LabelGemme: 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.
LabelGemme
Largest movements
- Stocks and contracts +€23,141
up €23,141 (+27.9%), from €83,072 to €106,213
- Receivables within one year +€12,601
up €12,601 (+20711.0%), from €61 to €12,661
of which Other amounts receivable: +€11,542
- Cash -€11,854
down €11,854 (-74.4%), from €15,938 to €4,084
mainly Stocks and contracts (-€23,141) and Debts after one year (-€19,055)
- Tangible fixed assets -€3,782
down €3,782 (-24.3%), from €15,553 to €11,772
of which Furniture and vehicles: -€3,156
- Profit (loss) carried forward +€46,830
up €46,830 (+509.8%), from €9,185 to €56,016
- Debts after one year -€19,055
down €19,055 (-23.7%), from €80,406 to €61,352
- Other debts -€8,013
down €8,013 (-100.0%), from €8,013 to €0
- Current portion of long-term debt +€5,318
up €5,318 (+29.3%), from €18,124 to €23,442
- Tax, wage and social debts -€4,902
down €4,902 (-44.8%), from €10,938 to €6,037
- Gross operating margin +€59,204
up €59,204 (+353.7%), from €16,739 to €75,944
- Taxes +€13,918
up €13,918 (+408.2%), from €3,410 to €17,328
- Financial charges +€3,705
up €3,705 (+196.3%), from €1,887 to €5,592
- Depreciation +€3,521
up €3,521 (+200.0%), from €1,761 to €5,282
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 | €135,474 | €154,703 | +€19,229 | +14.2% |
| Fixed assets | 21/28 | €30,053 | €24,772 | -€5,282 | -17.6% |
| Intangible fixed assets | 21 | €14,500 | €13,000 | -€1,500 | -10.3% |
| Tangible fixed assets | 22/27 | €15,553 | €11,772 | -€3,782 | -24.3% |
| Furniture and vehicles | 24 | €12,634 | €9,478 | -€3,156 | -25.0% |
| Other tangible fixed assets | 26 | €2,920 | €2,294 | -€626 | -21.4% |
| Current assets | 29/58 | €105,421 | €129,931 | +€24,510 | +23.2% |
| Stocks and contracts in progress | 3 | €83,072 | €106,213 | +€23,141 | +27.9% |
| Stocks | 30/36 | €83,072 | €106,213 | +€23,141 | +27.9% |
| Amounts receivable within one year | 40/41 | €61 | €12,661 | +€12,601 | +20711.0% |
| Trade receivables | 40 | €61 | €1,119 | +€1,059 | +1739.9% |
| Other amounts receivable | 41 | - | €11,542 | +€11,542 | |
| Cash at bank and in hand | 54/58 | €15,938 | €4,084 | -€11,854 | -74.4% |
| Deferred charges and accrued income | 490/1 | €6,350 | €6,973 | +€623 | +9.8% |
| Total equity and liabilities | 10/49 | €135,474 | €154,703 | +€19,229 | +14.2% |
| Equity | 10/15 | €15,185 | €62,016 | +€46,830 | +308.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,185 | €56,016 | +€46,830 | +509.8% |
| Amounts payable | 17/49 | €120,289 | €92,687 | -€27,602 | -22.9% |
| Amounts payable after more than one year | 17 | €80,406 | €61,352 | -€19,055 | -23.7% |
| Financial debts | 170/4 | €80,406 | €61,352 | -€19,055 | -23.7% |
| Amounts payable within one year | 42/48 | €39,883 | €31,336 | -€8,547 | -21.4% |
| Current portion of amounts payable after more than one year | 42 | €18,124 | €23,442 | +€5,318 | +29.3% |
| Trade debts | 44 | €2,808 | €1,857 | -€951 | -33.9% |
| Suppliers | 440/4 | €2,808 | €1,857 | -€951 | -33.9% |
| Taxes, remuneration and social security | 45 | €10,938 | €6,037 | -€4,902 | -44.8% |
| Taxes | 450/3 | €10,938 | €6,037 | -€4,902 | -44.8% |
| Other amounts payable | 47/48 | €8,013 | €0 | -€8,013 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,761 | €5,282 | +€3,521 | +200.0% |
| Other operating charges | 640/8 | €498 | €1,176 | +€679 | +136.4% |
| Gross operating margin | 9900 | €16,739 | €75,944 | +€59,204 | +353.7% |
| Operating profit (loss) | 9901 | €14,481 | €69,486 | +€55,005 | +379.8% |
| Financial income | 75/76B | €1 | €265 | +€264 | +31389.3% |
| Recurring financial income | 75 | €1 | €265 | +€264 | +31389.3% |
| Financial charges | 65/66B | €1,887 | €5,592 | +€3,705 | +196.3% |
| Recurring financial charges | 65 | €1,887 | €5,592 | +€3,705 | +196.3% |
| Profit (loss) for the period before taxes | 9903 | €12,595 | €64,158 | +€51,563 | +409.4% |
| Income taxes | 67/77 | €3,410 | €17,328 | +€13,918 | +408.2% |
| Profit (loss) for the period | 9904 | €9,185 | €46,830 | +€37,645 | +409.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,185 | €46,830 | +€37,645 | +409.8% |
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 10 October 2026 via checked.be.