LACHRILA: 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.
LACHRILA
Largest movements
- Receivables within one year -€692,689
down €692,689 (-92.6%), from €748,345 to €55,656
- Tangible fixed assets -€75,500
down €75,500 (-2.1%), from €3.5m to €3.5m
- Deferred charges and accrued income +€48,745
up €48,745 (+92.0%), from €52,980 to €101,725
- Other debts -€1.2m
down €1.2m (-91.8%), from €1.3m to €105,262
- Current portion of long-term debt +€763,678
new in 2025: €763,678
- Reserves -€195,473
down €195,473 (-10.1%), from €1.9m to €1.7m
of which Tax-exempt reserves: -€195,473
- Provisions -€100,653
down €100,653 (-15.9%), from €634,847 to €534,194
- Profit (loss) carried forward -€59,494
down €59,494 (-5.7%), from -€1.0m to -€1.1m
- Financial charges -€164,717
down €164,717 (-67.7%), from €243,351 to €78,634
- Gross operating margin -€84,940
down €84,940, from €6,914 to -€78,026
- Other operating charges +€48,024
up €48,024 (+83.9%), from €57,259 to €105,282
- Taxes +€18,178
new in 2025: €18,178
- Financial income -€15,237
no longer reported in 2025 (was €15,237)
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,339,766 | €3,620,872 | -€718,894 | -16.6% |
| Fixed assets | 21/28 | €3,538,441 | €3,462,941 | -€75,500 | -2.1% |
| Tangible fixed assets | 22/27 | €3,538,441 | €3,462,941 | -€75,500 | -2.1% |
| Land and buildings | 22 | €3,538,441 | €3,462,941 | -€75,500 | -2.1% |
| Current assets | 29/58 | €801,325 | €157,931 | -€643,394 | -80.3% |
| Amounts receivable within one year | 40/41 | €748,345 | €55,656 | -€692,689 | -92.6% |
| Other amounts receivable | 41 | €748,345 | €55,656 | -€692,689 | -92.6% |
| Cash at bank and in hand | 54/58 | - | €549 | +€549 | |
| Deferred charges and accrued income | 490/1 | €52,980 | €101,725 | +€48,745 | +92.0% |
| Total equity and liabilities | 10/49 | €4,339,766 | €3,620,872 | -€718,894 | -16.6% |
| Equity | 10/15 | €2,265,509 | €2,010,543 | -€254,966 | -11.3% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,294,786 | €1,294,786 | = | 0.0% |
| Reserves | 13 | €1,930,755 | €1,735,282 | -€195,473 | -10.1% |
| Non-distributable reserves | 130/1 | €26,060 | €26,060 | = | 0.0% |
| Legal reserve | 130 | €19,460 | €19,460 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,600 | €6,600 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,682,802 | €1,487,329 | -€195,473 | -11.6% |
| Distributable reserves | 133 | €221,892 | €221,892 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,035,032 | -€1,094,526 | -€59,494 | -5.7% |
| Provisions and deferred taxes | 16 | €634,847 | €534,194 | -€100,653 | -15.9% |
| Deferred taxes | 168 | €634,847 | €534,194 | -€100,653 | -15.9% |
| Amounts payable | 17/49 | €1,439,410 | €1,076,135 | -€363,275 | -25.2% |
| Amounts payable within one year | 42/48 | €1,326,491 | €956,236 | -€370,255 | -27.9% |
| Current portion of amounts payable after more than one year | 42 | - | €763,678 | +€763,678 | |
| Financial debts | 43 | €1,768 | - | -€1,768 | |
| Other loans | 439 | €1,768 | - | -€1,768 | |
| Trade debts | 44 | €45,869 | €29,795 | -€16,073 | -35.0% |
| Suppliers | 440/4 | €45,869 | €29,795 | -€16,073 | -35.0% |
| Taxes, remuneration and social security | 45 | - | €57,500 | +€57,500 | |
| Taxes | 450/3 | - | €57,500 | +€57,500 | |
| Other amounts payable | 47/48 | €1,278,855 | €105,262 | -€1.2m | -91.8% |
| Accrued charges and deferred income | 492/3 | €112,919 | €119,899 | +€6,981 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,500 | €75,500 | = | 0.0% |
| Other operating charges | 640/8 | €57,259 | €105,282 | +€48,024 | +83.9% |
| Gross operating margin | 9900 | €6,914 | -€78,026 | -€84,940 | |
| Operating profit (loss) | 9901 | -€125,844 | -€258,808 | -€132,964 | -106% |
| Financial income | 75/76B | €15,237 | - | -€15,237 | |
| Recurring financial income | 75 | €15,237 | - | -€15,237 | |
| Financial charges | 65/66B | €243,351 | €78,634 | -€164,717 | -67.7% |
| Recurring financial charges | 65 | €243,351 | €78,634 | -€164,717 | -67.7% |
| Profit (loss) for the period before taxes | 9903 | -€353,958 | -€337,442 | +€16,516 | +4.7% |
| Transfer from deferred taxes | 780 | - | €100,653 | +€100,653 | |
| Income taxes | 67/77 | - | €18,178 | +€18,178 | |
| Profit (loss) for the period | 9904 | -€353,958 | -€254,966 | +€98,992 | +28.0% |
| Transfer from tax-exempt reserves | 789 | - | €195,473 | +€195,473 | |
| Profit (loss) for the period to be appropriated | 9905 | -€353,958 | -€59,494 | +€294,465 | +83.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.