LABOGI: 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.
LABOGI
Largest movements
- Tangible fixed assets -€333,292
down €333,292 (-25.9%), from €1.3m to €953,836
of which Land and buildings: -€305,120
- Cash +€317,481
up €317,481 (+1871.7%), from €16,962 to €334,443
mainly Investment in fixed assets (net) (+€285,042) and Depreciation (+€48,250)
- Debts after one year -€38,000
down €38,000 (-20.2%), from €188,090 to €150,090
- Profit (loss) carried forward +€30,848
up €30,848 (+4.2%), from €733,301 to €764,149
- Depreciation -€31,407
down €31,407 (-39.4%), from €79,657 to €48,250
- Taxes +€10,760
new in 2025: €10,760
- Gross operating margin +€973
up €973 (+1.1%), from €88,146 to €89,119
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 | €1,313,334 | €1,291,045 | -€22,289 | -1.7% |
| Fixed assets | 21/28 | €1,287,128 | €953,836 | -€333,292 | -25.9% |
| Tangible fixed assets | 22/27 | €1,287,128 | €953,836 | -€333,292 | -25.9% |
| Land and buildings | 22 | €1,218,452 | €913,332 | -€305,120 | -25.0% |
| Plant, machinery and equipment | 23 | €68,676 | €40,504 | -€28,172 | -41.0% |
| Current assets | 29/58 | €26,206 | €337,209 | +€311,003 | +1186.8% |
| Amounts receivable within one year | 40/41 | €4,695 | - | -€4,695 | |
| Trade receivables | 40 | €695 | - | -€695 | |
| Other amounts receivable | 41 | €4,000 | - | -€4,000 | |
| Cash at bank and in hand | 54/58 | €16,962 | €334,443 | +€317,481 | +1871.7% |
| Deferred charges and accrued income | 490/1 | €4,548 | €2,766 | -€1,782 | -39.2% |
| Total equity and liabilities | 10/49 | €1,313,334 | €1,291,045 | -€22,289 | -1.7% |
| Equity | 10/15 | €993,834 | €1,014,079 | +€20,245 | +2.0% |
| 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 | €198,533 | €187,930 | -€10,603 | -5.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €192,333 | €181,730 | -€10,603 | -5.5% |
| Profit (loss) carried forward | 14 | €733,301 | €764,149 | +€30,848 | +4.2% |
| Provisions and deferred taxes | 16 | €64,111 | €60,577 | -€3,534 | -5.5% |
| Deferred taxes | 168 | €64,111 | €60,577 | -€3,534 | -5.5% |
| Amounts payable | 17/49 | €255,389 | €216,390 | -€38,999 | -15.3% |
| Amounts payable after more than one year | 17 | €188,090 | €150,090 | -€38,000 | -20.2% |
| Financial debts | 170/4 | €188,090 | €150,090 | -€38,000 | -20.2% |
| Amounts payable within one year | 42/48 | €60,959 | €63,371 | +€2,412 | +4.0% |
| Trade debts | 44 | €6,659 | €998 | -€5,661 | -85.0% |
| Suppliers | 440/4 | €6,659 | €998 | -€5,661 | -85.0% |
| Taxes, remuneration and social security | 45 | - | €3,760 | +€3,760 | |
| Taxes | 450/3 | - | €3,760 | +€3,760 | |
| Other amounts payable | 47/48 | €54,299 | €58,613 | +€4,313 | +7.9% |
| Accrued charges and deferred income | 492/3 | €6,341 | €2,929 | -€3,412 | -53.8% |
| Non-recurring operating income | 76A | €688 | - | -€688 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,657 | €48,250 | -€31,407 | -39.4% |
| Other operating charges | 640/8 | €12,621 | €13,121 | +€500 | +4.0% |
| Non-recurring operating charges | 66A | €6,875 | - | -€6,875 | |
| Gross operating margin | 9900 | €88,146 | €89,119 | +€973 | +1.1% |
| Operating profit (loss) | 9901 | -€11,007 | €27,747 | +€38,754 | |
| Financial income | 75/76B | €45 | - | -€45 | |
| Recurring financial income | 75 | €45 | - | -€45 | |
| Financial charges | 65/66B | €514 | €276 | -€238 | -46.3% |
| Recurring financial charges | 65 | €514 | €276 | -€238 | -46.3% |
| Profit (loss) for the period before taxes | 9903 | -€11,476 | €27,471 | +€38,947 | |
| Transfer from deferred taxes | 780 | €2,598 | €3,534 | +€936 | +36.0% |
| Income taxes | 67/77 | - | €10,760 | +€10,760 | |
| Profit (loss) for the period | 9904 | -€8,878 | €20,245 | +€29,123 | |
| Transfer from tax-exempt reserves | 789 | €7,795 | €10,603 | +€2,808 | +36.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,083 | €30,848 | +€31,931 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.