L.A.C.S.: 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.
L.A.C.S.
Largest movements
- Stocks and contracts -€2,500
down €2,500 (-45.5%), from €5,500 to €3,000
- Cash +€633
up €633 (+275%), from €230 to €862
mainly Stocks and contracts (+€2,500) and Other debts (+€536)
- Receivables within one year +€222
up €222 (+559%), from €40 to €262
of which Trade receivables: +€262
- Trade debts -€2,087
down €2,087 (-97.2%), from €2,148 to €61
- Other debts +€536
up €536 (+50.7%), from €1,056 to €1,592
- Profit (loss) carried forward -€94
down €94 (-0.2%), from -€59,435 to -€59,529
- Turnover +€4,860
new in 2025: €4,860
- Purchases and services +€1,802
new in 2025: €1,802
- Gross operating margin +€743
up €743 (+403%), from €184 to €927
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 | €5,769 | €4,124 | -€1,646 | -28.5% |
| Current assets | 29/58 | €5,769 | €4,124 | -€1,646 | -28.5% |
| Stocks and contracts in progress | 3 | €5,500 | €3,000 | -€2,500 | -45.5% |
| Stocks | 30/36 | €5,500 | €3,000 | -€2,500 | -45.5% |
| Amounts receivable within one year | 40/41 | €40 | €262 | +€222 | +559% |
| Trade receivables | 40 | - | €262 | +€262 | |
| Other amounts receivable | 41 | €40 | - | -€40 | |
| Cash at bank and in hand | 54/58 | €230 | €862 | +€633 | +275% |
| Total equity and liabilities | 10/49 | €5,769 | €4,124 | -€1,646 | -28.5% |
| Equity | 10/15 | €2,565 | €2,471 | -€94 | -3.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,435 | -€59,529 | -€94 | -0.2% |
| Amounts payable | 17/49 | €3,204 | €1,653 | -€1,551 | -48.4% |
| Amounts payable within one year | 42/48 | €3,204 | €1,653 | -€1,551 | -48.4% |
| Trade debts | 44 | €2,148 | €61 | -€2,087 | -97.2% |
| Suppliers | 440/4 | €2,148 | €61 | -€2,087 | -97.2% |
| Other amounts payable | 47/48 | €1,056 | €1,592 | +€536 | +50.7% |
| Turnover | 70 | - | €4,860 | +€4,860 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €1,802 | +€1,802 | |
| Other operating charges | 640/8 | €533 | €536 | +€3 | +0.5% |
| Gross operating margin | 9900 | €184 | €927 | +€743 | +403% |
| Operating profit (loss) | 9901 | -€349 | €391 | +€740 | |
| Financial charges | 65/66B | €491 | €486 | -€6 | -1.2% |
| Recurring financial charges | 65 | €491 | €486 | -€6 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | -€840 | -€94 | +€746 | +88.8% |
| Profit (loss) for the period | 9904 | -€840 | -€94 | +€746 | +88.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€840 | -€94 | +€746 | +88.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.