LAC ENGINEERING: 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.
LAC ENGINEERING
Largest movements
- Cash +€43,283
up €43,283 (+115%), from €37,783 to €81,066
mainly Other debts (+€43,489) and Stocks and contracts (+€21,491)
- Stocks and contracts -€21,491
down €21,491 (-47.5%), from €45,252 to €23,761
- Receivables within one year -€17,834
down €17,834 (-13.4%), from €133,281 to €115,447
of which Trade receivables: -€11,227
- Other debts +€43,489
up €43,489 (+34.7%), from €125,393 to €168,882
- Trade debts -€42,186
down €42,186 (-82.6%), from €51,078 to €8,892
- Tax, wage and social debts +€2,208
new in 2025: €2,208
- Write-downs -€40,564
no longer reported in 2025 (was €40,564)
- Staff costs +€2,807
up €2,807 (+18.2%), from €15,423 to €18,230
- Gross operating margin +€1,107
up €1,107 (+4.0%), from €27,918 to €29,025
- Financial charges -€1,009
down €1,009 (-9.0%), from €11,213 to €10,204
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 | €216,571 | €220,757 | +€4,186 | +1.9% |
| Fixed assets | 21/28 | €154 | €154 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €154 | €154 | = | 0.0% |
| Current assets | 29/58 | €216,417 | €220,603 | +€4,186 | +1.9% |
| Stocks and contracts in progress | 3 | €45,252 | €23,761 | -€21,491 | -47.5% |
| Stocks | 30/36 | €45,252 | €23,761 | -€21,491 | -47.5% |
| Amounts receivable within one year | 40/41 | €133,281 | €115,447 | -€17,834 | -13.4% |
| Trade receivables | 40 | €126,332 | €115,105 | -€11,227 | -8.9% |
| Other amounts receivable | 41 | €6,949 | €342 | -€6,608 | -95.1% |
| Cash at bank and in hand | 54/58 | €37,783 | €81,066 | +€43,283 | +115% |
| Deferred charges and accrued income | 490/1 | €101 | €329 | +€229 | +227% |
| Total equity and liabilities | 10/49 | €216,571 | €220,757 | +€4,186 | +1.9% |
| Equity | 10/15 | €40,100 | €40,774 | +€674 | +1.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,640 | €20,314 | +€674 | +3.4% |
| Amounts payable | 17/49 | €176,471 | €179,983 | +€3,512 | +2.0% |
| Amounts payable within one year | 42/48 | €176,471 | €179,983 | +€3,512 | +2.0% |
| Trade debts | 44 | €51,078 | €8,892 | -€42,186 | -82.6% |
| Suppliers | 440/4 | €51,078 | €8,892 | -€42,186 | -82.6% |
| Taxes, remuneration and social security | 45 | - | €2,208 | +€2,208 | |
| Remuneration and social security | 454/9 | - | €2,208 | +€2,208 | |
| Other amounts payable | 47/48 | €125,393 | €168,882 | +€43,489 | +34.7% |
| Remuneration, social security and pensions | 62 | €15,423 | €18,230 | +€2,807 | +18.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €40,564 | - | -€40,564 | |
| Other operating charges | 640/8 | €165 | €66 | -€100 | -60.3% |
| Gross operating margin | 9900 | €27,918 | €29,025 | +€1,107 | +4.0% |
| Operating profit (loss) | 9901 | -€28,234 | €10,729 | +€38,963 | |
| Financial income | 75/76B | €337 | €130 | -€206 | -61.3% |
| Recurring financial income | 75 | €337 | €130 | -€206 | -61.3% |
| Financial charges | 65/66B | €11,213 | €10,204 | -€1,009 | -9.0% |
| Recurring financial charges | 65 | €11,213 | €10,204 | -€1,009 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | -€39,110 | €656 | +€39,766 | |
| Income taxes | 67/77 | €19 | -€19 | -€38 | |
| Profit (loss) for the period | 9904 | -€39,129 | €674 | +€39,803 | |
| Profit (loss) for the period to be appropriated | 9905 | -€39,129 | €674 | +€39,803 |
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 16 October 2026 via checked.be.