LABEYE: 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.
LABEYE
Largest movements
- Cash +€40,049
up €40,049 (+31.6%), from €126,858 to €166,908
mainly Depreciation (+€20,133) and Trade debts (+€19,746)
- Tangible fixed assets -€20,133
down €20,133 (-7.6%), from €266,593 to €246,460
- Trade debts +€19,746
up €19,746 (+27.1%), from €72,861 to €92,607
- Reserves +€18,654
up €18,654 (+4.8%), from €384,624 to €403,278
of which Distributable reserves: +€20,076
- Gross operating margin -€14,892
down €14,892 (-19.3%), from €77,005 to €62,113
- Other operating charges +€5,983
up €5,983 (+34.4%), from €17,371 to €23,354
- Financial income +€4,266
up €4,266 (+81.5%), from €5,236 to €9,502
- Taxes -€1,669
down €1,669 (-15.2%), from €11,000 to €9,331
- Depreciation -€1,014
down €1,014 (-4.8%), from €21,146 to €20,133
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 | €865,501 | €894,612 | +€29,112 | +3.4% |
| Fixed assets | 21/28 | €267,458 | €247,325 | -€20,133 | -7.5% |
| Tangible fixed assets | 22/27 | €266,593 | €246,460 | -€20,133 | -7.6% |
| Land and buildings | 22 | €266,593 | €246,460 | -€20,133 | -7.6% |
| Financial fixed assets | 28 | €864 | €864 | = | 0.0% |
| Current assets | 29/58 | €598,043 | €647,288 | +€49,244 | +8.2% |
| Amounts receivable within one year | 40/41 | €5,247 | €10,808 | +€5,561 | +106.0% |
| Trade receivables | 40 | €5,231 | €10,113 | +€4,882 | +93.3% |
| Other amounts receivable | 41 | €16 | €696 | +€679 | +4155.0% |
| Current investments | 50/53 | €462,794 | €462,794 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €126,858 | €166,908 | +€40,049 | +31.6% |
| Deferred charges and accrued income | 490/1 | €3,143 | €6,777 | +€3,634 | +115.6% |
| Total equity and liabilities | 10/49 | €865,501 | €894,612 | +€29,112 | +3.4% |
| Equity | 10/15 | €779,237 | €797,890 | +€18,654 | +2.4% |
| Contributions | 10/11 | €349,476 | €349,476 | = | 0.0% |
| Capital | 10 | €349,476 | €349,476 | = | 0.0% |
| Issued capital | 100 | €349,476 | €349,476 | = | 0.0% |
| Reserves | 13 | €384,624 | €403,278 | +€18,654 | +4.8% |
| Non-distributable reserves | 130/1 | €197,742 | €197,742 | = | 0.0% |
| Legal reserve | 130 | €34,948 | €34,948 | = | 0.0% |
| Own shares acquired | 1312 | €162,794 | €162,794 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,111 | €5,689 | -€1,422 | -20.0% |
| Distributable reserves | 133 | €179,771 | €199,847 | +€20,076 | +11.2% |
| Profit (loss) carried forward | 14 | €45,137 | €45,137 | = | 0.0% |
| Amounts payable | 17/49 | €86,264 | €96,722 | +€10,458 | +12.1% |
| Amounts payable within one year | 42/48 | €86,264 | €96,722 | +€10,458 | +12.1% |
| Trade debts | 44 | €72,861 | €92,607 | +€19,746 | +27.1% |
| Suppliers | 440/4 | €72,861 | €92,607 | +€19,746 | +27.1% |
| Taxes, remuneration and social security | 45 | €12,813 | €4,115 | -€8,698 | -67.9% |
| Taxes | 450/3 | €12,813 | €4,115 | -€8,698 | -67.9% |
| Other amounts payable | 47/48 | €590 | €0 | -€590 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,146 | €20,133 | -€1,014 | -4.8% |
| Other operating charges | 640/8 | €17,371 | €23,354 | +€5,983 | +34.4% |
| Gross operating margin | 9900 | €77,005 | €62,113 | -€14,892 | -19.3% |
| Operating profit (loss) | 9901 | €38,487 | €18,626 | -€19,861 | -51.6% |
| Financial income | 75/76B | €5,236 | €9,502 | +€4,266 | +81.5% |
| Recurring financial income | 75 | €5,236 | €9,502 | +€4,266 | +81.5% |
| Financial charges | 65/66B | €119 | €143 | +€24 | +19.9% |
| Recurring financial charges | 65 | €119 | €143 | +€24 | +19.9% |
| Profit (loss) for the period before taxes | 9903 | €43,603 | €27,984 | -€15,619 | -35.8% |
| Income taxes | 67/77 | €11,000 | €9,331 | -€1,669 | -15.2% |
| Profit (loss) for the period | 9904 | €32,603 | €18,654 | -€13,950 | -42.8% |
| Transfer from tax-exempt reserves | 789 | €4,267 | €1,422 | -€2,845 | -66.7% |
| Profit (loss) for the period to be appropriated | 9905 | €36,870 | €20,076 | -€16,794 | -45.6% |
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 30 September 2026 via checked.be.