LABO LRL: 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 LRL
Largest movements
- Receivables within one year +€165,767
up €165,767 (+19.3%), from €858,982 to €1.0m
of which Trade receivables: +€174,834
- Cash +€50,151
up €50,151 (+18.3%), from €273,748 to €323,899
mainly Net result for the year (+€374,463) and Depreciation (+€228,222)
- Tangible fixed assets -€35,078
down €35,078 (-3.5%), from €1.0m to €971,643
of which Land and buildings: -€28,734
- Other debts +€142,559
up €142,559 (+24.8%), from €575,398 to €717,957
- Trade debts +€100,491
up €100,491 (+133%), from €75,618 to €176,109
- Short-term financial debts -€90,214
down €90,214 (-100%), from €90,214 to €0
- Debts after one year -€66,081
down €66,081 (-22.1%), from €298,806 to €232,725
- Reserves +€49,463
up €49,463 (+5.8%), from €847,520 to €896,983
of which Distributable reserves: +€49,463
- Gross operating margin +€250,996
up €250,996 (+19.5%), from €1.3m to €1.5m
- Taxes +€53,260
up €53,260 (+66.1%), from €80,572 to €133,832
- Other operating charges +€36,474
up €36,474 (+295%), from €12,368 to €48,842
- Write-downs -€27,282
new in 2025: -€27,282
- Staff costs +€19,182
up €19,182 (+2.6%), from €743,905 to €763,087
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,159,936 | €2,348,620 | +€188,683 | +8.7% |
| Fixed assets | 21/28 | €1,010,097 | €975,019 | -€35,078 | -3.5% |
| Tangible fixed assets | 22/27 | €1,006,721 | €971,643 | -€35,078 | -3.5% |
| Land and buildings | 22 | €345,911 | €317,177 | -€28,734 | -8.3% |
| Plant, machinery and equipment | 23 | €475,810 | €448,742 | -€27,067 | -5.7% |
| Furniture and vehicles | 24 | €185,000 | €205,723 | +€20,724 | +11.2% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €3,376 | €3,376 | = | 0.0% |
| Current assets | 29/58 | €1,149,840 | €1,373,601 | +€223,761 | +19.5% |
| Amounts receivable within one year | 40/41 | €858,982 | €1,024,749 | +€165,767 | +19.3% |
| Trade receivables | 40 | €841,428 | €1,016,262 | +€174,834 | +20.8% |
| Other amounts receivable | 41 | €17,554 | €8,488 | -€9,067 | -51.6% |
| Cash at bank and in hand | 54/58 | €273,748 | €323,899 | +€50,151 | +18.3% |
| Deferred charges and accrued income | 490/1 | €17,109 | €24,953 | +€7,844 | +45.8% |
| Total equity and liabilities | 10/49 | €2,159,936 | €2,348,620 | +€188,683 | +8.7% |
| Equity | 10/15 | €909,520 | €958,983 | +€49,463 | +5.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €847,520 | €896,983 | +€49,463 | +5.8% |
| Non-distributable reserves | 130/1 | €6,856 | €6,856 | = | 0.0% |
| Legal reserve | 130 | €6,856 | €6,856 | = | 0.0% |
| Tax-exempt reserves | 132 | €55,759 | €55,759 | = | 0.0% |
| Distributable reserves | 133 | €784,905 | €834,368 | +€49,463 | +6.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,250,416 | €1,389,637 | +€139,221 | +11.1% |
| Amounts payable after more than one year | 17 | €298,806 | €232,725 | -€66,081 | -22.1% |
| Financial debts | 170/4 | €298,806 | €232,725 | -€66,081 | -22.1% |
| Amounts payable within one year | 42/48 | €950,110 | €1,154,837 | +€204,726 | +21.5% |
| Current portion of amounts payable after more than one year | 42 | €119,219 | €129,896 | +€10,678 | +9.0% |
| Financial debts | 43 | €90,214 | €0 | -€90,214 | -100% |
| Credit institutions | 430/8 | €90,214 | €0 | -€90,214 | -100% |
| Trade debts | 44 | €75,618 | €176,109 | +€100,491 | +133% |
| Suppliers | 440/4 | €75,618 | €176,109 | +€100,491 | +133% |
| Taxes, remuneration and social security | 45 | €89,662 | €130,875 | +€41,213 | +46.0% |
| Taxes | 450/3 | €33,201 | €57,786 | +€24,585 | +74.1% |
| Remuneration and social security | 454/9 | €56,461 | €73,089 | +€16,628 | +29.4% |
| Other amounts payable | 47/48 | €575,398 | €717,957 | +€142,559 | +24.8% |
| Accrued charges and deferred income | 492/3 | €1,500 | €2,075 | +€575 | +38.4% |
| Non-recurring operating income | 76A | €10,000 | €150 | -€9,850 | -98.5% |
| Remuneration, social security and pensions | 62 | €743,905 | €763,087 | +€19,182 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €225,797 | €228,222 | +€2,425 | +1.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€27,282 | -€27,282 | |
| Other operating charges | 640/8 | €12,368 | €48,842 | +€36,474 | +295% |
| Gross operating margin | 9900 | €1,288,292 | €1,539,288 | +€250,996 | +19.5% |
| Operating profit (loss) | 9901 | €306,222 | €526,420 | +€220,198 | +71.9% |
| Financial income | 75/76B | €166 | €204 | +€37 | +22.5% |
| Recurring financial income | 75 | €166 | €204 | +€37 | +22.5% |
| Financial charges | 65/66B | €20,416 | €18,329 | -€2,088 | -10.2% |
| Recurring financial charges | 65 | €20,416 | €18,329 | -€2,088 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €285,972 | €508,294 | +€222,323 | +77.7% |
| Income taxes | 67/77 | €80,572 | €133,832 | +€53,260 | +66.1% |
| Profit (loss) for the period | 9904 | €205,400 | €374,463 | +€169,063 | +82.3% |
| Profit (loss) for the period to be appropriated | 9905 | €205,400 | €374,463 | +€169,063 | +82.3% |
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 27 October 2026 via checked.be.