LACH: 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.
LACH
Largest movements
- Receivables within one year +€7,956
up €7,956 (+23.9%), from €33,253 to €41,209
of which Trade receivables: +€6,640
- Cash -€4,336
down €4,336 (-5.2%), from €83,317 to €78,980
mainly Contributions, distributions and other (-€23,540) and Other debts (-€23,377)
- Tangible fixed assets -€2,166
down €2,166 (-8.4%), from €25,631 to €23,465
of which Furniture and vehicles: -€7,202
- Reserves +€25,964
up €25,964 (+22.4%), from €115,735 to €141,700
- Other debts -€23,377
down €23,377 (-47.6%), from €49,082 to €25,705
- Debts after one year -€7,072
down €7,072 (-70.5%), from €10,032 to €2,960
- Tax, wage and social debts +€4,427
up €4,427 (+379.1%), from €1,168 to €5,594
of which Taxes: +€2,441
- Trade debts +€3,685
up €3,685 (+44.1%), from €8,351 to €12,037
- Gross operating margin +€60,142
up €60,142 (+95.6%), from €62,942 to €123,085
- Staff costs +€46,675
up €46,675, from €0 to €46,675
- Taxes +€10,637
up €10,637 (+214.7%), from €4,955 to €15,592
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 | €204,231 | €207,482 | +€3,251 | +1.6% |
| Fixed assets | 21/28 | €25,631 | €23,465 | -€2,166 | -8.4% |
| Tangible fixed assets | 22/27 | €25,631 | €23,465 | -€2,166 | -8.4% |
| Land and buildings | 22 | €5,756 | €9,339 | +€3,582 | +62.2% |
| Plant, machinery and equipment | 23 | €2,731 | €4,186 | +€1,455 | +53.3% |
| Furniture and vehicles | 24 | €17,143 | €9,941 | -€7,202 | -42.0% |
| Current assets | 29/58 | €178,601 | €184,017 | +€5,416 | +3.0% |
| Amounts receivable within one year | 40/41 | €33,253 | €41,209 | +€7,956 | +23.9% |
| Trade receivables | 40 | €23,662 | €30,303 | +€6,640 | +28.1% |
| Other amounts receivable | 41 | €9,590 | €10,906 | +€1,316 | +13.7% |
| Current investments | 50/53 | €61,650 | €61,650 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €83,317 | €78,980 | -€4,336 | -5.2% |
| Deferred charges and accrued income | 490/1 | €381 | €2,178 | +€1,796 | +470.9% |
| Total equity and liabilities | 10/49 | €204,231 | €207,482 | +€3,251 | +1.6% |
| Equity | 10/15 | €128,135 | €154,100 | +€25,964 | +20.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €115,735 | €141,700 | +€25,964 | +22.4% |
| Distributable reserves | 133 | €115,735 | €141,700 | +€25,964 | +22.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €76,096 | €53,382 | -€22,714 | -29.8% |
| Amounts payable after more than one year | 17 | €10,032 | €2,960 | -€7,072 | -70.5% |
| Financial debts | 170/4 | €10,032 | €2,960 | -€7,072 | -70.5% |
| Amounts payable within one year | 42/48 | €65,628 | €50,408 | -€15,219 | -23.2% |
| Current portion of amounts payable after more than one year | 42 | €7,026 | €7,072 | +€46 | +0.7% |
| Trade debts | 44 | €8,351 | €12,037 | +€3,685 | +44.1% |
| Suppliers | 440/4 | €8,351 | €12,037 | +€3,685 | +44.1% |
| Taxes, remuneration and social security | 45 | €1,168 | €5,594 | +€4,427 | +379.1% |
| Taxes | 450/3 | €1,168 | €3,608 | +€2,441 | +209.0% |
| Remuneration and social security | 454/9 | - | €1,986 | +€1,986 | |
| Other amounts payable | 47/48 | €49,082 | €25,705 | -€23,377 | -47.6% |
| Accrued charges and deferred income | 492/3 | €436 | €14 | -€423 | -96.8% |
| Remuneration, social security and pensions | 62 | €0 | €46,675 | +€46,675 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,532 | €8,986 | +€454 | +5.3% |
| Other operating charges | 640/8 | €865 | €728 | -€137 | -15.8% |
| Gross operating margin | 9900 | €62,942 | €123,085 | +€60,142 | +95.6% |
| Operating profit (loss) | 9901 | €53,545 | €66,695 | +€13,150 | +24.6% |
| Financial income | 75/76B | €1 | €23 | +€22 | +2338.7% |
| Recurring financial income | 75 | €1 | €23 | +€22 | +2338.7% |
| Financial charges | 65/66B | €1,251 | €1,622 | +€370 | +29.6% |
| Recurring financial charges | 65 | €1,251 | €1,622 | +€370 | +29.6% |
| Profit (loss) for the period before taxes | 9903 | €52,295 | €65,096 | +€12,801 | +24.5% |
| Income taxes | 67/77 | €4,955 | €15,592 | +€10,637 | +214.7% |
| Profit (loss) for the period | 9904 | €47,340 | €49,504 | +€2,164 | +4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €47,340 | €49,504 | +€2,164 | +4.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.