Laforifo: 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.
Laforifo
Largest movements
- Cash -€12,218
down €12,218 (-17.4%), from €70,240 to €58,022
mainly Net result for the year (-€12,186) and Investment in fixed assets (net) (-€5,007)
- Tangible fixed assets +€1,797
up €1,797, from €0 to €1,797
- Receivables within one year -€1,619
down €1,619 (-7.0%), from €23,052 to €21,433
of which Trade receivables: -€1,225
- Profit (loss) carried forward -€12,186
down €12,186 (-41.4%), from -€29,412 to -€41,598
- Trade debts +€2,538
up €2,538, from €0 to €2,538
- Tax, wage and social debts -€2,125
down €2,125 (-17.1%), from €12,433 to €10,307
of which Remuneration and social security: -€2,107
- Gross operating margin +€15,711
up €15,711 (+68.7%), from €22,877 to €38,588
- Other operating charges +€4,107
up €4,107 (+643%), from €639 to €4,746
- Depreciation +€3,210
new in 2025: €3,210
- Staff costs +€3,045
up €3,045 (+7.7%), from €39,337 to €42,381
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 | €93,581 | €81,808 | -€11,773 | -12.6% |
| Fixed assets | 21/28 | €270 | €2,067 | +€1,797 | +666% |
| Tangible fixed assets | 22/27 | €0 | €1,797 | +€1,797 | |
| Furniture and vehicles | 24 | €0 | €1,797 | +€1,797 | |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €93,311 | €79,741 | -€13,570 | -14.5% |
| Amounts receivable within one year | 40/41 | €23,052 | €21,433 | -€1,619 | -7.0% |
| Trade receivables | 40 | €1,225 | €0 | -€1,225 | -100% |
| Other amounts receivable | 41 | €21,827 | €21,433 | -€394 | -1.8% |
| Cash at bank and in hand | 54/58 | €70,240 | €58,022 | -€12,218 | -17.4% |
| Deferred charges and accrued income | 490/1 | €19 | €286 | +€267 | +1,386% |
| Total equity and liabilities | 10/49 | €93,581 | €81,808 | -€11,773 | -12.6% |
| Equity | 10/15 | €78,648 | €66,462 | -€12,186 | -15.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €101,860 | €101,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,412 | -€41,598 | -€12,186 | -41.4% |
| Amounts payable | 17/49 | €14,933 | €15,346 | +€413 | +2.8% |
| Amounts payable within one year | 42/48 | €14,933 | €15,346 | +€413 | +2.8% |
| Trade debts | 44 | €0 | €2,538 | +€2,538 | |
| Suppliers | 440/4 | €0 | €2,538 | +€2,538 | |
| Taxes, remuneration and social security | 45 | €12,433 | €10,307 | -€2,125 | -17.1% |
| Taxes | 450/3 | €636 | €618 | -€19 | -2.9% |
| Remuneration and social security | 454/9 | €11,796 | €9,690 | -€2,107 | -17.9% |
| Other amounts payable | 47/48 | €2,500 | €2,500 | = | 0.0% |
| Turnover | 70 | - | €0 | = | |
| Non-recurring operating income | 76A | €15,730 | - | -€15,730 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €39,337 | €42,381 | +€3,045 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,210 | +€3,210 | |
| Other operating charges | 640/8 | €639 | €4,746 | +€4,107 | +643% |
| Non-recurring operating charges | 66A | - | €0 | +€0 | |
| Gross operating margin | 9900 | €22,877 | €38,588 | +€15,711 | +68.7% |
| Operating profit (loss) | 9901 | -€17,099 | -€11,749 | +€5,349 | +31.3% |
| Financial charges | 65/66B | €153 | €170 | +€16 | +10.7% |
| Recurring financial charges | 65 | €153 | €170 | +€16 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | -€17,252 | -€11,919 | +€5,333 | +30.9% |
| Income taxes | 67/77 | €351 | €267 | -€84 | -23.9% |
| Profit (loss) for the period | 9904 | -€17,603 | -€12,186 | +€5,417 | +30.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,603 | -€12,186 | +€5,417 | +30.8% |
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 17 October 2026 via checked.be.