LAOS: 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.
LAOS
Largest movements
- Tangible fixed assets +€10,900
up €10,900 (+6.2%), from €175,018 to €185,917
of which Land and buildings: +€7,997
- Profit (loss) carried forward +€5,918
up €5,918 (+2.2%), from -€268,777 to -€262,859
- Trade debts +€4,187
up €4,187 (+2630.3%), from €159 to €4,346
- Gross operating margin +€5,869
up €5,869 (+135.3%), from €4,339 to €10,208
- Depreciation -€1,262
down €1,262 (-46.1%), from €2,738 to €1,476
- Financial charges -€152
down €152 (-63.6%), from €240 to €87
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 | €216,637 | €225,964 | +€9,326 | +4.3% |
| Fixed assets | 21/28 | €175,018 | €185,917 | +€10,900 | +6.2% |
| Tangible fixed assets | 22/27 | €175,018 | €185,917 | +€10,900 | +6.2% |
| Land and buildings | 22 | €170,980 | €178,978 | +€7,997 | +4.7% |
| Plant, machinery and equipment | 23 | €4,037 | €6,940 | +€2,903 | +71.9% |
| Current assets | 29/58 | €41,620 | €40,046 | -€1,574 | -3.8% |
| Amounts receivable within one year | 40/41 | - | €605 | +€605 | |
| Other amounts receivable | 41 | - | €605 | +€605 | |
| Cash at bank and in hand | 54/58 | €40,679 | €38,469 | -€2,210 | -5.4% |
| Deferred charges and accrued income | 490/1 | €941 | €973 | +€32 | +3.4% |
| Total equity and liabilities | 10/49 | €216,637 | €225,964 | +€9,326 | +4.3% |
| Equity | 10/15 | -€43,436 | -€37,518 | +€5,918 | +13.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Revaluation surpluses | 12 | €212,941 | €212,941 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€268,777 | -€262,859 | +€5,918 | +2.2% |
| Amounts payable | 17/49 | €260,073 | €263,481 | +€3,408 | +1.3% |
| Amounts payable after more than one year | 17 | €161,401 | €161,401 | = | 0.0% |
| Financial debts | 170/4 | €158,901 | €158,901 | = | 0.0% |
| Other amounts payable | 178/9 | €2,500 | €2,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €97,842 | €102,080 | +€4,238 | +4.3% |
| Trade debts | 44 | €159 | €4,346 | +€4,187 | +2630.3% |
| Suppliers | 440/4 | €159 | €4,346 | +€4,187 | +2630.3% |
| Other amounts payable | 47/48 | €97,683 | €97,734 | +€51 | +0.1% |
| Accrued charges and deferred income | 492/3 | €830 | - | -€830 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,738 | €1,476 | -€1,262 | -46.1% |
| Other operating charges | 640/8 | €2,774 | €2,727 | -€47 | -1.7% |
| Gross operating margin | 9900 | €4,339 | €10,208 | +€5,869 | +135.3% |
| Operating profit (loss) | 9901 | -€1,173 | €6,006 | +€7,178 | |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €240 | €87 | -€152 | -63.6% |
| Recurring financial charges | 65 | €240 | €87 | -€152 | -63.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,407 | €5,918 | +€7,325 | |
| Profit (loss) for the period | 9904 | -€1,407 | €5,918 | +€7,325 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,407 | €5,918 | +€7,325 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.