LABELS INC.: 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.
LABELS INC.
Largest movements
- Cash +€80,841
up €80,841 (+73.8%), from €109,467 to €190,308
mainly Net result for the year (+€59,837) and Receivables within one year (+€54,174)
- Receivables within one year -€54,174
down €54,174 (-70.2%), from €77,118 to €22,944
of which Other amounts receivable: -€54,174
- Tax, wage and social debts +€20,521
up €20,521 (+172%), from €11,943 to €32,464
of which Taxes: +€15,494
- Reserves +€4,047
up €4,047 (+2.2%), from €184,662 to €188,709
- Gross operating margin +€57,753
up €57,753 (+67.4%), from €85,642 to €143,395
- Staff costs +€21,589
up €21,589 (+101%), from €21,372 to €42,961
- Taxes +€14,190
up €14,190 (+71.3%), from €19,894 to €34,083
- Other operating charges -€2,226
down €2,226 (-31.4%), from €7,096 to €4,870
- Financial charges +€2,143
up €2,143 (+271%), from €790 to €2,933
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 | €197,644 | €222,910 | +€25,266 | +12.8% |
| Fixed assets | 21/28 | €11,059 | €9,658 | -€1,401 | -12.7% |
| Tangible fixed assets | 22/27 | €3,109 | €1,708 | -€1,401 | -45.1% |
| Plant, machinery and equipment | 23 | €3,109 | €1,708 | -€1,401 | -45.1% |
| Financial fixed assets | 28 | €7,950 | €7,950 | = | 0.0% |
| Current assets | 29/58 | €186,585 | €213,252 | +€26,667 | +14.3% |
| Amounts receivable within one year | 40/41 | €77,118 | €22,944 | -€54,174 | -70.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €77,118 | €22,944 | -€54,174 | -70.2% |
| Cash at bank and in hand | 54/58 | €109,467 | €190,308 | +€80,841 | +73.8% |
| Total equity and liabilities | 10/49 | €197,644 | €222,910 | +€25,266 | +12.8% |
| Equity | 10/15 | €184,662 | €188,709 | +€4,047 | +2.2% |
| Reserves | 13 | €184,662 | €188,709 | +€4,047 | +2.2% |
| Distributable reserves | 133 | €184,662 | €188,709 | +€4,047 | +2.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €12,982 | €34,201 | +€21,218 | +163% |
| Amounts payable within one year | 42/48 | €12,982 | €34,201 | +€21,218 | +163% |
| Trade debts | 44 | €1,040 | €1,736 | +€697 | +67.0% |
| Suppliers | 440/4 | €1,040 | €1,736 | +€697 | +67.0% |
| Taxes, remuneration and social security | 45 | €11,943 | €32,464 | +€20,521 | +172% |
| Taxes | 450/3 | €10,396 | €25,890 | +€15,494 | +149% |
| Remuneration and social security | 454/9 | €1,547 | €6,574 | +€5,028 | +325% |
| Remuneration, social security and pensions | 62 | €21,372 | €42,961 | +€21,589 | +101% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €712 | €1,401 | +€689 | +96.7% |
| Other operating charges | 640/8 | €7,096 | €4,870 | -€2,226 | -31.4% |
| Gross operating margin | 9900 | €85,642 | €143,395 | +€57,753 | +67.4% |
| Operating profit (loss) | 9901 | €56,462 | €94,162 | +€37,700 | +66.8% |
| Financial income | 75/76B | €3,172 | €2,691 | -€481 | -15.2% |
| Recurring financial income | 75 | €3,172 | €2,691 | -€481 | -15.2% |
| Financial charges | 65/66B | €790 | €2,933 | +€2,143 | +271% |
| Recurring financial charges | 65 | €790 | €2,933 | +€2,143 | +271% |
| Profit (loss) for the period before taxes | 9903 | €58,845 | €93,920 | +€35,076 | +59.6% |
| Income taxes | 67/77 | €19,894 | €34,083 | +€14,190 | +71.3% |
| Profit (loss) for the period | 9904 | €38,951 | €59,837 | +€20,886 | +53.6% |
| Profit (loss) for the period to be appropriated | 9905 | €38,951 | €59,837 | +€20,886 | +53.6% |
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 13 October 2026 via checked.be.