LABORO: 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.
LABORO
Largest movements
- Tangible fixed assets -€221,984
down €221,984 (-40.8%), from €543,861 to €321,877
- Cash +€183,068
up €183,068 (+4580.1%), from €3,997 to €187,065
mainly Investment in fixed assets (net) (+€190,193) and Depreciation (+€31,791)
- Profit (loss) carried forward -€41,906
new in 2025: -€41,906
- Other debts +€19,170
up €19,170 (+24.9%), from €76,911 to €96,081
- Debts after one year -€16,788
down €16,788 (-6.1%), from €274,316 to €257,528
of which Financial debts: -€31,319
- Gross operating margin -€33,957
down €33,957 (-82.5%), from €41,143 to €7,186
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 | €547,858 | €508,942 | -€38,916 | -7.1% |
| Fixed assets | 21/28 | €543,861 | €321,877 | -€221,984 | -40.8% |
| Tangible fixed assets | 22/27 | €543,861 | €321,877 | -€221,984 | -40.8% |
| Land and buildings | 22 | €543,861 | €321,877 | -€221,984 | -40.8% |
| Current assets | 29/58 | €3,997 | €187,065 | +€183,068 | +4580.1% |
| Cash at bank and in hand | 54/58 | €3,997 | €187,065 | +€183,068 | +4580.1% |
| Total equity and liabilities | 10/49 | €547,858 | €508,942 | -€38,916 | -7.1% |
| Equity | 10/15 | €164,607 | €122,701 | -€41,906 | -25.5% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €102,634 | €102,634 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,444 | €2,444 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,444 | €2,444 | = | 0.0% |
| Distributable reserves | 133 | €100,190 | €100,190 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€41,906 | -€41,906 | |
| Amounts payable | 17/49 | €383,251 | €386,241 | +€2,990 | +0.8% |
| Amounts payable after more than one year | 17 | €274,316 | €257,528 | -€16,788 | -6.1% |
| Financial debts | 170/4 | €144,692 | €113,373 | -€31,319 | -21.6% |
| Other amounts payable | 178/9 | €129,624 | €144,155 | +€14,531 | +11.2% |
| Amounts payable within one year | 42/48 | €107,872 | €128,713 | +€20,841 | +19.3% |
| Current portion of amounts payable after more than one year | 42 | €30,791 | €31,318 | +€527 | +1.7% |
| Trade debts | 44 | €170 | €1,314 | +€1,144 | +672.9% |
| Suppliers | 440/4 | €170 | €1,314 | +€1,144 | +672.9% |
| Other amounts payable | 47/48 | €76,911 | €96,081 | +€19,170 | +24.9% |
| Accrued charges and deferred income | 492/3 | €1,063 | - | -€1,063 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,791 | €31,791 | = | 0.0% |
| Gross operating margin | 9900 | €41,143 | €7,186 | -€33,957 | -82.5% |
| Operating profit (loss) | 9901 | €9,352 | -€24,605 | -€33,957 | |
| Financial income | 75/76B | €7 | €7 | = | 0.0% |
| Recurring financial income | 75 | €7 | €7 | = | 0.0% |
| Financial charges | 65/66B | €16,943 | €17,308 | +€365 | +2.2% |
| Recurring financial charges | 65 | €16,943 | €17,308 | +€365 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,584 | -€41,906 | -€34,322 | -452.6% |
| Profit (loss) for the period | 9904 | -€7,584 | -€41,906 | -€34,322 | -452.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,584 | -€41,906 | -€34,322 | -452.6% |
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.