LABOVET: 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.
LABOVET
Largest movements
- Receivables within one year +€2,848
up €2,848 (+117.2%), from €2,430 to €5,278
of which Trade receivables: +€1,641
- Tangible fixed assets -€2,563
no longer reported in 2025 (was €2,563)
- Cash -€501
down €501 (-6.0%), from €8,403 to €7,901
mainly Receivables within one year (-€2,848) and Current portion of long-term debt (-€1,768)
- Current portion of long-term debt -€1,768
no longer reported in 2025 (was €1,768)
- Trade debts +€1,763
up €1,763 (+130.6%), from €1,349 to €3,112
- Tax, wage and social debts -€1,275
down €1,275 (-31.1%), from €4,096 to €2,821
- Profit (loss) carried forward +€824
up €824 (+21.5%), from -€3,838 to -€3,014
- Other debts +€189
up €189 (+12.5%), from €1,517 to €1,706
- Depreciation -€1,282
down €1,282 (-33.3%), from €3,845 to €2,563
- Gross operating margin +€606
up €606 (+12.8%), from €4,719 to €5,325
- Taxes +€404
up €404 (+34.7%), from €1,163 to €1,567
- Other operating charges +€79
new in 2025: €79
- Financial charges -€72
down €72 (-19.8%), from €365 to €292
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 | €14,192 | €13,925 | -€266 | -1.9% |
| Fixed assets | 21/28 | €2,563 | - | -€2,563 | |
| Tangible fixed assets | 22/27 | €2,563 | - | -€2,563 | |
| Furniture and vehicles | 24 | €2,563 | - | -€2,563 | |
| Current assets | 29/58 | €11,628 | €13,925 | +€2,297 | +19.8% |
| Amounts receivable within one year | 40/41 | €2,430 | €5,278 | +€2,848 | +117.2% |
| Trade receivables | 40 | €2,430 | €4,071 | +€1,641 | +67.5% |
| Other amounts receivable | 41 | - | €1,207 | +€1,207 | |
| Cash at bank and in hand | 54/58 | €8,403 | €7,901 | -€501 | -6.0% |
| Deferred charges and accrued income | 490/1 | €795 | €746 | -€49 | -6.2% |
| Total equity and liabilities | 10/49 | €14,192 | €13,925 | -€266 | -1.9% |
| Equity | 10/15 | €5,462 | €6,286 | +€824 | +15.1% |
| Contributions | 10/11 | €7,440 | €7,440 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,838 | -€3,014 | +€824 | +21.5% |
| Amounts payable | 17/49 | €8,730 | €7,639 | -€1,091 | -12.5% |
| Amounts payable within one year | 42/48 | €8,730 | €7,639 | -€1,091 | -12.5% |
| Current portion of amounts payable after more than one year | 42 | €1,768 | - | -€1,768 | |
| Trade debts | 44 | €1,349 | €3,112 | +€1,763 | +130.6% |
| Suppliers | 440/4 | €1,349 | €3,112 | +€1,763 | +130.6% |
| Taxes, remuneration and social security | 45 | €4,096 | €2,821 | -€1,275 | -31.1% |
| Taxes | 450/3 | €4,096 | €2,821 | -€1,275 | -31.1% |
| Other amounts payable | 47/48 | €1,517 | €1,706 | +€189 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,845 | €2,563 | -€1,282 | -33.3% |
| Other operating charges | 640/8 | - | €79 | +€79 | |
| Gross operating margin | 9900 | €4,719 | €5,325 | +€606 | +12.8% |
| Operating profit (loss) | 9901 | €874 | €2,683 | +€1,809 | +207.0% |
| Financial charges | 65/66B | €365 | €292 | -€72 | -19.8% |
| Recurring financial charges | 65 | €365 | €292 | -€72 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €510 | €2,391 | +€1,881 | +369.3% |
| Income taxes | 67/77 | €1,163 | €1,567 | +€404 | +34.7% |
| Profit (loss) for the period | 9904 | -€654 | €824 | +€1,478 | |
| Profit (loss) for the period to be appropriated | 9905 | -€654 | €824 | +€1,478 |
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 9 October 2026 via checked.be.