LAFUGA: 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.
LAFUGA
Largest movements
- Cash -€17,905
down €17,905 (-68.7%), from €26,046 to €8,142
mainly Other debts (-€13,000) and Trade debts (-€9,426)
- Tangible fixed assets -€2,900
down €2,900 (-75.0%), from €3,867 to €967
- Stocks and contracts +€1,010
up €1,010 (+17.3%), from €5,845 to €6,855
- Other debts -€13,000
down €13,000 (-99.0%), from €13,127 to €127
- Trade debts -€9,426
down €9,426 (-95.0%), from €9,923 to €497
- Profit (loss) carried forward +€2,057
up €2,057 (+23.3%), from -€8,846 to -€6,789
- Tax, wage and social debts +€937
up €937 (+18.3%), from €5,117 to €6,054
of which Taxes: +€1,391
- Financial income +€6,503
new in 2025: €6,503
of which Financial income: +€6,503
- Staff costs +€1,366
up €1,366 (+5.8%), from €23,726 to €25,092
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 | €37,921 | €18,489 | -€19,432 | -51.2% |
| Fixed assets | 21/28 | €3,867 | €967 | -€2,900 | -75.0% |
| Tangible fixed assets | 22/27 | €3,867 | €967 | -€2,900 | -75.0% |
| Plant, machinery and equipment | 23 | €3,867 | €967 | -€2,900 | -75.0% |
| Current assets | 29/58 | €34,054 | €17,522 | -€16,532 | -48.5% |
| Stocks and contracts in progress | 3 | €5,845 | €6,855 | +€1,010 | +17.3% |
| Stocks | 30/36 | €5,845 | €6,855 | +€1,010 | +17.3% |
| Amounts receivable within one year | 40/41 | €1,566 | €1,928 | +€363 | +23.2% |
| Trade receivables | 40 | €1,531 | - | -€1,531 | |
| Other amounts receivable | 41 | €35 | €1,928 | +€1,893 | +5,392% |
| Cash at bank and in hand | 54/58 | €26,046 | €8,142 | -€17,905 | -68.7% |
| Deferred charges and accrued income | 490/1 | €597 | €597 | = | 0.0% |
| Total equity and liabilities | 10/49 | €37,921 | €18,489 | -€19,432 | -51.2% |
| Equity | 10/15 | €9,754 | €11,811 | +€2,057 | +21.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,846 | -€6,789 | +€2,057 | +23.3% |
| Amounts payable | 17/49 | €28,167 | €6,678 | -€21,489 | -76.3% |
| Amounts payable within one year | 42/48 | €28,167 | €6,678 | -€21,489 | -76.3% |
| Trade debts | 44 | €9,923 | €497 | -€9,426 | -95.0% |
| Suppliers | 440/4 | €9,923 | €497 | -€9,426 | -95.0% |
| Taxes, remuneration and social security | 45 | €5,117 | €6,054 | +€937 | +18.3% |
| Taxes | 450/3 | - | €1,391 | +€1,391 | |
| Remuneration and social security | 454/9 | €5,117 | €4,663 | -€454 | -8.9% |
| Other amounts payable | 47/48 | €13,127 | €127 | -€13,000 | -99.0% |
| Remuneration, social security and pensions | 62 | €23,726 | €25,092 | +€1,366 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,126 | €2,900 | -€226 | -7.2% |
| Other operating charges | 640/8 | €1,162 | €1,204 | +€42 | +3.6% |
| Gross operating margin | 9900 | €24,749 | €24,808 | +€60 | +0.2% |
| Operating profit (loss) | 9901 | -€3,265 | -€4,387 | -€1,122 | -34.4% |
| Financial income | 75/76B | - | €6,503 | +€6,503 | |
| Recurring financial income | 75 | - | €6,503 | +€6,503 | |
| Non-recurring financial income | 76B | - | €6,503 | +€6,503 | |
| Financial charges | 65/66B | €45 | €59 | +€14 | +30.1% |
| Recurring financial charges | 65 | €45 | €59 | +€14 | +30.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,310 | €2,057 | +€5,367 | |
| Profit (loss) for the period | 9904 | -€3,310 | €2,057 | +€5,367 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,310 | €2,057 | +€5,367 |
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.