Laffut Wim: 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.
Laffut Wim
Largest movements
- Receivables within one year -€351,700
down €351,700 (-94.5%), from €372,150 to €20,450
- Receivables after one year +€102,250
new in 2025: €102,250
- Current investments +€59,479
up €59,479 (+8.7%), from €686,839 to €746,318
- Cash -€48,698
down €48,698 (-30.0%), from €162,459 to €113,761
mainly Contributions, distributions and other (-€571,678) and Receivables after one year (-€102,250)
- Reserves -€274,936
down €274,936 (-23.1%), from €1.2m to €914,800
- Other debts +€29,921
up €29,921 (+437%), from €6,844 to €36,765
- Gross operating margin +€34,072
up €34,072 (+8.6%), from €395,169 to €429,242
- Taxes +€9,800
up €9,800 (+7.8%), from €124,914 to €134,714
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.
Derived cash bridge
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 | €1,254,839 | €1,012,083 | -€242,756 | -19.3% |
| Fixed assets | 21/28 | €18,245 | €20,614 | +€2,369 | +13.0% |
| Tangible fixed assets | 22/27 | €18,245 | €20,614 | +€2,369 | +13.0% |
| Plant, machinery and equipment | 23 | €3,075 | €1,935 | -€1,139 | -37.1% |
| Furniture and vehicles | 24 | €15,171 | €5,633 | -€9,537 | -62.9% |
| Other tangible fixed assets | 26 | - | €13,046 | +€13,046 | |
| Current assets | 29/58 | €1,236,593 | €991,469 | -€245,125 | -19.8% |
| Amounts receivable after more than one year | 29 | - | €102,250 | +€102,250 | |
| Other amounts receivable | 291 | - | €102,250 | +€102,250 | |
| Amounts receivable within one year | 40/41 | €372,150 | €20,450 | -€351,700 | -94.5% |
| Other amounts receivable | 41 | €372,150 | €20,450 | -€351,700 | -94.5% |
| Current investments | 50/53 | €686,839 | €746,318 | +€59,479 | +8.7% |
| Cash at bank and in hand | 54/58 | €162,459 | €113,761 | -€48,698 | -30.0% |
| Deferred charges and accrued income | 490/1 | €15,145 | €8,690 | -€6,455 | -42.6% |
| Total equity and liabilities | 10/49 | €1,254,839 | €1,012,083 | -€242,756 | -19.3% |
| Equity | 10/15 | €1,216,693 | €941,757 | -€274,936 | -22.6% |
| Contributions | 10/11 | €26,958 | €26,958 | = | 0.0% |
| Reserves | 13 | €1,189,735 | €914,800 | -€274,936 | -23.1% |
| Distributable reserves | 133 | €1,189,735 | €914,800 | -€274,936 | -23.1% |
| Amounts payable | 17/49 | €38,145 | €70,325 | +€32,180 | +84.4% |
| Amounts payable within one year | 42/48 | €38,145 | €70,325 | +€32,180 | +84.4% |
| Trade debts | 44 | €722 | €6,992 | +€6,270 | +868% |
| Suppliers | 440/4 | €722 | €6,992 | +€6,270 | +868% |
| Taxes, remuneration and social security | 45 | €30,579 | €26,569 | -€4,010 | -13.1% |
| Taxes | 450/3 | €30,579 | €26,569 | -€4,010 | -13.1% |
| Other amounts payable | 47/48 | €6,844 | €36,765 | +€29,921 | +437% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,319 | €10,853 | +€534 | +5.2% |
| Other operating charges | 640/8 | €473 | €488 | +€15 | +3.1% |
| Non-recurring operating charges | 66A | €109 | - | -€109 | |
| Gross operating margin | 9900 | €395,169 | €429,242 | +€34,072 | +8.6% |
| Operating profit (loss) | 9901 | €384,268 | €417,900 | +€33,632 | +8.8% |
| Financial income | 75/76B | €16,024 | €13,656 | -€2,367 | -14.8% |
| Recurring financial income | 75 | €16,024 | €13,656 | -€2,367 | -14.8% |
| Financial charges | 65/66B | €101 | €101 | = | 0.0% |
| Recurring financial charges | 65 | €101 | €101 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €400,191 | €431,456 | +€31,265 | +7.8% |
| Income taxes | 67/77 | €124,914 | €134,714 | +€9,800 | +7.8% |
| Profit (loss) for the period | 9904 | €275,277 | €296,742 | +€21,465 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €275,277 | €296,742 | +€21,465 | +7.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.