LACABO: 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.
LACABO
Largest movements
- Cash -€96,931
down €96,931 (-50.1%), from €193,365 to €96,434
mainly Trade debts (-€81,041) and Contributions, distributions and other (-€60,000)
- Tangible fixed assets -€55,349
down €55,349 (-4.0%), from €1.4m to €1.3m
of which Land and buildings: -€50,601
- Trade debts -€81,041
down €81,041 (-72.3%), from €112,154 to €31,113
- Debts after one year -€49,390
down €49,390 (-4.1%), from €1.2m to €1.2m
- Reserves -€19,474
down €19,474 (-19.6%), from €99,175 to €79,701
of which Distributable reserves: -€19,474
- Gross operating margin -€19,949
down €19,949 (-8.7%), from €229,154 to €209,205
- Financial charges -€4,114
down €4,114 (-5.9%), from €69,172 to €65,059
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 | €1,615,228 | €1,463,738 | -€151,489 | -9.4% |
| Fixed assets | 21/28 | €1,389,345 | €1,333,996 | -€55,349 | -4.0% |
| Tangible fixed assets | 22/27 | €1,389,345 | €1,333,996 | -€55,349 | -4.0% |
| Land and buildings | 22 | €1,290,937 | €1,240,336 | -€50,601 | -3.9% |
| Plant, machinery and equipment | 23 | €98,408 | €93,660 | -€4,748 | -4.8% |
| Current assets | 29/58 | €225,883 | €129,742 | -€96,141 | -42.6% |
| Amounts receivable within one year | 40/41 | €173 | €0 | -€173 | -100.0% |
| Trade receivables | 40 | €173 | €0 | -€173 | -100.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €193,365 | €96,434 | -€96,931 | -50.1% |
| Deferred charges and accrued income | 490/1 | €32,345 | €33,308 | +€963 | +3.0% |
| Total equity and liabilities | 10/49 | €1,615,228 | €1,463,738 | -€151,489 | -9.4% |
| Equity | 10/15 | €234,175 | €214,701 | -€19,474 | -8.3% |
| Contributions | 10/11 | €135,000 | €135,000 | = | 0.0% |
| Capital | 10 | €135,000 | €135,000 | = | 0.0% |
| Issued capital | 100 | €135,000 | €135,000 | = | 0.0% |
| Reserves | 13 | €99,175 | €79,701 | -€19,474 | -19.6% |
| Non-distributable reserves | 130/1 | €13,500 | €13,500 | = | 0.0% |
| Legal reserve | 130 | €13,500 | €13,500 | = | 0.0% |
| Distributable reserves | 133 | €85,675 | €66,201 | -€19,474 | -22.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,381,053 | €1,249,037 | -€132,016 | -9.6% |
| Amounts payable after more than one year | 17 | €1,204,134 | €1,154,744 | -€49,390 | -4.1% |
| Financial debts | 170/4 | €1,204,134 | €1,154,744 | -€49,390 | -4.1% |
| Amounts payable within one year | 42/48 | €172,154 | €91,113 | -€81,041 | -47.1% |
| Trade debts | 44 | €112,154 | €31,113 | -€81,041 | -72.3% |
| Suppliers | 440/4 | €112,154 | €31,113 | -€81,041 | -72.3% |
| Other amounts payable | 47/48 | €60,000 | €60,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €4,765 | €3,181 | -€1,584 | -33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,769 | €69,880 | +€1,111 | +1.6% |
| Other operating charges | 640/8 | €34,149 | €33,740 | -€409 | -1.2% |
| Gross operating margin | 9900 | €229,154 | €209,205 | -€19,949 | -8.7% |
| Operating profit (loss) | 9901 | €126,236 | €105,585 | -€20,651 | -16.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €69,172 | €65,059 | -€4,114 | -5.9% |
| Recurring financial charges | 65 | €69,172 | €65,059 | -€4,114 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €57,064 | €40,526 | -€16,538 | -29.0% |
| Profit (loss) for the period | 9904 | €57,064 | €40,526 | -€16,538 | -29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €57,064 | €40,526 | -€16,538 | -29.0% |
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 28 September 2026 via checked.be.