LABO ALFA: 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.
LABO ALFA
Largest movements
- Cash +€437,033
up €437,033 (+307%), from €142,301 to €579,334
mainly Net result for the year (+€697,628) and Other debts (+€305,553)
- Tangible fixed assets +€188,686
up €188,686 (+28.2%), from €670,161 to €858,847
of which Furniture and vehicles: +€176,235
- Intangible fixed assets -€30,000
down €30,000 (-77.8%), from €38,548 to €8,548
- Receivables within one year +€29,936
up €29,936 (+6.1%), from €489,563 to €519,499
of which Other amounts receivable: +€49,161
- Other debts +€305,553
up €305,553 (+5,902%), from €5,177 to €310,730
- Reserves +€277,460
up €277,460 (+49.9%), from €555,574 to €833,034
- Trade debts +€94,130
up €94,130 (+208%), from €45,160 to €139,290
- Debts after one year -€65,399
down €65,399 (-17.8%), from €367,112 to €301,712
- Short-term financial debts +€33,648
up €33,648, from €0 to €33,648
- Gross operating margin +€513,084
up €513,084 (+57.9%), from €885,982 to €1.4m
- Taxes +€101,911
up €101,911 (+72.9%), from €139,872 to €241,783
- Staff costs +€95,640
up €95,640 (+44.4%), from €215,334 to €310,974
- Depreciation +€29,889
up €29,889 (+31.4%), from €95,141 to €125,030
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 | €1,349,422 | €1,976,566 | +€627,144 | +46.5% |
| Formation expenses | 20 | €290 | €57 | -€232 | -80.2% |
| Fixed assets | 21/28 | €711,649 | €870,335 | +€158,686 | +22.3% |
| Intangible fixed assets | 21 | €38,548 | €8,548 | -€30,000 | -77.8% |
| Tangible fixed assets | 22/27 | €670,161 | €858,847 | +€188,686 | +28.2% |
| Land and buildings | 22 | €527,120 | €536,538 | +€9,418 | +1.8% |
| Plant, machinery and equipment | 23 | €62,288 | €65,321 | +€3,033 | +4.9% |
| Furniture and vehicles | 24 | €80,752 | €256,987 | +€176,235 | +218% |
| Financial fixed assets | 28 | €2,940 | €2,940 | = | 0.0% |
| Current assets | 29/58 | €637,484 | €1,106,174 | +€468,690 | +73.5% |
| Amounts receivable within one year | 40/41 | €489,563 | €519,499 | +€29,936 | +6.1% |
| Trade receivables | 40 | €489,563 | €470,338 | -€19,225 | -3.9% |
| Other amounts receivable | 41 | - | €49,161 | +€49,161 | |
| Cash at bank and in hand | 54/58 | €142,301 | €579,334 | +€437,033 | +307% |
| Deferred charges and accrued income | 490/1 | €5,619 | €7,341 | +€1,721 | +30.6% |
| Total equity and liabilities | 10/49 | €1,349,422 | €1,976,566 | +€627,144 | +46.5% |
| Equity | 10/15 | €655,574 | €933,034 | +€277,460 | +42.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €555,574 | €833,034 | +€277,460 | +49.9% |
| Distributable reserves | 133 | €555,574 | €833,034 | +€277,460 | +49.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €693,848 | €1,043,532 | +€349,684 | +50.4% |
| Amounts payable after more than one year | 17 | €367,112 | €301,712 | -€65,399 | -17.8% |
| Financial debts | 170/4 | €367,112 | €301,712 | -€65,399 | -17.8% |
| Amounts payable within one year | 42/48 | €325,449 | €738,233 | +€412,785 | +127% |
| Current portion of amounts payable after more than one year | 42 | €99,047 | €65,399 | -€33,648 | -34.0% |
| Financial debts | 43 | €0 | €33,648 | +€33,648 | |
| Credit institutions | 430/8 | €0 | €33,648 | +€33,648 | |
| Trade debts | 44 | €45,160 | €139,290 | +€94,130 | +208% |
| Suppliers | 440/4 | €45,160 | €139,290 | +€94,130 | +208% |
| Taxes, remuneration and social security | 45 | €176,065 | €189,166 | +€13,101 | +7.4% |
| Taxes | 450/3 | €146,663 | €154,357 | +€7,693 | +5.2% |
| Remuneration and social security | 454/9 | €29,402 | €34,810 | +€5,408 | +18.4% |
| Other amounts payable | 47/48 | €5,177 | €310,730 | +€305,553 | +5,902% |
| Accrued charges and deferred income | 492/3 | €1,288 | €3,586 | +€2,298 | +178% |
| Non-recurring operating income | 76A | - | €16,771 | +€16,771 | |
| Remuneration, social security and pensions | 62 | €215,334 | €310,974 | +€95,640 | +44.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,141 | €125,030 | +€29,889 | +31.4% |
| Other operating charges | 640/8 | €9,261 | €13,490 | +€4,229 | +45.7% |
| Gross operating margin | 9900 | €885,982 | €1,399,067 | +€513,084 | +57.9% |
| Operating profit (loss) | 9901 | €566,246 | €949,572 | +€383,326 | +67.7% |
| Financial income | 75/76B | €0 | €15 | +€15 | |
| Recurring financial income | 75 | €0 | €15 | +€15 | |
| Financial charges | 65/66B | €15,386 | €10,176 | -€5,210 | -33.9% |
| Recurring financial charges | 65 | €15,386 | €10,176 | -€5,210 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | €550,860 | €939,411 | +€388,551 | +70.5% |
| Income taxes | 67/77 | €139,872 | €241,783 | +€101,911 | +72.9% |
| Profit (loss) for the period | 9904 | €410,988 | €697,628 | +€286,640 | +69.7% |
| Profit (loss) for the period to be appropriated | 9905 | €410,988 | €697,628 | +€286,640 | +69.7% |
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 23 October 2026 via checked.be.