L.A. GERANCE: 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. GERANCE
Largest movements
- Cash +€35,873
up €35,873 (+523%), from €6,856 to €42,729
mainly Depreciation (+€34,109) and Tax, wage and social debts (+€27,217)
- Tangible fixed assets -€25,625
down €25,625 (-6.7%), from €382,469 to €356,845
of which Land and buildings: -€23,533
- Tax, wage and social debts +€27,217
up €27,217 (+180%), from €15,113 to €42,331
of which Taxes: +€41,025
- Debts after one year -€20,370
down €20,370 (-7.2%), from €283,916 to €263,545
- Profit (loss) carried forward +€4,722
up €4,722 (+8.3%), from €56,669 to €61,391
- Staff costs +€44,893
up €44,893 (+22.5%), from €199,361 to €244,254
- Other operating charges -€30,231
down €30,231 (-92.4%), from €32,710 to €2,479
- Gross operating margin +€19,903
up €19,903 (+7.0%), from €283,527 to €303,429
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 | €416,226 | €426,177 | +€9,951 | +2.4% |
| Fixed assets | 21/28 | €382,549 | €356,925 | -€25,625 | -6.7% |
| Tangible fixed assets | 22/27 | €382,469 | €356,845 | -€25,625 | -6.7% |
| Land and buildings | 22 | €368,108 | €344,575 | -€23,533 | -6.4% |
| Plant, machinery and equipment | 23 | €6,265 | €6,377 | +€113 | +1.8% |
| Furniture and vehicles | 24 | €8,096 | €5,892 | -€2,205 | -27.2% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €33,676 | €69,252 | +€35,576 | +106% |
| Amounts receivable within one year | 40/41 | €26,821 | €26,524 | -€297 | -1.1% |
| Trade receivables | 40 | €19,060 | €22,000 | +€2,940 | +15.4% |
| Other amounts receivable | 41 | €7,760 | €4,524 | -€3,237 | -41.7% |
| Cash at bank and in hand | 54/58 | €6,856 | €42,729 | +€35,873 | +523% |
| Total equity and liabilities | 10/49 | €416,226 | €426,177 | +€9,951 | +2.4% |
| Equity | 10/15 | €77,126 | €81,847 | +€4,722 | +6.1% |
| Contributions | 10/11 | €18,597 | €18,597 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,669 | €61,391 | +€4,722 | +8.3% |
| Amounts payable | 17/49 | €339,100 | €344,330 | +€5,230 | +1.5% |
| Amounts payable after more than one year | 17 | €283,916 | €263,545 | -€20,370 | -7.2% |
| Financial debts | 170/4 | €283,916 | €263,545 | -€20,370 | -7.2% |
| Amounts payable within one year | 42/48 | €55,184 | €80,785 | +€25,600 | +46.4% |
| Current portion of amounts payable after more than one year | 42 | €19,782 | €20,370 | +€589 | +3.0% |
| Trade debts | 44 | €20,289 | €18,084 | -€2,206 | -10.9% |
| Suppliers | 440/4 | €20,289 | €18,084 | -€2,206 | -10.9% |
| Taxes, remuneration and social security | 45 | €15,113 | €42,331 | +€27,217 | +180% |
| Taxes | 450/3 | €1,305 | €42,331 | +€41,025 | +3,143% |
| Remuneration and social security | 454/9 | €13,808 | - | -€13,808 | |
| Remuneration, social security and pensions | 62 | €199,361 | €244,254 | +€44,893 | +22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,286 | €34,109 | +€823 | +2.5% |
| Other operating charges | 640/8 | €32,710 | €2,479 | -€30,231 | -92.4% |
| Gross operating margin | 9900 | €283,527 | €303,429 | +€19,903 | +7.0% |
| Operating profit (loss) | 9901 | €18,170 | €22,588 | +€4,418 | +24.3% |
| Financial income | 75/76B | €3 | €6 | +€2 | +68.5% |
| Recurring financial income | 75 | €3 | €6 | +€2 | +68.5% |
| Financial charges | 65/66B | €9,813 | €9,393 | -€420 | -4.3% |
| Recurring financial charges | 65 | €9,813 | €9,393 | -€420 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €8,360 | €13,200 | +€4,840 | +57.9% |
| Income taxes | 67/77 | €7,240 | €8,479 | +€1,238 | +17.1% |
| Profit (loss) for the period | 9904 | €1,120 | €4,722 | +€3,602 | +322% |
| Profit (loss) for the period to be appropriated | 9905 | €1,120 | €4,722 | +€3,602 | +322% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.