LABOFINANCES: 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.
LABOFINANCES
Largest movements
- Cash +€129,046
up €129,046 (+68.1%), from €189,623 to €318,669
mainly Net result for the year (+€130,795) and Accrued charges and deferred income (+€12,253)
- Intangible fixed assets -€19,191
down €19,191 (-100.0%), from €19,191 to €0
- Tangible fixed assets +€10,597
up €10,597 (+100.5%), from €10,541 to €21,138
of which Furniture and vehicles: +€12,482
- Receivables within one year -€6,226
down €6,226 (-41.9%), from €14,869 to €8,643
of which Other amounts receivable: -€6,189
- Reserves +€117,923
up €117,923 (+65.1%), from €181,170 to €299,093
of which Distributable reserves: +€117,923
- Tax, wage and social debts -€13,650
down €13,650 (-84.3%), from €16,188 to €2,538
- Accrued charges and deferred income +€12,253
new in 2025: €12,253
- Gross operating margin +€113,967
up €113,967 (+138.3%), from €82,412 to €196,379
- Taxes +€41,248
up €41,248 (+227.0%), from €18,174 to €59,422
- Depreciation -€11,061
down €11,061 (-54.1%), from €20,454 to €9,393
- Financial income +€6,323
up €6,323 (+363.0%), from €1,742 to €8,065
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 | €246,587 | €366,012 | +€119,425 | +48.4% |
| Fixed assets | 21/28 | €29,782 | €21,188 | -€8,594 | -28.9% |
| Intangible fixed assets | 21 | €19,191 | €0 | -€19,191 | -100.0% |
| Tangible fixed assets | 22/27 | €10,541 | €21,138 | +€10,597 | +100.5% |
| Furniture and vehicles | 24 | €8,124 | €20,606 | +€12,482 | +153.6% |
| Other tangible fixed assets | 26 | €2,417 | €532 | -€1,885 | -78.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €216,805 | €344,824 | +€128,019 | +59.0% |
| Amounts receivable after more than one year | 29 | €130 | €130 | = | 0.0% |
| Other amounts receivable | 291 | €130 | €130 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €14,869 | €8,643 | -€6,226 | -41.9% |
| Trade receivables | 40 | €260 | €223 | -€37 | -14.2% |
| Other amounts receivable | 41 | €14,609 | €8,420 | -€6,189 | -42.4% |
| Current investments | 50/53 | €10,800 | €14,400 | +€3,600 | +33.3% |
| Cash at bank and in hand | 54/58 | €189,623 | €318,669 | +€129,046 | +68.1% |
| Deferred charges and accrued income | 490/1 | €1,383 | €2,982 | +€1,599 | +115.6% |
| Total equity and liabilities | 10/49 | €246,587 | €366,012 | +€119,425 | +48.4% |
| Equity | 10/15 | €206,665 | €324,626 | +€117,961 | +57.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €181,170 | €299,093 | +€117,923 | +65.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €179,310 | €297,233 | +€117,923 | +65.8% |
| Profit (loss) carried forward | 14 | €6,895 | €6,933 | +€38 | +0.6% |
| Amounts payable | 17/49 | €39,922 | €41,386 | +€1,464 | +3.7% |
| Amounts payable after more than one year | 17 | €9,917 | €11,095 | +€1,178 | +11.9% |
| Financial debts | 170/4 | €9,917 | €11,095 | +€1,178 | +11.9% |
| Amounts payable within one year | 42/48 | €30,005 | €18,038 | -€11,967 | -39.9% |
| Current portion of amounts payable after more than one year | 42 | €12,906 | €14,818 | +€1,912 | +14.8% |
| Trade debts | 44 | €911 | €682 | -€229 | -25.1% |
| Suppliers | 440/4 | €911 | €682 | -€229 | -25.1% |
| Taxes, remuneration and social security | 45 | €16,188 | €2,538 | -€13,650 | -84.3% |
| Taxes | 450/3 | €16,188 | €2,538 | -€13,650 | -84.3% |
| Accrued charges and deferred income | 492/3 | - | €12,253 | +€12,253 | |
| Non-recurring operating income | 76A | - | €214,650 | +€214,650 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,454 | €9,393 | -€11,061 | -54.1% |
| Other operating charges | 640/8 | €2,716 | €2,957 | +€241 | +8.9% |
| Gross operating margin | 9900 | €82,412 | €196,379 | +€113,967 | +138.3% |
| Operating profit (loss) | 9901 | €59,242 | €184,029 | +€124,787 | +210.6% |
| Financial income | 75/76B | €1,742 | €8,065 | +€6,323 | +363.0% |
| Recurring financial income | 75 | €1,742 | €8,065 | +€6,323 | +363.0% |
| Financial charges | 65/66B | €821 | €1,877 | +€1,056 | +128.6% |
| Recurring financial charges | 65 | €821 | €1,877 | +€1,056 | +128.6% |
| Profit (loss) for the period before taxes | 9903 | €60,163 | €190,217 | +€130,054 | +216.2% |
| Income taxes | 67/77 | €18,174 | €59,422 | +€41,248 | +227.0% |
| Profit (loss) for the period | 9904 | €41,989 | €130,795 | +€88,806 | +211.5% |
| Profit (loss) for the period to be appropriated | 9905 | €41,989 | €130,795 | +€88,806 | +211.5% |
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 7 October 2026 via checked.be.