LACHAUSSEE: 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.
What changed
LACHAUSSEE
NACE 46.620, Wholesale of machine tools
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.8m
2024 · €5.5m-€3.7m
Equity
€28.6m
2024 · €27.7m+€816,392
Cash
€8.0m
2024 · €22.2m-€14.2m
Balance sheet total
€63.4m
2024 · €80.6m-€17.2m
Largest movements
Assets
- Stocks and contracts -€15.9m
down €15.9m (-50.7%), from €31.3m to €15.4m
of which Contracts in progress: -€15.7m
- Cash -€14.2m
down €14.2m (-63.9%), from €22.2m to €8.0m
mainly Advances received (-€12.9m) and Investment in fixed assets (net) (-€6.8m)
- Receivables within one year +€6.7m
up €6.7m (+43.3%), from €15.5m to €22.2m
of which Trade receivables: +€6.7m
- Financial fixed assets +€3.0m
up €3.0m (+101%), from €3.0m to €6.0m
of which Affiliated companies: +€3.0m
- Tangible fixed assets +€2.7m
up €2.7m (+86.1%), from €3.1m to €5.7m
of which Assets under construction and advance payments: +€2.7m
Equity and liabilities
- Advances received -€12.9m
down €12.9m (-39.2%), from €32.9m to €20.0m
- Other debts -€4.6m
down €4.6m (-59.0%), from €7.8m to €3.2m
- Profit (loss) carried forward +€2.9m
up €2.9m (+13.4%), from €21.5m to €24.4m
- Reserves -€2.0m
down €2.0m (-48.1%), from €4.2m to €2.2m
of which Tax-exempt reserves: -€2.0m
- Provisions -€938,077
down €938,077 (-13.7%), from €6.8m to €5.9m
Income statement
- Provisions -€4.0m
down €4.0m, from €3.0m to -€938,077
- Goods and materials -€3.6m
down €3.6m (-20.1%), from €18.1m to €14.5m
of which Purchases: -€3.9m
- Services and other goods -€1.9m
down €1.9m (-20.0%), from €9.7m to €7.8m
- Taxes -€1.5m
down €1.5m (-80.8%), from €1.9m to €356,587
of which Taxes: -€1.5m
- Financial income +€954,370
up €954,370 (+282%), from €338,238 to €1.3m
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.
Result 2024
€5.5m
Turnover
-€255,076
Other operating income
-€894,610
Goods and materials
+€3.6m
Services and other goods
+€1.9m
Staff costs
-€521,252
Depreciation
-€528,148
Write-downs
+€44,038
Provisions
+€4.0m
Other operating charges
-€1,832
Other operating items
-€13.5m
Financial income
+€954,370
Financial charges
-€106,655
Taxes
+€1.5m
Result 2025
€1.8m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€6.8m
Investment
-€7.3m
Financing
-€132,615
Cash 2024
€22.2m
From operations (derived)
-€6.8m
Net result for the year
+€1.8m
Depreciation
+€997,544
Stocks and contracts
+€15.9m
Receivables within one year
-€6.7m
Deferred charges and accrued income
+€144,212
Provisions
-€938,077
Trade debts
-€362,357
Tax, wage and social debts
-€122,677
Advances received
-€12.9m
Other debts
-€4.6m
Accrued charges and deferred income
+€90,742
Investment (derived)
-€7.3m
Investment in fixed assets (net)
-€6.8m
Current investments
-€500,000
Financing
-€132,615
Debts after one year
+€816,067
Current portion of long-term debt
-€1,899
Contributions, distributions and other
-€946,783
Cash 2025
€8.0m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €80,599,190 | €63,418,327 | -€17.2m | -21.3% |
| Fixed assets | 21/28 | €9,092,753 | €14,846,930 | +€5.8m | +63.3% |
| Intangible fixed assets | 21 | €3,035,145 | €3,127,266 | +€92,121 | +3.0% |
| Tangible fixed assets | 22/27 | €3,086,693 | €5,743,749 | +€2.7m | +86.1% |
| Land and buildings | 22 | €677,129 | €704,476 | +€27,347 | +4.0% |
| Plant, machinery and equipment | 23 | €529,491 | €494,303 | -€35,188 | -6.6% |
