LABEST: 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.
LABEST
Largest movements
- Receivables within one year +€54,729
new in 2025: €54,729
of which Trade receivables: +€31,398
- Cash +€53,738
up €53,738 (+46.0%), from €116,870 to €170,608
mainly Net result for the year (+€70,093) and Tax, wage and social debts (+€30,917)
- Tangible fixed assets -€3,382
down €3,382 (-18.8%), from €18,026 to €14,644
of which Furniture and vehicles: -€3,382
- Reserves +€69,750
up €69,750 (+110.7%), from €63,000 to €132,750
of which Distributable reserves: +€69,250
- Tax, wage and social debts +€30,917
up €30,917 (+138.4%), from €22,339 to €53,256
- Trade debts +€17,945
up €17,945 (+59.1%), from €30,376 to €48,321
- Other debts -€13,870
no longer reported in 2025 (was €13,870)
- Purchases and services -€107,019
down €107,019 (-74.4%), from €143,937 to €36,918
- Turnover -€97,568
down €97,568 (-40.6%), from €240,124 to €142,556
- Gross operating margin +€9,451
up €9,451 (+9.8%), from €96,187 to €105,638
- Taxes +€5,508
up €5,508 (+21.1%), from €26,096 to €31,604
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 | €134,896 | €239,981 | +€105,085 | +77.9% |
| Fixed assets | 21/28 | €18,026 | €14,644 | -€3,382 | -18.8% |
| Tangible fixed assets | 22/27 | €18,026 | €14,644 | -€3,382 | -18.8% |
| Furniture and vehicles | 24 | €12,626 | €9,244 | -€3,382 | -26.8% |
| Other tangible fixed assets | 26 | €5,400 | €5,400 | = | 0.0% |
| Current assets | 29/58 | €116,870 | €225,337 | +€108,467 | +92.8% |
| Amounts receivable within one year | 40/41 | - | €54,729 | +€54,729 | |
| Trade receivables | 40 | - | €31,398 | +€31,398 | |
| Other amounts receivable | 41 | - | €23,331 | +€23,331 | |
| Cash at bank and in hand | 54/58 | €116,870 | €170,608 | +€53,738 | +46.0% |
| Total equity and liabilities | 10/49 | €134,896 | €239,981 | +€105,085 | +77.9% |
| Equity | 10/15 | €68,311 | €138,404 | +€70,093 | +102.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | - | -€5,000 | |
| Issued capital | 100 | €5,000 | - | -€5,000 | |
| Reserves | 13 | €63,000 | €132,750 | +€69,750 | +110.7% |
| Non-distributable reserves | 130/1 | - | €500 | +€500 | |
| Reserves not available under the articles | 1311 | - | €500 | +€500 | |
| Distributable reserves | 133 | €63,000 | €132,250 | +€69,250 | +109.9% |
| Profit (loss) carried forward | 14 | €311 | €654 | +€343 | +110.3% |
| Amounts payable | 17/49 | €66,585 | €101,577 | +€34,992 | +52.6% |
| Amounts payable within one year | 42/48 | €66,585 | €101,577 | +€34,992 | +52.6% |
| Trade debts | 44 | €30,376 | €48,321 | +€17,945 | +59.1% |
| Suppliers | 440/4 | €30,376 | €48,321 | +€17,945 | +59.1% |
| Taxes, remuneration and social security | 45 | €22,339 | €53,256 | +€30,917 | +138.4% |
| Taxes | 450/3 | €22,339 | €53,256 | +€30,917 | +138.4% |
| Other amounts payable | 47/48 | €13,870 | - | -€13,870 | |
| Turnover | 70 | €240,124 | €142,556 | -€97,568 | -40.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €143,937 | €36,918 | -€107,019 | -74.4% |
| Remuneration, social security and pensions | 62 | €228 | - | -€228 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,683 | €3,383 | -€2,300 | -40.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €819 | €480 | -€339 | -41.4% |
| Gross operating margin | 9900 | €96,187 | €105,638 | +€9,451 | +9.8% |
| Operating profit (loss) | 9901 | €89,457 | €101,775 | +€12,318 | +13.8% |
| Financial income | 75/76B | €40 | - | -€40 | |
| Recurring financial income | 75 | €40 | - | -€40 | |
| Financial charges | 65/66B | €90 | €78 | -€12 | -13.3% |
| Recurring financial charges | 65 | €90 | €78 | -€12 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €89,407 | €101,697 | +€12,290 | +13.7% |
| Income taxes | 67/77 | €26,096 | €31,604 | +€5,508 | +21.1% |
| Profit (loss) for the period | 9904 | €63,311 | €70,093 | +€6,782 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €63,311 | €70,093 | +€6,782 | +10.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.