LABO FREDERIC: 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 FREDERIC
Largest movements
- Tangible fixed assets -€23,709
down €23,709 (-21.7%), from €109,344 to €85,635
of which Furniture and vehicles: -€16,526
- Receivables within one year +€8,902
up €8,902 (+22.4%), from €39,687 to €48,589
- Other debts +€90,800
up €90,800 (+428.3%), from €21,200 to €112,000
- Reserves -€83,641
down €83,641 (-73.9%), from €113,183 to €29,542
- Debts after one year -€16,734
down €16,734 (-100.0%), from €16,734 to €0
- Current portion of long-term debt -€5,812
down €5,812 (-25.8%), from €22,546 to €16,734
- Trade debts +€4,668
up €4,668 (+56.9%), from €8,204 to €12,872
- Gross operating margin +€6,621
up €6,621 (+8.9%), from €74,779 to €81,400
- Staff costs -€2,735
down €2,735 (-19.2%), from €14,268 to €11,533
- Taxes +€2,200
up €2,200 (+27.0%), from €8,142 to €10,342
- Financial charges -€1,804
down €1,804 (-41.2%), from €4,375 to €2,571
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 | €205,384 | €192,461 | -€12,923 | -6.3% |
| Fixed assets | 21/28 | €109,399 | €85,690 | -€23,709 | -21.7% |
| Tangible fixed assets | 22/27 | €109,344 | €85,635 | -€23,709 | -21.7% |
| Plant, machinery and equipment | 23 | €884 | €229 | -€654 | -74.0% |
| Furniture and vehicles | 24 | €53,041 | €36,515 | -€16,526 | -31.2% |
| Other tangible fixed assets | 26 | €55,419 | €48,890 | -€6,529 | -11.8% |
| Financial fixed assets | 28 | €55 | €55 | = | 0.0% |
| Current assets | 29/58 | €95,985 | €106,771 | +€10,786 | +11.2% |
| Amounts receivable within one year | 40/41 | €39,687 | €48,589 | +€8,902 | +22.4% |
| Other amounts receivable | 41 | €39,687 | €48,589 | +€8,902 | +22.4% |
| Cash at bank and in hand | 54/58 | €48,698 | €50,267 | +€1,569 | +3.2% |
| Deferred charges and accrued income | 490/1 | €7,600 | €7,915 | +€315 | +4.1% |
| Total equity and liabilities | 10/49 | €205,384 | €192,461 | -€12,923 | -6.3% |
| Equity | 10/15 | €131,733 | €48,092 | -€83,641 | -63.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €113,183 | €29,542 | -€83,641 | -73.9% |
| Distributable reserves | 133 | €113,183 | €29,542 | -€83,641 | -73.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €73,651 | €144,369 | +€70,718 | +96.0% |
| Amounts payable after more than one year | 17 | €16,734 | €0 | -€16,734 | -100.0% |
| Financial debts | 170/4 | €16,734 | €0 | -€16,734 | -100.0% |
| Amounts payable within one year | 42/48 | €56,917 | €144,369 | +€87,452 | +153.6% |
| Current portion of amounts payable after more than one year | 42 | €22,546 | €16,734 | -€5,812 | -25.8% |
| Trade debts | 44 | €8,204 | €12,872 | +€4,668 | +56.9% |
| Suppliers | 440/4 | €8,204 | €12,872 | +€4,668 | +56.9% |
| Taxes, remuneration and social security | 45 | €4,967 | €2,763 | -€2,204 | -44.4% |
| Taxes | 450/3 | €1,215 | €693 | -€522 | -43.0% |
| Remuneration and social security | 454/9 | €3,752 | €2,070 | -€1,682 | -44.8% |
| Other amounts payable | 47/48 | €21,200 | €112,000 | +€90,800 | +428.3% |
| Remuneration, social security and pensions | 62 | €14,268 | €11,533 | -€2,735 | -19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,124 | €27,419 | -€705 | -2.5% |
| Other operating charges | 640/8 | €2,063 | €2,451 | +€388 | +18.8% |
| Gross operating margin | 9900 | €74,779 | €81,400 | +€6,621 | +8.9% |
| Operating profit (loss) | 9901 | €30,325 | €39,997 | +€9,672 | +31.9% |
| Financial income | 75/76B | €660 | €1,274 | +€614 | +93.0% |
| Recurring financial income | 75 | €660 | €1,274 | +€614 | +93.0% |
| Financial charges | 65/66B | €4,375 | €2,571 | -€1,804 | -41.2% |
| Recurring financial charges | 65 | €4,375 | €2,571 | -€1,804 | -41.2% |
| Profit (loss) for the period before taxes | 9903 | €26,610 | €38,701 | +€12,091 | +45.4% |
| Income taxes | 67/77 | €8,142 | €10,342 | +€2,200 | +27.0% |
| Profit (loss) for the period | 9904 | €18,469 | €28,359 | +€9,890 | +53.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,469 | €28,359 | +€9,890 | +53.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.