LAAL - LIU: 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.
LAAL - LIU
Largest movements
- Cash +€31,400
up €31,400 (+60.6%), from €51,854 to €83,254
mainly Net result for the year (+€26,132) and Depreciation (+€25,086)
- Tangible fixed assets -€6,594
down €6,594 (-10.9%), from €60,340 to €53,745
- Receivables within one year -€4,130
down €4,130 (-32.4%), from €12,758 to €8,628
of which Other amounts receivable: -€3,167
- Deferred charges and accrued income +€1,951
up €1,951 (+127%), from €1,536 to €3,487
- Profit (loss) carried forward +€26,132
up €26,132 (+43.6%), from €59,914 to €86,046
- Debts after one year -€11,000
down €11,000 (-33.2%), from €33,162 to €22,162
- Tax, wage and social debts +€8,577
up €8,577 (+116%), from €7,399 to €15,976
of which Remuneration and social security: +€7,161
- Gross operating margin +€20,656
up €20,656 (+29.9%), from €69,135 to €89,791
- Depreciation +€8,545
up €8,545 (+51.7%), from €16,541 to €25,086
- Staff costs +€4,598
up €4,598 (+20.3%), from €22,640 to €27,238
- Taxes +€4,270
up €4,270 (+91.4%), from €4,670 to €8,940
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 | €126,487 | €149,114 | +€22,626 | +17.9% |
| Fixed assets | 21/28 | €60,340 | €53,745 | -€6,594 | -10.9% |
| Tangible fixed assets | 22/27 | €60,340 | €53,745 | -€6,594 | -10.9% |
| Furniture and vehicles | 24 | €60,340 | €53,745 | -€6,594 | -10.9% |
| Current assets | 29/58 | €66,148 | €95,369 | +€29,221 | +44.2% |
| Amounts receivable within one year | 40/41 | €12,758 | €8,628 | -€4,130 | -32.4% |
| Trade receivables | 40 | €9,591 | €8,628 | -€963 | -10.0% |
| Other amounts receivable | 41 | €3,167 | - | -€3,167 | |
| Cash at bank and in hand | 54/58 | €51,854 | €83,254 | +€31,400 | +60.6% |
| Deferred charges and accrued income | 490/1 | €1,536 | €3,487 | +€1,951 | +127% |
| Total equity and liabilities | 10/49 | €126,487 | €149,114 | +€22,626 | +17.9% |
| Equity | 10/15 | €63,914 | €90,046 | +€26,132 | +40.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,914 | €86,046 | +€26,132 | +43.6% |
| Amounts payable | 17/49 | €62,573 | €59,068 | -€3,505 | -5.6% |
| Amounts payable after more than one year | 17 | €33,162 | €22,162 | -€11,000 | -33.2% |
| Financial debts | 170/4 | €33,162 | €22,162 | -€11,000 | -33.2% |
| Amounts payable within one year | 42/48 | €29,411 | €36,906 | +€7,495 | +25.5% |
| Current portion of amounts payable after more than one year | 42 | €11,980 | €11,000 | -€980 | -8.2% |
| Trade debts | 44 | €139 | €423 | +€284 | +205% |
| Suppliers | 440/4 | €139 | €423 | +€284 | +205% |
| Taxes, remuneration and social security | 45 | €7,399 | €15,976 | +€8,577 | +116% |
| Taxes | 450/3 | €670 | €2,085 | +€1,415 | +211% |
| Remuneration and social security | 454/9 | €6,729 | €13,891 | +€7,161 | +106% |
| Other amounts payable | 47/48 | €9,893 | €9,507 | -€386 | -3.9% |
| Remuneration, social security and pensions | 62 | €22,640 | €27,238 | +€4,598 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,541 | €25,086 | +€8,545 | +51.7% |
| Other operating charges | 640/8 | €660 | €667 | +€7 | +1.0% |
| Gross operating margin | 9900 | €69,135 | €89,791 | +€20,656 | +29.9% |
| Operating profit (loss) | 9901 | €29,293 | €36,799 | +€7,506 | +25.6% |
| Financial charges | 65/66B | €1,045 | €1,728 | +€683 | +65.3% |
| Recurring financial charges | 65 | €1,045 | €1,728 | +€683 | +65.3% |
| Profit (loss) for the period before taxes | 9903 | €28,248 | €35,072 | +€6,823 | +24.2% |
| Income taxes | 67/77 | €4,670 | €8,940 | +€4,270 | +91.4% |
| Profit (loss) for the period | 9904 | €23,579 | €26,132 | +€2,553 | +10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,579 | €26,132 | +€2,553 | +10.8% |
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 25 October 2026 via checked.be.