LABO21: 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.
LABO21
Largest movements
- Cash -€15,954
down €15,954 (-20.9%), from €76,160 to €60,206
mainly Contributions, distributions and other (-€46,813) and Debts after one year (-€11,153)
- Receivables within one year +€5,661
up €5,661 (+41.6%), from €13,601 to €19,262
of which Other amounts receivable: +€3,426
- Tangible fixed assets -€5,521
down €5,521 (-24.3%), from €22,678 to €17,157
- Debts after one year -€11,153
down €11,153 (-62.8%), from €17,746 to €6,593
- Tax, wage and social debts -€5,645
down €5,645 (-44.6%), from €12,667 to €7,022
- Financial charges -€1,454
down €1,454 (-72.2%), from €2,014 to €560
- Gross operating margin -€1,128
down €1,128 (-1.7%), from €66,886 to €65,758
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 | €113,580 | €97,591 | -€15,989 | -14.1% |
| Fixed assets | 21/28 | €22,848 | €17,327 | -€5,521 | -24.2% |
| Tangible fixed assets | 22/27 | €22,678 | €17,157 | -€5,521 | -24.3% |
| Plant, machinery and equipment | 23 | €1,566 | €255 | -€1,311 | -83.7% |
| Furniture and vehicles | 24 | €5,142 | €3,150 | -€1,992 | -38.7% |
| Other tangible fixed assets | 26 | €15,970 | €13,752 | -€2,218 | -13.9% |
| Financial fixed assets | 28 | €170 | €170 | = | 0.0% |
| Current assets | 29/58 | €90,731 | €80,264 | -€10,467 | -11.5% |
| Amounts receivable within one year | 40/41 | €13,601 | €19,262 | +€5,661 | +41.6% |
| Trade receivables | 40 | €11,682 | €13,917 | +€2,234 | +19.1% |
| Other amounts receivable | 41 | €1,919 | €5,345 | +€3,426 | +178.6% |
| Cash at bank and in hand | 54/58 | €76,160 | €60,206 | -€15,954 | -20.9% |
| Deferred charges and accrued income | 490/1 | €970 | €797 | -€174 | -17.9% |
| Total equity and liabilities | 10/49 | €113,580 | €97,591 | -€15,989 | -14.1% |
| Equity | 10/15 | €30,478 | €30,478 | = | 0.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €478 | €478 | = | 0.0% |
| Amounts payable | 17/49 | €83,102 | €67,113 | -€15,989 | -19.2% |
| Amounts payable after more than one year | 17 | €17,746 | €6,593 | -€11,153 | -62.8% |
| Financial debts | 170/4 | €17,746 | €6,593 | -€11,153 | -62.8% |
| Amounts payable within one year | 42/48 | €65,355 | €60,346 | -€5,010 | -7.7% |
| Current portion of amounts payable after more than one year | 42 | €10,967 | €11,153 | +€186 | +1.7% |
| Financial debts | 43 | - | €12 | +€12 | |
| Credit institutions | 430/8 | - | €12 | +€12 | |
| Trade debts | 44 | €543 | €433 | -€110 | -20.2% |
| Suppliers | 440/4 | €543 | €433 | -€110 | -20.2% |
| Taxes, remuneration and social security | 45 | €12,667 | €7,022 | -€5,645 | -44.6% |
| Taxes | 450/3 | €12,667 | €7,022 | -€5,645 | -44.6% |
| Other amounts payable | 47/48 | €41,178 | €41,726 | +€548 | +1.3% |
| Accrued charges and deferred income | 492/3 | - | €174 | +€174 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,642 | €5,521 | -€121 | -2.1% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €66,886 | €65,758 | -€1,128 | -1.7% |
| Operating profit (loss) | 9901 | €60,857 | €59,837 | -€1,019 | -1.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,014 | €560 | -€1,454 | -72.2% |
| Recurring financial charges | 65 | €2,014 | €560 | -€1,454 | -72.2% |
| Profit (loss) for the period before taxes | 9903 | €58,843 | €59,277 | +€434 | +0.7% |
| Income taxes | 67/77 | €12,636 | €12,464 | -€172 | -1.4% |
| Profit (loss) for the period | 9904 | €46,206 | €46,813 | +€607 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €46,206 | €46,813 | +€607 | +1.3% |
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 3 October 2026 via checked.be.