LAP63: 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.
LAP63
Largest movements
- Cash -€40,329
down €40,329 (-96.7%), from €41,717 to €1,388
mainly Trade debts (-€69,768) and Net result for the year (-€22,675)
- Trade debts -€69,768
down €69,768 (-86.1%), from €81,045 to €11,277
- Other debts +€53,917
up €53,917 (+6.2%), from €866,137 to €920,054
- Profit (loss) carried forward -€22,675
down €22,675 (-5.2%), from -€436,124 to -€458,799
- Financial charges +€4,890
up €4,890 (+62.0%), from €7,885 to €12,775
- Gross operating margin +€2,250
up €2,250 (+19.4%), from -€11,577 to -€9,327
- Depreciation -€695
down €695 (-82.0%), from €848 to €153
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 | €542,636 | €503,902 | -€38,734 | -7.1% |
| Fixed assets | 21/28 | €2,653 | €2,500 | -€153 | -5.8% |
| Tangible fixed assets | 22/27 | €2,653 | €2,500 | -€153 | -5.8% |
| Plant, machinery and equipment | 23 | €153 | €0 | -€153 | -100.0% |
| Other tangible fixed assets | 26 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €539,983 | €501,402 | -€38,581 | -7.1% |
| Stocks and contracts in progress | 3 | €482,576 | €482,576 | = | 0.0% |
| Stocks | 30/36 | €482,576 | €482,576 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €15,240 | €17,438 | +€2,198 | +14.4% |
| Trade receivables | 40 | €8,089 | €8,068 | -€21 | -0.3% |
| Other amounts receivable | 41 | €7,151 | €9,369 | +€2,218 | +31.0% |
| Cash at bank and in hand | 54/58 | €41,717 | €1,388 | -€40,329 | -96.7% |
| Deferred charges and accrued income | 490/1 | €450 | €0 | -€450 | -100.0% |
| Total equity and liabilities | 10/49 | €542,636 | €503,902 | -€38,734 | -7.1% |
| Equity | 10/15 | -€417,524 | -€440,199 | -€22,675 | -5.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€436,124 | -€458,799 | -€22,675 | -5.2% |
| Amounts payable | 17/49 | €960,160 | €944,101 | -€16,059 | -1.7% |
| Amounts payable within one year | 42/48 | €960,057 | €944,101 | -€15,956 | -1.7% |
| Financial debts | 43 | €12,875 | €12,770 | -€104 | -0.8% |
| Credit institutions | 430/8 | €12,875 | €12,770 | -€104 | -0.8% |
| Trade debts | 44 | €81,045 | €11,277 | -€69,768 | -86.1% |
| Suppliers | 440/4 | €81,045 | €11,277 | -€69,768 | -86.1% |
| Other amounts payable | 47/48 | €866,137 | €920,054 | +€53,917 | +6.2% |
| Accrued charges and deferred income | 492/3 | €103 | €0 | -€103 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €848 | €153 | -€695 | -82.0% |
| Other operating charges | 640/8 | €416 | €420 | +€4 | +1.0% |
| Gross operating margin | 9900 | -€11,577 | -€9,327 | +€2,250 | +19.4% |
| Operating profit (loss) | 9901 | -€12,841 | -€9,900 | +€2,941 | +22.9% |
| Financial charges | 65/66B | €7,885 | €12,775 | +€4,890 | +62.0% |
| Recurring financial charges | 65 | €7,885 | €12,775 | +€4,890 | +62.0% |
| Profit (loss) for the period before taxes | 9903 | -€20,726 | -€22,675 | -€1,949 | -9.4% |
| Profit (loss) for the period | 9904 | -€20,726 | -€22,675 | -€1,949 | -9.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,726 | -€22,675 | -€1,949 | -9.4% |
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 30 September 2026 via checked.be.