LABELLA: 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.
LABELLA
Largest movements
- Financial fixed assets +€2.2m
up €2.2m (+381,332%), from €573 to €2.2m
- Cash +€125,558
up €125,558 (+243,376%), from €52 to €125,609
mainly Other debts (+€2.3m) and Net result for the year (+€31,759)
- Other debts +€2.3m
up €2.3m (+1,083%), from €210,346 to €2.5m
- Profit (loss) carried forward +€31,759
up €31,759 (+6.7%), from -€473,302 to -€441,543
- Financial income +€44,979
new in 2025: €44,979
- Gross operating margin -€8,451
down €8,451 (-613%), from -€1,379 to -€9,830
- Other operating charges -€385
down €385 (-42.2%), from €913 to €528
- Depreciation -€121
down €121 (-100.0%), from €121 to €0
- Financial charges +€117
up €117 (+4.3%), from €2,745 to €2,862
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 | €20,624 | €2,341,903 | +€2.3m | +11,255% |
| Fixed assets | 21/28 | €573 | €2,184,573 | +€2.2m | +381,325% |
| Tangible fixed assets | 22/27 | €0 | €0 | -€0 | -100% |
| Plant, machinery and equipment | 23 | €0 | €0 | -€0 | -100% |
| Financial fixed assets | 28 | €573 | €2,184,573 | +€2.2m | +381,332% |
| Current assets | 29/58 | €20,052 | €157,330 | +€137,279 | +685% |
| Amounts receivable within one year | 40/41 | €20,000 | €20,000 | = | 0.0% |
| Other amounts receivable | 41 | €20,000 | €20,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €52 | €125,609 | +€125,558 | +243,376% |
| Deferred charges and accrued income | 490/1 | - | €11,721 | +€11,721 | |
| Total equity and liabilities | 10/49 | €20,624 | €2,341,903 | +€2.3m | +11,255% |
| Equity | 10/15 | -€223,959 | -€192,200 | +€31,759 | +14.2% |
| Contributions | 10/11 | €247,894 | €247,894 | = | 0.0% |
| Capital | 10 | €247,894 | €247,894 | = | 0.0% |
| Issued capital | 100 | €247,894 | €247,894 | = | 0.0% |
| Reserves | 13 | €1,449 | €1,449 | = | 0.0% |
| Non-distributable reserves | 130/1 | €72 | €72 | = | 0.0% |
| Legal reserve | 130 | €72 | €72 | = | 0.0% |
| Distributable reserves | 133 | €1,377 | €1,377 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€473,302 | -€441,543 | +€31,759 | +6.7% |
| Amounts payable | 17/49 | €244,584 | €2,534,103 | +€2.3m | +936% |
| Amounts payable within one year | 42/48 | €214,587 | €2,496,190 | +€2.3m | +1,063% |
| Trade debts | 44 | €4,240 | €7,843 | +€3,603 | +85.0% |
| Suppliers | 440/4 | €4,240 | €7,843 | +€3,603 | +85.0% |
| Other amounts payable | 47/48 | €210,346 | €2,488,346 | +€2.3m | +1,083% |
| Accrued charges and deferred income | 492/3 | €29,997 | €37,913 | +€7,916 | +26.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €121 | €0 | -€121 | -100.0% |
| Other operating charges | 640/8 | €913 | €528 | -€385 | -42.2% |
| Gross operating margin | 9900 | -€1,379 | -€9,830 | -€8,451 | -613% |
| Operating profit (loss) | 9901 | -€2,413 | -€10,358 | -€7,945 | -329% |
| Financial income | 75/76B | - | €44,979 | +€44,979 | |
| Recurring financial income | 75 | - | €44,979 | +€44,979 | |
| Financial charges | 65/66B | €2,745 | €2,862 | +€117 | +4.3% |
| Recurring financial charges | 65 | €2,745 | €2,862 | +€117 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,158 | €31,759 | +€36,917 | |
| Profit (loss) for the period | 9904 | -€5,158 | €31,759 | +€36,917 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,158 | €31,759 | +€36,917 |
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 29 October 2026 via checked.be.