AL - LAS: 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.
AL - LAS
Largest movements
- Tangible fixed assets -€18,491
down €18,491 (-3.9%), from €471,815 to €453,324
of which Land and buildings: -€14,157
- Deferred charges and accrued income +€11,398
up €11,398 (+30.2%), from €37,781 to €49,178
- Receivables within one year +€9,013
up €9,013 (+23.5%), from €38,396 to €47,409
of which Trade receivables: +€10,800
- Debts after one year -€36,458
down €36,458 (-25.1%), from €145,026 to €108,568
- Profit (loss) carried forward +€23,418
up €23,418 (+24.2%), from -€96,792 to -€73,374
- Trade debts +€11,908
up €11,908 (+441.8%), from €2,695 to €14,603
- Gross operating margin -€21,311
down €21,311 (-27.5%), from €77,516 to €56,205
- Write-downs +€6,019
up €6,019, from -€6,019 to €0
- Financial charges -€4,158
down €4,158 (-29.2%), from €14,248 to €10,090
- Other operating charges -€1,640
down €1,640 (-28.0%), from €5,848 to €4,208
- Depreciation -€1,204
down €1,204 (-6.1%), from €19,695 to €18,491
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 | €551,376 | €552,597 | +€1,221 | +0.2% |
| Fixed assets | 21/28 | €474,295 | €455,804 | -€18,491 | -3.9% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €471,815 | €453,324 | -€18,491 | -3.9% |
| Land and buildings | 22 | €450,838 | €436,681 | -€14,157 | -3.1% |
| Furniture and vehicles | 24 | €7,557 | €6,423 | -€1,134 | -15.0% |
| Leasing and similar rights | 25 | €13,421 | €10,221 | -€3,200 | -23.8% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €2,480 | €2,480 | = | 0.0% |
| Current assets | 29/58 | €77,081 | €96,793 | +€19,712 | +25.6% |
| Amounts receivable within one year | 40/41 | €38,396 | €47,409 | +€9,013 | +23.5% |
| Trade receivables | 40 | €29,279 | €40,079 | +€10,800 | +36.9% |
| Other amounts receivable | 41 | €9,116 | €7,329 | -€1,787 | -19.6% |
| Cash at bank and in hand | 54/58 | €904 | €206 | -€699 | -77.3% |
| Deferred charges and accrued income | 490/1 | €37,781 | €49,178 | +€11,398 | +30.2% |
| Total equity and liabilities | 10/49 | €551,376 | €552,597 | +€1,221 | +0.2% |
| Equity | 10/15 | €316,246 | €339,664 | +€23,418 | +7.4% |
| Contributions | 10/11 | €351,400 | €351,400 | = | 0.0% |
| Reserves | 13 | €61,638 | €61,638 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €57,638 | €57,638 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,792 | -€73,374 | +€23,418 | +24.2% |
| Provisions and deferred taxes | 16 | €20,000 | €20,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €20,000 | €20,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable | 17/49 | €215,130 | €192,933 | -€22,197 | -10.3% |
| Amounts payable after more than one year | 17 | €145,026 | €108,568 | -€36,458 | -25.1% |
| Financial debts | 170/4 | €145,026 | €108,568 | -€36,458 | -25.1% |
| Amounts payable within one year | 42/48 | €70,105 | €84,365 | +€14,260 | +20.3% |
| Current portion of amounts payable after more than one year | 42 | €34,636 | €36,458 | +€1,821 | +5.3% |
| Financial debts | 43 | €12,647 | €15,506 | +€2,858 | +22.6% |
| Credit institutions | 430/8 | €12,647 | €15,506 | +€2,858 | +22.6% |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €2,695 | €14,603 | +€11,908 | +441.8% |
| Suppliers | 440/4 | €2,695 | €14,603 | +€11,908 | +441.8% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €20,125 | €17,799 | -€2,327 | -11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,695 | €18,491 | -€1,204 | -6.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€6,019 | €0 | +€6,019 | |
| Other operating charges | 640/8 | €5,848 | €4,208 | -€1,640 | -28.0% |
| Gross operating margin | 9900 | €77,516 | €56,205 | -€21,311 | -27.5% |
| Operating profit (loss) | 9901 | €57,991 | €33,506 | -€24,486 | -42.2% |
| Financial income | 75/76B | €0 | €2 | +€2 | +9900.0% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +9900.0% |
| Financial charges | 65/66B | €14,248 | €10,090 | -€4,158 | -29.2% |
| Recurring financial charges | 65 | €14,248 | €10,090 | -€4,158 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | €43,743 | €23,418 | -€20,325 | -46.5% |
| Profit (loss) for the period | 9904 | €43,743 | €23,418 | -€20,325 | -46.5% |
| Profit (loss) for the period to be appropriated | 9905 | €43,743 | €23,418 | -€20,325 | -46.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.