LAEGVELD: what changed
Two fiscal 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.
LAEGVELD
Largest movements
- Cash -€131,086
down €131,086 (-92.3%), from €141,950 to €10,864
mainly Current investments (-€130,885) and Smaller working-capital items (-€230)
- Current investments +€130,885
new in 2025: €130,885
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€196,831
down €196,831, from €196,161 to -€670
- Taxes -€34,789
down €34,789 (-100.0%), from €34,799 to €10
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 | €436,259 | €436,149 | -€111 | 0.0% |
| Current assets | 29/58 | €436,259 | €436,149 | -€111 | 0.0% |
| Stocks and contracts in progress | 3 | €289,000 | €289,000 | = | 0.0% |
| Stocks | 30/36 | €289,000 | €289,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,309 | €5,399 | +€90 | +1.7% |
| Other amounts receivable | 41 | €5,309 | €5,399 | +€90 | +1.7% |
| Current investments | 50/53 | - | €130,885 | +€130,885 | |
| Cash at bank and in hand | 54/58 | €141,950 | €10,864 | -€131,086 | -92.3% |
| Total equity and liabilities | 10/49 | €436,259 | €436,149 | -€111 | 0.0% |
| Equity | 10/15 | €436,119 | €436,149 | +€29 | 0.0% |
| Contributions | 10/11 | €325,500 | €325,500 | = | 0.0% |
| Capital | 10 | €325,500 | €325,500 | = | 0.0% |
| Issued capital | 100 | €325,500 | €325,500 | = | 0.0% |
| Reserves | 13 | €110,619 | €110,649 | +€29 | 0.0% |
| Non-distributable reserves | 130/1 | €7,435 | €7,435 | = | 0.0% |
| Legal reserve | 130 | €7,435 | €7,435 | = | 0.0% |
| Distributable reserves | 133 | €103,184 | €103,214 | +€29 | 0.0% |
| Amounts payable | 17/49 | €140 | €0 | -€140 | -100.0% |
| Amounts payable within one year | 42/48 | €140 | €0 | -€140 | -100.0% |
| Trade debts | 44 | €140 | €0 | -€140 | -100.0% |
| Suppliers | 440/4 | €140 | €0 | -€140 | -100.0% |
| Other operating charges | 640/8 | €1,832 | €500 | -€1,332 | -72.7% |
| Gross operating margin | 9900 | €196,161 | -€670 | -€196,831 | |
| Operating profit (loss) | 9901 | €194,329 | -€1,170 | -€195,499 | |
| Financial income | 75/76B | - | €1,264 | +€1,264 | |
| Recurring financial income | 75 | - | €1,264 | +€1,264 | |
| Financial charges | 65/66B | €59 | €55 | -€4 | -6.0% |
| Recurring financial charges | 65 | €59 | €55 | -€4 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €194,271 | €39 | -€194,232 | -100.0% |
| Income taxes | 67/77 | €34,799 | €10 | -€34,789 | -100.0% |
| Profit (loss) for the period | 9904 | €159,472 | €29 | -€159,442 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €159,472 | €29 | -€159,442 | -100.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.