instaal 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.
instaal laswerken
Largest movements
- Cash -€55,297
down €55,297 (-67.0%), from €82,499 to €27,202
mainly Contributions, distributions and other (-€30,000) and Other debts (-€24,712)
- Receivables within one year +€14,011
up €14,011 (+131%), from €10,718 to €24,729
of which Trade receivables: +€12,894
- Tangible fixed assets +€1,053
up €1,053 (+10.0%), from €10,485 to €11,538
of which Furniture and vehicles: +€2,028
- Other debts -€24,712
down €24,712 (-41.7%), from €59,249 to €34,537
- Profit (loss) carried forward -€11,086
no longer reported in 2025 (was €11,086)
- Current portion of long-term debt -€5,549
no longer reported in 2025 (was €5,549)
- Reserves +€4,888
up €4,888 (+263%), from €1,860 to €6,748
- Tax, wage and social debts -€2,208
down €2,208 (-39.4%), from €5,601 to €3,393
of which Taxes: -€5,008
- Gross operating margin -€5,128
down €5,128 (-11.1%), from €46,217 to €41,089
- Taxes -€1,199
down €1,199 (-13.4%), from €8,921 to €7,722
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 | €103,742 | €63,931 | -€39,810 | -38.4% |
| Fixed assets | 21/28 | €10,525 | €11,578 | +€1,053 | +10.0% |
| Tangible fixed assets | 22/27 | €10,485 | €11,538 | +€1,053 | +10.0% |
| Plant, machinery and equipment | 23 | €1,354 | €378 | -€975 | -72.0% |
| Furniture and vehicles | 24 | €9,131 | €11,159 | +€2,028 | +22.2% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €93,217 | €52,354 | -€40,863 | -43.8% |
| Amounts receivable within one year | 40/41 | €10,718 | €24,729 | +€14,011 | +131% |
| Trade receivables | 40 | €9,557 | €22,450 | +€12,894 | +135% |
| Other amounts receivable | 41 | €1,162 | €2,278 | +€1,117 | +96.1% |
| Cash at bank and in hand | 54/58 | €82,499 | €27,202 | -€55,297 | -67.0% |
| Deferred charges and accrued income | 490/1 | - | €423 | +€423 | |
| Total equity and liabilities | 10/49 | €103,742 | €63,931 | -€39,810 | -38.4% |
| Equity | 10/15 | €31,546 | €25,348 | -€6,199 | -19.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €6,748 | +€4,888 | +263% |
| Distributable reserves | 133 | €1,860 | €6,748 | +€4,888 | +263% |
| Profit (loss) carried forward | 14 | €11,086 | - | -€11,086 | |
| Amounts payable | 17/49 | €72,195 | €38,584 | -€33,612 | -46.6% |
| Amounts payable within one year | 42/48 | €72,195 | €38,584 | -€33,612 | -46.6% |
| Current portion of amounts payable after more than one year | 42 | €5,549 | - | -€5,549 | |
| Trade debts | 44 | €1,796 | €654 | -€1,142 | -63.6% |
| Suppliers | 440/4 | €1,796 | €654 | -€1,142 | -63.6% |
| Taxes, remuneration and social security | 45 | €5,601 | €3,393 | -€2,208 | -39.4% |
| Taxes | 450/3 | €5,601 | €593 | -€5,008 | -89.4% |
| Remuneration and social security | 454/9 | - | €2,800 | +€2,800 | |
| Other amounts payable | 47/48 | €59,249 | €34,537 | -€24,712 | -41.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,215 | €8,463 | +€249 | +3.0% |
| Other operating charges | 640/8 | €894 | €860 | -€34 | -3.8% |
| Gross operating margin | 9900 | €46,217 | €41,089 | -€5,128 | -11.1% |
| Operating profit (loss) | 9901 | €37,109 | €31,765 | -€5,343 | -14.4% |
| Financial charges | 65/66B | €403 | €242 | -€161 | -39.9% |
| Recurring financial charges | 65 | €403 | €242 | -€161 | -39.9% |
| Profit (loss) for the period before taxes | 9903 | €36,705 | €31,523 | -€5,182 | -14.1% |
| Income taxes | 67/77 | €8,921 | €7,722 | -€1,199 | -13.4% |
| Profit (loss) for the period | 9904 | €27,784 | €23,801 | -€3,983 | -14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,784 | €23,801 | -€3,983 | -14.3% |
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 27 October 2026 via checked.be.