Laborex Group: 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.
Laborex Group
Largest movements
- Financial fixed assets +€3.3m
up €3.3m (+30.8%), from €10.6m to €13.8m
- Receivables after one year -€250,000
no longer reported in 2025 (was €250,000)
- Debts after one year +€3.2m
up €3.2m (+83.6%), from €3.8m to €7.1m
- Short-term financial debts -€870,000
no longer reported in 2025 (was €870,000)
- Current portion of long-term debt +€325,573
up €325,573 (+111.9%), from €291,049 to €616,622
- Financial charges +€267,353
up €267,353 (+164.9%), from €162,170 to €429,523
- Financial income +€260,000
new in 2025: €260,000
- Gross operating margin +€29,063
up €29,063 (+13.5%), from €215,989 to €245,051
- Taxes -€13,196
no longer reported in 2025 (was €13,196)
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 | €11,779,729 | €14,652,870 | +€2.9m | +24.4% |
| Fixed assets | 21/28 | €10,554,046 | €13,804,046 | +€3.3m | +30.8% |
| Financial fixed assets | 28 | €10,554,046 | €13,804,046 | +€3.3m | +30.8% |
| Current assets | 29/58 | €1,225,682 | €848,823 | -€376,859 | -30.7% |
| Amounts receivable after more than one year | 29 | €250,000 | - | -€250,000 | |
| Other amounts receivable | 291 | €250,000 | - | -€250,000 | |
| Amounts receivable within one year | 40/41 | €822,405 | €802,044 | -€20,360 | -2.5% |
| Trade receivables | 40 | €591,239 | €492,044 | -€99,194 | -16.8% |
| Other amounts receivable | 41 | €231,166 | €310,000 | +€78,834 | +34.1% |
| Cash at bank and in hand | 54/58 | €150,266 | €34,643 | -€115,623 | -76.9% |
| Deferred charges and accrued income | 490/1 | €3,012 | €12,136 | +€9,124 | +302.9% |
| Total equity and liabilities | 10/49 | €11,779,729 | €14,652,870 | +€2.9m | +24.4% |
| Equity | 10/15 | €6,568,490 | €6,643,185 | +€74,694 | +1.1% |
| Contributions | 10/11 | €6,529,420 | €6,529,420 | = | 0.0% |
| Reserves | 13 | €39,070 | €113,765 | +€74,694 | +191.2% |
| Distributable reserves | 133 | €39,070 | €113,765 | +€74,694 | +191.2% |
| Amounts payable | 17/49 | €5,211,238 | €8,009,685 | +€2.8m | +53.7% |
| Amounts payable after more than one year | 17 | €3,847,257 | €7,064,130 | +€3.2m | +83.6% |
| Financial debts | 170/4 | €3,847,257 | €7,064,130 | +€3.2m | +83.6% |
| Amounts payable within one year | 42/48 | €1,363,981 | €833,420 | -€530,562 | -38.9% |
| Current portion of amounts payable after more than one year | 42 | €291,049 | €616,622 | +€325,573 | +111.9% |
| Financial debts | 43 | €870,000 | - | -€870,000 | |
| Credit institutions | 430/8 | €870,000 | - | -€870,000 | |
| Trade debts | 44 | €160,213 | €180,766 | +€20,554 | +12.8% |
| Suppliers | 440/4 | €160,213 | €180,766 | +€20,554 | +12.8% |
| Taxes, remuneration and social security | 45 | €42,719 | €36,031 | -€6,688 | -15.7% |
| Taxes | 450/3 | €42,719 | €36,031 | -€6,688 | -15.7% |
| Accrued charges and deferred income | 492/3 | - | €112,135 | +€112,135 | |
| Other operating charges | 640/8 | €1,552 | €835 | -€718 | -46.2% |
| Gross operating margin | 9900 | €215,989 | €245,051 | +€29,063 | +13.5% |
| Operating profit (loss) | 9901 | €214,436 | €244,217 | +€29,781 | +13.9% |
| Financial income | 75/76B | - | €260,000 | +€260,000 | |
| Recurring financial income | 75 | - | €260,000 | +€260,000 | |
| Financial charges | 65/66B | €162,170 | €429,523 | +€267,353 | +164.9% |
| Recurring financial charges | 65 | €162,170 | €429,523 | +€267,353 | +164.9% |
| Profit (loss) for the period before taxes | 9903 | €52,266 | €74,694 | +€22,428 | +42.9% |
| Income taxes | 67/77 | €13,196 | - | -€13,196 | |
| Profit (loss) for the period | 9904 | €39,070 | €74,694 | +€35,624 | +91.2% |
| Profit (loss) for the period to be appropriated | 9905 | €39,070 | €74,694 | +€35,624 | +91.2% |
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 6 October 2026 via checked.be.