LAC MANAGEMENT: 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.
LAC MANAGEMENT
Largest movements
- Cash -€29,227
down €29,227 (-98.6%), from €29,647 to €420
mainly Other debts (-€106,243) and Debts after one year (-€25,741)
- Receivables within one year -€25,000
down €25,000 (-15.8%), from €158,000 to €133,000
- Other debts -€106,243
down €106,243 (-33.9%), from €312,970 to €206,727
- Profit (loss) carried forward +€58,680
up €58,680 (+19.6%), from €299,431 to €358,110
- Debts after one year -€25,741
down €25,741 (-16.1%), from €160,079 to €134,337
- Reserves +€16,419
new in 2024: €16,419
- Taxes +€43,801
up €43,801 (+175.2%), from €25,000 to €68,801
- Gross operating margin +€2,819
up €2,819 (+1.9%), from €146,049 to €148,868
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 | €802,631 | €747,954 | -€54,677 | -6.8% |
| Fixed assets | 21/28 | €614,984 | €614,534 | -€450 | -0.1% |
| Tangible fixed assets | 22/27 | €1,650 | €1,200 | -€450 | -27.3% |
| Furniture and vehicles | 24 | €1,650 | €1,200 | -€450 | -27.3% |
| Financial fixed assets | 28 | €613,334 | €613,334 | = | 0.0% |
| Current assets | 29/58 | €187,647 | €133,420 | -€54,227 | -28.9% |
| Amounts receivable within one year | 40/41 | €158,000 | €133,000 | -€25,000 | -15.8% |
| Trade receivables | 40 | €158,000 | €133,000 | -€25,000 | -15.8% |
| Cash at bank and in hand | 54/58 | €29,647 | €420 | -€29,227 | -98.6% |
| Total equity and liabilities | 10/49 | €802,631 | €747,954 | -€54,677 | -6.8% |
| Equity | 10/15 | €299,531 | €374,629 | +€75,099 | +25.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Capital | 10 | €100 | €100 | = | 0.0% |
| Issued capital | 100 | €100 | €100 | = | 0.0% |
| Reserves | 13 | - | €16,419 | +€16,419 | |
| Tax-exempt reserves | 132 | - | €16,419 | +€16,419 | |
| Profit (loss) carried forward | 14 | €299,431 | €358,110 | +€58,680 | +19.6% |
| Amounts payable | 17/49 | €503,100 | €373,325 | -€129,776 | -25.8% |
| Amounts payable after more than one year | 17 | €160,079 | €134,337 | -€25,741 | -16.1% |
| Financial debts | 170/4 | €160,079 | €134,337 | -€25,741 | -16.1% |
| Amounts payable within one year | 42/48 | €343,022 | €238,987 | -€104,034 | -30.3% |
| Current portion of amounts payable after more than one year | 42 | €25,231 | €25,741 | +€510 | +2.0% |
| Trade debts | 44 | - | €2,178 | +€2,178 | |
| Suppliers | 440/4 | - | €2,178 | +€2,178 | |
| Taxes, remuneration and social security | 45 | €4,820 | €4,341 | -€479 | -9.9% |
| Taxes | 450/3 | €4,820 | €4,341 | -€479 | -9.9% |
| Other amounts payable | 47/48 | €312,970 | €206,727 | -€106,243 | -33.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €150 | €450 | +€300 | +200.0% |
| Other operating charges | 640/8 | €435 | €875 | +€441 | +101.4% |
| Gross operating margin | 9900 | €146,049 | €148,868 | +€2,819 | +1.9% |
| Operating profit (loss) | 9901 | €145,464 | €147,542 | +€2,078 | +1.4% |
| Financial charges | 65/66B | €4,175 | €3,643 | -€532 | -12.7% |
| Recurring financial charges | 65 | €4,175 | €3,643 | -€532 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €141,289 | €143,899 | +€2,610 | +1.8% |
| Income taxes | 67/77 | €25,000 | €68,801 | +€43,801 | +175.2% |
| Profit (loss) for the period | 9904 | €116,289 | €75,099 | -€41,190 | -35.4% |
| Transfer to tax-exempt reserves | 689 | - | €16,419 | +€16,419 | |
| Profit (loss) for the period to be appropriated | 9905 | €116,289 | €58,680 | -€57,609 | -49.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.