LABO VVK: 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 VVK
Largest movements
- Tangible fixed assets -€29,427
down €29,427 (-17.8%), from €165,420 to €135,993
of which Plant, machinery and equipment: -€25,477
- Stocks and contracts +€18,200
up €18,200 (+44.1%), from €41,250 to €59,450
- Receivables within one year +€6,138
up €6,138 (+6.5%), from €94,784 to €100,922
of which Trade receivables: +€8,011
- Debts after one year -€36,253
down €36,253 (-54.1%), from €67,064 to €30,811
- Trade debts +€28,708
up €28,708 (+56.3%), from €50,979 to €79,688
- Other debts -€27,624
down €27,624 (-22.5%), from €122,636 to €95,012
- Profit (loss) carried forward +€20,193
up €20,193 (+11.7%), from -€173,182 to -€152,989
- Tax, wage and social debts +€6,061
new in 2025: €6,061
of which Taxes: +€4,303
- Staff costs +€10,544
new in 2025: €10,544
- Gross operating margin +€7,413
up €7,413 (+12.5%), from €59,418 to €66,831
- Financial charges -€769
down €769 (-27.3%), from €2,817 to €2,048
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 | €321,580 | €315,105 | -€6,475 | -2.0% |
| Fixed assets | 21/28 | €165,420 | €135,993 | -€29,427 | -17.8% |
| Tangible fixed assets | 22/27 | €165,420 | €135,993 | -€29,427 | -17.8% |
| Plant, machinery and equipment | 23 | €154,640 | €129,163 | -€25,477 | -16.5% |
| Furniture and vehicles | 24 | €10,780 | €6,830 | -€3,950 | -36.6% |
| Current assets | 29/58 | €156,160 | €179,112 | +€22,953 | +14.7% |
| Stocks and contracts in progress | 3 | €41,250 | €59,450 | +€18,200 | +44.1% |
| Contracts in progress | 37 | €41,250 | €59,450 | +€18,200 | +44.1% |
| Amounts receivable within one year | 40/41 | €94,784 | €100,922 | +€6,138 | +6.5% |
| Trade receivables | 40 | €92,910 | €100,922 | +€8,011 | +8.6% |
| Other amounts receivable | 41 | €1,873 | - | -€1,873 | |
| Cash at bank and in hand | 54/58 | €16,831 | €15,170 | -€1,661 | -9.9% |
| Deferred charges and accrued income | 490/1 | €3,295 | €3,570 | +€276 | +8.4% |
| Total equity and liabilities | 10/49 | €321,580 | €315,105 | -€6,475 | -2.0% |
| Equity | 10/15 | €45,418 | €65,611 | +€20,193 | +44.5% |
| Contributions | 10/11 | €218,600 | €218,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€173,182 | -€152,989 | +€20,193 | +11.7% |
| Amounts payable | 17/49 | €276,162 | €249,494 | -€26,667 | -9.7% |
| Amounts payable after more than one year | 17 | €67,064 | €30,811 | -€36,253 | -54.1% |
| Financial debts | 170/4 | €67,064 | €30,811 | -€36,253 | -54.1% |
| Amounts payable within one year | 42/48 | €209,098 | €217,014 | +€7,916 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €35,482 | €36,253 | +€770 | +2.2% |
| Trade debts | 44 | €50,979 | €79,688 | +€28,708 | +56.3% |
| Suppliers | 440/4 | €50,979 | €79,688 | +€28,708 | +56.3% |
| Taxes, remuneration and social security | 45 | - | €6,061 | +€6,061 | |
| Taxes | 450/3 | - | €4,303 | +€4,303 | |
| Remuneration and social security | 454/9 | - | €1,758 | +€1,758 | |
| Other amounts payable | 47/48 | €122,636 | €95,012 | -€27,624 | -22.5% |
| Accrued charges and deferred income | 492/3 | - | €1,670 | +€1,670 | |
| Remuneration, social security and pensions | 62 | - | €10,544 | +€10,544 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,277 | €33,857 | +€580 | +1.7% |
| Other operating charges | 640/8 | €206 | €190 | -€16 | -7.8% |
| Gross operating margin | 9900 | €59,418 | €66,831 | +€7,413 | +12.5% |
| Operating profit (loss) | 9901 | €25,935 | €22,240 | -€3,695 | -14.2% |
| Financial income | 75/76B | €44 | €1 | -€43 | -97.7% |
| Recurring financial income | 75 | €44 | €1 | -€43 | -97.7% |
| Financial charges | 65/66B | €2,817 | €2,048 | -€769 | -27.3% |
| Recurring financial charges | 65 | €2,817 | €2,048 | -€769 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €23,162 | €20,193 | -€2,969 | -12.8% |
| Profit (loss) for the period | 9904 | €23,162 | €20,193 | -€2,969 | -12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,162 | €20,193 | -€2,969 | -12.8% |
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 19 October 2026 via checked.be.