LABOTHU: 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.
LABOTHU
Largest movements
- Receivables within one year -€265,378
down €265,378 (-61.2%), from €433,845 to €168,467
of which Trade receivables: -€299,656
- Tangible fixed assets -€14,772
down €14,772 (-3.4%), from €432,084 to €417,312
of which Land and buildings: -€11,276
- Other debts -€169,046
down €169,046 (-74.1%), from €228,241 to €59,195
- Trade debts -€94,000
down €94,000 (-70.8%), from €132,765 to €38,765
- Debts after one year -€21,842
down €21,842 (-6.3%), from €346,445 to €324,603
- Tax, wage and social debts -€12,210
down €12,210 (-79.3%), from €15,402 to €3,192
- Gross operating margin -€34,986
down €34,986 (-26.9%), from €130,136 to €95,149
- Financial charges -€7,166
down €7,166 (-35.7%), from €20,070 to €12,904
- Taxes -€5,019
down €5,019 (-20.2%), from €24,895 to €19,876
- Other operating charges -€3,788
down €3,788 (-31.3%), from €12,095 to €8,307
- Staff costs -€3,387
down €3,387 (-100%), from €3,387 to €0
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 | €877,403 | €592,327 | -€285,076 | -32.5% |
| Fixed assets | 21/28 | €432,084 | €417,312 | -€14,772 | -3.4% |
| Tangible fixed assets | 22/27 | €432,084 | €417,312 | -€14,772 | -3.4% |
| Land and buildings | 22 | €421,429 | €410,153 | -€11,276 | -2.7% |
| Plant, machinery and equipment | 23 | €3,002 | €2,178 | -€824 | -27.4% |
| Furniture and vehicles | 24 | €7,653 | €4,981 | -€2,671 | -34.9% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €445,319 | €175,015 | -€270,304 | -60.7% |
| Amounts receivable within one year | 40/41 | €433,845 | €168,467 | -€265,378 | -61.2% |
| Trade receivables | 40 | €369,760 | €70,104 | -€299,656 | -81.0% |
| Other amounts receivable | 41 | €64,085 | €98,363 | +€34,278 | +53.5% |
| Cash at bank and in hand | 54/58 | €4,174 | €2,982 | -€1,193 | -28.6% |
| Deferred charges and accrued income | 490/1 | €7,299 | €3,566 | -€3,734 | -51.2% |
| Total equity and liabilities | 10/49 | €877,403 | €592,327 | -€285,076 | -32.5% |
| Equity | 10/15 | €115,947 | €122,687 | +€6,740 | +5.8% |
| Contributions | 10/11 | €6,161 | €6,161 | = | 0.0% |
| Reserves | 13 | €109,786 | €116,526 | +€6,740 | +6.1% |
| Distributable reserves | 133 | €109,786 | €116,526 | +€6,740 | +6.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €761,456 | €469,640 | -€291,816 | -38.3% |
| Amounts payable after more than one year | 17 | €346,445 | €324,603 | -€21,842 | -6.3% |
| Financial debts | 170/4 | €346,445 | €324,603 | -€21,842 | -6.3% |
| Amounts payable within one year | 42/48 | €415,011 | €145,037 | -€269,974 | -65.1% |
| Current portion of amounts payable after more than one year | 42 | €31,821 | €37,132 | +€5,311 | +16.7% |
| Financial debts | 43 | €6,782 | €6,753 | -€29 | -0.4% |
| Credit institutions | 430/8 | €6,782 | €6,753 | -€29 | -0.4% |
| Trade debts | 44 | €132,765 | €38,765 | -€94,000 | -70.8% |
| Suppliers | 440/4 | €132,765 | €38,765 | -€94,000 | -70.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €15,402 | €3,192 | -€12,210 | -79.3% |
| Taxes | 450/3 | €15,402 | €3,192 | -€12,210 | -79.3% |
| Other amounts payable | 47/48 | €228,241 | €59,195 | -€169,046 | -74.1% |
| Remuneration, social security and pensions | 62 | €3,387 | €0 | -€3,387 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,616 | €17,529 | -€87 | -0.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €12,095 | €8,307 | -€3,788 | -31.3% |
| Gross operating margin | 9900 | €130,136 | €95,149 | -€34,986 | -26.9% |
| Operating profit (loss) | 9901 | €97,037 | €69,313 | -€27,724 | -28.6% |
| Financial income | 75/76B | €3,068 | €3,787 | +€719 | +23.4% |
| Recurring financial income | 75 | €3,068 | €3,787 | +€719 | +23.4% |
| Financial charges | 65/66B | €20,070 | €12,904 | -€7,166 | -35.7% |
| Recurring financial charges | 65 | €20,070 | €12,904 | -€7,166 | -35.7% |
| Profit (loss) for the period before taxes | 9903 | €80,036 | €60,197 | -€19,840 | -24.8% |
| Income taxes | 67/77 | €24,895 | €19,876 | -€5,019 | -20.2% |
| Profit (loss) for the period | 9904 | €55,141 | €40,321 | -€14,821 | -26.9% |
| Profit (loss) for the period to be appropriated | 9905 | €55,141 | €40,321 | -€14,821 | -26.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.