| Furniture and vehicles | 24 | €219,771 | €180,524 | -€39,247 | -17.9% |
| Leasing and similar rights | 25 | €1,660,302 | €1,653,453 | -€6,849 | -0.4% |
| Assets under construction and advance payments | 27 | - | €2,710,993 | +€2.7m | |
| Financial fixed assets | 28 | €2,970,915 | €5,975,915 | +€3.0m | +101% |
| Affiliated companies | 280/1 | €2,870,515 | €5,870,515 | +€3.0m | +105% |
| Participating interests | 280 | €2,870,515 | €5,870,515 | +€3.0m | +105% |
| Other financial fixed assets | 284/8 | €100,400 | €105,400 | +€5,000 | +5.0% |
| Amounts receivable and cash guarantees | 285/8 | €100,400 | €105,400 | +€5,000 | +5.0% |
| Current assets | 29/58 | €71,506,437 | €48,571,397 | -€22.9m | -32.1% |
| Stocks and contracts in progress | 3 | €31,272,153 | €15,416,902 | -€15.9m | -50.7% |
| Stocks | 30/36 | €2,281,918 | €2,129,629 | -€152,289 | -6.7% |
| Raw materials and consumables | 30/31 | €1,369,279 | €915,523 | -€453,756 | -33.1% |
| Work in progress | 32 | €544,950 | €387,266 | -€157,684 | -28.9% |
| Finished goods | 33 | €367,689 | €826,840 | +€459,151 | +125% |
| Contracts in progress | 37 | €28,990,235 | €13,287,273 | -€15.7m | -54.2% |
| Amounts receivable within one year | 40/41 | €15,523,218 | €22,240,467 | +€6.7m | +43.3% |
| Trade receivables | 40 | €12,909,694 | €19,643,608 | +€6.7m | +52.2% |
| Other amounts receivable | 41 | €2,613,524 | €2,596,859 | -€16,665 | -0.6% |
| Current investments | 50/53 | €2,000,000 | €2,500,000 | +€500,000 | +25.0% |
| Other investments | 51/53 | €2,000,000 | €2,500,000 | +€500,000 | +25.0% |
| Cash at bank and in hand | 54/58 | €22,164,372 | €8,011,546 | -€14.2m | -63.9% |
| Deferred charges and accrued income | 490/1 | €546,694 | €402,482 | -€144,212 | -26.4% |
| Total equity and liabilities | 10/49 | €80,599,190 | €63,418,327 | -€17.2m | -21.3% |
| Equity | 10/15 | €27,739,144 | €28,555,536 | +€816,392 | +2.9% |
| Contributions | 10/11 | €1,551,350 | €1,551,350 | = | 0.0% |
| Capital | 10 | €1,551,350 | €1,551,350 | = | 0.0% |
| Issued capital | 100 | €1,551,350 | €1,551,350 | = | 0.0% |
| Reserves | 13 | €4,154,635 | €2,154,885 | -€2.0m | -48.1% |
| Non-distributable reserves | 130/1 | €155,135 | €155,135 | = | 0.0% |
| Legal reserve | 130 | €155,135 | €155,135 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,999,500 | €1,999,750 | -€2.0m | -50.0% |
| Profit (loss) carried forward | 14 | €21,495,066 | €24,377,991 | +€2.9m | +13.4% |
| Investment grants | 15 | €538,093 | €471,310 | -€66,783 | -12.4% |
| Provisions and deferred taxes | 16 | €6,824,267 | €5,886,190 | -€938,077 | -13.7% |
| Provisions for liabilities and charges | 160/5 | €6,824,267 | €5,886,190 | -€938,077 | -13.7% |
| Other liabilities and charges | 164/5 | €6,824,267 | €5,886,190 | -€938,077 | -13.7% |
| Amounts payable | 17/49 | €46,035,779 | €28,976,601 | -€17.1m | -37.1% |
| Amounts payable after more than one year | 17 | €8,333 | €824,400 | +€816,067 | +9,793% |
| Financial debts | 170/4 | €8,333 | €74,400 | +€66,067 | +793% |
| Leasing and similar obligations | 172 | - | €74,400 | +€74,400 | |
| Other loans | 174 | €8,333 | - | -€8,333 | |
| Other amounts payable | 178/9 | - | €750,000 | +€750,000 | |
| Amounts payable within one year | 42/48 | €46,003,476 | €28,037,489 | -€18.0m | -39.1% |
| Current portion of amounts payable after more than one year | 42 | €278,832 | €276,933 | -€1,899 | -0.7% |
| Trade debts | 44 | €3,717,291 | €3,354,934 | -€362,357 | -9.7% |
