LA FEE DU LAC: 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.
LA FEE DU LAC
Largest movements
- Tangible fixed assets -€37,510
down €37,510 (-4.9%), from €763,586 to €726,076
- Other debts -€44,418
down €44,418 (-10.8%), from €410,771 to €366,353
- Reserves +€24,199
up €24,199 (+12.2%), from €197,705 to €221,904
of which Distributable reserves: +€24,199
- Tax, wage and social debts -€13,686
down €13,686 (-90.1%), from €15,182 to €1,496
- Gross operating margin -€5,715
down €5,715 (-6.5%), from €87,425 to €81,710
- Taxes -€3,686
down €3,686 (-24.3%), from €15,182 to €11,496
- Depreciation +€3,314
up €3,314 (+9.7%), from €34,197 to €37,510
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 | €765,567 | €729,585 | -€35,982 | -4.7% |
| Fixed assets | 21/28 | €763,586 | €726,076 | -€37,510 | -4.9% |
| Tangible fixed assets | 22/27 | €763,586 | €726,076 | -€37,510 | -4.9% |
| Land and buildings | 22 | €763,586 | €726,076 | -€37,510 | -4.9% |
| Current assets | 29/58 | €1,981 | €3,509 | +€1,529 | +77.2% |
| Amounts receivable within one year | 40/41 | - | €256 | +€256 | |
| Trade receivables | 40 | - | €256 | +€256 | |
| Cash at bank and in hand | 54/58 | €1,981 | €1,034 | -€946 | -47.8% |
| Deferred charges and accrued income | 490/1 | - | €2,219 | +€2,219 | |
| Total equity and liabilities | 10/49 | €765,567 | €729,585 | -€35,982 | -4.7% |
| Equity | 10/15 | €333,538 | €357,736 | +€24,199 | +7.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €197,705 | €221,904 | +€24,199 | +12.2% |
| Non-distributable reserves | 130/1 | €2,887 | €2,887 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,887 | €2,887 | = | 0.0% |
| Distributable reserves | 133 | €194,818 | €219,016 | +€24,199 | +12.4% |
| Profit (loss) carried forward | 14 | €35,833 | €35,833 | = | 0.0% |
| Amounts payable | 17/49 | €432,029 | €371,849 | -€60,180 | -13.9% |
| Amounts payable within one year | 42/48 | €428,029 | €367,849 | -€60,180 | -14.1% |
| Trade debts | 44 | €2,077 | - | -€2,077 | |
| Suppliers | 440/4 | €2,077 | - | -€2,077 | |
| Taxes, remuneration and social security | 45 | €15,182 | €1,496 | -€13,686 | -90.1% |
| Taxes | 450/3 | €15,182 | €1,496 | -€13,686 | -90.1% |
| Other amounts payable | 47/48 | €410,771 | €366,353 | -€44,418 | -10.8% |
| Accrued charges and deferred income | 492/3 | €4,000 | €4,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,197 | €37,510 | +€3,314 | +9.7% |
| Other operating charges | 640/8 | €8,351 | €8,459 | +€108 | +1.3% |
| Gross operating margin | 9900 | €87,425 | €81,710 | -€5,715 | -6.5% |
| Operating profit (loss) | 9901 | €44,878 | €35,741 | -€9,137 | -20.4% |
| Financial charges | 65/66B | €46 | €46 | = | 0.0% |
| Recurring financial charges | 65 | €46 | €46 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €44,831 | €35,695 | -€9,137 | -20.4% |
| Income taxes | 67/77 | €15,182 | €11,496 | -€3,686 | -24.3% |
| Profit (loss) for the period | 9904 | €29,650 | €24,199 | -€5,451 | -18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,650 | €24,199 | -€5,451 | -18.4% |
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 26 October 2026 via checked.be.