LABON: 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.
LABON
Largest movements
- Cash -€20,027
down €20,027 (-100.0%), from €20,031 to €4
mainly Trade debts (-€32,054) and Investment in fixed assets (net) (-€27,547)
- Tangible fixed assets +€12,876
up €12,876 (+5.5%), from €236,206 to €249,082
of which Land and buildings: +€9,049
- Receivables within one year -€9,105
down €9,105 (-42.7%), from €21,315 to €12,210
of which Other amounts receivable: -€7,356
- Trade debts -€32,054
down €32,054 (-85.5%), from €37,509 to €5,455
- Debts after one year +€26,707
new in 2025: €26,707
- Other debts -€18,963
down €18,963 (-35.0%), from €54,167 to €35,204
- Current portion of long-term debt +€8,054
new in 2025: €8,054
- Profit (loss) carried forward -€7,686
down €7,686 (-27.7%), from €27,717 to €20,031
- Gross operating margin -€32,933
down €32,933 (-72.1%), from €45,649 to €12,716
- Taxes -€6,253
down €6,253 (-99.6%), from €6,281 to €28
- Depreciation +€4,525
up €4,525 (+44.6%), from €10,146 to €14,671
- Financial charges +€2,102
up €2,102 (+567%), from €371 to €2,473
- Other operating charges +€1,303
up €1,303 (+64.3%), from €2,027 to €3,330
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 | €277,552 | €261,295 | -€16,257 | -5.9% |
| Fixed assets | 21/28 | €236,206 | €249,082 | +€12,876 | +5.5% |
| Tangible fixed assets | 22/27 | €236,206 | €249,082 | +€12,876 | +5.5% |
| Land and buildings | 22 | €205,295 | €214,344 | +€9,049 | +4.4% |
| Plant, machinery and equipment | 23 | €30,631 | €34,503 | +€3,872 | +12.6% |
| Furniture and vehicles | 24 | €280 | €235 | -€45 | -16.2% |
| Current assets | 29/58 | €41,346 | €12,213 | -€29,133 | -70.5% |
| Amounts receivable within one year | 40/41 | €21,315 | €12,210 | -€9,105 | -42.7% |
| Trade receivables | 40 | €12,340 | €10,590 | -€1,750 | -14.2% |
| Other amounts receivable | 41 | €8,975 | €1,619 | -€7,356 | -82.0% |
| Cash at bank and in hand | 54/58 | €20,031 | €4 | -€20,027 | -100.0% |
| Total equity and liabilities | 10/49 | €277,552 | €261,295 | -€16,257 | -5.9% |
| Equity | 10/15 | €179,594 | €171,908 | -€7,686 | -4.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €133,277 | €133,277 | -€0 | 0.0% |
| 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 | €131,417 | €131,417 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €27,717 | €20,031 | -€7,686 | -27.7% |
| Amounts payable | 17/49 | €97,958 | €89,387 | -€8,571 | -8.7% |
| Amounts payable after more than one year | 17 | - | €26,707 | +€26,707 | |
| Financial debts | 170/4 | - | €26,707 | +€26,707 | |
| Amounts payable within one year | 42/48 | €97,958 | €62,680 | -€35,278 | -36.0% |
| Current portion of amounts payable after more than one year | 42 | - | €8,054 | +€8,054 | |
| Financial debts | 43 | - | €7,685 | +€7,685 | |
| Credit institutions | 430/8 | - | €7,685 | +€7,685 | |
| Trade debts | 44 | €37,509 | €5,455 | -€32,054 | -85.5% |
| Suppliers | 440/4 | €37,509 | €5,455 | -€32,054 | -85.5% |
| Taxes, remuneration and social security | 45 | €6,282 | €6,282 | -€1 | 0.0% |
| Taxes | 450/3 | €6,282 | €6,282 | -€1 | 0.0% |
| Other amounts payable | 47/48 | €54,167 | €35,204 | -€18,963 | -35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,146 | €14,671 | +€4,525 | +44.6% |
| Other operating charges | 640/8 | €2,027 | €3,330 | +€1,303 | +64.3% |
| Gross operating margin | 9900 | €45,649 | €12,716 | -€32,933 | -72.1% |
| Operating profit (loss) | 9901 | €33,476 | -€5,285 | -€38,761 | |
| Financial income | 75/76B | €6 | €100 | +€94 | +1,562% |
| Recurring financial income | 75 | €6 | €100 | +€94 | +1,562% |
| Financial charges | 65/66B | €371 | €2,473 | +€2,102 | +567% |
| Recurring financial charges | 65 | €371 | €2,473 | +€2,102 | +567% |
| Profit (loss) for the period before taxes | 9903 | €33,111 | -€7,658 | -€40,769 | |
| Income taxes | 67/77 | €6,281 | €28 | -€6,253 | -99.6% |
| Profit (loss) for the period | 9904 | €26,830 | -€7,686 | -€34,516 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,830 | -€7,686 | -€34,516 |
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 14 October 2026 via checked.be.