LALU: 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.
What changed
LALU
NACE 47.742, Retail sale of prescription glasses, lenses and sunglasses
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€58,956
2024 · €20,522-€79,478
Equity
€365,321
2024 · €425,299-€59,978
Cash
€28,665
2024 · €37,385-€8,720
Balance sheet total
€905,734
2024 · €726,210+€179,524
Largest movements
Assets
- Tangible fixed assets +€167,816
up €167,816 (+24.9%), from €673,109 to €840,925
of which Land and buildings: +€481,165
- Receivables within one year +€20,991
up €20,991 (+163%), from €12,846 to €33,837
of which Other amounts receivable: +€11,941
Equity and liabilities
- Debts after one year +€212,721
up €212,721 (+143%), from €148,671 to €361,392
of which Other amounts payable: +€200,602
- Profit (loss) carried forward -€51,479
new in 2025: -€51,479
- Current portion of long-term debt +€37,055
up €37,055 (+53.2%), from €69,623 to €106,678
- Tax, wage and social debts -€9,649
down €9,649 (-63.1%), from €15,298 to €5,649
of which Taxes: -€9,649
Income statement
- Gross operating margin -€128,617
down €128,617 (-79.6%), from €161,505 to €32,888
- Staff costs -€71,107
down €71,107 (-98.4%), from €72,235 to €1,128
- Depreciation +€22,603
up €22,603 (+42.0%), from €53,767 to €76,370
- Taxes -€8,917
down €8,917 (-96.9%), from €9,207 to €290
- Financial income -€5,090
down €5,090 (-81.6%), from €6,239 to €1,149
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.
Result 2024
€20,522
Gross operating margin
-€128,617
Staff costs
+€71,107
Depreciation
-€22,603
Other operating charges
-€1,153
Other operating items
+€168
Financial income
-€5,090
Financial charges
-€4,707
Taxes
+€8,917
Deferred taxes and other
+€2,500
Result 2025
-€58,956
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€13,289
Investment
-€244,185
Financing
+€248,753
Cash 2024
€37,385
From operations (derived)
-€13,289
Net result for the year
-€58,956
Depreciation
+€76,370
Receivables within one year
-€20,991
Deferred charges and accrued income
+€562
Provisions
-€3,210
Trade debts
+€2,585
Tax, wage and social debts
-€9,649
Investment (derived)
-€244,185
Investment in fixed assets (net)
-€244,185
Financing
+€248,753
Debts after one year
+€212,721
Current portion of long-term debt
+€37,055
Contributions, distributions and other
-€1,022
Not broken down
+€1
Cash 2025
€28,665
brings cash intakes cash outdifference the filed balance sheets leave
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €726,210 | €905,734 | +€179,524 | +24.7% |
| Fixed assets | 21/28 | €673,109 | €840,925 | +€167,816 | +24.9% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €673,109 | €840,925 | +€167,816 | +24.9% |
| Land and buildings | 22 | €329,913 | €811,078 | +€481,165 | +146% |
| Plant, machinery and equipment | 23 | €13,065 | €12,241 | -€824 | -6.3% |
| Furniture and vehicles | 24 | €21,664 | €17,605 | -€4,059 | -18.7% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €308,467 | €0 | -€308,467 | -100% |
| Current assets | 29/58 | €53,101 | €64,809 | +€11,708 | +22.0% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €12,846 | €33,837 | +€20,991 | +163% |
| Trade receivables | 40 | €0 | €9,050 | +€9,050 | |
| Other amounts receivable | 41 | €12,846 | €24,787 | +€11,941 | +93.0% |
| Cash at bank and in hand | 54/58 | €37,385 | €28,665 | -€8,720 | -23.3% |
| Deferred charges and accrued income | 490/1 | €2,869 | €2,307 | -€562 | -19.6% |
| Total equity and liabilities | 10/49 | €726,210 | €905,734 | +€179,524 | +24.7% |
| Equity | 10/15 | €425,299 | €365,321 | -€59,978 | -14.1% |
| Contributions | 10/11 | €15,660 | €15,660 | +€0 | 0.0% |
| Reserves | 13 | €403,811 | €396,335 | -€7,476 | -1.9% |
| Tax-exempt reserves | 132 | €159,964 | €152,488 | -€7,476 | -4.7% |
| Distributable reserves | 133 | €243,847 | €243,847 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | - | -€51,479 | -€51,479 | |
| Investment grants | 15 | €5,828 | €4,805 | -€1,023 | -17.5% |
| Provisions and deferred taxes | 16 | €61,805 | €58,595 | -€3,210 | -5.2% |
| Deferred taxes | 168 | €61,805 | €58,595 | -€3,210 | -5.2% |
| Amounts payable | 17/49 | €239,106 | €481,818 | +€242,712 | +102% |
| Amounts payable after more than one year | 17 | €148,671 | €361,392 | +€212,721 | +143% |
| Financial debts | 170/4 | €117,619 | €129,738 | +€12,119 | +10.3% |
| Other amounts payable | 178/9 | €31,052 | €231,654 | +€200,602 | +646% |
| Amounts payable within one year | 42/48 | €90,435 | €120,426 | +€29,991 | +33.2% |
| Current portion of amounts payable after more than one year | 42 | €69,623 | €106,678 | +€37,055 | +53.2% |
| Trade debts | 44 | €5,514 | €8,099 | +€2,585 | +46.9% |
| Suppliers | 440/4 | €5,514 | €8,099 | +€2,585 | +46.9% |
| Taxes, remuneration and social security | 45 | €15,298 | €5,649 | -€9,649 | -63.1% |
| Taxes | 450/3 | €15,298 | €5,649 | -€9,649 | -63.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €92 | €0 | -€92 | -100% |
| Remuneration, social security and pensions | 62 | €72,235 | €1,128 | -€71,107 | -98.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,767 | €76,370 | +€22,603 | +42.0% |
| Other operating charges | 640/8 | €3,849 | €5,002 | +€1,153 | +30.0% |
| Non-recurring operating charges | 66A | €169 | €0 | -€169 | -100% |
| Gross operating margin | 9900 | €161,505 | €32,888 | -€128,617 | -79.6% |
| Operating profit (loss) | 9901 | €31,486 | -€49,612 | -€81,098 | |
| Financial income | 75/76B | €6,239 | €1,149 | -€5,090 | -81.6% |
| Recurring financial income | 75 | €6,239 | €1,149 | -€5,090 | -81.6% |
| Financial charges | 65/66B | €8,706 | €13,413 | +€4,707 | +54.1% |
| Recurring financial charges | 65 | €8,706 | €13,413 | +€4,707 | +54.1% |
| Profit (loss) for the period before taxes | 9903 | €29,019 | -€61,876 | -€90,895 | |
| Transfer from deferred taxes | 780 | €711 | €3,210 | +€2,499 | +351% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €9,207 | €290 | -€8,917 | -96.9% |
| Profit (loss) for the period | 9904 | €20,522 | -€58,956 | -€79,478 | |
| Transfer from tax-exempt reserves | 789 | €735 | €7,476 | +€6,741 | +917% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €21,258 | -€51,479 | -€72,737 |
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 24 October 2026 via checked.be.