LABO LEB: 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 LEB
Largest movements
- Tangible fixed assets -€235,508
down €235,508 (-14.5%), from €1.6m to €1.4m
of which Furniture and vehicles: -€123,527
- Cash +€145,028
up €145,028 (+150.1%), from €96,603 to €241,631
mainly Net result for the year (+€233,640) and Depreciation (+€145,529)
- Receivables within one year -€57,545
down €57,545 (-11.7%), from €492,277 to €434,732
of which Trade receivables: -€53,251
- Deferred charges and accrued income +€30,110
up €30,110 (+333.4%), from €9,032 to €39,142
- Debts after one year -€199,735
down €199,735 (-16.4%), from €1.2m to €1.0m
- Other debts +€100,646
up €100,646 (+51.7%), from €194,829 to €295,475
- Short-term financial debts -€75,000
down €75,000 (-100.0%), from €75,000 to €0
- Tax, wage and social debts +€56,762
up €56,762 (+84.7%), from €67,033 to €123,795
of which Remuneration and social security: +€28,428
- Current portion of long-term debt -€53,548
down €53,548 (-33.1%), from €161,821 to €108,273
- Gross operating margin +€189,794
up €189,794 (+20.5%), from €927,485 to €1.1m
- Taxes +€42,244
up €42,244 (+87.1%), from €48,498 to €90,742
- Depreciation -€37,130
down €37,130 (-20.3%), from €182,659 to €145,529
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 | €2,220,236 | €2,102,322 | -€117,914 | -5.3% |
| Fixed assets | 21/28 | €1,622,325 | €1,386,817 | -€235,508 | -14.5% |
| Tangible fixed assets | 22/27 | €1,622,325 | €1,386,817 | -€235,508 | -14.5% |
| Land and buildings | 22 | €1,337,684 | €1,252,953 | -€84,731 | -6.3% |
| Plant, machinery and equipment | 23 | €95,279 | €68,030 | -€27,250 | -28.6% |
| Furniture and vehicles | 24 | €186,988 | €63,461 | -€123,527 | -66.1% |
| Other tangible fixed assets | 26 | €2,373 | €2,373 | = | 0.0% |
| Current assets | 29/58 | €597,911 | €715,505 | +€117,594 | +19.7% |
| Amounts receivable within one year | 40/41 | €492,277 | €434,732 | -€57,545 | -11.7% |
| Trade receivables | 40 | €431,779 | €378,529 | -€53,251 | -12.3% |
| Other amounts receivable | 41 | €60,497 | €56,203 | -€4,294 | -7.1% |
| Cash at bank and in hand | 54/58 | €96,603 | €241,631 | +€145,028 | +150.1% |
| Deferred charges and accrued income | 490/1 | €9,032 | €39,142 | +€30,110 | +333.4% |
| Total equity and liabilities | 10/49 | €2,220,236 | €2,102,322 | -€117,914 | -5.3% |
| Equity | 10/15 | €454,850 | €468,490 | +€13,640 | +3.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €434,850 | €448,490 | +€13,640 | +3.1% |
| Distributable reserves | 133 | €434,850 | €448,490 | +€13,640 | +3.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,765,386 | €1,633,832 | -€131,554 | -7.5% |
| Amounts payable after more than one year | 17 | €1,218,155 | €1,018,419 | -€199,735 | -16.4% |
| Financial debts | 170/4 | €1,218,155 | €1,018,419 | -€199,735 | -16.4% |
| Amounts payable within one year | 42/48 | €543,028 | €604,768 | +€61,740 | +11.4% |
| Current portion of amounts payable after more than one year | 42 | €161,821 | €108,273 | -€53,548 | -33.1% |
| Financial debts | 43 | €75,000 | €0 | -€75,000 | -100.0% |
| Credit institutions | 430/8 | €75,000 | €0 | -€75,000 | -100.0% |
| Trade debts | 44 | €44,344 | €77,225 | +€32,881 | +74.1% |
| Suppliers | 440/4 | €44,344 | €77,225 | +€32,881 | +74.1% |
| Taxes, remuneration and social security | 45 | €67,033 | €123,795 | +€56,762 | +84.7% |
| Taxes | 450/3 | €29,772 | €58,106 | +€28,334 | +95.2% |
| Remuneration and social security | 454/9 | €37,261 | €65,688 | +€28,428 | +76.3% |
| Other amounts payable | 47/48 | €194,829 | €295,475 | +€100,646 | +51.7% |
| Accrued charges and deferred income | 492/3 | €4,204 | €10,644 | +€6,441 | +153.2% |
| Non-recurring operating income | 76A | €18,500 | €0 | -€18,500 | -100.0% |
| Remuneration, social security and pensions | 62 | €553,611 | €560,286 | +€6,675 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €182,659 | €145,529 | -€37,130 | -20.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €157 | +€157 | |
| Other operating charges | 640/8 | €11,826 | €12,067 | +€241 | +2.0% |
| Non-recurring operating charges | 66A | €4,414 | €45,911 | +€41,497 | +940.1% |
| Gross operating margin | 9900 | €927,485 | €1,117,278 | +€189,794 | +20.5% |
| Operating profit (loss) | 9901 | €174,974 | €353,328 | +€178,354 | +101.9% |
| Financial income | 75/76B | €4,568 | €2,448 | -€2,121 | -46.4% |
| Recurring financial income | 75 | €4,568 | €2,448 | -€2,121 | -46.4% |
| Financial charges | 65/66B | €33,037 | €31,394 | -€1,643 | -5.0% |
| Recurring financial charges | 65 | €33,037 | €31,394 | -€1,643 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €146,505 | €324,382 | +€177,877 | +121.4% |
| Income taxes | 67/77 | €48,498 | €90,742 | +€42,244 | +87.1% |
| Profit (loss) for the period | 9904 | €98,007 | €233,640 | +€135,633 | +138.4% |
| Profit (loss) for the period to be appropriated | 9905 | €98,007 | €233,640 | +€135,633 | +138.4% |
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 9 October 2026 via checked.be.