LAHAYA: 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.
LAHAYA
Largest movements
- Financial fixed assets +€54,538
up €54,538 (+76.6%), from €71,219 to €125,757
- Receivables after one year -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Cash +€44,556
up €44,556 (+18.9%), from €236,189 to €280,744
mainly Net result for the year (+€62,226) and Receivables after one year (+€50,000)
- Deferred charges and accrued income +€16,000
up €16,000 (+74.3%), from €21,523 to €37,523
- Reserves +€59,880
up €59,880 (+4.7%), from €1.3m to €1.3m
of which Tax-exempt reserves: +€94,484
- Other debts +€21,237
up €21,237 (+133.2%), from €15,946 to €37,183
- Tax, wage and social debts -€19,189
down €19,189 (-71.1%), from €26,971 to €7,782
- Financial income +€12,963
up €12,963 (+463.0%), from €2,800 to €15,763
- Taxes +€3,054
up €3,054 (+16.7%), from €18,305 to €21,359
- Gross operating margin -€2,460
down €2,460 (-2.1%), from €117,461 to €115,001
- Depreciation -€2,141
down €2,141 (-4.5%), from €47,927 to €45,785
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 | €1,407,215 | €1,482,106 | +€74,892 | +5.3% |
| Fixed assets | 21/28 | €718,273 | €780,769 | +€62,495 | +8.7% |
| Tangible fixed assets | 22/27 | €647,054 | €655,011 | +€7,957 | +1.2% |
| Land and buildings | 22 | €621,823 | €625,339 | +€3,516 | +0.6% |
| Furniture and vehicles | 24 | €25,231 | €20,272 | -€4,959 | -19.7% |
| Other tangible fixed assets | 26 | - | €9,400 | +€9,400 | |
| Financial fixed assets | 28 | €71,219 | €125,757 | +€54,538 | +76.6% |
| Current assets | 29/58 | €688,941 | €701,338 | +€12,397 | +1.8% |
| Amounts receivable after more than one year | 29 | €50,000 | €0 | -€50,000 | -100.0% |
| Other amounts receivable | 291 | €50,000 | €0 | -€50,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €381,229 | €383,070 | +€1,841 | +0.5% |
| Other amounts receivable | 41 | €381,229 | €383,070 | +€1,841 | +0.5% |
| Cash at bank and in hand | 54/58 | €236,189 | €280,744 | +€44,556 | +18.9% |
| Deferred charges and accrued income | 490/1 | €21,523 | €37,523 | +€16,000 | +74.3% |
| Total equity and liabilities | 10/49 | €1,407,215 | €1,482,106 | +€74,892 | +5.3% |
| Equity | 10/15 | €1,324,417 | €1,384,297 | +€59,880 | +4.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,262,417 | €1,322,297 | +€59,880 | +4.7% |
| Tax-exempt reserves | 132 | €177,986 | €272,470 | +€94,484 | +53.1% |
| Distributable reserves | 133 | €1,084,431 | €1,049,827 | -€34,604 | -3.2% |
| Provisions and deferred taxes | 16 | €24,245 | €23,463 | -€782 | -3.2% |
| Deferred taxes | 168 | €24,245 | €23,463 | -€782 | -3.2% |
| Amounts payable | 17/49 | €58,552 | €74,346 | +€15,794 | +27.0% |
| Amounts payable within one year | 42/48 | €46,426 | €62,220 | +€15,794 | +34.0% |
| Trade debts | 44 | €3,509 | €17,255 | +€13,746 | +391.7% |
| Suppliers | 440/4 | €3,509 | €17,255 | +€13,746 | +391.7% |
| Taxes, remuneration and social security | 45 | €26,971 | €7,782 | -€19,189 | -71.1% |
| Taxes | 450/3 | €26,971 | €7,782 | -€19,189 | -71.1% |
| Other amounts payable | 47/48 | €15,946 | €37,183 | +€21,237 | +133.2% |
| Accrued charges and deferred income | 492/3 | €12,126 | €12,126 | = | 0.0% |
| Non-recurring operating income | 76A | €14,420 | €0 | -€14,420 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,927 | €45,785 | -€2,141 | -4.5% |
| Other operating charges | 640/8 | €4,718 | €4,294 | -€424 | -9.0% |
| Gross operating margin | 9900 | €117,461 | €115,001 | -€2,460 | -2.1% |
| Operating profit (loss) | 9901 | €64,817 | €64,922 | +€105 | +0.2% |
| Financial income | 75/76B | €2,800 | €15,763 | +€12,963 | +463.0% |
| Recurring financial income | 75 | €2,800 | €15,763 | +€12,963 | +463.0% |
| Financial charges | 65/66B | €193 | €228 | +€35 | +18.3% |
| Recurring financial charges | 65 | €193 | €228 | +€35 | +18.3% |
| Profit (loss) for the period before taxes | 9903 | €67,424 | €80,457 | +€13,033 | +19.3% |
| Transfer from deferred taxes | 780 | €782 | €3,128 | +€2,346 | +300.0% |
| Income taxes | 67/77 | €18,305 | €21,359 | +€3,054 | +16.7% |
| Profit (loss) for the period | 9904 | €49,901 | €62,226 | +€12,325 | +24.7% |
| Transfer from tax-exempt reserves | 789 | €2,346 | - | -€2,346 | |
| Transfer to tax-exempt reserves | 689 | €105,250 | €96,830 | -€8,420 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,003 | -€34,604 | +€18,399 | +34.7% |
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 8 October 2026 via checked.be.