LAFALIZE: what changed
Two financial 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.
LAFALIZE
Largest movements
- Stocks and contracts -€99,844
no longer reported in 2024 (was €99,844)
- Cash +€48,659
up €48,659 (+88.1%), from €55,210 to €103,869
mainly Stocks and contracts (+€99,844) and Net result for the year (+€45,927)
- Receivables within one year +€37,124
up €37,124 (+27.3%), from €136,183 to €173,306
of which Trade receivables: +€38,982
- Tangible fixed assets -€7,111
down €7,111 (-29.6%), from €24,004 to €16,893
- Advances received -€45,809
down €45,809 (-52.7%), from €86,914 to €41,104
- Profit (loss) carried forward +€41,158
up €41,158 (+35.7%), from €115,236 to €156,394
- Trade debts -€22,547
down €22,547 (-91.8%), from €24,557 to €2,010
- Tax, wage and social debts +€5,399
up €5,399 (+14.2%), from €38,009 to €43,409
- Gross operating margin -€16,899
down €16,899 (-18.1%), from €93,579 to €76,680
- Taxes +€2,173
up €2,173 (+11.4%), from €19,078 to €21,251
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €315,240 | €294,068 | -€21,172 | -6.7% |
| Fixed assets | 21/28 | €24,004 | €16,893 | -€7,111 | -29.6% |
| Tangible fixed assets | 22/27 | €24,004 | €16,893 | -€7,111 | -29.6% |
| Furniture and vehicles | 24 | €24,004 | €16,893 | -€7,111 | -29.6% |
| Current assets | 29/58 | €291,236 | €277,175 | -€14,061 | -4.8% |
| Stocks and contracts in progress | 3 | €99,844 | - | -€99,844 | |
| Stocks | 30/36 | €99,844 | - | -€99,844 | |
| Amounts receivable within one year | 40/41 | €136,183 | €173,306 | +€37,124 | +27.3% |
| Trade receivables | 40 | €16,708 | €55,690 | +€38,982 | +233.3% |
| Other amounts receivable | 41 | €119,475 | €117,616 | -€1,859 | -1.6% |
| Cash at bank and in hand | 54/58 | €55,210 | €103,869 | +€48,659 | +88.1% |
| Total equity and liabilities | 10/49 | €315,240 | €294,068 | -€21,172 | -6.7% |
| Equity | 10/15 | €135,236 | €176,394 | +€41,158 | +30.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €115,236 | €156,394 | +€41,158 | +35.7% |
| Amounts payable | 17/49 | €180,004 | €117,674 | -€62,330 | -34.6% |
| Amounts payable within one year | 42/48 | €180,004 | €117,674 | -€62,330 | -34.6% |
| Trade debts | 44 | €24,557 | €2,010 | -€22,547 | -91.8% |
| Suppliers | 440/4 | €24,557 | €2,010 | -€22,547 | -91.8% |
| Advances received on contracts in progress | 46 | €86,914 | €41,104 | -€45,809 | -52.7% |
| Taxes, remuneration and social security | 45 | €38,009 | €43,409 | +€5,399 | +14.2% |
| Taxes | 450/3 | €38,009 | €43,409 | +€5,399 | +14.2% |
| Other amounts payable | 47/48 | €30,523 | €31,151 | +€627 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,001 | €8,256 | +€254 | +3.2% |
| Other operating charges | 640/8 | €1,932 | €1,082 | -€850 | -44.0% |
| Gross operating margin | 9900 | €93,579 | €76,680 | -€16,899 | -18.1% |
| Operating profit (loss) | 9901 | €83,645 | €67,342 | -€16,304 | -19.5% |
| Financial charges | 65/66B | €10 | €163 | +€153 | +1508.6% |
| Recurring financial charges | 65 | €10 | €163 | +€153 | +1508.6% |
| Profit (loss) for the period before taxes | 9903 | €83,635 | €67,178 | -€16,457 | -19.7% |
| Income taxes | 67/77 | €19,078 | €21,251 | +€2,173 | +11.4% |
| Profit (loss) for the period | 9904 | €64,557 | €45,927 | -€18,630 | -28.9% |
| Profit (loss) for the period to be appropriated | 9905 | €64,557 | €45,927 | -€18,630 | -28.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.