| Suppliers | 440/4 | €3,717,291 | €3,354,934 | -€362,357 | -9.7% |
| Advances received on contracts in progress | 46 | €32,908,393 | €20,021,486 | -€12.9m | -39.2% |
| Taxes, remuneration and social security | 45 | €1,319,877 | €1,197,200 | -€122,677 | -9.3% |
| Taxes | 450/3 | €4,162 | €7,778 | +€3,616 | +86.9% |
| Remuneration and social security | 454/9 | €1,315,715 | €1,189,422 | -€126,293 | -9.6% |
| Other amounts payable | 47/48 | €7,779,083 | €3,186,936 | -€4.6m | -59.0% |
| Accrued charges and deferred income | 492/3 | €23,970 | €114,712 | +€90,742 | +379% |
| Operating income | 70/76A | €47,562,290 | €32,965,776 | -€14.6m | -30.7% |
| Turnover | 70 | €48,470,947 | €48,215,871 | -€255,076 | -0.5% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€4,238,279 | -€15,414,546 | -€11.2m | -264% |
| Own construction capitalised | 72 | €2,046,572 | - | -€2.0m | |
| Other operating income | 74 | €1,059,061 | €164,451 | -€894,610 | -84.5% |
| Non-recurring operating income | 76A | €223,989 | - | -€223,989 | |
| Operating charges | 60/66A | €40,285,397 | €31,728,846 | -€8.6m | -21.2% |
| Goods for resale, raw materials and consumables | 60 | €18,102,965 | €14,461,939 | -€3.6m | -20.1% |
| Purchases | 600/8 | €17,982,267 | €14,050,445 | -€3.9m | -21.9% |
| Change in stocks: decrease (increase) | 609 | €120,698 | €411,494 | +€290,796 | +241% |
| Services and other goods | 61 | €9,717,728 | €7,775,460 | -€1.9m | -20.0% |
| Remuneration, social security and pensions | 62 | €8,781,401 | €9,302,653 | +€521,252 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €469,396 | €997,544 | +€528,148 | +113% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €73,249 | €29,211 | -€44,038 | -60.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €3,046,268 | -€938,077 | -€4.0m | |
| Other operating charges | 640/8 | €94,275 | €96,107 | +€1,832 | +1.9% |
| Non-recurring operating charges | 66A | €115 | €4,009 | +€3,894 | +3,386% |
| Operating profit (loss) | 9901 | €7,276,893 | €1,236,930 | -€6.0m | -83.0% |
| Financial income | 75/76B | €338,238 | €1,292,608 | +€954,370 | +282% |
| Recurring financial income | 75 | €338,238 | €1,292,608 | +€954,370 | +282% |
| Income from financial fixed assets | 750 | - | €1,000,000 | +€1.0m | |
| Income from current assets | 751 | €184,424 | €170,457 | -€13,967 | -7.6% |
| Other financial income | 752/9 | €153,814 | €122,151 | -€31,663 | -20.6% |
| Financial charges | 65/66B | €303,121 | €409,776 | +€106,655 | +35.2% |
| Recurring financial charges | 65 | €303,121 | €409,776 | +€106,655 | +35.2% |
| Debt charges | 650 | €104,083 | €74,872 | -€29,211 | -28.1% |
| Other financial charges | 652/9 | €199,038 | €334,904 | +€135,866 | +68.3% |
| Profit (loss) for the period before taxes | 9903 | €7,312,010 | €2,119,762 | -€5.2m | -71.0% |
| Income taxes | 67/77 | €1,860,521 | €356,587 | -€1.5m | -80.8% |
| Taxes | 670/3 | €1,864,060 | €356,587 | -€1.5m | -80.9% |
| Tax adjustments and reversals of tax provisions | 77 | €3,539 | - | -€3,539 | |
| Profit (loss) for the period | 9904 | €5,451,489 | €1,763,175 | -€3.7m | -67.7% |
| Transfer from tax-exempt reserves | 789 | - | €1,999,750 | +€2.0m | |
| Transfer to tax-exempt reserves | 689 | €999,875 | - | -€999,875 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,451,614 | €3,762,925 | -€688,689 | -15.5% |
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 19 October 2026 via checked.be.