Glashandel Larochette: what changed
What changed
Glashandel Larochette
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
-€6,946
2024 · €74,605-€81,551
Equity
€119,533
2024 · €126,479-€6,946
Cash
€9,215
2024 · €8,302+€913
Balance sheet total
€266,213
2024 · €288,753-€22,540
Largest movements
Assets
- Tangible fixed assets -€11,816
down €11,816 (-15.9%), from €74,177 to €62,361
of which Land and buildings: -€11,642
- Receivables within one year -€11,686
down €11,686 (-6.2%), from €187,850 to €176,164
of which Trade receivables: -€29,773
- Stocks and contracts -€5,094
down €5,094 (-50.3%), from €10,123 to €5,030
- Deferred charges and accrued income +€4,643
up €4,643 (+928%), from €500 to €5,144
Equity and liabilities
- Tax, wage and social debts -€18,343
down €18,343 (-76.4%), from €23,995 to €5,652
of which Taxes: -€16,564
- Debts after one year -€15,266
down €15,266 (-28.7%), from €53,134 to €37,867
- Short-term financial debts +€10,215
new in 2025: €10,215
- Trade debts +€8,163
up €8,163 (+11.7%), from €69,516 to €77,679
- Profit (loss) carried forward -€4,346
new in 2025: -€4,346
Income statement
- Gross operating margin -€105,284
down €105,284 (-38.8%), from €271,205 to €165,921
- Staff costs -€23,037
down €23,037 (-14.9%), from €154,590 to €131,554
- Taxes -€16,159
down €16,159 (-98.7%), from €16,367 to €208
- Write-downs +€14,465
new in 2025: €14,465
- Other operating charges +€5,259
up €5,259 (+133%), from €3,958 to €9,217
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€74,605
Gross operating margin
-€105,284
Staff costs
+€23,037
Depreciation
-€972
Write-downs
-€14,465
Other operating charges
-€5,259
Financial income
+€3,392
Financial charges
+€1,842
Taxes
+€16,159
Result 2025
-€6,946
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€12,295
Investment
-€7,216
Financing
-€4,166
Cash 2024
€8,302
From operations (derived)
+€12,295
Net result for the year
-€6,946
Depreciation
+€18,532
Stocks and contracts
+€5,094
Receivables within one year
+€11,686
Deferred charges and accrued income
-€4,643
Trade debts
+€8,163
Tax, wage and social debts
-€18,343
Accrued charges and deferred income
-€1,248
Investment (derived)
-€7,216
Investment in fixed assets (net)
-€7,216
Financing
-€4,166
Debts after one year
-€15,266
Current portion of long-term debt
+€884
Short-term financial debts
+€10,215
Cash 2025
€9,215
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €288,753 | €266,213 | -€22,540 | -7.8% |
| Fixed assets | 21/28 | €81,977 | €70,661 | -€11,316 | -13.8% |
| Tangible fixed assets | 22/27 | €74,177 | €62,361 | -€11,816 | -15.9% |
| Land and buildings | 22 | €45,750 | €34,109 | -€11,642 | -25.4% |
| Plant, machinery and equipment | 23 | €14,255 | €12,293 | -€1,962 | -13.8% |
| Furniture and vehicles | 24 | €14,172 | €15,959 | +€1,787 | +12.6% |
| Financial fixed assets | 28 | €7,800 | €8,300 | +€500 | +6.4% |
| Current assets | 29/58 | €206,776 | €195,552 | -€11,224 | -5.4% |
| Stocks and contracts in progress | 3 | €10,123 | €5,030 | -€5,094 | -50.3% |
| Stocks | 30/36 | €10,123 | €5,030 | -€5,094 | -50.3% |
| Amounts receivable within one year | 40/41 | €187,850 | €176,164 | -€11,686 | -6.2% |
| Trade receivables | 40 | €170,637 | €140,864 | -€29,773 | -17.4% |
| Other amounts receivable | 41 | €17,213 | €35,300 | +€18,087 | +105% |
| Cash at bank and in hand | 54/58 | €8,302 | €9,215 | +€913 | +11.0% |
| Deferred charges and accrued income | 490/1 | €500 | €5,144 | +€4,643 | +928% |
| Total equity and liabilities | 10/49 | €288,753 | €266,213 | -€22,540 | -7.8% |
| Equity | 10/15 | €126,479 | €119,533 | -€6,946 | -5.5% |
| Contributions | 10/11 | €26,000 | €26,000 | = | 0.0% |
| Reserves | 13 | €100,479 | €97,879 | -€2,600 | -2.6% |
| Non-distributable reserves | 130/1 | €2,600 | - | -€2,600 | |
| Reserves not available under the articles | 1311 | €2,600 | - | -€2,600 | |
| Distributable reserves | 133 | €97,879 | €97,879 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€4,346 | -€4,346 | |
| Amounts payable | 17/49 | €162,274 | €146,680 | -€15,594 | -9.6% |
| Amounts payable after more than one year | 17 | €53,134 | €37,867 | -€15,266 | -28.7% |
| Financial debts | 170/4 | €53,134 | €37,867 | -€15,266 | -28.7% |
| Amounts payable within one year | 42/48 | €107,893 | €108,813 | +€920 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €14,382 | €15,266 | +€884 | +6.1% |
| Financial debts | 43 | - | €10,215 | +€10,215 | |
| Credit institutions | 430/8 | - | €10,215 | +€10,215 | |
| Trade debts | 44 | €69,516 | €77,679 | +€8,163 | +11.7% |
| Suppliers | 440/4 | €69,516 | €77,679 | +€8,163 | +11.7% |
| Taxes, remuneration and social security | 45 | €23,995 | €5,652 | -€18,343 | -76.4% |
| Taxes | 450/3 | €17,523 | €959 | -€16,564 | -94.5% |
| Remuneration and social security | 454/9 | €6,473 | €4,693 | -€1,780 | -27.5% |
| Accrued charges and deferred income | 492/3 | €1,248 | - | -€1,248 | |
| Non-recurring operating income | 76A | - | €1,905 | +€1,905 | |
| Remuneration, social security and pensions | 62 | €154,590 | €131,554 | -€23,037 | -14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,560 | €18,532 | +€972 | +5.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €14,465 | +€14,465 | |
| Other operating charges | 640/8 | €3,958 | €9,217 | +€5,259 | +133% |
| Gross operating margin | 9900 | €271,205 | €165,921 | -€105,284 | -38.8% |
| Operating profit (loss) | 9901 | €95,097 | -€7,847 | -€102,944 | |
| Financial income | 75/76B | €1,018 | €4,409 | +€3,392 | +333% |
| Recurring financial income | 75 | €1,018 | €3,680 | +€2,663 | +262% |
| Non-recurring financial income | 76B | - | €729 | +€729 | |
| Financial charges | 65/66B | €5,142 | €3,300 | -€1,842 | -35.8% |
| Recurring financial charges | 65 | €5,142 | €3,300 | -€1,842 | -35.8% |
| Profit (loss) for the period before taxes | 9903 | €90,972 | -€6,738 | -€97,710 | |
| Income taxes | 67/77 | €16,367 | €208 | -€16,159 | -98.7% |
| Profit (loss) for the period | 9904 | €74,605 | -€6,946 | -€81,551 | |
| Profit (loss) for the period to be appropriated | 9905 | €74,605 | -€6,946 | -€81,551 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.