LALAING: 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.
LALAING
Largest movements
- Tangible fixed assets +€808,102
up €808,102 (+380.7%), from €212,262 to €1.0m
- Other debts +€386,963
up €386,963 (+3271.3%), from €11,829 to €398,792
- Debts after one year +€360,506
up €360,506 (+350.1%), from €102,986 to €463,491
of which Financial debts: +€360,506
- Accrued charges and deferred income +€21,600
up €21,600 (+300.0%), from €7,200 to €28,800
- Trade debts +€14,987
new in 2025: €14,987
- Current portion of long-term debt +€14,101
up €14,101 (+55.5%), from €25,394 to €39,494
- Depreciation +€39,303
up €39,303 (+302.2%), from €13,004 to €52,307
- Taxes -€10,731
down €10,731 (-67.7%), from €15,856 to €5,125
- Gross operating margin -€8,677
down €8,677 (-9.8%), from €88,473 to €79,796
- Financial charges -€1,366
down €1,366 (-19.5%), from €6,998 to €5,631
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 | €221,565 | €1,034,233 | +€812,669 | +366.8% |
| Fixed assets | 21/28 | €212,262 | €1,020,364 | +€808,102 | +380.7% |
| Tangible fixed assets | 22/27 | €212,262 | €1,020,364 | +€808,102 | +380.7% |
| Land and buildings | 22 | €212,262 | €1,020,364 | +€808,102 | +380.7% |
| Current assets | 29/58 | €9,303 | €13,869 | +€4,566 | +49.1% |
| Cash at bank and in hand | 54/58 | €6,222 | €10,648 | +€4,426 | +71.1% |
| Deferred charges and accrued income | 490/1 | €3,081 | €3,221 | +€141 | +4.6% |
| Total equity and liabilities | 10/49 | €221,565 | €1,034,233 | +€812,669 | +366.8% |
| Equity | 10/15 | €56,674 | €67,798 | +€11,123 | +19.6% |
| Contributions | 10/11 | €20,271 | €20,271 | = | 0.0% |
| Capital | 10 | €20,271 | €20,271 | = | 0.0% |
| Issued capital | 100 | €20,271 | €20,271 | = | 0.0% |
| Reserves | 13 | €36,403 | €47,527 | +€11,123 | +30.6% |
| Distributable reserves | 133 | €36,403 | €47,527 | +€11,123 | +30.6% |
| Amounts payable | 17/49 | €164,890 | €966,435 | +€801,545 | +486.1% |
| Amounts payable after more than one year | 17 | €102,986 | €463,491 | +€360,506 | +350.1% |
| Financial debts | 170/4 | €84,986 | €445,491 | +€360,506 | +424.2% |
| Other amounts payable | 178/9 | €18,000 | €18,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €54,705 | €474,144 | +€419,440 | +766.7% |
| Current portion of amounts payable after more than one year | 42 | €25,394 | €39,494 | +€14,101 | +55.5% |
| Trade debts | 44 | - | €14,987 | +€14,987 | |
| Suppliers | 440/4 | - | €14,987 | +€14,987 | |
| Taxes, remuneration and social security | 45 | €17,482 | €20,871 | +€3,389 | +19.4% |
| Taxes | 450/3 | €17,482 | €20,871 | +€3,389 | +19.4% |
| Other amounts payable | 47/48 | €11,829 | €398,792 | +€386,963 | +3271.3% |
| Accrued charges and deferred income | 492/3 | €7,200 | €28,800 | +€21,600 | +300.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,004 | €52,307 | +€39,303 | +302.2% |
| Other operating charges | 640/8 | €5,489 | €5,609 | +€121 | +2.2% |
| Gross operating margin | 9900 | €88,473 | €79,796 | -€8,677 | -9.8% |
| Operating profit (loss) | 9901 | €69,981 | €21,879 | -€48,101 | -68.7% |
| Financial charges | 65/66B | €6,998 | €5,631 | -€1,366 | -19.5% |
| Recurring financial charges | 65 | €6,998 | €5,631 | -€1,366 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | €62,983 | €16,248 | -€46,735 | -74.2% |
| Income taxes | 67/77 | €15,856 | €5,125 | -€10,731 | -67.7% |
| Profit (loss) for the period | 9904 | €47,128 | €11,123 | -€36,004 | -76.4% |
| Profit (loss) for the period to be appropriated | 9905 | €47,128 | €11,123 | -€36,004 | -76.4% |
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 4 October 2026 via checked.be.