LAPAUSA: 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.
LAPAUSA
Largest movements
- Cash -€206,888
down €206,888 (-40.8%), from €507,379 to €300,491
mainly Trade debts (-€389,461) and Investment in fixed assets (net) (-€61,485)
- Receivables within one year -€128,329
no longer reported in 2025 (was €128,329)
of which Other amounts receivable: -€122,354
- Tangible fixed assets -€57,727
down €57,727 (-7.7%), from €752,060 to €694,333
of which Other tangible fixed assets: -€59,206
- Trade debts -€389,461
down €389,461 (-29.4%), from €1.3m to €933,105
- Accrued charges and deferred income -€25,370
no longer reported in 2025 (was €25,370)
- Profit (loss) carried forward +€22,848
up €22,848 (+99.2%), from -€23,033 to -€185
- Services and other goods +€67,330
up €67,330 (+5.8%), from €1.2m to €1.2m
- Depreciation -€35,381
down €35,381 (-22.8%), from €155,118 to €119,736
- Goods and materials +€30,635
up €30,635 (+4.7%), from €654,139 to €684,773
of which Purchases: +€39,189
- Other operating income -€20,784
no longer reported in 2025 (was €20,784)
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 | €1,414,603 | €1,022,620 | -€391,983 | -27.7% |
| Fixed assets | 21/28 | €753,864 | €695,613 | -€58,251 | -7.7% |
| Intangible fixed assets | 21 | €1,564 | €1,040 | -€524 | -33.5% |
| Tangible fixed assets | 22/27 | €752,060 | €694,333 | -€57,727 | -7.7% |
| Plant, machinery and equipment | 23 | €375,777 | €380,501 | +€4,724 | +1.3% |
| Furniture and vehicles | 24 | €4,608 | €1,362 | -€3,245 | -70.4% |
| Other tangible fixed assets | 26 | €371,675 | €312,469 | -€59,206 | -15.9% |
| Financial fixed assets | 28 | €240 | €240 | = | 0.0% |
| Other financial fixed assets | 284/8 | €240 | €240 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €240 | €240 | = | 0.0% |
| Current assets | 29/58 | €660,739 | €327,007 | -€333,732 | -50.5% |
| Stocks and contracts in progress | 3 | €24,747 | €26,451 | +€1,703 | +6.9% |
| Stocks | 30/36 | €24,747 | €26,451 | +€1,703 | +6.9% |
| Raw materials and consumables | 30/31 | €12,270 | €12,145 | -€125 | -1.0% |
| Goods purchased for resale | 34 | €12,477 | €14,306 | +€1,829 | +14.7% |
| Amounts receivable within one year | 40/41 | €128,329 | - | -€128,329 | |
| Trade receivables | 40 | €5,976 | - | -€5,976 | |
| Other amounts receivable | 41 | €122,354 | - | -€122,354 | |
| Cash at bank and in hand | 54/58 | €507,379 | €300,491 | -€206,888 | -40.8% |
| Deferred charges and accrued income | 490/1 | €283 | €65 | -€218 | -77.1% |
| Total equity and liabilities | 10/49 | €1,414,603 | €1,022,620 | -€391,983 | -27.7% |
| Equity | 10/15 | €66,667 | €89,515 | +€22,848 | +34.3% |
| Contributions | 10/11 | €77,000 | €77,000 | = | 0.0% |
| Capital | 10 | €77,000 | €77,000 | = | 0.0% |
| Issued capital | 100 | €77,000 | €77,000 | = | 0.0% |
| Reserves | 13 | €12,700 | €12,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,700 | €7,700 | = | 0.0% |
| Legal reserve | 130 | €7,700 | €7,700 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,033 | -€185 | +€22,848 | +99.2% |
| Amounts payable | 17/49 | €1,347,936 | €933,105 | -€414,831 | -30.8% |
| Amounts payable within one year | 42/48 | €1,322,566 | €933,105 | -€389,461 | -29.4% |
| Trade debts | 44 | €1,322,566 | €933,105 | -€389,461 | -29.4% |
| Suppliers | 440/4 | €1,322,566 | €933,105 | -€389,461 | -29.4% |
| Accrued charges and deferred income | 492/3 | €25,370 | - | -€25,370 | |
| Operating income | 70/76A | €2,083,812 | €2,073,532 | -€10,280 | -0.5% |
| Turnover | 70 | €2,059,976 | €2,073,532 | +€13,556 | +0.7% |
| Other operating income | 74 | €20,784 | - | -€20,784 | |
| Non-recurring operating income | 76A | €3,052 | - | -€3,052 | |
| Operating charges | 60/66A | €1,983,035 | €2,043,616 | +€60,580 | +3.1% |
| Goods for resale, raw materials and consumables | 60 | €654,139 | €684,773 | +€30,635 | +4.7% |
| Purchases | 600/8 | €651,677 | €690,866 | +€39,189 | +6.0% |
| Change in stocks: decrease (increase) | 609 | €2,462 | -€6,093 | -€8,555 | |
| Services and other goods | 61 | €1,164,815 | €1,232,145 | +€67,330 | +5.8% |
| Remuneration, social security and pensions | 62 | €4,023 | €5,012 | +€989 | +24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €155,118 | €119,736 | -€35,381 | -22.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,414 | +€1,414 | |
| Other operating charges | 640/8 | €4,941 | €536 | -€4,406 | -89.2% |
| Operating profit (loss) | 9901 | €100,777 | €29,917 | -€70,860 | -70.3% |
| Financial income | 75/76B | €1,530 | €5,231 | +€3,701 | +242.0% |
| Recurring financial income | 75 | €1,530 | €5,231 | +€3,701 | +242.0% |
| Other financial income | 752/9 | €1,530 | €5,231 | +€3,701 | +242.0% |
| Financial charges | 65/66B | €20,639 | €12,300 | -€8,339 | -40.4% |
| Recurring financial charges | 65 | €20,639 | €12,300 | -€8,339 | -40.4% |
| Debt charges | 650 | €14,272 | €2,153 | -€12,119 | -84.9% |
| Other financial charges | 652/9 | €6,367 | €10,147 | +€3,780 | +59.4% |
| Profit (loss) for the period before taxes | 9903 | €81,668 | €22,848 | -€58,820 | -72.0% |
| Profit (loss) for the period | 9904 | €81,668 | €22,848 | -€58,820 | -72.0% |
| Profit (loss) for the period to be appropriated | 9905 | €81,668 | €22,848 | -€58,820 | -72.0% |
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 10 October 2026 via checked.be.