LA1A4: 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.
LA1A4
Largest movements
- Receivables within one year -€4,186
down €4,186 (-99.1%), from €4,225 to €39
- Cash -€3,453
down €3,453 (-25.7%), from €13,462 to €10,008
mainly Trade debts (-€5,945) and Net result for the year (-€3,163)
- Formation expenses -€1,468
no longer reported in 2025 (was €1,468)
- Trade debts -€5,945
no longer reported in 2025 (was €5,945)
- Profit (loss) carried forward -€3,163
down €3,163 (-149.0%), from -€2,123 to -€5,286
- Other operating charges +€787
new in 2025: €787
- Gross operating margin -€112
down €112 (-14.8%), from -€758 to -€870
- Depreciation +€104
up €104 (+7.6%), from €1,364 to €1,468
- Financial charges +€36
up €36 (+2900.0%), from €1 to €38
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 | €63,822 | €54,714 | -€9,108 | -14.3% |
| Formation expenses | 20 | €1,468 | - | -€1,468 | |
| Current assets | 29/58 | €62,353 | €54,714 | -€7,639 | -12.3% |
| Stocks and contracts in progress | 3 | €44,666 | €44,666 | = | 0.0% |
| Stocks | 30/36 | €44,666 | €44,666 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,225 | €39 | -€4,186 | -99.1% |
| Other amounts receivable | 41 | €4,225 | €39 | -€4,186 | -99.1% |
| Cash at bank and in hand | 54/58 | €13,462 | €10,008 | -€3,453 | -25.7% |
| Total equity and liabilities | 10/49 | €63,822 | €54,714 | -€9,108 | -14.3% |
| Equity | 10/15 | €57,877 | €54,714 | -€3,163 | -5.5% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,123 | -€5,286 | -€3,163 | -149.0% |
| Amounts payable | 17/49 | €5,945 | - | -€5,945 | |
| Amounts payable within one year | 42/48 | €5,945 | - | -€5,945 | |
| Trade debts | 44 | €5,945 | - | -€5,945 | |
| Suppliers | 440/4 | €5,945 | - | -€5,945 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,364 | €1,468 | +€104 | +7.6% |
| Other operating charges | 640/8 | - | €787 | +€787 | |
| Gross operating margin | 9900 | -€758 | -€870 | -€112 | -14.8% |
| Operating profit (loss) | 9901 | -€2,122 | -€3,125 | -€1,003 | -47.3% |
| Financial charges | 65/66B | €1 | €38 | +€36 | +2900.0% |
| Recurring financial charges | 65 | €1 | €38 | +€36 | +2900.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,123 | -€3,163 | -€1,040 | -49.0% |
| Profit (loss) for the period | 9904 | -€2,123 | -€3,163 | -€1,040 | -49.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,123 | -€3,163 | -€1,040 | -49.0% |
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.