BS Laswerken: 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.
BS Laswerken
Largest movements
- Tangible fixed assets -€13,381
down €13,381 (-4.9%), from €275,423 to €262,042
- Stocks and contracts -€6,691
down €6,691 (-22.7%), from €29,480 to €22,788
of which Contracts in progress: -€6,935
- Cash +€3,579
up €3,579 (+58.5%), from €6,119 to €9,698
mainly Depreciation (+€13,381) and Net result for the year (+€9,149)
- Trade debts -€28,541
down €28,541 (-78.3%), from €36,438 to €7,897
- Profit (loss) carried forward +€9,149
up €9,149 (+53.1%), from -€17,229 to -€8,079
- Debts after one year +€3,680
up €3,680 (+1.9%), from €192,055 to €195,736
- Gross operating margin +€5,929
up €5,929 (+25.2%), from €23,482 to €29,411
- Depreciation +€935
up €935 (+7.5%), from €12,446 to €13,381
- Financial charges +€740
up €740 (+17.5%), from €4,230 to €4,971
- Other operating charges -€407
down €407 (-18.7%), from €2,182 to €1,775
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 | €315,017 | €299,879 | -€15,138 | -4.8% |
| Fixed assets | 21/28 | €275,423 | €262,042 | -€13,381 | -4.9% |
| Tangible fixed assets | 22/27 | €275,423 | €262,042 | -€13,381 | -4.9% |
| Land and buildings | 22 | €244,377 | €238,378 | -€5,999 | -2.5% |
| Plant, machinery and equipment | 23 | €25,047 | €19,297 | -€5,750 | -23.0% |
| Furniture and vehicles | 24 | €5,999 | €4,367 | -€1,632 | -27.2% |
| Current assets | 29/58 | €39,594 | €37,837 | -€1,757 | -4.4% |
| Stocks and contracts in progress | 3 | €29,480 | €22,788 | -€6,691 | -22.7% |
| Stocks | 30/36 | €8,585 | €8,828 | +€243 | +2.8% |
| Contracts in progress | 37 | €20,895 | €13,960 | -€6,935 | -33.2% |
| Amounts receivable within one year | 40/41 | €3,077 | €4,759 | +€1,682 | +54.6% |
| Trade receivables | 40 | €2,904 | €4,056 | +€1,153 | +39.7% |
| Other amounts receivable | 41 | €174 | €703 | +€529 | +304% |
| Cash at bank and in hand | 54/58 | €6,119 | €9,698 | +€3,579 | +58.5% |
| Deferred charges and accrued income | 490/1 | €917 | €592 | -€326 | -35.5% |
| Total equity and liabilities | 10/49 | €315,017 | €299,879 | -€15,138 | -4.8% |
| Equity | 10/15 | -€1,275 | €7,874 | +€9,149 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €14,954 | €14,954 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Distributable reserves | 133 | €14,854 | €14,854 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,229 | -€8,079 | +€9,149 | +53.1% |
| Amounts payable | 17/49 | €316,292 | €292,005 | -€24,287 | -7.7% |
| Amounts payable after more than one year | 17 | €192,055 | €195,736 | +€3,680 | +1.9% |
| Financial debts | 170/4 | €192,055 | €195,736 | +€3,680 | +1.9% |
| Amounts payable within one year | 42/48 | €124,236 | €96,269 | -€27,967 | -22.5% |
| Current portion of amounts payable after more than one year | 42 | €13,906 | €14,480 | +€575 | +4.1% |
| Trade debts | 44 | €36,438 | €7,897 | -€28,541 | -78.3% |
| Suppliers | 440/4 | €36,438 | €7,897 | -€28,541 | -78.3% |
| Taxes, remuneration and social security | 45 | €4,177 | €4,159 | -€17 | -0.4% |
| Taxes | 450/3 | €152 | €135 | -€17 | -11.4% |
| Remuneration and social security | 454/9 | €4,024 | €4,024 | = | 0.0% |
| Other amounts payable | 47/48 | €69,716 | €69,732 | +€17 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,446 | €13,381 | +€935 | +7.5% |
| Other operating charges | 640/8 | €2,182 | €1,775 | -€407 | -18.7% |
| Gross operating margin | 9900 | €23,482 | €29,411 | +€5,929 | +25.2% |
| Operating profit (loss) | 9901 | €8,854 | €14,255 | +€5,401 | +61.0% |
| Financial charges | 65/66B | €4,230 | €4,971 | +€740 | +17.5% |
| Recurring financial charges | 65 | €4,230 | €4,971 | +€740 | +17.5% |
| Profit (loss) for the period before taxes | 9903 | €4,624 | €9,284 | +€4,660 | +101% |
| Income taxes | 67/77 | €155 | €135 | -€20 | -12.8% |
| Profit (loss) for the period | 9904 | €4,469 | €9,149 | +€4,680 | +105% |
| Profit (loss) for the period to be appropriated | 9905 | €4,469 | €9,149 | +€4,680 | +105% |
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 19 October 2026 via checked.be.