LABFORVET: 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.
LABFORVET
Largest movements
- Cash -€102,883
down €102,883 (-56.7%), from €181,455 to €78,572
mainly Trade debts (-€152,129) and Debts after one year (-€3,318)
- Receivables within one year -€43,792
down €43,792 (-73.8%), from €59,350 to €15,558
of which Other amounts receivable: -€47,296
- Tangible fixed assets -€4,419
down €4,419 (-43.4%), from €10,193 to €5,774
of which Leasing and similar rights: -€3,731
- Intangible fixed assets -€2,697
down €2,697 (-71.9%), from €3,751 to €1,054
- Trade debts -€152,129
down €152,129 (-100.0%), from €152,129 to €0
- Tax, wage and social debts +€3,498
up €3,498, from €0 to €3,498
of which Taxes: +€3,498
- Debts after one year -€3,318
down €3,318 (-45.4%), from €7,303 to €3,985
- Short-term financial debts -€2,567
down €2,567 (-100.0%), from €2,567 to €0
- Staff costs -€227,545
down €227,545, from €227,170 to -€375
- Gross operating margin -€190,666
down €190,666 (-95.0%), from €200,722 to €10,056
- Financial income -€49,433
down €49,433 (-98.9%), from €49,979 to €546
- Other operating charges -€45,087
down €45,087 (-97.0%), from €46,495 to €1,408
- Depreciation -€7,524
down €7,524 (-51.4%), from €14,640 to €7,116
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 | €255,910 | €102,047 | -€153,863 | -60.1% |
| Fixed assets | 21/28 | €14,060 | €6,828 | -€7,231 | -51.4% |
| Intangible fixed assets | 21 | €3,751 | €1,054 | -€2,697 | -71.9% |
| Tangible fixed assets | 22/27 | €10,193 | €5,774 | -€4,419 | -43.4% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €1,410 | €722 | -€688 | -48.8% |
| Leasing and similar rights | 25 | €8,783 | €5,052 | -€3,731 | -42.5% |
| Financial fixed assets | 28 | €115 | €0 | -€115 | -100.0% |
| Current assets | 29/58 | €241,850 | €95,218 | -€146,632 | -60.6% |
| Amounts receivable within one year | 40/41 | €59,350 | €15,558 | -€43,792 | -73.8% |
| Trade receivables | 40 | €8,806 | €12,311 | +€3,505 | +39.8% |
| Other amounts receivable | 41 | €50,543 | €3,247 | -€47,296 | -93.6% |
| Cash at bank and in hand | 54/58 | €181,455 | €78,572 | -€102,883 | -56.7% |
| Deferred charges and accrued income | 490/1 | €1,045 | €1,088 | +€43 | +4.1% |
| Total equity and liabilities | 10/49 | €255,910 | €102,047 | -€153,863 | -60.1% |
| Equity | 10/15 | €89,277 | €90,039 | +€762 | +0.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €126,263 | €126,263 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €126,263 | €126,263 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,186 | -€42,424 | +€762 | +1.8% |
| Amounts payable | 17/49 | €166,633 | €12,008 | -€154,625 | -92.8% |
| Amounts payable after more than one year | 17 | €7,303 | €3,985 | -€3,318 | -45.4% |
| Financial debts | 170/4 | €7,303 | €3,985 | -€3,318 | -45.4% |
| Amounts payable within one year | 42/48 | €159,039 | €7,723 | -€151,316 | -95.1% |
| Current portion of amounts payable after more than one year | 42 | €3,222 | €3,318 | +€96 | +3.0% |
| Financial debts | 43 | €2,567 | €0 | -€2,567 | -100.0% |
| Credit institutions | 430/8 | €2,567 | €0 | -€2,567 | -100.0% |
| Trade debts | 44 | €152,129 | €0 | -€152,129 | -100.0% |
| Suppliers | 440/4 | €152,129 | €0 | -€152,129 | -100.0% |
| Taxes, remuneration and social security | 45 | €0 | €3,498 | +€3,498 | |
| Taxes | 450/3 | €0 | €3,498 | +€3,498 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,122 | €907 | -€215 | -19.1% |
| Accrued charges and deferred income | 492/3 | €291 | €299 | +€8 | +2.9% |
| Remuneration, social security and pensions | 62 | €227,170 | -€375 | -€227,545 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,640 | €7,116 | -€7,524 | -51.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,115 | €0 | -€1,115 | -100.0% |
| Other operating charges | 640/8 | €46,495 | €1,408 | -€45,087 | -97.0% |
| Gross operating margin | 9900 | €200,722 | €10,056 | -€190,666 | -95.0% |
| Operating profit (loss) | 9901 | -€88,698 | €1,907 | +€90,605 | |
| Financial income | 75/76B | €49,979 | €546 | -€49,433 | -98.9% |
| Recurring financial income | 75 | €49,979 | €546 | -€49,433 | -98.9% |
| Financial charges | 65/66B | €4,249 | €1,513 | -€2,736 | -64.4% |
| Recurring financial charges | 65 | €4,249 | €1,513 | -€2,736 | -64.4% |
| Profit (loss) for the period before taxes | 9903 | -€42,967 | €941 | +€43,908 | |
| Income taxes | 67/77 | €219 | €178 | -€41 | -18.6% |
| Profit (loss) for the period | 9904 | -€43,186 | €762 | +€43,949 | |
| Profit (loss) for the period to be appropriated | 9905 | -€43,186 | €762 | +€43,949 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.