LA Swim: 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 Swim
Largest movements
- Cash -€10,820
down €10,820 (-31.9%), from €33,899 to €23,079
mainly Other debts (-€29,610) and Investment in fixed assets (net) (-€2,541)
- Tangible fixed assets -€3,628
down €3,628 (-31.8%), from €11,393 to €7,765
of which Furniture and vehicles: -€5,158
- Other debts -€29,610
down €29,610 (-57.3%), from €51,647 to €22,037
- Reserves +€16,235
up €16,235 (+59.0%), from €27,500 to €43,735
- Gross operating margin -€29,135
down €29,135 (-56.3%), from €51,753 to €22,618
- Financial income +€8,113
up €8,113 (+102.9%), from €7,887 to €16,001
- Financial charges +€5,922
up €5,922 (+207.6%), from €2,852 to €8,774
of which Non-recurring financial charges: +€4,800
- Taxes -€5,674
down €5,674 (-46.6%), from €12,172 to €6,499
- Write-downs -€4,669
no longer reported in 2024 (was €4,669)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €155,233 | €142,014 | -€13,219 | -8.5% |
| Fixed assets | 21/28 | €117,662 | €114,034 | -€3,628 | -3.1% |
| Tangible fixed assets | 22/27 | €11,393 | €7,765 | -€3,628 | -31.8% |
| Plant, machinery and equipment | 23 | €810 | €2,339 | +€1,529 | +188.9% |
| Furniture and vehicles | 24 | €10,583 | €5,426 | -€5,158 | -48.7% |
| Financial fixed assets | 28 | €106,269 | €106,269 | = | 0.0% |
| Current assets | 29/58 | €37,571 | €27,980 | -€9,591 | -25.5% |
| Amounts receivable within one year | 40/41 | €1,358 | €2,728 | +€1,370 | +100.9% |
| Trade receivables | 40 | €145 | €901 | +€756 | +520.4% |
| Other amounts receivable | 41 | €1,212 | €1,827 | +€615 | +50.7% |
| Cash at bank and in hand | 54/58 | €33,899 | €23,079 | -€10,820 | -31.9% |
| Deferred charges and accrued income | 490/1 | €2,314 | €2,173 | -€142 | -6.1% |
| Total equity and liabilities | 10/49 | €155,233 | €142,014 | -€13,219 | -8.5% |
| Equity | 10/15 | €98,224 | €114,459 | +€16,235 | +16.5% |
| Contributions | 10/11 | €17,500 | €17,500 | = | 0.0% |
| Reserves | 13 | €27,500 | €43,735 | +€16,235 | +59.0% |
| Distributable reserves | 133 | €27,500 | €43,735 | +€16,235 | +59.0% |
| Profit (loss) carried forward | 14 | €53,224 | €53,224 | = | 0.0% |
| Amounts payable | 17/49 | €57,009 | €27,554 | -€29,455 | -51.7% |
| Amounts payable within one year | 42/48 | €57,009 | €27,554 | -€29,455 | -51.7% |
| Trade debts | 44 | €1,396 | €2,155 | +€759 | +54.4% |
| Suppliers | 440/4 | €1,396 | €2,155 | +€759 | +54.4% |
| Taxes, remuneration and social security | 45 | €3,966 | €3,363 | -€604 | -15.2% |
| Taxes | 450/3 | €3,966 | €3,363 | -€604 | -15.2% |
| Other amounts payable | 47/48 | €51,647 | €22,037 | -€29,610 | -57.3% |
| Non-recurring operating income | 76A | €1,433 | €12,670 | +€11,237 | +784.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,887 | €6,169 | +€282 | +4.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,669 | - | -€4,669 | |
| Other operating charges | 640/8 | €781 | €942 | +€161 | +20.6% |
| Gross operating margin | 9900 | €51,753 | €22,618 | -€29,135 | -56.3% |
| Operating profit (loss) | 9901 | €40,415 | €15,507 | -€24,909 | -61.6% |
| Financial income | 75/76B | €7,887 | €16,001 | +€8,113 | +102.9% |
| Recurring financial income | 75 | €7,887 | €16,001 | +€8,113 | +102.9% |
| Financial charges | 65/66B | €2,852 | €8,774 | +€5,922 | +207.6% |
| Recurring financial charges | 65 | €2,852 | €3,974 | +€1,122 | +39.3% |
| Non-recurring financial charges | 66B | - | €4,800 | +€4,800 | |
| Profit (loss) for the period before taxes | 9903 | €45,451 | €22,734 | -€22,717 | -50.0% |
| Income taxes | 67/77 | €12,172 | €6,499 | -€5,674 | -46.6% |
| Profit (loss) for the period | 9904 | €33,278 | €16,235 | -€17,043 | -51.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,278 | €16,235 | -€17,043 | -51.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.