LABUSE: 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.
LABUSE
Largest movements
- Cash +€1.4m
up €1.4m (+1843.3%), from €77,627 to €1.5m
mainly Other debts (+€1.2m) and Current investments (+€400,000)
- Current investments -€400,000
no longer reported in 2025 (was €400,000)
- Receivables within one year +€129,962
up €129,962 (+2944.4%), from €4,414 to €134,376
of which Other amounts receivable: +€121,661
- Other debts +€1.2m
new in 2025: €1.2m
- Profit (loss) carried forward +€147,007
up €147,007 (+64.7%), from €227,262 to €374,269
- Tax, wage and social debts -€137,094
down €137,094 (-58.8%), from €233,203 to €96,109
- Gross operating margin -€318,764
down €318,764 (-50.2%), from €634,823 to €316,059
- Taxes -€77,862
down €77,862 (-48.4%), from €160,920 to €83,058
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 | €487,214 | €1,649,769 | +€1.2m | +238.6% |
| Fixed assets | 21/28 | €4,585 | €4,567 | -€17 | -0.4% |
| Tangible fixed assets | 22/27 | €4,380 | €4,362 | -€17 | -0.4% |
| Furniture and vehicles | 24 | €4,380 | €4,362 | -€17 | -0.4% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €482,629 | €1,645,202 | +€1.2m | +240.9% |
| Amounts receivable within one year | 40/41 | €4,414 | €134,376 | +€129,962 | +2944.4% |
| Trade receivables | 40 | €4,414 | €12,715 | +€8,301 | +188.1% |
| Other amounts receivable | 41 | - | €121,661 | +€121,661 | |
| Current investments | 50/53 | €400,000 | - | -€400,000 | |
| Cash at bank and in hand | 54/58 | €77,627 | €1,508,502 | +€1.4m | +1843.3% |
| Deferred charges and accrued income | 490/1 | €588 | €2,324 | +€1,735 | +294.9% |
| Total equity and liabilities | 10/49 | €487,214 | €1,649,769 | +€1.2m | +238.6% |
| Equity | 10/15 | €247,722 | €394,729 | +€147,007 | +59.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 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 | €227,262 | €374,269 | +€147,007 | +64.7% |
| Amounts payable | 17/49 | €239,492 | €1,255,039 | +€1.0m | +424.0% |
| Amounts payable within one year | 42/48 | €239,492 | €1,255,039 | +€1.0m | +424.0% |
| Trade debts | 44 | €6,289 | €7,030 | +€741 | +11.8% |
| Suppliers | 440/4 | €6,289 | €7,030 | +€741 | +11.8% |
| Taxes, remuneration and social security | 45 | €233,203 | €96,109 | -€137,094 | -58.8% |
| Taxes | 450/3 | €233,203 | €96,109 | -€137,094 | -58.8% |
| Other amounts payable | 47/48 | - | €1,151,900 | +€1.2m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €558 | €554 | -€4 | -0.7% |
| Other operating charges | 640/8 | €966 | €964 | -€2 | -0.2% |
| Gross operating margin | 9900 | €634,823 | €316,059 | -€318,764 | -50.2% |
| Operating profit (loss) | 9901 | €633,300 | €314,541 | -€318,759 | -50.3% |
| Financial income | 75/76B | - | €4,940 | +€4,940 | |
| Recurring financial income | 75 | - | €4,940 | +€4,940 | |
| Financial charges | 65/66B | €3,241 | €2,405 | -€836 | -25.8% |
| Recurring financial charges | 65 | €3,241 | €2,405 | -€836 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | €630,059 | €317,075 | -€312,983 | -49.7% |
| Income taxes | 67/77 | €160,920 | €83,058 | -€77,862 | -48.4% |
| Profit (loss) for the period | 9904 | €469,139 | €234,017 | -€235,122 | -50.1% |
| Profit (loss) for the period to be appropriated | 9905 | €469,139 | €234,017 | -€235,122 | -50.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.