LAFINA: 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.
LAFINA
Largest movements
- Cash +€7,079
up €7,079 (+3.4%), from €210,481 to €217,560
mainly Receivables within one year (+€6,421) and Net result for the year (+€1,694)
- Receivables within one year -€6,421
down €6,421 (-3.0%), from €216,146 to €209,725
of which Other amounts receivable: -€14,495
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€3,874
up €3,874 (+58.3%), from -€6,642 to -€2,767
- Financial income -€486
down €486 (-9.0%), from €5,407 to €4,921
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 | €431,593 | €432,251 | +€658 | +0.2% |
| Fixed assets | 21/28 | €4,966 | €4,966 | = | 0.0% |
| Tangible fixed assets | 22/27 | €4,966 | €4,966 | = | 0.0% |
| Land and buildings | 22 | €4,966 | €4,966 | = | 0.0% |
| Current assets | 29/58 | €426,627 | €427,285 | +€658 | +0.2% |
| Amounts receivable within one year | 40/41 | €216,146 | €209,725 | -€6,421 | -3.0% |
| Trade receivables | 40 | - | €8,074 | +€8,074 | |
| Other amounts receivable | 41 | €216,146 | €201,651 | -€14,495 | -6.7% |
| Cash at bank and in hand | 54/58 | €210,481 | €217,560 | +€7,079 | +3.4% |
| Total equity and liabilities | 10/49 | €431,593 | €432,251 | +€658 | +0.2% |
| Equity | 10/15 | €349,750 | €351,444 | +€1,694 | +0.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €387,197 | €387,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €234,466 | €234,466 | = | 0.0% |
| Distributable reserves | 133 | €152,731 | €152,731 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,447 | -€55,753 | +€1,694 | +2.9% |
| Provisions and deferred taxes | 16 | €78,155 | €78,155 | = | 0.0% |
| Deferred taxes | 168 | €78,155 | €78,155 | = | 0.0% |
| Amounts payable | 17/49 | €3,688 | €2,651 | -€1,036 | -28.1% |
| Amounts payable within one year | 42/48 | €3,688 | €2,651 | -€1,036 | -28.1% |
| Trade debts | 44 | €1,010 | €128 | -€882 | -87.3% |
| Suppliers | 440/4 | €1,010 | €128 | -€882 | -87.3% |
| Other amounts payable | 47/48 | €2,677 | €2,523 | -€154 | -5.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Other operating charges | 640/8 | €190 | €128 | -€62 | -32.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€6,642 | -€2,767 | +€3,874 | +58.3% |
| Operating profit (loss) | 9901 | -€6,832 | -€2,895 | +€3,936 | +57.6% |
| Financial income | 75/76B | €5,407 | €4,921 | -€486 | -9.0% |
| Recurring financial income | 75 | €5,407 | €4,921 | -€486 | -9.0% |
| Financial charges | 65/66B | €315 | €331 | +€16 | +5.0% |
| Recurring financial charges | 65 | €315 | €331 | +€16 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,740 | €1,694 | +€3,434 | |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€1,740 | €1,694 | +€3,434 | |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,740 | €1,694 | +€3,434 |
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 10 October 2026 via checked.be.