LACCOS: 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.
LACCOS
Largest movements
- Receivables within one year -€13,058
down €13,058 (-67.4%), from €19,360 to €6,302
of which Trade receivables: -€17,636
- Cash +€12,302
up €12,302 (+351.5%), from €3,500 to €15,802
mainly Receivables within one year (+€13,058) and Tax, wage and social debts (+€6,124)
- Deferred charges and accrued income +€8,283
new in 2025: €8,283
- Tangible fixed assets +€1,795
up €1,795 (+59.8%), from €3,000 to €4,795
- Tax, wage and social debts +€6,124
up €6,124 (+113.9%), from €5,375 to €11,500
of which Taxes: +€3,774
- Reserves +€5,735
up €5,735 (+60.8%), from €9,430 to €15,164
- Trade debts -€3,194
down €3,194 (-43.2%), from €7,388 to €4,193
- Accrued charges and deferred income +€825
new in 2025: €825
- Depreciation +€1,074
new in 2025: €1,074
- Taxes +€1,009
up €1,009 (+32.1%), from €3,143 to €4,153
- Gross operating margin -€937
down €937 (-7.5%), from €12,573 to €11,636
- Other operating charges +€787
new in 2025: €787
- Financial income +€188
new in 2025: €188
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 | €25,860 | €35,182 | +€9,322 | +36.0% |
| Fixed assets | 21/28 | €3,000 | €4,795 | +€1,795 | +59.8% |
| Tangible fixed assets | 22/27 | €3,000 | €4,795 | +€1,795 | +59.8% |
| Furniture and vehicles | 24 | €3,000 | €4,795 | +€1,795 | +59.8% |
| Current assets | 29/58 | €22,860 | €30,387 | +€7,527 | +32.9% |
| Amounts receivable within one year | 40/41 | €19,360 | €6,302 | -€13,058 | -67.4% |
| Trade receivables | 40 | €19,360 | €1,724 | -€17,636 | -91.1% |
| Other amounts receivable | 41 | - | €4,577 | +€4,577 | |
| Cash at bank and in hand | 54/58 | €3,500 | €15,802 | +€12,302 | +351.5% |
| Deferred charges and accrued income | 490/1 | - | €8,283 | +€8,283 | |
| Total equity and liabilities | 10/49 | €25,860 | €35,182 | +€9,322 | +36.0% |
| Equity | 10/15 | €12,930 | €18,664 | +€5,735 | +44.4% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €9,430 | €15,164 | +€5,735 | +60.8% |
| Distributable reserves | 133 | €9,430 | €15,164 | +€5,735 | +60.8% |
| Amounts payable | 17/49 | €12,930 | €16,518 | +€3,588 | +27.7% |
| Amounts payable within one year | 42/48 | €12,930 | €15,693 | +€2,763 | +21.4% |
| Trade debts | 44 | €7,388 | €4,193 | -€3,194 | -43.2% |
| Suppliers | 440/4 | €7,388 | €4,193 | -€3,194 | -43.2% |
| Taxes, remuneration and social security | 45 | €5,375 | €11,500 | +€6,124 | +113.9% |
| Taxes | 450/3 | €5,375 | €9,150 | +€3,774 | +70.2% |
| Remuneration and social security | 454/9 | - | €2,350 | +€2,350 | |
| Other amounts payable | 47/48 | €167 | €0 | -€167 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €825 | +€825 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,074 | +€1,074 | |
| Other operating charges | 640/8 | - | €787 | +€787 | |
| Gross operating margin | 9900 | €12,573 | €11,636 | -€937 | -7.5% |
| Operating profit (loss) | 9901 | €12,573 | €9,775 | -€2,798 | -22.3% |
| Financial income | 75/76B | - | €188 | +€188 | |
| Recurring financial income | 75 | - | €188 | +€188 | |
| Financial charges | 65/66B | - | €76 | +€76 | |
| Recurring financial charges | 65 | - | €76 | +€76 | |
| Profit (loss) for the period before taxes | 9903 | €12,573 | €9,887 | -€2,686 | -21.4% |
| Income taxes | 67/77 | €3,143 | €4,153 | +€1,009 | +32.1% |
| Profit (loss) for the period | 9904 | €9,430 | €5,735 | -€3,695 | -39.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,430 | €5,735 | -€3,695 | -39.2% |
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 11 October 2026 via checked.be.