LABORIM: 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.
LABORIM
Largest movements
- Stocks and contracts -€61,930
down €61,930 (-13.1%), from €472,373 to €410,443
- Cash +€12,192
up €12,192 (+234%), from €5,199 to €17,391
mainly Short-term financial debts (+€113,000) and Stocks and contracts (+€61,930)
- Trade debts -€218,118
down €218,118 (-68.5%), from €318,476 to €100,357
- Short-term financial debts +€113,000
up €113,000 (+65.3%), from €173,000 to €286,000
- Tax, wage and social debts +€39,693
up €39,693 (+72.0%), from €55,162 to €94,855
of which Taxes: +€42,013
- Profit (loss) carried forward +€32,732
up €32,732 (+10.4%), from €315,073 to €347,805
- Other debts -€11,162
down €11,162 (-65.2%), from €17,120 to €5,959
- Gross operating margin +€11,332
up €11,332 (+5.2%), from €219,972 to €231,304
- Financial charges +€8,083
up €8,083 (+24.7%), from €32,782 to €40,864
- Staff costs -€4,365
down €4,365 (-3.2%), from €136,114 to €131,749
- Taxes +€2,723
up €2,723 (+27.1%), from €10,040 to €12,763
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 | €956,181 | €903,938 | -€52,243 | -5.5% |
| Fixed assets | 21/28 | €35,613 | €26,213 | -€9,400 | -26.4% |
| Intangible fixed assets | 21 | €1,889 | €1,206 | -€683 | -36.2% |
| Tangible fixed assets | 22/27 | €33,723 | €25,007 | -€8,717 | -25.8% |
| Plant, machinery and equipment | 23 | €6,367 | €4,564 | -€1,803 | -28.3% |
| Furniture and vehicles | 24 | €21,833 | €15,543 | -€6,290 | -28.8% |
| Other tangible fixed assets | 26 | €5,524 | €4,900 | -€624 | -11.3% |
| Current assets | 29/58 | €920,568 | €877,725 | -€42,843 | -4.7% |
| Stocks and contracts in progress | 3 | €472,373 | €410,443 | -€61,930 | -13.1% |
| Stocks | 30/36 | €472,373 | €410,443 | -€61,930 | -13.1% |
| Amounts receivable within one year | 40/41 | €439,916 | €449,227 | +€9,310 | +2.1% |
| Trade receivables | 40 | €439,876 | €441,127 | +€1,251 | +0.3% |
| Other amounts receivable | 41 | €40 | €8,100 | +€8,059 | +19,919% |
| Cash at bank and in hand | 54/58 | €5,199 | €17,391 | +€12,192 | +234% |
| Deferred charges and accrued income | 490/1 | €3,078 | €664 | -€2,414 | -78.4% |
| Total equity and liabilities | 10/49 | €956,181 | €903,938 | -€52,243 | -5.5% |
| Equity | 10/15 | €371,566 | €404,297 | +€32,732 | +8.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €36,032 | €36,032 | = | 0.0% |
| Distributable reserves | 133 | €36,032 | €36,032 | = | 0.0% |
| Profit (loss) carried forward | 14 | €315,073 | €347,805 | +€32,732 | +10.4% |
| Amounts payable | 17/49 | €584,615 | €499,641 | -€84,974 | -14.5% |
| Amounts payable after more than one year | 17 | €9,760 | €1,984 | -€7,776 | -79.7% |
| Financial debts | 170/4 | €9,760 | €1,984 | -€7,776 | -79.7% |
| Amounts payable within one year | 42/48 | €571,281 | €494,946 | -€76,335 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €7,523 | €7,776 | +€253 | +3.4% |
| Financial debts | 43 | €173,000 | €286,000 | +€113,000 | +65.3% |
| Credit institutions | 430/8 | €173,000 | €286,000 | +€113,000 | +65.3% |
| Trade debts | 44 | €318,476 | €100,357 | -€218,118 | -68.5% |
| Suppliers | 440/4 | €318,476 | €100,357 | -€218,118 | -68.5% |
| Taxes, remuneration and social security | 45 | €55,162 | €94,855 | +€39,693 | +72.0% |
| Taxes | 450/3 | €36,785 | €78,798 | +€42,013 | +114% |
| Remuneration and social security | 454/9 | €18,377 | €16,056 | -€2,320 | -12.6% |
| Other amounts payable | 47/48 | €17,120 | €5,959 | -€11,162 | -65.2% |
| Accrued charges and deferred income | 492/3 | €3,574 | €2,710 | -€864 | -24.2% |
| Remuneration, social security and pensions | 62 | €136,114 | €131,749 | -€4,365 | -3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,418 | €12,170 | -€248 | -2.0% |
| Other operating charges | 640/8 | €1,820 | €1,047 | -€773 | -42.5% |
| Gross operating margin | 9900 | €219,972 | €231,304 | +€11,332 | +5.2% |
| Operating profit (loss) | 9901 | €69,620 | €86,338 | +€16,718 | +24.0% |
| Financial income | 75/76B | €707 | €21 | -€686 | -97.1% |
| Recurring financial income | 75 | €707 | €21 | -€686 | -97.1% |
| Financial charges | 65/66B | €32,782 | €40,864 | +€8,083 | +24.7% |
| Recurring financial charges | 65 | €32,782 | €40,864 | +€8,083 | +24.7% |
| Profit (loss) for the period before taxes | 9903 | €37,545 | €45,494 | +€7,949 | +21.2% |
| Income taxes | 67/77 | €10,040 | €12,763 | +€2,723 | +27.1% |
| Profit (loss) for the period | 9904 | €27,506 | €32,732 | +€5,226 | +19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,506 | €32,732 | +€5,226 | +19.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.