LA SOURCE INVEST: 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 SOURCE INVEST
Largest movements
- Tangible fixed assets -€10,901
down €10,901 (-3.8%), from €288,879 to €277,978
- Cash +€5,122
up €5,122 (+4.5%), from €115,076 to €120,199
mainly Depreciation (+€10,683) and Receivables within one year (+€2,004)
- Profit (loss) carried forward -€6,777
down €6,777 (-11.0%), from -€61,887 to -€68,664
- Other operating charges +€6,027
up €6,027 (+245%), from €2,462 to €8,489
- Taxes -€345
down €345, from €278 to -€67
- Depreciation -€303
down €303 (-2.8%), from €10,986 to €10,683
- Financial income -€300
down €300 (-29.9%), from €1,005 to €705
- Gross operating margin -€172
down €172 (-1.4%), from €12,034 to €11,863
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 | €421,919 | €415,284 | -€6,635 | -1.6% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €288,879 | €277,978 | -€10,901 | -3.8% |
| Tangible fixed assets | 22/27 | €288,879 | €277,978 | -€10,901 | -3.8% |
| Land and buildings | 22 | €288,879 | €277,978 | -€10,901 | -3.8% |
| Current assets | 29/58 | €133,040 | €137,306 | +€4,266 | +3.2% |
| Amounts receivable within one year | 40/41 | €17,964 | €15,959 | -€2,004 | -11.2% |
| Other amounts receivable | 41 | €17,964 | €15,959 | -€2,004 | -11.2% |
| Cash at bank and in hand | 54/58 | €115,076 | €120,199 | +€5,122 | +4.5% |
| Deferred charges and accrued income | 490/1 | - | €1,148 | +€1,148 | |
| Total equity and liabilities | 10/49 | €421,919 | €415,284 | -€6,635 | -1.6% |
| Equity | 10/15 | €418,113 | €411,336 | -€6,777 | -1.6% |
| Contributions | 10/11 | €480,000 | €480,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,887 | -€68,664 | -€6,777 | -11.0% |
| Amounts payable | 17/49 | €3,806 | €3,948 | +€142 | +3.7% |
| Amounts payable within one year | 42/48 | €484 | €542 | +€58 | +12.0% |
| Trade debts | 44 | €202 | €182 | -€20 | -9.9% |
| Suppliers | 440/4 | €202 | €182 | -€20 | -9.9% |
| Other amounts payable | 47/48 | €282 | €360 | +€78 | +27.7% |
| Accrued charges and deferred income | 492/3 | €3,322 | €3,406 | +€84 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,986 | €10,683 | -€303 | -2.8% |
| Other operating charges | 640/8 | €2,462 | €8,489 | +€6,027 | +245% |
| Gross operating margin | 9900 | €12,034 | €11,863 | -€172 | -1.4% |
| Operating profit (loss) | 9901 | -€1,414 | -€7,308 | -€5,895 | -417% |
| Financial income | 75/76B | €1,005 | €705 | -€300 | -29.9% |
| Recurring financial income | 75 | €1,005 | €705 | -€300 | -29.9% |
| Financial charges | 65/66B | €230 | €240 | +€10 | +4.3% |
| Recurring financial charges | 65 | €230 | €240 | +€10 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | -€638 | -€6,843 | -€6,205 | -973% |
| Income taxes | 67/77 | €278 | -€67 | -€345 | |
| Profit (loss) for the period | 9904 | -€916 | -€6,777 | -€5,861 | -640% |
| Profit (loss) for the period to be appropriated | 9905 | -€916 | -€6,777 | -€5,861 | -640% |
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 24 October 2026 via checked.be.