LAHAEYE: 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.
LAHAEYE
Largest movements
- Cash +€202,873
up €202,873 (+27.4%), from €739,783 to €942,656
mainly Net result for the year (+€191,844) and Other debts (+€167,172)
- Other debts +€167,172
up €167,172 (+995%), from €16,805 to €183,977
- Short-term financial debts +€44,224
new in 2025: €44,224
- Tax, wage and social debts -€22,246
down €22,246 (-27.7%), from €80,308 to €58,062
- Gross operating margin +€38,625
up €38,625 (+16.1%), from €239,427 to €278,052
- Financial income +€13,097
up €13,097 (+874%), from €1,498 to €14,595
- Taxes +€9,166
up €9,166 (+12.4%), from €74,026 to €83,192
- Financial charges +€8,537
up €8,537 (+197%), from €4,342 to €12,879
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 | €895,205 | €1,094,751 | +€199,546 | +22.3% |
| Fixed assets | 21/28 | €13,681 | €10,317 | -€3,364 | -24.6% |
| Tangible fixed assets | 22/27 | €8,681 | €6,317 | -€2,364 | -27.2% |
| Furniture and vehicles | 24 | €8,681 | €6,317 | -€2,364 | -27.2% |
| Financial fixed assets | 28 | €5,000 | €4,000 | -€1,000 | -20.0% |
| Current assets | 29/58 | €881,524 | €1,084,434 | +€202,910 | +23.0% |
| Current investments | 50/53 | €141,530 | €141,530 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €739,783 | €942,656 | +€202,873 | +27.4% |
| Deferred charges and accrued income | 490/1 | €211 | €247 | +€37 | +17.4% |
| Total equity and liabilities | 10/49 | €895,205 | €1,094,751 | +€199,546 | +22.3% |
| Equity | 10/15 | €795,766 | €805,831 | +€10,065 | +1.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €783,366 | €793,431 | +€10,065 | +1.3% |
| Distributable reserves | 133 | €783,366 | €793,431 | +€10,065 | +1.3% |
| Amounts payable | 17/49 | €99,439 | €288,920 | +€189,481 | +191% |
| Amounts payable within one year | 42/48 | €99,439 | €288,920 | +€189,481 | +191% |
| Financial debts | 43 | - | €44,224 | +€44,224 | |
| Credit institutions | 430/8 | - | €44,224 | +€44,224 | |
| Trade debts | 44 | €2,326 | €2,657 | +€331 | +14.2% |
| Suppliers | 440/4 | €2,326 | €2,657 | +€331 | +14.2% |
| Taxes, remuneration and social security | 45 | €80,308 | €58,062 | -€22,246 | -27.7% |
| Taxes | 450/3 | €80,308 | €58,062 | -€22,246 | -27.7% |
| Other amounts payable | 47/48 | €16,805 | €183,977 | +€167,172 | +995% |
| Non-recurring operating income | 76A | €205 | €10,487 | +€10,282 | +5,025% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,368 | €2,364 | -€4 | -0.2% |
| Other operating charges | 640/8 | €565 | €2,369 | +€1,803 | +319% |
| Gross operating margin | 9900 | €239,427 | €278,052 | +€38,625 | +16.1% |
| Operating profit (loss) | 9901 | €236,494 | €273,320 | +€36,826 | +15.6% |
| Financial income | 75/76B | €1,498 | €14,595 | +€13,097 | +874% |
| Recurring financial income | 75 | €1,498 | €14,595 | +€13,097 | +874% |
| Financial charges | 65/66B | €4,342 | €12,879 | +€8,537 | +197% |
| Recurring financial charges | 65 | €4,342 | €12,879 | +€8,537 | +197% |
| Profit (loss) for the period before taxes | 9903 | €233,650 | €275,036 | +€41,385 | +17.7% |
| Income taxes | 67/77 | €74,026 | €83,192 | +€9,166 | +12.4% |
| Profit (loss) for the period | 9904 | €159,624 | €191,844 | +€32,220 | +20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €159,624 | €191,844 | +€32,220 | +20.2% |
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 23 October 2026 via checked.be.