LABOU: 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.
LABOU
Largest movements
- Tangible fixed assets +€27,345
up €27,345 (+1091.4%), from €2,506 to €29,851
- Cash -€4,669
down €4,669 (-55.2%), from €8,465 to €3,796
mainly Investment in fixed assets (net) (-€37,603) and Trade debts (-€1,315)
- Intangible fixed assets -€2,500
down €2,500 (-14.3%), from €17,500 to €15,000
- Receivables within one year -€1,711
down €1,711 (-51.0%), from €3,356 to €1,645
of which Other amounts receivable: -€1,293
- Other debts +€16,855
up €16,855 (+136.4%), from €12,361 to €29,215
- Profit (loss) carried forward +€3,162
up €3,162, from -€962 to €2,199
- Trade debts -€1,315
down €1,315 (-66.6%), from €1,974 to €659
- Gross operating margin +€22,436
up €22,436, from -€2,056 to €20,380
- Depreciation +€7,752
up €7,752 (+154.9%), from €5,006 to €12,758
- Other operating charges +€2,356
up €2,356 (+116.8%), from €2,017 to €4,373
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 | €32,336 | €51,037 | +€18,701 | +57.8% |
| Fixed assets | 21/28 | €20,006 | €44,851 | +€24,845 | +124.2% |
| Intangible fixed assets | 21 | €17,500 | €15,000 | -€2,500 | -14.3% |
| Tangible fixed assets | 22/27 | €2,506 | €29,851 | +€27,345 | +1091.4% |
| Furniture and vehicles | 24 | €2,506 | €29,851 | +€27,345 | +1091.4% |
| Current assets | 29/58 | €12,330 | €6,186 | -€6,144 | -49.8% |
| Amounts receivable within one year | 40/41 | €3,356 | €1,645 | -€1,711 | -51.0% |
| Trade receivables | 40 | €1,635 | €1,217 | -€418 | -25.6% |
| Other amounts receivable | 41 | €1,721 | €428 | -€1,293 | -75.1% |
| Cash at bank and in hand | 54/58 | €8,465 | €3,796 | -€4,669 | -55.2% |
| Deferred charges and accrued income | 490/1 | €510 | €745 | +€236 | +46.2% |
| Total equity and liabilities | 10/49 | €32,336 | €51,037 | +€18,701 | +57.8% |
| Equity | 10/15 | €18,002 | €21,163 | +€3,162 | +17.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €372 | €372 | = | 0.0% |
| Non-distributable reserves | 130/1 | €372 | €372 | = | 0.0% |
| Reserves not available under the articles | 1311 | €372 | €372 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€962 | €2,199 | +€3,162 | |
| Amounts payable | 17/49 | €14,334 | €29,874 | +€15,540 | +108.4% |
| Amounts payable within one year | 42/48 | €14,334 | €29,874 | +€15,540 | +108.4% |
| Trade debts | 44 | €1,974 | €659 | -€1,315 | -66.6% |
| Suppliers | 440/4 | €1,974 | €659 | -€1,315 | -66.6% |
| Other amounts payable | 47/48 | €12,361 | €29,215 | +€16,855 | +136.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,006 | €12,758 | +€7,752 | +154.9% |
| Other operating charges | 640/8 | €2,017 | €4,373 | +€2,356 | +116.8% |
| Gross operating margin | 9900 | -€2,056 | €20,380 | +€22,436 | |
| Operating profit (loss) | 9901 | -€9,078 | €3,250 | +€12,328 | |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €93 | €88 | -€4 | -4.7% |
| Recurring financial charges | 65 | €93 | €88 | -€4 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,169 | €3,162 | +€12,330 | |
| Profit (loss) for the period | 9904 | -€9,169 | €3,162 | +€12,330 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,169 | €3,162 | +€12,330 |
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 2 October 2026 via checked.be.