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Labos: 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.

What changed

Labos

BE 0441.120.663
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€4,063
2023 · €16,460-€12,397
Equity
€64,164
2023 · €60,100+€4,063
Cash
€20,699
2023 · €12,172+€8,527
Balance sheet total
€107,646
2023 · €66,029+€41,616

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets +€42,619

    up €42,619 (+1148.8%), from €3,710 to €46,329

    of which Furniture and vehicles: +€43,310

  • Cash +€8,527

    up €8,527 (+70.1%), from €12,172 to €20,699

    mainly Debts after one year (+€29,432) and Deferred charges and accrued income (+€8,497)

  • Deferred charges and accrued income -€8,497

    down €8,497 (-58.8%), from €14,444 to €5,947

Equity and liabilities
  • Debts after one year +€29,432

    new in 2024: €29,432

  • Current portion of long-term debt +€6,758

    new in 2024: €6,758

  • Reserves +€4,063

    up €4,063 (+14.3%), from €28,410 to €32,473

    of which Distributable reserves: +€4,063

  • Trade debts +€1,572

    up €1,572 (+99.9%), from €1,574 to €3,146

Income statement
  • Gross operating margin -€19,195

    down €19,195 (-71.6%), from €26,824 to €7,629

  • Taxes -€6,372

    down €6,372 (-77.3%), from €8,240 to €1,868

  • Other operating charges -€2,193

    down €2,193 (-80.6%), from €2,721 to €528

  • Financial income -€1,152

    down €1,152 (-84.1%), from €1,370 to €218

  • Depreciation +€480

    up €480 (+69.4%), from €691 to €1,171

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €16,460
Gross operating margin -€19,195
Depreciation -€480
Other operating charges +€2,193
Financial income -€1,152
Financial charges -€135
Taxes +€6,372
Result 2024 €4,063

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€16,127
Investment -€43,790
Financing +€36,190
Cash 2023 €12,172
Net result for the year +€4,063
Depreciation +€1,171
Receivables within one year +€1,032
Deferred charges and accrued income +€8,497
Trade debts +€1,572
Tax, wage and social debts -€209
Investment in fixed assets (net) -€43,790
Debts after one year +€29,432
Current portion of long-term debt +€6,758
Cash 2024 €20,699
Every line side by side 40 lines
Line Code 2023 2024 Change %
Total assets 20/58 €66,029 €107,646 +€41,616 +63.0%
Fixed assets 21/28 €3,710 €46,329 +€42,619 +1148.8%
Tangible fixed assets 22/27 €3,710 €46,329 +€42,619 +1148.8%
Land and buildings 22 €3,710 €3,019 -€691 -18.6%
Furniture and vehicles 24 - €43,310 +€43,310
Financial fixed assets 28 €0 - =
Current assets 29/58 €62,319 €61,317 -€1,003 -1.6%
Amounts receivable within one year 40/41 €35,703 €34,671 -€1,032 -2.9%
Other amounts receivable 41 €35,703 €34,671 -€1,032 -2.9%
Cash at bank and in hand 54/58 €12,172 €20,699 +€8,527 +70.1%
Deferred charges and accrued income 490/1 €14,444 €5,947 -€8,497 -58.8%
Total equity and liabilities 10/49 €66,029 €107,646 +€41,616 +63.0%
Equity 10/15 €60,100 €64,164 +€4,063 +6.8%
Contributions 10/11 €20,460 €20,460 = 0.0%
Reserves 13 €28,410 €32,473 +€4,063 +14.3%
Tax-exempt reserves 132 €11,949 €11,949 = 0.0%
Distributable reserves 133 €16,460 €20,524 +€4,063 +24.7%
Profit (loss) carried forward 14 €11,230 €11,230 = 0.0%
Amounts payable 17/49 €5,929 €43,482 +€37,553 +633.4%
Amounts payable after more than one year 17 - €29,432 +€29,432
Financial debts 170/4 - €29,432 +€29,432
Amounts payable within one year 42/48 €5,929 €14,050 +€8,121 +137.0%
Current portion of amounts payable after more than one year 42 - €6,758 +€6,758
Trade debts 44 €1,574 €3,146 +€1,572 +99.9%
Suppliers 440/4 €1,574 €3,146 +€1,572 +99.9%
Taxes, remuneration and social security 45 €4,355 €4,146 -€209 -4.8%
Taxes 450/3 €4,355 €4,146 -€209 -4.8%
Other amounts payable 47/48 €0 - =
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €691 €1,171 +€480 +69.4%
Other operating charges 640/8 €2,721 €528 -€2,193 -80.6%
Gross operating margin 9900 €26,824 €7,629 -€19,195 -71.6%
Operating profit (loss) 9901 €23,412 €5,930 -€17,482 -74.7%
Financial income 75/76B €1,370 €218 -€1,152 -84.1%
Recurring financial income 75 €1,370 €218 -€1,152 -84.1%
Financial charges 65/66B €81 €216 +€135 +165.5%
Recurring financial charges 65 €81 €216 +€135 +165.5%
Profit (loss) for the period before taxes 9903 €24,700 €5,931 -€18,769 -76.0%
Income taxes 67/77 €8,240 €1,868 -€6,372 -77.3%
Profit (loss) for the period 9904 €16,460 €4,063 -€12,397 -75.3%
Profit (loss) for the period to be appropriated 9905 €16,460 €4,063 -€12,397 -75.3%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.