LALINO: 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.
LALINO
Largest movements
- Cash +€341,289
up €341,289 (+290%), from €117,654 to €458,943
mainly Net result for the year (+€266,918) and Short-term financial debts (+€118,698)
- Receivables within one year +€120,470
up €120,470 (+61.6%), from €195,666 to €316,136
of which Other amounts receivable: +€122,341
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Tangible fixed assets -€36,672
down €36,672 (-6.8%), from €536,860 to €500,188
of which Furniture and vehicles: -€29,339
- Deferred charges and accrued income +€23,603
up €23,603 (+58.2%), from €40,571 to €64,174
- Reserves +€266,918
up €266,918 (+44.7%), from €597,042 to €863,961
- Short-term financial debts +€118,698
new in 2025: €118,698
- Debts after one year -€65,084
down €65,084 (-23.4%), from €278,713 to €213,629
- Gross operating margin +€100,349
up €100,349 (+20.9%), from €480,865 to €581,214
- Staff costs +€41,433
up €41,433 (+34.6%), from €119,708 to €161,142
- Other operating charges -€15,841
down €15,841 (-86.5%), from €18,317 to €2,476
- Taxes +€12,617
up €12,617 (+13.2%), from €95,501 to €108,118
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 | €1,090,751 | €1,439,442 | +€348,690 | +32.0% |
| Fixed assets | 21/28 | €536,860 | €500,188 | -€36,672 | -6.8% |
| Tangible fixed assets | 22/27 | €536,860 | €500,188 | -€36,672 | -6.8% |
| Land and buildings | 22 | €472,015 | €464,958 | -€7,057 | -1.5% |
| Plant, machinery and equipment | 23 | €712 | €436 | -€276 | -38.7% |
| Furniture and vehicles | 24 | €64,133 | €34,794 | -€29,339 | -45.7% |
| Current assets | 29/58 | €553,891 | €939,253 | +€385,362 | +69.6% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €195,666 | €316,136 | +€120,470 | +61.6% |
| Trade receivables | 40 | €1,870 | - | -€1,870 | |
| Other amounts receivable | 41 | €193,795 | €316,136 | +€122,341 | +63.1% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €117,654 | €458,943 | +€341,289 | +290% |
| Deferred charges and accrued income | 490/1 | €40,571 | €64,174 | +€23,603 | +58.2% |
| Total equity and liabilities | 10/49 | €1,090,751 | €1,439,442 | +€348,690 | +32.0% |
| Equity | 10/15 | €603,242 | €870,161 | +€266,918 | +44.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €597,042 | €863,961 | +€266,918 | +44.7% |
| Distributable reserves | 133 | €597,042 | €863,961 | +€266,918 | +44.7% |
| Amounts payable | 17/49 | €487,509 | €569,281 | +€81,772 | +16.8% |
| Amounts payable after more than one year | 17 | €278,713 | €213,629 | -€65,084 | -23.4% |
| Financial debts | 170/4 | €278,713 | €213,629 | -€65,084 | -23.4% |
| Amounts payable within one year | 42/48 | €195,215 | €333,756 | +€138,540 | +71.0% |
| Current portion of amounts payable after more than one year | 42 | €64,501 | €64,638 | +€137 | +0.2% |
| Financial debts | 43 | - | €118,698 | +€118,698 | |
| Other loans | 439 | - | €118,698 | +€118,698 | |
| Trade debts | 44 | €22,060 | €27,553 | +€5,493 | +24.9% |
| Suppliers | 440/4 | €22,060 | €27,553 | +€5,493 | +24.9% |
| Taxes, remuneration and social security | 45 | €108,654 | €122,867 | +€14,212 | +13.1% |
| Taxes | 450/3 | €95,139 | €95,139 | = | 0.0% |
| Remuneration and social security | 454/9 | €13,515 | €27,728 | +€14,212 | +105% |
| Accrued charges and deferred income | 492/3 | €13,581 | €21,897 | +€8,316 | +61.2% |
| Remuneration, social security and pensions | 62 | €119,708 | €161,142 | +€41,433 | +34.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,478 | €45,970 | -€3,508 | -7.1% |
| Other operating charges | 640/8 | €18,317 | €2,476 | -€15,841 | -86.5% |
| Gross operating margin | 9900 | €480,865 | €581,214 | +€100,349 | +20.9% |
| Operating profit (loss) | 9901 | €293,362 | €371,627 | +€78,265 | +26.7% |
| Financial income | 75/76B | €3,819 | €7,440 | +€3,622 | +94.8% |
| Recurring financial income | 75 | €3,819 | €7,440 | +€3,622 | +94.8% |
| Financial charges | 65/66B | €4,400 | €4,031 | -€369 | -8.4% |
| Recurring financial charges | 65 | €4,400 | €4,031 | -€369 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €292,781 | €375,036 | +€82,256 | +28.1% |
| Income taxes | 67/77 | €95,501 | €108,118 | +€12,617 | +13.2% |
| Profit (loss) for the period | 9904 | €197,279 | €266,918 | +€69,639 | +35.3% |
| Profit (loss) for the period to be appropriated | 9905 | €197,279 | €266,918 | +€69,639 | +35.3% |
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.