Labiecyclette: 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.
Labiecyclette
Largest movements
- Receivables within one year -€41,712
down €41,712 (-23.8%), from €175,166 to €133,453
of which Trade receivables: -€116,335
- Cash -€26,196
down €26,196 (-14.4%), from €181,911 to €155,715
mainly Trade debts (-€60,139) and Short-term financial debts (-€35,500)
- Tangible fixed assets -€10,083
down €10,083 (-5.7%), from €177,712 to €167,628
of which Land and buildings: -€13,622
- Trade debts -€60,139
down €60,139 (-90.4%), from €66,499 to €6,361
- Reserves +€40,991
up €40,991 (+19.4%), from €211,342 to €252,333
of which Distributable reserves: +€225,991
- Short-term financial debts -€35,500
down €35,500 (-50.9%), from €69,768 to €34,268
- Debts after one year -€10,720
down €10,720 (-8.7%), from €123,223 to €112,503
- Tax, wage and social debts -€7,497
down €7,497 (-20.7%), from €36,298 to €28,800
of which Taxes: -€7,497
- Financial charges -€3,241
down €3,241 (-26.7%), from €12,122 to €8,881
- Taxes +€1,877
up €1,877 (+12.3%), from €15,232 to €17,108
- Other operating charges -€1,302
down €1,302 (-28.7%), from €4,539 to €3,237
- Depreciation +€1,227
up €1,227 (+6.8%), from €18,008 to €19,235
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 | €620,790 | €543,218 | -€77,571 | -12.5% |
| Fixed assets | 21/28 | €178,063 | €167,979 | -€10,083 | -5.7% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €177,712 | €167,628 | -€10,083 | -5.7% |
| Land and buildings | 22 | €172,531 | €158,909 | -€13,622 | -7.9% |
| Plant, machinery and equipment | 23 | €2,397 | €6,866 | +€4,468 | +186% |
| Furniture and vehicles | 24 | €1,843 | €1,435 | -€408 | -22.1% |
| Other tangible fixed assets | 26 | €941 | €419 | -€522 | -55.5% |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €442,727 | €375,239 | -€67,488 | -15.2% |
| Stocks and contracts in progress | 3 | €85,650 | €82,661 | -€2,990 | -3.5% |
| Stocks | 30/36 | €85,650 | €82,661 | -€2,990 | -3.5% |
| Amounts receivable within one year | 40/41 | €175,166 | €133,453 | -€41,712 | -23.8% |
| Trade receivables | 40 | €127,662 | €11,328 | -€116,335 | -91.1% |
| Other amounts receivable | 41 | €47,503 | €122,126 | +€74,622 | +157% |
| Cash at bank and in hand | 54/58 | €181,911 | €155,715 | -€26,196 | -14.4% |
| Deferred charges and accrued income | 490/1 | - | €3,410 | +€3,410 | |
| Total equity and liabilities | 10/49 | €620,790 | €543,218 | -€77,571 | -12.5% |
| Equity | 10/15 | €229,942 | €270,933 | +€40,991 | +17.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €211,342 | €252,333 | +€40,991 | +19.4% |
| Non-distributable reserves | 130/1 | €186,860 | €1,860 | -€185,000 | -99.0% |
| Reserves not available under the articles | 1311 | €186,860 | €1,860 | -€185,000 | -99.0% |
| Distributable reserves | 133 | €24,482 | €250,473 | +€225,991 | +923% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €390,848 | €272,286 | -€118,562 | -30.3% |
| Amounts payable after more than one year | 17 | €123,223 | €112,503 | -€10,720 | -8.7% |
| Financial debts | 170/4 | €123,223 | €112,503 | -€10,720 | -8.7% |
| Amounts payable within one year | 42/48 | €267,625 | €159,783 | -€107,842 | -40.3% |
| Current portion of amounts payable after more than one year | 42 | €11,767 | €11,982 | +€216 | +1.8% |
| Financial debts | 43 | €69,768 | €34,268 | -€35,500 | -50.9% |
| Credit institutions | 430/8 | €69,768 | €34,268 | -€35,500 | -50.9% |
| Trade debts | 44 | €66,499 | €6,361 | -€60,139 | -90.4% |
| Suppliers | 440/4 | €66,499 | €6,361 | -€60,139 | -90.4% |
| Advances received on contracts in progress | 46 | €83,240 | €78,372 | -€4,868 | -5.8% |
| Taxes, remuneration and social security | 45 | €36,298 | €28,800 | -€7,497 | -20.7% |
| Taxes | 450/3 | €36,298 | €28,800 | -€7,497 | -20.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €54 | €0 | -€54 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €24,752 | €0 | -€24,752 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,008 | €19,235 | +€1,227 | +6.8% |
| Other operating charges | 640/8 | €4,539 | €3,237 | -€1,302 | -28.7% |
| Gross operating margin | 9900 | €87,583 | €88,389 | +€806 | +0.9% |
| Operating profit (loss) | 9901 | €65,036 | €65,918 | +€882 | +1.4% |
| Financial income | 75/76B | €478 | €1,063 | +€584 | +122% |
| Recurring financial income | 75 | €478 | €1,063 | +€584 | +122% |
| Financial charges | 65/66B | €12,122 | €8,881 | -€3,241 | -26.7% |
| Recurring financial charges | 65 | €12,122 | €8,881 | -€3,241 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | €53,392 | €58,099 | +€4,707 | +8.8% |
| Income taxes | 67/77 | €15,232 | €17,108 | +€1,877 | +12.3% |
| Profit (loss) for the period | 9904 | €38,160 | €40,991 | +€2,830 | +7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €38,160 | €40,991 | +€2,830 | +7.4% |
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 29 October 2026 via checked.be.