LAERESKA: 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.
LAERESKA
Largest movements
- Financial fixed assets +€10,000
new in 2025: €10,000
- Receivables within one year +€4,739
up €4,739 (+712.5%), from €665 to €5,404
- Cash +€1,542
new in 2025: €1,542
mainly Debts after one year (+€30,000) and Trade debts (+€14,393)
- Debts after one year +€30,000
new in 2025: €30,000
- Profit (loss) carried forward -€26,538
down €26,538 (-146.0%), from -€18,181 to -€44,718
- Trade debts +€14,393
up €14,393 (+377.6%), from €3,811 to €18,204
- Other debts -€1,530
down €1,530 (-30.7%), from €4,990 to €3,461
- Gross operating margin -€10,999
down €10,999 (-72.9%), from -€15,091 to -€26,090
- Depreciation -€2,911
no longer reported in 2025 (was €2,911)
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 | €665 | €16,946 | +€16,281 | +2447.9% |
| Fixed assets | 21/28 | - | €10,000 | +€10,000 | |
| Financial fixed assets | 28 | - | €10,000 | +€10,000 | |
| Current assets | 29/58 | €665 | €6,946 | +€6,281 | +944.4% |
| Amounts receivable within one year | 40/41 | €665 | €5,404 | +€4,739 | +712.5% |
| Other amounts receivable | 41 | €665 | €5,404 | +€4,739 | +712.5% |
| Cash at bank and in hand | 54/58 | - | €1,542 | +€1,542 | |
| Total equity and liabilities | 10/49 | €665 | €16,946 | +€16,281 | +2447.9% |
| Equity | 10/15 | -€8,181 | -€34,718 | -€26,538 | -324.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,181 | -€44,718 | -€26,538 | -146.0% |
| Amounts payable | 17/49 | €8,846 | €51,664 | +€42,819 | +484.1% |
| Amounts payable after more than one year | 17 | - | €30,000 | +€30,000 | |
| Financial debts | 170/4 | - | €30,000 | +€30,000 | |
| Amounts payable within one year | 42/48 | €8,846 | €21,664 | +€12,819 | +144.9% |
| Financial debts | 43 | €45 | - | -€45 | |
| Credit institutions | 430/8 | €45 | - | -€45 | |
| Trade debts | 44 | €3,811 | €18,204 | +€14,393 | +377.6% |
| Suppliers | 440/4 | €3,811 | €18,204 | +€14,393 | +377.6% |
| Other amounts payable | 47/48 | €4,990 | €3,461 | -€1,530 | -30.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,911 | - | -€2,911 | |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | -€15,091 | -€26,090 | -€10,999 | -72.9% |
| Operating profit (loss) | 9901 | -€18,001 | -€26,210 | -€8,208 | -45.6% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €180 | €328 | +€148 | +82.3% |
| Recurring financial charges | 65 | €180 | €328 | +€148 | +82.3% |
| Profit (loss) for the period before taxes | 9903 | -€18,181 | -€26,538 | -€8,357 | -46.0% |
| Profit (loss) for the period | 9904 | -€18,181 | -€26,538 | -€8,357 | -46.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,181 | -€26,538 | -€8,357 | -46.0% |
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 8 October 2026 via checked.be.