LABO4.BE: 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.
LABO4.BE
Largest movements
- Cash -€185,212
down €185,212 (-84.5%), from €219,122 to €33,910
mainly Other debts (-€211,572) and Tax, wage and social debts (-€45,888)
- Receivables within one year -€44,737
down €44,737 (-34.1%), from €131,311 to €86,574
of which Trade receivables: -€92,296
- Intangible fixed assets -€10,000
down €10,000 (-15.0%), from €66,630 to €56,630
- Other debts -€211,572
down €211,572 (-87.5%), from €241,667 to €30,095
- Profit (loss) carried forward +€48,043
up €48,043 (+24.0%), from €200,572 to €248,615
- Tax, wage and social debts -€45,888
down €45,888 (-91.7%), from €50,048 to €4,160
of which Taxes: -€47,888
- Debts after one year -€8,498
down €8,498 (-9.0%), from €94,296 to €85,798
- Accrued charges and deferred income -€7,999
no longer reported in 2025 (was €7,999)
- Gross operating margin -€185,076
down €185,076 (-67.3%), from €274,900 to €89,824
- Taxes -€43,548
down €43,548 (-77.8%), from €55,989 to €12,441
- Financial charges -€7,861
down €7,861 (-67.5%), from €11,642 to €3,781
- Depreciation -€3,283
down €3,283 (-12.1%), from €27,092 to €23,809
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 | €649,745 | €414,467 | -€235,278 | -36.2% |
| Fixed assets | 21/28 | €244,812 | €235,164 | -€9,647 | -3.9% |
| Intangible fixed assets | 21 | €66,630 | €56,630 | -€10,000 | -15.0% |
| Tangible fixed assets | 22/27 | €164,181 | €164,534 | +€353 | +0.2% |
| Land and buildings | 22 | €143,208 | €151,947 | +€8,739 | +6.1% |
| Furniture and vehicles | 24 | €20,973 | €12,587 | -€8,386 | -40.0% |
| Financial fixed assets | 28 | €14,000 | €14,000 | = | 0.0% |
| Current assets | 29/58 | €404,933 | €179,303 | -€225,631 | -55.7% |
| Stocks and contracts in progress | 3 | €52,030 | €56,706 | +€4,676 | +9.0% |
| Stocks | 30/36 | €52,030 | €56,706 | +€4,676 | +9.0% |
| Amounts receivable within one year | 40/41 | €131,311 | €86,574 | -€44,737 | -34.1% |
| Trade receivables | 40 | €131,311 | €39,015 | -€92,296 | -70.3% |
| Other amounts receivable | 41 | - | €47,559 | +€47,559 | |
| Cash at bank and in hand | 54/58 | €219,122 | €33,910 | -€185,212 | -84.5% |
| Deferred charges and accrued income | 490/1 | €2,471 | €2,113 | -€358 | -14.5% |
| Total equity and liabilities | 10/49 | €649,745 | €414,467 | -€235,278 | -36.2% |
| Equity | 10/15 | €206,572 | €254,615 | +€48,043 | +23.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €200,572 | €248,615 | +€48,043 | +24.0% |
| Amounts payable | 17/49 | €443,173 | €159,852 | -€283,321 | -63.9% |
| Amounts payable after more than one year | 17 | €94,296 | €85,798 | -€8,498 | -9.0% |
| Financial debts | 170/4 | €94,296 | €85,798 | -€8,498 | -9.0% |
| Amounts payable within one year | 42/48 | €340,878 | €74,055 | -€266,823 | -78.3% |
| Current portion of amounts payable after more than one year | 42 | €14,207 | €8,498 | -€5,709 | -40.2% |
| Trade debts | 44 | €34,956 | €31,302 | -€3,654 | -10.5% |
| Suppliers | 440/4 | €34,956 | €31,302 | -€3,654 | -10.5% |
| Taxes, remuneration and social security | 45 | €50,048 | €4,160 | -€45,888 | -91.7% |
| Taxes | 450/3 | €50,048 | €2,160 | -€47,888 | -95.7% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €241,667 | €30,095 | -€211,572 | -87.5% |
| Accrued charges and deferred income | 492/3 | €7,999 | - | -€7,999 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,092 | €23,809 | -€3,283 | -12.1% |
| Other operating charges | 640/8 | €1,608 | €1,752 | +€143 | +8.9% |
| Gross operating margin | 9900 | €274,900 | €89,824 | -€185,076 | -67.3% |
| Operating profit (loss) | 9901 | €246,200 | €64,263 | -€181,937 | -73.9% |
| Financial income | 75/76B | €130 | €1 | -€129 | -99.2% |
| Recurring financial income | 75 | €130 | €1 | -€129 | -99.2% |
| Financial charges | 65/66B | €11,642 | €3,781 | -€7,861 | -67.5% |
| Recurring financial charges | 65 | €11,642 | €3,781 | -€7,861 | -67.5% |
| Profit (loss) for the period before taxes | 9903 | €234,687 | €60,483 | -€174,204 | -74.2% |
| Income taxes | 67/77 | €55,989 | €12,441 | -€43,548 | -77.8% |
| Profit (loss) for the period | 9904 | €178,699 | €48,043 | -€130,656 | -73.1% |
| Profit (loss) for the period to be appropriated | 9905 | €178,699 | €48,043 | -€130,656 | -73.1% |
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 5 October 2026 via checked.be.