LACROIX PATRICK: 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.
LACROIX PATRICK
Largest movements
- Current investments +€80,053
up €80,053 (+34.1%), from €235,100 to €315,154
- Cash -€69,304
down €69,304 (-37.5%), from €184,596 to €115,291
mainly Current investments (-€80,053) and Net result for the year (-€1,838)
- Tangible fixed assets -€8,877
down €8,877 (-26.5%), from €33,497 to €24,620
of which Furniture and vehicles: -€7,260
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€4,292
down €4,292 (-28.1%), from €15,283 to €10,991
- Financial charges +€3,701
up €3,701 (+3539.6%), from €105 to €3,806
- Depreciation -€2,959
down €2,959 (-25.0%), from €11,836 to €8,877
- Financial income +€401
up €401 (+76.8%), from €522 to €924
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €465,542 | €464,546 | -€996 | -0.2% |
| Fixed assets | 21/28 | €33,497 | €24,620 | -€8,877 | -26.5% |
| Tangible fixed assets | 22/27 | €33,497 | €24,620 | -€8,877 | -26.5% |
| Land and buildings | 22 | €6,606 | €5,346 | -€1,259 | -19.1% |
| Plant, machinery and equipment | 23 | €1,051 | €694 | -€357 | -34.0% |
| Furniture and vehicles | 24 | €25,840 | €18,580 | -€7,260 | -28.1% |
| Current assets | 29/58 | €432,045 | €439,926 | +€7,881 | +1.8% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €11,489 | €6,869 | -€4,620 | -40.2% |
| Trade receivables | 40 | €6,469 | €1,969 | -€4,499 | -69.6% |
| Other amounts receivable | 41 | €5,021 | €4,900 | -€121 | -2.4% |
| Current investments | 50/53 | €235,100 | €315,154 | +€80,053 | +34.1% |
| Cash at bank and in hand | 54/58 | €184,596 | €115,291 | -€69,304 | -37.5% |
| Deferred charges and accrued income | 490/1 | €859 | €2,612 | +€1,752 | +203.9% |
| Total equity and liabilities | 10/49 | €465,542 | €464,546 | -€996 | -0.2% |
| Equity | 10/15 | €465,150 | €463,313 | -€1,838 | -0.4% |
| Contributions | 10/11 | €77,749 | €77,749 | = | 0.0% |
| Reserves | 13 | €387,277 | €385,564 | -€1,714 | -0.4% |
| Non-distributable reserves | 130/1 | €7,775 | €7,775 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,775 | €7,775 | = | 0.0% |
| Distributable reserves | 133 | €379,502 | €377,789 | -€1,714 | -0.5% |
| Profit (loss) carried forward | 14 | €124 | €0 | -€124 | -100.0% |
| Amounts payable | 17/49 | €392 | €1,234 | +€842 | +214.9% |
| Amounts payable within one year | 42/48 | €392 | €1,234 | +€842 | +214.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €133 | €929 | +€796 | +599.7% |
| Suppliers | 440/4 | €133 | €929 | +€796 | +599.7% |
| Taxes, remuneration and social security | 45 | €259 | €305 | +€46 | +17.6% |
| Taxes | 450/3 | €259 | €305 | +€46 | +17.6% |
| Other amounts payable | 47/48 | - | €0 | = | |
| Non-recurring operating income | 76A | €9,700 | €0 | -€9,700 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,836 | €8,877 | -€2,959 | -25.0% |
| Other operating charges | 640/8 | €655 | €610 | -€45 | -6.9% |
| Gross operating margin | 9900 | €15,283 | €10,991 | -€4,292 | -28.1% |
| Operating profit (loss) | 9901 | €2,793 | €1,505 | -€1,288 | -46.1% |
| Financial income | 75/76B | €522 | €924 | +€401 | +76.8% |
| Recurring financial income | 75 | €522 | €924 | +€401 | +76.8% |
| Financial charges | 65/66B | €105 | €3,806 | +€3,701 | +3539.6% |
| Recurring financial charges | 65 | €105 | €3,806 | +€3,701 | +3539.6% |
| Profit (loss) for the period before taxes | 9903 | €3,211 | -€1,377 | -€4,588 | |
| Income taxes | 67/77 | €414 | €461 | +€46 | +11.2% |
| Profit (loss) for the period | 9904 | €2,797 | -€1,838 | -€4,634 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,797 | -€1,838 | -€4,634 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.