LAICITE: 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.
LAICITE
Largest movements
- Cash -€20,248
down €20,248 (-96.7%), from €20,934 to €685
mainly Net result for the year (-€16,671) and Debts after one year (-€8,063)
- Tangible fixed assets -€11,132
down €11,132 (-8.6%), from €129,661 to €118,529
- Receivables within one year +€5,000
new in 2024: €5,000
- Receivables after one year -€2,000
down €2,000 (-100%), from €2,000 to €0
- Profit (loss) carried forward -€16,671
down €16,671 (-160%), from -€10,436 to -€27,106
- Debts after one year -€8,063
down €8,063 (-8.6%), from €93,376 to €85,313
of which Financial debts: -€15,160
- Short-term financial debts -€4,837
down €4,837 (-23.7%), from €20,424 to €15,587
- Depreciation +€3,487
up €3,487 (+45.6%), from €7,645 to €11,132
- Gross operating margin -€677
down €677 (-25.4%), from €2,665 to €1,987
- Purchases and services +€677
up €677 (+202%), from €335 to €1,013
- Staff costs -€539
down €539 (-33.0%), from €1,633 to €1,094
- Other operating charges -€357
down €357 (-13.5%), from €2,643 to €2,287
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €152,595 | €124,214 | -€28,381 | -18.6% |
| Fixed assets | 21/28 | €129,661 | €118,529 | -€11,132 | -8.6% |
| Tangible fixed assets | 22/27 | €129,661 | €118,529 | -€11,132 | -8.6% |
| Land and buildings | 22 | €129,661 | €118,529 | -€11,132 | -8.6% |
| Current assets | 29/58 | €22,934 | €5,685 | -€17,248 | -75.2% |
| Amounts receivable after more than one year | 29 | €2,000 | €0 | -€2,000 | -100% |
| Trade receivables | 290 | €2,000 | €0 | -€2,000 | -100% |
| Amounts receivable within one year | 40/41 | - | €5,000 | +€5,000 | |
| Trade receivables | 40 | - | €5,000 | +€5,000 | |
| Cash at bank and in hand | 54/58 | €20,934 | €685 | -€20,248 | -96.7% |
| Total equity and liabilities | 10/49 | €152,595 | €124,214 | -€28,381 | -18.6% |
| Equity | 10/15 | €37,638 | €20,967 | -€16,671 | -44.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €8 | €8 | = | 0.0% |
| Reserves | 13 | €29,481 | €29,481 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €27,621 | €27,621 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,436 | -€27,106 | -€16,671 | -160% |
| Amounts payable | 17/49 | €114,957 | €103,247 | -€11,710 | -10.2% |
| Amounts payable after more than one year | 17 | €93,376 | €85,313 | -€8,063 | -8.6% |
| Financial debts | 170/4 | €20,053 | €4,893 | -€15,160 | -75.6% |
| Other amounts payable | 178/9 | €73,323 | €80,420 | +€7,097 | +9.7% |
| Amounts payable within one year | 42/48 | €21,581 | €17,934 | -€3,647 | -16.9% |
| Financial debts | 43 | €20,424 | €15,587 | -€4,837 | -23.7% |
| Credit institutions | 430/8 | €20,424 | €15,587 | -€4,837 | -23.7% |
| Trade debts | 44 | €1,157 | €2,347 | +€1,190 | +103% |
| Suppliers | 440/4 | €1,157 | €2,347 | +€1,190 | +103% |
| Turnover | 70 | €3,000 | €3,000 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €335 | €1,013 | +€677 | +202% |
| Remuneration, social security and pensions | 62 | €1,633 | €1,094 | -€539 | -33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,645 | €11,132 | +€3,487 | +45.6% |
| Other operating charges | 640/8 | €2,643 | €2,287 | -€357 | -13.5% |
| Gross operating margin | 9900 | €2,665 | €1,987 | -€677 | -25.4% |
| Operating profit (loss) | 9901 | -€9,257 | -€12,526 | -€3,269 | -35.3% |
| Financial charges | 65/66B | €3,822 | €4,145 | +€323 | +8.5% |
| Recurring financial charges | 65 | €3,822 | €4,145 | +€323 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | -€13,078 | -€16,671 | -€3,592 | -27.5% |
| Profit (loss) for the period | 9904 | -€13,078 | -€16,671 | -€3,592 | -27.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,078 | -€16,671 | -€3,592 | -27.5% |
Source: filed annual accounts (NBB), financial years ended 30 November 2023 and 30 November 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.