LaD Tax: what changed
LaD Tax
Largest movements
- Receivables within one year -€12,222
down €12,222 (-21.5%), from €56,810 to €44,588
of which Trade receivables: -€12,240
- Tangible fixed assets -€7,063
down €7,063 (-19.6%), from €36,056 to €28,993
of which Furniture and vehicles: -€4,384
- Cash +€6,254
up €6,254 (+109%), from €5,756 to €12,010
mainly Receivables within one year (+€12,222) and Depreciation (+€8,914)
- Deferred charges and accrued income +€1,340
up €1,340 (+33.9%), from €3,956 to €5,296
- Debts after one year -€8,367
down €8,367 (-43.2%), from €19,362 to €10,995
- Trade debts +€5,797
up €5,797 (+33.5%), from €17,300 to €23,097
- Other debts -€5,684
down €5,684 (-18.5%), from €30,684 to €25,000
- Tax, wage and social debts -€4,153
down €4,153 (-32.1%), from €12,923 to €8,771
of which Remuneration and social security: -€2,098
- Staff costs -€12,996
down €12,996 (-23.7%), from €54,933 to €41,938
- Gross operating margin -€12,371
down €12,371 (-18.8%), from €65,809 to €53,439
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €102,753 | €91,062 | -€11,692 | -11.4% |
| Fixed assets | 21/28 | €36,231 | €29,168 | -€7,063 | -19.5% |
| Tangible fixed assets | 22/27 | €36,056 | €28,993 | -€7,063 | -19.6% |
| Furniture and vehicles | 24 | €16,250 | €11,866 | -€4,384 | -27.0% |
| Other tangible fixed assets | 26 | €19,806 | €17,126 | -€2,679 | -13.5% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €66,522 | €61,894 | -€4,628 | -7.0% |
| Amounts receivable within one year | 40/41 | €56,810 | €44,588 | -€12,222 | -21.5% |
| Trade receivables | 40 | €56,732 | €44,492 | -€12,240 | -21.6% |
| Other amounts receivable | 41 | €78 | €95 | +€18 | +22.5% |
| Cash at bank and in hand | 54/58 | €5,756 | €12,010 | +€6,254 | +109% |
| Deferred charges and accrued income | 490/1 | €3,956 | €5,296 | +€1,340 | +33.9% |
| Total equity and liabilities | 10/49 | €102,753 | €91,062 | -€11,692 | -11.4% |
| Equity | 10/15 | €14,473 | €14,826 | +€354 | +2.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,473 | €4,826 | +€354 | +7.9% |
| Amounts payable | 17/49 | €88,281 | €76,235 | -€12,045 | -13.6% |
| Amounts payable after more than one year | 17 | €19,362 | €10,995 | -€8,367 | -43.2% |
| Financial debts | 170/4 | €19,362 | €10,995 | -€8,367 | -43.2% |
| Amounts payable within one year | 42/48 | €68,911 | €65,235 | -€3,676 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €8,003 | €8,367 | +€364 | +4.5% |
| Trade debts | 44 | €17,300 | €23,097 | +€5,797 | +33.5% |
| Suppliers | 440/4 | €17,300 | €23,097 | +€5,797 | +33.5% |
| Taxes, remuneration and social security | 45 | €12,923 | €8,771 | -€4,153 | -32.1% |
| Taxes | 450/3 | €4,616 | €2,561 | -€2,054 | -44.5% |
| Remuneration and social security | 454/9 | €8,307 | €6,209 | -€2,098 | -25.3% |
| Other amounts payable | 47/48 | €30,684 | €25,000 | -€5,684 | -18.5% |
| Accrued charges and deferred income | 492/3 | €8 | €5 | -€2 | -29.4% |
| Remuneration, social security and pensions | 62 | €54,933 | €41,938 | -€12,996 | -23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,698 | €8,914 | +€216 | +2.5% |
| Other operating charges | 640/8 | €463 | €486 | +€22 | +4.8% |
| Gross operating margin | 9900 | €65,809 | €53,439 | -€12,371 | -18.8% |
| Operating profit (loss) | 9901 | €1,715 | €2,102 | +€387 | +22.6% |
| Financial income | 75/76B | €74 | €19 | -€56 | -75.0% |
| Recurring financial income | 75 | €74 | €19 | -€56 | -75.0% |
| Financial charges | 65/66B | €1,404 | €1,056 | -€348 | -24.8% |
| Recurring financial charges | 65 | €1,404 | €1,056 | -€348 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €385 | €1,064 | +€680 | +177% |
| Income taxes | 67/77 | €196 | €711 | +€514 | +262% |
| Profit (loss) for the period | 9904 | €188 | €354 | +€165 | +87.7% |
| Profit (loss) for the period to be appropriated | 9905 | €188 | €354 | +€165 | +87.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.