LABO KORPICS: 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 KORPICS
Largest movements
- Current investments +€73,343
up €73,343 (+43.4%), from €169,022 to €242,365
- Tangible fixed assets +€17,962
up €17,962 (+32.4%), from €55,444 to €73,406
of which Furniture and vehicles: +€41,182
- Cash -€14,913
down €14,913 (-42.2%), from €35,326 to €20,413
mainly Current investments (-€73,343) and Investment in fixed assets (net) (-€47,644)
- Receivables within one year +€11,379
up €11,379 (+17.3%), from €65,829 to €77,208
of which Trade receivables: +€11,338
- Reserves +€97,000
up €97,000 (+57.3%), from €169,375 to €266,375
of which Distributable reserves: +€98,875
- Other debts -€9,508
down €9,508 (-37.6%), from €25,272 to €15,764
- Tax, wage and social debts +€8,160
up €8,160 (+19.1%), from €42,689 to €50,849
of which Taxes: +€15,803
- Debts after one year -€7,690
down €7,690 (-41.4%), from €18,565 to €10,875
- Gross operating margin +€106,540
up €106,540 (+29.5%), from €360,643 to €467,183
- Staff costs +€68,333
up €68,333 (+33.1%), from €206,335 to €274,668
- Taxes +€16,055
up €16,055 (+53.3%), from €30,139 to €46,194
- Depreciation +€5,120
up €5,120 (+20.8%), from €24,562 to €29,682
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 | €333,359 | €419,833 | +€86,474 | +25.9% |
| Fixed assets | 21/28 | €57,944 | €75,906 | +€17,962 | +31.0% |
| Tangible fixed assets | 22/27 | €55,444 | €73,406 | +€17,962 | +32.4% |
| Plant, machinery and equipment | 23 | €30,820 | €21,509 | -€9,311 | -30.2% |
| Furniture and vehicles | 24 | €1,061 | €42,243 | +€41,182 | +3880.1% |
| Leasing and similar rights | 25 | €23,525 | €9,653 | -€13,872 | -59.0% |
| Other tangible fixed assets | 26 | €36 | - | -€36 | |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €275,416 | €343,927 | +€68,512 | +24.9% |
| Stocks and contracts in progress | 3 | €750 | €750 | = | 0.0% |
| Stocks | 30/36 | €750 | €750 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €65,829 | €77,208 | +€11,379 | +17.3% |
| Trade receivables | 40 | €64,646 | €75,984 | +€11,338 | +17.5% |
| Other amounts receivable | 41 | €1,183 | €1,224 | +€41 | +3.5% |
| Current investments | 50/53 | €169,022 | €242,365 | +€73,343 | +43.4% |
| Cash at bank and in hand | 54/58 | €35,326 | €20,413 | -€14,913 | -42.2% |
| Deferred charges and accrued income | 490/1 | €4,488 | €3,191 | -€1,297 | -28.9% |
| Total equity and liabilities | 10/49 | €333,359 | €419,833 | +€86,474 | +25.9% |
| Equity | 10/15 | €188,703 | €285,469 | +€96,766 | +51.3% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €169,375 | €266,375 | +€97,000 | +57.3% |
| Non-distributable reserves | 130/1 | €1,875 | - | -€1,875 | |
| Reserves not available under the articles | 1311 | €1,875 | - | -€1,875 | |
| Distributable reserves | 133 | €167,500 | €266,375 | +€98,875 | +59.0% |
| Profit (loss) carried forward | 14 | €578 | €344 | -€234 | -40.5% |
| Amounts payable | 17/49 | €144,656 | €134,364 | -€10,292 | -7.1% |
| Amounts payable after more than one year | 17 | €18,565 | €10,875 | -€7,690 | -41.4% |
| Financial debts | 170/4 | €18,565 | €10,875 | -€7,690 | -41.4% |
| Amounts payable within one year | 42/48 | €124,094 | €121,390 | -€2,704 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €19,602 | €19,937 | +€335 | +1.7% |
| Financial debts | 43 | €17,964 | €15,467 | -€2,497 | -13.9% |
| Credit institutions | 430/8 | €17,964 | €15,467 | -€2,497 | -13.9% |
| Trade debts | 44 | €18,567 | €19,373 | +€806 | +4.3% |
| Suppliers | 440/4 | €18,567 | €19,373 | +€806 | +4.3% |
| Taxes, remuneration and social security | 45 | €42,689 | €50,849 | +€8,160 | +19.1% |
| Taxes | 450/3 | €18,959 | €34,762 | +€15,803 | +83.4% |
| Remuneration and social security | 454/9 | €23,730 | €16,087 | -€7,643 | -32.2% |
| Other amounts payable | 47/48 | €25,272 | €15,764 | -€9,508 | -37.6% |
| Accrued charges and deferred income | 492/3 | €1,998 | €2,100 | +€102 | +5.1% |
| Remuneration, social security and pensions | 62 | €206,335 | €274,668 | +€68,333 | +33.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,562 | €29,682 | +€5,120 | +20.8% |
| Other operating charges | 640/8 | €1,723 | €3,311 | +€1,588 | +92.1% |
| Gross operating margin | 9900 | €360,643 | €467,183 | +€106,540 | +29.5% |
| Operating profit (loss) | 9901 | €128,023 | €159,522 | +€31,499 | +24.6% |
| Financial income | 75/76B | €834 | €1,950 | +€1,117 | +133.9% |
| Recurring financial income | 75 | €834 | €1,950 | +€1,117 | +133.9% |
| Financial charges | 65/66B | €3,219 | €3,513 | +€294 | +9.1% |
| Recurring financial charges | 65 | €3,219 | €3,513 | +€294 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €125,637 | €157,959 | +€32,322 | +25.7% |
| Income taxes | 67/77 | €30,139 | €46,194 | +€16,055 | +53.3% |
| Profit (loss) for the period | 9904 | €95,499 | €111,766 | +€16,267 | +17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €95,499 | €111,766 | +€16,267 | +17.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.