LAAA HOLDING: 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.
LAAA HOLDING
Largest movements
- Cash +€126,707
up €126,707 (+21246.8%), from €596 to €127,304
mainly Debts after one year (+€529,899) and Current portion of long-term debt (+€85,339)
- Other debts -€532,311
down €532,311 (-13.0%), from €4.1m to €3.6m
- Debts after one year +€529,899
new in 2025: €529,899
- Current portion of long-term debt +€85,339
new in 2025: €85,339
- Gross operating margin +€53,812
up €53,812, from -€398 to €53,414
- Financial charges +€8,578
up €8,578 (+1907.1%), from €450 to €9,028
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 | €4,590,596 | €4,717,661 | +€127,065 | +2.8% |
| Fixed assets | 21/28 | €4,590,000 | €4,590,000 | = | 0.0% |
| Financial fixed assets | 28 | €4,590,000 | €4,590,000 | = | 0.0% |
| Current assets | 29/58 | €596 | €127,661 | +€127,065 | +21306.7% |
| Amounts receivable within one year | 40/41 | - | €357 | +€357 | |
| Other amounts receivable | 41 | - | €357 | +€357 | |
| Cash at bank and in hand | 54/58 | €596 | €127,304 | +€126,707 | +21246.8% |
| Total equity and liabilities | 10/49 | €4,590,596 | €4,717,661 | +€127,065 | +2.8% |
| Equity | 10/15 | €488,382 | €532,490 | +€44,108 | +9.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €483,382 | €527,490 | +€44,108 | +9.1% |
| Amounts payable | 17/49 | €4,102,214 | €4,185,171 | +€82,957 | +2.0% |
| Amounts payable after more than one year | 17 | - | €529,899 | +€529,899 | |
| Financial debts | 170/4 | - | €529,899 | +€529,899 | |
| Amounts payable within one year | 42/48 | €4,102,214 | €3,655,273 | -€446,941 | -10.9% |
| Current portion of amounts payable after more than one year | 42 | - | €85,339 | +€85,339 | |
| Trade debts | 44 | €968 | €998 | +€31 | +3.2% |
| Suppliers | 440/4 | €968 | €998 | +€31 | +3.2% |
| Other amounts payable | 47/48 | €4,101,247 | €3,568,935 | -€532,311 | -13.0% |
| Other operating charges | 640/8 | - | €279 | +€279 | |
| Gross operating margin | 9900 | -€398 | €53,414 | +€53,812 | |
| Operating profit (loss) | 9901 | -€398 | €53,135 | +€53,533 | |
| Financial charges | 65/66B | €450 | €9,028 | +€8,578 | +1907.1% |
| Recurring financial charges | 65 | €450 | €9,028 | +€8,578 | +1907.1% |
| Profit (loss) for the period before taxes | 9903 | -€848 | €44,108 | +€44,956 | |
| Profit (loss) for the period | 9904 | -€848 | €44,108 | +€44,956 | |
| Profit (loss) for the period to be appropriated | 9905 | -€848 | €44,108 | +€44,956 |
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 8 October 2026 via checked.be.