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LABRA: 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

LABRA

BE 0429.800.664
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€24,967
2023 · -€30,801+€55,769
Equity
€140,729
2023 · €115,762+€24,967
Cash
€11,385
2023 · €15,063-€3,678
Balance sheet total
€1.1m
2023 · €1.1m-€38,839

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€37,159

    down €37,159 (-3.3%), from €1.1m to €1.1m

    of which Land and buildings: -€36,959

Equity and liabilities
  • Other debts -€32,742

    down €32,742 (-4.7%), from €691,422 to €658,680

  • Debts after one year -€28,772

    down €28,772 (-10.2%), from €282,950 to €254,177

  • Profit (loss) carried forward +€24,967

    up €24,967 (+12.4%), from -€201,340 to -€176,373

Income statement
  • Gross operating margin +€86,944

    up €86,944 (+126.6%), from €68,671 to €155,616

  • Financial charges +€13,055

    up €13,055 (+154.7%), from €8,441 to €21,495

  • Depreciation +€8,888

    up €8,888 (+12.2%), from €72,960 to €81,849

  • Other operating charges -€3,302

    down €3,302 (-18.3%), from €18,072 to €14,770

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 -€30,801
Gross operating margin +€86,944
Depreciation -€8,888
Other operating charges +€3,302
Other operating items -€12,544
Financial income +€9
Financial charges -€13,055
Result 2024 €24,967

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 +€74,090
Investment -€44,690
Financing -€33,078
Cash 2023 €15,063
Net result for the year +€24,967
Depreciation +€81,849
Receivables within one year -€1,850
Deferred charges and accrued income -€148
Trade debts -€4,415
Other debts -€32,742
Accrued charges and deferred income +€6,429
Investment in fixed assets (net) -€44,690
Debts after one year -€28,772
Current portion of long-term debt -€4,306
Cash 2024 €11,385
Every line side by side 42 lines
Line Code 2023 2024 Change %
Total assets 20/58 €1,142,280 €1,103,441 -€38,839 -3.4%
Fixed assets 21/28 €1,122,067 €1,084,908 -€37,159 -3.3%
Tangible fixed assets 22/27 €1,122,067 €1,084,908 -€37,159 -3.3%
Land and buildings 22 €1,121,337 €1,084,378 -€36,959 -3.3%
Furniture and vehicles 24 €730 €530 -€200 -27.4%
Current assets 29/58 €20,213 €18,533 -€1,680 -8.3%
Amounts receivable within one year 40/41 - €1,850 +€1,850
Trade receivables 40 - €1,850 +€1,850
Cash at bank and in hand 54/58 €15,063 €11,385 -€3,678 -24.4%
Deferred charges and accrued income 490/1 €5,150 €5,298 +€148 +2.9%
Total equity and liabilities 10/49 €1,142,280 €1,103,441 -€38,839 -3.4%
Equity 10/15 €115,762 €140,729 +€24,967 +21.6%
Contributions 10/11 €210,710 €210,710 = 0.0%
Capital 10 €210,710 €210,710 = 0.0%
Issued capital 100 €210,710 €210,710 = 0.0%
Reserves 13 €106,393 €106,393 = 0.0%
Non-distributable reserves 130/1 €21,071 €21,071 = 0.0%
Legal reserve 130 €21,071 €21,071 = 0.0%
Distributable reserves 133 €85,322 €85,322 = 0.0%
Profit (loss) carried forward 14 -€201,340 -€176,373 +€24,967 +12.4%
Amounts payable 17/49 €1,026,518 €962,712 -€63,806 -6.2%
Amounts payable after more than one year 17 €282,950 €254,177 -€28,772 -10.2%
Financial debts 170/4 €282,950 €254,177 -€28,772 -10.2%
Amounts payable within one year 42/48 €735,940 €694,477 -€41,463 -5.6%
Current portion of amounts payable after more than one year 42 €37,021 €32,715 -€4,306 -11.6%
Trade debts 44 €7,496 €3,081 -€4,415 -58.9%
Suppliers 440/4 €7,496 €3,081 -€4,415 -58.9%
Other amounts payable 47/48 €691,422 €658,680 -€32,742 -4.7%
Accrued charges and deferred income 492/3 €7,628 €14,057 +€6,429 +84.3%
Non-recurring operating income 76A €0 €59,770 +€59,770
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €72,960 €81,849 +€8,888 +12.2%
Other operating charges 640/8 €18,072 €14,770 -€3,302 -18.3%
Non-recurring operating charges 66A - €12,544 +€12,544
Gross operating margin 9900 €68,671 €155,616 +€86,944 +126.6%
Operating profit (loss) 9901 -€22,361 €46,453 +€68,814
Financial income 75/76B €0 €9 +€9 +3400.0%
Recurring financial income 75 €0 €9 +€9 +3400.0%
Financial charges 65/66B €8,441 €21,495 +€13,055 +154.7%
Recurring financial charges 65 €8,441 €21,495 +€13,055 +154.7%
Profit (loss) for the period before taxes 9903 -€30,801 €24,967 +€55,769
Profit (loss) for the period 9904 -€30,801 €24,967 +€55,769
Profit (loss) for the period to be appropriated 9905 -€30,801 €24,967 +€55,769

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.