LABO JOLY: what changed
Two fiscal 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 JOLY
Largest movements
- Tangible fixed assets +€32,946
up €32,946 (+131.7%), from €25,010 to €57,956
of which Furniture and vehicles: +€37,766
- Cash +€23,999
up €23,999 (+87.1%), from €27,557 to €51,557
mainly Net result for the year (+€29,394) and Depreciation (+€24,008)
- Receivables within one year -€8,946
down €8,946 (-68.0%), from €13,164 to €4,218
of which Other amounts receivable: -€5,386
- Intangible fixed assets -€2,500
down €2,500 (-14.3%), from €17,476 to €14,976
- Reserves +€29,394
up €29,394 (+49.2%), from €59,717 to €89,111
- Current portion of long-term debt +€9,057
new in 2025: €9,057
- Debts after one year +€3,089
new in 2025: €3,089
- Tax, wage and social debts +€2,287
up €2,287 (+11.2%), from €20,484 to €22,771
- Trade debts +€1,880
up €1,880 (+351.3%), from €535 to €2,415
- Gross operating margin +€14,502
up €14,502 (+27.5%), from €52,691 to €67,193
- Taxes +€4,687
up €4,687 (+58.9%), from €7,952 to €12,639
- Depreciation -€3,099
down €3,099 (-11.4%), from €27,107 to €24,008
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 | €83,236 | €128,942 | +€45,706 | +54.9% |
| Fixed assets | 21/28 | €42,487 | €72,933 | +€30,446 | +71.7% |
| Intangible fixed assets | 21 | €17,476 | €14,976 | -€2,500 | -14.3% |
| Tangible fixed assets | 22/27 | €25,010 | €57,956 | +€32,946 | +131.7% |
| Plant, machinery and equipment | 23 | €20,241 | €15,421 | -€4,820 | -23.8% |
| Furniture and vehicles | 24 | €4,769 | €42,535 | +€37,766 | +791.8% |
| Current assets | 29/58 | €40,749 | €56,010 | +€15,260 | +37.4% |
| Amounts receivable within one year | 40/41 | €13,164 | €4,218 | -€8,946 | -68.0% |
| Trade receivables | 40 | €7,778 | €4,218 | -€3,560 | -45.8% |
| Other amounts receivable | 41 | €5,386 | - | -€5,386 | |
| Cash at bank and in hand | 54/58 | €27,557 | €51,557 | +€23,999 | +87.1% |
| Deferred charges and accrued income | 490/1 | €28 | €235 | +€207 | +744.4% |
| Total equity and liabilities | 10/49 | €83,236 | €128,942 | +€45,706 | +54.9% |
| Equity | 10/15 | €62,217 | €91,611 | +€29,394 | +47.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €59,717 | €89,111 | +€29,394 | +49.2% |
| Distributable reserves | 133 | €59,717 | €89,111 | +€29,394 | +49.2% |
| Amounts payable | 17/49 | €21,019 | €37,332 | +€16,313 | +77.6% |
| Amounts payable after more than one year | 17 | - | €3,089 | +€3,089 | |
| Financial debts | 170/4 | - | €3,089 | +€3,089 | |
| Amounts payable within one year | 42/48 | €21,019 | €34,243 | +€13,224 | +62.9% |
| Current portion of amounts payable after more than one year | 42 | - | €9,057 | +€9,057 | |
| Trade debts | 44 | €535 | €2,415 | +€1,880 | +351.3% |
| Suppliers | 440/4 | €535 | €2,415 | +€1,880 | +351.3% |
| Taxes, remuneration and social security | 45 | €20,484 | €22,771 | +€2,287 | +11.2% |
| Taxes | 450/3 | €20,484 | €22,771 | +€2,287 | +11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,107 | €24,008 | -€3,099 | -11.4% |
| Other operating charges | 640/8 | €526 | €582 | +€56 | +10.6% |
| Gross operating margin | 9900 | €52,691 | €67,193 | +€14,502 | +27.5% |
| Operating profit (loss) | 9901 | €25,058 | €42,602 | +€17,545 | +70.0% |
| Financial income | 75/76B | €19 | €3 | -€16 | -84.1% |
| Recurring financial income | 75 | €19 | €3 | -€16 | -84.1% |
| Non-recurring financial income | 76B | - | €3 | +€3 | |
| Financial charges | 65/66B | €135 | €572 | +€438 | +324.6% |
| Recurring financial charges | 65 | €135 | €572 | +€438 | +324.6% |
| Profit (loss) for the period before taxes | 9903 | €24,942 | €42,033 | +€17,091 | +68.5% |
| Income taxes | 67/77 | €7,952 | €12,639 | +€4,687 | +58.9% |
| Profit (loss) for the period | 9904 | €16,990 | €29,394 | +€12,404 | +73.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,990 | €29,394 | +€12,404 | +73.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.