LAETITIA: 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.
LAETITIA
Largest movements
- Receivables within one year -€7,296
down €7,296 (-95.4%), from €7,650 to €354
of which Trade receivables: -€7,650
- Deferred charges and accrued income -€1,315
down €1,315 (-74.2%), from €1,772 to €457
- Tangible fixed assets -€792
down €792 (-54.8%), from €1,445 to €654
of which Other tangible fixed assets: -€541
- Cash -€261
down €261 (-74.8%), from €349 to €88
mainly Net result for the year (-€23,725) and Tax, wage and social debts (-€62)
- Profit (loss) carried forward -€22,160
down €22,160 (-69.5%), from -€31,890 to -€54,051
- Other debts +€9,588
up €9,588 (+875.7%), from €1,095 to €10,683
- Trade debts +€2,909
up €2,909 (+56.7%), from €5,132 to €8,041
- Gross operating margin +€45,908
up €45,908 (+74.5%), from -€61,605 to -€15,697
- Other operating charges +€2,861
up €2,861 (+508.3%), from €563 to €3,424
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 | €14,229 | €4,565 | -€9,664 | -67.9% |
| Fixed assets | 21/28 | €2,816 | €2,024 | -€792 | -28.1% |
| Tangible fixed assets | 22/27 | €1,445 | €654 | -€792 | -54.8% |
| Furniture and vehicles | 24 | €312 | €61 | -€251 | -80.6% |
| Other tangible fixed assets | 26 | €1,134 | €593 | -€541 | -47.7% |
| Financial fixed assets | 28 | €1,370 | €1,370 | = | 0.0% |
| Current assets | 29/58 | €11,414 | €2,541 | -€8,873 | -77.7% |
| Stocks and contracts in progress | 3 | €1,642 | €1,642 | = | 0.0% |
| Stocks | 30/36 | €1,642 | €1,642 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,650 | €354 | -€7,296 | -95.4% |
| Trade receivables | 40 | €7,650 | - | -€7,650 | |
| Other amounts receivable | 41 | - | €354 | +€354 | |
| Cash at bank and in hand | 54/58 | €349 | €88 | -€261 | -74.8% |
| Deferred charges and accrued income | 490/1 | €1,772 | €457 | -€1,315 | -74.2% |
| Total equity and liabilities | 10/49 | €14,229 | €4,565 | -€9,664 | -67.9% |
| Equity | 10/15 | €7,166 | -€14,994 | -€22,160 | |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Outside capital | 11 | €20,451 | €20,451 | = | 0.0% |
| Other | 1109/19 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €18,606 | €18,606 | = | 0.0% |
| Distributable reserves | 133 | €18,606 | €18,606 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,890 | -€54,051 | -€22,160 | -69.5% |
| Amounts payable | 17/49 | €7,063 | €19,559 | +€12,496 | +176.9% |
| Amounts payable within one year | 42/48 | €7,063 | €19,498 | +€12,435 | +176.1% |
| Trade debts | 44 | €5,132 | €8,041 | +€2,909 | +56.7% |
| Suppliers | 440/4 | €5,132 | €8,041 | +€2,909 | +56.7% |
| Taxes, remuneration and social security | 45 | €836 | €774 | -€62 | -7.4% |
| Taxes | 450/3 | €836 | €774 | -€62 | -7.4% |
| Other amounts payable | 47/48 | €1,095 | €10,683 | +€9,588 | +875.7% |
| Accrued charges and deferred income | 492/3 | - | €61 | +€61 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €874 | €792 | -€82 | -9.4% |
| Other operating charges | 640/8 | €563 | €3,424 | +€2,861 | +508.3% |
| Non-recurring operating charges | 66A | - | €3,000 | +€3,000 | |
| Gross operating margin | 9900 | -€61,605 | -€15,697 | +€45,908 | +74.5% |
| Operating profit (loss) | 9901 | -€63,042 | -€22,913 | +€40,129 | +63.7% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €595 | €671 | +€76 | +12.8% |
| Recurring financial charges | 65 | €595 | €671 | +€76 | +12.8% |
| Profit (loss) for the period before taxes | 9903 | -€63,633 | -€23,584 | +€40,049 | +62.9% |
| Income taxes | 67/77 | €188 | €141 | -€47 | -24.9% |
| Profit (loss) for the period | 9904 | -€63,820 | -€23,725 | +€40,096 | +62.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€63,820 | -€23,725 | +€40,096 | +62.8% |
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 2 October 2026 via checked.be.