LABORE: 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.
LABORE
Largest movements
- Cash +€13,872
up €13,872 (+129.9%), from €10,681 to €24,553
mainly Net result for the year (+€22,037) and Trade debts (+€3,145)
- Current investments +€5,520
up €5,520 (+130.8%), from €4,220 to €9,740
- Receivables within one year +€4,103
up €4,103 (+28.3%), from €14,500 to €18,603
of which Other amounts receivable: +€4,103
- Tangible fixed assets +€4,039
up €4,039 (+51.8%), from €7,790 to €11,830
of which Furniture and vehicles: +€4,577
- Deferred charges and accrued income +€1,569
up €1,569 (+159.6%), from €983 to €2,552
- Profit (loss) carried forward +€22,037
up €22,037 (+86.7%), from €25,425 to €47,462
- Trade debts +€3,145
up €3,145 (+1250.7%), from €251 to €3,396
- Tax, wage and social debts +€3,121
up €3,121 (+29.7%), from €10,498 to €13,618
of which Taxes: +€3,121
- Accrued charges and deferred income +€800
new in 2025: €800
- Gross operating margin +€4,247
up €4,247 (+16.2%), from €26,295 to €30,542
- Financial income +€1,346
up €1,346 (+466.2%), from €289 to €1,634
- Depreciation +€1,128
up €1,128 (+113.0%), from €998 to €2,127
- Taxes +€859
up €859 (+12.3%), from €6,968 to €7,828
- Financial charges -€468
down €468 (-71.8%), from €652 to €184
of which Non-recurring financial charges: -€534
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 | €38,174 | €67,277 | +€29,103 | +76.2% |
| Fixed assets | 21/28 | €7,790 | €11,830 | +€4,039 | +51.8% |
| Tangible fixed assets | 22/27 | €7,790 | €11,830 | +€4,039 | +51.8% |
| Furniture and vehicles | 24 | €2,531 | €7,108 | +€4,577 | +180.9% |
| Other tangible fixed assets | 26 | €5,260 | €4,722 | -€538 | -10.2% |
| Current assets | 29/58 | €30,384 | €55,447 | +€25,064 | +82.5% |
| Amounts receivable within one year | 40/41 | €14,500 | €18,603 | +€4,103 | +28.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €14,500 | €18,603 | +€4,103 | +28.3% |
| Current investments | 50/53 | €4,220 | €9,740 | +€5,520 | +130.8% |
| Cash at bank and in hand | 54/58 | €10,681 | €24,553 | +€13,872 | +129.9% |
| Deferred charges and accrued income | 490/1 | €983 | €2,552 | +€1,569 | +159.6% |
| Total equity and liabilities | 10/49 | €38,174 | €67,277 | +€29,103 | +76.2% |
| Equity | 10/15 | €27,425 | €49,462 | +€22,037 | +80.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,425 | €47,462 | +€22,037 | +86.7% |
| Amounts payable | 17/49 | €10,749 | €17,815 | +€7,066 | +65.7% |
| Amounts payable within one year | 42/48 | €10,749 | €17,015 | +€6,266 | +58.3% |
| Trade debts | 44 | €251 | €3,396 | +€3,145 | +1250.7% |
| Suppliers | 440/4 | €251 | €3,396 | +€3,145 | +1250.7% |
| Taxes, remuneration and social security | 45 | €10,498 | €13,618 | +€3,121 | +29.7% |
| Taxes | 450/3 | €10,338 | €13,458 | +€3,121 | +30.2% |
| Remuneration and social security | 454/9 | €160 | €160 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €800 | +€800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €998 | €2,127 | +€1,128 | +113.0% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €26,295 | €30,542 | +€4,247 | +16.2% |
| Operating profit (loss) | 9901 | €25,297 | €28,415 | +€3,118 | +12.3% |
| Financial income | 75/76B | €289 | €1,634 | +€1,346 | +466.2% |
| Recurring financial income | 75 | €289 | €1,634 | +€1,346 | +466.2% |
| Financial charges | 65/66B | €652 | €184 | -€468 | -71.8% |
| Recurring financial charges | 65 | €118 | €184 | +€65 | +55.3% |
| Non-recurring financial charges | 66B | €534 | - | -€534 | |
| Profit (loss) for the period before taxes | 9903 | €24,933 | €29,865 | +€4,932 | +19.8% |
| Income taxes | 67/77 | €6,968 | €7,828 | +€859 | +12.3% |
| Profit (loss) for the period | 9904 | €17,965 | €22,037 | +€4,073 | +22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,965 | €22,037 | +€4,073 | +22.7% |
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.