LAFORGE VINCENT: 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.
LAFORGE VINCENT
Largest movements
- Cash +€21,700
up €21,700 (+31.2%), from €69,611 to €91,312
mainly Net result for the year (+€39,307) and Other debts (+€23,737)
- Current investments +€9,379
up €9,379 (+7.1%), from €132,534 to €141,913
- Receivables within one year +€8,198
up €8,198 (+93160.9%), from €9 to €8,207
- Tangible fixed assets -€3,839
down €3,839 (-27.2%), from €14,093 to €10,255
of which Furniture and vehicles: -€3,012
- Other debts +€23,737
up €23,737 (+178069.5%), from €13 to €23,750
- Tax, wage and social debts +€9,250
new in 2025: €9,250
- Gross operating margin +€28,265
up €28,265 (+97.2%), from €29,088 to €57,353
- Other operating charges -€12,697
down €12,697 (-95.0%), from €13,358 to €662
- Taxes +€7,252
up €7,252 (+133.3%), from €5,441 to €12,693
- Financial charges +€1,218
up €1,218 (+258.3%), from €472 to €1,690
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 | €231,247 | €266,686 | +€35,439 | +15.3% |
| Fixed assets | 21/28 | €29,093 | €25,255 | -€3,839 | -13.2% |
| Tangible fixed assets | 22/27 | €14,093 | €10,255 | -€3,839 | -27.2% |
| Plant, machinery and equipment | 23 | €2,994 | €2,168 | -€827 | -27.6% |
| Furniture and vehicles | 24 | €11,099 | €8,087 | -€3,012 | -27.1% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €202,154 | €241,431 | +€39,277 | +19.4% |
| Amounts receivable within one year | 40/41 | €9 | €8,207 | +€8,198 | +93160.9% |
| Other amounts receivable | 41 | €9 | €8,207 | +€8,198 | +93160.9% |
| Current investments | 50/53 | €132,534 | €141,913 | +€9,379 | +7.1% |
| Cash at bank and in hand | 54/58 | €69,611 | €91,312 | +€21,700 | +31.2% |
| Total equity and liabilities | 10/49 | €231,247 | €266,686 | +€35,439 | +15.3% |
| Equity | 10/15 | €230,697 | €231,504 | +€807 | +0.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Outside capital | 11 | €18,550 | €18,550 | = | 0.0% |
| Other | 1109/19 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €175,700 | €176,507 | +€807 | +0.5% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €173,845 | €174,652 | +€807 | +0.5% |
| Profit (loss) carried forward | 14 | €36,447 | €36,447 | = | 0.0% |
| Amounts payable | 17/49 | €550 | €35,182 | +€34,631 | +6295.2% |
| Amounts payable within one year | 42/48 | €550 | €35,182 | +€34,631 | +6295.2% |
| Trade debts | 44 | €537 | €2,182 | +€1,645 | +306.4% |
| Suppliers | 440/4 | €537 | €2,182 | +€1,645 | +306.4% |
| Taxes, remuneration and social security | 45 | - | €9,250 | +€9,250 | |
| Taxes | 450/3 | - | €9,250 | +€9,250 | |
| Other amounts payable | 47/48 | €13 | €23,750 | +€23,737 | +178069.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,497 | €3,839 | +€342 | +9.8% |
| Other operating charges | 640/8 | €13,358 | €662 | -€12,697 | -95.0% |
| Gross operating margin | 9900 | €29,088 | €57,353 | +€28,265 | +97.2% |
| Operating profit (loss) | 9901 | €12,232 | €52,852 | +€40,620 | +332.1% |
| Financial income | 75/76B | €359 | €838 | +€478 | +133.1% |
| Recurring financial income | 75 | €359 | €838 | +€478 | +133.1% |
| Financial charges | 65/66B | €472 | €1,690 | +€1,218 | +258.3% |
| Recurring financial charges | 65 | €472 | €1,690 | +€1,218 | +258.3% |
| Profit (loss) for the period before taxes | 9903 | €12,120 | €52,000 | +€39,880 | +329.1% |
| Income taxes | 67/77 | €5,441 | €12,693 | +€7,252 | +133.3% |
| Profit (loss) for the period | 9904 | €6,679 | €39,307 | +€32,629 | +488.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,679 | €39,307 | +€32,629 | +488.6% |
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 29 September 2026 via checked.be.