LABOTOUR: 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.
LABOTOUR
Largest movements
- Financial fixed assets +€753,548
up €753,548 (+675525.2%), from €112 to €753,660
- Current investments -€198,258
down €198,258 (-65.7%), from €301,737 to €103,479
- Cash -€31,562
down €31,562 (-58.1%), from €54,345 to €22,783
mainly Investment in fixed assets (net) (-€753,548) and Provisions (-€27,822)
- Receivables within one year +€19,974
up €19,974 (+22.5%), from €88,854 to €108,827
of which Trade receivables: +€26,123
- Tangible fixed assets -€15,188
down €15,188 (-22.0%), from €68,926 to €53,738
of which Plant, machinery and equipment: -€13,074
- Debts after one year +€321,643
new in 2025: €321,643
- Other debts +€104,756
new in 2025: €104,756
- Current portion of long-term debt +€95,460
new in 2025: €95,460
- Profit (loss) carried forward +€34,697
up €34,697 (+10.5%), from €328,964 to €363,661
- Provisions -€27,822
no longer reported in 2025 (was €27,822)
- Gross operating margin -€53,097
down €53,097 (-20.3%), from €261,102 to €208,005
- Provisions -€28,647
down €28,647, from €825 to -€27,822
- Staff costs -€16,965
down €16,965 (-9.6%), from €176,327 to €159,362
- Financial charges +€15,281
up €15,281 (+8791.8%), from €174 to €15,455
- Taxes -€5,313
down €5,313 (-28.7%), from €18,539 to €13,226
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 | €513,973 | €1,042,487 | +€528,513 | +102.8% |
| Fixed assets | 21/28 | €69,038 | €807,398 | +€738,360 | +1069.5% |
| Tangible fixed assets | 22/27 | €68,926 | €53,738 | -€15,188 | -22.0% |
| Plant, machinery and equipment | 23 | €62,962 | €49,888 | -€13,074 | -20.8% |
| Furniture and vehicles | 24 | €5,964 | €3,850 | -€2,114 | -35.5% |
| Financial fixed assets | 28 | €112 | €753,660 | +€753,548 | +675525.2% |
| Current assets | 29/58 | €444,936 | €235,089 | -€209,847 | -47.2% |
| Amounts receivable within one year | 40/41 | €88,854 | €108,827 | +€19,974 | +22.5% |
| Trade receivables | 40 | €64,603 | €90,726 | +€26,123 | +40.4% |
| Other amounts receivable | 41 | €24,250 | €18,101 | -€6,149 | -25.4% |
| Current investments | 50/53 | €301,737 | €103,479 | -€198,258 | -65.7% |
| Cash at bank and in hand | 54/58 | €54,345 | €22,783 | -€31,562 | -58.1% |
| Total equity and liabilities | 10/49 | €513,973 | €1,042,487 | +€528,513 | +102.8% |
| Equity | 10/15 | €397,209 | €431,906 | +€34,697 | +8.7% |
| Contributions | 10/11 | €62,048 | €62,048 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Outside capital | 11 | €74 | €74 | = | 0.0% |
| Share premium | 1100/10 | €74 | €74 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €328,964 | €363,661 | +€34,697 | +10.5% |
| Provisions and deferred taxes | 16 | €27,822 | - | -€27,822 | |
| Provisions for liabilities and charges | 160/5 | €27,822 | - | -€27,822 | |
| Other liabilities and charges | 164/5 | €27,822 | - | -€27,822 | |
| Amounts payable | 17/49 | €88,942 | €610,581 | +€521,639 | +586.5% |
| Amounts payable after more than one year | 17 | - | €321,643 | +€321,643 | |
| Financial debts | 170/4 | - | €321,643 | +€321,643 | |
| Amounts payable within one year | 42/48 | €88,942 | €288,938 | +€199,995 | +224.9% |
| Current portion of amounts payable after more than one year | 42 | - | €95,460 | +€95,460 | |
| Trade debts | 44 | €40,542 | €46,244 | +€5,702 | +14.1% |
| Suppliers | 440/4 | €40,542 | €46,244 | +€5,702 | +14.1% |
| Taxes, remuneration and social security | 45 | €48,401 | €42,478 | -€5,922 | -12.2% |
| Taxes | 450/3 | €25,671 | €22,034 | -€3,637 | -14.2% |
| Remuneration and social security | 454/9 | €22,729 | €20,444 | -€2,285 | -10.1% |
| Other amounts payable | 47/48 | - | €104,756 | +€104,756 | |
| Remuneration, social security and pensions | 62 | €176,327 | €159,362 | -€16,965 | -9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,467 | €15,188 | -€2,278 | -13.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €825 | -€27,822 | -€28,647 | |
| Other operating charges | 640/8 | €883 | €1,133 | +€250 | +28.3% |
| Gross operating margin | 9900 | €261,102 | €208,005 | -€53,097 | -20.3% |
| Operating profit (loss) | 9901 | €65,600 | €60,144 | -€5,457 | -8.3% |
| Financial income | 75/76B | €3,989 | €3,234 | -€755 | -18.9% |
| Recurring financial income | 75 | €3,989 | €3,234 | -€755 | -18.9% |
| Financial charges | 65/66B | €174 | €15,455 | +€15,281 | +8791.8% |
| Recurring financial charges | 65 | €174 | €15,455 | +€15,281 | +8791.8% |
| Profit (loss) for the period before taxes | 9903 | €69,416 | €47,923 | -€21,493 | -31.0% |
| Income taxes | 67/77 | €18,539 | €13,226 | -€5,313 | -28.7% |
| Profit (loss) for the period | 9904 | €50,877 | €34,697 | -€16,180 | -31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €50,877 | €34,697 | -€16,180 | -31.8% |
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 8 October 2026 via checked.be.