LABELCO: 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.
LABELCO
Largest movements
- Deferred charges and accrued income -€2,375
no longer reported in 2025 (was €2,375)
- Cash +€2,221
up €2,221 (+25.8%), from €8,592 to €10,813
mainly Other debts (+€10,538) and Depreciation (+€10,376)
- Debts after one year -€10,671
down €10,671 (-55.3%), from €19,309 to €8,638
- Other debts +€10,538
up €10,538 (+15.7%), from €67,055 to €77,593
- Profit (loss) carried forward +€6,964
up €6,964 (+36.3%), from €19,173 to €26,137
- Accrued charges and deferred income -€3,782
down €3,782 (-68.4%), from €5,532 to €1,750
- Gross operating margin +€8,731
up €8,731 (+53.3%), from €16,368 to €25,099
- Financial charges -€5,864
down €5,864 (-80.9%), from €7,246 to €1,382
- Depreciation +€268
up €268 (+2.7%), from €10,108 to €10,376
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 | €192,447 | €192,990 | +€544 | +0.3% |
| Fixed assets | 21/28 | €180,041 | €181,458 | +€1,417 | +0.8% |
| Tangible fixed assets | 22/27 | €180,041 | €181,458 | +€1,417 | +0.8% |
| Land and buildings | 22 | €178,071 | €179,719 | +€1,648 | +0.9% |
| Plant, machinery and equipment | 23 | €1,364 | €1,227 | -€137 | -10.0% |
| Furniture and vehicles | 24 | €607 | €512 | -€95 | -15.6% |
| Current assets | 29/58 | €12,405 | €11,532 | -€873 | -7.0% |
| Amounts receivable within one year | 40/41 | €1,438 | €719 | -€719 | -50.0% |
| Other amounts receivable | 41 | €1,438 | €719 | -€719 | -50.0% |
| Cash at bank and in hand | 54/58 | €8,592 | €10,813 | +€2,221 | +25.8% |
| Deferred charges and accrued income | 490/1 | €2,375 | - | -€2,375 | |
| Total equity and liabilities | 10/49 | €192,447 | €192,990 | +€544 | +0.3% |
| Equity | 10/15 | €87,373 | €94,337 | +€6,964 | +8.0% |
| 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 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,173 | €26,137 | +€6,964 | +36.3% |
| Amounts payable | 17/49 | €105,073 | €98,653 | -€6,421 | -6.1% |
| Amounts payable after more than one year | 17 | €19,309 | €8,638 | -€10,671 | -55.3% |
| Financial debts | 170/4 | €19,309 | €8,638 | -€10,671 | -55.3% |
| Amounts payable within one year | 42/48 | €80,232 | €88,265 | +€8,033 | +10.0% |
| Current portion of amounts payable after more than one year | 42 | €11,393 | €10,671 | -€722 | -6.3% |
| Trade debts | 44 | €1,784 | - | -€1,784 | |
| Suppliers | 440/4 | €1,784 | - | -€1,784 | |
| Other amounts payable | 47/48 | €67,055 | €77,593 | +€10,538 | +15.7% |
| Accrued charges and deferred income | 492/3 | €5,532 | €1,750 | -€3,782 | -68.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,108 | €10,376 | +€268 | +2.7% |
| Other operating charges | 640/8 | €6,253 | €6,379 | +€126 | +2.0% |
| Gross operating margin | 9900 | €16,368 | €25,099 | +€8,731 | +53.3% |
| Operating profit (loss) | 9901 | €7 | €8,344 | +€8,337 | +117091.6% |
| Financial income | 75/76B | €2 | €3 | +€1 | +55.7% |
| Recurring financial income | 75 | €2 | €3 | +€1 | +55.7% |
| Financial charges | 65/66B | €7,246 | €1,382 | -€5,864 | -80.9% |
| Recurring financial charges | 65 | €7,246 | €1,382 | -€5,864 | -80.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,237 | €6,965 | +€14,202 | |
| Income taxes | 67/77 | €1 | €1 | +€0 | +56.1% |
| Profit (loss) for the period | 9904 | -€7,238 | €6,964 | +€14,202 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,238 | €6,964 | +€14,202 |
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 12 October 2026 via checked.be.