L & A Properties: what changed
Two fiscal 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 Properties
Largest movements
- Cash +€38,722
up €38,722 (+11.6%), from €333,444 to €372,166
mainly Net result for the year (+€47,519) and Receivables after one year (+€21,000)
- Receivables after one year -€21,000
down €21,000 (-100.0%), from €21,000 to €0
- Reserves +€30,396
up €30,396 (+11.1%), from €274,354 to €304,750
- Other debts -€27,003
down €27,003 (-63.2%), from €42,725 to €15,722
- Tax, wage and social debts +€10,794
up €10,794 (+65.7%), from €16,433 to €27,227
- Trade debts +€4,086
up €4,086 (+434.8%), from €940 to €5,026
- Gross operating margin -€88,284
down €88,284 (-56.6%), from €156,082 to €67,797
- Taxes -€19,337
down €19,337 (-49.6%), from €38,965 to €19,628
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.
Cash bridge derived
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 | €374,486 | €392,759 | +€18,273 | +4.9% |
| Fixed assets | 21/28 | €45 | €45 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €45 | €45 | = | 0.0% |
| Current assets | 29/58 | €374,441 | €392,714 | +€18,273 | +4.9% |
| Amounts receivable after more than one year | 29 | €21,000 | €0 | -€21,000 | -100.0% |
| Other amounts receivable | 291 | €21,000 | €0 | -€21,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €5,895 | €6,372 | +€477 | +8.1% |
| Trade receivables | 40 | €5,769 | €6,372 | +€603 | +10.4% |
| Other amounts receivable | 41 | €126 | €0 | -€126 | -100.0% |
| Current investments | 50/53 | €14,101 | €14,176 | +€75 | +0.5% |
| Cash at bank and in hand | 54/58 | €333,444 | €372,166 | +€38,722 | +11.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €374,486 | €392,759 | +€18,273 | +4.9% |
| Equity | 10/15 | €314,388 | €344,784 | +€30,396 | +9.7% |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Reserves | 13 | €274,354 | €304,750 | +€30,396 | +11.1% |
| Distributable reserves | 133 | €274,354 | €304,750 | +€30,396 | +11.1% |
| Profit (loss) carried forward | 14 | €16,034 | €16,034 | = | 0.0% |
| Amounts payable | 17/49 | €60,098 | €47,974 | -€12,123 | -20.2% |
| Amounts payable within one year | 42/48 | €60,098 | €47,974 | -€12,123 | -20.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €940 | €5,026 | +€4,086 | +434.8% |
| Suppliers | 440/4 | €940 | €5,026 | +€4,086 | +434.8% |
| Taxes, remuneration and social security | 45 | €16,433 | €27,227 | +€10,794 | +65.7% |
| Taxes | 450/3 | €16,433 | €27,227 | +€10,794 | +65.7% |
| Other amounts payable | 47/48 | €42,725 | €15,722 | -€27,003 | -63.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €95,438 | €0 | -€95,438 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,455 | €714 | -€741 | -50.9% |
| Gross operating margin | 9900 | €156,082 | €67,797 | -€88,284 | -56.6% |
| Operating profit (loss) | 9901 | €154,627 | €67,084 | -€87,543 | -56.6% |
| Financial income | 75/76B | €689 | €107 | -€582 | -84.5% |
| Recurring financial income | 75 | €689 | €107 | -€582 | -84.5% |
| Financial charges | 65/66B | €83 | €44 | -€39 | -47.0% |
| Recurring financial charges | 65 | €83 | €44 | -€39 | -47.0% |
| Profit (loss) for the period before taxes | 9903 | €155,233 | €67,147 | -€88,086 | -56.7% |
| Income taxes | 67/77 | €38,965 | €19,628 | -€19,337 | -49.6% |
| Profit (loss) for the period | 9904 | €116,268 | €47,519 | -€68,749 | -59.1% |
| Profit (loss) for the period to be appropriated | 9905 | €116,268 | €47,519 | -€68,749 | -59.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.