A.A.LASCON: 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.
A.A.LASCON
Largest movements
- Tangible fixed assets -€278,318
down €278,318 (-54.7%), from €509,073 to €230,755
of which Land and buildings: -€252,246
- Cash +€145,765
new in 2025: €145,765
mainly Net result for the year (+€382,771) and Investment in fixed assets (net) (+€226,920)
- Stocks and contracts -€38,378
no longer reported in 2025 (was €38,378)
of which Stocks: -€25,000
- Profit (loss) carried forward +€336,367
up €336,367, from -€335,739 to €628
- Debts after one year -€273,815
down €273,815 (-63.7%), from €429,824 to €156,009
- Short-term financial debts -€170,191
no longer reported in 2025 (was €170,191)
of which Credit institutions: -€120,191
- Trade debts -€67,088
down €67,088 (-95.7%), from €70,094 to €3,006
- Current portion of long-term debt -€38,894
down €38,894 (-66.7%), from €58,347 to €19,454
- Gross operating margin +€447,160
up €447,160 (+296%), from €151,081 to €598,241
- Staff costs -€103,733
down €103,733 (-54.5%), from €190,292 to €86,559
- Depreciation -€31,916
down €31,916 (-37.6%), from €84,877 to €52,961
- Other operating charges +€30,940
up €30,940 (+527%), from €5,868 to €36,809
- Taxes +€13,207
up €13,207 (+4,512%), from €293 to €13,499
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.
Derived cash bridge
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 | €718,106 | €546,069 | -€172,037 | -24.0% |
| Fixed assets | 21/28 | €512,353 | €232,472 | -€279,881 | -54.6% |
| Intangible fixed assets | 21 | €3,280 | €1,717 | -€1,563 | -47.6% |
| Tangible fixed assets | 22/27 | €509,073 | €230,755 | -€278,318 | -54.7% |
| Land and buildings | 22 | €474,900 | €222,653 | -€252,246 | -53.1% |
| Plant, machinery and equipment | 23 | €10,532 | €2,263 | -€8,269 | -78.5% |
| Furniture and vehicles | 24 | €23,642 | €5,839 | -€17,803 | -75.3% |
| Current assets | 29/58 | €205,753 | €313,597 | +€107,844 | +52.4% |
| Stocks and contracts in progress | 3 | €38,378 | - | -€38,378 | |
| Stocks | 30/36 | €25,000 | - | -€25,000 | |
| Contracts in progress | 37 | €13,378 | - | -€13,378 | |
| Amounts receivable within one year | 40/41 | €161,811 | €166,755 | +€4,944 | +3.1% |
| Trade receivables | 40 | €112,114 | €88,792 | -€23,322 | -20.8% |
| Other amounts receivable | 41 | €49,697 | €77,963 | +€28,266 | +56.9% |
| Current investments | 50/53 | €16 | €16 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €145,765 | +€145,765 | |
| Deferred charges and accrued income | 490/1 | €5,547 | €1,061 | -€4,487 | -80.9% |
| Total equity and liabilities | 10/49 | €718,106 | €546,069 | -€172,037 | -24.0% |
| Equity | 10/15 | -€65,581 | €296,728 | +€362,310 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €251,558 | €277,500 | +€25,942 | +10.3% |
| Tax-exempt reserves | 132 | €10,994 | €9,000 | -€1,994 | -18.1% |
| Distributable reserves | 133 | €240,564 | €268,500 | +€27,936 | +11.6% |
| Profit (loss) carried forward | 14 | -€335,739 | €628 | +€336,367 | |
| Provisions and deferred taxes | 16 | €590 | - | -€590 | |
| Deferred taxes | 168 | €590 | - | -€590 | |
| Amounts payable | 17/49 | €783,097 | €249,341 | -€533,757 | -68.2% |
| Amounts payable after more than one year | 17 | €429,824 | €156,009 | -€273,815 | -63.7% |
| Financial debts | 170/4 | €429,824 | €156,009 | -€273,815 | -63.7% |
| Amounts payable within one year | 42/48 | €353,273 | €93,331 | -€259,942 | -73.6% |
| Current portion of amounts payable after more than one year | 42 | €58,347 | €19,454 | -€38,894 | -66.7% |
| Financial debts | 43 | €170,191 | - | -€170,191 | |
| Credit institutions | 430/8 | €120,191 | - | -€120,191 | |
| Other loans | 439 | €50,000 | - | -€50,000 | |
| Trade debts | 44 | €70,094 | €3,006 | -€67,088 | -95.7% |
| Suppliers | 440/4 | €70,094 | €3,006 | -€67,088 | -95.7% |
| Taxes, remuneration and social security | 45 | €27,455 | €18,021 | -€9,434 | -34.4% |
| Taxes | 450/3 | €442 | €13,499 | +€13,057 | +2,951% |
| Remuneration and social security | 454/9 | €27,012 | €4,522 | -€22,491 | -83.3% |
| Other amounts payable | 47/48 | €27,187 | €52,851 | +€25,664 | +94.4% |
| Non-recurring operating income | 76A | - | €580,752 | +€580,752 | |
| Remuneration, social security and pensions | 62 | €190,292 | €86,559 | -€103,733 | -54.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,877 | €52,961 | -€31,916 | -37.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €624 | +€624 | |
| Other operating charges | 640/8 | €5,868 | €36,809 | +€30,940 | +527% |
| Gross operating margin | 9900 | €151,081 | €598,241 | +€447,160 | +296% |
| Operating profit (loss) | 9901 | -€129,957 | €421,287 | +€551,245 | |
| Financial income | 75/76B | €587 | €83 | -€504 | -85.8% |
| Recurring financial income | 75 | €587 | €83 | -€504 | -85.8% |
| Financial charges | 65/66B | €33,857 | €25,690 | -€8,167 | -24.1% |
| Recurring financial charges | 65 | €33,857 | €25,690 | -€8,167 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | -€163,227 | €395,681 | +€558,909 | |
| Transfer from deferred taxes | 780 | €606 | €590 | -€17 | -2.8% |
| Income taxes | 67/77 | €293 | €13,499 | +€13,207 | +4,512% |
| Profit (loss) for the period | 9904 | -€162,914 | €382,771 | +€545,685 | |
| Transfer from tax-exempt reserves | 789 | €2,051 | €1,994 | -€57 | -2.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€160,863 | €384,765 | +€545,628 |
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 16 October 2026 via checked.be.