Amounts payable | 17/49 | €85,938 | €85,353 | -€585 | -0.7% |
| Amounts payable within one year | 42/48 | €85,938 | €85,353 | -€585 | -0.7% |
| Trade debts | 44 | €19 | €27,648 | +€27,629 | +147,909% |
| Suppliers | 440/4 | €19 | €27,648 | +€27,629 | +147,909% |
| Taxes, remuneration and social security | 45 | €85,919 | €57,705 | -€28,214 | -32.8% |
| Taxes | 450/3 | €58,244 | €36,043 | -€22,201 | -38.1% |
| Remuneration and social security | 454/9 | €27,675 | €21,662 | -€6,014 | -21.7% |
| Remuneration, social security and pensions | 62 | €193,209 | €180,419 | -€12,790 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,950 | €10,027 | -€10,923 | -52.1% |
| Other operating charges | 640/8 | €8,811 | €8,740 | -€71 | -0.8% |
| Non-recurring operating charges | 66A | €138,203 | - | -€138,203 | |
| Gross operating margin | 9900 | €239,825 | €213,412 | -€26,413 | -11.0% |
| Operating profit (loss) | 9901 | -€121,347 | €14,226 | +€135,573 | |
| Financial income | 75/76B | €10,623 | €6,122 | -€4,502 | -42.4% |
| Recurring financial income | 75 | €10,623 | €6,122 | -€4,502 | -42.4% |
| Financial charges | 65/66B | €3,771 | €3,911 | +€140 | +3.7% |
| Recurring financial charges | 65 | €3,771 | €3,911 | +€140 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | -€114,495 | €16,437 | +€130,931 | |
| Income taxes | 67/77 | €4,133 | €449 | -€3,684 | -89.1% |
| Profit (loss) for the period | 9904 | -€118,628 | €15,987 | +€134,615 | |
| Profit (loss) for the period to be appropriated | 9905 | -€118,628 | €15,987 | +€134,615 |
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 13 October 2026 via checked.be.