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
- Current investments -€20,086
down €20,086 (-16.8%), from €119,845 to €99,759
- Tangible fixed assets -€9,930
down €9,930 (-15.6%), from €63,493 to €53,563
of which Furniture and vehicles: -€9,553
- Stocks and contracts +€5,982
up €5,982 (+16.7%), from €35,911 to €41,893
- Cash +€5,430
up €5,430 (+38.6%), from €14,055 to €19,485
mainly Current investments (+€20,086) and Net result for the year (+€18,557)
- Receivables within one year +€3,032
up €3,032 (+25.9%), from €11,719 to €14,751
of which Other amounts receivable: +€3,587
- Trade debts -€30,554
down €30,554 (-41.8%), from €73,141 to €42,587
- Reserves +€18,557
up €18,557 (+25.3%), from €73,229 to €91,786
of which Distributable reserves: +€18,557
- Debts after one year -€9,026
down €9,026 (-79.9%), from €11,291 to €2,265
- Accrued charges and deferred income +€5,939
up €5,939, from €0 to €5,939
- Gross operating margin +€47,274
up €47,274 (+613.0%), from €7,712 to €54,986
- Financial charges +€10,605
up €10,605 (+369.6%), from €2,870 to €13,475
of which Non-recurring financial charges: +€10,956
- Taxes +€1,856
new in 2025: €1,856
- Other operating charges +€727
up €727 (+6.8%), from €10,765 to €11,492
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 | €247,130 | €233,261 | -€13,870 | -5.6% |
| Fixed assets | 21/28 | €63,493 | €53,563 | -€9,930 | -15.6% |
| Tangible fixed assets | 22/27 | €63,493 | €53,563 | -€9,930 | -15.6% |
| Land and buildings | 22 | €40,304 | €39,927 | -€377 | -0.9% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €23,188 | €13,636 | -€9,553 | -41.2% |
| Current assets | 29/58 | €183,638 | €179,697 | -€3,940 | -2.1% |
| Stocks and contracts in progress | 3 | €35,911 | €41,893 | +€5,982 | +16.7% |
| Stocks | 30/36 | €35,911 | €41,893 | +€5,982 | +16.7% |
| Amounts receivable within one year | 40/41 | €11,719 | €14,751 | +€3,032 | +25.9% |
| Trade receivables | 40 | €4,898 | €4,343 | -€555 | -11.3% |
| Other amounts receivable | 41 | €6,821 | €10,408 | +€3,587 | +52.6% |
| Current investments | 50/53 | €119,845 | €99,759 | -€20,086 | -16.8% |
| Cash at bank and in hand | 54/58 | €14,055 | €19,485 | +€5,430 | +38.6% |
| Deferred charges and accrued income | 490/1 | €2,108 | €3,809 | +€1,701 | +80.7% |
| Total equity and liabilities | 10/49 | €247,130 | €233,261 | -€13,870 | -5.6% |
| Equity | 10/15 | €152,722 | €171,279 | +€18,557 | +12.2% |
| Contributions | 10/11 | €16,653 | €16,653 | = | 0.0% |
| Reserves | 13 | €73,229 | €91,786 | +€18,557 | +25.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €15,557 | €15,557 | = | 0.0% |
| Distributable reserves | 133 | €57,673 | €76,229 | +€18,557 | +32.2% |
| Profit (loss) carried forward | 14 | €62,839 | €62,839 | = | 0.0% |
| Amounts payable | 17/49 | €94,408 | €61,982 | -€32,426 | -34.3% |
| Amounts payable after more than one year | 17 | €11,291 | €2,265 | -€9,026 | -79.9% |
| Financial debts | 170/4 | €11,291 | €2,265 | -€9,026 | -79.9% |
| Amounts payable within one year | 42/48 | €83,118 | €53,778 | -€29,339 | -35.3% |
| Current portion of amounts payable after more than one year | 42 | €8,973 | €9,026 | +€53 | +0.6% |
| Trade debts | 44 | €73,141 | €42,587 | -€30,554 | -41.8% |
| Suppliers | 440/4 | €73,141 | €42,587 | -€30,554 | -41.8% |
| Taxes, remuneration and social security | 45 | €997 | €2,165 | +€1,168 | +117.2% |
| Taxes | 450/3 | €997 | €2,165 | +€1,168 | +117.2% |
| Other amounts payable | 47/48 | €7 | - | -€7 | |
| Accrued charges and deferred income | 492/3 | €0 | €5,939 | +€5,939 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,013 | €9,930 | -€83 | -0.8% |
| Other operating charges | 640/8 | €10,765 | €11,492 | +€727 | +6.8% |
| Gross operating margin | 9900 | €7,712 | €54,986 | +€47,274 | +613.0% |
| Operating profit (loss) | 9901 | -€13,065 | €33,564 | +€46,630 | |
| Financial income | 75/76B | €0 | €323 | +€323 | |
| Recurring financial income | 75 | €0 | €323 | +€323 | |
| Financial charges | 65/66B | €2,870 | €13,475 | +€10,605 | +369.6% |
| Recurring financial charges | 65 | €2,870 | €2,519 | -€351 | -12.2% |
| Non-recurring financial charges | 66B | - | €10,956 | +€10,956 | |
| Profit (loss) for the period before taxes | 9903 | -€15,935 | €20,412 | +€36,347 | |
| Income taxes | 67/77 | - | €1,856 | +€1,856 | |
| Profit (loss) for the period | 9904 | -€15,935 | €18,557 | +€34,491 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,935 | €18,557 | +€34,491 |
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 7 October 2026 via checked.be.