LAFOSSE ANN: 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.
LAFOSSE ANN
Largest movements
- Cash -€35,349
down €35,349 (-27.1%), from €130,457 to €95,108
mainly Other debts (-€29,857) and Debts after one year (-€22,654)
- Tangible fixed assets -€17,268
down €17,268 (-3.2%), from €540,343 to €523,075
of which Land and buildings: -€14,719
- Receivables within one year -€8,094
down €8,094 (-10.1%), from €80,335 to €72,241
of which Trade receivables: -€9,895
- Other debts -€29,857
down €29,857 (-11.8%), from €254,051 to €224,194
- Debts after one year -€22,654
down €22,654 (-26.7%), from €84,883 to €62,229
- Gross operating margin -€9,579
down €9,579 (-16.9%), from €56,604 to €47,026
- Taxes -€2,486
down €2,486 (-43.7%), from €5,690 to €3,204
- Financial charges -€982
down €982 (-5.0%), from €19,549 to €18,567
- Other operating charges -€688
down €688 (-15.3%), from €4,504 to €3,816
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 | €753,318 | €698,796 | -€54,523 | -7.2% |
| Fixed assets | 21/28 | €540,343 | €523,075 | -€17,268 | -3.2% |
| Tangible fixed assets | 22/27 | €540,343 | €523,075 | -€17,268 | -3.2% |
| Land and buildings | 22 | €527,074 | €512,355 | -€14,719 | -2.8% |
| Plant, machinery and equipment | 23 | €11,428 | €9,400 | -€2,028 | -17.7% |
| Furniture and vehicles | 24 | €1,841 | €1,319 | -€521 | -28.3% |
| Current assets | 29/58 | €212,975 | €175,721 | -€37,254 | -17.5% |
| Amounts receivable within one year | 40/41 | €80,335 | €72,241 | -€8,094 | -10.1% |
| Trade receivables | 40 | €76,278 | €66,383 | -€9,895 | -13.0% |
| Other amounts receivable | 41 | €4,057 | €5,859 | +€1,801 | +44.4% |
| Cash at bank and in hand | 54/58 | €130,457 | €95,108 | -€35,349 | -27.1% |
| Deferred charges and accrued income | 490/1 | €2,183 | €8,372 | +€6,189 | +283% |
| Total equity and liabilities | 10/49 | €753,318 | €698,796 | -€54,523 | -7.2% |
| Equity | 10/15 | €328,018 | €331,462 | +€3,444 | +1.0% |
| Contributions | 10/11 | €6,222 | €6,222 | = | 0.0% |
| Reserves | 13 | €306,129 | €309,565 | +€3,437 | +1.1% |
| Tax-exempt reserves | 132 | €114,412 | €110,439 | -€3,973 | -3.5% |
| Distributable reserves | 133 | €191,717 | €199,127 | +€7,410 | +3.9% |
| Profit (loss) carried forward | 14 | €15,667 | €15,674 | +€7 | 0.0% |
| Provisions and deferred taxes | 16 | €28,603 | €27,610 | -€993 | -3.5% |
| Deferred taxes | 168 | €28,603 | €27,610 | -€993 | -3.5% |
| Amounts payable | 17/49 | €396,698 | €339,724 | -€56,973 | -14.4% |
| Amounts payable after more than one year | 17 | €84,883 | €62,229 | -€22,654 | -26.7% |
| Financial debts | 170/4 | €84,883 | €62,229 | -€22,654 | -26.7% |
| Amounts payable within one year | 42/48 | €311,815 | €277,496 | -€34,319 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €23,299 | €22,654 | -€645 | -2.8% |
| Trade debts | 44 | €9,200 | €10,908 | +€1,708 | +18.6% |
| Suppliers | 440/4 | €9,200 | €10,908 | +€1,708 | +18.6% |
| Taxes, remuneration and social security | 45 | €25,265 | €19,740 | -€5,525 | -21.9% |
| Taxes | 450/3 | €25,265 | €19,740 | -€5,525 | -21.9% |
| Other amounts payable | 47/48 | €254,051 | €224,194 | -€29,857 | -11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,036 | €17,268 | +€233 | +1.4% |
| Other operating charges | 640/8 | €4,504 | €3,816 | -€688 | -15.3% |
| Non-recurring operating charges | 66A | - | €1,791 | +€1,791 | |
| Gross operating margin | 9900 | €56,604 | €47,026 | -€9,579 | -16.9% |
| Operating profit (loss) | 9901 | €35,065 | €24,151 | -€10,914 | -31.1% |
| Financial income | 75/76B | €2 | €70 | +€68 | +3,033% |
| Recurring financial income | 75 | €2 | €70 | +€68 | +3,033% |
| Financial charges | 65/66B | €19,549 | €18,567 | -€982 | -5.0% |
| Recurring financial charges | 65 | €19,549 | €18,567 | -€982 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €15,518 | €5,654 | -€9,864 | -63.6% |
| Transfer from deferred taxes | 780 | €993 | €993 | = | 0.0% |
| Income taxes | 67/77 | €5,690 | €3,204 | -€2,486 | -43.7% |
| Profit (loss) for the period | 9904 | €10,822 | €3,444 | -€7,378 | -68.2% |
| Transfer from tax-exempt reserves | 789 | €3,973 | €3,973 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,795 | €7,417 | -€7,378 | -49.9% |
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 24 October 2026 via checked.be.