LABETO: 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.
LABETO
Largest movements
- Financial fixed assets -€347,000
down €347,000 (-31.7%), from €1.1m to €747,282
- Cash +€204,152
up €204,152 (+333%), from €61,253 to €265,405
mainly Investment in fixed assets (net) (+€341,895) and Receivables within one year (+€164,276)
- Receivables within one year -€164,276
down €164,276 (-11.5%), from €1.4m to €1.3m
of which Other amounts receivable: -€177,668
- Receivables after one year +€132,500
up €132,500 (+13.9%), from €951,750 to €1.1m
of which Other amounts receivable: +€150,000
- Other debts -€186,507
down €186,507 (-50.6%), from €368,667 to €182,161
- Profit (loss) carried forward +€79,506
up €79,506 (+7.6%), from €1.0m to €1.1m
- Debts after one year -€74,382
down €74,382 (-79.9%), from €93,151 to €18,769
- Financial income +€152,732
up €152,732 (+1,177%), from €12,972 to €165,703
of which Non-recurring financial income: +€153,000
- Gross operating margin -€34,465
down €34,465 (-1,306%), from -€2,638 to -€37,103
- Other operating charges +€4,971
up €4,971 (+105%), from €4,731 to €9,701
- Depreciation -€2,790
down €2,790 (-46.3%), from €6,029 to €3,239
- Financial charges -€890
down €890 (-5.2%), from €17,044 to €16,154
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 | €3,788,881 | €3,616,122 | -€172,758 | -4.6% |
| Fixed assets | 21/28 | €1,191,088 | €845,954 | -€345,134 | -29.0% |
| Tangible fixed assets | 22/27 | €96,806 | €98,671 | +€1,866 | +1.9% |
| Land and buildings | 22 | €95,034 | €92,545 | -€2,489 | -2.6% |
| Furniture and vehicles | 24 | €235 | €4,591 | +€4,355 | +1,850% |
| Other tangible fixed assets | 26 | €1,536 | €1,536 | = | 0.0% |
| Financial fixed assets | 28 | €1,094,282 | €747,282 | -€347,000 | -31.7% |
| Current assets | 29/58 | €2,597,793 | €2,770,169 | +€172,376 | +6.6% |
| Amounts receivable after more than one year | 29 | €951,750 | €1,084,250 | +€132,500 | +13.9% |
| Trade receivables | 290 | €951,750 | €934,250 | -€17,500 | -1.8% |
| Other amounts receivable | 291 | - | €150,000 | +€150,000 | |
| Amounts receivable within one year | 40/41 | €1,431,790 | €1,267,514 | -€164,276 | -11.5% |
| Trade receivables | 40 | €363,367 | €376,758 | +€13,391 | +3.7% |
| Other amounts receivable | 41 | €1,068,423 | €890,755 | -€177,668 | -16.6% |
| Current investments | 50/53 | €153,000 | €153,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €61,253 | €265,405 | +€204,152 | +333% |
| Total equity and liabilities | 10/49 | €3,788,881 | €3,616,122 | -€172,758 | -4.6% |
| Equity | 10/15 | €3,247,609 | €3,327,114 | +€79,506 | +2.4% |
| Contributions | 10/11 | €2,000,000 | €2,000,000 | = | 0.0% |
| Capital | 10 | €2,000,000 | €2,000,000 | = | 0.0% |
| Issued capital | 100 | €2,000,000 | €2,000,000 | = | 0.0% |
| Reserves | 13 | €200,000 | €200,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200,000 | €200,000 | = | 0.0% |
| Legal reserve | 130 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,047,609 | €1,127,114 | +€79,506 | +7.6% |
| Amounts payable | 17/49 | €541,272 | €289,008 | -€252,264 | -46.6% |
| Amounts payable after more than one year | 17 | €93,151 | €18,769 | -€74,382 | -79.9% |
| Financial debts | 170/4 | €93,151 | €18,769 | -€74,382 | -79.9% |
| Amounts payable within one year | 42/48 | €448,121 | €268,839 | -€179,282 | -40.0% |
| Current portion of amounts payable after more than one year | 42 | €73,282 | €74,382 | +€1,100 | +1.5% |
| Trade debts | 44 | €4,744 | €9,395 | +€4,650 | +98.0% |
| Suppliers | 440/4 | €4,744 | €9,395 | +€4,650 | +98.0% |
| Advances received on contracts in progress | 46 | €770 | €0 | -€770 | -100% |
| Taxes, remuneration and social security | 45 | €657 | €2,902 | +€2,245 | +342% |
| Taxes | 450/3 | €657 | €2,902 | +€2,245 | +342% |
| Other amounts payable | 47/48 | €368,667 | €182,161 | -€186,507 | -50.6% |
| Accrued charges and deferred income | 492/3 | - | €1,400 | +€1,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,029 | €3,239 | -€2,790 | -46.3% |
| Other operating charges | 640/8 | €4,731 | €9,701 | +€4,971 | +105% |
| Non-recurring operating charges | 66A | - | €20,000 | +€20,000 | |
| Gross operating margin | 9900 | -€2,638 | -€37,103 | -€34,465 | -1,306% |
| Operating profit (loss) | 9901 | -€13,398 | -€70,044 | -€56,645 | -423% |
| Financial income | 75/76B | €12,972 | €165,703 | +€152,732 | +1,177% |
| Recurring financial income | 75 | €12,972 | €12,703 | -€268 | -2.1% |
| Non-recurring financial income | 76B | - | €153,000 | +€153,000 | |
| Financial charges | 65/66B | €17,044 | €16,154 | -€890 | -5.2% |
| Recurring financial charges | 65 | €17,044 | €16,154 | -€890 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | -€17,471 | €79,506 | +€96,976 | |
| Profit (loss) for the period | 9904 | -€17,471 | €79,506 | +€96,976 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,471 | €79,506 | +€96,976 |
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 20 October 2026 via checked.be.