Laete: 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.
Laete
Largest movements
- Receivables within one year -€35,001
down €35,001 (-54.4%), from €64,290 to €29,289
of which Trade receivables: -€32,517
- Tangible fixed assets -€30,770
down €30,770 (-3.5%), from €889,651 to €858,881
of which Land and buildings: -€29,432
- Cash +€21,790
up €21,790 (+447.7%), from €4,867 to €26,658
mainly Other debts (+€42,986) and Receivables within one year (+€35,001)
- Other debts +€42,986
up €42,986 (+11.1%), from €388,013 to €430,998
- Current portion of long-term debt -€37,305
down €37,305 (-29.8%), from €125,239 to €87,934
- Debts after one year -€33,336
down €33,336 (-38.1%), from €87,487 to €54,151
- Tax, wage and social debts -€16,144
down €16,144 (-90.2%), from €17,905 to €1,761
of which Remuneration and social security: -€17,188
- Gross operating margin +€33,451
up €33,451 (+48.3%), from €69,214 to €102,665
- Other operating charges +€12,362
up €12,362 (+179.1%), from €6,902 to €19,263
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 | €960,062 | €915,945 | -€44,117 | -4.6% |
| Fixed assets | 21/28 | €889,651 | €858,881 | -€30,770 | -3.5% |
| Tangible fixed assets | 22/27 | €889,651 | €858,881 | -€30,770 | -3.5% |
| Land and buildings | 22 | €885,689 | €856,257 | -€29,432 | -3.3% |
| Furniture and vehicles | 24 | €3,962 | €2,624 | -€1,338 | -33.8% |
| Current assets | 29/58 | €70,410 | €57,063 | -€13,347 | -19.0% |
| Amounts receivable within one year | 40/41 | €64,290 | €29,289 | -€35,001 | -54.4% |
| Trade receivables | 40 | €54,402 | €21,885 | -€32,517 | -59.8% |
| Other amounts receivable | 41 | €9,888 | €7,404 | -€2,484 | -25.1% |
| Cash at bank and in hand | 54/58 | €4,867 | €26,658 | +€21,790 | +447.7% |
| Deferred charges and accrued income | 490/1 | €1,253 | €1,117 | -€136 | -10.9% |
| Total equity and liabilities | 10/49 | €960,062 | €915,945 | -€44,117 | -4.6% |
| Equity | 10/15 | €339,546 | €340,873 | +€1,327 | +0.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €353,773 | €353,773 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €351,913 | €353,773 | +€1,860 | +0.5% |
| Profit (loss) carried forward | 14 | -€20,428 | -€19,100 | +€1,327 | +6.5% |
| Amounts payable | 17/49 | €620,516 | €575,072 | -€45,444 | -7.3% |
| Amounts payable after more than one year | 17 | €87,487 | €54,151 | -€33,336 | -38.1% |
| Financial debts | 170/4 | €87,487 | €54,151 | -€33,336 | -38.1% |
| Amounts payable within one year | 42/48 | €533,029 | €520,921 | -€12,108 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €125,239 | €87,934 | -€37,305 | -29.8% |
| Trade debts | 44 | €1,873 | €228 | -€1,644 | -87.8% |
| Suppliers | 440/4 | €1,873 | €228 | -€1,644 | -87.8% |
| Taxes, remuneration and social security | 45 | €17,905 | €1,761 | -€16,144 | -90.2% |
| Taxes | 450/3 | €717 | €1,761 | +€1,044 | +145.5% |
| Remuneration and social security | 454/9 | €17,188 | - | -€17,188 | |
| Other amounts payable | 47/48 | €388,013 | €430,998 | +€42,986 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,108 | €31,807 | -€302 | -0.9% |
| Other operating charges | 640/8 | €6,902 | €19,263 | +€12,362 | +179.1% |
| Gross operating margin | 9900 | €69,214 | €102,665 | +€33,451 | +48.3% |
| Operating profit (loss) | 9901 | €30,203 | €51,594 | +€21,391 | +70.8% |
| Financial charges | 65/66B | €50,544 | €50,139 | -€405 | -0.8% |
| Recurring financial charges | 65 | €50,544 | €50,139 | -€405 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | -€20,341 | €1,455 | +€21,796 | |
| Income taxes | 67/77 | €112 | €128 | +€16 | +14.3% |
| Profit (loss) for the period | 9904 | -€20,453 | €1,327 | +€21,780 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,453 | €1,327 | +€21,780 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.