LABELIMMO: 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.
LABELIMMO
Largest movements
- Tangible fixed assets -€11,920
down €11,920 (-2.1%), from €571,283 to €559,363
of which Land and buildings: -€19,749
- Debts after one year -€30,773
down €30,773 (-15.2%), from €202,459 to €171,685
- Other debts +€19,338
up €19,338 (+7.6%), from €255,728 to €275,066
- Gross operating margin +€10,258
up €10,258 (+39.9%), from €25,724 to €35,982
- Other operating charges -€3,061
down €3,061 (-73.1%), from €4,186 to €1,125
- Depreciation +€1,340
up €1,340 (+4.7%), from €28,729 to €30,070
- Financial charges +€816
up €816 (+13.8%), from €5,902 to €6,718
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 | €577,623 | €564,525 | -€13,099 | -2.3% |
| Fixed assets | 21/28 | €571,283 | €559,363 | -€11,920 | -2.1% |
| Tangible fixed assets | 22/27 | €571,283 | €559,363 | -€11,920 | -2.1% |
| Land and buildings | 22 | €554,207 | €534,459 | -€19,749 | -3.6% |
| Plant, machinery and equipment | 23 | €11,565 | €8,120 | -€3,445 | -29.8% |
| Furniture and vehicles | 24 | €5,056 | €16,611 | +€11,555 | +228.5% |
| Other tangible fixed assets | 26 | €454 | €173 | -€281 | -61.9% |
| Current assets | 29/58 | €6,340 | €5,161 | -€1,179 | -18.6% |
| Amounts receivable within one year | 40/41 | - | €526 | +€526 | |
| Trade receivables | 40 | - | €526 | +€526 | |
| Cash at bank and in hand | 54/58 | €4,531 | €3,329 | -€1,202 | -26.5% |
| Deferred charges and accrued income | 490/1 | €1,809 | €1,306 | -€503 | -27.8% |
| Total equity and liabilities | 10/49 | €577,623 | €564,525 | -€13,099 | -2.3% |
| Equity | 10/15 | €51,109 | €50,706 | -€404 | -0.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €79,824 | €76,859 | -€2,965 | -3.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €73,624 | €70,659 | -€2,965 | -4.0% |
| Profit (loss) carried forward | 14 | -€90,715 | -€88,153 | +€2,562 | +2.8% |
| Provisions and deferred taxes | 16 | €37,911 | €36,384 | -€1,527 | -4.0% |
| Deferred taxes | 168 | €37,911 | €36,384 | -€1,527 | -4.0% |
| Amounts payable | 17/49 | €488,603 | €477,435 | -€11,168 | -2.3% |
| Amounts payable after more than one year | 17 | €202,459 | €171,685 | -€30,773 | -15.2% |
| Financial debts | 170/4 | €202,459 | €171,685 | -€30,773 | -15.2% |
| Amounts payable within one year | 42/48 | €286,144 | €305,750 | +€19,605 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €29,869 | €30,683 | +€814 | +2.7% |
| Trade debts | 44 | €547 | - | -€547 | |
| Suppliers | 440/4 | €547 | - | -€547 | |
| Other amounts payable | 47/48 | €255,728 | €275,066 | +€19,338 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,729 | €30,070 | +€1,340 | +4.7% |
| Other operating charges | 640/8 | €4,186 | €1,125 | -€3,061 | -73.1% |
| Gross operating margin | 9900 | €25,724 | €35,982 | +€10,258 | +39.9% |
| Operating profit (loss) | 9901 | -€7,191 | €4,788 | +€11,979 | |
| Financial charges | 65/66B | €5,902 | €6,718 | +€816 | +13.8% |
| Recurring financial charges | 65 | €5,902 | €6,718 | +€816 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | -€13,093 | -€1,931 | +€11,163 | +85.3% |
| Transfer from deferred taxes | 780 | €1,527 | €1,527 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€11,566 | -€404 | +€11,163 | +96.5% |
| Transfer from tax-exempt reserves | 789 | €2,965 | €2,965 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,601 | €2,562 | +€11,163 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.