LACHEBA: 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.
LACHEBA
Largest movements
- Cash -€58,171
down €58,171 (-29.2%), from €199,004 to €140,833
mainly Investment in fixed assets (net) (-€78,667) and Debts after one year (-€77,419)
- Tangible fixed assets -€39,181
down €39,181 (-9.0%), from €434,345 to €395,164
of which Leasing and similar rights: -€51,623
- Receivables within one year -€32,728
down €32,728 (-28.9%), from €113,352 to €80,624
of which Other amounts receivable: -€28,570
- Debts after one year -€77,419
down €77,419 (-73.4%), from €105,450 to €28,031
- Current portion of long-term debt -€48,932
down €48,932 (-39.1%), from €125,122 to €76,190
- Tax, wage and social debts -€32,850
down €32,850 (-33.3%), from €98,709 to €65,859
of which Taxes: -€35,907
- Trade debts +€20,759
up €20,759 (+8.7%), from €239,181 to €259,940
- Staff costs +€95,020
up €95,020 (+18.7%), from €508,372 to €603,392
- Gross operating margin +€35,863
up €35,863 (+5.0%), from €717,521 to €753,384
- Taxes -€13,910
down €13,910 (-79.4%), from €17,508 to €3,598
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 | €763,734 | €632,523 | -€131,211 | -17.2% |
| Fixed assets | 21/28 | €434,345 | €395,164 | -€39,181 | -9.0% |
| Tangible fixed assets | 22/27 | €434,345 | €395,164 | -€39,181 | -9.0% |
| Plant, machinery and equipment | 23 | €88,467 | €68,535 | -€19,932 | -22.5% |
| Furniture and vehicles | 24 | €3,916 | €7,370 | +€3,455 | +88.2% |
| Leasing and similar rights | 25 | €142,460 | €90,837 | -€51,623 | -36.2% |
| Other tangible fixed assets | 26 | €199,502 | €158,921 | -€40,581 | -20.3% |
| Assets under construction and advance payments | 27 | - | €69,500 | +€69,500 | |
| Current assets | 29/58 | €329,389 | €237,359 | -€92,030 | -27.9% |
| Stocks and contracts in progress | 3 | €13,784 | €14,501 | +€717 | +5.2% |
| Stocks | 30/36 | €13,784 | €14,501 | +€717 | +5.2% |
| Amounts receivable within one year | 40/41 | €113,352 | €80,624 | -€32,728 | -28.9% |
| Trade receivables | 40 | €52,905 | €48,747 | -€4,158 | -7.9% |
| Other amounts receivable | 41 | €60,447 | €31,876 | -€28,570 | -47.3% |
| Cash at bank and in hand | 54/58 | €199,004 | €140,833 | -€58,171 | -29.2% |
| Deferred charges and accrued income | 490/1 | €3,249 | €1,402 | -€1,848 | -56.9% |
| Total equity and liabilities | 10/49 | €763,734 | €632,523 | -€131,211 | -17.2% |
| Equity | 10/15 | €155,272 | €159,136 | +€3,864 | +2.5% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €115,272 | €119,136 | +€3,864 | +3.4% |
| Distributable reserves | 133 | €115,272 | €119,136 | +€3,864 | +3.4% |
| Amounts payable | 17/49 | €608,462 | €473,387 | -€135,075 | -22.2% |
| Amounts payable after more than one year | 17 | €105,450 | €28,031 | -€77,419 | -73.4% |
| Financial debts | 170/4 | €105,450 | €28,031 | -€77,419 | -73.4% |
| Amounts payable within one year | 42/48 | €503,011 | €445,356 | -€57,656 | -11.5% |
| Current portion of amounts payable after more than one year | 42 | €125,122 | €76,190 | -€48,932 | -39.1% |
| Financial debts | 43 | - | €3,367 | +€3,367 | |
| Credit institutions | 430/8 | - | €3,367 | +€3,367 | |
| Trade debts | 44 | €239,181 | €259,940 | +€20,759 | +8.7% |
| Suppliers | 440/4 | €239,181 | €259,940 | +€20,759 | +8.7% |
| Taxes, remuneration and social security | 45 | €98,709 | €65,859 | -€32,850 | -33.3% |
| Taxes | 450/3 | €48,166 | €12,258 | -€35,907 | -74.5% |
| Remuneration and social security | 454/9 | €50,543 | €53,601 | +€3,058 | +6.1% |
| Other amounts payable | 47/48 | €40,000 | €40,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €508,372 | €603,392 | +€95,020 | +18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €118,863 | €117,848 | -€1,015 | -0.9% |
| Other operating charges | 640/8 | €7,300 | €5,035 | -€2,265 | -31.0% |
| Non-recurring operating charges | 66A | €133 | - | -€133 | |
| Gross operating margin | 9900 | €717,521 | €753,384 | +€35,863 | +5.0% |
| Operating profit (loss) | 9901 | €82,852 | €27,109 | -€55,744 | -67.3% |
| Financial income | 75/76B | €648 | €119 | -€529 | -81.6% |
| Recurring financial income | 75 | €648 | €119 | -€529 | -81.6% |
| Financial charges | 65/66B | €18,887 | €19,765 | +€878 | +4.6% |
| Recurring financial charges | 65 | €18,887 | €19,765 | +€878 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €64,613 | €7,462 | -€57,150 | -88.5% |
| Income taxes | 67/77 | €17,508 | €3,598 | -€13,910 | -79.4% |
| Profit (loss) for the period | 9904 | €47,105 | €3,864 | -€43,240 | -91.8% |
| Profit (loss) for the period to be appropriated | 9905 | €47,105 | €3,864 | -€43,240 | -91.8% |
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 10 October 2026 via checked.be.