VAN LABEKE: what changed
Two financial 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.
VAN LABEKE
Largest movements
- Receivables within one year +€30,243
up €30,243 (+1542.1%), from €1,961 to €32,204
of which Other amounts receivable: +€22,551
- Cash -€21,917
down €21,917 (-91.7%), from €23,890 to €1,973
mainly Receivables within one year (-€30,243) and Investment in fixed assets (net) (-€7,524)
- Tangible fixed assets +€4,528
up €4,528 (+105.9%), from €4,276 to €8,804
of which Plant, machinery and equipment: +€2,475
- Deferred charges and accrued income -€1,440
down €1,440 (-78.1%), from €1,843 to €403
- Reserves +€6,703
new in 2025: €6,703
- Profit (loss) carried forward +€2,720
no longer reported in 2025 (was -€2,720)
- Trade debts +€1,122
up €1,122 (+74.6%), from €1,503 to €2,625
- Tax, wage and social debts +€869
up €869 (+5.5%), from €15,734 to €16,603
- Gross operating margin -€17,900
down €17,900 (-51.6%), from €34,694 to €16,794
- Taxes -€6,377
down €6,377 (-61.3%), from €10,401 to €4,024
- Depreciation +€2,531
up €2,531 (+543.0%), from €466 to €2,996
- Financial income +€677
up €677 (+6767.4%), from €10 to €687
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 | €31,971 | €43,384 | +€11,413 | +35.7% |
| Fixed assets | 21/28 | €4,276 | €8,804 | +€4,528 | +105.9% |
| Tangible fixed assets | 22/27 | €4,276 | €8,804 | +€4,528 | +105.9% |
| Plant, machinery and equipment | 23 | €4,276 | €6,751 | +€2,475 | +57.9% |
| Furniture and vehicles | 24 | - | €2,053 | +€2,053 | |
| Current assets | 29/58 | €27,695 | €34,580 | +€6,885 | +24.9% |
| Amounts receivable within one year | 40/41 | €1,961 | €32,204 | +€30,243 | +1542.1% |
| Trade receivables | 40 | - | €7,692 | +€7,692 | |
| Other amounts receivable | 41 | €1,961 | €24,512 | +€22,551 | +1149.9% |
| Cash at bank and in hand | 54/58 | €23,890 | €1,973 | -€21,917 | -91.7% |
| Deferred charges and accrued income | 490/1 | €1,843 | €403 | -€1,440 | -78.1% |
| Total equity and liabilities | 10/49 | €31,971 | €43,384 | +€11,413 | +35.7% |
| Equity | 10/15 | €14,633 | €24,055 | +€9,422 | +64.4% |
| Contributions | 10/11 | €17,353 | €17,353 | = | 0.0% |
| Reserves | 13 | - | €6,703 | +€6,703 | |
| Distributable reserves | 133 | - | €6,703 | +€6,703 | |
| Profit (loss) carried forward | 14 | -€2,720 | - | +€2,720 | |
| Amounts payable | 17/49 | €17,338 | €19,329 | +€1,991 | +11.5% |
| Amounts payable within one year | 42/48 | €17,338 | €19,329 | +€1,991 | +11.5% |
| Trade debts | 44 | €1,503 | €2,625 | +€1,122 | +74.6% |
| Suppliers | 440/4 | €1,503 | €2,625 | +€1,122 | +74.6% |
| Taxes, remuneration and social security | 45 | €15,734 | €16,603 | +€869 | +5.5% |
| Taxes | 450/3 | €15,734 | €16,603 | +€869 | +5.5% |
| Other amounts payable | 47/48 | €100 | €100 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €466 | €2,996 | +€2,531 | +543.0% |
| Other operating charges | 640/8 | €405 | €744 | +€338 | +83.4% |
| Gross operating margin | 9900 | €34,694 | €16,794 | -€17,900 | -51.6% |
| Operating profit (loss) | 9901 | €33,822 | €13,054 | -€20,768 | -61.4% |
| Financial income | 75/76B | €10 | €687 | +€677 | +6767.4% |
| Recurring financial income | 75 | €10 | €687 | +€677 | +6767.4% |
| Financial charges | 65/66B | €264 | €295 | +€31 | +11.6% |
| Recurring financial charges | 65 | €264 | €295 | +€31 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | €33,568 | €13,446 | -€20,122 | -59.9% |
| Income taxes | 67/77 | €10,401 | €4,024 | -€6,377 | -61.3% |
| Profit (loss) for the period | 9904 | €23,168 | €9,422 | -€13,745 | -59.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,168 | €9,422 | -€13,745 | -59.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.