Lafaut Export: 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.
Lafaut Export
Largest movements
- Receivables within one year -€13.2m
down €13.2m (-68.7%), from €19.2m to €6.0m
of which Other amounts receivable: -€8.3m
- Cash +€5.3m
up €5.3m (+216.2%), from €2.4m to €7.7m
mainly Receivables within one year (+€13.2m) and Net result for the year (+€8.5m)
- Current investments +€2.8m
new in 2025: €2.8m
- Trade debts -€13.6m
down €13.6m (-64.9%), from €21.0m to €7.3m
- Other debts +€5.2m
new in 2025: €5.2m
- Reserves +€3.3m
up €3.3m (+608.4%), from €538,659 to €3.8m
of which Distributable reserves: +€3.3m
- Turnover +€51.2m
up €51.2m (+211.9%), from €24.2m to €75.3m
- Goods and materials +€33.2m
up €33.2m (+189.9%), from €17.5m to €50.7m
- Services and other goods +€7.4m
up €7.4m (+126.0%), from €5.9m to €13.3m
- Taxes +€2.7m
up €2.7m (+1384.0%), from €194,248 to €2.9m
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 | €21,654,834 | €16,480,405 | -€5.2m | -23.9% |
| Current assets | 29/58 | €21,654,834 | €16,480,405 | -€5.2m | -23.9% |
| Amounts receivable within one year | 40/41 | €19,218,424 | €6,014,151 | -€13.2m | -68.7% |
| Trade receivables | 40 | €5,106,568 | €236,749 | -€4.9m | -95.4% |
| Other amounts receivable | 41 | €14,111,857 | €5,777,403 | -€8.3m | -59.1% |
| Current investments | 50/53 | - | €2,752,529 | +€2.8m | |
| Other investments | 51/53 | - | €2,752,529 | +€2.8m | |
| Cash at bank and in hand | 54/58 | €2,436,410 | €7,702,778 | +€5.3m | +216.2% |
| Deferred charges and accrued income | 490/1 | - | €10,946 | +€10,946 | |
| Total equity and liabilities | 10/49 | €21,654,834 | €16,480,405 | -€5.2m | -23.9% |
| Equity | 10/15 | €600,159 | €3,877,542 | +€3.3m | +546.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €538,659 | €3,816,042 | +€3.3m | +608.4% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €532,509 | €3,809,892 | +€3.3m | +615.5% |
| Amounts payable | 17/49 | €21,054,676 | €12,602,863 | -€8.5m | -40.1% |
| Amounts payable within one year | 42/48 | €21,054,676 | €12,602,863 | -€8.5m | -40.1% |
| Trade debts | 44 | €20,960,427 | €7,346,855 | -€13.6m | -64.9% |
| Suppliers | 440/4 | €20,960,427 | €7,346,855 | -€13.6m | -64.9% |
| Taxes, remuneration and social security | 45 | €94,248 | €31,009 | -€63,240 | -67.1% |
| Taxes | 450/3 | €94,248 | €31,009 | -€63,240 | -67.1% |
| Other amounts payable | 47/48 | - | €5,225,000 | +€5.2m | |
| Operating income | 70/76A | €24,159,216 | €75,422,375 | +€51.3m | +212.2% |
| Turnover | 70 | €24,159,216 | €75,345,979 | +€51.2m | +211.9% |
| Other operating income | 74 | - | €76,396 | +€76,396 | |
| Operating charges | 60/66A | €23,385,590 | €64,014,185 | +€40.6m | +173.7% |
| Goods for resale, raw materials and consumables | 60 | €17,480,011 | €50,672,179 | +€33.2m | +189.9% |
| Purchases | 600/8 | €17,480,011 | €50,672,179 | +€33.2m | +189.9% |
| Services and other goods | 61 | €5,904,260 | €13,341,379 | +€7.4m | +126.0% |
| Other operating charges | 640/8 | €1,319 | €628 | -€691 | -52.4% |
| Operating profit (loss) | 9901 | €773,625 | €11,408,190 | +€10.6m | +1374.6% |
| Financial income | 75/76B | €14,473 | €43,145 | +€28,672 | +198.1% |
| Recurring financial income | 75 | €14,473 | €43,145 | +€28,672 | +198.1% |
| Income from current assets | 751 | - | €28,714 | +€28,714 | |
| Other financial income | 752/9 | €14,473 | €14,431 | -€42 | -0.3% |
| Financial charges | 65/66B | €55,191 | €66,294 | +€11,104 | +20.1% |
| Recurring financial charges | 65 | €55,191 | €66,294 | +€11,104 | +20.1% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €16,796 | - | -€16,796 | |
| Other financial charges | 652/9 | €38,395 | €66,294 | +€27,900 | +72.7% |
| Profit (loss) for the period before taxes | 9903 | €732,907 | €11,385,041 | +€10.7m | +1453.4% |
| Income taxes | 67/77 | €194,248 | €2,882,658 | +€2.7m | +1384.0% |
| Taxes | 670/3 | €194,248 | €2,882,658 | +€2.7m | +1384.0% |
| Profit (loss) for the period | 9904 | €538,659 | €8,502,383 | +€8.0m | +1478.4% |
| Profit (loss) for the period to be appropriated | 9905 | €538,659 | €8,502,383 | +€8.0m | +1478.4% |
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 7 October 2026 via checked.be.