LABLO: 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.
LABLO
Largest movements
- Cash +€194,042
up €194,042 (+132%), from €146,779 to €340,820
mainly Net result for the year (+€168,517) and Other debts (+€168,180)
- Tangible fixed assets -€49,279
down €49,279 (-38.7%), from €127,284 to €78,005
of which Plant, machinery and equipment: -€34,667
- Deferred charges and accrued income -€8,763
no longer reported in 2025 (was €8,763)
- Other debts +€168,180
new in 2025: €168,180
- Tax, wage and social debts -€30,901
down €30,901 (-71.6%), from €43,156 to €12,255
of which Remuneration and social security: -€30,018
- Accrued charges and deferred income -€13,000
down €13,000 (-14.3%), from €91,000 to €78,000
- Trade debts +€11,179
up €11,179 (+16.1%), from €69,619 to €80,798
- Staff costs -€94,414
down €94,414 (-32.0%), from €295,131 to €200,716
- Gross operating margin -€91,441
down €91,441 (-17.8%), from €514,098 to €422,657
- Other operating charges -€58,439
down €58,439 (-99.5%), from €58,748 to €310
- Taxes -€24,192
down €24,192 (-89.3%), from €27,079 to €2,888
- Financial charges -€8,937
down €8,937 (-79.0%), from €11,312 to €2,374
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 | €422,386 | €558,361 | +€135,975 | +32.2% |
| Fixed assets | 21/28 | €130,599 | €81,320 | -€49,279 | -37.7% |
| Tangible fixed assets | 22/27 | €127,284 | €78,005 | -€49,279 | -38.7% |
| Plant, machinery and equipment | 23 | €93,870 | €59,203 | -€34,667 | -36.9% |
| Furniture and vehicles | 24 | €11,751 | €7,894 | -€3,857 | -32.8% |
| Other tangible fixed assets | 26 | €21,662 | €10,908 | -€10,754 | -49.6% |
| Financial fixed assets | 28 | €3,315 | €3,315 | = | 0.0% |
| Current assets | 29/58 | €291,787 | €477,041 | +€185,254 | +63.5% |
| Stocks and contracts in progress | 3 | €127,562 | €130,618 | +€3,056 | +2.4% |
| Stocks | 30/36 | €127,562 | €130,618 | +€3,056 | +2.4% |
| Amounts receivable within one year | 40/41 | €8,684 | €5,603 | -€3,081 | -35.5% |
| Trade receivables | 40 | €1,730 | - | -€1,730 | |
| Other amounts receivable | 41 | €6,954 | €5,603 | -€1,351 | -19.4% |
| Cash at bank and in hand | 54/58 | €146,779 | €340,820 | +€194,042 | +132% |
| Deferred charges and accrued income | 490/1 | €8,763 | - | -€8,763 | |
| Total equity and liabilities | 10/49 | €422,386 | €558,361 | +€135,975 | +32.2% |
| Equity | 10/15 | €218,611 | €219,129 | +€517 | +0.2% |
| Reserves | 13 | €218,611 | €219,129 | +€517 | +0.2% |
| Distributable reserves | 133 | €218,611 | €219,129 | +€517 | +0.2% |
| Amounts payable | 17/49 | €203,775 | €339,233 | +€135,458 | +66.5% |
| Amounts payable within one year | 42/48 | €112,775 | €261,233 | +€148,458 | +132% |
| Trade debts | 44 | €69,619 | €80,798 | +€11,179 | +16.1% |
| Suppliers | 440/4 | €69,619 | €80,798 | +€11,179 | +16.1% |
| Taxes, remuneration and social security | 45 | €43,156 | €12,255 | -€30,901 | -71.6% |
| Taxes | 450/3 | €1,656 | €773 | -€883 | -53.3% |
| Remuneration and social security | 454/9 | €41,500 | €11,482 | -€30,018 | -72.3% |
| Other amounts payable | 47/48 | - | €168,180 | +€168,180 | |
| Accrued charges and deferred income | 492/3 | €91,000 | €78,000 | -€13,000 | -14.3% |
| Non-recurring operating income | 76A | €78,060 | - | -€78,060 | |
| Remuneration, social security and pensions | 62 | €295,131 | €200,716 | -€94,414 | -32.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,857 | €49,282 | +€4,425 | +9.9% |
| Other operating charges | 640/8 | €58,748 | €310 | -€58,439 | -99.5% |
| Gross operating margin | 9900 | €514,098 | €422,657 | -€91,441 | -17.8% |
| Operating profit (loss) | 9901 | €115,362 | €172,349 | +€56,987 | +49.4% |
| Financial income | 75/76B | €1,525 | €1,431 | -€94 | -6.2% |
| Recurring financial income | 75 | €1,525 | €1,431 | -€94 | -6.2% |
| Financial charges | 65/66B | €11,312 | €2,374 | -€8,937 | -79.0% |
| Recurring financial charges | 65 | €11,312 | €2,374 | -€8,937 | -79.0% |
| Profit (loss) for the period before taxes | 9903 | €105,575 | €171,405 | +€65,830 | +62.4% |
| Income taxes | 67/77 | €27,079 | €2,888 | -€24,192 | -89.3% |
| Profit (loss) for the period | 9904 | €78,496 | €168,517 | +€90,022 | +115% |
| Profit (loss) for the period to be appropriated | 9905 | €78,496 | €168,517 | +€90,022 | +115% |
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 14 October 2026 via checked.be.