LAKSA: 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.
LAKSA
Largest movements
- Receivables within one year +€175,591
new in 2025: €175,591
- Cash -€97,699
down €97,699 (-90.3%), from €108,189 to €10,491
mainly Receivables within one year (-€175,591) and Contributions, distributions and other (-€33,000)
- Tangible fixed assets -€28,195
down €28,195 (-8.9%), from €316,795 to €288,600
of which Land and buildings: -€18,640
- Other debts +€52,159
up €52,159 (+13.1%), from €398,442 to €450,601
- Reserves +€36,238
up €36,238 (+67.6%), from €53,637 to €89,875
of which Distributable reserves: +€36,238
- Investment grants -€33,000
no longer reported in 2025 (was €33,000)
- Debts after one year -€29,303
down €29,303 (-27.8%), from €105,549 to €76,246
- Tax, wage and social debts +€19,553
up €19,553 (+69.9%), from €27,982 to €47,535
of which Taxes: +€14,658
- Gross operating margin +€51,585
up €51,585 (+97.0%), from €53,196 to €104,781
- Financial income +€30,799
up €30,799 (+1397.7%), from €2,204 to €33,003
- Financial charges +€6,389
up €6,389 (+239.4%), from €2,668 to €9,057
- Taxes +€5,088
up €5,088 (+1223.1%), from €416 to €5,504
- Staff costs +€2,877
up €2,877 (+6.2%), from €46,485 to €49,363
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 | €692,713 | €740,191 | +€47,479 | +6.9% |
| Fixed assets | 21/28 | €576,795 | €548,600 | -€28,195 | -4.9% |
| Tangible fixed assets | 22/27 | €316,795 | €288,600 | -€28,195 | -8.9% |
| Land and buildings | 22 | €293,919 | €275,278 | -€18,640 | -6.3% |
| Plant, machinery and equipment | 23 | €22,784 | €13,322 | -€9,462 | -41.5% |
| Furniture and vehicles | 24 | €93 | - | -€93 | |
| Financial fixed assets | 28 | €260,000 | €260,000 | = | 0.0% |
| Current assets | 29/58 | €115,918 | €191,591 | +€75,674 | +65.3% |
| Stocks and contracts in progress | 3 | €5,510 | €5,510 | = | 0.0% |
| Stocks | 30/36 | €5,510 | €5,510 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €175,591 | +€175,591 | |
| Trade receivables | 40 | - | €175,591 | +€175,591 | |
| Cash at bank and in hand | 54/58 | €108,189 | €10,491 | -€97,699 | -90.3% |
| Deferred charges and accrued income | 490/1 | €2,218 | - | -€2,218 | |
| Total equity and liabilities | 10/49 | €692,713 | €740,191 | +€47,479 | +6.9% |
| Equity | 10/15 | €105,293 | €109,875 | +€4,582 | +4.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €53,637 | €89,875 | +€36,238 | +67.6% |
| Tax-exempt reserves | 132 | €22,722 | €22,722 | = | 0.0% |
| Distributable reserves | 133 | €30,914 | €67,152 | +€36,238 | +117.2% |
| Profit (loss) carried forward | 14 | -€1,344 | - | +€1,344 | |
| Investment grants | 15 | €33,000 | - | -€33,000 | |
| Amounts payable | 17/49 | €587,420 | €630,317 | +€42,896 | +7.3% |
| Amounts payable after more than one year | 17 | €105,549 | €76,246 | -€29,303 | -27.8% |
| Financial debts | 170/4 | €105,549 | €76,246 | -€29,303 | -27.8% |
| Amounts payable within one year | 42/48 | €481,871 | €554,070 | +€72,199 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | €33,972 | €29,303 | -€4,669 | -13.7% |
| Trade debts | 44 | €21,476 | €26,632 | +€5,156 | +24.0% |
| Suppliers | 440/4 | €21,476 | €26,632 | +€5,156 | +24.0% |
| Taxes, remuneration and social security | 45 | €27,982 | €47,535 | +€19,553 | +69.9% |
| Taxes | 450/3 | €9,840 | €24,497 | +€14,658 | +149.0% |
| Remuneration and social security | 454/9 | €18,142 | €23,038 | +€4,896 | +27.0% |
| Other amounts payable | 47/48 | €398,442 | €450,601 | +€52,159 | +13.1% |
| Remuneration, social security and pensions | 62 | €46,485 | €49,363 | +€2,877 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,648 | €29,434 | -€1,214 | -4.0% |
| Other operating charges | 640/8 | €5,059 | €6,844 | +€1,785 | +35.3% |
| Gross operating margin | 9900 | €53,196 | €104,781 | +€51,585 | +97.0% |
| Operating profit (loss) | 9901 | -€28,997 | €19,140 | +€48,137 | |
| Financial income | 75/76B | €2,204 | €33,003 | +€30,799 | +1397.7% |
| Recurring financial income | 75 | €2,204 | €33,003 | +€30,799 | +1397.7% |
| Financial charges | 65/66B | €2,668 | €9,057 | +€6,389 | +239.4% |
| Recurring financial charges | 65 | €2,668 | €9,057 | +€6,389 | +239.4% |
| Profit (loss) for the period before taxes | 9903 | -€29,462 | €43,087 | +€72,548 | |
| Income taxes | 67/77 | €416 | €5,504 | +€5,088 | +1223.1% |
| Profit (loss) for the period | 9904 | -€29,878 | €37,582 | +€67,460 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,878 | €37,582 | +€67,460 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.