LABYE: 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.
LABYE
Largest movements
- Receivables within one year +€13,679
up €13,679 (+27.2%), from €50,266 to €63,945
- Tangible fixed assets -€9,649
down €9,649 (-23.6%), from €40,818 to €31,169
- Cash -€4,987
down €4,987 (-30.1%), from €16,545 to €11,558
mainly Receivables within one year (-€13,679) and Debts after one year (-€10,295)
- Reserves +€19,147
up €19,147 (+33.3%), from €57,580 to €76,728
of which Distributable reserves: +€20,822
- Debts after one year -€10,295
down €10,295 (-50.2%), from €20,496 to €10,201
- Tax, wage and social debts -€8,972
down €8,972 (-46.9%), from €19,126 to €10,154
- Gross operating margin -€21,860
down €21,860 (-32.8%), from €66,581 to €44,721
- Depreciation +€2,298
up €2,298 (+31.3%), from €7,350 to €9,649
- Other operating charges -€1,491
down €1,491 (-66.5%), from €2,242 to €751
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 | €113,911 | €113,108 | -€803 | -0.7% |
| Fixed assets | 21/28 | €40,818 | €31,169 | -€9,649 | -23.6% |
| Tangible fixed assets | 22/27 | €40,818 | €31,169 | -€9,649 | -23.6% |
| Furniture and vehicles | 24 | €40,818 | €31,169 | -€9,649 | -23.6% |
| Current assets | 29/58 | €73,094 | €81,939 | +€8,845 | +12.1% |
| Amounts receivable within one year | 40/41 | €50,266 | €63,945 | +€13,679 | +27.2% |
| Other amounts receivable | 41 | €50,266 | €63,945 | +€13,679 | +27.2% |
| Cash at bank and in hand | 54/58 | €16,545 | €11,558 | -€4,987 | -30.1% |
| Deferred charges and accrued income | 490/1 | €6,283 | €6,435 | +€153 | +2.4% |
| Total equity and liabilities | 10/49 | €113,911 | €113,108 | -€803 | -0.7% |
| Equity | 10/15 | €59,980 | €79,128 | +€19,147 | +31.9% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Reserves | 13 | €57,580 | €76,728 | +€19,147 | +33.3% |
| Tax-exempt reserves | 132 | €7,149 | €5,475 | -€1,674 | -23.4% |
| Distributable reserves | 133 | €50,431 | €71,252 | +€20,822 | +41.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €2,383 | €1,825 | -€558 | -23.4% |
| Deferred taxes | 168 | €2,383 | €1,825 | -€558 | -23.4% |
| Amounts payable | 17/49 | €51,548 | €32,155 | -€19,393 | -37.6% |
| Amounts payable after more than one year | 17 | €20,496 | €10,201 | -€10,295 | -50.2% |
| Financial debts | 170/4 | €20,496 | €10,201 | -€10,295 | -50.2% |
| Amounts payable within one year | 42/48 | €30,464 | €21,954 | -€8,510 | -27.9% |
| Current portion of amounts payable after more than one year | 42 | €9,752 | €10,295 | +€543 | +5.6% |
| Trade debts | 44 | €1,586 | €1,506 | -€81 | -5.1% |
| Suppliers | 440/4 | €1,586 | €1,506 | -€81 | -5.1% |
| Taxes, remuneration and social security | 45 | €19,126 | €10,154 | -€8,972 | -46.9% |
| Taxes | 450/3 | €19,126 | €10,154 | -€8,972 | -46.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €588 | €0 | -€588 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,350 | €9,649 | +€2,298 | +31.3% |
| Other operating charges | 640/8 | €2,242 | €751 | -€1,491 | -66.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €66,581 | €44,721 | -€21,860 | -32.8% |
| Operating profit (loss) | 9901 | €56,989 | €34,321 | -€22,668 | -39.8% |
| Financial income | 75/76B | €6 | €0 | -€6 | -99.7% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -99.7% |
| Financial charges | 65/66B | €2,667 | €2,078 | -€588 | -22.1% |
| Recurring financial charges | 65 | €2,667 | €2,078 | -€588 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | €54,329 | €32,243 | -€22,085 | -40.7% |
| Transfer from deferred taxes | 780 | €407 | €558 | +€151 | +37.1% |
| Transfer to deferred taxes | 680 | €2,790 | - | -€2,790 | |
| Income taxes | 67/77 | €14,159 | €13,654 | -€505 | -3.6% |
| Profit (loss) for the period | 9904 | €37,787 | €19,147 | -€18,639 | -49.3% |
| Transfer from tax-exempt reserves | 789 | €1,221 | €1,674 | +€453 | +37.1% |
| Transfer to tax-exempt reserves | 689 | €8,371 | - | -€8,371 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,637 | €20,822 | -€9,816 | -32.0% |
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 30 September 2026 via checked.be.