LABO DERVA: 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.
What changed
LABO DERVA
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€682,773
2024 · €684,903-€2,131
Equity
€4.9m
2024 · €4.2m+€682,773
Cash
€1.9m
2024 · €1.6m+€251,523
Balance sheet total
€6.4m
2024 · €5.6m+€778,645
Largest movements
Assets
- Current investments +€442,855
up €442,855 (+20.2%), from €2.2m to €2.6m
- Cash +€251,523
up €251,523 (+15.7%), from €1.6m to €1.9m
mainly Net result for the year (+€682,773) and Depreciation (+€256,101)
Equity and liabilities
- Reserves +€682,773
up €682,773 (+19.1%), from €3.6m to €4.3m
- Trade debts +€87,579
up €87,579 (+74.4%), from €117,741 to €205,321
Income statement
- Gross operating margin +€182,406
up €182,406 (+7.0%), from €2.6m to €2.8m
- Staff costs +€97,672
up €97,672 (+7.5%), from €1.3m to €1.4m
- Other operating charges +€30,871
up €30,871 (+117%), from €26,407 to €57,278
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.
Result 2024
€684,903
Gross operating margin
+€182,406
Staff costs
-€97,672
Depreciation
-€16,919
Other operating charges
-€30,871
Financial income
-€24,847
Financial charges
+€2,743
Taxes
-€16,971
Result 2025
€682,773
raises the resultlowers the result
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.
From operations
+€986,640
Investment
-€735,117
Financing
€0
Cash 2024
€1.6m
From operations (derived)
+€986,640
Net result for the year
+€682,773
Depreciation
+€256,101
Receivables within one year
-€41,673
Deferred charges and accrued income
-€6,433
Trade debts
+€87,579
Tax, wage and social debts
-€23,242
Other debts
+€34,961
Accrued charges and deferred income
-€3,426
Investment (derived)
-€735,117
Investment in fixed assets (net)
-€292,262
Current investments
-€442,855
Cash 2025
€1.9m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,611,537 | €6,390,182 | +€778,645 | +13.9% |
| Fixed assets | 21/28 | €974,119 | €1,010,280 | +€36,161 | +3.7% |
| Tangible fixed assets | 22/27 | €974,119 | €1,010,280 | +€36,161 | +3.7% |
| Land and buildings | 22 | €324,667 | €274,250 | -€50,417 | -15.5% |
| Plant, machinery and equipment | 23 | €501,535 | €522,860 | +€21,324 | +4.3% |
| Furniture and vehicles | 24 | €147,916 | €213,170 | +€65,254 | +44.1% |
| Current assets | 29/58 | €4,637,418 | €5,379,901 | +€742,484 | +16.0% |
| Amounts receivable within one year | 40/41 | €808,222 | €849,896 | +€41,673 | +5.2% |
| Trade receivables | 40 | €805,689 | €842,697 | +€37,007 | +4.6% |
| Other amounts receivable | 41 | €2,533 | €7,199 | +€4,666 | +184% |
| Current investments | 50/53 | €2,196,700 | €2,639,554 | +€442,855 | +20.2% |
| Cash at bank and in hand | 54/58 | €1,605,221 | €1,856,744 | +€251,523 | +15.7% |
| Deferred charges and accrued income | 490/1 | €27,275 | €33,708 | +€6,433 | +23.6% |
| Total equity and liabilities | 10/49 | €5,611,537 | €6,390,182 | +€778,645 | +13.9% |
| Equity | 10/15 | €4,248,333 | €4,931,106 | +€682,773 | +16.1% |
| Contributions | 10/11 | €664,973 | €664,973 | = | 0.0% |
| Reserves | 13 | €3,583,359 | €4,266,132 | +€682,773 | +19.1% |
| Distributable reserves | 133 | €3,583,359 | €4,266,132 | +€682,773 | +19.1% |
| Amounts payable | 17/49 | €1,363,204 | €1,459,076 | +€95,872 | +7.0% |
| Amounts payable within one year | 42/48 | €1,305,369 | €1,404,668 | +€99,298 | +7.6% |
| Trade debts | 44 | €117,741 | €205,321 | +€87,579 | +74.4% |
| Suppliers | 440/4 | €117,741 | €205,321 | +€87,579 | +74.4% |
| Taxes, remuneration and social security | 45 | €297,005 | €273,762 | -€23,242 | -7.8% |
| Taxes | 450/3 | €96,949 | €82,443 | -€14,506 | -15.0% |
| Remuneration and social security | 454/9 | €200,055 | €191,319 | -€8,736 | -4.4% |
| Other amounts payable | 47/48 | €890,623 | €925,585 | +€34,961 | +3.9% |
| Accrued charges and deferred income | 492/3 | €57,834 | €54,408 | -€3,426 | -5.9% |
| Non-recurring operating income | 76A | €3,646 | - | -€3,646 | |
| Remuneration, social security and pensions | 62 | €1,298,942 | €1,396,614 | +€97,672 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €239,182 | €256,101 | +€16,919 | +7.1% |
| Other operating charges | 640/8 | €26,407 | €57,278 | +€30,871 | +117% |
| Gross operating margin | 9900 | €2,610,797 | €2,793,204 | +€182,406 | +7.0% |
| Operating profit (loss) | 9901 | €1,046,266 | €1,083,211 | +€36,945 | +3.5% |
| Financial income | 75/76B | €28,020 | €3,173 | -€24,847 | -88.7% |
| Recurring financial income | 75 | €28,020 | €3,173 | -€24,847 | -88.7% |
| Financial charges | 65/66B | €58,855 | €56,112 | -€2,743 | -4.7% |
| Recurring financial charges | 65 | €58,855 | €56,112 | -€2,743 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €1,015,431 | €1,030,271 | +€14,841 | +1.5% |
| Income taxes | 67/77 | €330,527 | €347,498 | +€16,971 | +5.1% |
| Profit (loss) for the period | 9904 | €684,903 | €682,773 | -€2,131 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €684,903 | €682,773 | -€2,131 | -0.3% |
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 13 October 2026 via checked.be.