LABEYE Services: 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 Services
Largest movements
- Tangible fixed assets +€680,610
up €680,610 (+38.9%), from €1.7m to €2.4m
of which Furniture and vehicles: +€668,871
- Receivables within one year +€249,688
up €249,688 (+22.4%), from €1.1m to €1.4m
of which Trade receivables: +€330,833
- Debts after one year +€598,768
up €598,768 (+59.8%), from €1.0m to €1.6m
- Reserves +€309,126
up €309,126 (+29.0%), from €1.1m to €1.4m
of which Distributable reserves: +€309,126
- Trade debts -€184,435
down €184,435 (-29.5%), from €624,589 to €440,154
- Current portion of long-term debt +€174,865
up €174,865 (+47.6%), from €367,368 to €542,233
- Tax, wage and social debts +€53,047
up €53,047 (+81.6%), from €65,029 to €118,076
of which Remuneration and social security: +€36,596
- Gross operating margin +€432,731
up €432,731 (+28.2%), from €1.5m to €2.0m
- Staff costs +€211,374
up €211,374 (+35.1%), from €602,683 to €814,057
- Depreciation +€188,175
up €188,175 (+38.8%), from €485,563 to €673,738
- Write-downs -€82,854
down €82,854, from €18,904 to -€63,950
- Financial charges +€25,520
up €25,520 (+62.6%), from €40,753 to €66,273
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 | €3,199,479 | €4,150,850 | +€951,371 | +29.7% |
| Fixed assets | 21/28 | €1,754,123 | €2,434,733 | +€680,610 | +38.8% |
| Tangible fixed assets | 22/27 | €1,749,673 | €2,430,283 | +€680,610 | +38.9% |
| Land and buildings | 22 | €221,753 | €269,746 | +€47,994 | +21.6% |
| Plant, machinery and equipment | 23 | €129,682 | €106,466 | -€23,216 | -17.9% |
| Furniture and vehicles | 24 | €880,777 | €1,549,647 | +€668,871 | +75.9% |
| Leasing and similar rights | 25 | €486,721 | €487,336 | +€615 | +0.1% |
| Other tangible fixed assets | 26 | €30,740 | €17,086 | -€13,654 | -44.4% |
| Financial fixed assets | 28 | €4,450 | €4,450 | = | 0.0% |
| Current assets | 29/58 | €1,445,356 | €1,716,117 | +€270,761 | +18.7% |
| Stocks and contracts in progress | 3 | €11,898 | €8,135 | -€3,763 | -31.6% |
| Stocks | 30/36 | €11,898 | €8,135 | -€3,763 | -31.6% |
| Amounts receivable within one year | 40/41 | €1,112,843 | €1,362,531 | +€249,688 | +22.4% |
| Trade receivables | 40 | €971,312 | €1,302,145 | +€330,833 | +34.1% |
| Other amounts receivable | 41 | €141,531 | €60,386 | -€81,146 | -57.3% |
| Current investments | 50/53 | €3,100 | €3,100 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €293,904 | €290,408 | -€3,496 | -1.2% |
| Deferred charges and accrued income | 490/1 | €23,612 | €51,944 | +€28,332 | +120.0% |
| Total equity and liabilities | 10/49 | €3,199,479 | €4,150,850 | +€951,371 | +29.7% |
| Equity | 10/15 | €1,140,442 | €1,449,568 | +€309,126 | +27.1% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €1,065,442 | €1,374,568 | +€309,126 | +29.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €1,046,692 | €1,355,818 | +€309,126 | +29.5% |
| Amounts payable | 17/49 | €2,059,038 | €2,701,282 | +€642,244 | +31.2% |
| Amounts payable after more than one year | 17 | €1,001,501 | €1,600,270 | +€598,768 | +59.8% |
| Financial debts | 170/4 | €1,001,501 | €1,600,270 | +€598,768 | +59.8% |
| Amounts payable within one year | 42/48 | €1,057,536 | €1,101,012 | +€43,476 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €367,368 | €542,233 | +€174,865 | +47.6% |
| Trade debts | 44 | €624,589 | €440,154 | -€184,435 | -29.5% |
| Suppliers | 440/4 | €624,589 | €440,154 | -€184,435 | -29.5% |
| Taxes, remuneration and social security | 45 | €65,029 | €118,076 | +€53,047 | +81.6% |
| Taxes | 450/3 | €17,097 | €33,548 | +€16,450 | +96.2% |
| Remuneration and social security | 454/9 | €47,932 | €84,528 | +€36,596 | +76.3% |
| Other amounts payable | 47/48 | €549 | €549 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €602,683 | €814,057 | +€211,374 | +35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €485,563 | €673,738 | +€188,175 | +38.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €18,904 | -€63,950 | -€82,854 | |
| Other operating charges | 640/8 | €71,694 | €82,775 | +€11,081 | +15.5% |
| Gross operating margin | 9900 | €1,535,230 | €1,967,960 | +€432,731 | +28.2% |
| Operating profit (loss) | 9901 | €356,386 | €461,341 | +€104,955 | +29.4% |
| Financial income | 75/76B | €3,265 | €87 | -€3,179 | -97.3% |
| Recurring financial income | 75 | €3,265 | €87 | -€3,179 | -97.3% |
| Financial charges | 65/66B | €40,753 | €66,273 | +€25,520 | +62.6% |
| Recurring financial charges | 65 | €40,753 | €66,273 | +€25,520 | +62.6% |
| Profit (loss) for the period before taxes | 9903 | €318,899 | €395,155 | +€76,256 | +23.9% |
| Income taxes | 67/77 | €69,063 | €86,028 | +€16,965 | +24.6% |
| Profit (loss) for the period | 9904 | €249,835 | €309,126 | +€59,291 | +23.7% |
| Profit (loss) for the period to be appropriated | 9905 | €249,835 | €309,126 | +€59,291 | +23.7% |
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 5 October 2026 via checked.be.