LABELLE: 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.
LABELLE
Largest movements
- Tangible fixed assets -€5,635
down €5,635 (-4.5%), from €124,817 to €119,181
of which Land and buildings: -€4,670
- Cash -€1,939
down €1,939 (-14.6%), from €13,289 to €11,350
mainly Other debts (-€7,518) and Debts after one year (-€3,484)
- Other debts -€7,518
down €7,518 (-31.2%), from €24,086 to €16,568
- Profit (loss) carried forward +€3,755
up €3,755 (+19.9%), from €18,824 to €22,579
- Debts after one year -€3,484
down €3,484 (-10.1%), from €34,565 to €31,081
- Other operating charges -€1,802
down €1,802 (-47.6%), from €3,787 to €1,984
- Depreciation +€1,602
up €1,602 (+35.2%), from €4,549 to €6,151
- Financial charges +€692
up €692 (+56.8%), from €1,218 to €1,910
- Taxes -€468
down €468 (-13.9%), from €3,372 to €2,904
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €156,455 | €148,304 | -€8,151 | -5.2% |
| Fixed assets | 21/28 | €124,933 | €119,297 | -€5,635 | -4.5% |
| Tangible fixed assets | 22/27 | €124,817 | €119,181 | -€5,635 | -4.5% |
| Land and buildings | 22 | €123,472 | €118,802 | -€4,670 | -3.8% |
| Plant, machinery and equipment | 23 | - | €379 | +€379 | |
| Furniture and vehicles | 24 | €1,345 | €0 | -€1,345 | -100.0% |
| Financial fixed assets | 28 | €116 | €116 | = | 0.0% |
| Current assets | 29/58 | €31,522 | €29,007 | -€2,515 | -8.0% |
| Stocks and contracts in progress | 3 | €1,235 | €882 | -€353 | -28.6% |
| Stocks | 30/36 | €1,235 | €882 | -€353 | -28.6% |
| Amounts receivable within one year | 40/41 | €16,998 | €16,775 | -€224 | -1.3% |
| Trade receivables | 40 | €573 | €350 | -€224 | -39.0% |
| Other amounts receivable | 41 | €16,425 | €16,425 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €13,289 | €11,350 | -€1,939 | -14.6% |
| Total equity and liabilities | 10/49 | €156,455 | €148,304 | -€8,151 | -5.2% |
| Equity | 10/15 | €83,987 | €87,742 | +€3,755 | +4.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €45,163 | €45,163 | = | 0.0% |
| Distributable reserves | 133 | €45,163 | €45,163 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,824 | €22,579 | +€3,755 | +19.9% |
| Amounts payable | 17/49 | €72,468 | €60,562 | -€11,906 | -16.4% |
| Amounts payable after more than one year | 17 | €34,565 | €31,081 | -€3,484 | -10.1% |
| Financial debts | 170/4 | €34,565 | €31,081 | -€3,484 | -10.1% |
| Amounts payable within one year | 42/48 | €37,903 | €29,482 | -€8,422 | -22.2% |
| Current portion of amounts payable after more than one year | 42 | €3,302 | €3,475 | +€173 | +5.2% |
| Trade debts | 44 | €1,400 | €1,324 | -€77 | -5.5% |
| Suppliers | 440/4 | €1,400 | €1,324 | -€77 | -5.5% |
| Taxes, remuneration and social security | 45 | €9,115 | €8,115 | -€1,000 | -11.0% |
| Taxes | 450/3 | €9,115 | €8,115 | -€1,000 | -11.0% |
| Other amounts payable | 47/48 | €24,086 | €16,568 | -€7,518 | -31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,549 | €6,151 | +€1,602 | +35.2% |
| Other operating charges | 640/8 | €3,787 | €1,984 | -€1,802 | -47.6% |
| Non-recurring operating charges | 66A | - | €1,380 | +€1,380 | |
| Gross operating margin | 9900 | €18,018 | €18,084 | +€66 | +0.4% |
| Operating profit (loss) | 9901 | €9,682 | €8,569 | -€1,113 | -11.5% |
| Financial charges | 65/66B | €1,218 | €1,910 | +€692 | +56.8% |
| Recurring financial charges | 65 | €1,218 | €1,910 | +€692 | +56.8% |
| Profit (loss) for the period before taxes | 9903 | €8,464 | €6,659 | -€1,805 | -21.3% |
| Income taxes | 67/77 | €3,372 | €2,904 | -€468 | -13.9% |
| Profit (loss) for the period | 9904 | €5,092 | €3,755 | -€1,337 | -26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,092 | €3,755 | -€1,337 | -26.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.